Judge Rules Defendant Meets FDCPA’s Definition of Debt Collector
- A District Court judge in California has denied a defendant’s argument that it does not meet the definition of a debt collector under the Fair Debt Collection Practices Act and ruled that the plaintiff’s claims can proceed. The defendant, who argued that it was exempt from the FDCPA, failed to convince the court, which found sufficient allegations that the defendant was operating as a debt collector when it attempted to collect a debt from the plaintiff.
- More details here
Bill Introduced in House to Reform CID Process
- A bipartisan bill has been introduced in the House of Representatives to reform the Civil Investigative Demand process used by the Consumer Financial Protection Bureau. Rep. Andy Barr [R-Kent.] and Rep. Vicente Gonzalez [D-Texas] introduced the Civil Investigative Demand Reform Act of 2024. The proposed legislation aims to ensure due process for financial services providers subject to the CFPB’s Civil Investigative Demands (CIDs), which are often criticized for being overly broad and burdensome.
- More details here
Appeals Court Affirms Ruling that FAA Doesn’t Apply to Mass Arbitration
- I don’t know of anyone who would proclaim a love of Ticketmaster, so a ruling against them is likely to be viewed positively by everyone, but the identity of the defendant aside, there are ramifications in this ruling related to how arbitration clauses are worded and enforced — at least within the Ninth Circuit.
- More details here
22 Companies Seeking Collection Talent
- Regardless of where you are or what you do, there is likely an opportunity that is of interest to you in this week’s job listings summary. Even if you’re not looking, knowing who is hiring — and how much they are paying — can be very useful information. Check it out!
- More details here
WORTH NOTING: Gift ideas for the frequent traveler in your life … There is being a fan, and then there is going this far to help your favorite team … The list of the most popular Halloween candy has a new Number One … Why you should be seeking out wealthy friends … A list of the best tech-themed horror movies of all time … Burger King is going to release its own advent calendar this year … People are becoming more optimistic about the economy … LinkedIn is going to start using AI to automatically forward your profile to prospective recruiters.
Wisdom Wednesday, part I
Wisdom Wednesday, part II
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