Creditors: did that headline grab your attention? Hopefully it did, since this article is speaking directly to you and was meant to bring light
to a significant issue regarding Reg F preparedness. If this issue is not corrected by creditors, debt buyers, and
anyone else placing consumer accounts for collections, it will disturb current
collections practices and prevent accounts from being worked after November 29,
2021.
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WEST SENECA, N.Y -- Mark Lesinski, Director of Business Development for Landmark Strategy Group, recently participated in
the Chautauqua Gran Fondo BIke Rally, an annual cycling
event in Mayville, NY. The event brings together cycling enthusiasts of all
levels for a recreational, scenic ride around the community and raises funds
for local charities in the community. Upon registration, cyclists choose from a
20-mile, 40-mile, or 60-mile route. This year, event registration fees are going to 3 community
organizations: Crèche, Bemus Point / Stow Ferry, and Mayville Library.
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No, that headline is not a typo. In two cases, in what could easily be confused for a live-action version of Gary Larson's comic "The Far Side," the consumers, represented by the law firm of Edelman, Combs, Latturner & Goodwin LLC argued they did not have the requisite standing to have their cases heard in federal court. In response, the debt collectors argued the consumers had met the requirements for standing in federal court. The two cases are Keller v. Northstar Location Svcs, Case Number 21-cv-3389 (N.D.
Ill 2021), Thomas v. Unifin, Inc. Case Number 21-cv-3037 (N.D. Ill 2021).
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