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Home Daily Digest

Daily Digest – March 4. House Passes FDCPA Amendment Bill; SCOTUS Hears Arguments in CFPB Case

mikegibb by mikegibb
March 4, 2020
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HOUSE UNANIMOUSLY PASSES BILL TO AMEND FDCPA TO PROVIDE MORE PROTECTIONS TO SERVICEMEMBERS

  • The House of Representatives yesterday unanimously passed a bill that would amend the Fair Debt Collection Practices Act to provide more protection for members of the Armed Forces.

JUSTICES APPEAR DIVIDED OVER HOW TO HANDLE CFPB’S LEADERSHIP STRUCTURE

  • Reading the recaps of yesterday’s Supreme Court hearing which dealt with the constitutionality of the leadership structure of the Consumer Financial Protection Bureau, the most common word used to describe the mindset of the justices was “divided.”

FIFTH CIRCUIT RULES CFPB LEADERSHIP STRUCTURE IS CONSTITUTIONAL

  • While the Supreme Court was hearing arguments yesterday about whether the leadership structure of the Consumer Financial Protection Bureau was constitutional or not, the Fifth Circuit Court of Appeals issued its own ruling on the topic, following other Appeals Courts in determining that there is nothing wrong with allowing the director of the agency to only be fired for cause.

DEMO DAY PROFILES

  • Today is Demo Day! Six companies will be giving demonstrations of their products and services. You can sign up for free to watch as many of the demos as you want by clicking here. In advance of their demonstrations, here are profiles of Roydan and TCN. They will join Microbilt, Arbeit, InterProse, and CSS Impact as the participants in Demo Day.

THE INTELITECH GROUP AND LOCATESMARTER ANNOUNCE STRATEGIC PARTNERSHIP

  • The Intelitech Group, a premier analytics provider and consulting service in the Accounts Receivables Management (ARM) industry, today announced it has partnered with LocateSmarter to deliver clients enhanced solutions that improve profitability.

WORTH NOTING: It appears as Super Tuesday turned the Democratic primary into a two-horse race … Americans really rely on their tax refunds to bolster their finances … How to make flexible work policies work at your company … The coronavirus could cause severe financial damage to Americans, given their lack of emergency savings … If you want stockpile some stuff because of coronavirus, here is what you should stock up on … How to work from home without losing your mind (definitely too little too late in my case) … What happens to your emails after you die … North Americans can get a special glimpse of the Northern Lights this week.

The fastest way to get through traffic

Trying the habits of rich people

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 UNANIMOUSLY PASSES BILL TO AMEND FDCPA TO PROVIDE MORE PROTECTIONS TO SERVICEMEMBERS

  • The House of Representatives yesterday unanimously passed a bill that would amend the Fair Debt Collection Practices Act to provide more protection for members of the Armed Forces.

JUSTICES APPEAR DIVIDED OVER HOW TO HANDLE CFPB’S LEADERSHIP STRUCTURE

  • Reading the recaps of yesterday’s Supreme Court hearing which dealt with the constitutionality of the leadership structure of the Consumer Financial Protection Bureau, the most common word used to describe the mindset of the justices was “divided.”

FIFTH CIRCUIT RULES CFPB LEADERSHIP STRUCTURE IS CONSTITUTIONAL

  • While the Supreme Court was hearing arguments yesterday about whether the leadership structure of the Consumer Financial Protection Bureau was constitutional or not, the Fifth Circuit Court of Appeals issued its own ruling on the topic, following other Appeals Courts in determining that there is nothing wrong with allowing the director of the agency to only be fired for cause.

DEMO DAY PROFILES

  • Today is Demo Day! Six companies will be giving demonstrations of their products and services. You can sign up for free to watch as many of the demos as you want by clicking here. In advance of their demonstrations, here are profiles of Roydan and TCN. They will join Microbilt, Arbeit, InterProse, and CSS Impact as the participants in Demo Day.

THE INTELITECH GROUP AND LOCATESMARTER ANNOUNCE STRATEGIC PARTNERSHIP

  • The Intelitech Group, a premier analytics provider and consulting service in the Accounts Receivables Management (ARM) industry, today announced it has partnered with LocateSmarter to deliver clients enhanced solutions that improve profitability.

WORTH NOTING: It appears as Super Tuesday turned the Democratic primary into a two-horse race … Americans really rely on their tax refunds to bolster their finances … How to make flexible work policies work at your company … The coronavirus could cause severe financial damage to Americans, given their lack of emergency savings … If you want stockpile some stuff because of coronavirus, here is what you should stock up on … How to work from home without losing your mind (definitely too little too late in my case) … What happens to your emails after you die … North Americans can get a special glimpse of the Northern Lights this week.

The fastest way to get through traffic

Trying the habits of rich people

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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