Daily Digest - April 7, 2025

🎂🎉 Happy belated Birthday to: Stuart Ashmore and Brad McCurnin of Harvest Strategy Group, Elliot Carney of Drop Cowboy, and Jennifer Beahon of Stillman Law Office, who all turned a year older on Sunday. 🥳🎁

Congratulations to Marc Lanni, the new Vice President of Strategic Accounts at Transworld Systems.

Appeals Court Partially Reverses Dismissal of FDCPA Case Over Consumer Status and Debt Definition

• The Court of Appeals for the Fourth Circuit on Friday partially reversed the dismissal of a Fair Debt Collection Practices Act case over whether the plaintiff meets the statute’s definition of “consumer” and whether the debt is still a debt.

• More details here.

A MESSAGE FROM TCN

TODAY‘S WEBINAR

UPCOMING WEBINARS

CFPB to Revisit Controversial Section 1071 Rule

• The Consumer Financial Protection Bureau has officially signaled it plans to rewrite its small business lending data collection rule, known as Section 1071, following major leadership changes earlier this year.

• More details here.

Illinois Appeals Court Rules Consumer Not Required to Pay Arbitration Fees in Collection Lawsuit

• An Illinois state Appeals Court has sided with the consumer in a collection lawsuit, ruling that the consumer should not be required to initiate arbitration by filing the proper paperwork and paying the initiation fees if he wants to arbitrate the collection lawsuit filed against him.

• More details here.

Compliance Digest – April 7

• Get important insights into the latest compliance developments and court rulings in this week’s Compliance Digest. Read what Stefanie Jackman, Monica Littman, Cooper Walker, Loraine Lyons, David Schultz, Brendan Little, Heath Morgan, and Leslie Bender have to say on the news that is shaping the credit and collection industry today.

• More details here.

• This series is sponsored by Bedard Law Group

WORTH NOTING: As we get close to summer, here is a list of the best gear when going out on a road trip ... Tips to help you save a dying plant ... The hottest summer travel destinations for your vacation ... If you want to sleep better at night, you may need to change your screen habits ... Americans' trust in their doctors is now getting political, according to new research ... A new map from the National Hurricane Center will let you know when it's safe to swim at the beach ... Why this may be the worst allergy season ever ... Experts weigh in on the impact of moving student loans to the Small Business Administration.

Music Monday, part I

Music Monday, Part II

The Daily Digest is sponsored by TCN