JUDGE DENIES MOTION BECAUSE CREDITORS’ TERMS DO NOT SPECIFICALLY MENTION DEFENDANT
- A District Court judge in Texas has denied a defendant’s motion to dismiss a complaint and compel arbitration because the terms of the agreement between the original creditor and the plaintiff did not specifically name the defendant, even thought it did say the agreement included “our controlled subsidiaries, assignees, and agents.”
CALIF. CFPB SHELVED FOR NOW, BUT STILL COULD BE ADDED BACK TO STATE’S BUDGET
- As the California legislature works on approving a budget for the coming fiscal year, it still remains to be seen whether a proposed state version of the Consumer Financial Protection Bureau will come to life or not, according to a published report. Staring at a deadline of yesterday to submit an updated budget to the governor’s office, negotiators opted not to include a new Department of Financial Protection and Innovation, although it could still be added back into the budget before it is finalized.
WASH. STATE BOARD RESCHEDULES VOTE ALLOWING COLLECTORS TO KEEP WORKING FROM HOME
- It appears as though a measure in Washington state that would clarify state regulations on what constitutes a branch office in order to allow employees of collection agencies to work from home has been postponed until September.
D.C. AG SUES ONLINE LENDER
- The Attorney General of Washington, D.C., has filed suit against an online lender for allegedly charging interest rates at 42 times the allowed limit in the District and for not being a licensed lender.
WORTH NOTING: The great pandemic bake-off may be over, but the junk food industry is not giving up … Thermostat etiquette is a real thing, although I would never go five nights before turning the air conditioning on … Coincidence or not? Ford is unveiling a new Bronco, on O.J. Simpson’s birthday … Gas prices are on the rise now that the country is re-opening again … Some eBay executives went to great lengths to go after some of its critics … A Seattle man who spent 62 days in the hospital fighting coronavirus received a bill for $1.1 million … How a light bulb can be used to spy on conversations.
How to start a new job while working remotely
Looks like my wife wasn’t the only person with the idea of buying an RV
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 DENIES MOTION BECAUSE CREDITORS’ TERMS DO NOT SPECIFICALLY MENTION DEFENDANT
- A District Court judge in Texas has denied a defendant’s motion to dismiss a complaint and compel arbitration because the terms of the agreement between the original creditor and the plaintiff did not specifically name the defendant, even thought it did say the agreement included “our controlled subsidiaries, assignees, and agents.”
CALIF. CFPB SHELVED FOR NOW, BUT STILL COULD BE ADDED BACK TO STATE’S BUDGET
- As the California legislature works on approving a budget for the coming fiscal year, it still remains to be seen whether a proposed state version of the Consumer Financial Protection Bureau will come to life or not, according to a published report. Staring at a deadline of yesterday to submit an updated budget to the governor’s office, negotiators opted not to include a new Department of Financial Protection and Innovation, although it could still be added back into the budget before it is finalized.
WASH. STATE BOARD RESCHEDULES VOTE ALLOWING COLLECTORS TO KEEP WORKING FROM HOME
- It appears as though a measure in Washington state that would clarify state regulations on what constitutes a branch office in order to allow employees of collection agencies to work from home has been postponed until September.
D.C. AG SUES ONLINE LENDER
- The Attorney General of Washington, D.C., has filed suit against an online lender for allegedly charging interest rates at 42 times the allowed limit in the District and for not being a licensed lender.
WORTH NOTING: The great pandemic bake-off may be over, but the junk food industry is not giving up … Thermostat etiquette is a real thing, although I would never go five nights before turning the air conditioning on … Coincidence or not? Ford is unveiling a new Bronco, on O.J. Simpson’s birthday … Gas prices are on the rise now that the country is re-opening again … Some eBay executives went to great lengths to go after some of its critics … A Seattle man who spent 62 days in the hospital fighting coronavirus received a bill for $1.1 million … How a light bulb can be used to spy on conversations.
How to start a new job while working remotely
Looks like my wife wasn’t the only person with the idea of buying an RV
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.
