Daily Digest

Daily Digest – June 17. Getting to Know Catherine Calko of Spring Oaks Capital; Judge Grants MTD in FDCPA Case Over Alleged Attorney Threat in Letter

GETTING TO KNOW CATHERINE CALKO OF SPRING OAKS CAPITAL Catherine Calko loves the classics. And that love extends to her work and career in the accounts receivable management industry. What she loves so much about working in this industry — collaboration and collective problem solving — is something she practices …

Read More »

Daily Digest – June 16. Bedard Breaks Down Validation Information; Judge Grants MSJ For Defense in Pay-For-Delete Request

BEDARD BREAKS DOWN CATEGORIES OF VALIDATION INFORMATION Once Regulation F goes into effect, collectors are going to have to make substantial changes to the validation notices they are sending out to consumers. Whether collectors choose to use the rule’s Model Validation Notice or continue using their own format of collection …

Read More »

Daily Digest – June 14. CFPB To Make Decision on Rule Delay This Month; Appeals Court Affirms Dismissal of FDCPA Suit

CFPB PUBLISHES RULEMAKING AGENDA; DECISION ON DEBT COLLECTION RULE DELAY EXPECTED THIS MONTH The Consumer Financial Protection Bureau has apparently dropped a plan that was initiated under its former leadership to create a rule that defines “abusive” conduct under the unfair, deceptive, and abusive acts or practices, known as UDAAP, …

Read More »

Daily Digest – June 9. Collector to Pay $900k After Being Sued by Wash. AG; Judge Holds Debt Buyer Liable for Actions of Collector

COLLECTOR TO PAY MORE THAN $900K IN RESTITUTION, FINES AFTER BEING SUED BY WASHINGTON AG The Attorney General of Washington yesterday announced an enforcement action against a collection agency for alleged unlawful debt collection practices, including assessing fees and costs to individuals without not collecting any money from them, operating …

Read More »