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Home Daily Digest

Daily Digest – July 14. Judge Awards $16k in Damages & Fees; Pandemic Provided Opportunities for Companies to Thrive

mikegibb by mikegibb
July 14, 2020
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JUDGE AWARDS $16k IN DAMAGES & FEES TO PLAINTIFF IN FDCPA CASE

  • I’ve been writing up summaries of cases where someone is accused of violating the Fair Debt Collection Practices Act for a while now and, for the first time, I’ve come across a case where one of the defendants is identified as “John Doe” and involves setting up a fake law firm website for the purposes of “intimidating consumers into making” payments for unpaid credit card debts over the phone. A District Court judge in Ohio has granted default judgment in favor of the plaintiff and awarded her more than $16,000 in damages and attorney’s fees.

PANDEMIC PROVIDED OPPORTUNITIES FOR COMPANIES TO THRIVE: SURVEY

  • More than 50% of the companies who participated in a joint survey conducted by AccountsRecovery.net and Prodigal have thrived during the first months of the coronavirus pandemic, out-performing several key performance indicators like right-party contact rates, overall agent productivity, and inbound call volumes.

VETERANS AFFAIRS TO CONTINUE DEBT COLLECTION MORATORIUM THROUGH END OF 2020

  • In a move that might be seen as a sign of how the rest of 2020 is going to play out in the credit and collection industry, the Department of Veterans Affairs on Friday announced that it would continue its suspension of certain debt collection activities through the end of the year.

CFPB ANNOUNCES ACTION AGAINST PARTICIPANTS IN DEBT RELIEF SCHEME, INCLUDING FOUR ATTORNEYS

  • The Consumer Financial Protection Bureau yesterday announced an enforcement action against several defendants, including two companies and their owners and four attorneys for engaging in a student loan debt relief operation that illegally charged individuals nearly $12 million in upfront fees.

WORTH NOTING: Did you know we’re in the middle of a coin shortage? … Sad news for fans of “Mythbusters” … More than 5 million people have lost their health insurance coverage because of the coronavirus pandemic … How COVID-19 is changing our office lives … White Castle is testing a robot that can flip burgers … Ways to stay sane and relaxed during quarantine … The Ford Bronco is back … Because 2020 needs a major earthquake to round out the fun.

Last-minute tax day tips

Fridge cleaning hacks

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 AWARDS $16k IN DAMAGES & FEES TO PLAINTIFF IN FDCPA CASE

  • I’ve been writing up summaries of cases where someone is accused of violating the Fair Debt Collection Practices Act for a while now and, for the first time, I’ve come across a case where one of the defendants is identified as “John Doe” and involves setting up a fake law firm website for the purposes of “intimidating consumers into making” payments for unpaid credit card debts over the phone. A District Court judge in Ohio has granted default judgment in favor of the plaintiff and awarded her more than $16,000 in damages and attorney’s fees.

PANDEMIC PROVIDED OPPORTUNITIES FOR COMPANIES TO THRIVE: SURVEY

  • More than 50% of the companies who participated in a joint survey conducted by AccountsRecovery.net and Prodigal have thrived during the first months of the coronavirus pandemic, out-performing several key performance indicators like right-party contact rates, overall agent productivity, and inbound call volumes.

VETERANS AFFAIRS TO CONTINUE DEBT COLLECTION MORATORIUM THROUGH END OF 2020

  • In a move that might be seen as a sign of how the rest of 2020 is going to play out in the credit and collection industry, the Department of Veterans Affairs on Friday announced that it would continue its suspension of certain debt collection activities through the end of the year.

CFPB ANNOUNCES ACTION AGAINST PARTICIPANTS IN DEBT RELIEF SCHEME, INCLUDING FOUR ATTORNEYS

  • The Consumer Financial Protection Bureau yesterday announced an enforcement action against several defendants, including two companies and their owners and four attorneys for engaging in a student loan debt relief operation that illegally charged individuals nearly $12 million in upfront fees.

WORTH NOTING: Did you know we’re in the middle of a coin shortage? … Sad news for fans of “Mythbusters” … More than 5 million people have lost their health insurance coverage because of the coronavirus pandemic … How COVID-19 is changing our office lives … White Castle is testing a robot that can flip burgers … Ways to stay sane and relaxed during quarantine … The Ford Bronco is back … Because 2020 needs a major earthquake to round out the fun.

Last-minute tax day tips

Fridge cleaning hacks

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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Veterans Affairs Announces Extension of Debt Collection Moratorium

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