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.
JUDGE DENIES MOTION TO DISMISS OVER TAX LANGUAGE IN COLLECTION LETTER
- In a case first highlighted by Smith Debnam a District Court judge in New York has denied a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act by indicating that settling a debt for less than the full amount “may” have tax consequences for the plaintiff.
JUDGE LOWERS PUNITIVE DAMAGES IN FCRA CASE FROM $3 MILLION TO $490K
- A District Court judge in Alabama has reduced the punitive damages awarded by a jury to a plaintiff whose credit history was mis-reported to $490,000, from $3 million.
STAFFING AT ED. DEPT., COLLECTION AGENCIES, CAUSING PROBLEMS FOR STUDENT LOAN BORROWERS
- The Department of Education — and some of the private collection agencies it uses to collect on unpaid student loans — are understaffed and that is causing a customer service problem for individuals who are seeking information about why their tax refunds are being withheld to cover unpaid debts, according to a published report.
KRANINGER ANNOUNCES CHANGES TO CFPB BOARDS; CAB LOOKING FOR COLLECTION EXPERTS
- The Consumer Financial Protection Bureau announced a number of changes to its advisory boards yesterday, and announced it is looking for experts in debt collections, among other areas.
WORTH NOTING: The highest-paid coaches in the NCAA mens basketball tournament … Jimmy Carter became the longest-living president in history yesterday … More younger people are single than ever before … What science says you should do to have a productive work day … Have you taken the Florida man challenge yet? … Former CFPB Director Richard Cordray had some harsh words for the Trump administration … Ten things never to apologize for again … “Snowplow” parents are now calling their kids’ employers to help get them out of trouble.
How to say no and not feel guilty
Funny Friday (definitely NSFW language in here)
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.
JUDGE DENIES MOTION TO DISMISS OVER TAX LANGUAGE IN COLLECTION LETTER
- In a case first highlighted by Smith Debnam a District Court judge in New York has denied a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act by indicating that settling a debt for less than the full amount “may” have tax consequences for the plaintiff.
JUDGE LOWERS PUNITIVE DAMAGES IN FCRA CASE FROM $3 MILLION TO $490K
- A District Court judge in Alabama has reduced the punitive damages awarded by a jury to a plaintiff whose credit history was mis-reported to $490,000, from $3 million.
STAFFING AT ED. DEPT., COLLECTION AGENCIES, CAUSING PROBLEMS FOR STUDENT LOAN BORROWERS
- The Department of Education — and some of the private collection agencies it uses to collect on unpaid student loans — are understaffed and that is causing a customer service problem for individuals who are seeking information about why their tax refunds are being withheld to cover unpaid debts, according to a published report.
KRANINGER ANNOUNCES CHANGES TO CFPB BOARDS; CAB LOOKING FOR COLLECTION EXPERTS
- The Consumer Financial Protection Bureau announced a number of changes to its advisory boards yesterday, and announced it is looking for experts in debt collections, among other areas.
WORTH NOTING: The highest-paid coaches in the NCAA mens basketball tournament … Jimmy Carter became the longest-living president in history yesterday … More younger people are single than ever before … What science says you should do to have a productive work day … Have you taken the Florida man challenge yet? … Former CFPB Director Richard Cordray had some harsh words for the Trump administration … Ten things never to apologize for again … “Snowplow” parents are now calling their kids’ employers to help get them out of trouble.
How to say no and not feel guilty
Funny Friday (definitely NSFW language in here)
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.
