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.
ACCOUNTSRECOVERY, MAURICE WUTSCHER LAUNCH PODCAST
- AccountsRecovery.net has launched its first podcast. Featuring Eric Rosenkoetter and Brent Yarborough from the law firm of Maurice Wutscher, “The Least Sophisticated Podcast” will analyze and provide perspective on important compliance-related topics for the ARM industry, but in a way that you don’t always hear from lawyers. Learn more here.
MORE THAN 25% OF INDIVIDUALS HAVE HAD MEDICAL DEBT TURNED OVER TO COLLECTION AGENCY IN PAST 12 MONTHS: SURVEY
- More than 25% of individuals have had a medical bill turned over to a collection agency in the past 12 months, according to the results of a survey that were released yesterday. The survey was conducted by NORC at the University of Chicago, a non-partisan research institution. More Americans are actually afraid of paying for medical care than they are of getting sick in the first place, according to the survey.
IRS OVERHAUL BILL INCLUDES LIMITS ON TYPES OF ACCOUNTS THAT CAN BE PLACED WITH THIRD-PARTY AGENCIES
- A bill has been introduced in the House of Representatives aimed at overhauling the Internal Revenue Service and while it does not do much to the agency’s private collection agency plan, it does include some provisions that would reduce the number of cases available to be outsourced to third-party agencies.
BANKRUPTCY PROCEEDING NOT SUBJECT TO ARBITRATION, APPEALS COURT RULES
- The Court of Appeals for the Second Circuit has upheld a lower court’s ruling that a refusal to remove a charge-off notation from the credit report of an individual who had the debt discharged in bankruptcy is a matter that is not subject to an arbitration agreement in a cardholder agreement.
WORTH NOTING: An ice cream company is in the spotlight over its use of a questionable name … The best hotel chains for every type of budget … The red flags that the IRS is looking for this tax season … The owner of a waterpark where a 10-year was decapitated has been arrested for ignoring major design flaws … A bill being considered in New York City would make it illegal for employers to require employees to check email outside of normal work hours … Experts share their public speaking tips … The craziest excuses from people who were late for work … A lucky bounce helped Dustin Johnson hit a drive more than a quarter of a mile … Students are using their student loan money for investing in bitcoin and other cryptocurrencies … How sports leagues are pushing junk food on kids … Linda Brown, who helped bring an end to school segregation, has died … A citizenship question will be on the 2020 Census.
This reunion made me very happy
Should companies always tell the truth?
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.
