Judge Denies MSJ for Defendant in FDCPA Class-Action Over SOL Disclosure, Call Notification in Letter
- A District Court judge in Pennsylvania has denied a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act class-action lawsuit, ruling the defendant needed to disclose that a partial payment could restart the statute of limitations on a time-barred debt and that a reference to contacting the defendant by phone for further assistance overshadows that disputes must be made in writing.
- More details here
Illinois Medical Debt Credit Reporting Bill Signed into Law
- Illinois Gov. JB Pritzker last week signed two bills into law — one aimed at erasing $1 billion in medical debt and the other prohibiting the inclusion of medical debts on credit reports. The objective of the new laws is to alleviate the financial burden of medical debt on Illinois residents.
- More details here
FTC Halts Student Loan Debt Relief Scheme, Takes First Action Under New Impersonation Rule
- The Federal Trade Commission has taken action against a student loan debt relief scheme that is accused of fraudulently extracting more than $20.3 million from consumers. This marks the first case brought under the FTC’s new Impersonation Rule, which went into effect in April and aims to combat scams involving the impersonation of government agencies and businesses.
- More details here
Compliance Digest – July 8
- Seven experts — Monica Littman, Mike Frost, Dale Golden, Lauren Burnette, Stefanie Jackman, Nabil Foster, and Michael Poncin — share their perspective on the different court rulings and compliance developments impacting the ARM industry. Make sure you know exactly what you need to know when it comes to developments that could be impacting your operation by reading the Compliance Digest.
- More details here
- This series is sponsored by Bedard Law Group
WORTH NOTING: Kids party favors that won’t get thrown out immediately upon arriving home, if they last that long … Some of the largest retailers are trying to convince colleges and universities to offer credit for what employees learn on the job … People are taking relationship cues from penguins these days … A grocery receipt that is going viral … How music has evolved in the last 80 years, according to science … Fun ways to prevent student learning loss while school is out for the summer … Problems with money and finances may be an early sign of dementia .. If you are looking to live abroad cheaply, here is the most affordable country for expats in 2024.
Music Monday, part I
Music Monday, part II
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