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.
APPEALS COURT CALLS OUT PLAINTIFF’S ATTORNEY’S CONDUCT IN DENYING FEES IN FDCPA CASE
- Anytime an Appeals Court opinion includes the phrase “ridiculous facts” and questions the conduct of the plaintiff’s attorneys, you know the ruling is going to be a fun read and the Fifth Circuit’s affirmation of a lower court’s ruling denying the plaintiff an award of reasonable attorney’s fees in a Fair Debt Collection Practices Act case does not disappoint.
BIPARTISAN BILL INTRODUCED IN SENATE TO STIFFEN PENALTIES FOR ROBOCALLS
- A bipartisan bill has been introduced in the Senate that would increase the penalty for robocalls to $10,000 per violation and give the Federal Communications Commission two extra years to make enforcement action against individuals making robocalls.
TOTAL HOUSEHOLD DEBT CONTINUES TO INCREASE, AS DO STUDENT LOAN DELINQUENCY RATES
- The amount of total household debt in the United States hit another new record during the third quarter, which also marked the 17th straight quarterly increase in the figure, as individuals continued to take on more debt, especially student loans.
OLDER AMERICANS CARRYING SIGNIFICANT AMOUNTS OF DEBT
- For all the talk that collection agencies need to be spending more time and working harder at understanding millennials, maybe they should be looking at the other end of the generational spectrum, according to data released by the Federal Reserve Board of New York.
WORTH NOTING: A story of the book that sat on the shelves for 27 years before being sold … Are the Cleveland Browns really going outside the box in looking for their new coach? … President Trump wants to give himself a grade higher than an A+ … The cities with the best job opportunities … The top healthy food trends for 2019 … The one thing that makes employees happy while at work, according to a survey conducted by LinkedIn … How your office affects your productivity … One reason why I don’t go into airplane bathrooms … How to avoid overspending on holiday gifts … A teenage racecar drive broke her back in a horrific crash … How the First Lady spent $174,000 on hotels during a trip where she didn’t spend the night … The CEO of Nissan is in some hot water.
How to clean your kitchen like a scientist
A personal roller coaster
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.