NYDFS ISSUES AMENDMENTS TO DEBT COLLECTION RULES; COMMENT PERIOD OPEN UNTIL NEXT WEEK
- The New York Department of Financial Services has issued a series of amendments to its debt collection rules for third-party debt collectors and debt buyers that could change how consumers are communicated with, including the information that must be provided after an initial communication is made. Comments on the proposed rule are due by Monday, November 8.
JUDGE GRANTS MTD IN FDCPA CASE OVER CREDIT REPORTING LANGUAGE IN LETTER
- A District Court judge in New Jersey has granted a defendant’s motion to dismiss a class action Fair Debt Collection Practices Act case over language related to furnishing information about an unpaid debt to a credit reporting agency in a collection letter.
JUDGE GRANTS PLAINTIFF’S MOTION TO FILE AMENDED COMPLAINT IN CASE BACK FROM APPEALS COURT
- Rather than dismiss a case as directed by the Sixth Circuit Court of Appeals, a District Court judge in Tennessee has decided to allow a plaintiff to file a second amended complaint against a collection agency for allegedly violating the Fair Debt Collection Practices Act because it did not use its true name during telephone calls and when leaving a voicemail for the plaintiff.
NUMBERS DOWN FOR SEPTEMBER, BUT CFPB COMPLAINTS ALREADY SETTING RECORDS: WEBRECON
- Everything WebRecon tracks and reports was in the red for September, compared with August’s totals, and most were down when compared to the totals for September 2020, as well, which might offer collection agencies a brief reprieve as they focus much of their attention on getting ready for the enactment of Regulation F.
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