Federal Magistrate Enters Default Judgment Against Failed Bank's Officers
FRESNO, Calif. - A federal magistrate judge in California on April 1 granted default judgment to the Federal Deposit Insurance Corp., which, as the receiver for the failed County Bank of Merced,...
View ArticleSEC's Actions Investigating Madoff Shielded By Statute Exception, Panel Rules
NEW YORK - A federal district court judge did not err in dismissing a lawsuit filed by victims of Bernard L. Madoff's massive Ponzi scheme against the federal government because the Securities and...
View ArticleDebt Collector Had Right To Pull Consumer's Credit Report, 5th Circuit Rules
NEW ORLEANS - A federal judge did not err in granting summary judgment in a Fair Credit Reporting Act (FCRA) lawsuit because a consumer failed to show that a debt collector obtained his credit report...
View ArticleMagistrate Judge Recommends Default Judgment Be Denied In Debt Collection Suit
WILMINGTON, Del. - A federal magistrate judge in Delaware on April 16 recommended that a consumer's motion for default judgment be denied because the consumer has failed to plead any of his state or...
View Article6th Circuit Finds Bank Is Not Liable For Its Customers' Fraud
CINCINNATI - The Sixth Circuit U.S. Court of Appeals on April 8 affirmed the dismissal of a suit filed by victims of a scheme perpetrated by Huntington National Bank customers, finding that the victims...
View Article10th Circuit Affirms Dismissal Of Student-Loan Suit Against Government
DENVER - The 10th Circuit U.S. Court of Appeals on April 3 affirmed the dismissal of a pro se litigant's student-loan dispute with the U.S. government, finding that the plaintiff "makes no effort to...
View ArticleFederal Judge Dismisses Portions Of Suit Alleging Student Loan Fraud
FRESNO, Calif. - A federal judge in California on April 11 granted in part and denied in part a motion to dismiss a suit in which relators alleged that a school submitted false claims for federal...
View ArticleJudge Dismisses Student Loan Debtor's Suit Against Government
LAS VEGAS - A federal judge in Nevada on March 28 granted summary judgment to the U.S. Department of Education (DOE) in a student-loan collection suit, finding that a debtor did not show that the DOE's...
View ArticleFederal Judge Denies Student Loan Debtor's 'Discharge' Request
GREENBELT, Md. - A federal judge in Maryland on April 1 dismissed a suit against the U.S. Department of Education (DOE) in which a student loan debtor seeks a "discharge" from his debts, finding that...
View Article4th Circuit Rejects Loan Servicers' Appeal Of Arbitration Denial
RICHMOND, Va. - The Fourth Circuit U.S. Court of Appeals on April 11 affirmed a district court's dismissal of a petition to compel arbitration of state law claims brought by borrowers against "payday"...
View ArticleFederal Judge Allows Debt-Collection Suit To Proceed
FLINT, Mich. - A federal judge in Michigan on April 12 allowed a consumer's Fair Debt Collection Practices Act (FDCPA) and Michigan Occupational Code (MOC) claims against a collection agency to stand,...
View ArticleConsumers' Debt-Collection Allegations Fall Short, Federal Judge Rules
BALTIMORE - A federal judge in Maryland on April 16 dismissed a putative class action alleging violations of the Fair Debt Collection Practices Act (FDCPA) because, among other reasons, a debt...
View ArticleJudge: Rule 68 Offer Of Judgment Does Not Moot Debt Collection Suit
LAS VEGAS - A federal judge in Nevada on April 10 ruled that a debt collector's Federal Rule of Civil Procedure 68 offer of judgment in a Fair Debt Collection Practices Act (FDCPA) lawsuit does not...
View ArticleFederal Judge Denies Stay In Fair Debt Collection Practices Act Lawsuit
SACRAMENTO, Calif. - A federal judge in California on April 12 denied a consumer's motion to stay the judge's ruling on a motion for summary judgment pending the conclusion of discovery in a Fair Debt...
View ArticleJudge Allows Discovery To Proceed In Fair Debt Collection Practices Act Suit
NEW YORK - A federal magistrate judge in New York on April 11 granted a consumer's motion to conduct discovery in a Fair Debt Collection Practices Act (FDCPA) lawsuit even though the debt collector had...
View ArticleConsumer's Federal Debt Collection Law Claims Are Time-Barred, Judge Rules
CHICAGO - Dismissal of a consumer's complaint against a debt collector for alleged violations of state and federal debt collection laws is proper because the consumer's federal claims are time-barred...
View ArticleJudge Rules That Consumer's Debt Collection Claims Must Be Arbitrated
DETROIT - A consumer must argue her Fair Debt Collection Practices Act (FDCPA) claims before an arbitrator because those claims are covered by an arbitration clause in a credit card agreement, a...
View ArticleDebt Collector Entitled To Bona Fide Error Defense, Judge Rules
LYNCHBURG, Va. - Summary judgment in a Fair Debt Collection Practices Act (FDCPA) lawsuit against a debt collector is proper because the defendant has shown that its failure to include certain...
View ArticleJudge Won't Certify Class Challenging Collection Practices Of Debt Collector
CHICAGO - A federal judge in Illinois on April 12 denied a consumer's motion to certify three classes of plaintiffs in a class action lawsuit challenging the collection practices of a debt collector,...
View ArticleFederal Judge Keeps Wells Fargo In MedCap Ponzi Scheme Suit
SANTA ANA, Calif. - A federal judge in California on April 2 declined Wells Fargo NA's request to dismiss consolidation class action claims alleging that it breached its contract by giving noteholders'...
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