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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Privacy and Cybersecurity Activities. The proposed amendments include changing the definition of medical debt, allowing medical debtors to initiate contact and make voluntary payments, and preventing certain written communications from being sent via certified mail. State Activities. Federal Activities: On May 13, the U.S.

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Eleventh Circuit Throws Debt Collectors Under the FDCPA Bus for Sharing Account Information with Letter Vendors

Troutman Sanders

Preferred electronically sent the mail house certain information about Hunstein: his status as a debtor, the balance of his debt, the entity to which he owed the debt, that the debt was for his son’s medical care, and his son’s name. ” Plaintiff’s Invasion of Privacy Allegation Had Standing.

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Creating Text Messages that Pay

Katabat

The CFPB’s recently released updates to the FDCPA “Clarifies that newer communication technologies, such as emails and text messages, may be used in debt collection, with certain limitations to protect consumer privacy and to protect consumers from harassment or abuse, false or misleading representations, or unfair practices.”.

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Social Media Ban for Debt Collection in New York?

National Service Bureau

This bill was introduced to the state senate in February of this year, and the crux is that if approved, debt collectors would be prohibited from using social media to contact debtors. Here’s what SB 3803 says: [Principal creditors or agents may not] “use a social networking website as a means to collect on a consumer claim from a debtor.