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Home Daily Digest

Daily Digest – August 2. CFPB Extends Comment Period on Proposed Collection Rule; Judge Grants MTD in FDCPA Case Over Letter Language

mikegibb by mikegibb
August 2, 2019
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CFPB EXTENDS PROPOSED COLLECTION RULE COMMENT PERIOD

  • Admitting it has received requests from representatives in both the financial services industry and consumer advocacies, the Consumer Financial Protection Bureau announced yesterday via a publication in the Federal Register that it will extend the comment period by 30 days for the Notice of Proposed Rulemaking related to debt collection.

JUDGE GRANTS MTD IN FDCPA CASE OVER LANGUAGE USED IN LETTER

  • A District Court judge in New York has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act by sending a letter that referenced a “current balance,” even though the balance could not increase.`

JUDGE GRANTS MSJ FOR DEFENSE IN TCPA CASE AFTER PLAINTIFF CAN’T FIND RECORDS THAT CALLS WERE MADE

  • A District Court judge in Colorado has granted summary judgment in favor of a defendant that was accused of violating the Telephone Consumer Protection Act, even though the plaintiff’s call records did not show any calls from the defendant and the defendant did not even have the account when some of the calls were allegedly made.

AFFIDAVIT PROCESS GOES UNDER MICROSCOPE IN MEDIA REPORT, BUT AT LEAST SOMEONE FINALLY REALIZES THAT PEOPLE IN INDUSTRY CAN SPEAK

  • Affidavits attesting to the validity of a debt are a crucial part of the legal process when a lawsuit has to be filed against an individual because of an unpaid bill or account. A published report looks into the process to discuss how much information someone needs when signing an affidavit and whose job it is to verify the information.

PROBLEMS IMPLEMENTING NEW SYSTEM LEAD HOSPITAL NETWORK TO OUTSOURCE RCM FUNCTIONS

  • A hospital network that is going to be outsourcing its revenue cycle management functions to a third-party is likely to lay off as many as 150 workers, according to a published report.

WORTH NOTING: One of the darkest places in the world is in Nevada … A new type of touchdown celebration — throwing the ball into a pond — man have gotten an NFLer cut … Why you need to make a “When I Die” file … I guarantee you my 1998 Ford Taurus station wagon is not on this list … Chick-fil-A likely loses $1 billion a year by not opening on Sundays, and it’s being hailed as a brilliant business strategy … Any parent will reach the same conclusion that researchers did … About 20% of people are hiding a financial secret from their significant others … How one mom is taking her family to Disney World for free.

How to get rid of mosquitoes

Funny Friday

The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com. 

CFPB EXTENDS PROPOSED COLLECTION RULE COMMENT PERIOD

  • Admitting it has received requests from representatives in both the financial services industry and consumer advocacies, the Consumer Financial Protection Bureau announced yesterday via a publication in the Federal Register that it will extend the comment period by 30 days for the Notice of Proposed Rulemaking related to debt collection.

JUDGE GRANTS MTD IN FDCPA CASE OVER LANGUAGE USED IN LETTER

  • A District Court judge in New York has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act by sending a letter that referenced a “current balance,” even though the balance could not increase.`

JUDGE GRANTS MSJ FOR DEFENSE IN TCPA CASE AFTER PLAINTIFF CAN’T FIND RECORDS THAT CALLS WERE MADE

  • A District Court judge in Colorado has granted summary judgment in favor of a defendant that was accused of violating the Telephone Consumer Protection Act, even though the plaintiff’s call records did not show any calls from the defendant and the defendant did not even have the account when some of the calls were allegedly made.

AFFIDAVIT PROCESS GOES UNDER MICROSCOPE IN MEDIA REPORT, BUT AT LEAST SOMEONE FINALLY REALIZES THAT PEOPLE IN INDUSTRY CAN SPEAK

  • Affidavits attesting to the validity of a debt are a crucial part of the legal process when a lawsuit has to be filed against an individual because of an unpaid bill or account. A published report looks into the process to discuss how much information someone needs when signing an affidavit and whose job it is to verify the information.

PROBLEMS IMPLEMENTING NEW SYSTEM LEAD HOSPITAL NETWORK TO OUTSOURCE RCM FUNCTIONS

  • A hospital network that is going to be outsourcing its revenue cycle management functions to a third-party is likely to lay off as many as 150 workers, according to a published report.

WORTH NOTING: One of the darkest places in the world is in Nevada … A new type of touchdown celebration — throwing the ball into a pond — man have gotten an NFLer cut … Why you need to make a “When I Die” file … I guarantee you my 1998 Ford Taurus station wagon is not on this list … Chick-fil-A likely loses $1 billion a year by not opening on Sundays, and it’s being hailed as a brilliant business strategy … Any parent will reach the same conclusion that researchers did … About 20% of people are hiding a financial secret from their significant others … How one mom is taking her family to Disney World for free.

How to get rid of mosquitoes

Funny Friday

The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com. 

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