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The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com.
JUDGE DENIES MOTION TO DISMISS FDCPA CASE OVER COLLECTOR NOT HAVING PROPER LICENSE
- A District Court judge in New Jersey has denied a motion to dismiss and a motion for summary judgment filed by a collection agency after it was accused in a class action lawsuit of violating the Fair Debt Collection Practices Act by not having the proper license to purchase the plaintiff’s debt, which did not give the defendant the legal ability to collect on the debt.
DESPITE BEING IN BLACK, TAXPAYER ADVOCATE STILL HAS HARSH WORDS FOR IRS COLLECTION AGENCY PROGRAM
- Private debt collection is one of five “serious” problems at the Internal Revenue Service, according to the National Taxpayer Advocate in her annual report to Congress, arguing that the program of outsourcing unpaid debts to one of four collection agencies “continued to burden taxpayers who are likely experiencing economic hardship while inactive private collection agency inventory accumulates.”
PROPOSED BILL IN TEXAS WOULD SET TIMEFRAME ON STARTING LEGAL ACTION, REQUIRE DEBT BUYERS MAKE ADDITIONAL DISCLOSURES
- Eric Rosenkoetter from Maurice Wutscher is the first to alert the industry to another new proposed state law, this time in Texas. This time, the newly introduced bill — the Fair Consumer Debt Collection Act — is intended to limit the period of time in which a debt buyer may initiate a legal action of force arbitration as well as provide additional disclosures that must be made to individuals.
MORE SIGNS POINT TO WEAKENING ECONOMY
- Data released this week by the Federal Reserve Board of New York is sending up red flags that consumers’ financial conditioning may be weakening, and signs of a recession may be on the horizon.
COLLECTIONS REPRESENT REVENUE OPPORTUNITY FOR MEDICAL BILLING COMPANIES: SURVEY
- More medical billing companies are looking to expand their product and service offerings into the revenue cycle management space, including patient collections, according to the results of a survey conducted by Kareo, a software platform for billing companies.
NORDIS TECHNOLOGIES EXPANDS MOBILE OPERATIONS FOR DIGITAL CUSTOMER COMMUNICATIONS
- Nordis Technologies has enhanced the omnichannel capabilities of its Expresso™ customer communications management system by adding texting/SMS and is now offering ExpressoWallet to deliver virtual membership cards and mobile statements into the wallet applications installed in virtually all modern smartphones powered by Apple and Google.
WORTH NOTING: Of course a dog named King would win Best in Show … This is not something I would ever want to be caught doing on the back of a motorcycle … Google can now tell you if your password has been hacked … More surprises that tax refunds are lower than expected … Seven ways to become smarter every week … The net worth of every U.S. president … An airline is suing a passenger for missing a flight … A cynical view of love and Valentine’s Day … Why is Hollywood obsessed with Groundhog Day? … An NYPD detective was killed by “friendly fire” … For fans of “Harry Potter” and theme parks.
Why cold weather cancels so many flights
A sleep technique to help you get what you want
The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com.
