Compliance

The Connecticut Department of Banking has ordered a collection agency to refund all charges, fees, and amounts received from consumers in the state for the past five years while also announcing a hearing has been scheduled to revoke and refuse to renew a license for the company to collect in …

A defendant has lost its attempt to keep a Fair Debt Collection Practices Act class action in federal court, with a District Court judge in Wisconsin ruling that even though the plaintiff sought the help of an attorney and that interest continued to accrue on the underlying debt, she did …

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H. Bedard, Jr., or call (678) 253-1871. Every week, …

After 35 episodes and nearly eight hours of in-depth analysis, we have reached the end of the line. The series finale of “You Wanted a Rule, You Got a Rule.” In the last episode of the series, John Bedard of Bedard Law Group breaks down the last three sections of …

A District Court judge in Pennsylvania has granted a defendant’s motion to dismiss after it was sued for violating the Fair Debt Collection Practices Act when one of its representatives used the word “summons” during a conversation with the plaintiff, who had been sued by the defendant to recover an …

Consumers continued to appear to have opposing reactions to their interactions with companies in the accounts receivable management industry in October, with fewer consumers complaining to the Consumer Financial Protection Bureau, but more consumers filing lawsuits, according to data released yesterday by WebRecon. WebRecon did note that the number of …

In a lot of what’s included in Regulation F, the Consumer Financial Protection Bureau gave debt collectors options, such as what to say in the Limited-Content Message or what to include in the Model Validation Notice. While there are components of each that are required, collectors are given the opportunity …

The Attorney General of New York announced yesterday a settlement with three debt collection companies owned by Andrew Fanelli that will permanently ban them from any future debt collection activities while also paying $1.2 million in fines and restitution to individuals impacted by the collectors’ tactics. A copy of the …

The battle lines have been drawn. When it hears arguments in Hunstein v. Preferred Management & Collections — during the week of February 21, 2022 — the Eleventh Circuit Court of Appeals wants to hear from both sides on whether the plaintiff actually has standing to bring his lawsuit in …

If there is one certainty about what is going to happen once Regulation F goes into effect on November 30, it’s that individuals who receive notices from debt collectors are going to dispute more debts. By providing the option for consumers to dispute the validity of a debt on the …