JUDGE GRANTS MTD IN FDCPA CLASS ACTION OVER ALLEGED LEGAL THREAT IN COLLECTION LETTER
- A District Court judge in New York has granted a defendant’s motion to dismiss a class-action after it was sued for violating the Fair Debt Collection Practices Act by allegedly threatening that legal action was imminent if a payment was not made and because the alleged threat overshadowed the validation notice.
BANK, CONSUMER GROUPS ENDORSE BILL PROTECTING STIMULUS FUNDS FROM GARNISHMENT
- A group of 12 organizations, including those representing financial institutions and consumer advocacy groups, yesterday issued a joint statement supporting legislation that has been introduced in the Senate to protect stimulus funds received under the CARES Act from garnishments.
JUDGE GRANTS MSJ FOR PLAINTIFF IN FDCPA CASE OVER POST-JUDGMENT INTEREST RATE
- A District Court judge in Connecticut has granted summary judgment in favor of a plaintiff who filed a Fair Debt Collection Practices Act suit because a judgment holder applied the highest post-judgment interest rate allowed by state law, even though the order did not specify the interest rate that could be applied.
IOWA REMOVES MORATORIUM ON COLLECTION ACTIVITIES THAT HAD BEEN PROHIBITED
- In yet another sign that states are easing their restrictions and beginning to re-open after having been closed for more than two months, the governor of Iowa announced yesterday that she will not extend a moratorium that had been in place on evictions, foreclosures, and certain debt collection activities.
BASE ACQUIRES MERCHANT ACCOUNTS FROM LUCENTPAY
- Payment technology and processing leader Base has acquired the merchant accounts of LucentPay, a full-service payment processor and merchant services provider. The move underscores Base’s focus on leveraging both organic expansion and acquisitions to drive rapid growth.
WORTH NOTING: Rating the health risks of popular summer activities … Looking ahead to today’s launch of two astronauts to the International Space Station. More details about the astronauts. How to watch the launch this afternoon … What you need to know before you step foot on a plane … Millennials are the unluckiest generation in history … How companies are adapting to new consumer habits created by the pandemic … For people in need of a cheap laptop … A lot of workers who have been laid off are making more money now than they did while they were working … Looking forward to this, if it happens.
Why working from home is tough
The rise and fall of the USPS
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.
JUDGE GRANTS MTD IN FDCPA CLASS ACTION OVER ALLEGED LEGAL THREAT IN COLLECTION LETTER
- A District Court judge in New York has granted a defendant’s motion to dismiss a class-action after it was sued for violating the Fair Debt Collection Practices Act by allegedly threatening that legal action was imminent if a payment was not made and because the alleged threat overshadowed the validation notice.
BANK, CONSUMER GROUPS ENDORSE BILL PROTECTING STIMULUS FUNDS FROM GARNISHMENT
- A group of 12 organizations, including those representing financial institutions and consumer advocacy groups, yesterday issued a joint statement supporting legislation that has been introduced in the Senate to protect stimulus funds received under the CARES Act from garnishments.
JUDGE GRANTS MSJ FOR PLAINTIFF IN FDCPA CASE OVER POST-JUDGMENT INTEREST RATE
- A District Court judge in Connecticut has granted summary judgment in favor of a plaintiff who filed a Fair Debt Collection Practices Act suit because a judgment holder applied the highest post-judgment interest rate allowed by state law, even though the order did not specify the interest rate that could be applied.
IOWA REMOVES MORATORIUM ON COLLECTION ACTIVITIES THAT HAD BEEN PROHIBITED
- In yet another sign that states are easing their restrictions and beginning to re-open after having been closed for more than two months, the governor of Iowa announced yesterday that she will not extend a moratorium that had been in place on evictions, foreclosures, and certain debt collection activities.
BASE ACQUIRES MERCHANT ACCOUNTS FROM LUCENTPAY
- Payment technology and processing leader Base has acquired the merchant accounts of LucentPay, a full-service payment processor and merchant services provider. The move underscores Base’s focus on leveraging both organic expansion and acquisitions to drive rapid growth.
WORTH NOTING: Rating the health risks of popular summer activities … Looking ahead to today’s launch of two astronauts to the International Space Station. More details about the astronauts. How to watch the launch this afternoon … What you need to know before you step foot on a plane … Millennials are the unluckiest generation in history … How companies are adapting to new consumer habits created by the pandemic … For people in need of a cheap laptop … A lot of workers who have been laid off are making more money now than they did while they were working … Looking forward to this, if it happens.
Why working from home is tough
The rise and fall of the USPS
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.
