Thu.May 09, 2024

article thumbnail

Bills Introduced in Congress to Cancel All Medical Debt

Account Recovery

A quartet of lawmakers, led by Sen. Bernie Sanders [I-Vt.] yesterday announced that they are introducing bills in the Senate and House of Representatives that would wipe out all existing medical debt and remove it from consumers’ credit reports, among other changes.

article thumbnail

Daily Digest – May 9. Getting to Know Ryan Herber of Preferred Group of Tampa; Bills Introduced in Congress to Cancel All Medical Debt

Account Recovery

Getting to Know Ryan Herber of Preferred Group of Tampa Bills Introduced in Congress to Cancel All Medical Debt Judge Grants MSJ For Defendant in FDCPA Case Over Reporting of Alleged Disputed Debt Fed Proposes Opening Payment Networks on Weekends WORTH NOTING: In honor of Mother’s Day, a bouquet of advice for new moms and […]

147
147
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Judge Grants MSJ For Defendant in FDCPA Case Over Reporting of Alleged Disputed Debt

Account Recovery

In a case that was defended by Xerxes Martin and the team at Martin Golden Lyons Watts Morgan, a District Court judge in Oklahoma has granted a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act case, ruling the “dispute” that the plaintiff alleged to have made during a conversation with a […]

article thumbnail

Fed Proposes Opening Payment Networks on Weekends

Account Recovery

The Federal Reserve Board is considering a proposal that would expand the operating days of its two payment networks so they both operate seven days a week, which would allow for the settlement of electronic payments, including direct deposits, over the weekend.

130
130
article thumbnail

How Collection Agencies Minimize Effort and Maximize Results with the Right Software

Navigating collections in the dynamic financial landscape presents multifaceted challenges. Organizations face pressures to maintain standards alongside software challenges like regulatory adaptations, data integration, security, workflow optimization, and automation. Finding the right software can save time and money. BEAM offers a comprehensive solution with specialized modules to streamline debt collection effortlessly.

article thumbnail

Daily Digest – May 8. Judge Grants MSJ For Defendant in FDCPA Case Over Alleged Missing Disclosure in Email; Boost in Legal Collections Helps Propel Profits at PRA Group

Account Recovery

Judge Grants MSJ For Defendant in FDCPA Case Over Alleged Missing Disclosure in Email Boost in Legal Collections Helps Propel Profits at PRA Group Delayed Refunds Costs Chime Financial $5M 24 Companies Seeking Collection Talent WORTH NOTING: A list of 15 things you didn’t know your iPhone could do … Researchers have decoded the alphabet […]