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Home Daily Digest

Daily Digest – February 28. Getting to Know Adam Wood of GCS Credit Community; Judge Grants Motion to Dismiss in FDCPA Overshadowing Case

mikegibb by mikegibb
February 28, 2019
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The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com.

GETTING TO KNOW ADAM WOOD OF GCS CREDIT COMMUNITY

  • For the first time, the Getting to Know profile goes Down Under. Even though he’s from the other side of the world, Adam Wood from GCS Credit Community is well-known in the credit and collection space on this side of the globe. Ambitious and passionate about this industry to a fault, Adam has big plans for where he hopes to take global credit and collections. Read on to learn more about Adam and maybe learn a little bit about Australian Rules Football, too.

JUDGE GRANTS MOTION TO DISMISS IN FDCPA OVERSHADOWING CASE

  • A District Court judge in Illinois has granted a motion to dismiss after a collection agency was sued by a plaintiff for allegedly violating the Fair Debt Collection Practices Act by leaving a voicemail during the 30-day validation period that overshadowed her right to dispute the debt, even though the voicemail did not demand immediate payment.

ENCORE CAPITAL ANNOUNCES RECORD PROFITS FOR 2018

  • There has been a slight “softness” in the normal collections during income tax season, noted Ashish Masih, the president and chief executive officer of Encore Capital, possibly tied to the month-long government shutdown as well as changes to the tax code, during a conference call held yesterday to discuss the company’s fourth quarter and 2018 full-year earnings report.

BILL INTRODUCED IN CALIF. LEGISLATURE TO KEEP COLLECTORS FROM EMPTYING BANK ACCOUNTS

  • A bill has been introduced in the California legislature that would protect $2,000 from being garnished from an individual’s bank account in the event a judgment has been awarded.

WORTH NOTING: Takeaways from Michael Cohen’s testimony before Congress yesterday … You have to love customers at a buffet using tongs as weapons in a fight over crab legs … LinkedIn has a new salary tool … The breakthrough technologies of 2019, according to Bill Gates … Going to have to take a second look at my daughter using TikTok after reading this … More pedestrians are dying … Why layoffs hit women and minorities the hardest … The number one regret of homebuyers … Two communities in Northern California became islands thanks to a deluge of rain … Car loan delinquencies, and monthly payments, keep rising.

For fans of “Game of Thrones” and Oreos

Turning to work to find meaning in life

The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com. 

The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com.

GETTING TO KNOW ADAM WOOD OF GCS CREDIT COMMUNITY

  • For the first time, the Getting to Know profile goes Down Under. Even though he’s from the other side of the world, Adam Wood from GCS Credit Community is well-known in the credit and collection space on this side of the globe. Ambitious and passionate about this industry to a fault, Adam has big plans for where he hopes to take global credit and collections. Read on to learn more about Adam and maybe learn a little bit about Australian Rules Football, too.

JUDGE GRANTS MOTION TO DISMISS IN FDCPA OVERSHADOWING CASE

  • A District Court judge in Illinois has granted a motion to dismiss after a collection agency was sued by a plaintiff for allegedly violating the Fair Debt Collection Practices Act by leaving a voicemail during the 30-day validation period that overshadowed her right to dispute the debt, even though the voicemail did not demand immediate payment.

ENCORE CAPITAL ANNOUNCES RECORD PROFITS FOR 2018

  • There has been a slight “softness” in the normal collections during income tax season, noted Ashish Masih, the president and chief executive officer of Encore Capital, possibly tied to the month-long government shutdown as well as changes to the tax code, during a conference call held yesterday to discuss the company’s fourth quarter and 2018 full-year earnings report.

BILL INTRODUCED IN CALIF. LEGISLATURE TO KEEP COLLECTORS FROM EMPTYING BANK ACCOUNTS

  • A bill has been introduced in the California legislature that would protect $2,000 from being garnished from an individual’s bank account in the event a judgment has been awarded.

WORTH NOTING: Takeaways from Michael Cohen’s testimony before Congress yesterday … You have to love customers at a buffet using tongs as weapons in a fight over crab legs … LinkedIn has a new salary tool … The breakthrough technologies of 2019, according to Bill Gates … Going to have to take a second look at my daughter using TikTok after reading this … More pedestrians are dying … Why layoffs hit women and minorities the hardest … The number one regret of homebuyers … Two communities in Northern California became islands thanks to a deluge of rain … Car loan delinquencies, and monthly payments, keep rising.

For fans of “Game of Thrones” and Oreos

Turning to work to find meaning in life

The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com. 

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