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 LOWERS PLAINTIFF’S ATTORNEY AWARD IN FDCPA CASE BY $70k
- A District Court judge in Florida has dropped the amount sought by a handful of plaintiff’s attorneys who won a Fair Debt Collection Practices Act case to $184,000, from their original request of $254,000, ruling the lawyers were asking too much in their hourly rate and were not entitled to fees when the case was appealed to the Eleventh Circuit.
FDIC REACHES SETTLEMENT IN CHOKE POINT CASE
- The Federal Deposit Insurance Corp. announced last week that it had “resolved” a lawsuit filed by a number of payday lenders, alleging that banks had used Operation Choke Point to cut off the lenders’ access to financial services.
STATE AGs WANT ED. DEPT. TO DISCHARGE STUDENT LOAN DEBTS OF DISABLED VETS
- The attorneys general from 47 states, a number of American territories, and Washington, D.C., have submitted a request to the Department of Education seeking to discharge the student loan debts of veterans who are totally and permanently disabled or otherwise unemployable.
DEBT BUYING PONZI SCHEME NETS MASTERMIND 50 YEARS IN PRISON
- Edwin Fujinaga, the former president and chief executive officer of MRI International Inc., which was said to be an investment firm and medical collections and debt buying operation, has been sentenced to 50 years in prison for orchestrating a $1.5 billion Ponzi scheme.
WHAT THE EXPERTS THOUGHT ABOUT LAST WEEK’S MOST NOTABLE COMPLIANCE CASES
- Stefanie Jackman, Mitch Williamson, Michael Klutho, Dennis Barton, Rick Perr, June Coleman, and Mark Rooney. What do they all have in common? They all shared their insights into the most notable compliance cases in the past week. Read what some of the leading minds in the industry have to say in this week’s Compliance Digest, sponsored by Applied Innovation.
WORTH NOTING: Tornados touched down in Dayton, Ohio last night and this morning … Being an actor isn’t always all it’s cracked up to be … The age at which you have the most self-esteem … The value of a dollar in every state … IHOP is changing its name again … The must-have words you need on your resume … Where to get deals on National Burger Day … Human traffic james on Mt. Everest are leading to more deaths than usual … The cities where college grads have the most student loan debt … Four-day school weeks might be a thing coming to your school district soon.
Why Google kills so many products
How to keep fruits and vegetables fresh longer
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.