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Home Daily Digest

Daily Digest – July 30. Ill. Gov. Signs Post-Judgment Interest Bill Into Law; Calif. Appeals Court Rules Right-to-Cure Provision of RFDCPA Applies to Letter Issue

mikegibb by mikegibb
July 30, 2019
in Daily Digest
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ILLINOIS GOV. SIGNS BILL LOWERING POST-JUDGMENT INTEREST, COLLECTION PERIOD, INTO LAW

  • J.B. Pritzker, the governor of Illinois, yesterday signed a bill into law that will reduce the amount of time and the amount of interest that can be collected on judgments, in an attempt to “give real relief” to individuals trying to pay down their debts, the governor said.

CALIF. APPEALS COURT RULES RIGHT-TO-CURE PROVISION OF RFDCPA CAN APPLY TO POINT-SIZE PROBLEMS IN LETTERS

  • In a non-precedential unpublished opinion, the California Court of Appeals has ruled that the right-to-cure provision in the Rosenthal Fair Debt Collection Practices Act can be applied to alleged violations where the type size of a collection letter is too small, but nonetheless reversed a lower court’s ruling dismissing the case because a motion for summary judgment drafted by the defendant went too far.

COLLECTION SCAM RINGLEADER SENTENCED TO FOUR YEARS IN PRISON

  • The alleged ringleader of a debt collection scam has been sentenced to four years in prison after pleading guilty to charges he and his employees induced more than 200 victims to make payments on fictitious debts.

FTC LAUNCHES NEW WEBSITE WITH DATA ABOUT DNC, ROBOCALL COMPLAINTS

  • The Federal Trade Commission announced a broad, new initiative yesterday, launching a new website that can be used to make its Do Not Call registry more transparent and available.

DATA BREACH AT CAP ONE EXPOSES PERSONAL INFORMATION OF 100M INDIVIDUALS

  • A former software engineer for Amazon Web Services has been arrested and charged with hacking into the cloud-based servers for Capital One Financial Corp., and stealing the personal information of more than 100 million individuals.

WORTH NOTING: Your guide to tonight’s Democratic presidential debate … Students in Ohio were charged after pranking a teacher they knew to have a deadly banana allergy … The best and worst school systems in every state … Maybe trying to take home a missile launcher as a souvenir wasn’t the best idea … Traits to help you get hired … Some red flags about the state of the stock market … More funerals are being livestreamed … Katy Perry copied a Christian rap song, a jury has decided.

Testing if sharks can smell blood

Why Americans spend so much on their pets

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. 

ILLINOIS GOV. SIGNS BILL LOWERING POST-JUDGMENT INTEREST, COLLECTION PERIOD, INTO LAW

  • J.B. Pritzker, the governor of Illinois, yesterday signed a bill into law that will reduce the amount of time and the amount of interest that can be collected on judgments, in an attempt to “give real relief” to individuals trying to pay down their debts, the governor said.

CALIF. APPEALS COURT RULES RIGHT-TO-CURE PROVISION OF RFDCPA CAN APPLY TO POINT-SIZE PROBLEMS IN LETTERS

  • In a non-precedential unpublished opinion, the California Court of Appeals has ruled that the right-to-cure provision in the Rosenthal Fair Debt Collection Practices Act can be applied to alleged violations where the type size of a collection letter is too small, but nonetheless reversed a lower court’s ruling dismissing the case because a motion for summary judgment drafted by the defendant went too far.

COLLECTION SCAM RINGLEADER SENTENCED TO FOUR YEARS IN PRISON

  • The alleged ringleader of a debt collection scam has been sentenced to four years in prison after pleading guilty to charges he and his employees induced more than 200 victims to make payments on fictitious debts.

FTC LAUNCHES NEW WEBSITE WITH DATA ABOUT DNC, ROBOCALL COMPLAINTS

  • The Federal Trade Commission announced a broad, new initiative yesterday, launching a new website that can be used to make its Do Not Call registry more transparent and available.

DATA BREACH AT CAP ONE EXPOSES PERSONAL INFORMATION OF 100M INDIVIDUALS

  • A former software engineer for Amazon Web Services has been arrested and charged with hacking into the cloud-based servers for Capital One Financial Corp., and stealing the personal information of more than 100 million individuals.

WORTH NOTING: Your guide to tonight’s Democratic presidential debate … Students in Ohio were charged after pranking a teacher they knew to have a deadly banana allergy … The best and worst school systems in every state … Maybe trying to take home a missile launcher as a souvenir wasn’t the best idea … Traits to help you get hired … Some red flags about the state of the stock market … More funerals are being livestreamed … Katy Perry copied a Christian rap song, a jury has decided.

Testing if sharks can smell blood

Why Americans spend so much on their pets

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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