HOUSE DEMS STILL PUSHING COLLECTION MORATORIUM
- The Democrats on the House Financial Services Committee are once again pushing their proposed package of bills aimed at responding to the coronavirus pandemic, except this time, they are touting the bill that would place a moratorium on debt collection activities for the duration of the pandemic.
EXECUTIVE ORDER PROTECTS MINNESOTANS FROM GARNISHMENTS
- The governor of Minnesota has issued an executive order that protects the economic stimulus funds received by individuals from being garnished except as part of a Domestic Support obligation, but also going a step further and prohibiting the service of a garnishment summons on individuals and suspending the permission of creditors to obtain information about an individuals assets and earnings.
STATE AGs CALL FOR CARRIERS TO BEEF UP EFFORTS TO CATCH ILLEGAL ROBOCALLERS
- Every state attorney general, along with the AGs from Puerto Rico and American Samoa are “contemplat[ing]” issuing more subpoenas and civil investigative demand letters to help trace the origins of illegal robocallers, according to a letter that was sent yesterday to an association representing wireless phone carriers.
M&A ACTIVITY IN ARM INDUSTRY REMAINS ROBUST IN 1Q20
- Merger and acquisition activity in the Accounts Receivable Management industry remained relatively flat in the first quarter, compared with the fourth quarter of 2019, largely due to the resilience of the industry, and continued interest in the space remains “very much alive,” according to a report issued by Corporate Advisory Solutions this week.
WORTH NOTING: Turns out you didn’t need to be alive to get a stimulus check from the government … Family-friendly recipes you can make with your kids … Justice Ruth Bader Ginsburg is in the hospital, but still plans to participate in its remote hearing today … Your social media posts play a huge role in whether you get a job or not … Tracking new cases of coronavirus as states re-open … One airline is going to charge you more if you want to have an open seat on your flight … Stories of people who are struggling in today’s economy … Mother’s Day gifts to help you stay connected.
Tips to create a healthy routine during lockdown
Car care during coronavirus
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 DEMS STILL PUSHING COLLECTION MORATORIUM
- The Democrats on the House Financial Services Committee are once again pushing their proposed package of bills aimed at responding to the coronavirus pandemic, except this time, they are touting the bill that would place a moratorium on debt collection activities for the duration of the pandemic.
EXECUTIVE ORDER PROTECTS MINNESOTANS FROM GARNISHMENTS
- The governor of Minnesota has issued an executive order that protects the economic stimulus funds received by individuals from being garnished except as part of a Domestic Support obligation, but also going a step further and prohibiting the service of a garnishment summons on individuals and suspending the permission of creditors to obtain information about an individuals assets and earnings.
STATE AGs CALL FOR CARRIERS TO BEEF UP EFFORTS TO CATCH ILLEGAL ROBOCALLERS
- Every state attorney general, along with the AGs from Puerto Rico and American Samoa are “contemplat[ing]” issuing more subpoenas and civil investigative demand letters to help trace the origins of illegal robocallers, according to a letter that was sent yesterday to an association representing wireless phone carriers.
M&A ACTIVITY IN ARM INDUSTRY REMAINS ROBUST IN 1Q20
- Merger and acquisition activity in the Accounts Receivable Management industry remained relatively flat in the first quarter, compared with the fourth quarter of 2019, largely due to the resilience of the industry, and continued interest in the space remains “very much alive,” according to a report issued by Corporate Advisory Solutions this week.
WORTH NOTING: Turns out you didn’t need to be alive to get a stimulus check from the government … Family-friendly recipes you can make with your kids … Justice Ruth Bader Ginsburg is in the hospital, but still plans to participate in its remote hearing today … Your social media posts play a huge role in whether you get a job or not … Tracking new cases of coronavirus as states re-open … One airline is going to charge you more if you want to have an open seat on your flight … Stories of people who are struggling in today’s economy … Mother’s Day gifts to help you stay connected.
Tips to create a healthy routine during lockdown
Car care during coronavirus
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.
