CLASS-ACTION ACCUSES COLLECTOR OF VIOLATING FDCPA, REGULATION F FOR NOT USING MVN
- A class-action complaint has been filed against a collection agency, accusing it of violating the Fair Debt Collection Practices Act and the provisions of Regulation F because it did not use a Model Validation Notice and allegedly used false and deceptive means to attempt to collect on the debt because it opted for a traditional collection notice.
- More details here.
- This series is sponsored by WebRecon.
CFPB PUBLISHES GUIDANCE ADDRESSING ‘SHODDY’ FCRA DISPUTE INVESTIGATION PRACTICES BY FURNISHERS, CRAS
Related posts
- The Consumer Financial Protection Bureau yesterday issued guidance that warns furnishers of information to credit reporting agencies — and the agencies themselves — about the perils of not conducting reasonable investigations when consumers submit disputes about items on their credit reports.
- More details here.
CALIF. APPEALS COURT UPHOLDS RULING DENYING DEFENDANT’S MOTION TO COMPEL ARBITRATION
- A California Appeals Court has affirmed a lower court’s ruling denying a defendant’s motion to compel arbitration in a Rosenthal Fair Debt Collection Practices Act case, after a lower court determined the defendant did not meet its burden of proving the existence of an arbitration agreement between the original creditor and the plaintiff.
- More details here.
JUDGE BLOCKS STUDENT LOAN DEBT CANCELLATION PROGRAM
- A District Court judge in Texas yesterday granted summary judgment in favor of plaintiffs who sued the federal government seeking to block a program that would cancel up to $20,000 of student loan debt for individuals making less than $125,000 annually, ruling that the Biden Administration overstepped its authority when it created the program without congressional approval.
- More details here.
WORTH NOTING: You think it takes you a long time to get something done – Heinz spent 185,000 hours redesigning the cap for its ketchup bottle … Restaurants where veterans can get discounts today … How you can honor veterans today … For people who really want to celebrate National Pickle Day on Monday … Three mistakes that kill your productivity when working remotely … A professional baker weighs in on store-baked cinnamon rolls … Prices on new cars and some groceries are starting to come down … Why RSV is so dangerous for some babies, but not others.
Funny Friday, part I
Funny Friday, part II
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