Getting to Know Laura Jensen of Absolute Resolutions Corp.
- Organized chaos. That’s how Laura Jensen describes working in the accounts receivable management industry, and it might be the most apt characterization ever mentioned in these profiles. Even though she would drop everything to run a dog rescue, Laura has clearly found a home in the ARM industry and the industry is all the better off because of it. Read on to learn more about Laura, what she likes to watch to disconnect, and why she will never turn down a trip to the nation’s capital.
- More details here.
Judge Grants MTD in FDCPA Case Over Attempt to Collect on Time-Barred Debt
- The statute of limitations can be a tricky situation to navigate, if you are going to attempt to collect on a debt. But as long as you don’t make the individual believe that the debt is still legally enforceable, you’re on pretty solid ground. I bring this up as a preface to a Fair Debt Collection Practices Act case in which a District Court judge has granted a defendant’s motion to dismiss because it was sued for attempting to just collect on a debt for which the statute of limitations had expired.
- More details here.
Bill Introduced in House to Amend FCRA by Removing Medical Debt, Shortening Adverse Reporting Period to 4 Years
- A bill has been introduced in the House of Representatives that reduce the amount of time that adverse information stays on consumers’ credit reports and prohibit any medical debt from being included on a credit report — among other provisions.
- More details here.
Political Battle Brewing Over CFPB Funding Case
- A partisan fight is brewing in Washington, D.C., after a liberal advocacy group released a report yesterday detailing how the Consumer Financial Protection Bureau has returned more than $240 million to consumers in 10 specific states — which are all home to Republicans seeking to “defund and defang” the Bureau. Rep. Bill Huizenga [R-Mich.] attacked the report, leading the advocacy group to say the lawmaker is more interested in representing “the scammers, not the scammed.”
- More details here.
WORTH NOTHING: How to ace a job interview when you have been out of the game for a while … Executives working in the financial services industry would rather quit than be forced to go back to the office to work … Which ear you hear things in can have an impact on your response … The average homeowner’s monthly mortgage payment has increased 20% in the past year … A grocery store’s plan to use ChatGPT to help people make meals with leftovers went a little haywire … If you’re renting a storage unit, you might be wasting a lot of money … A 101-year-old doctor shares his secret for staying mentally sharp … One of those world records that you probably didn’t know existed has been broken.
Top 10 Thursday, part I
Top 10 Thursday, part II
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