Daily Digest - November 29, 2024

Brought to you by: TCN | By Mike Gibb

Author

Mike Gibb
November 29, 2024

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Don’t forget to check out what’s on the AccountsRecovery streaming channel. It’s a great way to catch webinars you may have missed!

Collector Sued for Not Honoring Email Opt Out

  • A claim that the industry is seeing more and more of relates to the timeliness of honoring cease requests or opt-out submissions from consumers not being processed fast enough and this lawsuit serves as a possible example of that, especially when coming in from different communication channels from the original message. A collection operation is being accused of violating the Fair Debt Collection Practices Act and Regulation F by continuing to attempt to collect on a debt after the plaintiff communicated his intention not to repay it in a text message to the defendant. The plaintiff is demanding $6,500 from the defendant for the alleged violations.

  • More details here.

  • This series is sponsored by WebRecon

A MESSAGE FROM TCN

TODAY’S WEBINAR

UPCOMING WEBINARS

Musk Calls for Elimination of CFPB

  • And you thought the Thanksgiving holiday weekend was going to be a slow news day … Billionaire Elon Musk, who has been tasked by President-elect Trump with identifying ways to reduce government spending, suggested in a post on his social media platform on Wednesday that the Consumer Financial Protection Bureau be eliminated because it is a “duplicative regulatory” agency.

  • More details here.

CFPB Plans to Move Forward with Medical Debt Credit Reporting Rule: Report

  • While other agencies are planning on going quiet during the transition of power from President Biden to President-elect Trump, the Consumer Financial Protection Bureau appears to move forward with a number of pending regulations, including its proposed medical debt credit reporting prohibition, according to a published report.

  • More details here. 

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California Appeals Court Overturns Ruling in Debt Collection Case

  • A California Appeals Court has reversed a lower court’s ruling in favor of a collection law firm and debt collection operation that were sued for violating the Fair Debt Collection Practices Act (FDCPA), ruling that the public interest exception to the state’s anti-SLAPP law applies to the case.

  • More details here.

WORTH NOTING: A pug won the National Dog Show for the first time ever ... How to save $100 every month on your food bill ... A lot of people are moving to Southern states, but it's not for the weather ... If you want to be financially successful, you may need to sleep in a certain position ... How to deal with favoritism at work, if you're not the favorite ... A trend you might not be aware of -- hotels are cutting back on toilet paper ... Five things to consider buying before new tariffs go into effect ... Tracking the best Black Friday deals.

Funny Friday, part I

Funny Friday, Part II