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Home Daily Digest

Daily Digest – August 28. FTC Files Suit Against Alleged Scammers; CFPB Denies Petition to Set Aside CID

mikegibb by mikegibb
August 28, 2020
in Daily Digest
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FTC FILES SUITS AGAINST ALLEGED DEBT COLLECTION SCAMMERS

  • A District Court judge in South Carolina has lifted the seal on two complaints filed by the Federal Trade Commission against debt collection operations that are accused of violating the Fair Debt Collection Practices Act by allegedly convincing unsuspecting individuals that lawsuits have been, or will soon be, filed against them if they do not make payments on the debts, which the individuals actually do not owe.

CFPB DENIES PETITION FROM CREDIT REPAIR ORG. TO SET ASIDE CID

  • The Director of the Consumer Financial Protection Bureau has denied a petition from a credit repair organization to set aside a civil investigative demand it received from the Bureau, disagreeing with the premise that the CFPB’s request is unlawful because it could not bring an enforcement action against the company.

JUDGE PARTIALLY GRANTS DEFENDANT’S MOTION FOR JUDGMENT IN FDCPA CLASS ACTION

  • A District Court judge in Texas has partially granted a defendant’s motion for judgment on the pleadings after it was sued for violating the Fair Debt Collection Practices Act in how it attempted to collect on a judgment.

WORTH NOTING: President Trump promised a coronavirus vaccine will be available by the end of the year … A woman in Connecticut caught a fish “this big” and tied a 40-year-old record … I have no idea what it means, but a lot of people are talking about this sign … How to train your brain to beat bad habits … How to create a strong password … How to put together a home toolkit … Mistakes to avoid if you want to move to a state with low taxes … Changing a cashier’s check from $100 to $8.4 million is just greedy.

The hidden costs of healthcare

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. 

FTC FILES SUITS AGAINST ALLEGED DEBT COLLECTION SCAMMERS

  • A District Court judge in South Carolina has lifted the seal on two complaints filed by the Federal Trade Commission against debt collection operations that are accused of violating the Fair Debt Collection Practices Act by allegedly convincing unsuspecting individuals that lawsuits have been, or will soon be, filed against them if they do not make payments on the debts, which the individuals actually do not owe.

CFPB DENIES PETITION FROM CREDIT REPAIR ORG. TO SET ASIDE CID

  • The Director of the Consumer Financial Protection Bureau has denied a petition from a credit repair organization to set aside a civil investigative demand it received from the Bureau, disagreeing with the premise that the CFPB’s request is unlawful because it could not bring an enforcement action against the company.

JUDGE PARTIALLY GRANTS DEFENDANT’S MOTION FOR JUDGMENT IN FDCPA CLASS ACTION

  • A District Court judge in Texas has partially granted a defendant’s motion for judgment on the pleadings after it was sued for violating the Fair Debt Collection Practices Act in how it attempted to collect on a judgment.

WORTH NOTING: President Trump promised a coronavirus vaccine will be available by the end of the year … A woman in Connecticut caught a fish “this big” and tied a 40-year-old record … I have no idea what it means, but a lot of people are talking about this sign … How to train your brain to beat bad habits … How to create a strong password … How to put together a home toolkit … Mistakes to avoid if you want to move to a state with low taxes … Changing a cashier’s check from $100 to $8.4 million is just greedy.

The hidden costs of healthcare

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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