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.
CFPB ANNOUNCES MAY 8 TOWN HALL, RUMORS FLYING RULE RELEASE WILL COINCIDE WITH MEETING
- The Consumer Financial Protection Bureau on Friday announced a town hall meeting in Philadelphia on Wednesday, May 8, leading many in the industry to treat that date as the likely birth announcement for the agency’s proposed debt collection rule.
APPEALS COURT AFFIRMS DISMISSAL OF FDCPA LETTER SUIT
- The Court of Appeals for the Eighth Circuit has affirmed a lower court’s dismissal of a lawsuit ruling that a defendant did not violate the Fair Debt Collection Practices Act by using a registered DBA and referring to itself as “professional debt collectors” in a collection letter that was signed by an individual who was not licensed to collect debts in the state in which the plaintiff resided.
HOUSE SUBCOMMITTEE TO HOLD ROBOCALL HEARING TOMORROW
- The House Committee on Energy and Commerce’s Subcommittee on Communications and Technology has announced a legislative hearing will be held tomorrow at 10am on the topic of “Legislating to Stop the Onslaught of Annoying Robocalls.”
12% OF OUTPATIENT PROVIDERS PLANNING TO SWITCH RCM PROVIDERS: SURVEY
- Nearly one-in-eight outpatient medical providers are planning on replacing their revenue cycle management providers during the next 18 months, according to a recently released survey.
GUEST POST: CONSIDERATIONS FOR DECEASED ACCOUNT RECOVERY
- Tracey Bannochie, the chief operating officer of DCM Services, pens a guest column on understanding that the significant differences between traditional debt recovery and deceased account recovery, and the specialized treatment that deceased accounts require.
WORTH NOTING: A new type of cheating — financial infidelity — is on the rise … When trying to catch your husband cheating, don’t call in a fake burglary at your house … The 20 “best value” colleges … How to make money online without quitting your day job … Meet an 8-year-old who helped save his sister from being kidnapped … It’s never a good thing if you have to defend your draft pick … The skills you will need for the future of work … Why you shouldn’t run a marathon dressed as Big Ben.
Don’t mistake a bad outcome for a bad decision
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.