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Home Daily Digest

Daily Digest – March 28. Getting to Know Steven Fuernstahl of Stoneleigh Recovery Associates; Judge Rules on MSJ in CFPB Case Against ‘Phantom’ Collectors

mikegibb by mikegibb
March 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 STEVEN FUERNSTAHL OF STONELEIGH RECOVERY ASSOCIATES

  • Of all the people who have participated in this profile, and possibly all the people in the credit and collection industry, Steven Fuernstahl might have had the most inauspicious start imaginable. But, despite only lasting three hours at his first collections job, Steven did not give up — thanks to what he describes as his “ultra-competitive” streak — and now, 28 years later, look at how far he has come. Read on to learn more about Steven and how he really doesn’t feel guilty about his guilty pleasure.

JUDGE RULES ON MSJ IN CFPB CASE AGAINST ‘PHANTOM’ DEBT COLLECTORS

  • A District Court judge in Georgia has granted summary judgment in part and denied it in part in a lawsuit filed by the Consumer Financial Protection Bureau against a group of individuals and companies for engaging in a “robocall phantom debt collection scheme.”

JUDGE GRANTS MSJ FOR DEFENSE OVER USING RETAILER NAME IN LETTER INSTEAD OF ACTUAL CREDITOR

  • A District Court judge in Florida has granted summary judgment in favor of a defendant that was sued for violating the Fair Debt Collection Practices Act because it used a retailer’s name in a collection letter attempting to collect on an unpaid credit card debt and not the actual issuer of the credit card.

ELEVENTH CIRCUIT RULES MORTGAGE STATEMENTS NOT COLLECTION NOTICES UNDER FDCPA

  • The Court of Appeals for the Eleventh Circuit has affirmed a lower court’s ruling that a mortgage statement is not the same as a communication from a debt collector and that the statements violated the Fair Debt Collection Practices Act because they attempted to collect on a debt that was beyond the five year statute of limitations in Florida.

TRACKING DOWN THE ROBOCALL ‘KING’

  • Adrian Abramovich is described as the robocall “king” and has been fined $120 million by the Federal Communications Commission for making more than 100 million robocalls. WIRED Magazine gives Abramovich the deep-dive treatment, going into detail about how he was caught and giving him a chance to share his side of the story.

BILLINGTREE ADDS PROVEN CHIEF OPERATING OFFICER TERRI HARWOOD TO EXECUTIVE LEADERSHIP TEAM

  • BillingTree®, the payment problem solvers™, today announced Terri Harwood has been appointed Chief Operating Officer. In this newly created position, Ms. Harwood will lead BillingTree Operations during a period of rapid growth.

WORTH NOTING: Somebody in Wisconsin is $768 million richer this morning … I didn’t go to Costco, but I saw an article about “hot Costco dad” and secretly hoped it was referring to me … Passengers on Wow Air flights might want to think about re-booking with another airline … The joy of an empty email inbox … The power of video sales letters … Today is like Christmas Day for baseball fans … The scientific reason companies reward incompetent bosses … Avocado Toast is now a paint color.

More on Verizon’s robocall blocking service

Dishwasher hacks

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 STEVEN FUERNSTAHL OF STONELEIGH RECOVERY ASSOCIATES

  • Of all the people who have participated in this profile, and possibly all the people in the credit and collection industry, Steven Fuernstahl might have had the most inauspicious start imaginable. But, despite only lasting three hours at his first collections job, Steven did not give up — thanks to what he describes as his “ultra-competitive” streak — and now, 28 years later, look at how far he has come. Read on to learn more about Steven and how he really doesn’t feel guilty about his guilty pleasure.

JUDGE RULES ON MSJ IN CFPB CASE AGAINST ‘PHANTOM’ DEBT COLLECTORS

  • A District Court judge in Georgia has granted summary judgment in part and denied it in part in a lawsuit filed by the Consumer Financial Protection Bureau against a group of individuals and companies for engaging in a “robocall phantom debt collection scheme.”

JUDGE GRANTS MSJ FOR DEFENSE OVER USING RETAILER NAME IN LETTER INSTEAD OF ACTUAL CREDITOR

  • A District Court judge in Florida has granted summary judgment in favor of a defendant that was sued for violating the Fair Debt Collection Practices Act because it used a retailer’s name in a collection letter attempting to collect on an unpaid credit card debt and not the actual issuer of the credit card.

ELEVENTH CIRCUIT RULES MORTGAGE STATEMENTS NOT COLLECTION NOTICES UNDER FDCPA

  • The Court of Appeals for the Eleventh Circuit has affirmed a lower court’s ruling that a mortgage statement is not the same as a communication from a debt collector and that the statements violated the Fair Debt Collection Practices Act because they attempted to collect on a debt that was beyond the five year statute of limitations in Florida.

TRACKING DOWN THE ROBOCALL ‘KING’

  • Adrian Abramovich is described as the robocall “king” and has been fined $120 million by the Federal Communications Commission for making more than 100 million robocalls. WIRED Magazine gives Abramovich the deep-dive treatment, going into detail about how he was caught and giving him a chance to share his side of the story.

BILLINGTREE ADDS PROVEN CHIEF OPERATING OFFICER TERRI HARWOOD TO EXECUTIVE LEADERSHIP TEAM

  • BillingTree®, the payment problem solvers™, today announced Terri Harwood has been appointed Chief Operating Officer. In this newly created position, Ms. Harwood will lead BillingTree Operations during a period of rapid growth.

WORTH NOTING: Somebody in Wisconsin is $768 million richer this morning … I didn’t go to Costco, but I saw an article about “hot Costco dad” and secretly hoped it was referring to me … Passengers on Wow Air flights might want to think about re-booking with another airline … The joy of an empty email inbox … The power of video sales letters … Today is like Christmas Day for baseball fans … The scientific reason companies reward incompetent bosses … Avocado Toast is now a paint color.

More on Verizon’s robocall blocking service

Dishwasher hacks

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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