COLLECTOR FACING FDCPA SUIT FOR ALLEGEDLY NOT CREDITING ACCOUNT
- A collector is facing a Fair Debt Collection Practices Act lawsuit for allegedly accepting the first in a series of payments to settle a student loan debt, only to later tell the plaintiff that the payment of $4,800 was not able to be credited to the account, and that the full amount of the settlement was still due.
- More details here.
- This series is sponsored by WebRecon
DFPI FINES THREE COLLECTION OPERATIONS $85K IN SEPARATE ENFORCEMENT ACTIONS
- The California Department of Financial Protection and Innovation yesterday announced three enforcement actions against different debt collection operations, for attempting to collect in the state without having or applying for a license and also making false or misleading representations when attempting to collect on a debt i n violation of the Fair Debt Collection Practices Act and the Rosenthal Fair Debt Collection Practices Act.
- More details here.
APPEALS COURT RULES ONE RVM ENOUGH FOR PLAINTIFF TO HAVE STANDING TO SUE
- An opinion out of the Court of Appeals for the Sixth Circuit that was issued last week started making the rounds last night because it addresses the issue of standing, albeit related to the Telephone Consumer Protection Act. The Court reversed a District Court ruling by determining that the receipt of a single ringless voicemail message is enough of a concrete injury for the plaintiff to have standing to sue in federal court.
- More details here.
PARENT OF LEXINGTON LAW, CREDITREPAIR.COM FILES FOR BK PROTECTION
- Facing the possibility of a $3 billion claim from the Consumer Financial Protection Bureau, the parent company of Lexington Law and CreditRepair.com filed for Chapter 11 bankruptcy protection yesterday.
- More details here.
ATRADIUS COLLECTIONS EXPANDS GLOBAL PRESENCE WITH ACQUISITION OF PRO KOLEKT GROUP
- Atradius Collections has acquired Pro Kolekt group and expanded its presence to 40 countries in line with their mission to support their customers growth, wherever they trade in the world, by delivering local expertise in receivables management.
- More details here.
WORTH NOTHING: If you still have questions about the series finale of “Succession” here are some answers … A quick and easy way to make it look like you have the greenest of thumbs … Four habits that are likely killing your confidence … What happens when a deal on “Shark Tank” goes south … I happened to be in an Apple Store yesterday when this was announced and even the employees were stunned at how much it’s going to cost … If you swear in your text messages, this is good news for you … The parents of a 14-year-old who has graduated from college share their top advice … Fans of Cheez-Its, this rest stop is for you.
Trailer Tuesday, part I
Trailer Tuesday, part II
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