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Home Daily Digest

Daily Digest – April 30. Class-Action FDCPA Suit Filed Over Previously Settled Debt; Data Breach at Collection Agency Compromises Info on 2M Consumers

mikegibb by mikegibb
April 30, 2024
in Daily Digest
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Class-Action FDCPA Suit Filed Over Previously Settled Debt

  • A collection operation is facing a Fair Debt Collection Practices Act class-action lawsuit because it allegedly attempted to collect on a debt that had been settled between the plaintiff and the original creditor before the defendant began to make its collection attempts.
  • More details here
  • This series is sponsored by WebRecon

Pa. State Judge Dismisses Hunstein Case for Lack of Standing

  • In a case that was defended by the teams at Martin Golden Lyons Watts Morgan and Lippes Mathias, a state court judge in Pennsylvania has dismissed a Hunstein case on the grounds the plaintiff lacked standing to sue, saying that there “appears to be little difference” between the agency printing and mailing a letter or it using a third party to do so.
  • More details here

CFPB Report Updates Medical Debt Collection Credit Reporting Data Points

  • The Consumer Financial Protection Bureau yesterday published a research report which updates previously released data on the number of consumers who have medical debt collection tradelines on their credit reports. The report professes that 15 million consumers have a medical account in their credit report, but the share of consumers with a medical debt on their credit report has dropped to 5% of those with a credit record as of June 2023, down from 14% in March 2022, when the data was originally released.
  • More details here

Data Breach at Collection Agency Compromises Info on 2M Consumers

  • A Pennsylvania collection operation has suffered a data breach that has compromised the personal information of nearly 2 million individuals, according to a filing the company has made with the Maine Attorney General.
  • More details here

WORTH NOTING: If you are changing addresses in the next little bit, here is the ultimate moving checklist for you to use … How people keep calm and carry on when things go wrong … Experts provide insight into why your computer freezes and how to fix it … A lot of people are worried that they are going to lose their jobs this year … Renting is a better option than buying a home in every major market in the United States … The more you earn, the harder it is to find a job right now … The Fed is starting to become concerned with rising delinquency rates on credit cards and auto loans … A retail giant in the United Kingdom has made all of its job interview questions available ahead of time to keep people from getting nervous.

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