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Home Daily Digest

Daily Digest – April 7. Appeals Court Overturns Sanctions in FDCPA Case; DCI Closes Down

mikegibb by mikegibb
April 7, 2020
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APPEALS COURT OVERTURNS SANCTIONS OF PLAINTIFF’S ATTORNEY IN FDCPA CASE

  • The Court of Appeals for the Fifth Circuit has overturned a lower court’s ruling that had placed sanctions on the attorneys representing a plaintiff in a Fair Debt Collection Practices Act case for not settling a lawsuit quickly enough, but affirmed a ruling that the District Court judge was not biased against the plaintiff.

DCI CLOSES DOWN

  • Once one of the largest collection agencies in the country, DCI or Diversified Consultants, Inc., has closed down, numerous sources informed AccountsRecovery.net.

HOSPITALS REPORT DIRE FINANCIAL, STAFFING SITUATIONS WITH WORST OF COVID-19 STILL TO COME

  • Responding to and treating patients who have contract COVID-19 has been an “absolute financial nightmare” for hospitals who are quickly running out of cash and are being forced to make drastic cuts to their operations at a time when they are already not always able to maintain adequate staffing levels, according to a report that was released yesterday by the Office of the Inspector General of the Department of Health and Human Services. The report is based on phone surveys conducted with more than 300 hospitals nationwide in the past 10 days.

FORMER CFPB DIRECTOR CALLS FOR ‘VIGOROUS’ ENFORCEMENT OF COLLECTORS IN COVID-19 REPORT

  • Richard Cordray, the former director of the Consumer Financial Protection Bureau, has published a whitepaper/memo aimed at Congressional leaders and his successor about how the regulator should be handling itself during the coronavirus pandemic, and calling for “vigorous” oversight of debt collectors because debt collectors are more likely to harass consumers who are deeper in debt because of the crisis.

WORTH NOTING: A concern for many — how close to normal can we get before we have a vaccine for coronavirus? … For fans of the churros at Disney parks, you can now make them at home … Baseball players might sequester themselves in Arizona and play all their games there this season … How COVID-19 has changed our online habits … A problem I have been dealing with for two weeks — webcam shortages are a big problem … How to keep your Zoom chats private and secure … Coronavirus couture – the rise of the $60 facemask … RIP, Mr. Tiger … All this self-quarantining means people are driving less, so car insurance companies are now offering refunds.

The surgeon general on how to make your own facemask

This has become must-watch TV. Make sure you stay for the ending

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. 

APPEALS COURT OVERTURNS SANCTIONS OF PLAINTIFF’S ATTORNEY IN FDCPA CASE

  • The Court of Appeals for the Fifth Circuit has overturned a lower court’s ruling that had placed sanctions on the attorneys representing a plaintiff in a Fair Debt Collection Practices Act case for not settling a lawsuit quickly enough, but affirmed a ruling that the District Court judge was not biased against the plaintiff.

DCI CLOSES DOWN

  • Once one of the largest collection agencies in the country, DCI or Diversified Consultants, Inc., has closed down, numerous sources informed AccountsRecovery.net.

HOSPITALS REPORT DIRE FINANCIAL, STAFFING SITUATIONS WITH WORST OF COVID-19 STILL TO COME

  • Responding to and treating patients who have contract COVID-19 has been an “absolute financial nightmare” for hospitals who are quickly running out of cash and are being forced to make drastic cuts to their operations at a time when they are already not always able to maintain adequate staffing levels, according to a report that was released yesterday by the Office of the Inspector General of the Department of Health and Human Services. The report is based on phone surveys conducted with more than 300 hospitals nationwide in the past 10 days.

FORMER CFPB DIRECTOR CALLS FOR ‘VIGOROUS’ ENFORCEMENT OF COLLECTORS IN COVID-19 REPORT

  • Richard Cordray, the former director of the Consumer Financial Protection Bureau, has published a whitepaper/memo aimed at Congressional leaders and his successor about how the regulator should be handling itself during the coronavirus pandemic, and calling for “vigorous” oversight of debt collectors because debt collectors are more likely to harass consumers who are deeper in debt because of the crisis.

WORTH NOTING: A concern for many — how close to normal can we get before we have a vaccine for coronavirus? … For fans of the churros at Disney parks, you can now make them at home … Baseball players might sequester themselves in Arizona and play all their games there this season … How COVID-19 has changed our online habits … A problem I have been dealing with for two weeks — webcam shortages are a big problem … How to keep your Zoom chats private and secure … Coronavirus couture – the rise of the $60 facemask … RIP, Mr. Tiger … All this self-quarantining means people are driving less, so car insurance companies are now offering refunds.

The surgeon general on how to make your own facemask

This has become must-watch TV. Make sure you stay for the ending

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

DCI Closes Down

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