Account Recovery

JUNE 3, 2021

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know Melody Armstrong

Accounts Receivables Management 246

Accounts Receivables Management 246

Credit Corp

JUNE 3, 2021

Can debt collectors take money from your bank account to offset debts you owe them? Unfortunately, the answer is yes. But it takes a lot to get to that scenario, so if you’re not there yet you still have time to learn how to protect yourself from this type of collections activity. To start, here are our top tips for keeping debt collectors from your bank account: Open accounts that can’t be garnished Don’t let debts get to the garnishment stage Show up in court and respond to lawsu

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Debt collector Banks Garnishment Creditors 92

Account Recovery

JUNE 3, 2021

A District Court judge in New York has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act because it warned the plaintiff that an unpaid debt would be reported to the credit reporting agencies, ruling that the plaintiff’s interpretation of the letter to be “tortured” … The post EDNY Judge Grants MTD in FDCPA Case Over Reporting Language in Letter appeared first on AccountsRecovery.net.

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Fair Debt Collection Collections 182

Nerd Wallet

JUNE 3, 2021

Laurel Road, a digital lending platform and brand of KeyBank, has launched a new cash-back credit card with features that can help you put more money toward your student loans. The Laurel Road Student Loan Cashback Card offers: A $0 annual fee. 2% cash back toward private or federal student loans with eligible servicers, or. Melissa Lambarena writes for NerdWallet.

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Student loans Student Loans Loans 85

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

JUNE 3, 2021

Crown Asset Management, LLC (CAM), a receivables management and specialty finance firm in Duluth, GA, is pleased to announce the addition of Chris McGill as Human Resource Manager, bringing with her over 25 years of experience and expertise in human resources. Ms. McGill’s responsibilities include proactively identifying and addressing challenges, developing and implementing company policies … The post Crown Asset Management Welcomes Chris McGill as Human Resources Manager appeared first o

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Account Recovery

JUNE 3, 2021

GETTING TO KNOW MELODY ARMSTRONG OF NRA GROUP Between the career she has and the career she would want if she weren’t working in the accounts receivable management industry, it’s clear that Melody Armstrong is a born networker, someone who enjoys talking and listening to people. In fact, listening is the one thing she says … The post Daily Digest – June 3.

Accounts Receivables Management 147

Accounts Receivables Management 147

Jimerson Firm

JUNE 3, 2021

After a shareholder is ousted from a corporation, is the shareholder still entitled to inspect the corporate records? [1] It is undisputed that Florida law only guarantees access to corporate records to present shareholders. Urfirer v. Cornfeld , 408 F.3d 710, 726 (11th Cir. 2005). However, what if the shareholder demands to inspect records before it is ousted from the corporation, while it is still a shareholder?

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Collateral Construction Healthcare 69

Account Recovery

JUNE 3, 2021

The California Assembly on Tuesday passed AB 1020, a bill that would ban hospitals from selling patient debts, require collectors to certify that patients have been screened for public programs and financial assistance before filing a collection lawsuit, and extend the period before a debt could be placed with a collection agency until 180 days … The post California Assembly Passes AB 1020 appeared first on AccountsRecovery.net.

Collection Agencies 147

Collection Agencies Collections Agency Collections Healthcare 147

PBWT

JUNE 3, 2021

A creditor in bankruptcy must normally file a proof of claim by a certain specified time, known as the bar date, or have its claim be barred. Bankruptcy Rule 3002(c)(6)(A) provides a narrow exception to this rule when a creditor files a motion and “the notice was insufficient under the circumstances to give the creditor a reasonable time to file a proof of claim because the debtor failed to timely file the list of creditors’ names and addresses required by Rule 1007(a).” Courts

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Creditors Bankruptcy Debtor 65

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Collections

Account Recovery

JUNE 3, 2021

A petition has been submitted to the Consumer Financial Protection Bureau — allegedly signed by 177,000 people — urging the regulator to rescind Regulation F, its debt collection rule. The petition was submitted by Consumer Reports, the advocacy organization, as part of the comment process to the CFPB’s proposal to delay the effective date of … The post Petition Submitted Urging CFPB to Rescind Debt Collection Rule appeared first on AccountsRecovery.net.

