Compliance

Separate bipartisan bills were introduced yesterday in both the House of Representatives and the Senate to amend the Servicemembers Civil Relief Act, which protects members of the Armed Forces and other branches of the government from certain financial situations, including judgments, garnishments, and other adverse collection-related actions. H.R.5752 was introduced …

In a case that is being defended by the team at Kaufman Dolowich & Voluck, a District Court judge in the Southern District of Florida has granted a defendant’s motion to transfer a Hunstein-related class action to the Middle District of Florida — where the defendant is already facing a …

The Consumer Financial Protection Bureau is planning to “sharpen its focus on repeat offenders,” specifically those companies that violate agency or federal court orders, Director Rohit Chopra is planning on telling the House Financial Services Committee today, according to a copy of his prepared remarks. Chopra is making stops at …

President Joe Biden yesterday nominated Jessica Rosenworcel to be the next Chair of the Federal Communication Commission and Gigi Sohn to be a Commissioner at the regulator, rounding out the leadership of that agency and all the agencies that oversee portions of the accounts receivable management industry. Rosenworcel has been …

In the latest episode of “You Wanted a Rule, You Got a Rule,” John Bedard of Bedard Law Group finishes walking through his analysis and breakdown of the eight optional disclosures that collectors are allowed to include on their copies of the Model Validation Notice and still enjoy the safe …

A District Court judge in Michigan has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act by contacting the plaintiff after she had disputed the debt in question with the original creditor and for making a “hard inquiry” on her …

The Connecticut Department of Banking has reached a settlement with a creditor that was using a different name under which to collect unpaid debts for not having a collection license that will see the company pay a fine of $10,000 and stop collecting debts in the state unless it is …

After seeing Democrats introduce legislation in both the House of Representatives and the Senate designed to protect and compensate individuals who come forward and report instances of wrongdoing in the financial services industry to the Consumer Financial Protection Bureau, a Republican has introduced his own bill that aims to protect …

He hasn’t had time to find out where the office supplies are kept, but Rohit Chopra will go before the House Financial Services Committee tomorrow and the Senate Banking Committee on Thursday to deliver the Consumer Financial Protection Bureau’s annual six-month update. This will mark the first time that the …

A District Court judge in Florida has denied a defendant’s motion for judgment on the pleadings in a Fair Debt Collection Practices Act case for allegedly disregarded cease-and-desist letters sent by an individual after receiving text messages and collection letters from the defendant while the individual had a pending bankruptcy …