EXCLUSIVE: GORDON BECK SHARES DETAILS OF COMPANY‘S FIRST ACQUISITION
- Valor Intelligent Processing (VIP), based in Jacksonville, Fla., recently completed its first-ever acquisition, purchasing Credit Protection Association (CPA), a collection and business-process outsourcing company based in Dallas.
JUDGE DENIES MTD IN FDCPA CASE OVER STATEMENT IN LETTER
- A District Court judge in Wisconsin has denied a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act because of a statement included in a collection letter, saying he can not dismiss the suit if it is “at least plausible that a significant fraction of debtors would be misled by the communication.”
APPEALS COURT AFFIRMS MSJ IN FDCPA CASE OVER SUMMONS SENT TO OLD ADDRESS
- For the second time, the Third Circuit Court of Appeals has weighed in on the same debt collection case, but this time, it sided with the defendants and affirmed a summary judgment award, ruling that sending a collection letter to an incorrect address was not a material violation of the Fair Debt Collection Practices Act because it could not have impacted the plaintiff’s decision-making process because he never received notice that a lawsuit had been filed against him.
N.Y. LAWMAKERS PROPOSE BILL BANNING SALE OF DELINQUENT NYC DEBTS
- Lawmakers in the New York legislature are trying to get a bill passed that would prohibit the city of New York from selling a portfolio of unpaid debts, which is scheduled to occur as soon as next week, until a year after Gov. Andrew Cuomo declares the state of emergency related to the coronavirus pandemic to be over.
READ EXPERT PERSPECTIVES ON TRENDING COMPLIANCE TOPICS
Click here to read this week’s Compliance Digest. You’ll get insights and opinions from nine different compliance experts — David Kaminski, Aylix Jensen, Stefanie Jackman, Mitch Williamson, Nicole Strickler, Makyla Moody, Heath Morgan, Virginia Bell Flynn, and Helen Mac Murray — discussing the impact of recent court cases and legislative updates. You’re not going to get that kind of varied perspective anywhere else. The Compliance Digest is sponsored by The Bedard Law Group.
WORTH NOTING: How to plan in case you’re in the path of a hurricane … Are you like a lot of Americans who are suffering from cooking fatigue? … A problem our house had to deal with — a desk shortage … Kellyanne Conway has announced that she is leaving the White House … How to keep the fun alive for remote workers … What to know before sending your kids back to school online … John Oliver poked fun at Danbury, Connecticut. Danbury poked back … New studies detail how coronavirus can spread.
Who makes the best hot dog?
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.
