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Home Daily Digest

Daily Digest – February 15. Getting to Know Joe Partain of Convergent; Former CFPB Deputy Director Shares Thoughts on Future of Reg F

mikegibb by mikegibb
April 15, 2021
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GETTING TO KNOW JOE PARTAIN OF CONVERGENT

  • An attorney who freely admits being lied to on a semi-regular basis is probably not the norm, so it’s a good thing that the lies in this case pertain to frozen desserts and not things that are more important. Although it does sound like Chocolate Peanut Butter ice cream is worth being lied to about. As Joe Partain notes, the ARM industry has a lot of fantastic people and the care and attention that he paid to his answers shows you why he is one of those people. Read on to learn more about Joe, how he would be happy making his love of animals his life’s work, and why he never finds himself bored. This series is sponsored by Applied Innovation.

FORMER CFPB DEPUTY DIRECTOR SHARES THOUGHTS ON FUTURE OF DEBT COLLECTION RULE

  • Many, if not most, of the people in the accounts receivable management industry are waiting with baited breath to see what Rohit Chopra is going to do with Regulation F — the Debt Collection Rule — if he is confirmed by the Senate to be the next director of of the Consumer Financial Protection Bureau. Tom Pahl, the CFPB’s former Deputy Director, shared his predictions during the keynote address yesterday at Receivables Management Association International’s annual conference, and what he said is likely to make those in the ARM industry feel better, and worse.

APPEALS COURT AFFIRMS RULING FOR DEFENDANT IN FDCPA CASE OVER HEALTHCARE DEBT

  • In a case that was defended by the team at Malone Frost Martin, the Court of Appeals for the Eighth Circuit has affirmed a lower court’s ruling in favor of a defendant that was sued for violating the Fair Debt Collection Practices Act because it did not include a copy of the original creditor’s financial assistance plan when it sent the plaintiff a collection letter. The Appeals Court ruled that collection agencies are not bound to comply with a regulation from the Treasury Department requiring healthcare providers to include its financial assistance policy with their billing statements.

INDIANA AG OBTAINS $1.3M JUDGMENT AGAINST AGENCY, OWNER

  • The Attorney General of Indiana has obtained a $1.3 million judgment against a collection agency and its owner that were accused of engaging in deceptive and abusive collection practices and operating without a proper license.

WORTH NOTING: What did those nachos do to Justin Turner? … Well, duh. But will force airlines to do it? Likely not … How to train your brain for a better morning routine … I’m a genius! The surprising link between clutter and intelligence … Lowe’s is giving away 500,000 tree saplings for Earth Day … Is this guy the toughest man on the planet? … Box wine is going to start looking a lot better now … A lot of people here in Vegas could use this today — Dishes from chefs to help get rid of hangovers.

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