Trending Articles

NY DFS Brings Back Consumer Protection Council

Account Recovery

The New York Department of Financial Services yesterday announced it was relaunching its Consumer Protection Advisory Council, and that the group has already held its first meeting.

Insurance Claims Recoveries – Keeping Claims Costs Down

Debt Recoveries

Recoveries are the Bermuda triangle of the claims process, where recoverable funds are all too often lost, forgotten, or not given the priority they deserve. To avoid the Bermuda triangle, gather all relevant information at the start of a claim.

Patchwork of Compliance Regulations

True Accord

Anyone working in the collections space should be familiar with the federal Fair Debt Collection Practices Act (“FDCPA”) and its regulation, Regulation F; but did you know that there are multiple debt collection laws and regulations at the state and local level too?

CFPB Sues MoneyLion for Overcharging Servicemembers and Trapping Consumers in Costly Memberships

Consumer Finance

The online lender allegedly required customers to pay hefty fees to access loans and often refused to cancel memberships. Press release

Successful Change Management with Enterprise Risk Management

Speaker: William Hord, Vice President of ERM Services

Join us as we discuss the various tangents of data and the change management process that will help you make better risk-based business decisions to save time and money for your organization.

Inspire Your Startup Employees to Stay Engaged

Enterprise Recovery

Growing a new company isn't for the faint at heart. Employees must be passionate, willing to go the extra mile, and work long hours as part of a cycle of endless expectations.

More Trending

Top Ethereum (ETH) Wallets for 2022

Nerd Wallet

Ether, or ETH — the Ethereum blockchain’s native token — can be held in most of the leading crypto wallets on the market. You can store ETH in a “hot” software wallet connected to the internet on your computer or phone, or a “cold” hardware wallet that can keep your data fully offline. For DeFi.


New SDNY Decision on Administrative Priority for Executory Contracts


To encourage parties to transact with debtors in bankruptcy, the Bankruptcy Code in corporate bankruptcies provides highest priority to “administrative expenses,” which include “the actual, necessary costs and expenses of preserving the estate.” ” 11 U.S.C. §

CFPB Supervisory Examinations Find Violations of Federal Law by Student Loan Servicers and University-Owned Lenders

Consumer Finance

Blanket withholding of academic transcripts to pressure borrowers to pay cited as unlawful. Press release Student loans Supervision

eNews Poll: 45% of Credit Departments Report Increased DSO


NACM's recent eNews poll on Days Sales Outstanding (DSO) shows 45% of credit departments have seen an at least 5% increase within the past year. 20% say DSO has decreased and 35% report that DSO levels remained the same.Nathan Hutton, CICP, global credit manager at Donaldson Company, Inc.

How Preparation and Strategy Can Be Used to Fight and Defeat Any Ransomware Attack

Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP

Through a detailed analysis of major attacks and their consequences, Karl Camilleri, Cloud Services Product Manager at phoenixNAP, will discuss the state of ransomware and future predictions, as well as provide best practices for attack prevention and recovery.

Debt Relief Power of Attorney Doc at Center of FDCPA Suit

Account Recovery

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit.


Best Credit Cards for Everyday Spending

Nerd Wallet

Using a credit card to pay for almost everything can help you track spending, build credit and earn rewards, so long as it doesn’t tempt you to overspend. That advice is especially relevant when it comes to everyday expenses.


Users Love Us! PDCflow Earns Fall Badges From G2 Based on Customer Reviews

PDC Flow

What feels better than getting good feedback from a customer? Getting positive reviews from lots of customers! Through software review site G2, PDCflow has collected great ratings and insightful responses from actual users to help you pick the right tools for your business.

CFPB Orders Regions Bank to Pay $191 Million for Illegal Surprise Overdraft Fees

Consumer Finance

Repeat offender will refund at least $141 million to customers and pay $50 million penalty. Press release Debit cards Checking account Overdrafts Enforcement

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Mandatory COVID Vaccination Policy Template

The federal government is developing a rule requiring employers with more than 100 employees ensure their workers are vaccinated or produce a negative COVID test weekly before entering the workplace. So, what can your organization do to prepare? Get Paycor’s COVID Vaccination Policy Template to help communicate important details to your employees.

