ONTARIO SYSTEMS CONTINUES BUYING SPREE WITH KATABAT ACQUISITION
- Continuing its spree of acquisitions in 2021, Ontario Systems yesterday announced it had purchased Katabat, the maker of a collection software platform. Terms of the deal were not disclosed. The deal marks the second for Ontario Systems this year and the third in the past 18 months, following the acquisition of Pairity earlier this year and payment processor SwervePay last year.
JUDGE GRANTS MSJ IN FDCPA CASE OVER DISCLOSURE IN LETTER
- Is there a way for a debt collector to structure a collection letter to make it appear that it is mandatory for the consumer to dispute the debt? Or that disputing a debt and making a payment are mutually exclusive? In a case that was defended by Rick Perr of Kaufman Dolowich & Voluck, a District Court judge in Colorado has granted a defendant’s motion for summary judgment after it was accused of violating the Fair Debt Collection Practices Act by doing just those things.
NUMBER OF UNINSURED ADULTS REMAINS SAME, BUT WHERE THEY ARE GETTING INSURANCE SHIFTS DRAMATICALLY
- Where employers continue to back away from offering health insurance to their employees, the government is stepping in to pick up the slack, according to data released yesterday detailing the number of adults in the United States who do not have health insurance.
LAWSUITS DOWN, BUT REPEAT FILERS KEEP BUSY: WEBRECON
- While the number of lawsuits against companies in the accounts receivable management industry continued to decline, the individuals who are filing more than one lawsuit is on the rise, according to data released recently by WebRecon.
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Funny Friday … on a Tuesday
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