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Home Daily Digest

Daily Digest – October 2. CFPB Issues Guidance Further Cracking Down on Medical Debt Collection; Judge Dismisses FDCPA Class Action For Second Time Due to Lack of Standing

mikegibb by mikegibb
October 2, 2024
in Daily Digest
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CFPB Issues Guidance Further Cracking Down on Medical Debt Collection

  • The Consumer Financial Protection Bureau issued new guidance yesterday regarding unlawful medical debt collection tactics. The advisory opinion clarifies that debt collectors, including third-party revenue cycle management companies, violate federal law when collecting inaccurate or legally invalid medical debts.
  • More details here

Judge Dismisses FDCPA Class Action For Second Time Due to Lack of Standing

  • For the second time, a District Court judge in Illinois has dismissed a Fair Debt Collection Practices Act class-action lawsuit because the plaintiff lacked standing to sue, this time ruling that the plaintiff could not have paid the settlement amount offered by the debt collector or successfully changed the order of other payments.
  • More details here

California Appeals Court Upholds Dismissal of FCRA Suit for Lack of Standing

  • A California Appeals court has affirmed the dismissal of a Fair Credit Reporting Act lawsuit, citing the plaintiff’s lack of standing to sue in state court because she did not suffer a concrete injury when she received a copy of her credit report that was missing some disclosures.
  • More details here

21 Companies Seeking Collection Talent

  • The weekly job listings summary is a great read for people who are curious or just downright nosy. Knowing who is trying to hire and for what positions — and what they are willing to pay — is great research and fodder for water-cooler conversations (do people still have those?). Check out this week’s job listings summary for nearly two dozen different opportunities across the ARM industry.
  • More details here

WORTH NOTING: The start of “Fat Bear” week has been postponed after one bear killed another live on a webcam … If you are into couples Halloween costumes, here are some ideas for you and your partner … Mount Everest is going through a growth spurt … The type of music that will make you more productive while you work … Amazon is selling a tiny house for less than the price of most cars … It’s going to cost more to heat your home this winter … Members of Generation Z are getting praised at work more than members of other generations, but it’s still not enough … Liked him on “Good Times” but loved him on “The West Wing.”

Wisdom Wednesday, part I

Wisdom Wednesday, part II

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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