JUDGE GRANTS MTD IN FDCPA CASE OVER COLLECTION LETTER
- A District Court judge in New York has granted a defendant’s motion to dismiss after it was sued for multiple alleged violations of the Fair Debt Collection Practices Act based on a letter that was sent to the plaintiff, including claiming that the letter did not adequately identify the creditor to whom the debt was owed, did not adequately identify the address to which disputes must be sent, and that the validation notice was overshadowed because of the letter’s format.
JUDGE STAYS CFPB’S CASE AGAINST COLLECTION LAW FIRM PENDING SUPREME COURT RULING
- A District Court judge handling a lawsuit filed by the Consumer Financial Protection Bureau against a collection law firm for allegedly violating the Fair Debt Collection Practices Act has decided to stay the case until after the Supreme Court issues a ruling in a case challenging the constitutionality of a federal agency being run by a single director.
STUDENT LOAN DEBT A MAJOR FACTOR IN RACIAL WEALTH INEQUALITY: REPORT
- Individuals with student loans who are living in neighborhoods that are primarily made up of Black and Latinos are twice as likely to have their debt in collections as those living in neighborhoods that are primarily made up of white individuals, according to research that has been published by the New York City Department of Consumer and Worker Protection.
TEAM FFAM360 PARTICIPATES IN THE VIRTUAL ONE TEAM ATL 5K
- The FFAM360 Alliance of Companies, with the support of its executive leadership and countless valued employees, took part in the One Team ATL 5k, a virtual race to raise money for social justice education.
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