JUDGE DENIES MOTION FOR ATTORNEYS’ FEES IN FDCPA CASE
- In a ruling that was spotlighted by Barron & Newburger, a District Court judge in Pennsylvania has granted a plaintiff’s motion to dismiss his own lawsuit and denied a defendant’s motion for attorneys’ fees and costs in a Fair Debt Collection Practices Act case.
COLORADO EXTENDS WINDOW LIMITING ‘EXTRAORDINARY COLLECTION ACTIONS’
- The state of Colorado has extended its limitations on “extraordinary collection actions” until Feb. 1, 2021, determining that while economic conditions in the state are improving, they remain similar to the conditions when the law was first put into place, while also needing to preserve and prioritize the resources of state and local resources.
OCC ISSUES ‘TRUE LENDER’ RULE TO HELP FACILITATE LOAN SALES
- The Office of the Comptroller of the Currency has issued a final rule that will close a gap in the process of banks selling loans to third parties, such as debt buyers, which could help facilitate more portfolio sales.
M&A DEAL VOLUME FOR ARM INDUSTRY PICKS UP IN 3Q: REPORT
- While deal volume remained relatively quiet in the accounts receivable management industry during the third quarter, there does appear to be an influx of both buyers and sellers entering the market, which could lead to an increase of deals in the future, according to a quarterly report published by Corporate Advisory Solutions.
WORTH NOTING: For people who really like Halloween, there is a haunted car wash in Birmingham, Alabama … McDonald’s is giving away its new menu items … Three “ridiculously” easy ways to retire wealthier … An app to tell you if the ice cream machine at your local McDonald’s is broken … An interesting twist in last night’s World Series clincher … Jon Stewart is coming back to television … The Gulf Coast is bracing for the arrival of Hurricane Zeta … The Senate elections that will determine the balance of power in Congress … You can now get pizza from Panera.
The best places to retire
Forget candy, here are Halloween drink suggestions
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 FOR ATTORNEYS’ FEES IN FDCPA CASE
- In a ruling that was spotlighted by Barron & Newburger, a District Court judge in Pennsylvania has granted a plaintiff’s motion to dismiss his own lawsuit and denied a defendant’s motion for attorneys’ fees and costs in a Fair Debt Collection Practices Act case.
COLORADO EXTENDS WINDOW LIMITING ‘EXTRAORDINARY COLLECTION ACTIONS’
- The state of Colorado has extended its limitations on “extraordinary collection actions” until Feb. 1, 2021, determining that while economic conditions in the state are improving, they remain similar to the conditions when the law was first put into place, while also needing to preserve and prioritize the resources of state and local resources.
OCC ISSUES ‘TRUE LENDER’ RULE TO HELP FACILITATE LOAN SALES
- The Office of the Comptroller of the Currency has issued a final rule that will close a gap in the process of banks selling loans to third parties, such as debt buyers, which could help facilitate more portfolio sales.
M&A DEAL VOLUME FOR ARM INDUSTRY PICKS UP IN 3Q: REPORT
- While deal volume remained relatively quiet in the accounts receivable management industry during the third quarter, there does appear to be an influx of both buyers and sellers entering the market, which could lead to an increase of deals in the future, according to a quarterly report published by Corporate Advisory Solutions.
WORTH NOTING: For people who really like Halloween, there is a haunted car wash in Birmingham, Alabama … McDonald’s is giving away its new menu items … Three “ridiculously” easy ways to retire wealthier … An app to tell you if the ice cream machine at your local McDonald’s is broken … An interesting twist in last night’s World Series clincher … Jon Stewart is coming back to television … The Gulf Coast is bracing for the arrival of Hurricane Zeta … The Senate elections that will determine the balance of power in Congress … You can now get pizza from Panera.
The best places to retire
Forget candy, here are Halloween drink suggestions
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.
