Appeals Court Vacates Summary Judgment Award in FDCPA Case, Dismisses for Lack of Standing Instead
- In a case defended by David Grassi and Chad Echols at Frost Echols, along with Brad Armstrong at Moss & Barnett, the Court of Appeals for the Eighth Circuit has vacated a lower court’s summary judgment ruling in favor of a defendant in a Fair Debt Collection Practices Act case, only to have the case dismissed because the plaintiff lacked standing to sue in the first place.
- More details here
Appeals Court Upholds Ruling for Defendant in FDCPA Case Over Furnishing After Cease Request
- The Court of Appeals for the Second Circuit on Friday affirmed the dismissal of a Fair Debt Collection Practices Act lawsuit filed against a debt collection company that was centered around alleged improper communication practices by the defendant after the plaintiff requested a cease in communication regarding an outstanding debt.
- More details here
A New Payment Option for Consumers?
- I may get laughed out of the industry for this, and if I end up with egg on my face, it wouldn’t be the first, or last time, that it happens. But I came across this post on Bankrate a couple of weeks ago and it triggered an idea that I thought had some merit and potential, especially as collection operations look for new ways to get consumers to pay their debts. According to Bankrate, consumers are sitting on $27 billion of what is essentially a form of currency — unused gift cards.
- More details here
Compliance Digest – October 7
- Four court rulings, guidance from the Consumer Financial Protection Bureau, and a series of new laws in California — a mixed bag of importance compliance topics. Leave it to David Kaminski, Leslie Bender, Mike Frost, Justin Penn, Nabil Foster, and Joshua Howell to make sure you know everything you need to know in this week’s Compliance Digest.
- More details here
- This series is sponsored by Bedard Law Group
WORTH NOTING: Get an early jump on Amazon Prime Day with these deals you can have right now … As much as anyone who wants to lose weight, I am not sure this is the way I would go … A lot of the houses hit hardest by Hurricane Helene did not have flood insurance … A lot of people say they have never experienced “luxury” … The end of an era – no more cars with crank windows … Job interview tips to help you land an offer … You may want to stop gaslighting yourself … People are flocking to Costco to buy gold bars.
Music Monday, part I
Music Monday, part II
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