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Home Daily Digest

Daily Digest – November 20. Judge Cites ‘Limited Success’ in Reducing Attorney Fees by 50%; How to Use Practice to Help Motivate Collectors

mikegibb by mikegibb
November 20, 2020
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JUDGE CITES ‘LIMITED SUCCESS’ IN FDCPA CASE IN REDUCING PLAINTIFF’S ATTORNEY’S FEES BY 50%

  • A District Court judge in Wisconsin has lowered the attorney’s fees awarded to counsel representing a plaintiff in a Fair Debt Collection Practices Act case by 50%, ruling that their “limited success” in the case merited such a discount.

TRAINING BYTES VIDEO: HOW TO USE PRACTICE TO HELP MOTIVATE COLLECTORS

  • Generally, things that are sticky are not things that are sought after and desired. But when it comes to practice and training, that needs to be sticky to be effective. Because how many times have you set up a training session for your collectors, watched them walk back to their desks and use it for a few calls, only to go back to doing it the old way by the end of the day?

JUDGE DENIES MTD IN FCRA CASE ON FAILURE TO STATE A CLAIM

  • A District Court judge in Florida has denied a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Credit Reporting Act, ruling that the plaintiff met the threshold for stating a claim by saying that the furnisher failed to conduct a reasonable investigation after it was notified by a credit reporting agency that a dispute had been filed.

NINTH CIRCUIT HEARS ARGUMENTS IN NEXT ROUND OF CFPB v. SEILA LAW

  • The latest chapter in the case of Consumer Financial Protection Bureau v. Seila Law took place yesterday, as both sides made their arguments before a panel of judges from the Ninth Circuit Court of Appeals, which will determine whether the law firm has to comply with a civil investigative demand that it received from the regulator. The three-judge panel seemed reluctant to want to side with the law firm’s argument that it should not have to comply with the request because the enforcement was “tainted from the very outset.”

WORTH NOTING: Sales of chess sets have spiked thanks to the success of “The Queen’s Gambit” … What would you do if your teenaged son crashed your $3 million sportscar? …. If you want to win a year’s worth of free cheeseburgers from McDonald’s, pray for a lot of high-scoring NFL games … The workplace trends that will shape 2021 … Bill Gates is predicting a lot less business travel and office life … Dr. Fauci has spoken: Santa Claus is immune from COVID-19. We should all be so lucky … How the mighty have fallen … If you want to get your Christmas tree from a national forest, here is how to do it.

Why kids should stay in school

Funny Friday

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 CITES ‘LIMITED SUCCESS’ IN FDCPA CASE IN REDUCING PLAINTIFF’S ATTORNEY’S FEES BY 50%

  • A District Court judge in Wisconsin has lowered the attorney’s fees awarded to counsel representing a plaintiff in a Fair Debt Collection Practices Act case by 50%, ruling that their “limited success” in the case merited such a discount.

TRAINING BYTES VIDEO: HOW TO USE PRACTICE TO HELP MOTIVATE COLLECTORS

  • Generally, things that are sticky are not things that are sought after and desired. But when it comes to practice and training, that needs to be sticky to be effective. Because how many times have you set up a training session for your collectors, watched them walk back to their desks and use it for a few calls, only to go back to doing it the old way by the end of the day?

JUDGE DENIES MTD IN FCRA CASE ON FAILURE TO STATE A CLAIM

  • A District Court judge in Florida has denied a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Credit Reporting Act, ruling that the plaintiff met the threshold for stating a claim by saying that the furnisher failed to conduct a reasonable investigation after it was notified by a credit reporting agency that a dispute had been filed.

NINTH CIRCUIT HEARS ARGUMENTS IN NEXT ROUND OF CFPB v. SEILA LAW

  • The latest chapter in the case of Consumer Financial Protection Bureau v. Seila Law took place yesterday, as both sides made their arguments before a panel of judges from the Ninth Circuit Court of Appeals, which will determine whether the law firm has to comply with a civil investigative demand that it received from the regulator. The three-judge panel seemed reluctant to want to side with the law firm’s argument that it should not have to comply with the request because the enforcement was “tainted from the very outset.”

WORTH NOTING: Sales of chess sets have spiked thanks to the success of “The Queen’s Gambit” … What would you do if your teenaged son crashed your $3 million sportscar? …. If you want to win a year’s worth of free cheeseburgers from McDonald’s, pray for a lot of high-scoring NFL games … The workplace trends that will shape 2021 … Bill Gates is predicting a lot less business travel and office life … Dr. Fauci has spoken: Santa Claus is immune from COVID-19. We should all be so lucky … How the mighty have fallen … If you want to get your Christmas tree from a national forest, here is how to do it.

Why kids should stay in school

Funny Friday

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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