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Home Daily Digest

Daily Digest – July 26. Judge Dismisses 6 Hunstein Cases; Appeals Court Overturns $59M Penalty in CFPB Suit

mikegibb by mikegibb
July 26, 2021
in Daily Digest
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JUDGE DISMISSES SIX HUNSTEIN CASES FOR LACK OF STANDING

  • In one fell swoop on Friday, a District Court judge in New York dismissed six Hunstein cases for lack of standing, ruling that a recent Supreme Court decision “casts significant doubt on the continued viability of Hunstein” cases, but giving the plaintiffs time to amend their complaints, either in federal or state court.

APPEALS COURT OVERTURNS $59M PENALTY AGAINST ATTORNEYS IN CFPB SUIT

  • The Seventh Circuit Court of Appeals on Friday overturned a $59 million award issued against a pair of law firms and four attorneys that were accused by the Consumer Financial Protection Bureau of improperly engaging in the practice of law and collecting advance fees from homeowners in exchange for debt relief services that were not provided.

JUDGE GRANTS MSJ FOR PLAINTIFF IN FDCPA CASE OVER MIS-STATED DEBT IN LETTER

  • A District Court judge in New York has granted a plaintiff’s motion for summary judgment in a Fair Debt Collection Practices Act case, but awarded the plaintiff only $500 in damages because of mitigating circumstances, after the defendant was accused of overstating the amount that was owed.

READ EXPERT PERSPECTIVES ON TRENDING COMPLIANCE TOPICS

  • Click here to read this week’s Compliance Digest. You’ll get insights and opinions from eight different compliance experts — Caren Enloe, Stacy Rodriguez, Stefanie Jackman, Leslie Bender, Brent Yarborough, Rick Perr, John Redding, and Jessica Klander — discussing the impact of recent court cases and legislative updates. You’re not going to get that kind of varied perspective anywhere else. The Compliance Digest is sponsored by The Bedard Law Group.

NATIONAL DEBT HOLDINGS DONATES TO SUPPORT SURFISDE FUND

  • National Debt Holdings, a receivables management firm in Fort Lauderdale, FL, extends its heartfelt condolences and sympathies to those impacted by the recent tragedy in Surfside, FL. We would like to offer our support and have recently contributed to SupportSurfside.org to provide aid to those impacted. We invite our industry peers and colleagues to consider joining us in doing the same.

WORTH NOTING: RIP to one of my father-in-law’s favorite comedians … Does McDonald’s give free refills on french fries? … Like I needed another reason to want to move out of New Jersey … Stare at a screen for too long and you can get something called cybersickness … How to get free school supplies and why you shouldn’t wait to start shopping … You’re not getting bigger. Packages are getting smaller … How to share your WI-Fi password … Are you drinking the cocktail of 2021?

Personal finance mistakes to avoid

Music Monday

The Daily Digest is sponsored by TCN. Today, contact centers need to do more with less. TCN’s cloud-based predictive dialing tools and services help clients to leverage the most sophisticated inbound, outbound, and blended calling technologies available. TCN’s award-winning platform offers multiple features to assist in compliance while improving performance with no hardware, no monthly minimums, or maintenance fees. Call 866-745-1900 or visit tcn.com today.

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