Daily Digest – November 9. Recapping the Mid-Term Election Results Through the Eyes of the ARM Industry; Judge Grants MSJ for Defense in TCPA Wrong Number Case

RECAPPING MID-TERM ELECTION RESULTS RELATED TO THE ARM INDUSTRY

  • While the fight for control of Congress continues as the ballots from yesterday’s mid-term elections continue to be counted, a number of ballot initiatives and races were called and will have an impact on the ARM industry. From ballot measures in Arizona and Oregon to a new governor in Massachusetts, see how the ARM industry is likely to be impacted by the mid-term results.
  • More details here.

JUDGE GRANTS MSJ FOR DEFENDANT IN TCPA CASE OVER WRONG NUMBER CALL

  • A District Court judge in Texas has granted a defendant’s motion for summary judgment in a Telephone Consumer Protection Act case ruling that a single wrong number placed by a collector to the plaintiff did not violate the statute, while also warning the plaintiff — who has “repeatedly” filed similar cases, without success — that he must obtain permission before he files any other similar cases going forward.
  • More details here.

SUSPENDING LICENSES DOESN’T IMPROVE COLLECTION RATES: REPORT

  • State law in Tennessee allows for the revocation of driver’s licenses of those who owe debts to the court system, but suspending licenses actually does not improve collection rates, according to a report released by a nonpartisan think tank in the state. Income, not having their driver’s license suspended or revoked, is a bigger driver of whether individuals pay off their court debts, the report concludes.
  • More details here.

25 COMPANIES SEEKING COLLECTION TALENT

  • Companies like Harris & Harris, Credit One Bank, Spring Oaks Capital, Resurgent Capital Services, and Meduit are among those looking to fill vacancies in their collection operations.
  • The job listings are great for those looking for work and are also great tools for companies to use as sources for ideas about what to include in their own job descriptions and to see how other companies write their job ads.
  • More details here.

TRUEACCORD JOINS THE VISA FINTECH PARTNER CONNECT PROGRAM

  • TrueAccord Corp, a debt collection company using machine learning-powered digital recovery solutions to improve consumer experience, today announced it joined the Visa Fintech Partner Connect program.
  • More details here.

WORTH NOTING: Someone in California is $2 billion richer today and is my new best friend … How to make coffee if you don’t have a coffee machine … Walmart has started its Black Friday deals … Red flags to watch for when assessing someone’s leadership potential … A formula to help you answer the dreaded question, “Tell me about yourself” … Facebook’s parent company is laying off 11,000 employees, or 13% of its workforce … Do you know your rights if you get laid off? … Are you preparing for the end of card payments?

Do you really need eight hours of sleep a night?

How realistic are fugitive chases in the movies?

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