What to Do If Your Tenant Is Bankrupt


On September 15, President Biden announced a tentative deal with unions representing tens of thousands of railroad workers that helped narrowly avoid a strike that threatened to devastate the country’s delicate supply chains that have been strained since the beginning of the pandemic.

CFPB Publishes Supervisory Highlights Report on Student Loan Servicing

Account Recovery

The Consumer Financial Protection Bureau yesterday published a special edition of its Supervisory Highlights, spotlighting the student loan servicing and collection markets and pointing out some of the issues it has uncovered when examining companies in that market.

American Airlines ‘Dreamy’ New Lounge is Opening This Fall

Nerd Wallet

American Airlines will debut the redesign of its Admirals Club lounges this autumn with the opening of the first revamped lounge at Washington-National.


Collecting Receivables After Going Through an Acquisition


Companies that grow by acquisition are often faced with challenges when taking a deep dive into recently acquired new customer accounts. Although acquisitions can increase your customer base, new client relationships don’t always go as anticipated.

Listen: Here's What Key Recession Indicators Show


⚡ Extra Credit is BACK with a hot new episode! ⚡? This week we spoke with Amy Crews Cutts about the September Credit Managers' Index results AND what some key recession indicators are currently showing.Check it out! Nacm Blog

How to Cultivate Better Relationships with Debtors

Credit Management Company

When individuals or businesses fall behind in payments, the situation often results in frustration and a breakdown in communication for both the debtor and the creditor.

Bill Proposed in House to Allow Furnishing of Utility, Phone Bills to Consumers’ Credit Reports

Account Recovery

How Much Do Electric Car Batteries Cost?

Nerd Wallet

When it comes to the cost of car batteries, electric vehicles take the trophy for the most expensive type. Depending on the make and model of your vehicle, a battery can run you between $4,000 and $20,000.

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Greg Meese and Ed Purcell Present the Rules of Small Wireless Facility Siting to a National Audience.

Price Meese

Greg Meese and Ed Purcell will be presenting a nation-wide webinar for Thomson Reuter’s West Legal Education Center entitled “Rules of the Road-Siting Small Wireless Facilities in the Public Rights-of-Way” on October 5, 2022 at 12:00 p.m.

Protect Your Business with These B2B Contract Terms

Enterprise Recovery

When selling your goods and services to another business, it's wise for both parties to sign a legally-binding agreement. This agreement will set expectations for both parties as well as provide proof of the arrangement if one of the parties doesn't come through.


Whitepaper | Surviving the turbulent energy market

On Guard

Energy prices are rising. High energy prices threaten finances healthcare institutions” , the Financial Times headlines. As a result, the quality of care is under pressure. Still.

Daily Digest – September 28. Judge Grants MTD in FDCPA Case Over Attorney References in Letter; FCC Starts Rulemaking Process to Block Unwanted Texts

Account Recovery

JUDGE GRANTS MTD IN FDCPA CASE OVER REFERENCES TO ATTORNEY REVIEW IN LETTER Making references to an attorney potentially reviewing an account to determine whether to pursue legal action does not overshadow the validation notice, when worded properly, a District Court judge ruled.


Wyndham Status Match: What You Need to Know

Nerd Wallet

Many travelers understand how hotel elite status can help improve their stay. Bonus points, potential room upgrades and other welcome amenities make the experience that much better.


Federal Reserve Expects Unemployment to Rise


​The Federal Reserve ramped up its fight against inflation last week with a 0.75% rate hike and hinted to more interest rate increases in the future. The Central Bank expects a jump in unemployment as a result.

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What remedies are available if a debtor files for bankruptcy?

Collections Law

Creditors who are notified a debtor filed for protection through bankruptcy are right to find themselves frustrated. Bankruptcy causes a hurdle towards getting payment — but there are situations when creditors can jump that hurdle and still get some or all of their entitled payment.