Collector Facing FDCPA Class Action for Not Honoring Terms of Settlement
- A collector is facing a class-action Fair Debt Collection Practices Act lawsuit for a number of violations, including not sending a validation notice in a timely manner, for indicating it would cease collection efforts on the debt but not doing so, and for communicating with the plaintiff when it knew she was represented by an attorney.
- More details here
- This series is sponsored by WebRecon
Judge Reduces Plaintiff’s Attorney Fee Award by 60% in FDCPA Case
- A District Court judge in Minnesota has awarded the attorney representing a pair of plaintiffs in a Fair Debt Collection Practices Act case $12,000 in fees, which was nearly 60% less than what the attorney was seeking.
- More details here
Medical Debt Bills in Maine Target Credit Cards, Debt Buying
- A pair of bills were introduced in the Maine legislature yesterday that both tackle the topic of medical debt. One would limit how medical debt credit cards are promoted and used and the other would give consumers the chance to buy their medical debts from a provider before they are sold to someone else.
- More details here.
Less than Half of Consumers can Afford $1,000 Emergency Expense: Survey
- While the number of consumers who can afford to pay a $1,000 emergency expense has remained largely unchanged for the past three years, the percentage of consumers who are putting less away for a rainy day is on the rise, largely due to inflation, according to data released this week by Bankrate.
- More details here
WORTH NOTING: A good news story for Friday — the smallest infant to survive being born in a hospital is heading home after four months … A lot of young adults say they are obsessed with this … Why you should write things down instead of typing them … There were a record number of data breaches last year. Here are some tips to help protect yourself … A lot of parents are still giving money to their adult children … Your pet may be saving you from dementia … Professional photographers share 20 tips to help make your pictures better … Why you should be thinking about your email signature.
Funny Friday, part I
Funny Friday, part II
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