LAWYERS LOOK FOR DEEP POCKETS BEFORE TAKING THE CASE
- A Florida newspaper spoke with a plaintiffs attorney regarding the types of cases he is looking for when it comes to filing TCPA lawsuits. When asked what type of clients the firm is looking for, this is what was written: “Primarily it’s the people who are getting calls on their cellphones from debt collectors.” But even then, the firm is looking at companies that have the financial standing to be able to pay out if there have been violations. “And unless you are dealing with a good-sized business, someone who has lots of assets or someone with insurance, it can be nearly impossible to get the money.”
GIVING BACK
- ACA International released a whitepaper yesterday, quantifying the economic impact of third-party debt collections on the overall economy. Debt collectors returned $45 billion to the economy in 2013, according to the study, which works out to nearly $400 in savings for every individual in the country.
WORTH NOTING: iPhone sales are slowing … How to cut costs without cutting staff … Five ways to explode your income … The 50 most violent cities in the world … Americans are using longer-term loans to buy fancier cars … Secured and unsecured personal loans will continue to grow in 2016 … Chase ATMs to give cash via smartphones … Toyota remains the world’s largest automaker … Nearly 300,000 drones have been registered with the FAA in the first 30 days after launching a mandatory registration program … How JetBlue is changing the inside of its planes.
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