Daily Digest - December 26, 2024

Happy Birthday wishes: InDebted’s Tim Collins, Finvi’s Amanda Secrest, David White of Professional Credit, and Adel Jawad of Span Collection & Credit Management … Happy belated birthday to Christian Lehr, whose big day was yesterday

A Shameless Plug for ARMTech

As you start your holiday shopping, consider buying the best present you can get yourself and sign up to attend ARMTech. I guarantee you will walk out of the event not only with great ideas, but also a ton of new contacts. There are so many innovators and disruptors who don’t show up to other industry conferences because ARMTech is the industry’s only event exclusively dedicated to talking technology — and that is where all the innovation and disruption is happening. Don’t miss out. Sign up today!

Don’t forget to check out what’s on the AccountsRecovery streaming channel. It’s a great way to catch webinars you may have missed!

2024 Email Benchmarks + Deliverability Audit

Discover benchmarks, strategies, and actionable insights to recover payments faster and enhance compliance. Brought to you by Prodigal

Getting to Know Dixie Newsome of Crown Asset Management

• Dixie Newsome is someone who needs to get to the bottom of things if she’s going to sleep better at night, which is an excellent reason to want to work with you. Another great reason? She doesn’t mind asking the questions that others might be afraid or too shy to ask. Read on to learn more about Dixie, what the Women in Consumer Finance conference taught her, and the type of music she prefers to have playing to keep her motivated throughout the day.

• More details here.

• This series is sponsored by TEC Services Group

A MESSAGE FROM TCN

UPCOMING WEBINARS

Judge Splits Difference in FDCPA Plaintiff’s Attorney Fee Award

• A District Court judge in New York has essentially split the difference in awarding attorney’s fees to the plaintiff in a Fair Debt Collection Practices Act case because both sides could not come to an agreement on their own after the plaintiff accepted an offer of judgment.

• More details here.

NCLC Report Calls Out States for Lax Exemption Laws

• Exemption laws, which protect a debtor’s income and assets in the event of a judgment or collection lawsuit are in the spotlight following the release of an annual report from the National Consumer Law Center, which attempts to shed light on what the advocacy group perceives to be the inadequacies of these protections.

• More details here. 

New ARMSights poll, sponsored by Belvista

New York Bans Social Media Debt Collection

• New York Gov. Kathy Hochul this week signed a sweeping package of bills to enhance consumer data protection in New York into law. While the package tackles various digital safety issues, one law stands out for debt collection professionals: S5703B/A1035B, which bans the use of social media platforms for debt collection.

• More details here.

WORTH NOTING: When to let go of family traditions in favor of starting new ones ... A social media post has sparked an online debate about carry-on luggage... Not necessarily the case for me, but a look at why anxiety tends to be worse at night for people ... The top cybersecurity tips to share with friends and family over the holiday season ... Researchers have catalogued the many maladies that Disney's princesses would suffer from if they existed in real life ... How to set career goals for 2025 if you are already feeling burned out ... Here is a list of 10 things never to tell an AI chatbot ... Historical mysteries that were solved by science in 2024.

Top 10 Thursday, part I

Top 10 Thursday, Part II