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Home Daily Digest

Daily Digest – September 26. Getting to Know Tessa Foote of Fox Collection Center; CFPB, NY AG Get Partial Win in Collection ‘Kingpin’ Property Transfer Case

mikegibb by mikegibb
October 25, 2024
in Daily Digest
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Daily Digest – September 26. Getting to Know Tessa Foote of Fox Collection Center; CFPB, NY AG Get Partial Win in Collection ‘Kingpin’ Property Transfer Case

Getting to Know Tessa Foote of Fox Collection Center

  • Like many, Tessa Foote fell into a career in the ARM industry, but then fell in love with it and never wanted to leave. Tessa has the distinction of working with Fox Collection first as a client before going to work for, and now running the company. And now that she is here, she can’t imagine doing anything else. Read on to learn more about Tessa, why she has nothing to hide, which comes at the price of total honesty, and her belief in the importance of process improvement.
  • More details here
  • This series is sponsored by TEC Services Group

Judge Denies Defendant’s MSJ in FDCPA Class-Action Over Conflicting Attorney Fee’s Statements

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  • A District Court judge in Minnesota has denied a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act class-action lawsuit, ruling that there were genuine issues of material fact in dispute regarding whether the defendant law firm qualifies as a debt collector under the FDCPA and whether its actions violated the statute.
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CFPB, NY AG Get Partial Win in Collection ‘Kingpin’ Property Transfer Case

  • Another twist and turn in the saga of the Consumer Financial Protection Bureau trying to get money from former collection “kingpin” Douglas MacKinnon to satisfy a $60 million judgment. In the latest development, a District Court judge has awarded the plaintiffs — the CFPB and the Attorney General of New York — some the proceeds of the sale of MacKinnon’s former home, which he transferred to his wife and daughter to avoid it being part of the judgment.
  • More details here

FTC Launches AI Crackdown, Including Against DoNotPay’s ‘Robot’ Lawyer

  • The Federal Trade Commission yesterday announced a crackdown on companies making deceptive claims regarding the use of artificial intelligence, including a settlement with DoNotPay, a company that purported to offer consumers “the world’s first robot lawyer” which was once aimed at helping consumers avoid paying tickets and debts. This announcement is part of the FTC’s newly launched Operation AI Comply, aimed at tackling unfair or deceptive practices involving AI tools that harm consumers.
  • More details here

WORTH NOTING: A rural region in Spain will pay you $16,000 to move there and be a digital nomad … The jobs that are the most at risk, and the safest, from being replaced by AI … New York City’s Department of Consumer and Worker Protection is hosting a webinar next month on its new debt collection rules … If you are running on empty, here are some ways to boost your energy levels … Have we finally emerged from our economic funk? … The 10 highest-paid college athletes, thanks to NIL … The total amount of time you work out may be just as important as the frequency of how often you train, according to new research … A psychology professor shares the likely reasons why you are not getting promoted.

Top 10 Thursday, part I

Top 10 Thursday, part II

The Daily Digest is sponsored by TCN. Today, contact centers need to do more with less. TCN’s cloud-based predictive dialing tools and services help clients to leverage the most sophisticated inbound, outbound, and blended calling technologies available. TCN’s award-winning platform offers multiple features to assist in compliance while improving performance with no hardware, no monthly minimums, or maintenance fees. Call 866-745-1900 or visit tcn.com today.

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