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Home Daily Digest

Daily Digest – December 17. Frost-Arnett Expanding in Kentucky; Judge Cuts Attorneys Fees Request in Half Following FDCPA Settlement

mikegibb by mikegibb
December 18, 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.

FROST-ARNETT EXPANDING IN KENTUCKY

  • Frost-Arnett has announced it is opening up a new office in Campbellsville, Kentucky and will hire an additional 135 employees to staff the facility. Purchasing and renovating the new office will cost nearly $3 million.

JUDGE CUTS ATTORNEYS FEES REQUEST IN HALF FOLLOWING FDCPA SETTLEMENT

  • A federal judge in New York has cut the amount sought by plaintiff’s attorneys in a collection case in half, ruling that the work expended by the lawyers was “excessive.”

JIM RICHARDS RESIGNS FROM ACA BOARD; GREGG SWERSKY TAPPED AS REPLACEMENT

  • ACA International announced on Friday that Jim Richards had resigned his seat on the association’s board of directors, effective immediately. He has been replaced by Gregg Swersky, the chief relationship officer at Wakefield & Asscociates in Knoxville, Tenn.

STUDENT LOAN DEBT CONTINUES TO EXPLODE

  • The amount of unpaid student loan debt in the United States has doubled in the past 10 years and now stands at $1.465 trillion, a new record.

FORMER BCFP ACTING DIRECTOR MULVANEY NAMED ACTING CHIEF OF STAFF

  • It didn’t take Mick Mulvaney long to line up another gig.
  • Fresh off his stint as acting director of the Bureau of Consumer Financial Protection, Mulvaney was named acting chief of staff to President Donald Trump on Friday.

WORTH NOTING: Teens love to vape … A new Miss Universe was crowned last night … “Justice” is Merriam-Wesbter’s word of the year … Yet another perk for Amazon Prime members … What you need to know if you haven’t bought an Amazon Echo or Google Home yet … iPhone tricks you wished you knew already … The founder of HQ Trivia has been found dead at the age of 34 … The Mueller investigation is turning a profit … Last-minute gift ideas to help you save Christmas … The mascot for the Chicago Blackhawks got into a fight … The worst passwords of 2018. 

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Which ‘Spider Man’ is best?

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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