The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.
GETTING TO KNOW HARVEY MOORE OF THE MOORE LAW GROUP
- When he answered these questions recently, Harvey Moore was getting ready to become a grandparent for the second time. The former president of NARCA, the National Creditor’s Bar Association, Moore has strong advice for anyone who makes the collections industry their professional home: get involved. Despite his love of being a grandparent, Moore hasn’t lost his love for the law. Even if given the chance to do anything else other than be in collections, he says he would still be representing small and mid-sized businesses. Read on to learn more about Harvey and why you might not want to bother him on the weekend.
SERIAL TCPA PLAINTIFF SETTLES 31st LAWSUIT, HAS NETTED MORE THAN $800K
- Jan Konopca’s reign of Telephone Consumer Protection Act terror against companies has come to an end. For now, at least. Konopca’s lawyer announced in December that his client had reached a settlement with FDS Bank over alleged violations of the TCPA, the 31st such time that Konopca had made such a claim against an organization. The previous 30 cases netted Konopca about $800,000, according to a letter from FDS Bank.
MULVANEY CALLS FOR REVIEW OF ALL CFPB ACTIVITIES
- Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau, yesterday announced a comprehensive review of all of the agency’s enforcement, supervision, rulemaking, market monitoring, and education activities. The reviews will be conducted in a series of a Requests For Information. The first part of the CFPB to be reviewed will be its Civil Investigative Demands, which are issued during CFPB investigations.
CFPB ANNOUNCES INCREASE IN CIVIL MONEY PENALTIES
- The Consumer Financial Protection Bureau has announced its annual inflation-related increase in the maximum it can fine an organization when assessing civil money penalties. The announcement was published in the Federal Register earlier this week.
TOTAL BK FILINGS DROP IN 2017
- The total number of bankruptcy filings decreased by about 1% in 2017, compared with 2016, according to data released by the American Bankruptcy Institute. Commercial filings increased in 2017, but personal filings declined.
WORTH NOTING: President Trump has announced the winners of his “Fake News” awards … A 216-mile long underwater cave has been found in Mexico … Only 39% of Americans would be able to come up with $1,000 by tomorrow to cover an emergency expense … An app that lets you rent ritzy hotel rooms by the minute … Five skills that will get you through any tough conversation … How Betty White, who turns 96 today, has stood the test of time … Apple announced it is creating 20,000 new jobs … The 100 most eligible singles of 2018, according to one dating app … The credit scores and debt loads for each different generation … Really busy parents share how they find time to spend an extra 30 minutes with their kids … More airlines are doing away with free checked bags.
Supermarket employees share their secrets
The best cars from the Detroit Auto Show
The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.
