N.Y. GOVERNOR SIGNS DEBT COLLECTION BILL INTO LAW
- The Governor of New York yesterday signed a trio of consumer protection bills into law, including a debt collection bill called the Consumer Credit Fairness Act that lowers the statute of limitations, increases the amount of information needed when filing collection lawsuits, and institute specific requirements when seeking default judgments.
HEADACHE NOT ENOUGH FOR PLAINTIFF TO HAVE STANDING TO PROCEED WITH FDCPA SUIT
- A District Court judge in Indiana has dismissed a Fair Debt Collection Practices Act case, ruling that headaches, sadness, fear, and anxiety are not enough for the plaintiff to have standing to sue in federal court.
CFPB SEEKS COMMENTS ON INQUIRY INTO TECH ‘GIANTS’ PAYMENT PLATFORMS
- After announcing last month that it was going to investigate how big tech giants like Google and Apple use the payment information they collect from consumers, the Consumer Financial Protection Bureau has opened a comment period allowing anyone to submit their thoughts, opinions, and questions to inform the regulator’s inquiry.
JUDGE GRANTS MTD IN FCRA CASE OVER CHARGED OFF DEBT
- If an unpaid debt is charged off, should it be removed from an individual’s credit report? While a plaintiff believed it should, a District Court judge in Oregon thought differently, and has dismissed a Fair Credit Reporting Act case against a pair of defendants.
WORTH NOTING: People are upset because Big Bird got a COVID-19 vaccine … Tired of the “Elf on the Shelf”? A judge is coming to your rescue … The most disliked side dishes at Thanksgiving are … If you think your eating habits are keeping you from being rich, see what billionaires snack on … More people are cutting back on food to pay for their healthcare … Add Macy’s to the list of places who are now offering $15 an hour … How much life insurance do you need? … How much more likely you are to end up in the ICU or die if you are not vaccinated against COVID-19 … Why you should go to bed at 10pm.
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