Thu.Aug 20, 2020

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Study Busts Robocall Myths

Account Recovery

The number of robocalls being made every month is staying pretty much the same, and individuals who answer robocalls are not more likely to get more of them than people who do not answer robocalls, are two of the conclusions reached by researchers from North Carolina State University, who analyzed 1.5 million robocalls sent to … The post Study Busts Robocall Myths appeared first on AccountsRecovery.net.

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Retirement Investments: A Beginner’s Guide

Nerd Wallet

Advancements in medicine and technology are helping us live longer than ever before. But the prospect of living in retirement for up to 40 years — often the same time frame an individual spends working — makes saving and planning all the more important. Yet saving is only one piece of the retirement puzzle. Choosing. Tiffany Lam-Balfour is a writer at NerdWallet.

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Getting to Know Morgan Leija of Phillips & Cohen

Account Recovery

The “Getting to Know” series is sponsored by Arbeit. Arbeit is a powerful, and easy to use communications platform that empowers businesses to reach more consumers. Innovative by nature, we are constantly listening to and understanding the businesses we partner with and developing long term industry relationships that allow us to be proactive in anticipating … The post Getting to Know Morgan Leija of Phillips & Cohen appeared first on AccountsRecovery.net.

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Responding to a Statement of Claim in the Victorian Judicial System

Debt Recoveries

Author: Nathan Haynes of ADC Legal. Receiving a claim against you is a stressful experience for everyone and it is important to have a clear understanding of how best to respond. What is a Statement of Claim? A Statement of Claim is the document used to initiate legal proceedings. It contains a summary of the key facts supporting a plaintiff’s case.

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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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Daily Digest – August 20. Getting to Know Morgan Leija of Phillips & Cohen; Penn. AG Takes Action Over ‘Aggressive’ Collection Tactics

Account Recovery

GETTING TO KNOW MORGAN LEIJA OF PHILLIPS & COHEN Morgan Leija may not have a lot of experience in the credit and collection industry yet, but the time she has spent has already taught her a lot. Coming into this business without any experience can be overwhelming and enough to make a lot of people … The post Daily Digest – August 20.

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Probate Finder OnDemand® Celebrates 10-Year Milestone

Account Recovery

MINNEAPOLIS (August 20, 2020) – DCM Services, LLC (“DCMS”) and its sister company, Forte, LLC, the industry leaders in data and contact management solutions for the estate and specialty receivables recovery market, celebrate 10 years of the nation’s only online probate claim filing solution, Probate Finder OnDemand. Probate Finder OnDemand was launched in 2010. … The post Probate Finder OnDemand® Celebrates 10-Year Milestone appeared first on AccountsRecovery.net.

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Why Taking Social Security Early Costs Too Much

Nerd Wallet

Starting Social Security early typically means getting a smaller benefit for the rest of your life. The penalty is steep: Someone who applies this year at age 62 would see their monthly benefit check reduced by nearly 30%. Many Americans have little choice but to accept the diminished payments. Even before the pandemic, about half. Liz Weston is a writer at NerdWallet.

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Penn. AG Announces Enforcement Action Over ‘Aggressive’ Collection Practices

Account Recovery

The Attorney General of Pennsylvania announced yesterday that it had entered into a voluntary agreement with a financial institution which will require the institution to stop engaging in what the AG described as “aggressive” debt collection practices. The institution — Northwest Bank — was accused of filing collection lawsuits against individuals with unpaid car loans … The post Penn.

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5 Things to Know About the First Hawaiian Bank United Mastercard

Nerd Wallet

Chase has long been the primary issuer of United Airlines’ co-branded credit cards — but there is another bank that offers one. The First Hawaiian Bank United® Mastercard® has an annual fee of $0 the first year, then $99. Eligibility is highly limited, but for those who do qualify, it could be an appealing option for earning United MileagePlus. Erin Hurd is a writer at NerdWallet.

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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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Advocacy Groups Accuse CFPB of Burying Access to Complaint Narratives

Account Recovery

A group of 35 consumer advocacy organizations are calling out the Consumer Financial Protection Bureau for “bury[ing]” the narratives that consumers can submit when filing complaints, accusing the Bureau of doing so to “appease business fears.” The advocacy groups submitted a letter to Kathleen Kraninger, the Director of the CFPB, requesting that the Bureau make … The post Advocacy Groups Accuse CFPB of Burying Access to Complaint Narratives appeared first on Accoun

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How to Teach Your Child Good Money Habits

Credit Corp

Dear Credit.com, My child has recently expressed an interest in getting a debit card. I think he’s too young, but he insists all his friends have their own debit cards and bank accounts. What’s your opinion? How young is too young to teach my kid smart money habits? Thanks for your help! Debit Downer. Hey there, DD! In my opinion, it’s never too soon to start teaching your child about spending and saving money and showing them good money management habits.

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States challenge FDIC rule that allows lenders to bypass state interest-rate caps

Public Citizen

Eight state attorneys general today filed a lawsuit challenging a new Federal Deposit Insurance Corporation rule that creates a loophole allowing predatory lenders to evade state laws that forbid excessive interest-rate charges. From the California attorney general's press release : "These caps on interest rates play a critical role in regulating payday loans and other high-cost lending throughout the state.

