Daily Digest - November 11 2024

Brought to you by: TCN | By Mike Gibb

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Mike Gibb
November 11, 2024

Judge Grants Motions from Both Sides in FDCPA Case

  • It’s not often that both sides in a Fair Debt Collection Practices Act lawsuit get their motions granted at the same time, but a District Court judge in New Jersey pulled off the feat, ultimately remanding the case back to state court after the defendant was accused of attempting to collect on a debt without being properly licensed to collect in the state.

  • More details here.

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ARM and RCM in Q3: Navigating Rising Challenges

  • The Accounts Receivable Management and Revenue Cycle Management sectors are navigating significant headwinds that are reshaping how debts are collected heading into the final weeks of 2024, according to a report released recently by Corporate Advisory Solutions. Rising delinquencies, the return of student loan payments, and evolving credit reporting rules for medical debt are driving change across these sectors, which industry professionals need to keep in sharp focus.

  • More details here.

Encore Capital Reports Strong Q3 Performance Amid Record U.S. Debt Supply

  • The good times keep rolling at Encore Capital Group, which reported a 58% jump in new income for the third quarter of 2024, compared with the same quarter last year, driven by its Midland Credit Management (MCM) operation, which continues to capitalize on record levels of charged-off debt available for purchase.

  • More details here. 

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Compliance Digest – November 11

  • Compliance experts Brit Suttell, Xerxes Martin, Monica Littman, David Grassi, and Ari Derman share their perspectives and insights to help you make sense of recent legal and regulatory developments in this week's Compliance Digest.

  • More details here.

  • This series is sponsored by Bedard Law Group

WORTH NOTING: A list of the best early Black Friday deals to help you get a jump on your holiday shopping ... With all the hubbub about the presidential election, the fact that control of the House of Representatives is still up for grabs isn't getting a lot of attention ... You had one job -- walk your daughter down the aisle ... On Veteran's Day, here is a list of the most patriotic cities in America ... A list of 10 phrases that your doctor should never say to you ... Mattel made an X-rated mistake on the packages for its dolls promoting "Wicked" ... Six ways to help you nail a screening interview ... We should all be so forgetfully lucky.

Music Monday, Part I

Music Monday, part II