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CFPB Sued For Not Disclosing Documents Related To Arbitration Rulemaking

A non-profit group called the Cause of Action Institute has filed a lawsuit against the Consumer Financial Protection Bureau, alleging that the CFPB violated the Freedom of Information Act for failing to release certain documents related to the bureau’s rulemaking process regarding mandatory arbitration clauses. “To issue a regulation affecting such …

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FCC To Hold Consumer Webinar on Dealing With Robocalls

The Federal Communications Commission announced today that it will host a webinar next week for consumers to help them deal with robocalls. The webinar will be held on Wednesday, December 14 at 1pm EST. As of Thursday afternoon, the link the FCC provided to register for the webinar was not …

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Plaintiffs Attorney Rejected As Class Representative in TCPA Suit

A plaintiff’s attorney who has been involved in at least three dozen cases against collection agencies was shown the door by a District Court judge last week as the named representative in a class-action lawsuit, largely because the attorney’s actions made him appear to be a professional plaintiff. The attorney, Phillip Nghiem, has …

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CFPB Rulemaking Agenda Hints At No Activity Until After Trump Takes Office; Mentions Separate SBREFA Panel For First-Party Collections

It appears as though the Consumer Financial Protection Bureau is done with its rulemaking until after President-elect Donald Trump takes office on Jan. 20, 2017, according to a published report, which was based on a release from the agency last Friday. “Agenda indicates agency unlikely to finalize any major rule …

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Neb. Collection Agency To Pay $500k As Part of FDCPA Settlement

Credit Management Services, a Nebraska collection agency, will pay $198,000 to 11,552 members of a class-action lawsuit as well as pay $315,000 in attorneys fees after the terms of a settlement were finalized this week. The collection agency was accused of trying to collect pre-judgment interest and attorney’s fees prior …

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