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Home Daily Digest

Daily Digest – October 9. Judge Denies MTD, Motion to Strike Class Allegations in Case Over Debt Parking; CFPB Petitions Court to Force Lender That Wants to Wait for Supreme Court Ruling to Comply with CID Now

mikegibb by mikegibb
October 9, 2023
in Daily Digest
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Judge Denies MTD, Motion to Strike Class Allegations in Case Over Debt Parking

  • A District Court judge in Illinois has denied a healthcare provider’s motion to dismiss a claim it violated the Illinois Consumer Fraud and Deceptive Business Practices Act (ICFA) and a collection agency’s motion to strike class allegations it violated the Fair Debt Collection Practices Act in a debt parking case on a medical debt.
  • More details here

Chopra: Current Payments Path Could Lead to ‘China’ Style Surveillance of Consumers

  • Rohit Chopra, the Director of the Consumer Financial Protection Bureau, doesn’t appear to be fazed by last week’s Supreme Court hearing that could alter the future of the agency he helms, and continues to push an aggressive agenda, going as far on Friday as to compare how the lines between payments and commerce are blurring here in the United States and moving closer to a structure like the one that is currently in use in China.
  • More details here.

CFPB Petitions Court to Force Lender That Wants to Wait for Supreme Court Ruling to Comply with CID Now

  • The Consumer Financial Protection Bureau has filed a motion in federal court to compel a company to comply with a Civil Investigative Demand it has received from the Bureau, but the company is seeking to stay the proceedings until after the Supreme Court issues its ruling in CFPB v. Community Financial Services Association.
  • More details here.

Compliance Digest – October 9

  • Case law shapes how debts are collected across the country. So knowing what a result means is incredibly important to help companies make decisions about what to do and what not to do. Check out this week’s Compliance Digest and get perspective from four leading compliance experts — Dale Golden, David Shaver, Brent Yarborough, and Patrick Newman.
  • More details here.
  • This series is sponsored by Bedard Law Group

WORTH NOTING: Diving into the science of cold plunging to see if it’s worth it … McDonald’s is bringing back its famous “Boo Buckets” … Companies that are forcing employees back to the office are seeing much higher levels of attrition than those that aren’t … Working remotely? Get paid $10,000 to move to Tulsa … Better ways to improve your wealth than investing in lottery tickets … How to make an educated guess about how many more years you will live … After years at the top, the New England Patriots now find themselves at the bottom looking up … Digital marketing is an in-demand job that allows you to work remotely and pays well.

Music Monday, part I

Music Monday, 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.

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