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.
JUDGE RULES IN FAVOR OF WELTMAN IN CFPB CASE, SAYS ATTORNEYS WERE MEANINGFULLY INVOLVED
- A federal judge in Ohio has ruled in favor of a law firm that was sued by the Bureau of Consumer Financial Protection for violating the Fair Debt Collection Practices Act and the Consumer Financial Protection Act by misrepresenting the amount of attorney involvement in letters and calls made to individuals with unpaid debts.
JUDGE DEINES CLASS CERTIFICATION IN FDCPA CASE BECAUSE NAMED PLAINTIFF TURNED DOWN SETTLEMENT
- A federal judge in New York has denied class action certification in a Fair Debt Collection Practices Act case because the named plaintiff is not an adequate representative of the proposed class because he turned down an offer to pay the damages in full.
ADVOCACY GROUP SUES BCFP OVER KRANINGER EMAILS, RECORDS
- Allied Progress, a consumer advocacy group, has filed a lawsuit against the Office of Management and Budget and the Bureau of Consumer Financial Protection, alleging the agencies have violated the Freedom of Information Act by not providing information requested by the group related to the nomination of Kathy Kraninger to be the next director of the BCFP.
REPORT HIGHLIGHTS WHY INDIANA RESIDENTS ARE COMPLAINING ABOUT DEBT COLLECTIONS
- An advocacy group in Indiana has issued a report highlighting “problems with the current collection process” and making a series of recommendations, including improving delinquency notice adequacy, accuracy, and timeliness.
WORTH NOTING: DNA testing has identified another victim in the 9/11 attacks, nearly 17 years after they occurred … A broken gear on a $13 billion aircraft carrier is going to cost $30 million to fix … Facebook had a rough day yesterday … Open plan offices make workplaces more toxic … A lake of liquid water has been found on Mars … Why $5 has become a magic price in the world of fast food … A professor says Facebook should pay more taxes because it’s making us less productive … Mattel is cutting 2,200 jobs … The housing market appears to be slowing down fast … Linking to this because it’s worth the read but also because it happened one town over from where I live … How you can command a room without saying a word.
A video they talked about during a session on improving employee performance at ACA’s conference
Hacks to help make the best burger
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.
