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Wednesday, June 14, 2017
Mid Week Articles:
W.V. SUPREME COURT OVERTURNS RULING ON CALL LIMITS
The West Virginia Supreme Court of Appeals reversed a lower court decision yesterday, ruling that a collection agency did not violate the West Virginia Consumer Credit and Protection Act by calling an individual 250 times during an eight-month period back in 2012.
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RMA URGES CAUTION WHEN INTERPRETING SANTANDER DECISION
Sacramento, CA - The Receivables Management Association International (RMA) urges its membership and the broader receivables management industry to proceed with caution when interpreting yesterday’s United States Supreme Court ruling in the case of Henson v. Santander.
read more

SUPREME COURT: SECONDARY MARKETS NOT SUBJECT TO FDCPA REGULATIONS
A recent unanimous Supreme Court decision on Monday could have vast implications for the mortgage and loan industry, particularly the secondary market, unless the Fair Debt Collection Practices Act (FDCPA) is amended by Congress.
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SUPREME COURT OF THE UNITED STATES DECISION ONHENSON ET AL. V. SANTANDER CONSUMER USA INC.
The Fair Debt Collection Practices Act authorizes private lawsuits and weighty fines designed to deter the wayward practices of "debt collector[s]," a term embracing anyone who "regularly collects or attempts to collect . . . debts owed or due . . . another." 15 U. S. C. §1692a(6). The complaint filed in this case alleges that CitiFinancial Auto loaned money to petitioners seeking to buy cars; that petitioners defaulted on those loans; and that respondent Santander then purchased the defaulted loans from CitiFinancial and sought to collect in ways petitioners believe violated the Act. The district court and Fourth Circuit held that Santander didn’t qualify as a debt collector because it did not regularly seek to collect debts "owed . . . another" but sought instead only to collect debts that it purchased and owned.
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AMERICANS ARE SUDDENLY DEFAULTING ON THEIR CREDIT CARDS
The American economy has looked pretty robust of late - unemployment just hit a 16-year low and stocks recently reached an all-time high.
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CANADIAN NON-MORTGAGE DEBT HITS $21,696 AS ALBERTA CONSUMERS STRUGGLE
A new report from credit-monitoring agency TransUnion has found that Canadians are taking on consumer debt in a healthy way - except in Alberta and other oil-dependent regions.
read more

NUANCE ANNOUNCES FULL-LIFECYCLE CUSTOMER ANALYTICS PORTFOLIO
BURLINGTON, Mass., June 12, 2017 (GLOBE NEWSWIRE) -- Nuance Communications, Inc. (NASDAQ:NUAN) today announced that it is expanding the Nuance Analytics portfolio of advanced solutions to empower enterprise organizations to transform their customer engagement data into actionable insights. Whether needing immediate insights, customized solutions, enabling inputs for analytic products developed in-house, or professional services, Nuance Analytics can identify insights across the customer journey, take action and optimize the customer experience. As a result, enterprise organizations can increase operational efficiency, reduce customer churn, improve sales conversion, mitigate risk and maximize ROI.
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DebtConnection.com is a searchable database of collection products and services.
The following Updates and New Entries occured since the last At A Glance was sent:
Portfolios For Sale
$4,508,990.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7896  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$1,278,341.00     Credit Cards
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7895  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$890,388.00     Payday Loans
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7894  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$2,189,622.00     Medical
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7893  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$534,288.00     Consumer Loans
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7892  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$217,289.00     Auto Deficiencies
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7891  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$759,849.00     Other
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7890  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$557,614.00     Other
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7889  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$2,637,237.00     Consumer Loans
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7888  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$491,121.00     Payday Loans
Bayview Solutions LLC
http://www.debtconnection.com/portfolio.asp?7887  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7193  

$1,574,788.00     Consumer Loans
BAL Financial LLC
http://www.debtconnection.com/portfolio.asp?7886  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1774  

$1,574,788.00     Consumer Loans
BAL Financial LLC
http://www.debtconnection.com/portfolio.asp?7885  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1774  

$2,900,000.00     Other
Premier Asset Management, LLC
http://www.debtconnection.com/portfolio.asp?7882  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?5453  

$62,000,000.00     Other
Premier Asset Management, LLC
http://www.debtconnection.com/portfolio.asp?7883  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?5453  

Agency
ABSOLUTELY PRECISE RECOVERY
714-673-9618

Debt Buyers
DARRON HEFNER
325-428-8102

JET RECOVERY SYSTEMS
941-203-0206

Debt Sellers
LEGACY GROUP UNITED
Kaitlynn Obrien
877-827-9328
More Information

Industry Events
ICG 2017 Annual Meeting
International Collector's Group
The Ritz Carlton
Montreal, Quebec, Canada
June 18 - 20, 2017
More Information

Collection Management Training
Resource Management Services, Inc.
Residence Inn Atlanta Airport North/Virginia Avenue
Atlanta, GA
June 21 - 22, 2017
More Information

Connected Cars: Privacy, Security Issues Related to Connected, Automated Vehicles
Federal Trade Commission
CONSTITUTION CENTER
Washington, DC
June 28, 2017
More Information

National Association of Chapter 13 Trustees Annual Seminar
National Association of Chapter 13 Trustees
Sheraton Seattle Hotel
Seattle, WA
July 12 - 15, 2017
More Information

CLLA/IACC 2017 Mid-Year Collection Conference
National Association of Chapter 13 Trustees
Motif Seattle
Seattle, WA
July 14 - 16, 2017
More Information

ACA International Convention & Expo 2017
ACA International
Washington State Convention Center
Seattle, WA
July 16 - 18, 2017
More Information

Third Party Vendor Auditing Workshop
Resource Management Services, Inc.
Chicago Marriott Southwest
Chicago, IL
July 19 - 20, 2017
More Information

Debt Connection Symposium and Expo 2017
Resource Management Services, Inc.
JW Marriott Starr Pass
Tucson, AZ
September 11 - 13, 2017
More Information

Sponsors
This report is sponsored by Resource Management Services, Inc. Check us out at: http://www.resourcemanagement.com/

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