Home / Daily Digest / Daily Digest – October 11. Getting to Know Tory Hotaling of Optio Solutions; Class Action Suit Filed Against Agency For Indicating Settlement May Impact Future Credit

Daily Digest – October 11. Getting to Know Tory Hotaling of Optio Solutions; Class Action Suit Filed Against Agency For Indicating Settlement May Impact Future Credit

The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.

 

GETTING TO KNOW TORY HOTALING OF OPTIO SOLUTIONS

  • Tory Hotaling may have had an inauspicious start to his career in the ARM industry, but his perseverance and work ethic won the day and now, nearly three decades later, that slow start is nothing but the character-building funny part in the movie of his life. Read on to learn more about Tory and how he hasn’t forgotten the people who have helped him get to where he is today.

 

CLASS ACTION SUIT FILED AGAINST AGENCY FOR INDICATING SETTLEMENT MAY IMPACT FUTURE CREDIT ACCESS

  • A class-action lawsuit has been filed against a collection agency, accusing it of violating the Fair Debt Collection Practices Act for indicating in a letter that the individual may be offered less favorable credit terms in the future from the original creditor if the debt was settled for less than the full balance.

 

MORE THAN HALF OF METASTATIC BREAST CANCER PATIENTS HAVE BILLS IN COLLECTION: SURVEY

  • More than half of 1,054 patients with metastatic breast cancer who participated in a survey recently indicated they had stopped or were refusing treatments because of the cost, and 54% of those who were surveyed said they had been contacted by a debt collector because of an unpaid cancer-related debt.

 

COLLECTION AGENCY DENIED VARIANCE FOR PARKING SPOTS, MAY HAVE TO MOVE

  • A collection agency in Skokie, Ill., is fighting to stay in its offices because a growth spurt is angering local residents. Residents are upset that employees of the agency, Unifin, are parking on the street because the office building they work in does not have enough parking spots to accommodate the new influx of employees. The company has grown to more than 100 employees, up from 15 when the agency moved into its current office.

 

NAVIENT REQUEST SPECIAL MASTER TO HELP WITH DISCOVERY IN BCFP SUIT

  • Navient has submitted a request to a federal judge to help it obtain documents from the Bureau of Consumer Financial Protection to fight a lawsuit the agency has filed against the student loan servicer.

 

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The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.

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