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Home Daily Digest

Daily Digest – January 31. Collection Agency Exec’s Son Heading to Winter Olympics; ACA Whitepaper Analyzes CFPB Collection Complaints

mikegibb by mikegibb
January 31, 2018
in Daily Digest
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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.

 

COLLECTION AGENCY EXEC’S SON HEADING TO WINTER OLYMPICS

  • Casey Larson, the son of Meg Scotty, the president of Brennan & Clark, a commercial collection agency based in Villa Park, Ill., will represent the United States in ski jumping at the upcoming Winter Olympics in Pyeongchang, South Korea. Larson, 19, will be competing in his first Olympic Games. He secured his spot earlier this month.

 

ACA WHITEPAPER ANALYZES COLLECTION COMPLAINTS FILED WITH CFPB

  • ACA International has released a timely whitepaper, analyzing the collection-related complaints filed by consumers with the Consumer Financial Protection Bureau. ACA’s analysis indicates a marked lack of context when it comes the complaints. In light of comments made by CFPB acting director Mick Mulvaney, those complaints are going to become much more important in the near future.

 

STATES FINE AGENCY FOR IMPROPER HANDLING OF UNCLAIMED FUNDS, FAILING TO GIVE MINI-MIRANDA

  • From Barron & Newburger: Two states have jointly entered into a consent agreement with a collection agency related to how it handled unclaimed funds. Separately, the Minnesota Department of Commerce fined five separate collection agencies for failing to provide the “mini-Miranda” warning as required under the Fair Debt Collection Practices Act.

 

CONIFER CLOSING DEBT COLLECTION OPERATION AT N.C. HOSPITAL

  • Conifer Health Solutions, a unit of Tenet Healthcare, will lay off more than 80 workers as it plans to stop its debt collection operation at Frye Regional Medical Center in Hickory, N.C., according to a published report.

WORTH NOTING: Some reviews, summaries, and fact checking from last night‘s State of the Union address … The State of the Union in four minutes … If that is too long, here is the three-minute version … And a transcript if you prefer to read … How the late night talk shows reacted … What 100 CEOs are saying about President Trump’s first 12 months in office … The super blue blood moon was something to see … Amazon, JPMorgan, and Berkshire Hathaway are teaming up to reduce healthcare costs … A big trade in the NFL … There were six quarterbacks taken before Tom Brady when he was drafted. Here is where they are now … Fifteen questions to use during your next job interview to nail the right candidate … FedEx is investing $3.2 billion in jobs and facilities.

Why groundhogs are used to predict the weather

“Ant-Man and the Wasp” trailer

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.

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