Wed.Feb 01, 2023

article thumbnail

Calif. Appeals Court Upholds Denial of Motion to Compel Arbitration in RFDCPA Case

Account Recovery

The California Court of Appeals has upheld a lower court’s ruling denying a motion to compel arbitration filed by a collection operation, reaching the same conclusion that the plaintiff never officially consented to arbitration with the original creditor, and allowing a Rosenthal Fair Debt Collection Practices Act case to proceed. A copy of the ruling … The post Calif.

article thumbnail

Beyoncé Is Going on Tour, and a Citi Card Can Help You Get a Ticket

Nerd Wallet

Jae Bratton writes for NerdWallet. Email: jbratton@nerdwallet.com. Jaime Hanson writes for NerdWallet. Email: jhanson@nerdwallet.com. The article Beyoncé Is Going on Tour, and a Citi Card Can Help You Get a Ticket originally appeared on NerdWallet.

98
Insiders

Sign Up for our Newsletter

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

article thumbnail

23 Companies Seeking Collection Talent

Account Recovery

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant … The post 23 Companies Seeking Collection Talent first appeared on AccountsRecovery.net.

article thumbnail

Turning Roadblocks into Better Recovery Opportunities

True Accord

Businesses and consumers are buckling up for a bumpy economic road in 2023, but your company doesn’t have to accept that these recovery roadblocks spell inevitable losses. With the right digital communication strategy you can turn challenges into opportunities and engagement into recovered revenue. Let’s look at the roadblocks—and uncover the opportunities.

article thumbnail

Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

article thumbnail

Matt Maloney on the Importance of Being Curious

Account Recovery

FFAM360’s Matt Maloney may have been born into the accounts receivable management industry, but he’s not stuck in the past when it comes to collecting debts. Investments in technology and understanding the importance of surrounding yourself with smart people have helped Maloney grow FFAM360 into an operation with six different companies that manage receivables at … The post Matt Maloney on the Importance of Being Curious first appeared on AccountsRecovery.net.

More Trending

article thumbnail

Judge Remands FDCPA Case Back to State Court, Awards Attorney’s Fees to Plaintiff

Account Recovery

A District Court judge in Wisconsin has granted a plaintiff’s motion to remand a Fair Debt Collection Practices Act case back to state court where it was originally filed and granted the plaintiff’s motion for attorney’s fees and costs because it was “objectively unreasonable” for the defendant to remove the case in the first place. … The post Judge Remands FDCPA Case Back to State Court, Awards Attorney’s Fees to Plaintiff first appeared on AccountsRecovery.n

article thumbnail

Fed Rate Increase Could Signal Lower Mortgage Rates Ahead

Nerd Wallet

Holden Lewis writes for NerdWallet. Email: hlewis@nerdwallet.com. Twitter: @HoldenL. The article Fed Rate Increase Could Signal Lower Mortgage Rates Ahead originally appeared on NerdWallet.

95
article thumbnail

Daily Digest – February 1. Behind the Curtain with Matt Maloney; Calif. Appeals Court Upholds Denial in RFDCPA Case

Account Recovery

BEHIND THE CURTAIN: MATT MALONEY FFAM360’s Matt Maloney may have been born into the accounts receivable management industry, but he’s not stuck in the past when it comes to collecting debts. Investments in technology and understanding the importance of surrounding yourself with smart people have helped Maloney grow FFAM360 into an operation with six different … The post Daily Digest – February 1.

article thumbnail

My Massachusetts debtor’s check bounced. How do I collect now?

Collections Law

When a check bounces, you can sometimes get paid by simply following up with the person who wrote the check. It might have been a blip and they may be willing to pay. When that doesn’t happen, Massachusetts law may allow you to sue that person and the company named on the check. That’s because, by law, anyone in Massachusetts who writes a bad check may be personally liable for its payment, along with a relatively small amount in damages.

article thumbnail

The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

article thumbnail

Storms and Injuries: How Travel Insurance Can Rescue a Ski Trip

Nerd Wallet

Trip delay and cancellation insurance may also pay for extra meals and lodging that travelers may have incurred as a result of the delay. Meghan Coyle writes for NerdWallet. Email: mcoyle@nerdwallet.com. Twitter: @inkwaves. The article Storms and Injuries: How Travel Insurance Can Rescue a Ski Trip originally appeared on NerdWallet.

