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Home Daily Digest

Daily Digest – April 24. Judge Grants MSJ For Plaintiff, Certifies Class in FDCPA Letter Suit; Investors Anxious For Proposed Collection Rule

mikegibb by mikegibb
April 24, 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.

JUDGE GRANTS MSJ FOR PLAINTIFF, CERTIFIES CLASS IN FDCPA LETTER SUIT

  • A District Court judge in Pennsylvania has awarded summary judgment to a plaintiff and certified her suit as a class action after she alleged a collection agency violated the Fair Debt Collection Practices Act by not being clear enough in a collection letter.

INVESTORS ANXIOUS FOR PROPOSED COLLECTION RULE TO ASSESS IMPACT ON VALUATIONS

  • Investors and entities that are looking to acquire companies in the credit and collection space are anxiously awaiting the release of a proposed debt collection rule from the Consumer Financial Protection Bureau so they can assess the impact that it will have on the valuation of potential acquisition or investment targets, Michael Lamm from Corporate Advisory Solutions says during the latest episode of the ARM M&A Deal Talk podcast.

CFPB TO INCLUDE MORE DETAILS WHEN SENDING CIDs

  • When letting you know that it’s investigating you, the Consumer Financial Protection Bureau is going to start sharing some more information about what they think you might have done wrong.

PDCFLOW, NATIONAL CREDITORS BAR ASSOCIATION PARTNER TO BENEFIT NCBA MEMBERS

  • Accounts Receivable payment hub PDCflow announces a new partnership with National Creditors Bar Association. Through this relationship, the company becomes the official document and payment workflow software of NCBA. As a result, all members of the trade association will now be eligible for a 20% discount on PDCflow’s software services.

WORTH NOTING: A whole whack of new words, including swole and buzzy have been added to the dictionary … Chalking tires to check for parking violations is now unconstitutional … Checking in on the NFL’s biggest draft busts … How Cookie Monster broke his iPhone addiction … A high school in Houston has announced a dress code for parents … How hackable are your passwords? … How family tree forensics is helping fight crimes … Eight places where it’s so cheap to live, you might not need to work.

“Captain Marvel” was good, don’t get me wrong … But 116 times?

Would you walk on these bridges?

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 GRANTS MSJ FOR PLAINTIFF, CERTIFIES CLASS IN FDCPA LETTER SUIT

  • A District Court judge in Pennsylvania has awarded summary judgment to a plaintiff and certified her suit as a class action after she alleged a collection agency violated the Fair Debt Collection Practices Act by not being clear enough in a collection letter.

INVESTORS ANXIOUS FOR PROPOSED COLLECTION RULE TO ASSESS IMPACT ON VALUATIONS

  • Investors and entities that are looking to acquire companies in the credit and collection space are anxiously awaiting the release of a proposed debt collection rule from the Consumer Financial Protection Bureau so they can assess the impact that it will have on the valuation of potential acquisition or investment targets, Michael Lamm from Corporate Advisory Solutions says during the latest episode of the ARM M&A Deal Talk podcast.

CFPB TO INCLUDE MORE DETAILS WHEN SENDING CIDs

  • When letting you know that it’s investigating you, the Consumer Financial Protection Bureau is going to start sharing some more information about what they think you might have done wrong.

PDCFLOW, NATIONAL CREDITORS BAR ASSOCIATION PARTNER TO BENEFIT NCBA MEMBERS

  • Accounts Receivable payment hub PDCflow announces a new partnership with National Creditors Bar Association. Through this relationship, the company becomes the official document and payment workflow software of NCBA. As a result, all members of the trade association will now be eligible for a 20% discount on PDCflow’s software services.

WORTH NOTING: A whole whack of new words, including swole and buzzy have been added to the dictionary … Chalking tires to check for parking violations is now unconstitutional … Checking in on the NFL’s biggest draft busts … How Cookie Monster broke his iPhone addiction … A high school in Houston has announced a dress code for parents … How hackable are your passwords? … How family tree forensics is helping fight crimes … Eight places where it’s so cheap to live, you might not need to work.

“Captain Marvel” was good, don’t get me wrong … But 116 times?

Would you walk on these bridges?

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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