Daily Digest – September 28. Report Cites Fees Tacked On To Collections From Ohio AG’s Office; TCPA Lawsuit Filed Against Wells Fargo

Some quick links to start your Monday. WALZ Compliance Solutions is hosting a webinar on Wednesday related to a Pennsylvania case involving a FDCPA action related to misleading statements included on a foreclosure notice … 30 million Americans have dipped into their retirement savings to cover emergency costs in the past year, according to a survey from Bankrate.com … More companies are ditching employee performance reviews because they do little but waste time and energy. More companies are opting for more frequent conversations between managers and employees … United Airlines booted two passengers off an overbooked flight last week – a Nobel prize-winning economist and his wife – because they paid the lowest fare. That seems a very greedy way of choosing who to strand  … The secret to telling your boss he or she made a mistake … Three time management mistakes you are likely making … How to perform under pressure and succeed … Not sure whether the lesson in this story is never put your cash in a box meant for chicken wings, or doing the right thing will get you a year’s worth of free pizza … Who knew there was a wrong way to wash your hands … Blind ambition was to blame for Volkswagen’s demise … Now, this is getting serious. A drought in the Pacific Northwest is now causing problems for craft beer-makers.


  • In Ohio, the attorney general’s office has a collections enforcement unit that is charged with recouping many different kinds of fees, such as unpaid debts to public universities or public health bills that are not paid. In total, there is about $34 billion in debt owed to the state of Ohio by individuals and corporations. In many cases, the AG’s office outsources collections efforts to outside lawyers known as “special counsels.” But, in a lot of cases, both the AGs office and the special counsels are tacking fees (10% for the AGs office and up to 33% for special counsel) on top of the debt, dramatically increasing the balance. Ohio is different from neighboring states in this practice. Some consumer advocates are starting to complain that doing so is unfair.
  • An Illinois man is suing Wells Fargo for violating the Telephone Consumer Protection Act for calling and sending text messages to his cell phone in an attempt to collect a debt for a third-party who is not related to the plaintiff. The man received about 30 calls and text messages.

Your brain is so judgmental


Are you a night owl or an early riser? It boils down to genetics.

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