Collection Law Firm, Debt Buyer Facing FDCPA Class Action Over MVN Issues
- A collection law firm and debt buyer are facing a class-action lawsuit in Georgia federal court accusing them of violating the Fair Debt Collection Practices Act over issues in a Model Validation Notice that was sent to an attorney who was purportedly not representing the plaintiff.
- More details here
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Comcast Hit With $1.5M Fine After Debt Collection Vendor Breach
- The Federal Communications Commission has fined Comcast $1.5 million following a data breach at Financial Business and Consumer Solutions (FBCS), a former debt collection vendor, that exposed sensitive information from 237,703 current and former Comcast customers. The breach occurred in early 2024, long after Comcast stopped placing accounts with the agency, but still involved customer data the vendor retained.
- More details here
NY Appeals Court Overturns Denial of MTD in FDCPA Case
- A New York state Appeals Court has reversed a lower court’s ruling, denying a defendant’s motion to dismiss a Fair Debt Collection Practices Act case, ruling the motion should have been granted because the plaintiff lacked standing to file the lawsuit in the first place.
- More details here
Minnesota Appeals Court Clarifies What Counts as Debt Collection in the State
- A Minnesota appeals court has affirmed a lower court’s ruling that seeks to define debt collection in the state and the circumstances under which an entity must be licensed to collect in Minnesota. The decision reinforces a broad interpretation of what activity constitutes debt collection and when out-of-state companies fall under Minnesota’s licensing requirements.
- More details here
Illinois Supreme Court Reverses Class Certification in FACTA/FCRA Case
- The Illinois Supreme Court has overturned rulings from two lower courts that granted class certification in a Fair Credit Reporting Act case involving the printing of more than the last five digits of a debit card number on a receipt provided to a consumer.
- More details here
WORTH NOTING: Reaction to the CFPB’s new humility pledge that examiners will have to read before beginning a review of a company … Fintech Green Dot is splitting into two separate companies … Rising Medicare premiums are going to eat into retirees‘ Social Security checks next year … For people who like to give up and admit defeat, this is for you … The rise of “fail watching” and why it might not be a good thing for your office … If you haven’t replied to one of my emails yet, and you start getting a lot more, this is why … Strategies to help catch up if you are late to the retirement savings game … The dirty secret of America’s holiday shopping season.
Trailer Tuesday, part I
Trailer Tuesday, part II
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