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.
MASS. SUPREME JUDICIAL COURT ADOPTS NEW CIVIL PROCEDURE RULES FOR SUITS INVOLVING CREDIT CARD DEBTS
- The Justices of the Supreme Judicial Court in Massachusetts have announced two new rules of civil procedure related to civil actions filed against individuals with unpaid credit card debts. The objective of the new rules is to ensure that individuals who are sued for unpaid credit card debts know the identity of the original creditor.
W.V. SUPREME COURT UPHOLDS SUMMARY JUDGMENT IN COLLECTION CASE
- The Supreme Court of West Virginia has upheld a lower court’s summary judgment ruling in favor of a plaintiff who alleged that a check cashing company and a collection agency representing the check cashing company contacted her after she filed for bankruptcy protection.
FAMILIES THAT GO INTO DEBT TOGETHER, STAY IN DEBT TOGETHER: RESEARCH
- Once in financial trouble, usually in financial trouble. That is likely the case for most households, according to data released by researchers at the Federal Reserve Bank of St. Louis. In looking at instances where an individual has filed for bankruptcy protection in the past five years, the researchers found that those people are about twice as likely as the average individual to be in financial distress today.
NAVIENT ACTIVIST INVESTORS HAVE PROPOSAL SHOT DOWN AT COMPANY’S ANNUAL MEETING
- Sparks were flying at Navient’s annual meeting yesterday in Delaware. Investors, upset at the company’s falling stock price, were pressuring the company for more details about how it services the students loans in its portfolio, accusing Navient of being too aggressive in is approach.
WORTH NOTING: Why your health insurer doesn’t care about the size of your bill … I guess there’s a reason why he’s a firefighter and not a math teacher … For those with a lot of time on your hands that will be covered in butter: 50 movies to see this summer … Breaking down the pay of CEOs by looking at the compensation packages of six specific bosses … The best way to win is to know when to quit … For everyone who is worried that Alexa is listening to everything you say … You can make the businessman a president but you can’t stop him from being a businessman … A candidate to be the next governor of Georgia writes about why being $200,000 in debt should not disqualify her … If you prefer to stay inside and enjoy the long weekend, here are some shows you can binge before going back to work on Tuesday … The 22 best national parks … I linked to the best ones a few days ago, so here are the most controversial commencement speeches of 2018.
Why you don’t like the sound of your own voice
Maybe you’ll like the sound of his voice better
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.
