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Home Daily Digest

Daily Digest – February 16. Judge Grants MTD in Hunstein Copycat Class Action; CFPB Issues Compliance Bulletin

mikegibb by mikegibb
February 16, 2022
in Daily Digest
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JUDGE GRANTS MTD IN HUNSTEIN CLASS ACTION FOR LACK OF STANDING

  • In a case that illustrates the importance of judicial selection, a District Court judge in Pennsylvania has granted a defendant’s motion to dismiss a Hunstein copycat case, ruling the plaintiff lacks standing to sue. The dismissal is in the same district in which a different judge last week denied a defendant’s motion for judgment on the pleadings — pretty much the same as filing a motion to dismiss — in a case that made almost exactly the same arguments.

ED. DEPT. WILL NOT USE TAX REFUNDS, SOCIAL SECURITY TO COLLECT ON DEFAULTED STUDENT LOANS UNTIL NOVEMBER

  • The Department of Education has announced it will suspend the seizure of tax refunds, Social Security payments, and other government payments to collect on defaulted student loans through November. The announcement comes a week after the Education Department said it would not seize child tax credit payments sent to individuals to cover unpaid student loan debts as well.

24 COMPANIES SEEKING COLLECTION TALENT

  • Click here to see a sampling of job listings in the accounts receivable management industry that have been posted recently. The listings offer insight into who is hiring, what they are offering, and opens doors to potential new opportunities.

CFPB CONTINUES PUSH AGAINST ‘UNAVOIDABLE’ FEES, ISSUES COMPLIANCE BULLETIN

  • As part of its crackdown on what it calls “junk” fees, the Consumer Financial Protection Bureau yesterday issued a compliance bulletin to companies that distribute government payments to consumers via debit cards, making sure they are not running afoul of the Electronic Funds Transfer Act (EFTA) by not forcing consumers to receive benefits at a specific institution and ensuring consumers have choices.

WORTH NOTING: More and more companies are relaxing their mask mandates … Tony Robbins on why you have to do more than just think positively … For those who have always wanted a doughnut with as much caffeine as a cup of coffee … How to promote yourself on social media without bragging … JPMorgan has become the first bank to enter the metaverse … Why your Wordle answer might not match your family or friends … Why people from out-of-town are beating you when bidding on houses … Are air fryers living up to the hype?

How identity verification is transforming financial services

Another reason for you to try to get more sleep

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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