GETTING TO KNOW MARK NIELSEN OF FIRST COLLECTION SERVICES
- Mark Nielsen wants to add bills to the list of things that are certain in life, like death and taxes. As long as there are bills, Mark is comforted by the fact that there will need to be people around to collect on them. Read on to learn more about Mark, just how many trees who owe their lives to him, and why he’s addicted to trail mix.
- More details here.
- This series is sponsored by Applied Innovation.
JUDGE REMANDS FDCPA CASE BACK TO STATE COURT, ORDERS FIRM REPRESENTING DEFENDANT TO PAY DOUBLE COSTS, FEES
- A District Court judge in Wisconsin has admonished the lawyer representing the defendant in a Fair Debt Collection Practices Act case, calling him out for removing cases originally filed in state court to federal court five times, only then to file a motion for summary judgment in each case on the grounds the plaintiff lacked standing to sue. The judge remanded this case back to state court and ordered the firm representing the defendant to pay double costs plus attorney fees for filing a motion for summary judgment on the merits rather than stipulating to a remand for lack of jurisdiction.
- More details here.
CFPB RESPONDS TO TRANSUNION MOTION BY BLASTING FIFTH CIRCUIT OPINION
- The ruling from the Fifth Circuit Court of Appeals doesn’t “make sense” and is “without support in law,” the Consumer Financial Protection Bureau argues in a response to a motion for supplemental authority that was filed by TransUnion as it seeks to use the ruling to get a lawsuit filed by the CFPB against the credit reporting giant dismissed. The filing marks the first official response from the CFPB to the ruling from the Fifth Circuit, which determined that the funding structure used to run the Bureau is unconstitutional.
- More details here.
BIDEN, CFPB TAKE NEXT STEP IN JUNK FEE CRACKDOWN
- In a joint appearance yesterday, President Joe Biden and Rohit Chopra, the Director of the Consumer Financial Protection Bureau announced new guidance that deems a pair of fees charged by financial institutions to “likely” be unfair and unlawful under existing law.
- More details here.
WORTH NOTING: A practical guide to dividing up the household chores … What are likely to be the most popular Halloween costumes this year … A list of tips if you ever happen to find yourself in an earthquake … What most Americans would pick for their final meal … How someone’s body language will tell you if you are being manipulated … A study that concludes why you should let your kids play more video games … The body of a missing woman was found inside a snake … How much Americans at different ages have saved up and how much they should have.
Top 10 Thursday, part I
Top 10 Thursday, part II
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