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Home Daily Digest

Daily Digest – August 12. Judge Grants MTD in FDCPA Case Over Collection Letter; CFPB’s Case Against Collection Law Firm Stayed

mikegibb by mikegibb
August 12, 2020
in Daily Digest
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JUDGE GRANTS MTD IN FDCPA CASE OVER COLLECTION LETTER

  • A District Court judge in New York has granted a defendant’s motion to dismiss after it was sued for multiple alleged violations of the Fair Debt Collection Practices Act based on a letter that was sent to the plaintiff, including claiming that the letter did not adequately identify the creditor to whom the debt was owed, did not adequately identify the address to which disputes must be sent, and that the validation notice was overshadowed because of the letter’s format.

JUDGE STAYS CFPB’S CASE AGAINST COLLECTION LAW FIRM PENDING SUPREME COURT RULING

  • A District Court judge handling a lawsuit filed by the Consumer Financial Protection Bureau against a collection law firm for allegedly violating the Fair Debt Collection Practices Act has decided to stay the case until after the Supreme Court issues a ruling in a case challenging the constitutionality of a federal agency being run by a single director.

STUDENT LOAN DEBT A MAJOR FACTOR IN RACIAL WEALTH INEQUALITY: REPORT

  • Individuals with student loans who are living in neighborhoods that are primarily made up of Black and Latinos are twice as likely to have their debt in collections as those living in neighborhoods that are primarily made up of white individuals, according to research that has been published by the New York City Department of Consumer and Worker Protection.

TEAM FFAM360 PARTICIPATES IN THE VIRTUAL ONE TEAM ATL 5K

  • The FFAM360 Alliance of Companies, with the support of its executive leadership and countless valued employees, took part in the One Team ATL 5k, a virtual race to raise money for social justice education.

WORTH NOTING: Takeaways from the Biden-Harris presidential ticket … Taco Bell is testing a chicken wing on its menu … Hollywood’s top-paid actors … Questions you should ask every job candidate who will be working remotely … Fans of gaiters may not want to click on this and read the results of a study … How to make remote learning work for your children … College football is in chaos right now … Not sure I like this idea … Things you’re doing on Zoom that are hurting your leadership presence.

Common mask problems and how to solve them

How to read facial expressions

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 CASE OVER COLLECTION LETTER

  • A District Court judge in New York has granted a defendant’s motion to dismiss after it was sued for multiple alleged violations of the Fair Debt Collection Practices Act based on a letter that was sent to the plaintiff, including claiming that the letter did not adequately identify the creditor to whom the debt was owed, did not adequately identify the address to which disputes must be sent, and that the validation notice was overshadowed because of the letter’s format.

JUDGE STAYS CFPB’S CASE AGAINST COLLECTION LAW FIRM PENDING SUPREME COURT RULING

  • A District Court judge handling a lawsuit filed by the Consumer Financial Protection Bureau against a collection law firm for allegedly violating the Fair Debt Collection Practices Act has decided to stay the case until after the Supreme Court issues a ruling in a case challenging the constitutionality of a federal agency being run by a single director.

STUDENT LOAN DEBT A MAJOR FACTOR IN RACIAL WEALTH INEQUALITY: REPORT

  • Individuals with student loans who are living in neighborhoods that are primarily made up of Black and Latinos are twice as likely to have their debt in collections as those living in neighborhoods that are primarily made up of white individuals, according to research that has been published by the New York City Department of Consumer and Worker Protection.

TEAM FFAM360 PARTICIPATES IN THE VIRTUAL ONE TEAM ATL 5K

  • The FFAM360 Alliance of Companies, with the support of its executive leadership and countless valued employees, took part in the One Team ATL 5k, a virtual race to raise money for social justice education.

WORTH NOTING: Takeaways from the Biden-Harris presidential ticket … Taco Bell is testing a chicken wing on its menu … Hollywood’s top-paid actors … Questions you should ask every job candidate who will be working remotely … Fans of gaiters may not want to click on this and read the results of a study … How to make remote learning work for your children … College football is in chaos right now … Not sure I like this idea … Things you’re doing on Zoom that are hurting your leadership presence.

Common mask problems and how to solve them

How to read facial expressions

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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