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Home Daily Digest

Daily Digest – August 7. Debt-Buying Giant Files More Comments, Focusing on Validation Notice; WaPo Goes Deep on Time-Barred Debts

mikegibb by mikegibb
August 7, 2019
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DEBT BUYING GIANT FILES MORE COMMENTS ABOUT PROPOSED RULE, FOCUSING ON VALIDATION NOTICE

  • A new series of comments have been filed about the Consumer Financial Protection Bureau’s proposed debt collection rule from individuals in the credit and collection industry, this time focusing on the proposed model validation notice.

JUDGE DENIES MOTION TO STAY TCPA CASE TO SEE HOW FCC DEFINES AUTODIALER

  • A District Court judge in California has denied a defendant’s motion to stay a case accusing it of violating the Telephone Consumer Protection Act in order to wait for a new definition of automated telephone dialing system from the Federal Communications Commission, ruling that the Ninth Circuit Court of Appeals has already “definitively answered” that question.

M&A ACTIVITY IN ARM INDUSTRY PICKS UP IN 2Q

  • After a fairly slow start to 2019, merger & acquisition activity in the accounts receivable management space picked up in the second quarter, according to data released by Corporate Advisory Solutions.

WAPO GOES DEEP ON TIME-BARRED DEBTS

  • Debts where the statute of limitations have expired are a tricky business. Companies are reluctant to just write off the debt as uncollectible, but the labyrinth of state laws make the collection of such unpaid debts a potential minefield of legal problems.

REPORT RANKS BEST, WORST STATES FOR HEALTHCARE

  • Even though they both have harsh winters in common, Minnesota and Alaska are at opposite ends of the healthcare spectrum, according to a published report, with the Land of 10,000 Lakes topping the list of the states with the best healthcare in the United States.

WORTH NOTING: Who’s ready for the Beverly Hills, 90210 reboot? … While we’re on the subject of former heartthrobs, Mark-Paul Gosselaar shares his biggest regret … For anyone who has about $40 million and wants to live where Tom Brady lived … How to tell if someone is a bad leader … For anyone who wants to know the origin of the Chick-fil-A name … Details on Disney’s new streaming service … The “best job in America” pays $108,000 per year and has a lot of openings … Athletes from the 2012 Olympics are still being caught cheating …

The dangers of eating fast

Closets that will change your 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. 

DEBT BUYING GIANT FILES MORE COMMENTS ABOUT PROPOSED RULE, FOCUSING ON VALIDATION NOTICE

  • A new series of comments have been filed about the Consumer Financial Protection Bureau’s proposed debt collection rule from individuals in the credit and collection industry, this time focusing on the proposed model validation notice.

JUDGE DENIES MOTION TO STAY TCPA CASE TO SEE HOW FCC DEFINES AUTODIALER

  • A District Court judge in California has denied a defendant’s motion to stay a case accusing it of violating the Telephone Consumer Protection Act in order to wait for a new definition of automated telephone dialing system from the Federal Communications Commission, ruling that the Ninth Circuit Court of Appeals has already “definitively answered” that question.

M&A ACTIVITY IN ARM INDUSTRY PICKS UP IN 2Q

  • After a fairly slow start to 2019, merger & acquisition activity in the accounts receivable management space picked up in the second quarter, according to data released by Corporate Advisory Solutions.

WAPO GOES DEEP ON TIME-BARRED DEBTS

  • Debts where the statute of limitations have expired are a tricky business. Companies are reluctant to just write off the debt as uncollectible, but the labyrinth of state laws make the collection of such unpaid debts a potential minefield of legal problems.

REPORT RANKS BEST, WORST STATES FOR HEALTHCARE

  • Even though they both have harsh winters in common, Minnesota and Alaska are at opposite ends of the healthcare spectrum, according to a published report, with the Land of 10,000 Lakes topping the list of the states with the best healthcare in the United States.

WORTH NOTING: Who’s ready for the Beverly Hills, 90210 reboot? … While we’re on the subject of former heartthrobs, Mark-Paul Gosselaar shares his biggest regret … For anyone who has about $40 million and wants to live where Tom Brady lived … How to tell if someone is a bad leader … For anyone who wants to know the origin of the Chick-fil-A name … Details on Disney’s new streaming service … The “best job in America” pays $108,000 per year and has a lot of openings … Athletes from the 2012 Olympics are still being caught cheating …

The dangers of eating fast

Closets that will change your 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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WaPo Goes Deep on Time-Barred Debts

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