Compliance

A class-action lawsuit has been filed in federal court in California, accusing a collection agency of not notifying the plaintiff that calls between the two parties were being recorded until after the plaintiff had confirmed his identity and the representative of the defendant had disclosed certain information about the debt. …

A battle between a failed partnership between a creditor and a collection agency has spilled over into the Court of Appeals for the Eleventh Circuit, with a panel of judges yesterday affirming a lower court’s decision not to award the creditor attorney’s fees after it accused the agency of breaching …

With the midterm elections little more than six months away, the jockeying for positions has already begun among Republicans, who are expecting to regain control of the House of Representatives. One important Republican to companies in the accounts receivable management industry — Rep. Patrick McHenry [R-N.C.] — yesterday said he …

The Consumer Financial Protection Bureau has issued a procedural rule to expand its supervision over nonbank entities that the regulator “has reasonable cause to determine pose risks to consumers” and is seeking comment on reviving the rule, which has been “dormant” and unused for a number of years. Initially invoked …

The Michigan Court of Appeals has upheld the dismissal of a post-judgment interest class-action on the grounds that state law in Michigan that precludes “actions” based on claimed violations of statutes that permitted recovery of statutory damages in lieu of actual damages means the plaintiff lacks standing to sue. A …

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 week, …

A class-action lawsuit has been filed in federal court in Nevada, accusing a pair of companies of violating the Fair Debt Collection Practices Act by allegedly sending an initial notification to the plaintiff without including all of the required validation information required under Regulation F. The notification was sent in …

A trio of plaintiffs who unsuccessfully tried to sue a collection law firm and three attorneys — who are facing charges for multiple felonies after allegedly forging proofs of service in collection lawsuits — in federal court have taken their case to state court, claiming violations of the Michigan Collection …

A group of Senate Democrats have written a letter to Rohit Chopra, the Director of the Consumer Financial Protection Bureau, calling on the agency to investigate the use of Training Repayment Agreements (TRAs) which some companies use to require employees to pay a pre-determined amount of money if they leave …

Continuing to fulfill its commitment to going after repeat offenders, the Consumer Financial Protection Bureau — in partnership with the Attorney General of New York — yesterday announced a lawsuit against MoneyGram Payment Systems for “systematically and repeatedly violating” consumer protection laws by failing to deliver funds promptly and failing …