Tue.Jun 15, 2021

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Hospitals Accused of Hounding Patients With ‘Predatory Billing’

Account Recovery

A joint project by Johns Hopkins University and Axios concludes that “many of the top 100 hospitals by revenue in the U.S. use predatory tactics to pursue patients with unpaid bills,” referring to filing lawsuits against individuals who do not pay their medical debts. Ten hospitals are responsible for 97% of court actions against patients, … The post Hospitals Accused of Hounding Patients With ‘Predatory Billing’ appeared first on AccountsRecovery.net.

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Effective debt collections acknowledges unique consumer challenges

American Profit Recovery

As the light the end of the metaphorical-pandemic tunnel gets brighter, creditors may be questioning whether sending consumers to collections is appropriate. Considering the financial hardships people have endured throughout the pandemic, it is a legitimate concern. Many consumers were laid off, some were forced to work lesser hours, and other people’s jobs were eliminated permanently.

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Judge Grants MTD in FDCPA Case Over Attorney’s Fees

Account Recovery

Being confused about whether he owed attorney’s fees and hiring his own lawyer is not enough for a plaintiff to have standing to pursue a Fair Debt Collection Practices Act case, a District Court judge in Illinois has ruled, granting the defendant’s motion to dismiss on the grounds that the Court lacked subject matter jurisdiction … The post Judge Grants MTD in FDCPA Case Over Attorney’s Fees appeared first on AccountsRecovery.net.

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Buy Now, Pay Later for Health Care: How It Works, When To Consider It

Nerd Wallet

Buy now, pay later has taken off for retail and travel purchases, and now companies like Walnut and Wellpay offer BNPL for health care costs. This payment option, sometimes referred to as a point-of-sale loan, allows patients to split medical bills into small monthly payments that include minimal or no interest. BNPL loans for health. Chanell Alexander writes for NerdWallet.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

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.

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Eleventh Circuit Grants Motions for Amicus Briefs, Withholds Issuance of Mandate in Hunstein Case

Account Recovery

While everyone in the accounts receivable management industry waits with bated breath for the Eleventh Circuit to announce whether it will grant the petition for an en banc rehearing in the Hunstein case, behind the scenes the Court is moving forward procedurally with the steps it needs to take. Yesterday, the Court announced it was … The post Eleventh Circuit Grants Motions for Amicus Briefs, Withholds Issuance of Mandate in Hunstein Case appeared first on AccountsRecovery.net.

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Daily Digest – June 15. Judge Grants MTD in FDCPA Case Over Attorney’s Fees; Which Hospitals Are the Most ‘Predatory’?

Account Recovery

JUDGE GRANTS MTD IN FDCPA CASE OVER ATTORNEY’S FEES Being confused about whether he owed attorney’s fees and hiring his own lawyer is not enough for a plaintiff to have standing to pursue a Fair Debt Collection Practices Act case, a District Court judge in Illinois has ruled, granting the defendant’s motion to dismiss on … The post Daily Digest – June 15.

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Raising Elder Fraud Awareness to Prevent Real Estate Scams

Fico Collections

It’s June, a special month for honoring loved ones, especially parents and grandparents by raising Elder Abuse Awareness. World Elder Abuse Awareness Day is officially June 15th and it’s an ideal time to educate oneself on how to protect elders from becoming victims of financial abuse. All too often, elders today are the targets of residential real estate fraud and scams.

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Cordray Shares Plan for Holding Student Loan Servicers Accountable

Account Recovery

Richard Cordray, the former Director of the Consumer Financial Protection Bureau who is now running the federal government’s student loan program, sat down for an interview with the Washington Post that was published a few days ago. In the interview, Cordray talked about holding companies that service federal student loans accountable to meet certain benchmarks, … The post Cordray Shares Plan for Holding Student Loan Servicers Accountable appeared first on AccountsRecovery.net.

