Suit Accuses Law Firm of Pursuing Case After Notified of Improper Venue
- A collection law firm and the owner of a debt are facing a class-action lawsuit in New Jersey federal court for allegedly filing a collection lawsuit in the wrong venue, and then failing to transfer the suit or do anything when the plaintiff filed an answer indicating she lived in a different county.
- More details here
- This series is sponsored by WebRecon
Appeals Court: Time and Money Spent on Unshared Credit Report Errors Does Not Meet Standing Threshold
- The Court of Appeals for the Eleventh Circuit has vacated a lower court’s ruling after determining that a plaintiff did not have standing when she accused a credit reporting agency of violating the Fair Credit Reporting Act because it did not correct information that was never provided to a third party.
- More details here
FTC Shuts Down $100 Million Debt Relief Scheme That Targeted Seniors and Veterans
- The Federal Trade Commission has secured a court order halting the operations of a debt relief enterprise that allegedly scammed consumers, primarily older Americans and veterans, out of more than $100 million through impersonation and deception. The scheme, run by a network of seven companies and three individuals operating under names like Accelerated Debt Settlement, is accused of impersonating banks, government agencies, and credit bureaus to convince consumers to pay thousands in illegal advance fees for debt relief services that were ineffective or never delivered.
- More details here
CFPB Terminates Enforcement Order Against Credit Union
- The Consumer Financial Protection Bureau has terminated a consent order against VyStar Credit Union. The order, originally issued in October 2024, imposed a $1.5 million penalty because the institution was accused of mishandling of an online banking system overhaul in 2022, which left members without full access to services for extended periods. While the credit union has paid the fine, the termination of the order means the credit union will not have to develop or implement redress plans that were required under the original order.
- More details here
WORTH NOTING: Why bosses should never speak first, or even second, in a meeting … If today flies by faster than usual, it’s not just you … The silver lining for the company at the center of last week’s KissCam scandal … What to do if your boss is playing favorites and the favorite isn’t you … Interest rates are keeping a lot of people from being interested in buying a new house … Talk about lightning striking twice … How to spot and guard against wrong number scams … A look at the list of candidates for song of the summer.
Trailer Tuesday, part I
Trailer Tuesday, part II
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