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WEBINAR RECORDING: HENSON v. SANTANDER SCOTUS RULING PROVIDES NEW DEFENSE TO FDCPA CLAIMS
- Equating it to winning a battle, but while still in the midst of a war, a trio of lawyers expressed optimism with the Supreme Court’s ruing this week in Henson v. Santander, but cautioned the industry against thinking that there were nothing but blue skies ahead. The lawyers shared their thoughts during a webinar, which was sponsored by WebRecon. A copy of the webinar recording is available here.
COLLECTION AGENCY CEO SAYS RIGHT THINGS IN INTERVIEW WITH LOCAL NEWSPAPER
- John Tammaro, the CEO of All Debt Solutions in Milford, Mass., says all the right things in a one-on-one interview with his local newspaper. This is the kind of interview that many local newspapers conduct and Tammaro’s answers are exactly the right tone and attitude when dealing with the mainstream media.
DEFICIENCY BALANCES CAN LEAVE INDIVIDUALS IN FINANCIAL JAIL FOR YEARS
- The New York Times looks at what happens when individuals default on their car loans, have their vehicles repossessed, and then are sued for the deficiency balance. Mentioning debt buyers like Portfolio Recovery Associates, the article examines the plight of a number of individuals who were barely able to afford their car loans before the vehicles broke down and are still paying for those cars, up to 13 years after they stopped being able to use them.
COMPANIES LINE UP TO BUY MERGING EUROPEAN DEBT COLLECTORS’ ASSETS
- There is a “long list” of potential buyers who have expressed interest in purchasing assets that are being sold by Intrum Justitia AB and Lindorff, two of Europe’s largest debt collectors, which have agreed to merge. In order to gain approval for the merger, the two companies must sell Lindorff’s entire business in Denmark, Estonia, Finland and Sweden, as well as all of Intrum’s business in Norway — and all to a single buyer.
WORTH NOTING: TV networks are ramping up their spending to win Emmy awards … A flowchart to show you what fictional boss you are … New offices that track your every move … Why you should actively aim to fail … How the rich talk to their kids about money … How Amazon’s purchase of Whole Foods will change how we buy groceries … Eight body language tips that are hard to master but will pay off forever … That’s one way to get free airline tickets for life … 85% of Americans read their news on a mobile device … A jury couldn’t reach a verdict in Bill Cosby’s sexual assault case.
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The Daily Digest is sponsored by T-Max Dialer & Communications, the leader in hosted inbound and outbound dialer technology.
