Recent Posts

Daily Digest – May 23. Getting to Know Vinetta Orcutt of Chapman Financial Services; Appeals Court Rules Dismissal of FDCPA Suit was Premature

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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Why You Might Not Want to Try Negotiating With a Millennial

Recently, AccountsRecovery.net held a webinar discussing the differences in trying to collect from individuals from different generations, discussing whether different methods and strategies are needed when collecting from millennials as opposed to baby boomers. One of the things that was not discussed, but maybe should have, are the increasingly talented …

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Consumers First Act Passes in House in Largely Symbolic Gesture

In a largely symbolic gesture, the House of Representatives yesterday passed the Consumers First Act, which would overhaul the Consumer Financial Protection Bureau and undo many of the changes put in place during the year-long tenure of former Acting Director Mick Mulvaney. The bill passed in the House by a …

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LucentPay Acquires Global Collection Systems

Chandler, AZ (May 23, 2019) – LucentPay, provider of adaptable and ARM-focused payment solutions designed for agency profitability, today announced it has acquired Global Collection Systems (GCS), a leading provider of virtual collection technology. Combined, the company continues to serve the ARM industry with payment partnerships that improve agency profitability. …

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Appeals Court Rules Dismissal of FDCPA Suit Was Premature

The Third Circuit Court of Appeals has overturned a lower court’s summary judgment ruling in favor of a defendant in a Fair Debt Collection Practices Act case on a legal technicality, sending the case back to the District Court for further proceedings. The defendant had withdrawn one of its arguments …

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Daily Digest – May 22. Consumers File Three Times as Many Comments on Day One of Proposed Rule Comment Period; Judge Grants MTD in Overshadowing 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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Judge Grants MTD in FDCPA Overshadowing Case

A Magistrate Judge in a District Court in Alabama has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act by sending a second collection letter during the validation period that offered a settlement and informed the plaintiff that the account …

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CFPB’s Enforcement Director Resigns

Another senior director in the enforcement unit at the Consumer Financial Protection Bureau has resigned, according to a published report. Kristen Donoghue, who was assistant director for enforcement at the CFPB, followed Eric Blankenstein, who was the policy director for supervision, enforcement, and fair lending, out the door, although it’s …

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Judge Grants MTD in FDCPA Case Over Lack of Response

In another one of those “if you get a letter from a debt collector saying you need to contact them, please do so” cases, a District Court judge in Indiana has dismissed a case against a collector that was accused of violating the Fair Debt Collection Practices Act because it …

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