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.
WHY INDUSTRY SHOULDN’T START ITS TOUCHDOWN DANCE TOO EARLY
- It was very interesting to note from Wednesday’s Debt Collection Town Hall hosted by the Consumer Financial Protection Bureau that consumer advocates really only made passing reference to the financial responsibility that individuals should bear when repaying debts. One consumer lawyer went as far as to suggest that debts that were beyond the statute of limitations should not be collected on, in any form. Then yesterday, a published report from a mainstream media outlet discussing whether individuals should pay off “old collection debts,” included this little chestnut: “paying of your old collection debt isn’t always the best move.”
JUDGE DENIES MTD IN TCPA CASE OVER COLLECTION CALLS
- A District Court judge in Florida has denied a defendant’s motion to dismiss after it was sued for allegedly violating the Telephone Consumer Protection Act by making collection calls to an individual’s cell phone using an automatic telephone dialing system without first receiving expressed permission to do so.
LOBBYISTS RAMPING UP PRESSURE TO GET TRACED ACT PASSED, AS CBO REPORT DETAILS FINANCIAL IMPACT OF BILL
- While one of the key prongs of the TRACED Act is stiffening the penalties that can be levied against individuals charged with making illegal robocalls, it is unlikely that any revenue generated by the fines would be significant, “because it would probably be difficult to collect assessed penalties,” according to a report released yesterday by the Congressional Budget Office.
PRESIDENT CALLS FOR END TO SURPRISE MEDICAL BILLING
- President Trump yesterday called for an end to surprise medical billing, when an insured patient receives a bill from a healthcare facility where all or part of the practitioners are not part of the patient’s insurance network.
WORTH NOTING: Severe storms and flooding are pounding Southern states … Singing the national anthem is a lot harder than it looks … Don’t love your kids more than you love your spouse … The U.S. Army is rolling out new uniforms with a retro feel … Something to think about the next time you hop in the backseat of an Uber or Lyft … A Rhode Island school district is changing its policy after being accused of lunch shaming kids who have unpaid school lunch debts … How to overcome the Sunday night blues … Jeff Bezos unveils a new lunar lander.
Seven islands nobody wants to buy
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.
