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Home Daily Digest

Daily Digest – May 8. Presidential Campaigns Not Paying Their Bills; Bankruptcy Trustee Files Objection To SquareTwo Reorganization Plan

mikegibb by mikegibb
May 8, 2017
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Credit: stubblepatrol.com

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The Daily Digest is sponsored by T-Max Dialer & Communications, the leader in hosted inbound and outbound dialer technology.

PRESIDENTIAL CANDIDATES NOT FANS OF PAYING BILLS FOR SECURITY 

  • It appears as though debt collection is not at the forefront of the president’s agenda. nor is paying his bills, either. Neither President Trump nor former presidential candidate Hillary Clinton have paid outstanding bills for campaign stops that were made on Pennsylvania last year during their campaigns for the highest office in the land. The Clinton campaign, for example, has not responded to three collection letters from the Philadelphia Police Department for a rally she held last year. Former candidate Bernie Sanders owes more than $400,000 in unpaid security bills for his campaign stops, as well.

BANKRUPTCY TRUSTEE FILES OBJECTION TO SQUARETWO REORGANIZATION PLAN

  • The Trustee assigned to monitor the bankruptcy filing of SquareTwo Financial has filed an objection to the company’s proposed reorganization plan. “… if the Plan is confirmed, general unsecured creditors will unknowingly release officers and directors for such things as violations of the Fair Debt Collection Practices Act and other similar state and local statutes and regulations, which is inconsistent with the concepts of notice and fairness,” the trustee wrote in its objection.

CONSULTANT LISTS SIX ‘CORE’ CAPABILITIES FOR MANAGING RELATIONSHIPS WITH THIRD-PARTY COLLECTORS

  • A consultant has written an overview for creditors, banks and other consumer finance companies about the six “core” capabilities that are needed when managing relationships with third-party collection agencies. The capabilities contain a lot of buzzwords and industry jargon and are short on examples and hard facts, but it’s insightful to see what thoughts are being planted into the minds of potential customers.

WORTH NOTING: The 10 daily rituals of the most intelligent people … Here are 12 office desk hacks that will make you more productive … Loved this headline: “35 of 37 economists said Trump was wrong. The other two misread the question” … The 33 richest people on earth … Marvel Studios is on a bit of a hot streak … These are the sports your kids should play if you want them to get a college scholarship … Why 60% of small business owners want the Affordable Care Act repealed … Another must-share headline: Joe Montana is looking to disrupt the meat industry.

Not sure about you, but these things are all the rage with my kids

A Marine explains how to lead when you’re not the boss

If you have a tip or item you would like to share, or are interested in sponsoring the Daily Digest, please contact me at mike@canvasbusinessmedia.com.

The Daily Digest is sponsored by T-Max Dialer & Communications, the leader in hosted inbound and outbound dialer technology.

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