Court Rules Sending Validation Through CFPB Portal Does Not Satisfy FDCPA

A federal judge in Texas has ruled that a debt collector does not comply with the requirements of the Fair Debt Collection Practices Act (FDCPA) when responding to a consumer’s request for verification of a debt by uploading a letter via the Consumer Financial Protection Bureau (CFPB) online portal.  The case is Ghanta v. Immediate Credit Recoveries, Inc. (Case No. 3:16-cv-00573, U.S. District Court, Northern District of TX).

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from insideARM.com

» PDCflow Begins Partnership With ACH Vendor Payliance To Enhance Portfolio Of Client Service Offerings

» Court Rules Sending Validation Through CFPB Portal Does Not Satisfy FDCPA

» Major Banks Make Recommendations to Treasury That Could Impact Debt Collectors

» IACC Survey Shows Women Thrive in Commercial Collections

» Infographic: The Ongoing Saga of the US Dept. of ED Private Collection Agency Contract

» 2 New Developments Today in ED Collection RFP

» FinTech Debt Collection Start-up Says it Uses Modern Communication Methods

» Accelerated Receivables Solutions, Inc. Receives HUBZone Certification

Major Banks Make Recommendations to Treasury That Could Impact Debt Collectors

Yesterday the Financial Services Roundtable (FSR) submitted a letter to Treasury suggesting its recommendations for how to grow the economy and create jobs. FSR CEO Tim Pawlenty (former Governor of Minnesota and Republican presidential candidate) said, "Improving the financial regulatory system, while protecting consumers, will grow the economy and expand opportunity for more Americans."

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A Candid Conversation about Compliance - Denver, Colorado

23 August 2017 at 10:00 a.m.

Join the Compliance Professionals Forum for a free meeting* where compliance professionals of all levels share their perspectives, accomplishments, and challenges. Problem-solve with local compliance professionals and walk away with strategies that you can implement right away. 

A special thank you to TransUnion and Ontario Systems for generously sponsoring the meeting.

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* There is a $25 registration fee that is waived for Compliance Professionals Forum members.

Please note: This event will be held from 10 AM to 3 PM MST.

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