Home / Daily Digest / Daily Digest – June 17. N.J. Judge Dismisses Class-Action FDCPA Suit; How to Avoid ‘Analysis Paralysis’ When Assessing Collector Productivity

Daily Digest – June 17. N.J. Judge Dismisses Class-Action FDCPA Suit; How to Avoid ‘Analysis Paralysis’ When Assessing Collector Productivity

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.

N.J. JUDGE DISMISSES CLASS-ACTION FDCPA SUIT OVER DISPUTE NOTICE LANGUAGE IN LETTER

  • A District Court judge in New Jersey has dismissed a class-action lawsuit filed against a collection agency for allegedly violating the Fair Debt Collection Practices Act by using the statutory dispute notice language in a collection letter.

HOW TO AVOID ‘ANALYSIS PARALYSIS’ WHEN ASSESSING COLLECTOR PRODUCTIVITY

  • It can be very easy for collection agencies to get bogged down in what is known as “analysis paralysis” when attempting to figure out the productivity of collectors, because there are so many different data points and variables that can be factored into an equation.

CFPB SETTLES WITH ORG. SERVICING ITT TECH LOANS

  • An organization that was collecting and servicing student loans for a bankrupt for-profit university will forgive $168 million in loans and ask credit bureaus to delete tradelines relative to the debts under a settlement that has been reached with the Consumer Financial Protection Bureau.

CONGRESS PASSES TAX REFOM BILL, INCLUDES CHANGES FOR PRIVATE DEBT COLLECTION PROGRAM

  • Congress has approved a bill that will change the type of unpaid income tax debts that can be placed with private collection agencies.

WORTH NOTING: Of the eight winners in last month’s Spelling Bee, five had the same coach … The least affordable housing markets in the country … Six ways to be a more positive person … Why you should avoid superlatives in job postings … Fans of the Pomodoro Technique might not like reading this … A lot of people who are being nominated for jobs by President Trump are withdrawing … Google Photo hacks to tame picture overload … Why women are paying to give birth in the Spring … How successful people handle toxic people.

The importance of lateral thinking

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

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APPEALS COURT UPHOLDS LOWER COURT’S SUMMARY JUDGMENT RULING FOR DEFENDANT IN FCRA CASE The Third …

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