Judge Awards Plaintiffs $20k in Damages in FDCPA Case Over Improper Garnishment
- Another cautionary tale in what happens if you deny you did anything wrong and then don’t show up to defend yourself … A District Court judge in Washington has awarded the plaintiffs in a Fair Debt Collection Practices Act case nearly $20,000 in damages after improperly garnishing $1,300 from the plaintiffs’ bank account. On top of that, the plaintiffs have also filed a motion for $23,000 in attorney fees, although they do not express much optimism in their motion at the likelihood of collecting on that amount.
- More details here
Report: GOP Budget Plan Could Trigger a $50 Billion Surge in Medical Debt
- A new report from the centrist think tank Third Way warns that the proposed $1.1 trillion in health care cuts under the Republican-led “One Big Beautiful Bill Act” could push millions of Americans off their insurance and deeper into medical debt. If enacted, the legislation could increase total U.S. medical debt by $50 billion, a 15% jump that would ripple through hospitals, providers, and ultimately the credit and collection ecosystem.
- More details here
Trump’s CFPB Pullback Estimated to Cost Consumers $18 Billion: Report
- A new analysis from the Student Borrower Protection Center and the Consumer Federation of America claims that actions taken by President Donald Trump’s administration to dismantle the Consumer Financial Protection Bureau have cost Americans at least $18 billion in higher fees and forgone compensation.
- More details here
25 Companies Seeking Collection Talent
- Industry jobs in 19 states — and a handful of opportunities to work remotely — are out there looking for qualified candidates. See if you fit the bill by checking out this week’s job listings summary, featuring jobs at every rung up the corporate ladder.
- More details here
Avtal, Inc. Appoints John McNamara as Chief Growth Officer
- Avtal, a fast-growing digital communications technology startup specializing in receivables management, today announced the appointment of John McNamara as Chief Growth Officer. McNamara previously served as Principal Assistant Director of Markets at the Consumer Financial Protection Bureau (CFPB).
- More details here
WORTH NOTING: I have to admit, reading the average number of cuts and bruises and scrapes that the average person suffers a year seemed higher than I would have guessed … Mistakes to avoid if you are going outside in the heat … Why electricity prices are spiking for a lot of Americans … A list of the 100 best movies of the 21st century … Exposing workers to AI makes them feel better about themselves and their careers … Why near misses can make you or break you … Buy Now, Pay Later loans will now start factoring into your credit scores … Why it’s good to admit when you are wrong.
Wisdom Wednesday, part I
Wisdom Wednesday, part II
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