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
JUDGE DISAGREES WITH PLAINTIFF THAT WORDING IN COLLECTION LETTER WAS ‘EPHEMERAL’
- A federal judge has granted a collection agency’s motion to dismiss a lawsuit after it was accused of violating the Fair Debt Collection Practices Act because it used the phrase “current balance” in a collection letter, which may have confused the plaintiff about how much was owed because the word is “ephemeral.”
BILL IN NEW MEXICO WOULD END SURPRISES CAUSED BY BALANCE BILLING
- Draft legislation is being circulated in New Mexico that would seek to end the surprises caused by balance billing, when a patient receives a bill for a stay in the hospital that is not covered by insurance.
HOW CHRISTMAS SHOPPING PRESENTS AN OPPORTUNITY FOR THE ARM INDUSTRY
- Collection agency executive, now is your time to shine. So many of the individuals who have participated in the Getting to Know profile series have answered the question “What is the one thing you wish you could change about the industry” in the same way — by wishing that the negative stigma attached to debt collections would go away. The calendar and America’s dependence on credit may be offering an opportunity to grant that wish.
WORTH NOTING: Happy Boxing Day … An update on the government shutdown while employees who have been furloughed share their stories … A baseball prospect pays off his parents’ debts for Christmas … The best moments in comedy from 2018 … The number one secret to being the lord of time management … How to pay off all that credit card debt … How to know if you are a good person … NASA found blue sand on Mars … The best after-Christmas sales … President Trump was the first president in 16 years not to visit troops on Christmas … Things that smart people won’t say at work.
How Jeff Bezos spends his money
What Hollywood gets wrong about art heists
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.