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Home Daily Digest

Daily Digest – September 16. Site That Helps Consumers Respond to Collection Suits Launches Nationwide; CFPB, State AGs Settle With Lender

mikegibb by mikegibb
September 16, 2020
in Daily Digest
0
Daily Digest – September 16. Site That Helps Consumers Respond to Collection Suits Launches Nationwide; CFPB, State AGs Settle With Lender

SITE THAT HELPS CONSUMERS RESPOND TO COLLECTION SUITS LAUNCHES NATIONWIDE

  • A service that started in Utah to help individuals respond to debt collection lawsuits yesterday announced it would now be available nationwide as it seeks to win $50,000 in a technology competition.

CFPB, STATE AGs SETTLE WITH PRIVATE LENDER; $330M OF STUDENT LOANS TO BE DISCHARGED

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  • The Consumer Financial Protection Bureau, along with 48 attorneys general, have reached a settlement that will see the owner of $330 million in private student loans forgive all of that amount after being accused of engaging in unfair acts and practices in violation of the Consumer Financial Protection Act.

ONE MISSED, BUT RETURNED CALL ENOUGH TO CONFER STANDING IN TCPA CASE

  • In a case that was first reported by Eric Troutman at TCPAWorld.com, a District Court judge in Texas has dismissed claims that a collector violated the Fair Debt Collection Practices Act by making one unanswered phone call to the plaintiff’s cell phone, but denied a motion to dismiss for lack of subject matter jurisdiction and failure to state a claim for alleged violations of the Telephone Consumer Protection Act because the plaintiff returned the call, not knowing who it was from.

COLLECTION COMPANIES AMONG GROUPS FILING BRIEFS URGING SUPREME COURT TO NARROW ATDS DEFINITION

  • A number of groups, including two debt collection companies, have filed briefs with the Supreme Court in support of Facebook in a Telephone Consumer Protection Act Case that seeks to define what constitutes an automated telephone dialing system once and for all.

WORTH NOTING: Hurricane Sally is bringing a “history-making” amount of rain … Would you side with the bride or her father and step-mother in this situation? … Fans of Oreos will have a new flavor to try this holiday season … Remote learning is costing parents a lot more money than sending kids to school … Comparing Walmart Plus, which launches today, with Amazon Prime … Apple has put Peloton in its sights … Firefighters are making progress battling massive wildfires in Oregon and California … If you have $8 million lying around and have always wanted a T. Rex skeleton.

How distance education affects children

Marble racing is back!

The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com. 

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