JUDGE DENIES CERTIFICATION IN FDCPA SUIT OVER CREDIT REPORTING LANGUAGE IN LETTER
- A District Court judge in New Jersey has denied a plaintiff’s motion to certify a class in a Fair Debt Collection Practices Act lawsuit, ruling that the different letter templates used by the defendant and the different language included in those templates requires individualized inquiries into whether the letters received by the members of the class were deceptive or not.
PHEAA ANNOUNCES EXIT FROM SERVICING FEDERAL STUDENT LOANS
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- The Pennsylvania Higher Education Assistance Agency, one of the largest student loan servicers in the country, announced yesterday that it will stop servicing federal student loans by the end of this year, citing the increasing complexity and cost of handling loans on behalf of the Department of Education. The announcement affects about 9 million individuals who were having their loans serviced by PHEAA.
JUDGE DENIES DEFENDANT’S STAY REQUEST IN A HUNSTEIN CASE
- A District Court judge in Florida has denied a defendant’s motion to stay a Hunstein case, ruling that the pending en banc petition in Hunstein before the Eleventh Circuit Court of Appeals “does not affect the precedential value” of the ruling, “which is the law of this circuit.”
COLO. AG TO HOLD MEETING TO DISCUSS RULES RELATED TO NEW STUDENT LOAN SERVICING AND COLLECTION LAW
- The Attorney General’s office of Colorado will be holding a virtual meeting next week to discuss components of a new student loan servicing and collection law and draft rules that it has issued which are open to feedback from interested stakeholders.
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