Account Recovery

DECEMBER 12, 2022

JUDGE PARTIALLY DISMISSES CLAIMS IN FDCPA CASE, RULES PHYSICAL INJURIES ENOUGH TO CONFER STANDING In a lot of instances, unpacking and summarizing a court ruling in less than 500 words is pretty easy. But, like the situation we have for this particular case, the volume of interesting twists and turns are going to make being … The post Daily Digest – December 12.

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Acquisition 246

Nerd Wallet

DECEMBER 12, 2022

AP. Abby Badach Doyle writes for NerdWallet. Email: abadachdoyle@nerdwallet.com. The article Co-Buying a House: How Platonic Partners Make It Work originally appeared on NerdWallet.

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Account Recovery

DECEMBER 12, 2022

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

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Credit Corp

DECEMBER 12, 2022

In This Piece. Gather Information Request Verification of Debt File a Dispute Make Sure It’s Listed as Medical Debt Can You Negotiate Medical Bills in Collection? Know Your Rights. Are you struggling with medical debt? Are you tired of medical collectors calling? If so, you’re not alone. Studies show that Americans owe more than $88 million in medical debt.

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Debt collector Collection Agencies Collections Agency Collections 97

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

DECEMBER 12, 2022

You’ve probably heard of fintech — a mash-up of the words financial and technology — in the past couple of years as new start-ups and platforms, such as Buy Now, Pay Later offerings, have become more popular. But even I had to look up what proptech was when I read this article, and after reading … The post Acquisition of Proptech Firm Shows Commitment to Offering Consumers Flexible Payment Options first appeared on AccountsRecovery.net.

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Acquisition 246

Account Recovery

DECEMBER 12, 2022

In a lot of instances, unpacking and summarizing a court ruling in less than 500 words is pretty easy. But, like the situation we have for this particular case, the volume of interesting twists and turns are going to make being brief difficult, so bear with me. A District Court judge in Minnesota has partially … The post Judge Partially Dismisses Claims in FDCPA Case, Rules Physical Injuries Enough to Confer Standing first appeared on AccountsRecovery.net.

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Fraser

DECEMBER 12, 2022

For tax years beginning in 2022, research and experimental (R&E) expenditures are no longer immediately expensed but rather must be amortized over five years (15 years for foreign expenditures). To illustrate, if a business spent $1,000 on domestic research activities in 2021, it could deduct the full $1,000 on its 2021 tax return. But, starting in 2022, $1,000 spent on research will be deducted incrementally over a five-year period; approximately $200.

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Government 92

Account Recovery

DECEMBER 12, 2022

The Connecticut Department of Banking has fined a collection law firm $100,000 — the maximum amount allowed by law — and ordered it to cease and desist from collecting in the state without a valid license. A copy of the enforcement order against the Law Offices of David M. Katz can be accessed by clicking … The post Collection Law Firm Fined $100k, Ordered to Stop Collecting in CT Without License first appeared on AccountsRecovery.net.

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Law Firms Collections Banks 240

Nerd Wallet

DECEMBER 12, 2022

Sara Rathner writes for NerdWallet. Email: srathner@nerdwallet.com. Twitter: @sarakrathner. The article Credit Cards That Give Instant Rewards originally appeared on NerdWallet.

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Collections

UK debt collections

DECEMBER 12, 2022

UK restaurants are going bust at a faster rate than during the Covid crisis owing to a “toxic mix” of surging energy costs, staff shortages and falling bookings. Closures in the sector rose by 60%, with 1,567 insolvencies over 2021-22, up from 984 during 2020-21, according to a study by the advisory firm Mazars. The figure includes 453 over the past three months, up from 395 in the previous quarter.

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Government Trade 59

Nerd Wallet

DECEMBER 12, 2022

So you’ve finally made it to Walt Disney World. You’ve got a week to spend there, but you’re not sure which parks are best for your family. We don’t blame you — Disney World is a massive series of resorts and theme parks with seemingly endless options. Among the theme parks is Epcot, a Disney. Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com.

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Prosperity Now

DECEMBER 12, 2022

Over the last several months, the Massachusetts Baby Bonds Task Force , which includes Prosperity Now Policy Fellow, Shira Markoff

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Nerd Wallet

DECEMBER 12, 2022

Finding the right vacation rental can take time and effort, especially if you’re looking for specific types of properties — like those that meet the requirements of the Americans with Disabilities Act. Thankfully, many companies offer search filters that make finding accessible properties easier. Let’s take a look at how to find wheelchair-accessible vacation rentals.

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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

Fico Collections

DECEMBER 12, 2022

Home. Blog. FICO. Network International & FICO Bring MEA Enterprise Fraud Detection. With FICO Falcon Fraud Manager, Network International uses AI and machine learning technology to score transactions across a rapidly expanding array of payment options. FICO Admin. Thu, 12/19/2019 - 16:29. by Alexandre Graff. Vice President, Global Partners & Alliances. expand_less Back To Top.

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Financial Institution Government Banks 52

Troutman Sanders

DECEMBER 12, 2022

To help you keep abreast of relevant activities, below find a breakdown of some of the biggest events at the federal and state levels to impact the Consumer Finance Services industry this past week: Federal Activities. State Activities. Federal Activities: On December 8, the Office of the Comptroller of Currency (OCC) released its Semiannual Risk Perspective for Fall 2022 , which discusses major risk themes facing the federal banking system.

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Financial services Financial Institution Banks Lender 52

Fico Collections

DECEMBER 12, 2022

Home. Blog. FICO. Reflections 2022: The Power of Patents and the People Behind Them. In 2022, FICO was granted 11 new U.S. software patents. FICO Admin. Tue, 07/02/2019 - 02:45. by Scott Zoldi. expand_less Back To Top. Mon, 12/12/2022 - 16:00. As 2022 draws to a close I am reflecting on what has been a very challenging year for the world at large. I am more grateful than ever for things that are easy to take for granted: health, family, a roof over my head, electricity and water, and food on the

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Troutman Sanders

DECEMBER 12, 2022

On December 1, the Connecticut Department of Banking issued a cease and desist order to the Law Offices of David M. Katz mandating the law firm cease conducting collection activities in the state without a license. The law firm was also fined $100,000, the maximum allowed by law. Earlier this year, the Department of Banking issued a temporary order to cease and desist which stated: That the Department of Banking had received a list of 9,788 Connecticut debtor accounts that were referred to the l

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Law Firms Banks Collections Debtor 52

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Collections

Consumer Finance

DECEMBER 12, 2022

CFPB and FHFA release updated data from the National Survey of Mortgage Originations for public use.

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Prosperity Now

DECEMBER 12, 2022

Baby Bonds have gained momentum at the state level over the past few years, including the passage of the first

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Consumer Finance

DECEMBER 12, 2022

CFPB Director Chopra’s statement on the living wills submitted by certain large foreign banks.

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Banks 59

Credit Corp

DECEMBER 12, 2022

If your income falls under a certain amount, you could be eligible for a special credit by putting money into qualified retirement accounts. It’s called the saver’s credit, and it started in 2018. Wondering if you qualify? We’ve got all the information you need about the saver’s credit for 2022 tax returns and the 2023 tax year so you can maximize potential tax savings.

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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.

Collection Industry News

DECEMBER 12, 2022

The US Supreme Court has agreed to review the legality of President Joe Biden’s plan to cancel student loan debt for millions of borrowers. The programme will remain on hold until the case is heard, the court has announced. In November, a lower court judge ruled the programme was unlawful. The programme would provide $20,000 (£24,490) in loan relief to tens of millions of Americans.

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Student loans Student Loans Education Loans 40