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Troy, Mich., (June 17, 2019) – TECH LOCK and HoganTaylor are pleased to announce a partnership agreement to provide SOC 2 audits to TECH LOCK clients. “Our team is excited to leverage the capabilities and skill sets of both organizations to benefit our clients through an expanded service offering,” said Brian McManamon, …

Buffalo, New York-June 19, 2019-Northwood Asset Management Group announces a donation to Stop Abuse in support of their efforts to teach children how to recognize and prevent child sexual abuse.  “Our donation is grounded in the shared belief that nothing is more important than the safety of our children,” says Andrew …

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 District Court judge in Alabama has partially dismissed a plaintiff’s motion for summary judgment and partially granted a defendant’s motion to dismiss after it was sued for allegedly violating the third-party disclosure provisions of the Fair Debt Collection Practices Act during a conversation with the plaintiff’s mother. A copy …

As consumers, we are inundated with agreements. Visiting websites, signing up for new services, or often just updates to things we have bought or signed up for in the past, we are asked to agree to a lot of different provisions. But who takes the time to read all of …

Following up on a report last week, a bill has been introduced in the Senate by Sen. Catherine Cortez Masto [D-Nev.] that would criminalize robocalls, with the intention of putting perpetrators behind bars. Senate Bill 1826, the “Deter Obnoxious, Nefarious, and Outrageous Telephone Calls Act of 2019” or DO NOT …

The collection agency that was involved in a data breach that compromised the personal and financial information of more than 20 million individuals has filed for bankruptcy protection, saying it could not afford the expenses of dealing with the breach’s fallout. A copy of the company’s bankruptcy filing from the …

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 …

Maybe the tide of lawsuits related to the dispute notification in validation notices in the Third Circuit is finally turning in favor of the credit and collection industry. A District Court judge in New Jersey has dismissed a class-action lawsuit filed against a collection agency for allegedly violating the Fair …

It can be very easy for collection agencies to get bogged down in what is known as “analysis paralysis” when attempting to figure out the productivity of collectors, because there are so many different data points and variables that can be factored into an equation. But just because there are …

An organization that was collecting and servicing student loans for a bankrupt for-profit university will forgive $168 million in loans and ask credit bureaus to delete tradelines relative to the debts under a settlement that has been reached with the Consumer Financial Protection Bureau. Student CU Connect CUSO, LLC was …

Congress has approved a bill that will change the type of unpaid income tax debts that can be placed with private collection agencies. Both the House of Representatives and the Senate last week passed votes on the Taxpayer First Act, which includes a series of reforms at the Internal Revenue …

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 …

Yet another Senator is planning on introducing yet another bill aimed at eliminating robocalls, according to a published report. This time, it’s Sen. Catherine Cortez Masto [D-Nev.], who plans to introduce legislation that would criminalize robocalls. Sen. Cortez Masto is joined by Sen. Charles Schumer [D-N.Y.], Sen. Amy Klobuchar [D-Minn.], …

Sen. Elizabeth Warren [D-Mass.] and Rep. James Clyburn [D-S.C.], are planning to introduce legislation in both the House of Representatives and Senate to eliminate $50,000 of student loan debt for all Americans, which would cancel the student loan debt for 75% of borrowers, according to a release from both lawmakers. …