Compliance

In yet another case out of the Eastern District of Pennsylvania, a judge has denied a defendant’s motion for summary judgment after it was sued for violating the Fair Debt Collection Practices Act by using the statutory dispute notice in a validation letter that was sent to an individual. A …

Every week, AccountsRecovery.net brings you the most important news in the industry. But, with compliance-related articles, context is king. That’s why the brightest and most knowledgable compliance experts are sought to offer their perspectives and insights into the most important news of the day. Read on to hear what the …

Debt collectors in Tennessee who are seeking to recover the entire balance of unpaid medical debts from uninsured patients may be breaking the law, and a lawyer is looking for individuals to participate in a class-action lawsuit against any alleged perpetrators. A state law in Tennessee limits the amount that …

A bill has been sent to the governor’s office in Texas that seeks to limit how long a debt buyer has to sue an individual for an unpaid debt and requires additional disclosures to be sent to individuals. HB 996, the Fair Consumer Debt Collection Act, passed in the state …

A District Court judge in the Eastern District of New York has reversed himself and has denied a dismissal of a lawsuit filed against a collection agency for allegedly violating the Fair Debt Collection Practices Act because a validation notice was not specific about it being the initial communication between …

A Magistrate Court judge in Wisconsin has cut the amount sought by plaintiff’s attorneys who were awarded summary judgment in a Fair Debt Collection Practices Act case by nearly two-thirds, lowering both the hourly rate and the number of hours awarded that were submitted by the plaintiff. A copy of …

The Supreme Court yesterday affirmed decisions from the District Court and Appeals Court that a third-party defendant can not use the Class Action Fairness Act (CAFA) to remove a state court action to federal court in a case that started as a run-of-the-mill collection suit. In a 5-4 ruling, the …

The Federal Deposit Insurance Corp. announced last week that it had “resolved” a lawsuit filed by a number of payday lenders, alleging that banks had used Operation Choke Point to cut off the lenders’ access to financial services. Under the terms of the settlement, the FDIC, which regulates commercial banks …

A District Court judge in Florida has dropped the amount sought by a handful of plaintiff’s attorneys who won a Fair Debt Collection Practices Act case to $184,000, from their original request of $254,000, ruling the lawyers were asking too much in their hourly rate and were not entitled to …

Edwin Fujinaga, the former president and chief executive officer of MRI International Inc., which was said to be an investment firm and medical collections and debt buying operation, has been sentenced to 50 years in prison for orchestrating a $1.5 billion Ponzi scheme. Fujinaga was convicted of last November of …