Suit Accuses Collector of Attempting to Collect Non-Existent Debt
- An interesting twist in the normal debt collection process, kind of a man-bites-dog situation, along with yet another entry in the game of “is this a dispute or not” highlight this complaint that was filed in Minnesota District Court.
- More details here
- This series is sponsored by WebRecon
N.D. State Court Affirms MVN’s Safe Harbor in Case Over Dispute Notification
- In a case that was defended by Jessica Klander and Nick Prola at Bassford Remele, a state court judge in North Dakota has granted a defendant’s motion for judgment on the pleadings in a Fair Debt Collection Practices Act case, ruling that its use of the Model Validation Notice entitled it to the safe harbors afforded by the Consumer Financial Protection Bureau over the plaintiff’s claims that it did not provide the required 30-day notice to dispute the debt.
- More details here
Judge Rejects CFPB’s Request to Vacate Settlement
- A District Court judge in Illinois has rejected a request by the Consumer Financial Protection Bureau to vacate a settlement reached with a mortgage lender after it was accused of racial discrimination, saying that doing so would open a “Pandora’s box” that he refuses to unlock. The CFPB back in March filed a motion seeking to vacate the $105,000 settlement that it reached with Townstone Financial, claiming the case lacked merit.
- More details here
Top Finance Teams Use Gen AI to Slash Costs, Speed Decisions, and Elevate Performance: Report
- A growing number of leading finance organizations are pulling ahead of their peers by leveraging generative artificial intelligence to reshape how work gets done, according to new research released by The Hackett Group.
- More details here
WORTH NOTING: How to bring home the best souvenirs when you are on vacation … Experts weigh in on how often you should go to the dentist … The city of Buffalo is changing the licensing term for collection agencies … Is it any damn surprise that Americans top this list? … Business and financial leaders share their summer reading lists … Special Friday the 13th deals from Krispy Kreme and Chipotle … The best graduation speeches from 2025 … When it comes to dying, a lot of people aren’t prepared.
Funny Friday, part I
Funny Friday, part II
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