Daily Digest – July 2. Getting to Know Mary Hare; Judge Grants Motion for Defendant Accused of Threatening to Sue

GETTING TO KNOW MARY HARE OF VITAL RECOVERY SERVICES

  • Too many of us do not recognize our career journey for what it is and how it makes us unique. Mary Hare is not one of those people. By working in just about every area of collections during her career in the industry, she understands the perspective it provides her and does not take that for granted. Read on to learn more about Mary and her simple request for those making the laws that govern collections. This series is sponsored by Arbeit.

JUDGE GRANTS MOTION FOR DEFENDANT ACCUSED OF THREATENING TO SUE

  • A District Court judge in Illinois has granted a defendant’s motion for judgment on the pleadings in a Fair Debt Collection Practices Act case in which a collection agency was accused of threatening legal action which it did not plan to take.

CFPB TO TAKE ‘FINAL ACTION’ ON DEBT COLLECTION RULE IN OCTOBER

  • It is shaping up to be a very interesting Fall for the credit and collection industry, one that could re-shape the industry for a generation to come. The Consumer Financial Protection Bureau this week published its Spring rulemaking agenda and indicated that it is planning to release its final debt collection rule in October, days before the presidential election.

MEDICAL DEBT EXTENDS HOMELESSNESS FOR UP TO TWO MORE YEARS: STUDY

  • Homeless individuals who are saddled with medical debt remain homeless for at least an additional two years longer than those who do not have any healthcare debts, according to a new study released by the University of Washington. In many cases, even a small amount of medical debt — $300 or less — is enough to cause a domino effect that significantly exacerbates the financial situations of homeless individuals.

WORTH NOTING: A guide to wearing masks … One-third of the city council in Toledo, Ohio, has been arrested for extortion and bribery … Vanilla Ice is performing tomorrow in Texas, for anyone who wants to go … You can have a kid or a job today, but not both … Why being persuasive is more important than having a good idea … How each state got its name … The ultimate summer reading list, according to WIRED magazine … The worst-run teams in the National Football League.

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How to help local businesses survive during COVID-19

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 – July 29. Appeals Court Upholds Dismissal of FDCPA Suit Over Reporting of Multiple Debts; Lender Dismisses Collection Lawsuits

APPEALS COURT UPHOLDS DISMISSAL OF FDCPA SUIT OVER REPORTING MULTIPLE DEBTS SEPARATELY The Court of …

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