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The Court of Appeals for the Eighth Circuit has overturned the dismissal of a Fair Debt Collection Practices Act lawsuit, ruling that the postage and envelope paid for by the plaintiff when sending a letter to the defendant is sufficient for the plaintiff to have standing to sue. The Appeals Court has remanded the case back to the District Court for further proceedings.
Late payments are a growing challenge for businesses, with increasing economic uncertainty amplifying the risks associated with cash flow disruptions. For the first time, an exclusive survey from The Kaplan Group reveals the preventive strategies that distinguish companies excelling in collections from those facing persistent payment delays. The survey was conducted among 100 financial decision makers, including CFOs, VPs of finance, controllers, and directors of finance, representing businesses
The Consumer Financial Protection Bureau announced in a court filing on Friday that it plans to revoke guidance it issued last year over how medical debts are collected, likely bringing an end to two lawsuits that were filed by the industry against the regulator. This guidance, originally issued last October, is separate from the CFPB’s rule on medical debt credit reporting, which is still being challenged in the courts.
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I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management Turnkey Speech Analytics. And Our New BLG360 Program Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.
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