Compliance

CFPB Fine Cap Has Smallest Annual Jump in Three Years

CFPB Logo

Individuals and companies fined by the Consumer Financial Protection Bureau can expect to pay a little bit more starting last week, after the annual inflationary increase for civil money penalties went into effect. The CFPB and other federal agencies were to increase their fine limits by 1.7% to adjust for …

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Compliance Digest – January 20

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 …

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Judge Denies MTD in SOL FDCPA Case

A District Court judge in Pennsylvania has denied a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act because it failed to include a disclosure in a collection letter that a partial payment on a time-barred debt would re-start the statute of …

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