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Home Daily Digest

Daily Digest – November 13. Judge Rules Law Firm Used ‘Misleading’ Language; Examining the ‘Lucrative Assembly Line’ of Student Loan Lawsuits

mikegibb by mikegibb
November 13, 2017
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The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs, and collection agencies worldwide. 

JUDGE RULES LAW FIRM USED ‘MISLEADING’ LANGUAGE IN COLLECTION LETTER

  • A federal judge has ruled a collection letter sent by  law firm violated the Fair Debt Collection Practices Act by using misleading language and by inadvertently shortening the 30-day timeframe that an individual has to file a dispute over an alleged debt. This, despite the fact that the law firm was following a legal precedent from another lawsuit it was involved in that said the language was permissible.

 

 

PLAINTIFF FILES CLASS ACTION LAWSUIT OVER INTEREST LANGUAGE IN COLLECTION LETTER

  • A collection agency in Minnesota is facing a potential class-action lawsuit because it indicated that interest may be charged on an unpaid debt.

 

ARTICLE LOOKS AT ‘LUCRATIVE ASSEMBLY LINE’ OF STUDENT LOAN LAWSUITS

  • Transworld Systems is in the spotlight this morning, as The New York Times looks into some of the 38,000 lawsuits it has filed against individuals with unpaid student loans. The article exposes lawsuits that were filed after the statute of limitations had expired, a lawsuit that was filed after a loan had been paid off, and more. Transworld collects on behalf of the National Collegiate Student Loan Trust, an organization that has received attention for its questionable documentation practices.

 

WORTH NOTING: Undercover officers from one precinct of the Detroit Police Department attempted to by drugs from undercover officers of another precinct. What followed was exactly what you would expect … The U.S. has suffered through its worst series of weather in 90 years … The most popular motivational books of 2017 … Five ways to grow and build trust … Nearly 80% of Americans would take a pay cut to work at a more “just” company … Eight TV shows that are likely to get canceled … Poor White Americans are getting poorer … Bill Gates has pledged $100 million to help fight Alzheimer’s Disease … Ratings at Fox News keep going up.

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The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs, and collection agencies worldwide. 

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