Bank, Collection Law Firm Facing FDCPA Class Action Over Reviving Dormant Judgments
- A bank and collection law firm in Texas are facing a class-action lawsuit for allegedly violating the Fair Debt Collection Practices Act and the Texas Debt Collection Act in how they were reviving dormant judgments and then attempting to collect on the time-barred debts.
- More details here
- This series is sponsored by WebRecon
Judge Denies MSJ For Defendant in FCRA, FDCPA Case Over Disputed Debt
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- A District Court judge in Alabama has denied a defendant’s motion for summary judgment in a Fair Credit Reporting Act and Fair Debt Collection Practices Act case, ruling the defendant did not do enough to determine whether the debt in question was validly due and owing after the plaintiff filed a dispute.
- More details here
More Americans Living Paycheck to Paycheck: Survey
- More than 1 in 3 American workers are living paycheck to paycheck, with little-to-no money left for savings after covering monthly expenses, according to a new survey from Bankrate.
- More details here
A Summary of Comments on Medical Debt Credit Reporting Proposal
- Comments are currently being accepted regarding the Consumer Financial Protection Bureau’s proposed rule that would prohibit creditors from using medical debts when determining whether a consumer is eligible for credit. The comment period is open until August 12. To help those who might be interested in filing a comment, and to provide insight into the tone of the comments being filed, AccountsRecovery.net is sharing some of those comments here. To date, 77 comments have been filed.
- More details here
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Trailer Tuesday, part I
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