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Appeals Court Overturns $350k Damages Award Against Collector

Account Recovery

The Court of Appeals for the Seventh Circuit on Friday reversed a jury award of $350,000 against a collector in a Fair Debt Collection Practices Act case over the collection of a time-barred debt, ruling the plaintiff lacked standing. A copy of the ruling in the case of Pierre v.

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Important Updates to the Fair Debt Collection Practices Act

Credit Management Company

Now, there are additional steps you must add to your debt collection practices. Late last year, the Consumer Financial Protection Bureau (CFPB) announced the Final Rule that debt collectors must follow under the Fair Debt Collection Practices Act (FDCPA). Include the right to dispute the debt.

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Judge Grants MTD in FDCPA Case Over Collection Lawsuit

Account Recovery

In a case that was defended by Patrick Newman and Kira Locke from Bassford Remele, a District Court judge in Minnesota has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act case, because the plaintiff lacked standing on some of her claims, failed to state a claim on others, and should have […]

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Collector Reaches $995k Settlement in Collection Letter Lawsuit

Account Recovery

A motion has been filed in a West Virginia federal court to approve a settlement in a class action Fair Debt Collection Practices Act and West Virginia Consumer Credit Protection Act case that will see the defendant pay $995,000 after it was accused of sending letters that did not include updated language required under state … The post Collector (..)

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District Court Judge Grants Motion to Compel Arbitration in FDCPA Case

Account Recovery

On remand from the Court of Appeals for the Third Circuit, a District Court judge in New Jersey has granted a defendant’s motion to compel arbitration after it was accused of violating the Fair Debt Collection Practices Act, The Background: The case arose from the defendant’s collection letters, which the plaintiff claimed were misleading (..)

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Judge Grants MSJ For Defendant in FDCPA Bona Fide Error Case

Account Recovery

A Magistrate Court judge in Colorado has granted a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act case on the grounds that it was entitled to the “bona fide error” defense after it was accused of misrepresenting the debt that the plaintiff owed.

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Judge Grants MJOP for Defendant in FDCPA Case Over ‘Inconvenient’ Communication Method

Account Recovery

Good news for the industry in the form of a positive ruling in an “inconvenient time or place” lawsuit filed against a collection operation.