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 to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com.
JUDGE DISMISSES FDCPA SUIT OVER FREQUENCY OF PHONE NUMBER USAGE IN COLLECTION LETTER
- A District Court Judge in New Jersey has dismissed a class-action suit against a collection agency that was accused of violating the Fair Debt Collection Practices Act by sending a letter that would confuse the least sophisticated consumer about how to dispute a debt.
AUDIT REPORT DETAILS SPECIFIC COLLECTION DATA OF AGENCIES WORKING ON BEHALF OF IRS
- A comprehensive audit of the activities of four private collection agencies (PCAs) tasked with going after unpaid taxes owed to the Internal Revenue Service has revealed that the agencies are collecting 1.6% of what has been placed, despite having customer satisfaction scores.
DEBT COLLECTION COMPLAINTS FALL BEHIND CREDIT REPORTING AMONG ISSUES FOR SERVICEMEMBERS
- Even though issues related to debts continue to plague servicemembers, the number of complaints associated with debt collection has been surpassed by issues that those in the military are having with credit reporting, according to a report issued by the Consumer Financial Protection Bureau.
FINANCIAL CHALLENGES, INCLUDING AMOUNT OF BAD DEBT, KEEPING HOSPITAL CEOs AWAKE
- The amount of bad debt is keeping hospital chief executive officers awake at night, according to the results of a poll conducted by the American College of Healthcare Executives.
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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 to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com.