Daily Digest – February 25. Third Circuit Rules Debt Buyer Qualifies as Debt Collector; Judge Grants Motion to Dismiss in FDCPA Letter Case

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.

THIRD CIRCUIT RULES DEBT BUYER QUALIFIES AS DEBT COLLECTOR UNDER FDCPA

• The Court of Appeals for the Third Circuit has upheld a lower court’s ruling that an entity that purchases debts and then places those accounts with a separate agency for collection meets the definition of “debt collector” under the Fair Debt Collection Practices Act, and is liable for any violations committed either by itself or the agency working on its behalf.

JUDGE GRANTS MOTION TO DISMISS FDCPA CLASS-ACTION OVER LACK OF INTEREST DISCLOSURE IN LETTER

• A District Court judge in Wisconsin has granted a defendant’s motion to dismiss a class-action lawsuit after it was accused of violating the Fair Debt Collection Practices Act by sending a letter to an individual in which it failed to disclose the amount owed may increase due to interest accrual.

CALIFORNIA LEGISLATORS INTRODUCE PROPOSAL TO END BALANCE BILLING

• The California state legislature is considering a bill that would prohibit hospitals in the Golden State from charging an individual more than his or her co-payment or deductible, regardless of whether the hospital was in the patient’s insurance network or not.

PIRRO CAMPAIGN SAYS $600k IN DEBTS NOT COLLECTIBLE BECAYSE SOL HAS EXPIRED

• Judge Jeanine Pirro is trying to use the law to her advantage in not having to repay $600,000 in debts from her failed bid to become a Senator back in 2006.

WORTH NOTING: Recapping last night’s Oscars … The move that won for Best Picture is no stranger to controversy … The actors who have received the most Oscar nominations without winning … A judge has dismissed charges against operators of a water park in Kansas where a boy died in 2017 … How to tell — within seconds — if someone trusts you … How you accept praise matters … Millennials are facing up to $1 trillion in debt … How successful people stay calm.

Inside the Oscar gift bag

Music Monday

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.