JUDGE DENIES MOTION FOR RECONSIDERATION IN FDCPA CASE
- A District Court judge in Pennsylvania has denied a defendant’s motion for reconsideration on the grounds that the plaintiffs in a Fair Debt Collection Practices Act lacked standing, affirming a summary judgment ruling that had previously been awarded in favor of the plaintiffs, ruling that the plaintiff’s decision not to act after receiving a collection letter because she was unsure of how much to pay is sufficient grounds to have standing to sue in federal court.
BILL INTRODUCED IN HOUSE TO ALLOW CROS TO DISPUTE DEBTS DIRECTLY WITH FURNISHERS
- A bill has been introduced in the House of Representatives that would allow credit repair organizations to file direct disputes with furnishers on behalf of consumers, and require furnishers to respond directly to credit repair organizations with the results of a dispute investigation.
CARRYING DEBT NEGATIVELY IMPACTS HEALTH OF OLDER AMERICANS: REPORT
- Researchers have identified a connection between the amount of unsecured debt being carried by older Americans and an increased variety of health problems, including being more likely to be diagnosed with cancer or heart disease and even an impaired ability to handle regular activities like bathing a dressing, according to a published report.
LAWSUIT ACCUSES COLLECTOR OF TRYING TO COLLECT INFLATED AMOUNT, NOT INCLUDING ITEMIZATION INFO IN LETTER
- A complaint has been filed accusing a collection agency of violating the Fair Debt Collection Practices Act and Regulation F because it apparently did not use a Model Validation Notice and allegedly did not provide the itemization information required when it sent its first written communication attempting to collect on a debt.
WORTH NOTING: A real-life Lassie is being hailed as a hero for saving his owner … Would it surprise you to learn that teenagers are “clueless” about investing? … Showing up fashionably is not as cool as showing up on time anymore … The biggest do’s and don’ts of video conferencing when working remotely … The world’s largest four-day workweek trial has begun in Great Britain … People using iPhones will soon be able to edit and unsend text messages … Higher interest rates and rising prices have created a housing affordability crisis in America … The five books Bill Gates wants you to read this summer.
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