JUDGE REMANDS FDCPA CASE BACK TO STATE COURT
- A Magistrate Court judge in New York has ruled that a defendant in a Fair Debt Collection Practices Act case failed to show that the plaintiff suffered a concrete injury after removing the case to federal court, and has remanded the case back to state court where it was originally filed.
- More details here.
CFPB DENIES PETITION TO SET ASIDE CID FROM PAYDAY LENDER
- The Consumer Financial Protection Bureau has denied a petition from a regional payday lending company that sought to set aside a Civil Investigative Demand, ruling that its request was not overly broad and does not impose an undue burden, while also claiming the company failed to “meaningfully engage” in the meet-and-confer process because it was not negotiating in good faith.
- More details here.
PLAINTIFFS IN SEVEN CLASS ACTIONS AGAINST BREACHED AGENCY SEEK TO CONSOLIDATE CASES
- Consumers in seven different class actions filed against a collection agency that suffered a data breach have filed a motion to consolidate their lawsuits into one, which would put eight different law firms in charge of representing the plaintiffs.
- More details here.
GROUP PETITIONS CFPB FOR FCRA RULEMAKING ON MEDICAL DEBT
- A petition has been filed by a health advocacy organization asking the Consumer Financial Protection Bureau to begin a rulemaking under the Fair Credit Reporting Act that would prohibit the reporting of medical debt on credit reports if the debt was incurred for medically necessary services.
- More details here.
EXPERTS SHARE CONTEXT ON CASES IMPACTING ARM INDUSTRY
- Industry experts Jessica Klander, Ethan Ostroff, Mindy Chumbley, Joann Needleman, David Shaver, Stacy Rodriguez, Heath Morgan, and Monica Littman provide their perspectives and analysis of the legal and compliance trends shaping the ARM industry.
- More details here.
- This series is sponsored by Bedard Law Group
WORTH NOTHING: The curtain fell last night on the longest-running production in Broadway history … If you are going to scam someone out of $3 million, maybe stay away from Holocaust victims … A large number of vacancies is causing rent rates to drop nationwide … Will you lose your job to artificial intelligence and ChatGPT? … Changing your life only takes 9.6 minutes per day … Forcing employees back to the office is not doing much for employee morale … Everything you need to know as a first-time homebuyer … What are they going to do with $200,000 in dimes?
Music Monday, part I
Music Monday, part II
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