The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs, and collection agencies worldwide.
APPEALS COURT UPHOLDS STRICT TIME LIMIT ON STATUTE OF LIMITATIONS
- The Third Circuit Court of Appeals yesterday reversed a District Court ruling that had granted summary judgment in favor of a debt collector that was accused of violating the Fair Debt Collection Practices Act as well as a state statute in New Jersey for allegedly suing to collect on a debt in which the statute of limitations had expired.
DISTRICT COURT DISMISSES LAWSUIT OVER 40% COLLECTION FEE
- A debt collector and the Miami-Dade Clerk of Courts have had a lawsuit against them dismissed that challenged the 40% collection fee that an individual was charged. Judge K. Michael Moore of the District Court for the Southern District of Florida rejected all of the plaintiff’s claims in granting the dismissal.
DIVERSE FUNDING SPENDS $2.5M ON NEW HQ
- Diverse Funding Associates, a debt buyer and collection agency, last week spent $2.55 million to purchase a 25,000-square foot building in Amherst, N.Y., and plans to move its operation there. The building has one tenant, but has nearly 16,000 square feet of vacant office space, according to a published report.
NEW OREGON CONSUMER PROTECTION LAW NOW IN EFFECT
- House Bill 2356 went into effect in Oregon on Monday, putting into place a host of new requirements for debt buyers and collection agencies. AccountsRecovery will be hosting a free webinar tomorrow, Thursday, Jan. 4, to go over the law and how ARM industry companies must change their policies and procedures to comply. Register here.
WORTH NOTING: A contestant on “Jeopardy” lost $3,200 for not being gangsta enough … Everyone on the East Coast already knows how miserable this winter has been already and now there’s talk of a “bomb cyclone” going off to make things even worse … DJ Khaled has some street cred among people trying to lose weight … Amazon has patented a mirror that allows you to virtually try on clothes … Three things you need to do to be an inspiration to others … Highly successful people share their New Year’s resolutions … The 10 “best-mannered” people in 2017 … My only question about this is: are tape measures involved? … Former smokers share their tips about how they quit for good … Why you shouldn’t expect a raise this year … How the quality of care is suffering at nursing homes across the country.
How to take the ideal nap
Easy steps to get out of debt
The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs, and collection agencies worldwide.