Collector Sued for Withdrawing Funds Without Consent
- A collector has been accused of violating the Fair Debt Collection Practices Act and the Electronic Funds Transfer Act for automatically withdrawing funds to satisfy a student loan, despite the plaintiff never attending any classes or logging in to see them online.
- More details here
- This series is sponsored by WebRecon
Judge Grants MSJ for Defendant in FDCPA Jurisdiction Case
- A District Court judge in Kentucky has granted a defendant’s motion for summary judgment in an “inside baseball” type of case involving the plaintiff moving from one state to another and then the judge having to determine which state’s statute of limitations applied when the defendant filed a collection lawsuit to recover the unpaid debt.
- More details here
New Filing Seeks to Settle Collector Data Breach Case for $2.45M
- Having addressed the deficiencies raised by the judge, the plaintiff’s in a data breach class-action against a collection operation have filed a renewed motion for approval of a settlement that will see the collector pay $2.45 million to settle the claims against it.
- More details here.
Older Consumers More Financially Literate: Survey
- The financial landscape has undergone a digital metamorphosis, placing consumer financial literacy at the forefront of effective debt collection strategies. Based on a recent Capital One Insights Center study, debt collectors can use the data to better understand consumer behavior and tendencies in this evolving environment.
- More details here
WORTH NOTING: The best places to buy glasses online … How successful couples resolve their conflicts … Try these desserts for Valentine’s Day if you are looking to get away from giving someone a box of chocolates … How Americans are planning to spend their income tax refunds … Getting dumped via text message now entitles you to six free DUMPlings from P.F. Chang’s … If you want to keep your younger employees happy, here are the two things they want … Busting myths about your joints … A salary negotiation trick that works every time.
Trailer Tuesday, part I
Trailer Tuesday, part II
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