JUDGE GRANTS MTD IN FDCPA CLASS ACTION OVER LACK OF STANDING
- Saying that you expended “time, money, and effort” trying to identify what to do when you are confused as to whom the original creditor was after receiving a collection letter is not enough for a plaintiff to have standing to sue, ruled a District Court judge in Maryland, who has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act class-action lawsuit.
STATE OF FLORIDA CFO ASKS CFPB TO ‘REEVALUATE’ REG F’S COMMUNICATION PROVISIONS
- Add the state of Florida to the list of those opposed to Regulation F’s provisions allowing debt collectors to privately communicate with individuals over social media networks as well as text messages and email to attempt to collect unpaid debts. The Chief Financial Officer of the state sent a letter to Rohit Chopra, the Director of the Consumer Financial Protection Bureau, asking the agency to “reevaluate the merit” of the provisions because he “seriously” doubts how effective those channels will be.
COLLECTION ‘KINGPIN’ ORDERED TO DISCLOSE FINANCES OR FACE JAIL
- Time might finally be running out on Douglas MacKinnon’s attempts to keep from having to produce a list of his assets to settle a $60 million judgment. The collection “kingpin” who is facing the judgment after being sued by the Consumer Financial Protection Bureau has been ordered by a federal judge to furnish information about his finances by January 6 or face going to jail, according to a published report.
EXPERTS OFFER INSIGHTS INTO 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, Jessica Klander, Rick Perr, and John Redding share their wisdom with you. This series is sponsored by Bedard Law Group.
WORTH NOTING: It’s all fun and games until half of BTS tests positive for COVID-19 … Would you and your spouse ditch technology for a month to win $25,000? … How to use voice assistants to be your most productive self … Families with kids “can expect to lose hundreds a month” next year … COVID-19 has pushed nearly 100 million people into poverty … The best home gym equipment, according to personal trainers … Does the color of a jersey or shirt impact performance? … Economists say now is a good time to ask for a raise.
How to hack your memory
Music Monday
The Daily Digest is sponsored by TCN. Today, contact centers need to do more with less. TCN’s cloud-based predictive dialing tools and services help clients to leverage the most sophisticated inbound, outbound, and blended calling technologies available. TCN’s award-winning platform offers multiple features to assist in compliance while improving performance with no hardware, no monthly minimums, or maintenance fees. Call 866-745-1900 or visit tcn.com today.
