HOUSE UNVEILS $3T STIMULUS BILL; OFFERS FORBEARANCE ON ALL DEBTS, BUT COLLECTORS CAN GET LOANS TO COVER LOSSES
- Speaker Nancy Pelosi yesterday unveiled a $3 trillion stimulus package that would give individuals the right to obtain a forbearance on any debt simply by asking for it, while also providing debt collectors with the opportunity to obtain “long-term, low-cost” loans to cover any losses caused by the forbearances.
NEW HEALTHCARE BILLING MODEL PROPOSED, SHIFTING BURDEN TO INSURERS
- The Chief Operating Officer of Adventist Healthcare has proposed a radical shift in how all bills — deductibles, copayments, and insurance payments — are billed and collected, advocating that it be health insurer, not the provider, who is in charge.
FORMER NYC DEPUTY MAYOR SPEAKS OUT ABOUT PROPOSED COLLECTION RESTRICTIONS
- A former Deputy Mayor of New York City is speaking out against a proposal that seeks to protect consumers by limiting debt collection in the City That Never Sleeps, especially for those who have been impacted by the COVID-19 pandemic.
JUDGE GRANTS SECOND REQUEST TO COMPEL ARBITRATION IN FDCPA CASE
- A District Court judge in New Jersey has granted a defendant’s request to compel arbitration in a Fair Debt Collection Practices Act class-action case, more than a year after originally denying a request to do so.
WORTH NOTING: The work from home boom has also led to a big uptick in how companies are keeping an eye on their employees … Nobody cares about the Lions, but fans of the Maize and Blue might be very upset with this news … It’s not you — prices at the grocery store are going up … Graduates — here’s how to get free donuts from Krispy Kreme … Small business owners share their concerns about re-opening … Rush hour may be coming back across the country … Hobby Lobby is closing all of its stores and furloughing most of its employees … Fans of “Hamilton” should be very happy with this news … Where the new coronavirus hotspots are popping up.
How to make DIY masks
How to parent during a pandemic
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 UNVEILS $3T STIMULUS BILL; OFFERS FORBEARANCE ON ALL DEBTS, BUT COLLECTORS CAN GET LOANS TO COVER LOSSES
- Speaker Nancy Pelosi yesterday unveiled a $3 trillion stimulus package that would give individuals the right to obtain a forbearance on any debt simply by asking for it, while also providing debt collectors with the opportunity to obtain “long-term, low-cost” loans to cover any losses caused by the forbearances.
NEW HEALTHCARE BILLING MODEL PROPOSED, SHIFTING BURDEN TO INSURERS
- The Chief Operating Officer of Adventist Healthcare has proposed a radical shift in how all bills — deductibles, copayments, and insurance payments — are billed and collected, advocating that it be health insurer, not the provider, who is in charge.
FORMER NYC DEPUTY MAYOR SPEAKS OUT ABOUT PROPOSED COLLECTION RESTRICTIONS
- A former Deputy Mayor of New York City is speaking out against a proposal that seeks to protect consumers by limiting debt collection in the City That Never Sleeps, especially for those who have been impacted by the COVID-19 pandemic.
JUDGE GRANTS SECOND REQUEST TO COMPEL ARBITRATION IN FDCPA CASE
- A District Court judge in New Jersey has granted a defendant’s request to compel arbitration in a Fair Debt Collection Practices Act class-action case, more than a year after originally denying a request to do so.
WORTH NOTING: The work from home boom has also led to a big uptick in how companies are keeping an eye on their employees … Nobody cares about the Lions, but fans of the Maize and Blue might be very upset with this news … It’s not you — prices at the grocery store are going up … Graduates — here’s how to get free donuts from Krispy Kreme … Small business owners share their concerns about re-opening … Rush hour may be coming back across the country … Hobby Lobby is closing all of its stores and furloughing most of its employees … Fans of “Hamilton” should be very happy with this news … Where the new coronavirus hotspots are popping up.
How to make DIY masks
How to parent during a pandemic
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.
