SUPREME COURT TO HEAR ARGUMENTS IN CFPB LEADERSHIP CASE
- The Supreme Court announced Friday that it has decided to hear arguments in Seila Law v. Consumer Financial Protection Bureau, which will address — once and for all — whether the leadership structure of the CFPB is constitutional or not.
JUDGE STAYS FDCPA CASE AGAINST LAW FIRM PENDING SCOTUS RULING ON CFPB LEADERSHIP
- A District Court judge in New York has stayed a case against a collection law firm that was being sued by the Consumer Financial Protection Bureau for allegedly violating the Fair Debt Collection Practices Act by misrepresenting that attorneys were meaningfully involved in lawsuits.
JUDGE DENIES MTD IN FDCPA CASE OVER EXPEDITED FEE CHARGE
- A District Court judge in Oregon has rejected a Magistrate Court’s recommendation to dismiss a lawsuit filed against a law firm accusing it of violating the Fair Debt Collection Practices Act by charging an expedited service fee when it filed Statements of Costs with the court after obtaining default judgments.
CREDITORS: ARE YOUR POLICIES AND PROCEDURES IN ORDER? ARE YOUR THIRD PARTY AGENCIES?
- Policies & procedures, a key part of your compliance management system, and something that can either make or break you when it comes to a Bona-Fide Error defense in court or with the CFPB. It is not only important that creditors have their policies & procedures in place for their own internal practices, but that you are aware of the policies & procedures of your 3rd party agencies, to ensure their compliance as well.
COMPLIANCE DIGEST – OCTOBER 21
- Click here to read this week’s Compliance Digest, sponsored by Applied Innovation. You’ll get insights and opinions from eight different compliance experts — Rick Perr, Michael Klutho, Stefanie Jackman, Laurie Nelson, Brent Yarborough, Ethan Ostroff, Helen Mac Murray, and Kelly Knepper-Stephens — discussing the impact of recent court cases and legislative updates. You’re not going to get that kind of varied perspective anywhere else.
WORTH NOTING: Why you should get your flu shot now … Sen. Mitt Romney confirmed the existence of his own secret Twitter account … Find out what your name would be if you were born today (mine would be Barrett) … Bad news for anyone who works in marketing … How Millennials are changing America … A new apple is going to start showing up on your supermarket shelves … Everything you need to be a smartphone photographer … Aaron Rodgers had quite a good day yesterday … A lot of people in Dallas are without power after a tornado struck there yesterday.
How to handle a medical emergency
Music Monday
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.
SUPREME COURT TO HEAR ARGUMENTS IN CFPB LEADERSHIP CASE
- The Supreme Court announced Friday that it has decided to hear arguments in Seila Law v. Consumer Financial Protection Bureau, which will address — once and for all — whether the leadership structure of the CFPB is constitutional or not.
JUDGE STAYS FDCPA CASE AGAINST LAW FIRM PENDING SCOTUS RULING ON CFPB LEADERSHIP
- A District Court judge in New York has stayed a case against a collection law firm that was being sued by the Consumer Financial Protection Bureau for allegedly violating the Fair Debt Collection Practices Act by misrepresenting that attorneys were meaningfully involved in lawsuits.
JUDGE DENIES MTD IN FDCPA CASE OVER EXPEDITED FEE CHARGE
- A District Court judge in Oregon has rejected a Magistrate Court’s recommendation to dismiss a lawsuit filed against a law firm accusing it of violating the Fair Debt Collection Practices Act by charging an expedited service fee when it filed Statements of Costs with the court after obtaining default judgments.
CREDITORS: ARE YOUR POLICIES AND PROCEDURES IN ORDER? ARE YOUR THIRD PARTY AGENCIES?
- Policies & procedures, a key part of your compliance management system, and something that can either make or break you when it comes to a Bona-Fide Error defense in court or with the CFPB. It is not only important that creditors have their policies & procedures in place for their own internal practices, but that you are aware of the policies & procedures of your 3rd party agencies, to ensure their compliance as well.
COMPLIANCE DIGEST – OCTOBER 21
- Click here to read this week’s Compliance Digest, sponsored by Applied Innovation. You’ll get insights and opinions from eight different compliance experts — Rick Perr, Michael Klutho, Stefanie Jackman, Laurie Nelson, Brent Yarborough, Ethan Ostroff, Helen Mac Murray, and Kelly Knepper-Stephens — discussing the impact of recent court cases and legislative updates. You’re not going to get that kind of varied perspective anywhere else.
WORTH NOTING: Why you should get your flu shot now … Sen. Mitt Romney confirmed the existence of his own secret Twitter account … Find out what your name would be if you were born today (mine would be Barrett) … Bad news for anyone who works in marketing … How Millennials are changing America … A new apple is going to start showing up on your supermarket shelves … Everything you need to be a smartphone photographer … Aaron Rodgers had quite a good day yesterday … A lot of people in Dallas are without power after a tornado struck there yesterday.
How to handle a medical emergency
Music Monday
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.