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The 10 Best Freelancer Tax Deductions

Nerd Wallet

If you work as a freelancer, there are a number of freelancer tax deductions you may be able to take to help reduce your business tax obligation. Here are some of the deductions you might qualify for, why they’re so valuable and some tips for how to keep track of them. » MORE: NerdWallet’s best. Erica Gellerman, CPA writes for NerdWallet. Email: wpguestuser+egellerman@nerdwallet.com.

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When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

Are you finding some snags in your collections process? With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

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Consumer Financial Protection Bureau Issues Interpretive Rule on Authority to Resume Examinations Regarding the Military Lending Act

Consumer Finance

The Consumer Financial Protection Bureau (CFPB) issued an interpretive rule today that explains the basis for its authority to examine supervised financial institutions for risks to active duty servicemembers and their dependents (i.e. military borrowers) from conduct that violates the Military Lending Act (MLA).

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An In-Depth Guide to the Cavalier Hotel on Virginia Beach

Nerd Wallet

Marriott’s Autograph Collection has an eclectic mix of properties with the tagline “exactly like nothing else,” and The Historic Cavalier Hotel and Beach Club in Virginia Beach is an ideal example of history and creativity coming together to fit that mold. The hotel has plenty of character, and is a great place to earn or. Ramsey Qubein writes for NerdWallet.

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Why Tenant Insurance Is Important for Renters

Credit Corp

Many believe that the policies of their landlords will cover them. Some also believe that tenant’s insurance is simply a waste of time and money. It should be noted that a landlord’s policy will cover things like appliances, structural problems, as well as pipes. However, their policy likely won’t cover your most valuable assets, which may include money, gold, jewelry, and electronics.

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Chase Freedom & Flex 5% Categories, Q3 2021: Grocery Stores, Eligible Streaming

Nerd Wallet

The 2021 third-quarter bonus categories for the Chase Freedom Flex? and the legacy Chase Freedom® can cover the grub for your midsummer backyard barbecue, as well as your Friday night homemade-pizza-and-binge-watching tradition. From July 1 through Sept. 30, 2021, cardholders will earn 5% cash back on up to $1,500 in combined spending on: Grocery stores (excluding.

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ERM Program Fundamentals for Success in the Banking Industry

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?

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Klarna’s Digital Debt Collection Journey: Outsourcing Without Sacrificing the Consumer Experience

True Accord

Klarna, the highest-valued private fintech in Europe, is on a mission to make shopping simple, safe and smooth, for both consumers and retailers, through its suite of payment products and services. From its inception in 2005, Klarna has not compromised on providing a seamless consumer experience — even when it comes to consumers in collection. With a high standard for customer experience and in an effort to integrate collections seamlessly with their product, Klarna initially opted to keep colle

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Top Alternatives to Xero

Nerd Wallet

Xero is a popular business accounting software known for its extensive feature set, user-friendly platform and mobile-friendly design. » MORE: NerdWallet’s best accounting software for small businesses What features does Xero offer? There are three Xero plans you can choose from: the Xero Accounting Early Plan, the Xero Accounting Growing Plan and the Xero Accounting.

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A True Appraisal of Manufactured Housing

Prosperity Now

For the last three years, Prosperity Now has led the Manufactured Housing Anti-stigma Campaign to combat stigma and its negative

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How to Fly to Mexico’s Baja California on American Airlines

Nerd Wallet

American Airlines recently launched nonstop service from two southwestern airports — Phoenix Sky Harbor and Dallas-Fort Worth — to the Baja California Peninsula where culture, clear water and aquatic adventures abound. There’s much to do on Mexico’s westernmost peninsula, from sunbathing on the beach and snorkeling off the coast, to investigating historic missions and whale.

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You Put in a Full Work Week. Shouldn’t Your Collections Software Do the Same?

Discover a modern, cloud-based collection system that never takes a rest day. MeridianLink® Collect is an intuitive platform with advanced customization options developed to simplify the collections process. Here are four ways MeridianLink Collect can support your team: Omnichannel communications Compliance rules & checklists Workflows & queues One interface with supporting integrations And that’s just the start.

