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APPEALS COURT RULES IN FAVOR OF DEFENDANT IN FINE-PRINT VALIDATION NOTICE
- The Third Circuit Court of Appeals has upheld a lower court decision granting summary judgment in favor of a trio of defendants who were being sued by a plaintiff because she alleged the dispute notification on her validation letter was too small to read. The ruling from the appeals court in the case of Jewsevskyj v. Financial Recovery Services, LVNV Funding, Resurgent Capital Services, and Alegis Group, can be accessed here.
CLASS-ACTION COMPLAINT ALLEGES 25% COLLECTION FEE IS ‘UNREASONABLE’
- An Oregon woman on Friday filed a class-action lawsuit against Todd, Bremer & Lawson, a South Carolina collection law firm, for allegedly violating the Fair Debt Collection Practices Act and state law in Oregon by trying to charge a 25% fee on top of the unpaid balance. A copy of the complaint can be found here.
ONTARIO SYSTEMS, PALINODE SHARE EXCLUSIVE DETAILS OF THEIR PARTNERSHIP
- Credit reporting disputes have become the industry equivalent of ants at a picnic, an endless headache with no sign of relief in sight. Ontario Systems and Palinode recently announced a partnership that will make it easier and more efficient for customers to manage disputes via e-OSCAR (Online Solution for Complete and Accurate Reporting), an online dispute-resolution tool used by the three major credit bureaus. In an exclusive interview with AccountsRecovery.net, representatives from both companies shared their perspective on what the partnership will mean for the industry.
COLLECTLY RAISES $2 MILLION IN SEED FUNDING
- Collectly, a debt collection technology start-up, has raised $1.9 million in seed funding. The company aims to help healthcare providers collect bills using technology beyond the telephone and printed letters. The company is working on partnerships with Athena Health and DrChrono to reach its goal of signing up 100,000 healthcare providers nationwide.
FCC STARTS PROCESS FOR BUILDING DATABASE OF REASSIGNED PHONE NUMBERS
- The Federal Communications Commission on Thursday announced its intention to create a database of reassigned phone numbers that will be used to keep from accidentally calling individuals whose phone numbers have been changed. Approximately 35 million phone numbers are disconnected every year and as many as 100,000 numbers are reassigned by telephone carriers every day, according to some sources.
LOSS OF MEDICAID WILL FORCE HOSPITALS TO SIGNIFICANTLY RAMP UP COLLECTION EFFORTS: REPORT
- Even though nothing has become official yet, if the Republicans are successful at adopting their own healthcare legislation, it is expected that the number of individuals without health insurance will increase, largely because of reductions in Medicaid funding. If Medicaid funding is cut, then hospitals will experience a dramatic loss in revenue and will have to increase their collection efforts, according to a report.
WORTH NOTING: The LinkedIn messages that get the highest response rates … Should you ignore your emails or try to read/answer all of them? … The vice president told a group of students that good leaders are humble. A noble message. Then, the vice president went on to ignore his message and praised president Trump … Did you watch “Game of Thrones” last night? What did you think? One reviewer thought the episode was “too slow” … My wife and kids will tell you that I’m terrible at celebrity sightings, but I did pick out Ed Sheeran in last night’s GoT … A look at 18 products that didn’t exist 10 years ago … The president’s approval ratings six months into his term are among the lowest ever … Since I have three kids, I totally believe it, but maybe you won’t believe how much people are spending on their kids’ birthday parties … Alzheimer’s disease will cost the country $1.1 trillion by 2025 if we don’t find a cure.
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The Daily Digest is sponsored by T-Max Dialer & Communications, the leader in hosted inbound and outbound dialer technology.