Compliance

A bill has been introduced in the Maryland state legislature that would increase the amount of money that individuals would be able to protect when their wages or assets are garnished as a result of debt collection lawsuit. A copy of the proposed legislation, which was introduced by Rep. Lorig …

Those lining up to defend the current leadership structure of the Consumer Financial Protection Bureau, including the House of Representatives, 23 state attorneys general, and a large number of consumer advocacy groups all filed their amicus briefs with the Supreme Court earlier this week. The Supreme Court is due to …

A District Court judge in Illinois has partially granted a defendant’s motion to dismiss after it was accused of violating the Fair Debt Collection Practices Act by not indicating in a letter that the plaintiff had 30 days to request the name and address of the original creditor, but denied …

The Federal Communications Commission’s Consumer Advisory Committee has called a special meeting for Thursday, Feb. 13 where it will discuss a single item — robocalls and call blocking. The meeting, which will be held from 2pm to 3pm EST, is open to the public and will be broadcast live online, …

A bipartisan coalition of 22 state attorneys general have come out and are blasting a proposal from the Office of the Comptroller of the Currency that would clarify the “valid when made” doctrine to ensure the terms of loans would remain valid after they are sold or transferred and address …

The Seventh Circuit Court of Appeals has partially overturned a lower court’s dismissal of a suit in which a collector was accused of violating the Fair Debt Collection Practices Act by including the statement “Time Sensitive Document” on the envelope. A copy of the ruling in the case of Preston …

The Court of Appeals for the Seventh Circuit has reversed a lower court’s summary judgment award in favor of a defendant and instead remanded the case back for summary judgment in favor of a plaintiff who sued a collection agency for allegedly violating the Fair Debt Collection Practices Act by …

One of the downsides to sending emails has led to a collection agency being sued for allegedly violating the Fair Debt Collection Practices Act. A copy of the complaint in the case of DeHart v. CollectionCenter, Inc., can be accessed by clicking here. Earlier this month, the plaintiff noted an …

A District Court judge in Illinois has ruled that a group of defendants did not waive their right to compel arbitration because they spent four months defending themselves against a lawsuit that alleged they violated the Fair Debt Collection Practices Act by trying to collect on a debt that had …

Individuals and companies fined by the Consumer Financial Protection Bureau can expect to pay a little bit more starting last week, after the annual inflationary increase for civil money penalties went into effect. The CFPB and other federal agencies were to increase their fine limits by 1.7% to adjust for …