Collections 147

Collections 147

Nerd Wallet

JUNE 3, 2021

Fresh landscaping can add a personal touch to a new home or spice up a backyard where you’ll host happy reunions. But if you’re just getting into the planning phase, a DIY landscaping project may be the way to go this year. Pandemic-prompted supply chain snags for materials like lumber and increased demand from homeowners. Annie Millerbernd writes for NerdWallet.

Personal loans 56

Personal loans Loans 56

Credit Corp

JUNE 3, 2021

This article originally appeared on Your Money Geek and has been republished with permission. When it comes to anything in life, you don’t want to pay more for anything if you don’t have to. Not wanting to pay for anything you don’t have to is also true with investing. You want to maximize the return on any investment you have. You might think that means finding the investment with the best returns.

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Trade 80

Nerd Wallet

JUNE 3, 2021

If your business provides services to other businesses, then you’re likely familiar with the process of issuing invoices and waiting to be paid. While it’s common for invoices to have 30-, 60- or even 90-day payment terms, this can create issues for your business’s cash flow. That’s where invoice factoring companies come into play. These. Jacqueline DeMarco writes for NerdWallet.

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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

Troutman Sanders

JUNE 3, 2021

The Southern District of Florida has added to the growing collection of cases under the Fair Debt Collections Practices Act (FDCPA) based on a lack of standing. In Preisler v. Eastpoint Recovery Grp. , No. 20-CV-62268-RAR ( S.D. Fla. May 25, 2021) , the defendant, United Holding Group, LLC, purchased a debt owed by the plaintiff, Amir Preisler, and hired defendant Eastpoint Recovery Group, Inc.

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Collections Fair Debt Collection Collection Agencies Collections Agency 52

Nerd Wallet

JUNE 3, 2021

Paychex Flex, a cloud-based payroll platform from one of the most well-known names in payroll software, is a good choice for fast-growing businesses. With three plans and a broad range of add-on services, it stands out as an option that can easily scale with a company. But its high cost can be a drawback. The. Amrita Jayakumar writes for NerdWallet.

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Direct Recovery

JUNE 3, 2021

Remember back when you first realized that the COVID-19 pandemic was going to last a lot longer than the original two weeks that we were all hoping for? If you’re like most people, you tried to be optimistic and focus your thinking on getting done all of the things that you had been putting off for months because you were too busy. Actually, scratch that.

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Nerd Wallet

JUNE 3, 2021

The Platinum Card® from American Express comes chock-full of cardholder benefits that offset its annual fee. One of its most value-laden perks, however, sometimes flies under the radar. For cardholders with a spouse, children over the age of 13 or trusted colleagues, the ability to add up to three authorized users for a flat annual. Ramsey Qubein writes for NerdWallet.

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Collections

TCPA

JUNE 3, 2021

The Fifth Circuit recently held that a TCPA plaintiff who received a single text message suffered an Article III injury sufficient to support standing for his claim. In Cranor v. 5 Star Nutrition, L.L.C., No.

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Nerd Wallet

JUNE 3, 2021

If you’re flying to Japan in coach, you might want to consider a Japan Airlines economy seat. It’s a long flight, and while your JAL Sky Wider seat won’t be as luxurious as the lie-flat ones in business class, the comfort and service in the airline’s economy class are superior to a lot of competitors. Andy Shuman writes for NerdWallet. Email: travel@nerdwallet.com.

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On Guard

JUNE 3, 2021

Leveraging data to better respond to market trends is a key goal for 23% of organisations. London, UK, 3rd June 2021 – 26% of organisations will not be fully data-driven for another four to five years, according to findings from the latest FinTech Barometer survey of finance professionals, carried out by Visma | Onguard, the fintech company that focuses on the order-to-cash process.

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Nerd Wallet

JUNE 3, 2021

Whether you want to take in some Revolutionary history, championship sports or top museums and universities, nothing beats Boston, also known as Beantown. And there are plenty of cheap and simple ways to get to Boston using points and miles. With no single airline dominating the market for flights to Boston, travelers reap the benefits. Michael Friedman writes for NerdWallet.

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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.