84
article thumbnail

How to Get Debt Collectors to Stop Calling after Bankruptcy

Sawin & Shea

The time period leading up to filing for bankruptcy is extremely stressful, as you know. You probably heaved a sigh of relief once you received your case number and were assured that an automatic stay was in effect. Fielding constant phone calls from creditors can be unnerving and stressful – and stress can have a cumulative effect on your physical health as well as your emotional well-being.

article thumbnail

Chase Sapphire Cards Offer Bonus Points on Peloton Equipment

Nerd Wallet

Sara Rathner writes for NerdWallet. Email: srathner@nerdwallet.com. Twitter: @sarakrathner. The article Chase Sapphire Cards Offer Bonus Points on Peloton Equipment originally appeared on NerdWallet.

77
article thumbnail

Navigating Mortgage Servicing Through the Slow-Moving Homeowner Assistance Fund

Troutman Sanders

The Department of Treasury (DOT) has been slow to dole out the nearly $10 billion available under the Homeowner Assistance Fund (HAF), a pandemic aid program enacted by Congress to provide relief to homeowners. Under the HAF, homeowners can apply for relief, including payoff of deferred balances accrued during pandemic forbearance periods. As of October 2022, only about $2 billion in relief funds have been distributed to approximately 150,000 households.

article thumbnail

Agent Tooling: Connecting AI to Your Tools, Systems & Data

Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.

article thumbnail

5 Credit Card Trends to Watch in 2023

Nerd Wallet

Sara Rathner writes for NerdWallet. Email: srathner@nerdwallet.com. Twitter: @sarakrathner. The article 5 Credit Card Trends to Watch in 2023 originally appeared on NerdWallet.

75
article thumbnail

CFPB Proposes to Dramatically Cut Safe Harbor for Credit Card Late Fees

Troutman Sanders

Today the Consumer Financial Protection Bureau (CFPB) published a proposed rule with request for public comment that would amend Regulation Z to: 1) decrease the safe harbor for credit card late fees to $8 and eliminate altogether a higher safe harbor amount for subsequent late payments; 2) eliminate the annual inflation adjustments for the late fee safe harbor amount; and 3) mandate that late fees must not exceed 25% of the required minimum payment.

Banks 52
article thumbnail

Used Car Prices Are Dropping: What That Means for Car Buyers

Nerd Wallet

Whitney Vandiver writes for NerdWallet. Email: wvandiver@nerdwallet.com. The article Used Car Prices Are Dropping: What That Means for Car Buyers originally appeared on NerdWallet.

Loans 74
article thumbnail

Year-End Report Reveals Continuing Trend of Increased FCRA and Decreased FDCPA and TCPA Filings in 2022

Troutman Sanders

According to a recent year-in-review report by WebRecon, Fair Credit Reporting Act (FCRA) filings continued their slow-but-steady increased pace throughout 2022. On the other hand, filings under the Fair Debt Collection Practices Act (FDCPA) and the Telephone Consumer Protection Act (TCPA) were both significantly down from previous years. Likewise, complaints filed with the CFPB were down for the year.

article thumbnail

Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

article thumbnail

Airline, Hotel Elite Status: Harder to Get (or Keep) in 2023

Nerd Wallet

Sally French writes for NerdWallet. Email: sfrench@nerdwallet.com. Twitter: @SAFmedia. The article Airline, Hotel Elite Status: Harder to Get (or Keep) in 2023 originally appeared on NerdWallet.

70
article thumbnail

Pre-Delinquency Measures for Financially Vulnerable Customers

Fico Collections

Home Blog FICO Pre-Delinquency Measures for Financially Vulnerable Customers How well individuals respond to pre-delinquency measures often hinges on the strategies lenders use to engage with them FICO Admin Tue, 07/02/2019 - 02:45 by Matt Cox VP and General Manager, EMEA expand_less Back To Top Wed, 02/01/2023 - 10:45 Many households are in the midst of a cash-crunch.

Lender 52
article thumbnail

Debt collectors re-evaluate medical debt furnishing in light of data integrity issues

Collection Industry News

A new CFPB report estimates that medical collections tradelines declined by 37 percent between 2018 and 2022. “Market Snapshot: An Update on Third-Party Debt Collections Tradelines Reporting” also found that medical debt constitutes a majority (57 percent) of all collections on credit reports. This decline, as well as insights from CFPB market monitoring, suggests that debt collectors are moving away from reporting (or furnishing) medical bills to credit reporting companies, resulting in fewer m

article thumbnail

Journal Entry #3: The Beauty of Virtual Learning

NACM

I am going on my fourth week of the International Credit & Risk Management (ICRM) online course and I am slightly behind. Not only was I struggling with some aspects of the discussion posts but I also had a six-day family vacation in Puerto Rico. Luckily the instructor was very understanding and let me enjoy my trip while helping me with my que.

5
article thumbnail

Future-Proof Your Firm: Smarter Tech for Stronger Returns & Simpler Workflows

Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!