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A Complete Guide to Hawaiian Airlines First Class

Nerd Wallet

Although the pandemic has hit travel to Hawaii hard, it’s just a matter of time until the Aloha State begins welcoming back travelers from around the world. In 2019, 10.4 million people visited the islands, many of them arriving via Hawaiian Airlines. If you’re patiently waiting out the coronavirus for a well-earned escape to Hawaii, Jon Nickel-D'Andrea is a writer at NerdWallet.

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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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5 Biggest Enterprise Software Implementation Challenges

Re:Ceeve

Introducing a new enterprise software is no easy task. The fruits of one’s effort are not borne immediately. It is a challenging process needing an abundance of clarity, patience and commitment. Knowing where the risks lie and learning from others’ mistakes are key to a smooth and stress-free implementation. So why go through a software implementation process at all?

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Is the Marriott Bonvoy Bold Credit Card Worth Getting?

Nerd Wallet

The Marriott Bonvoy Bold™ Credit Card from Chase offers benefits you may not expect on a card with a $0 annual fee, including Silver elite status and travel protections. But just because there’s no annual fee doesn’t mean this card is right for everyone. Here’s what you need to know to decide whether the Marriott. Dustin Waller is a writer at NerdWallet.

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What Personal Guarantors Should Know About the ‘Good Guy Clause’

FFGN COLLECT NY

If you are a business owner in the New York commercial leasing space you almost certainly will have signed what’s known as a “good guy clause,” guaranteeing rent payment. In essence, the clause states the individual guarantor will be a “good guy” and personally guarantee the terms of the lease, i.e. paying rent and any additional charges as they become due.

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Underrated Reasons Why You Need a Citi / AAdvantage Executive World Elite Mastercard

Nerd Wallet

There is a lot to love about the Citi® / AAdvantage® Executive World Elite™ Mastercard®. With a desirable welcome bonus and extra perks for American Airlines loyalists, it’s no wonder so many people find this card is worth its $450 annual fee. But there are also some lesser-known reasons why this card is a great. Natasha Gabrielle is a writer at NerdWallet.

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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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COVID-19: TIPS FOR BATTLING BACK TO SCHOOL ANXIETY

Price Meese

Everyone is nervous before a new school year, some more than others. Back to school anxiety may be greater than ever due to COVID-19 and all the unknowns for this upcoming school year. Let your child know that having butterflies is normal and soon enough he or she will settle into their new routine. In the meantime, try these tips to lessen their anxiety (and yours) and get your child excited for the new school year!

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Debt Relief Considerations After COVID-19 – Don’t Panic!

Fico Collections

The global financial crisis in 2008 left many scarred over time. The crisis did provide us with many important lessons and data points, which if used properly can help us manage collections and debt relief for the pandemic effects that we are facing now. For example, one key collections observation taken from 2008 related to the average time a consumer returned to financial good.

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158 Burr & Forman Attorneys Named Among The 2021 Best Lawyers in America

Burr Forman

Burr & Forman LLP announces the inclusion of 158 of its attorneys among the Best Lawyers in America for 2021. One of the oldest and most distinguished legal directories, Best Lawyers conducts peer-review surveys to compile its annual list of top attorneys in a number of practice areas. The 2021 edition of the publication is available today at www.bestlawyers.com.

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157 Burr & Forman Attorneys Named Among The 2021 Best Lawyers in America

Burr Forman

Burr & Forman LLP announces the inclusion of 157 of its attorneys among the Best Lawyers in America for 2021. One of the oldest and most distinguished legal directories, Best Lawyers conducts peer-review surveys to compile its annual list of top attorneys in a number of practice areas. The 2021 edition of the publication is available today at www.bestlawyers.com.

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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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“A Guide to the New FMLA Forms,” SHRM Online

Burr Forman

Jim Gilliam discussed the recently revised Family and Medical Leave Act (FMLA) forms from the Department of Labor (DOL) in an August 17, 2020 article for the Society of Human Resource Management (SHRM). The revised forms, which are optional as employers can still use their own, include extensive changes requiring more specific information in notices and medical certifications.

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You Can Come In, But You Can’t Stay – Judge Grossman Dismisses Debtor’s Case for Re-designating Under the SBRA After Deadlines Have Passed. Seven Stars on the Hudson Corp., Case No. 19-17544-SMG, Bankr. S.D. Fla. Aug. 7, 2020

Burr Forman

“Timing in Life Is Everything” – John Sculley. Relying on a plain reading of Sections 1188 and 1189 of the Bankruptcy Code, Bankruptcy Judge Scott M. Grossman dismissed the Seven Stars bankruptcy case [1] based on the debtor’s election to proceed under Subchapter V of Chapter 11 [2] after the expiration of the statutory deadlines for filing a plan and holding a status conference.

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Labor & Employment Podcast Series: Episode 1

Burr Forman

The Labor & Employment Podcast Series was developed from all the webinars and articles the L&E lawyers at Burr have created over the past few months. In this episode, Bryance Metheny and Jim Gilliam give the listeners some useful information and practical ideas to consider when navigating the challenges that 2020 has created for us all. Birmingham partner Bryance Metheny is the Chair of the firm’s Labor & Employment practice group and office and Jim Gilliam is a partner in

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