Collector Facing FDCPA Class Action Over Alleged Itemization Table Math Discrepancy
- A collector is facing a Fair Debt Collection Practices Act class-action lawsuit because of issues with the itemization table in the Model Validation Notice, because the figures in the table do not appear to add up. The suit was originally filed in New Jersey state court and then subsequently removed to federal court by the defendant.
- More details here
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Summarizing Comments Submitted to CFPB’s Medical Debt Credit Reporting Proposal
- The comments period regarding the Consumer Financial Protection Bureau’s proposed rule that would prohibit creditors from using medical debts when determining whether a consumer is eligible for credit closed yesterday. To provide insight into the tone of the comments being filed, AccountsRecovery.net is sharing some of those comments here. To date, 1,008 comments have been filed and are available to be viewed. Here is a summary of some of the complaints that have been submitted.
- More details here
Judge Dismisses Remaining FDCPA Claim in BK Case
- A District Court judge in Illinois has dismissed the remaining claim in a Fair Debt Collection Practices Act case against a defendant, citing a lack of subject matter jurisdiction because the plaintiff lacked standing to sue. The plaintiff, who initially alleged multiple violations of the bankruptcy provisions of the FDCPA, saw her case gradually dismantled until only the FDCPA claim remained. The court’s final ruling marked the end of the plaintiff’s legal battle, leaving the FDCPA claim dismissed without prejudice.
- More details here
Credit Card Balances Keep Rising, While More Consumers Making Just Minimum Payments
- In what is a recipe for problems, the average credit card balance for consumers continues to trend upward while the number of consumers making more than the minimum payment on their card balances every month is going in the opposite direction, according to data released last week by TransUnion.
- More details here
WORTH NOTING: Ideas and suggestions to help calm back-to-school nerves … Consumers across the country are running out of disposable income … Assessing the health benefits for different kinds and colors of apples … What you buy at the grocery store may say a lot about your creditworthiness … If you have been waiting for Dairy Queen to announce its Fall Blizzard menu, wait no more … If at first you don’t succeed, try, try again … Things you should do at work to get ahead, instead of showing up early and staying late … Signs from a psychologist that a marriage is heading for divorce.
Trailer Tuesday, part I
Trailer Tuesday, part II
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