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Home Daily Digest

Daily Digest – August 21. Justice Dept. Confirms Termination of Operation Choke Point; Company With Ties to Presidential Advisor in Spotlight for “Aggressive” Collection Tactics

mikegibb by mikegibb
August 21, 2017
in Daily Digest
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The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs, and collection agencies worldwide. 

JUSTICE DEPARTMENT CONFIRMS TERMINATION OF OPERATION CHOKE POINT

  • The Justice Department has admitted that Operation Choke Point was “a misguided initiative,” and has pledged that the government will not keep lawful businesses from access to financial services, according to a letter the assistant Attorney General sent late last week. The letter was a response to an inquiry from the House Judiciary and Financial Services Committees asking for a formal renouncement of the plan.

COMPANY WITH TIES TO PRESIDENTIAL ADVISOR IN SPOTLIGHT FOR “AGGRESSIVE” COLLECTION PRACTICES 

  • A company with ties to presidential advisor Jared Kushner is in the spotlight for its aggressive debt collection practices. The company, Kushner Companies, is allegedly the “most aggressive” company in Maryland for using judges to arrest individuals who have not paid their rent. The company also allegedly does not allow individuals to pay their rent with money orders, requiring people without bank accounts to go to a Walmart or other “cash express company” to make payments.

COLLECTION AGENCY ACCIDENTALLY SENDS OUT LETTERS TO PATIENTS

  • About 10,000 former patients at MaineGeneral Medical Center received collection letters from a collections agency saying they owed money, when in fact they did not. The letters were sent out as a result of a “technical” error.

WORTH NOTING: One of the companies hit hardest by the racial protests in Virginia last week? The maker of Tiki torches … Nearly 25% of President Trump’s weeks in office have been his “worst weeks” … How making vacations mandatory improved productivity at one company … Nine of the 16 charity events planned for President Trump’s resort in Florida have been moved to a different location … The procrastinator’s guide to today’s eclipse … Where traffic will be the worst for today’s eclipse … If you invested $45,000 in Google when it went public, you’d be a millionaire today … A+ apps for going back to school … The five biggest lies in advertisements for automobiles … As many as 10 sailors are missing after a Navy destroyer collided with a tanker ship in Singapore.

RIP Jerry Lewis

Trying the world’s most expensive grilled cheese sandwich

The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs, and collection agencies worldwide. 

Related

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Daily Digest – August 18. Fifth Defendant Pleads Guilty in Collection Scam; CFPB, AGs Reach $183M Settlement Over Student Loans

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Daily Digest – August 22. Appeals Court Reverses Decision in Collection Letter Dispute; Lawsuit Offers Glimpse Into How Retail Giant Collects Its Debts

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