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Judge Dismisses Most Claims in FDCPA Class-Action

Account Recovery

A District Court judge in Virginia has dismissed the majority of claims against several defendants in a Fair Debt Collection Practices Act class-action lawsuit, but allowed one key claim against a collection agency to proceed.

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Collection Agency Defeats MTD in Suit Against S.C. AG Seeking to Overturn Anti-Spoofing Statute

Account Recovery

In what is certainly a first for me, a collection agency — which is represented by The Echols Firm — has defeated a motion to dismiss a lawsuit for lack of standing. But this is not a run-of-the-mill Fair Debt Collection Practices Act suit.

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Plaintiff’s Law Firm to Pay Plaintiff, Defendant $50k As Part of Consent Decree

Account Recovery

Frost Echols, representing the defendant a collection agency in this case, discovered the irregularities after attempting to depose the plaintiff. The law firm agreed to pay a total of $50,000, with $35,000 going to the collection agency defendant and $15,000 to the plaintiff. Read the consent decree.

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How Large Language Models Can Revolutionize Consumer Engagement in Collections

Account Recovery

The credit and collection sector could be next. Why it matters: As collection agencies, debt buyers, fintechs, banks, and credit unions seek to improve consumer engagement, LLMs offer a potential solution for more natural and effective communication. What’s next: Just as LLMs in AVs operate within certain parameters (e.g.,

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Daily Digest – December 2. Collector Accused of Violating Reg F Over Debt Parking; Data Breach at Wash. Collection Agency Impacts 3M Consumers

Account Recovery

Collector Accused of Violating Reg F Over Debt Parking; Data Breach at Wash. Collection Agency Impacts 3M Consumers first appeared on AccountsRecovery.net. Collection Agency Impacts 3M Consumers first appeared on AccountsRecovery.net. Collector Accused of Violating Reg F Over Debt Parking; Data Breach at Wash.

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Appeals Court Affirms Ruling for Defendant in FDCPA Case Over Status of Debts

Account Recovery

The Court of Appeals for the Sixth Circuit has affirmed a ruling in favor of a defendant in a Fair Debt Collection Practices Act case that was sued for allegedly not informing the plaintiff that the underlying debt in question was time-barred, ruling that the statute of limitations for the debt had not yet expired.

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Appeals Court Overturns Ruling for Defendant in FDCPA Case Over Medical Debt

Account Recovery

The background: The case stems from a debt incurred by the plaintiff following medical care at a hospital. The plaintiff argued that the debt should have been covered by Washington’s Medicaid plan or through charity care, and thus she did not owe it.