Compliance

A District Court judge in New Jersey has denied a defendant’s motion for summary judgment after it was accused of violating the Fair Debt Collection Practices Act by using a different company name in voicemail messages left with individuals. A copy of the ruling in Levins v. Healthcare Revenue Recovery …

A review of nine state court case dockets reveal that the number of filings of new lawsuits were down 53% in April and 49% in May compared with the same months last year, according to data that was released by Lex Machina. In reviewing the types of cases that were …

A pair of Senators have set their sights on one of the nation’s largest credit card lenders and a pair of the nation’s largest debt buyers, calling out what the Senators label as “aggressive” debt collection practices and telling them they should “suspend” the filing of collection lawsuits and garnishing …

Following the lead of its fellow regulator, the Federal Deposit Insurance Corporation yesterday announced a rule that ensures the terms of loans remain valid after they are sold or transferred, a provision that is critical to sales of loan portfolios in the secondary market. The rule, which follows what the …

The Consumer Financial Protection Bureau announced a settlement with a trio of companies accused of engaging in deceptive acts and practices in violation of the Consumer Financial Protection Act and the Fair Credit Reporting Act. The companies will pay a combined $35,000 in civil money penalties. The companies — Harbour …

Simply refunding someone who was overcharged is not enough to argue that the individual does not have standing to sue under Article III of the Constitution, an Appeals Court has ruled, overturning a lower court’s dismissal of a case because the plaintiff should have been paid $3.76 in interest. A …

The Federal Communications Commission will vote next month on establishing a safe harbor that would protect phone carriers from being sued if they inadvertently block a legitimate call as a means of protecting consumers from receiving unwanted calls. But will the safe harbor induce carriers to be more aggressive in …

A number of industry trade groups are asking the New York City Department of Consumer Affairs to delay the effectiveness date of its new language access rule because plaintiff’s attorneys may still use the inability of a collection agency to comply with the rule during the 60-day enforcement grace period …

The Consumer Financial Protection Bureau yesterday issued an interim final rule that will make it easier for individuals in mortgage forbearance programs to repay the balances that were accrued, which companies in the credit and collection industry may want to use as a blueprint for any forbearance programs it has …

For the second time in nine years, the Attorney General of New York has reached a settlement with a debt relief company that was accused of engaging in deceptive practices. Freedom Debt Relief will return $3.6 million to customers of its services after they were misled about the amount of …