ACA International Sues NYC Over New Debt Collection Regs
- ACA International on Friday sent out an alert to its members letting them know that the association, on behalf of one of its members, has filed a lawsuit seeking to block the enactment of debt collection rules that are slated to go into effect in New York City in December. The suit, filed against New York City Mayor Eric Adams, the city’s Department of Consumer and Worker Protection, and DCWP Commissioner Vilda Vera Mayuga, argues that the new rule, which is set to take effect on December 1, violates the Constitution and is preempted by federal and state law.
- More details here
Hospital Market Concentration Linked to Higher Medical Debt Burdens, Study Finds
- The concurrent trends of consolidation in the number of hospitals and healthcare providers nationwide and the growth in the amount of unpaid medical debt may be related to the concentration of healthcare providers in that area, according to the results of a new report, released last week by The Urban Institute.
- More details here
Judge Halves Plaintiff’s Request for Attorney’s Fees in FDCPA Case
- A District Court judge in California has essentially split the difference in determining the amount of attorney’s fees in a Fair Debt Collection Practices Act case by lowering the hourly rate awarded to plaintiff’s attorneys and removing the lodestar multiplier because “there were no novel or difficult issues presented and the time and labor spent to resolve the matter was minimal.”
- More details here
Compliance Digest – October 21
- Stay on top of the latest rulings related to debt collection and get important insights and perspectives from leading industry legal experts in this week’s Compliance Digest. Click on the link below to read what David Schultz, Dale Golden, Marissa Coyle, Issa Moe, Nick Prola, and Brendan Little have to say on recent cases impacting the ARM industry.
- More details here
- This series is sponsored by Bedard Law Group
WORTH NOTING: Five questions to help you narrow down who to dress up as for Halloween … Why you may want to think twice about unpacking as soon as you get home from a trip … This is the kind of accident we can all get behind … New York Community Bank is shedding 1,900 jobs, many of them from its mortgage servicing operation … A lot of consumers have maxed out their credit cards in the past two years … Empathy and transparency will help make you a better leader … Peanuts are better for you than you might think … Everything you can do from the address bar in Chrome.
Music Monday, part I
Music Monday, part II
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