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 MTD OVER ILL-TIMED USE OF SAFE HARBOR LANGUAGE IN LETTER
- A District Court judge in Wisconsin has denied a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act because it included safe harbor language in a collection letter that it did not need to include.
BILLIONAIRE CREATES FUND TO HELP FIGHT ‘OUTLANDISH’ ATTORNEY FEES IN COLLECTION SUITS
- Frank VanderSloot, Idaho’s richest man, and his wife Belinda announced yesterday the creation of a $500,000 fund to help residents defend themselves against “unreasonable attorney fees” in collection-related lawsuits, specifically mentioning attorneys for an agency “who appear to be using unscrupulous methods to take small debts of a few hundred dollars and transform them into huge debts of thousands of dollars by adding outlandish attorney fees.”
REPORT DETAILS ‘LONG ODDS’ CONSUMERS FACE WHEN FIGHTING COLLECTION SUITS
- The Atlanta Journal-Constitution has published an in-depth report on how small claims courts and the legal system “stack the deck against consumers” when sued by collection agencies.
DEADLINE LOOMING TO APPLY FOR CFPB’S CAB
- You only have another week to submit your application if you are looking to be invited to join the Consumer Financial Protection Bureau’s Consumer Advisory Board.
WORTH NOTING: The unintended victims of the NFL draft in Nashville — bachelorettes … The 10 most hacked passwords in 2019 … The one perk that could cause more than a third of employees to leave if it wasn’t offered … Today is National Pretzel Day … How to recover from a bad job interview … You’re not getting enough sleep, and it’s killing you … More people will be skipping vacations this summer because they can’t afford them … Why people are leaving New York and New Jersey.
Inside a real-life “Flintstones” house
Funny Friday
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.