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Home Daily Digest

Daily Digest – March 20. Appeals Court Upholds Ruling in CFPB Debt Collection Case; Virginia Appeals Court Grants En Banc Rehearing in Debt Buying Case

mikegibb by mikegibb
March 20, 2024
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Appeals Court Upholds Ruling in CFPB Debt Collection Case

  • The Court of Appeals for the Third Circuit yesterday affirmed that trusts are covered persons and subject to the provisions of the Consumer Financial Protection Act and that the Consumer Financial Protection Bureau did not have to ratify this action before the statute of limitations expired in an interlocutory appeal.
  • More details here

Virginia Appeals Court Grants En Banc Rehearing in Debt Buying Case

  • The Court of Appeals of Virginia yesterday granted a petition for an en banc rehearing in the case it ruled on last month that overturned a lower court’s decision in favor of a debt buyer, ruling that the debt buyer had “scanty and incomplete” evidence to prove it owned the debt and thus had a right to collect on it, and has ordered the lower court to enter a judgment indicating the plaintiff does not owe the debt.
  • More details here

Appeals Court Dismisses Hunstein Copycat for Lack of Standing

  • The Court of Appeals for the Third Circuit has ruled the plaintiff in a Hunstein Fair Debt Collection Practices Act case does not have standing to sue and has vacated a lower court’s dismissal of the case for a different reason and remanded the case back to state court in New Jersey where it was originally filed.
  • More details here

25 Companies Seeking Collection Talent

  • Check out who is hiring, how much they are paying, and how they are attracting talent in this week’s Job Listings summary. More than two dozen industry jobs are included in this week’s summary, including three from one company alone.
  • More details here

WORTH NOTING: Today is International Day of Happiness, so photographers were asked if pictures can make us happy … The 10 happiest cities in America … For the first time in a decade, the average credit score for Americans has fallen … The states where workers are most likely to resign … Intermittent fasting has been flagged as a serious health risk by the American Heart Association … The highest-paid coaches in the men’s and women’s March Madness tournaments … How you see these sneakers says a lot about your brain … Don’t tell America, but the babysitter is dead.

Cool facts to make you a trivia night superstar

Trailer Tuesday, on a Wednesday

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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