Consumer Financial Services Law Blog
Dykema Gossett PLLC
Dykema Gossett PLLC

Consumer Financial Services Law Blog

Consumer Financial Services Law Blog

News and analysis regarding Consumer Financial Services litigation and regulation, and activities of the Consumer Financial Protection Bureau


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Showing 3 posts in Harassment.

Sixth Circuit Broadens FDCPA Verification Requirements for Debt Collectors

Last week, in Haddad v. Alexander, Zelmanski, Danner & Fioritto, PLLC, --- F. 3d --- (6th Cir. 2014), 2014 WL 3440174 (6th Cir. Mich. 2014), 2014 U.S. App. LEXIS 13498, the Sixth Circuit expanded the requirement for how a debt collector must respond to a debtor’s request for verification of a debt under the Fair Debt Collection Practices Act, 15 U.S.C. § 1692 et seq. (FDCPA), creating the most consumer-friendly verification standard ever. Read More ›

CFPB Releases Annual Report on Fair Debt Collection Practices Act

On March 20, 2014, as mandated in the Dodd Frank Act, the CFPB released its annual report to Congress concerning the Fair Debt Collection Practices Act (FDCPA).  The CFPB reported on more than 30,000 consumer complaints concerning the debt collection market. The three most frequent complaints were collectors forcefully following up with consumers about a debt they do not owe, aggressive communication tactics used by debt collectors, and taking or threatening illegal actions.   Read More ›

Collection Letters on Time-Barred Debts Could Violate FDPCA

In McMahon v. LVNV Funding, LLC, ---F.3d---, No 12-3504, No. 13-2030, 2014 U.S. App. LEXIS 4592 (7th Cir. March 11, 2014), the Seventh Circuit ruled that collection letters on time-barred debts could mislead unsophisticated consumers to believe that the debts are enforceable in court in violation of the Fair Debt Collection Practices Act, 15 U.S.C. § 1692 et seq. (“FDCPA”), even though the letters did not contain any threats of litigation and especially if the letters offer to settle the debts at a discount.  Id. at 32.  Read More ›