Judge Dismisses Every Claim in Pro Se Suit Over Decades-Old Garnishment
- A District Court judge in Ohio has dismissed every claim in a pro se lawsuit challenging the garnishment of wages on a default judgment more than two decades old, finding the claims either jurisdictionally barred, time-barred, or simply unsupported by facts.
- More details here
Wells Fargo CEO Says AI Cuts Both Ways on Jobs
- Wells Fargo CEO Charlie Scharf is pushing back on the idea that artificial intelligence is simply good or bad for employment, telling investors the reality inside his bank is messier than either camp admits, according to a published report.
- More details here
Feds Finalize Rule to Curb Ineligible Surprise-Billing Disputes
- The Centers for Medicare & Medicaid Services and other federal agencies have finalized a long-awaited rule meant to reduce the number of ineligible payment disputes flowing into the No Surprises Act’s Independent Dispute Resolution (IDR) process.
- More details here
Judge Lets Most of FCRA Suit Against CRA Proceed
- A District Court judge in Alabama has allowed most of a consumer’s Fair Credit Reporting Act lawsuit against a credit reporting agency to move forward, dismissing two claims while letting four others survive.
- More details here
Consumer Credit Holds Steady, But Student Loans and New Cards Tell a Different Story
- The latest data on U.S. consumer credit shows a market that is broadly stabilizing, with one glaring exception that should keep collection shops busy: student loans.
- More details here
Banks Are Investing in Financial Health Tools. Customers Aren’t Showing Up
- Retail banks and card issuers have poured money into financial advice and support tools, but a new JD Power study finds they are struggling to turn those investments into lasting customer engagement, with awareness lagging and a large share of consumers still feeling financial strain.
- More details here
Compliance Digest – June 1
- Check out this week’s Compliance Digest, featuring Joe Duggan on a Wisconsin appeals court decision reinforcing that clearly disclosed fees and costs are not misleading under the FDCPA, Jessica Klander on a student-loan furnisher case that highlights the distinction between legal and factual inaccuracies under the FCRA, and David Israel on a Ninth Circuit ruling that could significantly expand FCRA risk tied to credit report pulls when a consumer did not initiate the underlying transaction. Additional insights came from David Kleber on pro se discovery gamesmanship, Xerxes Martin on the importance of proper venue and service in collection litigation, Mitch Williamson on the growing role of AI in pro se consumer lawsuits, Colin Winkler on pleading-stage standing challenges in FCRA cases, Stephanie Strickler on debt collector status and onboarding risks, Chuck Dodge on arbitration agreement drafting lessons, and Leslie Bender on HHS’s reorganization of its civil rights office and the potential implications for HIPAA oversight.
- More details here
- This series is sponsored by Frost Echols
WORTH NOTING: A man has pleaded guilty to sending threatening messages to a collection agency over attempts to collect on a debt … A list of useless upgrades that car dealerships will try to push on you … A lot of consumers are overspending on their summer travel plans … A growing number of white collar workers are stalling out on their trek up the corporate ladder … A look at credit card debt statistics from LendingTree … Kid-approved gifts to stock up on for all of those birthday parties your children get invited to … At what point does it make sense to ditch a gas car for an EV? … To be a better negotiator, learn how to give a little.
Music Monday, part I
Music Monday, part II
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