JUDGE GRANTS MTD IN FDCPA CASE OVER BALANCE DISCREPANCY IN LETTER
- Who gets a collection letter saying that you now owe less than what you originally did and chooses to file a lawsuit claiming the discrepancy was too misleading and confusing? While the District Court judge didn’t get to address that issue, she did grant the defendant’s motion to dismiss on the grounds the plaintiff lacked standing to sue.
- More details here.
CFPB PUBLISHES REPORT SPOTLIGHTING ISSUES FOR OLDER AMERICANS WITH MEDICAL DEBT
- The medical billing and collection system “devotes insufficient resources to preventing, identifying, and correcting errors,” and the issues are especially acute for older consumers, who face a more complex billing system than their younger counterparts, and are being billed for amounts they do not owe, according to a report released yesterday by the Consumer Financial Protection Bureau.
- More details here.
JUDGE APPROVES $500K SETTLEMENT IN FDCPA CLASS-ACTION
- A District Court judge in Ohio has approved a settlement in a Fair Debt Collection Practices Act class-action lawsuit that will see the defendant pay $500,000 in fees and costs after it was accused of pursuing collection activity against individuals who had participated in a separate settlement of an FDCPA case in which the defendant agreed to refrain from undertaking certain collection activities against the members of the class.
- More details here.
22 COMPANIES SEEKING COLLECTION TALENT
- The grass is always greener on the other side, right? There’s no harm in looking? My job sucks. Pick whatever saying works best for you and click the link below to see who is hiring a Vendor Manager, a Vice President of Information Technology, a Regulatory Compliance Manager, and a Litigation Manager.
- More details here.
WORTH NOTHING: There is a specific reason why people pay for certain things with cash, according to a new study … Secrets of the National Spelling Bee … What happens when your lawyer uses ChatGPT (spoiler alert: it’s not good) … Why our allergies are getting worse and what we can do about it … Artificial intelligence poses “risk of extinction” to humans … Experts have figured out the books that are being used to train ChatGPT … The best apps to help you stick to your budget … $100,000 doesn’t go as far as it used to.
Why young Americans are avoiding their finances
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