Judge Grants MSJ For Defendant in FDCPA Case Over Debt Amount
- A District Court judge in Georgia has adopted a Magistrate Court’s recommendation and granted a defendant’s motion for summary judgment in two Fair Debt Collection Practices Act cases that argued that the balance of a judgment owed to the plaintiff by the creditor should have reduced the balance being sought by the defendant to collect on a separate debt.
- More details here
Collection Manager Sentenced to 21 Months for Role in $2M Scam
- Erica Lounsberry, 37, of Niagara Falls, N.Y., has been sentenced to 21 months in prison for her involvement in a fraudulent debt collection scheme that bilked victims out of more than $2 million. The sentencing, handed down by District Court Judge Richard J. Arcara, marks another chapter in the ongoing crackdown of an illegal debt collection ring that has landed a handful of others in jail.
- More details here
The Critical Role of Payment Options in Maximizing Collections
- If you go to a store or a website and they don’t have what you are looking for, do you settle for something similar or go somewhere else and get what you want? In a lot of cases, you’re not going to settle for what’s being offered to you. You’re going to go where they have exactly what you want. In a lot of ways, what is on your portal is the same experience. If you think offering options like PayPal or Venmo are silly, you are likely losing out. If you don’t offer payment options that consumers want to use, 70% of them are going so shop somewhere else, according to a published report.
- More details here
25 Companies Seeking Collection Talent
- Someone is looking for a Compliance and Data Analyst. Another company is hiring a Collections Manager. Resurgent Capital has openings in its compliance department. The weekly job listings summary is a great place to find your next step up the corporate ladder. Check it out!
- More details here
WORTH NOTING: How much time and money you are losing by being stuck in traffic everyday … Human life expectancy has reached its maximum, according to new research … A lot of people think that Starbucks is not affordable, compared to other coffee chains … As Hurricane Milton bears down on Florida, here is a look at the five worst hurricanes of all time, including one that killed nearly 12,000 people … Why wildfires started by humans tend to be more destructive than those started by nature … Now that the first coach has been fired, here are seven other NFL coaches who are on the hot seat … One last list of the best Amazon Prime Day deals … Wimbledon is doing away with human line judges.
Wisdom Wednesday, part I
Wisdom Wednesday, part II
The Daily Digest is sponsored by TCN. Today, contact centers need to do more with less. TCN’s cloud-based predictive dialing tools and services help clients to leverage the most sophisticated inbound, outbound, and blended calling technologies available. TCN’s award-winning platform offers multiple features to assist in compliance while improving performance with no hardware, no monthly minimums, or maintenance fees. Call 866-745-1900 or visit tcn.com today.
