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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 …

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 …

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 …

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. …

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 The defendant had withdrawn one of its arguments …

Like many, Vinetta Orcutt’s start in the industry was a fairly common story — she needed a job. But what she found was a career. It didn’t take long for her to fall in love with her new surroundings and she hasn’t looked back since. Read on to learn more …

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 …

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 …

Consumer comments on the Day One of the 90-day comment window for the Consumer Financial Protection Bureau’s Notice of Proposed Rulemaking related to debt collection outnumbered collection industry comments by a ratio of three to one, and the consumers definitely appear to be unhappy with what has been proposed. Comments …

The Illinois Senate yesterday joined the state’s House of Representatives in unanimously passing a bill that decreases the post-judgment interest rate that can be charged on unpaid debts and lowers the timeframe that judgment holders have to collect. The Consumer Fairness Act of 2019 now heads to Gov. J.B. Pritzker …

A bill has been introduced in the Senate that would amend both the Fair Credit Reporting Act and the Fair Debt Collection Practices Act to enhance consumer protections related to medical debt. Senate Bill 1581 was introduced yesterday by Sen. Jeff Merkley [D-Ore.] and is being co-sponsored by Sen. Richard …

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 …

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 …

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 …

A District Court judge in New Jersey has granted a defendant’s motion for summary judgment after it was sued for allegedly violating the Fair Debt Collection Practices Act by including an invitation for the plaintiff to contact the defendant via telephone in an initial collection letter, creating confusion over the …