JUDGE DEFINES ‘DEFAULT’ WHEN GRANTING DEFENSE’S MSJ IN FDCPA CASE OVER MEDICAL DEBT
- A District Court judge in Indiana has granted a defendant’s motion for summary judgment after it was sued for violating the Fair Debt Collection Practices Act and, at the same time, grappled with a provision of the statute that probably should not be so ambiguous — when does a debt go into default?
DELINQUENCY RATES HOLDING STEADY, BUT SIGNS POINTING TO DEBT PROBLEMS DOWN THE LINE FOR CONSUMERS
- Consistent with anecdotal reports from collection agencies across the country that individuals are interested in making payments and arrangements to pay off their debts, a report from TransUnion reveals that delinquency rates in April were in line with the rates from April 2019. More surprisingly is that delinquency rates dropped from March 2020 to April, as the COVID-19 pandemic shut down more of the country. But trouble may be on the horizon.
CONNECTICUT EXTENDS WORK-FROM-HOME ALLOWANCE
- The Connecticut Department of Banking has extended its no-action position regarding licensed entities, including collection agencies, that are allowing employees to work from home during the coronavirus pandemic. The position will now remain in effect until June 30.
MORE HEALTHCARE PRACTICES CLOSING AS COVID-19 RE-SHAPES PRIMARY CARE MARKET
- The number of healthcare practices that have been negatively affected by the coronavirus pandemic continues to grow, with 20% of practices closing down temporarily and another 13% planning to do so in the next month, according to a survey of nearly 3,000 offices.
WORTH NOTING: Why doesn’t President Trump want people to see him wearing a mask? … A Georgia man has been arrested for lying to his employer about having coronavirus, which caused the company to close its offices for sanitizing … People are looking to move away from the big city … The secret to being happy during a lockdown, according to scientists … Think twice before posting pics of your kids or grandkids on Facebook … Why curing snoring is so difficult … What people are buying with their stimulus checks … 40 facts about Pac-Man, which turns 40 today.
Chemistry for kids
Another Funny Friday and RIP
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.
JUDGE DEFINES ‘DEFAULT’ WHEN GRANTING DEFENSE’S MSJ IN FDCPA CASE OVER MEDICAL DEBT
- A District Court judge in Indiana has granted a defendant’s motion for summary judgment after it was sued for violating the Fair Debt Collection Practices Act and, at the same time, grappled with a provision of the statute that probably should not be so ambiguous — when does a debt go into default?
DELINQUENCY RATES HOLDING STEADY, BUT SIGNS POINTING TO DEBT PROBLEMS DOWN THE LINE FOR CONSUMERS
- Consistent with anecdotal reports from collection agencies across the country that individuals are interested in making payments and arrangements to pay off their debts, a report from TransUnion reveals that delinquency rates in April were in line with the rates from April 2019. More surprisingly is that delinquency rates dropped from March 2020 to April, as the COVID-19 pandemic shut down more of the country. But trouble may be on the horizon.
CONNECTICUT EXTENDS WORK-FROM-HOME ALLOWANCE
- The Connecticut Department of Banking has extended its no-action position regarding licensed entities, including collection agencies, that are allowing employees to work from home during the coronavirus pandemic. The position will now remain in effect until June 30.
MORE HEALTHCARE PRACTICES CLOSING AS COVID-19 RE-SHAPES PRIMARY CARE MARKET
- The number of healthcare practices that have been negatively affected by the coronavirus pandemic continues to grow, with 20% of practices closing down temporarily and another 13% planning to do so in the next month, according to a survey of nearly 3,000 offices.
WORTH NOTING: Why doesn’t President Trump want people to see him wearing a mask? … A Georgia man has been arrested for lying to his employer about having coronavirus, which caused the company to close its offices for sanitizing … People are looking to move away from the big city … The secret to being happy during a lockdown, according to scientists … Think twice before posting pics of your kids or grandkids on Facebook … Why curing snoring is so difficult … What people are buying with their stimulus checks … 40 facts about Pac-Man, which turns 40 today.
Chemistry for kids
Another Funny Friday and RIP
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.
