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Home Daily Digest

Daily Digest – August 9. Net Income Drops at PRA Group; Judge Denies Dual MSJ Requests Over Disputed Account

mikegibb by mikegibb
August 9, 2019
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NET INCOME DROPS AT PRA GROUP AS LEGAL COLLECTIONS, PAYMENT PLAN OFFERINGS INCREASE

  • Net income at PRA Group dropped slightly to $18.6 million during the second quarter of 2019, down from $19.6 million during the same quarter of last year, the company announced yesterday. The company announced a record amount of collections — $470.3 million, or 16% higher than the second quarter of last year, driven largely by an increase in the legal collections channel, a trend that company executives say will continue into the future.

JUDGE DENIES DUAL MSJ REQUESTS IN CASE OVER FAILURE TO MARK ACCOUNT AS DISPUTED

  • A District Court judge in Michigan has denied requests for summary judgment from both the plaintiff and the defendant in a case in which the defendant is accused of violating the Fair Debt Collection Practices Act by allegedly failing to mark an account as disputed, and the judge says it is up to a jury to decide whether the defendant made a bona fide error.

JUDGE DISMISSES TCPA CLAIM BECAUSE PLAINTIFF COULDN’T PROVE CONSENT WAS REVOKED

  • Saying you revoked consent to be contacted on your cell phone by an automated telephone dialing system is not going to be enough to keep your claims that someone violated the Telephone Consumer Protection Act from being dismissed, at least in Ohio, following a ruling from a District Court judge.

OKLAHOMA HOSPITALS SPOTLIGHTED FOR ‘AGGRESSIVE’ TACTIC OF SUING OVER UNPAID DEBTS

  • Another published report — this time out of Oklahoma — is accusing hospitals, especially non-profit ones, of being too aggressive in their collection tactics by suing individuals with unpaid medical debts.

WORTH NOTING: Major League Baseball, like Shoeless Joe Jackson, is coming to Iowa … I don’t think this sister is going to get a nice Christmas gift this year … The strangest items in Tiger Woods’s golf bag … Chase bank forgave credit card debts for some Canadians … Three ways to spot toxic employees … Hackers need just one text message to break into an iPhone … Alarm clocks for every type of sleeper … One of the most famous cheaters ever has died.

What happens to your body when you lie

Funny Friday

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. 

NET INCOME DROPS AT PRA GROUP AS LEGAL COLLECTIONS, PAYMENT PLAN OFFERINGS INCREASE

  • Net income at PRA Group dropped slightly to $18.6 million during the second quarter of 2019, down from $19.6 million during the same quarter of last year, the company announced yesterday. The company announced a record amount of collections — $470.3 million, or 16% higher than the second quarter of last year, driven largely by an increase in the legal collections channel, a trend that company executives say will continue into the future.

JUDGE DENIES DUAL MSJ REQUESTS IN CASE OVER FAILURE TO MARK ACCOUNT AS DISPUTED

  • A District Court judge in Michigan has denied requests for summary judgment from both the plaintiff and the defendant in a case in which the defendant is accused of violating the Fair Debt Collection Practices Act by allegedly failing to mark an account as disputed, and the judge says it is up to a jury to decide whether the defendant made a bona fide error.

JUDGE DISMISSES TCPA CLAIM BECAUSE PLAINTIFF COULDN’T PROVE CONSENT WAS REVOKED

  • Saying you revoked consent to be contacted on your cell phone by an automated telephone dialing system is not going to be enough to keep your claims that someone violated the Telephone Consumer Protection Act from being dismissed, at least in Ohio, following a ruling from a District Court judge.

OKLAHOMA HOSPITALS SPOTLIGHTED FOR ‘AGGRESSIVE’ TACTIC OF SUING OVER UNPAID DEBTS

  • Another published report — this time out of Oklahoma — is accusing hospitals, especially non-profit ones, of being too aggressive in their collection tactics by suing individuals with unpaid medical debts.

WORTH NOTING: Major League Baseball, like Shoeless Joe Jackson, is coming to Iowa … I don’t think this sister is going to get a nice Christmas gift this year … The strangest items in Tiger Woods’s golf bag … Chase bank forgave credit card debts for some Canadians … Three ways to spot toxic employees … Hackers need just one text message to break into an iPhone … Alarm clocks for every type of sleeper … One of the most famous cheaters ever has died.

What happens to your body when you lie

Funny Friday

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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Previous Post

Judge Dismisses TCPA Claim Because Plaintiff Couldn’t Prove Consent was Revoked

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