JUDGE GRANTS MOTION FOR DEFENDANT IN FDCPA LETTER CASE, DENIES MOTION FOR ATTORNEY’S FEES
- A District Court judge in New York has granted a defendant’s motion for judgment on the pleadings, but denied its motion for defense fees under the Fair Debt Collection Practices Act’s fee-shifting provision, after it was sued in a class-action for allegedly misleading the plaintiff about to whom a settled debt would be reported to, marking the second time the plaintiff’s counsel has filed such a lawsuit.
EMPLOYEE PUSHBACK LEADS CFPB TO HALT PLANNED REORGANIZATION
- The Consumer Financial Protection Bureau has shelved plans to reorganize its supervision and enforcement units, according to a published report, after receiving feedback from within the agency that the moves were not a good idea.
HOUSEHOLD DEBT INCREASES DURING 3Q, BUT NUMBER OF CONSUMERS WITH DEBT IN COLLECTION PLUMMETS
- The number of individuals with an account that has been placed with a collection agency continued to hit record lows in the third quarter, even as the average collection amount per person increased, according to data released yesterday by the Federal Reserve Bank of New York. Less than 8% of consumers had a debt in collection during the third quarter, which is the lowest that figure has been in the 17 years that the bank has been tracking the data. This correlates to anecdotal evidence that I have been hearing that placement volumes at agencies have slowed significantly in recent weeks.
HHS FINES PROVIDERS FOR NOT PROVIDING MEDICAL RECORDS; WHY COLLECTORS NEED TO PAY ATTENTION
- The Department of Health and Human Services’ Office of Civil Rights has fined two more healthcare providers for violating the Health Insurance Portability and Accountability Act (HIPAA) for not providing individuals with access to their medical records, which could intersect with the Fair Debt Collection Practices Act for any agency that is working healthcare accounts.
NATIONAL DEBT HOLDINGS DONATES TO OCEAN CONSERVANCY THIS HOLIDAY SEASON
- As part of our commitment to corporate social responsibility, National Debt Holdings (NDH) is donating to Ocean Conservancy this holiday season. Our support will assist this nonprofit in conservation efforts to protect the ocean from today’s greatest global challenges.
WORTH NOTING: Another article debating whether to stay home or travel this Thanksgiving … If you do host Thanksgiving, why you shouldn’t sing or have loud music playing … A negotiator offers tips to help you skip Thanksgiving … Prepare for another run on toilet paper … Conan O’Brien is leaving late night TV … The right and wrong way to seek employee feedback … Can your employer make you get vaccinated? … COVID-19 is causing an epidemic of teeth grinding, according to dentists … People are planning on cutting back their holiday spending this year.
Inexpensive holiday gift ideas
How to clean your kitchen tools
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 GRANTS MOTION FOR DEFENDANT IN FDCPA LETTER CASE, DENIES MOTION FOR ATTORNEY’S FEES
- A District Court judge in New York has granted a defendant’s motion for judgment on the pleadings, but denied its motion for defense fees under the Fair Debt Collection Practices Act’s fee-shifting provision, after it was sued in a class-action for allegedly misleading the plaintiff about to whom a settled debt would be reported to, marking the second time the plaintiff’s counsel has filed such a lawsuit.
EMPLOYEE PUSHBACK LEADS CFPB TO HALT PLANNED REORGANIZATION
- The Consumer Financial Protection Bureau has shelved plans to reorganize its supervision and enforcement units, according to a published report, after receiving feedback from within the agency that the moves were not a good idea.
HOUSEHOLD DEBT INCREASES DURING 3Q, BUT NUMBER OF CONSUMERS WITH DEBT IN COLLECTION PLUMMETS
- The number of individuals with an account that has been placed with a collection agency continued to hit record lows in the third quarter, even as the average collection amount per person increased, according to data released yesterday by the Federal Reserve Bank of New York. Less than 8% of consumers had a debt in collection during the third quarter, which is the lowest that figure has been in the 17 years that the bank has been tracking the data. This correlates to anecdotal evidence that I have been hearing that placement volumes at agencies have slowed significantly in recent weeks.
HHS FINES PROVIDERS FOR NOT PROVIDING MEDICAL RECORDS; WHY COLLECTORS NEED TO PAY ATTENTION
- The Department of Health and Human Services’ Office of Civil Rights has fined two more healthcare providers for violating the Health Insurance Portability and Accountability Act (HIPAA) for not providing individuals with access to their medical records, which could intersect with the Fair Debt Collection Practices Act for any agency that is working healthcare accounts.
NATIONAL DEBT HOLDINGS DONATES TO OCEAN CONSERVANCY THIS HOLIDAY SEASON
- As part of our commitment to corporate social responsibility, National Debt Holdings (NDH) is donating to Ocean Conservancy this holiday season. Our support will assist this nonprofit in conservation efforts to protect the ocean from today’s greatest global challenges.
WORTH NOTING: Another article debating whether to stay home or travel this Thanksgiving … If you do host Thanksgiving, why you shouldn’t sing or have loud music playing … A negotiator offers tips to help you skip Thanksgiving … Prepare for another run on toilet paper … Conan O’Brien is leaving late night TV … The right and wrong way to seek employee feedback … Can your employer make you get vaccinated? … COVID-19 is causing an epidemic of teeth grinding, according to dentists … People are planning on cutting back their holiday spending this year.
Inexpensive holiday gift ideas
How to clean your kitchen tools
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.
