By Jeannie O’Sullivan (Aug 16, 2021, 3:34 p.m. EDT) – New Jersey debt collection firm Forster Garbus & Garbus has rejected a proposed class action lawsuit accusing it of fooling a consumer into believing that he was being sued, with a federal court ruling that the disputed letter said “clearly and conspicuously” to the contrary.
In a ruling on Friday, U.S. District Judge Esther Salas granted the summary judgment motion from the Hackensack-based company and one of its directors, Glenn Garbus, emphasizing the language of the recovery letter to the heart for the fair recovery of George E. Heerema’s debt. Practices Act claims. The law prohibits, among other things, using deceptive means to request payment …
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The Eleventh Circuit published a notice on April 21, 2021, relating to the Fair Debt Collection Practices Act (FDCPA), which is must-read for anyone involved in servicing loans or collecting debts. The Eleventh Circuit explains that “[i]it is not lost on us that our interpretation of [the FDCPA] risk of upsetting the status quo in […]
United States: CFPB confirms date of entry into force of November 30 for final debt collection rules August 31, 2021 Sheppard Mullin Richter & Hampton To print this article, simply register or connect to Mondaq.com. The CFPB recently announced that its two final debt collection rules implementing the Fair Debt Collection Practices Act (FDCPA) will […]
In the show Squid game, the poor fight to the death for money to pay their debts. NPR’s Ari Shapiro speaks with Los Angeles Times journalist Victoria Kim on the underground world of South Korean loan sharks. ARI SHAPIRO, HTE: The hit Netflix show “Squid Game” is a dystopian fantasy where the poor are pitted […]