Recent Posts

Daily Digest – January 22. Judge Denies Motion to Dismiss FCRA Suit Over Statute of Limitations; Judge Denies Motion to Dismiss After Firm Accused of Suing Wrong Person

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 …

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AccountsRecovery.net Launches Digital Communication Survey

Digital communication tools, such as text messaging, emails, and direct drop voicemails have become far more popular in recent years as collection agencies expand beyond phone calls and letters in attempts to reach individuals who are becoming less accessible. But there is still some uncertainty about the compliance risks, costs, …

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Defendant Wins Summary Judgment in TCPA Case

A defendant accused of violating the Telephone Consumer Protection Act has been awarded summary judgment in a case that tackled the definition of an automatic telephone dialing system as well as the revocation of consent. A copy of the ruling in Thompson-Harbach v. USAA Federal Savings Bank can be accessed …

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CFPB Announces Annual Increase in Civil Money Penalty Fines

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The Consumer Financial Protection Bureau has announced its annual increase in the size of civil money penalties it is allowed to assess for violations of certain federal statutes. Similar to 2018, fines for violations of the Consumer Financial Protection Act, the Truth in Lending Act, the Real Estate Settlement Procedures …

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Bad Debt at Minnesota Hospitals Keeps Climbing: Report

The amount of bad debt incurred by hospitals in Minnesota increased by 25% in 2017 compared with a year earlier, and stood at $467 million, as more individuals with high deductible health plans are unable to meet their financial obligations, according to a report issued by the Minnesota Hospital Association. …

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DebtTrader.com supports RMAI’s 22nd Annual Conference with Silver Sponsorship

January 15, 2019 (Sacramento, CA) – DebtTrader.com has once again demonstrated their ongoing commitment to the Receivables Industry through silver sponsor of the Receivables Management Association International (RMAI) Annual Conference, occurring February 5–7, 2019. The conference brings together key participants in the receivables management industry, including debt buying companies, collection …

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