Indiana Attorney General Greg Zoeller announced Tuesday that he is proposing new legislation in the state that would protect state residents from debt collection scams by “expanding the federal Fair Debt Collection Practices Act (FDCPA) at the state level.”
The Consumer Financial Protection Bureau (CFPB) Monday announced that it has taken action against Michigan-based Flagstar Bank for violating the CFPB’s new mortgage servicing rules by illegally blocking borrowers’ attempts to save their homes.
The Eleventh Circuit Court of Appeals yesterday unanimously reversed a lower court ruling in Mais v. Gulf Coast Collection Bureau, a case that was extremely controversial in the debt collection industry due to the district judge deliberately ignoring an FCC ruling regarding consent to call a cell phone. Monday’s decision and opinion is seen as a major victory for debt collectors.
The CDIA is launching a comprehensive and flexible new Metro 2 e-Learning System to provide detailed guidance on the use of the Metro 2, the credit reporting industry’s standard reporting format.
A federal judge last week certified a class action that accuses a mortgage services company of violating the FDCPA by leaving a message on a door hanger for a consumer to call a specific number. The note made no mention of the debt, although it was left specifically for that purpose.
On the heels of a June 30 decision finding that a New Jersey law firm violated the Fair Debt Collection Practices Act because its attorneys spent four seconds reviewing a pleading, a complaint seeking class certification has been filed against the same firm, citing findings of fact from the adverse court opinion.
The Federal Trade Commission Tuesday announced that it has won a court judgment and entered settlements with a scam debt collection agency and its owners that officially shutters and liquidates the business for good and permanently bars the owners and principals from working in debt collection ever again.
The Federal Trade Commission and the Consumer Financial Protection Bureau have announced the agenda for the roundtable the agencies will co-host in Long Beach, California, on October 23, 2014.
The Third Circuit Court of Appeals Monday denied a petition to rehear an FDCPA case that involved an account number being visible through the clear window of an envelope containing a debt collection letter.
A hot issue in TCPA litigation is the scope of consent necessary to place automated calls to consumers where the consumer has provided a cell phone number to a company in connection with a specific transaction or application.