Account Recovery

MAY 28, 2021

The owner of a Kentucky collection agency is facing up to 20 years in prison after pleading guilty to charges of wire fraud and tax evasion. Kevin Welsch, who owned and operated RCC Services, admitted to defrauding clients by collecting debts on behalf of creditors and keeping the money for himself. He also admitted to … The post Collection Agency Owner Pleads Guilty to Wire Fraud, Tax Evasion appeared first on AccountsRecovery.net.

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Collection Agencies Collections Agency Collections Creditors 246

American Profit Recovery

MAY 28, 2021

If you are running a professional services firm or a consulting agency, we know that you are working closely with your clients and have far more interaction than other industries. This can include law firms, management consulting firms, marketing agencies, and others. Because you are constantly working on behalf of these clients, you’ve also built a working relationship.

Collection Agencies 244

Collection Agencies Collections Agency Law Firms Collections 244

Account Recovery

MAY 28, 2021

For the second time in two months, Performant Financial Corp. has sold off some of its assets, this time selling parts of its business — including customer contracts — to Transworld Systems Inc. (TSI). Terms and specifics of the deal were not disclosed. Back in March, Performant announced it had sold some of its recovery … The post TSI Buys Assets From Performant appeared first on AccountsRecovery.net.

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Enterprise Recovery

MAY 28, 2021

When LGBTQ+ entrepreneurs are making decisions about their business, are they considering the values of those partners and venture capitalists? A 2016 study revealed that 37% of LGBTQ+ founders did not out themselves to investors, afraid that it would affect their chances or feeling that their status was irrelevant. Things have changed in the five years since that study, with entrepreneurs getting more choosy about representation and values.

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Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

Account Recovery

MAY 28, 2021

BRIEFS IN SUPPORT OF HUNSTEIN PETITION START ROLLING IN Companies and organizations across the accounts receivable management industry are starting to line up behind the defendant in Hunstein v. Preferred Collection and Management Services, filing amicus briefs supporting the defendant’s petition for an en banc re-hearing before the entire Eleventh Circuit Court of Appeals.

Accounts Receivables Management 246

Accounts Receivables Management Collections 246

Account Recovery

MAY 28, 2021

A District Court judge in Connecticut has approved a settlement in a Fair Debt Collection Practices Act class-action lawsuit after the defendant was accused of sending collection letters that improperly assessed post-judgment interest. The defendant has agreed to pay $10,000 to the members of the class, $3,000 to the named plaintiff, and nearly $37,000 in … The post Judge Approves Settlement in FDCPA Class Action appeared first on AccountsRecovery.net.

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Fair Debt Collection Judgment Collections 214

Nerd Wallet

MAY 28, 2021

International travelers may be familiar with the Virgin Atlantic brand. The airline flies to over 30 destinations around the world, plus even more with its partners Delta, Air France and KLM. Passengers are treated to a luxurious experience when flying first class, including the use of a private chauffeur to and from the airport and. Lee Huffman writes for NerdWallet.

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Account Recovery

MAY 28, 2021

Companies and organizations across the accounts receivable management industry are starting to line up behind the defendant in Hunstein v. Preferred Collection and Management Services, filing amicus briefs supporting the defendant’s petition for an en banc re-hearing before the entire Eleventh Circuit Court of Appeals. Yesterday, briefs were filed by the Florida Creditors Bar Association, … The post Briefs in Support of Hunstein Petition Start Rolling in appeared first on AccountsRec

Accounts Receivables Management 204

Accounts Receivables Management Creditors Collections 204

Nerd Wallet

MAY 28, 2021

Last Memorial Day, Americans were dizzy from the pandemic, recession and widespread shutdowns. Many had shopping for hand sanitizer and toilet paper on the brain. But this May, life seems to be blooming again ahead of the unofficial start of summer. And in more typical Memorial Day fashion, the weekend leading up to May 31. Courtney Jespersen writes for NerdWallet.

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Collections

Credit Corp

MAY 28, 2021

Which states have the most expensive and cheapest energy costs? This article originally appeared on Finder.com and has been republished with permission. The cost of energy might not be the top item to consider when deciding on a new city or state to live in. But it’s something to keep in mind as energy costs across the US vary anywhere from $104 to $321 a month.

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Retail Banks 83

Nerd Wallet

MAY 28, 2021

If you’re planning to fly to Japan, and especially if you want to pay for your ticket with miles, Japan Airlines can be a great choice. Known as JAL, Japan’s flag carrier offers four classes of service — economy, premium economy, business class and first class. As for Japan Airlines’ U.S. routes, you’ll find JAL. Andy Shuman writes for NerdWallet. Email: travel@nerdwallet.com.

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Hudson Weir

MAY 28, 2021

Director’s loan accounts are commonly used in business – and they’re not about financing a holiday or new car with company profits! Instead, there are two typical ways you might end up with a balance on the loan account: You loan cash to the business during tough trading times or where a capital injection is crucial to financing a project You are paid via a mixture of PAYE salary and dividends, and the director’s loan account balance accumulates each month.

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Loans Trade Personal loans Creditors 52

Roths Child Law

MAY 28, 2021

When someone’s overwhelmed with debt, bankruptcy is often a viable option for addressing the problem -- and it can be an effective way for someone to get a fresh financial start. But life’s uncertain: What happens if someone ends up suffering another major financial disaster a few years down the line. Can they file bankruptcy again? There’s no limit on bankruptcies.

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Bankruptcy 52

Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?

Banks

Burr Forman

MAY 28, 2021

The ruling by the Eleventh Circuit Court of Appeals in Richard Hunstein v. Preferred Collection and Management Services, Inc. raises significant concerns for debt collectors who use vendors for mailing and other types of services that require the sharing of information relating to consumer debts. By ruling that such arrangements can violate the prohibition on sharing information about consumer debts with third parties under section 1692c(b) of the Fair Debt Collection Practices Act (“FDCPA

Debt collector 52

Debt collector Fair Debt Collection Collections 52

Fico Collections

MAY 28, 2021

At the beginning of the year, we commissioned a survey of 1,000 adults in each of fourteen countries to canvas them about their attitudes to opening a range of different financial accounts digitally using websites and apps. There were some very interesting findings and some results that challenged my pre-conceptions and received wisdom! At a country or regional level, you can find out what the top trends for each were by downloading the e-books: North America – Covering Canada and USA.

Banks 52

Banks Education Financial services 52

Arbeit Software

MAY 28, 2021

Our panel of compliance & communication experts discusses best practices for creating an opt-in strategy that captures & gains consumer/customer consent.

Collection Agencies 52

Collection Agencies Collections Agency Collections 52

Roths Child Law

MAY 28, 2021

When someone’s overwhelmed with debt, bankruptcy is often a viable option for addressing the problem -- and it can be an effective way for someone to get a fresh financial start. But life’s uncertain: What happens if someone ends up suffering another major financial disaster a few years down the line. Can they file bankruptcy again? There’s no limit on bankruptcies.

Bankruptcy 40

Bankruptcy 40

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