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Second Circuit Holds Debt Collector Did Not Need to Include Interest Disclosure in Settlement Offer

Burr Forman

In its 2016 decision in Avila v. Riexinger & Associates, LLC , the Second Circuit Court of Appeals held that an attempt to collect a debt that states the current balance owed but does not disclose whether interest and fees are accruing is misleading in violation of the Fair Debt Collection Practices Act (“FDCPA”) Section 1692e. This decision created a cottage industry of lawsuits seeking to pounce on this seemingly technical violation in many businesses’ collection notices.

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21 Small-Business Tax Deductions You Need to Know

Nerd Wallet

For small-business owners, there are few sweeter phrases than “small-business tax deductions.” But in most cases, business owners just aren’t aware of all the small-business tax deductions available to them — or they simply aren’t taking the time to keep detailed records, itemize expenses or crunch the numbers necessary to take advantage of these deductions. ».

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Screened Time: Google's Newest Advertising Program Is Here

NCBA Law Practice Management Blog

Attorneys have, like most business owners, spent lots of their marketing dollars on Google search. It makes sense: Google is the most popular search engine. (Google-owned YouTube is #2.) Google Screened is Google’s latest addition to its collection of local service ads. Google Screened offers up attorney recommendations for practice area searc hes. So, if you’re a bankruptcy attorney using Google Screened, when someone in your local area searches for a bankruptcy attorney, your profile would be

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6 Best Web Hosting Options for Small Businesses

Nerd Wallet

These days, having a business website is essential—and fortunately, there are a variety of tools and platforms that can help you build your online presence. This being said, although certain website builders and ecommerce platforms include hosting as part of their product, in some cases—often if you bought your web address or domain as a. Christine Aebischer writes for NerdWallet.

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The Power of Storytelling in Risk Management

Speaker: Dr. Karen Hardy, CEO and Chief Risk Officer of Strategic Leadership Advisors LLC

Communication is a core component of a resilient organization's risk management framework. However, risk communication involves more than just reporting information and populating dashboards, and we may be limiting our skillset. Storytelling is the ability to express ideas and convey messages to others, including stakeholders. When done effectively, it can help interpret complex risk environments for leaders and inform their decision-making.

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What Does Fairness Mean at Work? [6 Examples] | Arbeit

Arbeit Software

At Arbeit, fairness is one of our core brand values. It's something that is often brought up by brands, but its true meaning is discussed less frequently. We wanted to share what we believe to be the true meaning of fairness, so we asked our team to share specific examples of how they show fairness in the workplace.

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How to Get Income-Driven Repayment Plan Forgiveness

Nerd Wallet

Income-driven repayment plans are a safety net for federal student loan borrowers having difficulty making payments on a standard 10-year repayment plan. They carry a bonus that no other type of repayment plan does: eventual forgiveness. All four income-driven repayment plans cap payments at a portion of your discretionary income and extend your repayment term.

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Immigration Insights: Episode 3

Burr Forman

In the third episode of the Immigration Insights podcast, host Melissa Azallion Kenny discusses the H1-B Visa program and some alternatives for employers if their particular H1-B case was not selected for the fiscal year 2022 cap. Immigration Insights is a weekly podcast hosted by Melissa Azallion Kenny , a partner in the firm’s Hilton Head office.

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Life Insurance for Diabetics

Nerd Wallet

Around 1 in 10 American adults live with diabetes, according to the Centers for Disease Control and Prevention’s 2020 National Diabetes Statistics Report. Life insurance for diabetics is in reach, but your options might be limited, and you can expect to pay more for a policy. The good news: If you can prove your diabetes. Katia Iervasi writes for NerdWallet.

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How to Attract Multiple Generations to Open New Accounts and Apply for Loans

The experiences of every generation are characterized by their behaviors involving finances. Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers. This entertaining and informative eBook will help your financial institution uncover the best practices when it comes to appealing to mass audiences.