JUDGE REMANDS FDCPA CLASS BACK TO STATE COURT OF RULING PLAINTIFF LACKS STANDING
- A District Court judge in Illinois has granted a plaintiff’s motion to remand a Fair Debt Collection Practices Act case back to state court, while denying the motion for attorney fees and costs, after the plaintiff received two collection emails from the defendant in which the name of the original creditor was slightly different in each message, ruling that the plaintiff lacked standing to sue in federal court.
ED. DEPT. HANDS OUT STUDENT LOAN CONTRACTS TO SIX COMPANIES, TOUGHENS TERMS
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- The Department of Education on Friday announced that it has awarded contracts to six different companies that will be responsible for servicing and collecting federal student loans, while also announcing that it has amended the contract terms for those providers to strengthen “standards for performance, transparency, and accountability” that are aimed at protecting borrowers.
FLORIDA SUSPENDS COLLECTION OF PANDEMIC-RELATED UNEMPLOYMENT BENEFIT OVERPAYMENTS
- The Governor of Florida on Friday ordered the state to stop assigning accounts to debt collectors in situations where individuals were overpaid unemployment benefits during the COVID-19 pandemic because of issues that occurred as a result of expediting approvals to help those in need.
HOW EXPERTS ARE INTERPRETING LATEST LEGAL RULINGS
- Each week, AccountsRecovery.net publishes summaries of legal rulings that are impacting the accounts receivable management industry. But those summaries don’t necessarily provide insight into what you need to do — if anything — as a result of those rulings. For that, I turn to the experts. Every week, the top legal minds of the industry weigh in on those rulings, providing much-needed context and insight to help you better understand the rulings and be better informed when making important decisions. This week, Lauren Valenzuela, Lauren Burnette, John Redding, Jason Tompkins, and Stefanie Jackman share their wisdom with you. This series is sponsored by Bedard Law Group.
ACA INTERNATIONAL SELECTS SCOTT PURCELL AS NEW CEO
- ACA International, the world’s largest trade association for the accounts receivable management industry, has named Scott Purcell as CEO effective on Jan. 1, 2022.
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