IQOR FILES FOR BANKRUPTCY PROTECTION
- Collection operation and contact center business-process outsourcing provider iQor filed for Chapter 11 bankruptcy protection yesterday, seeking approval of a pre-packaged plan that would provide the company with $130 million of funding to reorganize itself and continue operating.
APPEALS COURT AFFIRMS DISMISSAL OF FCRA CASE OVER DELETED ITEM ON CREDIT REPORT
- The Court of Appeals for the Fifth Circuit has affirmed a lower court’s dismissal of a lawsuit in which an individual alleged a credit reporting agency violated the Fair Credit Reporting Act by deleting a positive from a credit report, which is fine as long as the item was not deleted from his credit file.
JUDGE PARTIALLY DENIES MTD IN FDCPA CASE OVER SOL DISCLOSURE IN LETTER
- A District Court judge in Maryland partially dismissed allegations that a defendant violated the Fair Debt Collection Practices Act by sending a letter to collect on a time-barred debt without mentioning that any form of payment would revive the statute of limitations, but sided with the plaintiff in determining the choice of law provisions require such a disclosure to be made.
SENTINEL ANNOUNCES NATIVE OMNICHANNEL SOLUTION
- Sentinel Development Solutions Inc. recently announced their ‘Best In Class’ integrated omni-channel contact strategy support and document signing solution.
WORTH NOTING: Five things you need to know if you are trying to date during a pandemic … Fans of Pringles and “Rick and Morty” can rejoice at their coming together … Inside the fastest-growing company in America … Are you one of the 9 million people who have not yet collected their stimulus payments? … Why do people with good credit scores have the most credit card debt? … How to make working from home better, if it’s not your cup of tea … Lessons learned by Jane Fraser, the first woman to lead a major Wall Street bank … The best films to be set during the course of one day.
What is cyber-stalking and how to prevent it
Funny Friday
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.
