ILL. STATE COURT JUDGE ISSUES RULING ON MERITS IN GRANTING MJOP FOR DEFENDANT IN HUNSTEIN CLASS ACTION
- In a case that was defended by David Schultz and Justin Penn of Hinshaw & Culbertson, a state court judge in Illinois has granted a defendant’s motion for judgment on the pleadings in a Fair Debt Collection Practices Act Hunstein class-action case, ruling that the communication between the defendants and their letter vendor were not an attempt to collect a debt and thus not within the purpose of the statute. Getting a ruling on the merits in this type of case has been exceedingly difficult for the ARM industry.
- More details here.
BIDEN NOMINATES TWO REPUBLICANS TO FILL VACANCIES ATOP FTC
- President Joe Biden on Monday nominated two Republicans to serve on the Federal Trade Commission (FTC), one of the two regulators charged with enforcing the Fair Debt Collection Practices Act. The two Republicans — Virginia Solicitor General Andrew Ferguson and Utah Solicitor General Melissa Holyoak — would fill the two open vacancies on the five-member commission at the FTC.
- More details here.
EMBARRASSED CONSUMERS KEEP DEBTS SECRET FROM PARTNERS
- A growing number of Americans are keeping financial secrets from their loved ones, according to NerdWallet’s annual consumer credit card report. The report reveals that approximately a third of Americans with credit card debt (33%) keep their debt amounts secret, possibly due to the stigma surrounding such financial liabilities. In fact, a related NerdWallet survey found that 40% of Americans consider having credit card debt to be embarrassing.
- More details here.
23 COMPANIES SEEKING COLLECTION TALENT
- Curious who is looking for a Director of Collections? Wonder what bank is looking for a Chief Compliance Officer? GC Services, One Mnet Health, and General Electric Credit Union are looking for collection-related positions to fill – find out which ones in the AccountsRecovery.net weekly job summary listing.
- More details here.
WORTH NOTHING: Where Boris Becker hid his horses to keep them away from debt collectors … One-third of Americans don’t know how to spell this word, which had some meaning yesterday … Why tipping is getting so out of control … This will make you strip your beds and wash your sheets … The career behavior that may be holding you back … How to get your colleagues to do your bragging for you … This is something I don’t know if I will ever be able to wrap my head around … What to buy, and what to avoid, on Amazon Prime Day.
Trailer Tuesday on a Wednesday, part I
Trailer Tuesday on a Wednesday, part II
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