HOUSE, SENATE LEADERS ANNOUNCE DEAL ON ANTI-ROBOCALL BILL
- A bipartisan group of leaders from the House and Senate announced on Friday that they had joined together and worked out a compromise anti-robocall bill, which will be called the Pallone-Thune TRACED Act.
LAW FIRM ACCUSES CFPB OF MAKING ‘END-RUN’ BY DROPPING CASE, THEN FILING NEW CID
- A collection law firm is seeking judicial intervention after accusing the Consumer Financial Protection Bureau of making an “end-run” by dropping its case against the law firm, only to tell the law firm hours later that it would be sending the firm a new Civil Investigative Demand letter. The CFPB, meanwhile, says the new CID is exactly what the law firm asked for in the first place.
COMPLIANCE DIGEST – READ WHAT THE EXPERTS ARE THINKING
- Click here to read this week’s Compliance Digest, sponsored by Applied Innovation. You’ll get insights and opinions from 10 different compliance experts — Brit Suttell, Stefanie Jackman, Ethan Ostroff, Brent Yarborough, David Kaminski, Laurie Nelson, Rick Perr, Lauren Valenzuela, Helen Mac Murray, and Kelly Knepper-Stephens — discussing the impact of recent court cases and legislative updates. You’re not going to get that kind of varied perspective anywhere else.
SEEING THE FOREST FOR THE TREES
- A really good friend of mine sent me an article last night that he thought was derogatory toward debt collectors because it used the phrase “debt collectors” when the issue was more about local government tax collection. This morning, I came across a different article debating the merits of sending a collection agency after parents who are not paying schools for their kids’ lunches. And, as readers of this site will have seen on a number of occasions in the past few months, those collecting on unpaid hospital debts are in the spotlight for what collection tactics that are being deemed to be too aggressive. Viewing these issues individually may not seem like a big deal, but, I think at least, if you step back and look at these through a wider lens, it’s interesting to see the intersection of debt collection and everyday life occurring on so many different fronts today.
GAO SIGNS OFF ON CFPB’S FINANCIAL STATEMENTS
- For anyone curious about how much it costs to run the Consumer Financial Protection Bureau, a General Accountability Office audit of the agency includes its financial statements from the last two fiscal years.
WORTH NOTING: How to pack for a trip like a pro … How to waste less food … How doctors want to help keep healthcare costs down … How much the impeachment hearings are costing in lost productivity … What you need to know about Google’s most recent algorithm update … Man mistakes brother for deer. You can guess what happened next … How to buy gifts for the hardest people to shop for: your parents … For Kevin Smith fans … Job interview mistakes you don’t know you’re making.
What to do if you’ve been hacked
Music Monday
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.
HOUSE, SENATE LEADERS ANNOUNCE DEAL ON ANTI-ROBOCALL BILL
- A bipartisan group of leaders from the House and Senate announced on Friday that they had joined together and worked out a compromise anti-robocall bill, which will be called the Pallone-Thune TRACED Act.
LAW FIRM ACCUSES CFPB OF MAKING ‘END-RUN’ BY DROPPING CASE, THEN FILING NEW CID
- A collection law firm is seeking judicial intervention after accusing the Consumer Financial Protection Bureau of making an “end-run” by dropping its case against the law firm, only to tell the law firm hours later that it would be sending the firm a new Civil Investigative Demand letter. The CFPB, meanwhile, says the new CID is exactly what the law firm asked for in the first place.
COMPLIANCE DIGEST – READ WHAT THE EXPERTS ARE THINKING
- Click here to read this week’s Compliance Digest, sponsored by Applied Innovation. You’ll get insights and opinions from 10 different compliance experts — Brit Suttell, Stefanie Jackman, Ethan Ostroff, Brent Yarborough, David Kaminski, Laurie Nelson, Rick Perr, Lauren Valenzuela, Helen Mac Murray, and Kelly Knepper-Stephens — discussing the impact of recent court cases and legislative updates. You’re not going to get that kind of varied perspective anywhere else.
SEEING THE FOREST FOR THE TREES
- A really good friend of mine sent me an article last night that he thought was derogatory toward debt collectors because it used the phrase “debt collectors” when the issue was more about local government tax collection. This morning, I came across a different article debating the merits of sending a collection agency after parents who are not paying schools for their kids’ lunches. And, as readers of this site will have seen on a number of occasions in the past few months, those collecting on unpaid hospital debts are in the spotlight for what collection tactics that are being deemed to be too aggressive. Viewing these issues individually may not seem like a big deal, but, I think at least, if you step back and look at these through a wider lens, it’s interesting to see the intersection of debt collection and everyday life occurring on so many different fronts today.
GAO SIGNS OFF ON CFPB’S FINANCIAL STATEMENTS
- For anyone curious about how much it costs to run the Consumer Financial Protection Bureau, a General Accountability Office audit of the agency includes its financial statements from the last two fiscal years.
WORTH NOTING: How to pack for a trip like a pro … How to waste less food … How doctors want to help keep healthcare costs down … How much the impeachment hearings are costing in lost productivity … What you need to know about Google’s most recent algorithm update … Man mistakes brother for deer. You can guess what happened next … How to buy gifts for the hardest people to shop for: your parents … For Kevin Smith fans … Job interview mistakes you don’t know you’re making.
What to do if you’ve been hacked
Music Monday
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.
