Daily Digest – September 14. Debt Collector Sentenced to Three Years in Prison for Tax Evasion; ACA Survey Assesses Damage From Call Blocking

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.

 

DEBT COLLECTOR SENTENCED TO THREE YEARS IN PRISON FOR TAX EVASION

• A debt collector from Buffalo who pleaded guilty to income tax evasion was sentenced to three years in prison yesterday and was ordered to repay nearly $1.5 million in unpaid taxes.

 

ACA INTERNATIONAL SURVEY ASSESSES DAMAGE FROM CALL BLOCKING, LABELING ON CONTACT RATES

• ACA International has published the results of a survey it conducted of its members regarding the troubling issues that collection agencies are having with call blocking and labeling, showing just how much harder it is to get in touch with individuals on the phone today.

 

SENATE DEMOCRATS DEMAND ANSWERS FROM MULVANEY

• A group of 15 Democratic Senators last night sent a letter to Mick Mulvaney, the acting director of the Bureau of Consumer Financial Protection, “seeking information so that we may evaluate the independence and effectiveness” of the agency’s student loan ombudsman’s office.

 

BCFP FILES FIRST LAWSUIT UNDER MULVANEY

• Following the lead of a number of state attorneys general, the Bureau of Consumer Financial Protection yesterday filed suit against Future Income Payments, a pension advance company, for allegedly engaging in deceptive marketing tactics. This marked the first suit that has been filed against a company since Mick Mulvaney was named acting director of the BCFP last November.

 

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A live feed of Hurricane Florence

Funny Friday

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.