Collector Facing FDCPA Suit Over Voicemails
- Voicemails. They can be a legal minefield for collectors. Especially those that choose to say something other than Foti, Zortman, or the Limited Content Message. Straying from those has led one collection operation to face a Fair Debt Collection Practices Act suit for making the collection efforts of the defendant seem “more serious than mere debt collection.”
- More details here
- This series is sponsored by WebRecon.
Judge Denies MTD in FDCPA Case Over Creditor Name, Dispute Disclosure
- A District Court judge in Puerto Rico has denied a defendant’s motion to dismiss after it was sued because a collection agency it acquired sent a collection letter to the plaintiff that used some form of gobbledygook to identify the creditor to whom a debt was owed in a collection letter.
- More details here.
Warren Warns Future of CFPB, Other Regulators is at Stake Before Supreme Court
- If the Consumer Financial Protection Bureau is going down next week following its day before the Supreme Court, then the person most associated with the formation of the Bureau is going down swinging. Sen. Elizabeth Warren [D-Mass.], who helped create the CFPB following the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act in 2008, gave a keynote speech yesterday before a consumer advocacy organization, painting a picture of what could happen if the Supreme Court rules against the Bureau
- More details here.
Ed. Dept. Announces New Rules to Protect Consumers from ‘Unaffordable’ Debt
- The Biden-Harris Administration this week released final regulations that seek to protect individuals with student loans against unaffordable debt and insufficient earnings. The regulations are made up of two principal components — the Gainful Employment (GE) rule and the Financial Value Transparency (FVT) framework — both of which will significantly influence the debt collection market.
- More details here.
WORTH NOTING: What will stay open and what will close if the government shuts down tomorrow … Experts issued a warning about the new update to ChatGPT … The Kevin James meme that is taking over the Internet … The best cities in America to celebrate Oktoberfest … How much the FTC’s lawsuit against Amazon cost Jeff Bezos … How one Virginia man won the lottery 24 times in a row … Things that drivers for Uber and Lyft wished that passengers knew … The best way to exercise for every decade of your life.
Funny Friday, part I
Funny Friday, part II
The Daily Digest is sponsored by TCN. Today, contact centers need to do more with less. TCN’s cloud-based predictive dialing tools and services help clients to leverage the most sophisticated inbound, outbound, and blended calling technologies available. TCN’s award-winning platform offers multiple features to assist in compliance while improving performance with no hardware, no monthly minimums, or maintenance fees. Call 866-745-1900 or visit tcn.com today.
