GETTING TO KNOW NATHAN COPELAND OF DREHER TOMKIES
- Heads up, ARM industry — fresh meat is in the building, although he kind of married into the business. Nathan Copeland has only been in the industry for a year, and he chose debt collection and consumer finance because his mother-in-law and father-in-law have been in the industry for their entire careers. His love for AccountsRecovery.net aside, Ben embodies the next generation of leader that the industry will need to carry on its storied place in the nation’s economy. Read on to learn more about Ben, his love of crypto — and Dove bars — and how he one day hopes to combine the two.
- More details here.
- This series is sponsored by Applied Innovation.
JUDGE DENIES MTD IN FDCPA CASE OVER ATTEMPT TO COLLECT UNRELATED COURT COSTS
- A District Court judge in Alaska — yes, Alaska — has denied a defendant’s motion to dismiss after it was sued for violating the Fair Debt Collection Practices Act because it accidentally included costs in an unrelated case when filing a motion to recover its litigation costs after successfully suing the plaintiff for the unpaid debt in Alaska — yes, Alaska — state court.
- More details here.
REPUBLICANS WARN CHOPRA THAT MORE OVERSIGHT OF THE CFPB IS COMING
- Rohit Chopra, the Director of the Consumer Financial Protection Bureau, got a taste yesterday of what it’s going to be like for at least the next two years every time he heads up to Capitol Hill to visit the House Financial Services Committee, with Republicans calling on the CFPB to rescind a number of actions it has taken and blasting what they described as an “appalling” lack of transparency.
- More details here.
SURVEY DETAILS MEDICAL DEBT ISSUES FOR AMERICANS
- More than one-third of respondents to a survey conducted by the education arm of a financial institution are carrying medical debt, and 82% of those people are having problems paying it off, according to a report highlighting the survey’s findings. For those who have medical debt, 70% said that the debt is either overdue or has been placed with a collection agency.
- More details here.
SUPERLATIVE RM HIRES JOHN CURRY AS VP OF BUSINESS DEVELOPMENT
- Superlative RM announced today that John Curry has joined the team as the Vice President of Business Development. Curry has over thirty-six years of experience in the ARM industry, having experience in sales and marketing and debt purchasing.
- More details here.
WORTH NOTING: Buy Now, Pay Later is the hottest trend this holiday season … If you post your kids photos online, be wary of having them digitally kidnapped … Loan delinquencies are expected to surge in 2023 … The power of saying more with less … Does a 4-day work week make burnout worse? … The debate over whether warming up your car makes sense … Procrastinators beware — drop-dead holiday shipping deadlines are coming … What the latest interest rate hike from the Fed means for you.
Top 10 Thursday, part I
Top 10 Thursday, part II
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