Judge Dismisses FDCPA Class-Action for Lack of Standing
- A debt collection letter, sent to the plaintiff’s girlfriend. Letters that allegedly did not include the proper disclosures. And a District Court judge from New York who dismissed the class-action complaint because the plaintiff failed to allege that he suffered a concrete injury.
- More details here
Conn. Gov. Pledges To Buy and Forgive $650M in Medical Debt
- The governor of Connecticut has announced a plan to cancel $650 million in medical debt for as many as 250,000 residents of The Nutmeg State, which would make it the first state to offer this type of relief. While Connecticut may be the first state to actually go through with the process of canceling medical debts for its residents, it would join a number of local governments that have already done so, and likely will be followed by other states that pledge to use economic relief funds from the COVID-19 pandemic to purchase and forgive the debts.
- More details here
Lawmakers Ask CFPB to Reopen Tech Payment Comment Period
- A trio of Republicans from the House Financial Services Committee sent a letter to Rohit Copra, the director of the Consumer Financial Protection Bureau, asking for the Bureau to revisit a number of aspects of its proposed rule that would give it the power to regulate a handful of tech companies what manage and facilitate millions of transactions per year. There isn’t sufficient justification for the rule, and it creates uncertainty whether it would apply to third-party service providers or not, according to the lawmakers.
- More details here.
Compliance Digest – February 5
- Every week, there are new compliance developments that occur — new laws or bills, new case law, new enforcement actions. The Compliance Digest is the only spot that offers you insights into all of these developments, with context and perspective from leading experts across the industry. This week, check out comments from Brit Suttell, Helen Mac Murray, Brent Yarborough, Xerxes Martin, David Shaver, Jay TIllman and Stefanie Jackman.
- More details here
- This series is sponsored by Bedard Law Group
WORTH NOTING: Ten takeaways from last night’s Grammy Awards … If you’re on the hunt for a new look, why not try mob-wife? … The best ways to communicate and save your career … The best way to run a business meeting … Shamrock Shake fans rejoice! It’s back on the menu, starting today … Why buying tickets to anything has become so unaffordable … If you haven’t done so already, why you should be asking for a stay interview with your boss. … How national parks are turning bad reviews into goldmines.
Music Monday, part I
Music Monday, part II
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