INDUSTRY FILES SUIT TO BLOCK ENACTMENT OF NEVADA MEDICAL DEBT COLLECTION LAW
- A dozen collection agencies, plus ACA International and the Nevada Collectors Association have filed a lawsuit against the state of Nevada seeking to block the enactment of a new law that governs how medical debts are to be collected in the state. The new law is scheduled to go into effect this Thursday, July 1, unless the plaintiffs are successful in convincing a federal judge in Nevada to grant a temporary restraining order blocking the bill from going into effect.
JUDGE GRANTS MSJ FOR DEFENDANT IN FDCPA CASE OVER CREDIT KARMA REPORT
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- What Credit Karma says in its reports about a consumer’s credit history is not gospel, a District Court judge in Tennessee has ruled, granting a defendant’s motion for summary judgment after it was accused of violating the Fair Debt Collection Practices Act because it allegedly communicated information to a credit bureau after it was instructed by the creditor to request all of its tradelines be removed from its customers’ credit reports.
MINN. GOV. SIGNS OMNIBUS BILLS INTO LAW, INCLUDE PROVISIONS FOR DEBT BUYERS
- The governor of Minnesota has signed a number of omnibus bills into law, one of which contains provisions that expand the regulation of the accounts receivable management industry to include debt buyers, a new term that the state is defining for the first time.
CFPB RELEASES FINAL RULE TO PROTECT HOMEOWNERS FROM FORECLOSURE, POST-COVID
- The Consumer Financial Protection Bureau yesterday announced the release of a final rule, which will go into effect on August 31 and aims to ensure an “orderly transition” back to a normal housing market by providing protections to homeowners to prevent a flood of foreclosures now that many forbearance programs put into place during the COVID-19 pandemic are ending.
WORTH NOTING: Have we been parking wrong the whole time? … Gas prices are projected to remain high all summer long … More companies are moving to four-day workweeks. Should you, especially as more workers are complaining of being burned out? … Not enough people are coming off unemployment and going back to work … Options to consider if you are looking for a break from the traditional Fourth of July buffet … The groups considered to be most at risk from the COVID-19 delta variant … There is only one other planet in our galaxy like Earth, according to scientists … It’s so hot in the Pacific Northwest that roads are buckling.
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