SENATORS OPEN INQUIRY INTO CHASE’S ALLEGED RESUMPTION OF ROBO-SIGNING COLLECTION AFFIDAVITS
- A group of six Democrats on the Senate Banking Committee, including Chairman Sen. Sherrod Brown [D-Ohio] and Sen. Elizabeth Warren [D-Mass.] released a letter they had sent to JPMorgan Chase seeking information on the mega-bank’s credit card collection process, citing reports indicating that the company is robo-signing documents when making the decision to sue individuals for unpaid debts.
JUDGE GRANTS MOTION FOR JUDGMENT IN FAVOR OF CREDITOR SUED IN FCRA CASE
- Objectivity is supposed to allow things to be black or white. There aren’t supposed to be shades of grey. Those are for objectivity’s cousin, subjectivity. But even standards that are supposed to be considered objective can sometimes be open to interpretation. At least that is what a plaintiff unsuccessfully attempted to argue in a Fair Credit Reporting Act case in which a District Court judge in Florida granted a defendant’s motion for judgment on the pleadings.
BILL INTRODUCED IN CALIFORNIA TO EXPAND DEFINITION OF COLLECTION AGENCY UNDER LICENSING LAW
- The Debt Collection Licensing Act in California has been in effect for a month and already changes are being proposed, in the form of expanding the definition of what constitutes a collection agency. A bill has been introduced in the state Assembly that would broaden the definition of a collection agency and make other nonsubstantive changes to the law.
REPORT SPOTLIGHTS STATES’ EFFORTS TO PROTECT CONSUMERS FROM ‘HEAVY’ MEDICAL BURDENS
- Using a recently released report out of North Carolina, The Wall Street Journal yesterday published an article detailing how state legislatures across the country have enacted laws or are working on doing so in an effort to “limit aggressive debt-collection practices.”
WORTH NOTING: Masks create more challenges for children than for adults, according to a new study … The dream of owning a home is becoming more out of reach for a growing number of Americans … The Internal Revenue Service is backing away from a plan to use facial recognition … The pandemic’s “crushing” toll on working moms … Build-a-Bear wants you to know it’s not just for kids with its new “After Dark” collection … It’s not The Great Resignation, it’s The Great Upgrade … Why some techies hate using Calendly … More states are dropping their mask mandates.
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