The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.
SUPREME COURT DENIES REQUEST TO HEAR ARGUMENTS IN TIME-BARRED LETTER CASE
- The Supreme Court on Tuesday denied to hear arguments in a case in which two lower courts have ruled that Portfolio Recovery Associates violated the Fair Debt Collection Practices Act by not providing enough information about a time-barred debt when sending a collection letter. PRA had argued that split decisions at the District and Appellate court levels had created a need for the Supreme Court to step in and offer a final ruling on the topic.
LAW PROFESSORS COME OUT AGAINST BILL THAT WOULD EXEMPT LAWYERS FROM FDCPA
- A trio of law professors from Texas have come out in opposition to a bill that would exclude law firms and lawyers engaged in legal proceedings from being defined as a debt collector under the Fair Debt Collection Practices Act. Coincidentally enough, the House Financial Services Committee is scheduled to debate the bill today, among a number of other bills that have been introduced.
NAVIENT BLASTS PENNSYLVANIA AG IN MOTION TO DISMISS
- Navient has filed a motion to dismiss a lawsuit brought by the attorney general of Pennsylvania, claiming the state is “piggybacking” off a similar suit filed against the student loan servicing company by the Consumer Financial Protection Bureau. Pennsylvania’s claims are “merely parrot allegations,” which is “impermissible,” Navient argues in its motion to dismiss.
APPEALS COURT AFFIRMS LOWER COURT RULING IN TCPA VICARIOUS LIABILITY TEXT MESSAGE CASE
- The U.S. Court of Appeals for the Ninth Circuit has affirmed a summary judgment in favor of defendants in a class-action lawsuit that were being sued because a company three steps removed from them was guilty of violating the Telephone Consumer Protection Act.
CONVOKE ANNOUNCES NEW FEATURES
- Convoke yesterday announced the latest upgrade to its debt collection platform. Among this year’s upgrades are: expanded auditing capabilities for creditors, support for the auto repossession lifecycle, and easier oversight of collection vendor activity.
WORTH NOTING: Two men have started a campaign to split California into two states … What your LinkedIn profile should look like in 2018 … An interesting discussion: what happens to car insurance as more self-driving cars hit the streets? … The setting on your phone that can help you get more work done … Why saying ‘no’ is the secret to success … Poison control received 12,000 calls last year from people eating laundry pods … The best school district in every state … Why you should never ask someone ‘where are you from?’ … Rising daycare costs are driving women out of the workforce.
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Why borrowing from your 401(k) is a better option than taking from it
The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.
