The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.
APPEALS COURT REVERSES DISMISSAL OF FDCPA SUIT OVER TAX LANGUAGE IN LETTER
- The Third Circuit Court of Appeals has revived a lawsuit alleging violations of the Fair Debt Collection Practices Act by including language in a collections letter that indicated the forgiveness of a debt may be reported to the Internal Revenue Service.
JUDGE DENIES SUMMARY JUDGMENT REQUEST OVER CREDITOR CONFUSION IN LETTER
- A District Court judge in Indiana has denied a motion for summary judgment filed by a defendant in a class action lawsuit alleging a collection letter sent to the plaintiff violated the Fair Debt Collection Practices Act by not clearly indicating the identity of the original creditor.
MORE INDIVIDUALS CHOOSE TO FIGHT STUDENT LOANS BY DEFAULTING ON THEM
- There are a growing number of individuals who are purposefully choosing to default on their student loans, especially private student loans, as a means of “taking control” over their financial futures, according to a published report.
CHICAGO ATTORNEY NAMED CHAIRMAN EMERITUS OF NCBA
- National Creditors Bar Association (NCBA) is pleased to announce that Robert G. Markoff, Markoff Law LLC, Chicago, has been appointed Chairman Emeritus of National Creditors Bar Association, formerly The National Association of Retail Collection Attorneys (NARCA). Bob, a past president, is the first person after the association’s founder to hold the position.
WORTH NOTING: Brett Kavanaugh vows he’s not going anywhere … The most hated players in “Jeopardy history … Loneliness is a big problem with older Americans … The leadership traits that women are better at than men … A company that paid bonuses to employees who asked for a raise … Lessons learned from one of the year’s biggest box office flops … The prime minster of New Zealand takes “take your baby to work day” seriously … The average American’s credit score is at an all-time high … Drivers for Uber and Lyft are earning half as much as they did four years ago … The divorce rate is plummeting, thanks to millennials … The co-founders of Instagram resigned unexpectedly last night … The 10 qualities the best managers have, according to Google.
What it takes to drive a monster truck
Tips to make riding in the car more enjoyable
The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.