Recent Posts

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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Rep. Waters Lays Out Agenda For House Financial Services Committee

Rep. Maxine Waters [D-Calif.], the new chairperson of the House Financial Services Committee, outlined her agenda for the first time yesterday during a speech and the Consumer Financial Protection Bureau is squarely in her crosshairs. Rep. Waters reiterated her intention to investigate former agency Acting Director Mick Mulvaney and said …

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Getting to Know Jim Warner of State Collection Service

Jim Warner is the only chief information officer that State Collection Service has ever had. And he’s just as motivated today as he was when he started at the company nearly 12 years ago. Being an IT executive in the ARM industry can be a challenging career path, but Jim …

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Daily Digest – January 16. How Much Collectors Make in Every State; Despite Dismissal for Lack of Prosecution, Judge Denies Request for Attorney’s Fees in FCRA Case

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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VA Dept. To Suspend Collection Activities For Gov’t Employees

The Department of Veterans Affairs has announced that individuals who are working for the federal government and have been furloughed may be eligible for a temporary suspension of collection activity if they have debts owed to the department. Specifically, individuals who have a debt because benefits were overpaid to them, …

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