Plaintiff Files Two Lawsuits Alleging FDCPA, TCPA Violations

A plaintiff has filed a pair of class-action lawsuits against two collection agencies and Bank of America, alleging that one of the agencies and BofA violated the Telephone Consumer Protection Act and the other agency violated the Fair Debt Collection Practices Act. The agency accused of violating the FDCPA did …

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[UPDATED] Cordray To Step Down From CFPB

Richard Cordray, the director of the Consumer Financial Protection Bureau, has announced his resignation. Cordray made the announcement in an email to CFPB employees this morning. He said he plans to step down at the end of the month. “As I have said many times, but feel just as much …

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Group Charged in Debt Collection Scheme

A handful of individuals have had charges filed against them for allegedly collecting debts from individuals but not remitting those payments to the agency’s clients. The names of those charged are: Timothy Burke, Jr., Deisi Rivera, Angela Covarrubias, Veronica Ventura,  and Elizabeth Olvera. The defendants used a number of different fraudulent …

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