Daily Digest – March 26. Getting to Know Nate Kalnins; Senate Passes Relief Bill — What it Means for Collections

GETTING TO KNOW NATE KALNINS OF THE STARK COLLECTION AGENCY

  • Working in collections is the only job that Nate Kalnins has ever known, and he couldn’t be happier about that. Having started as a part-time collector in college and now an executive vice president, Nate has displayed an affinity and passion for the industry that is emblematic of what makes people in the industry so special. Read on to learn more about Nate and the great advice his grandfather gave him as a child that he still lives by today. The Getting to Know series is sponsored by Arbeit.

SENATE UNANIMOUSLY PASSES RELIEF BILL, WHICH WOULD RESTRICT STUDENT LOAN COLLECTIONS ONLY

  • The Senate on Wednesday unanimously approved a $2.2 trillion relief package to help the economy through the coronavirus pandemic, and other than establishing a prohibition against the collection of student loans, the bill does nothing else to restrict companies in the collection industry from continuing to operate.

BILL INTRODUCED IN OHIO TO PROHIBIT DEBT COLLECTION DURING PANDEMIC

  • Following the lead of a Senator from his home state, state Rep. Thomas West, a member of the Ohio House of Representatives introduced a bill yesterday that would prohibit debt collection in The Buckeye State.

APPEALS COURT AFFIRMS RULING FOR DEFENDANT IN FDCPA CASE

  • The Court of Appeals for the Second Circuit has affirmed a lower court’s summary judgment ruling in favor of a defendant that was accused of violating the Fair Debt Collection Practices Act by doubling the amount of the debt that was owed in a collection letter because the letter was not the initial communication between the two parties.

WORTH NOTING: An FAQ on the stimulus bill … Homeowners in California will not face foreclosure for the next 90 days … Is now really the time to be an idiot inside a grocery store? … For women who are always looking for a reason to wear their wedding dress again … McDonald’s is paring its menu in response to the coronavirus pandemic … A topic the collection industry is wrestling with — the tone of conversations with interacting with consumers … How the gig economy can help people make some extra money … Why are men more likely to die from coronavirus? … Bill Gates has some harsh predictions for the impact of coronavirus.

Satisfying kitchen gadgets

Eating habits that say a lot about your character

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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Daily Digest – March 25. Senate, White House Reach Deal on Stimulus Package; Coronavirus Update

SENATE, WHITE HOUSE REACH DEAL ON STIMULUS PACKAGE, BUT QUESTIONS ABOUT DEBT COLLECTION REMAIN The …

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