Compliance

The Supreme Court announced today that it has decided to hear arguments in Seila Law v. Consumer Financial Protection Bureau, which will address — once and for all — whether the leadership structure of the CFPB is constitutional or not. The decision by the Supreme Court is a win for …

A Maryland man who pleaded guilty to operating a debt buying Ponzi scheme that took $396 million from investors has been sentenced to 22 years in prison and must make full restitution to all of his victims, which is expected to be at least $189 million. Kevin Merrill agreed in …

Debt collectors, especially those who collect on unpaid medical debts, get to decide whether an individual goes to jail or not, according to a new article that was published yesterday by ProPublica, which looked at how “collection attorneys have turned this courtroom into a government-sanctioned shakedown of the uninsured and …

The Court of Appeals for the Fourth Circuit has issued an unpublished opinion affirming a lower court’s summary judgment ruling in favor of a debt collector that sought to collect post-judgment enforcement costs as well as the use of a continuing lien clause in attempting to collect on the unpaid …

Placing 77 calls over a 73-day period is not enough to be considered a violation of Section 1692f of the Fair Debt Collection Practices Act, but is enough to be considered a violation of Section 1692d(5) of the FDCPA, a District Court judge in California has ruled in only partially …

A class-action lawsuit has been filed in New Jersey alleging that a collection attorney violated the Fair Debt Collection Practices Act by threatening to report an individual’s unpaid debt to a credit bureau when it had no plans to do so. A copy of the complaint in the case of …

A District Court judge in New York has granted a defendant’s motion to dismiss after it was sued for allegedly violated the Fair Debt Collection Practices Act by filing a lawsuit of its own against an individual with an unpaid debt even though it was not able to prove it …

The battle raging in Idaho between Frank VanderSloot, a billionaire, and a pair of lawyers who own a collection agency, is intensifying, as VanderSloot also begins a lobbying campaign to enact new laws related to the collection of medical debts. Before getting into the new developments, here is the backstory: …

A trio of state lawmakers in Minnesota yesterday announced plans to legislate a crackdown on illegal robocalls, which would enhance consumer protections, stiffen penalties for those found to be placing robocalls, and require telecom companies to offer call-blocking technology for free to their customers. The lawmakers — Rep. Zack Stephenson, …

A District Court judge in Oklahoma has certified a class action against a defendant accused of violating the Fair Debt Collection Practices Act by sending a collection letter that failed to identify the name of the original creditor and that a dispute needed to be filed in writing in order …