Account Recovery

DECEMBER 7, 2020

The Consumer Financial Protection Bureau on Friday announced it had filed a lawsuit against LendUp, an online lender, accusing it of violating the Military Lending Act, as part of a “broader Bureau sweep of investigations of multiple lenders” who might be violating the law. A copy of the complaint filed against LendUp, which was filed … The post CFPB Sues Online Lender for Violations of Military Lending Act appeared first on AccountsRecovery.net.

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Lender 235

American Profit Recovery

DECEMBER 7, 2020

With Thanksgiving recently upon us, I could not help but stop and think about all the things I am thankful for this year. 2020 has taught many of us to be grateful for the little things like family, socializing, health, and simple things like being able to grocery shop. I am especially grateful that I chose to work at such a phenomenal place as I approach my third-year anniversary at American Profit Recovery.

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Loans 130

Account Recovery

DECEMBER 7, 2020

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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Nerd Wallet

DECEMBER 7, 2020

When Philip Weiss, a systems engineer in New Jersey, saw the rustic house on a four-acre lot in the Poconos, it was love at first sight. He was preapproved for a mortgage, placed an offer on the home and the seller accepted. Nearly one month later, the unexpected happened. Weiss says despite having a 700+. Linda Bell is a writer at NerdWallet. Email: lbell@nerdwallet.com.

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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 7, 2020

APPEALS COURT UPHOLDS RULING FOR DEFENDANT IN TCPA RE-CONSENT CASE The Court of Appeals for the Eleventh Circuit has affirmed a lower court’s ruling in favor of a defendant that was sued for violating the Telephone Consumer Protection Act by contacting an individual on his cell phone using an automated telephone dialing system because the … The post Daily Digest – December 7.

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Account Recovery

DECEMBER 7, 2020

The Court of Appeals for the Eleventh Circuit has affirmed a lower court’s ruling in favor of a defendant that was sued for violating the Telephone Consumer Protection Act by contacting an individual on his cell phone using an automated telephone dialing system because the plaintiff re-consented to being contacted by filling out a form … The post Appeals Court Upholds Ruling for Defendant in TCPA Re-Consent Case appeared first on AccountsRecovery.net.

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TCPA

DECEMBER 7, 2020

Tomorrow morning, the Supreme Court will hold oral argument via teleconference in Facebook v. Duguid, which concerns the proper interpretation of the TCPA’s definition of an “automatic telephone dialing system.

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Account Recovery

DECEMBER 7, 2020

The Chairman of the Senate Finance Committee is calling on his committee, as well as that of the Senate Judiciary Committee, to strengthen the collection practice requirements for hospitals and healthcare providers who receive non-profit status under Section 501(r) from the Internal Revenue Service. The call is based on information gathered by Sen. Chuck Grassley … The post Senator’s Investigation Leads Him to Call for Stronger 501(r) Scrutiny appeared first on AccountsRecovery.net.

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Healthcare Collections 147

Jimerson Firm

DECEMBER 7, 2020

When property owners make improvements over $2,500 to their property, they must record a Notice of Commencement in the public records where the project is located. A Notice of Commencement signals the beginning of a construction project, and provides protection to the owner, contractors, subcontractors, and suppliers. If a contractor, subcontractor, or supplier records a lien, the lien will attach and relate back to the date the Notice of Commencement was recorded.

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Construction Law Firms Banks 78

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Collections

Account Recovery

DECEMBER 7, 2020

The receivable management industry, comprised of companies who provide a wide-array of fundamental financial services centered around the purchase, finance and/or collection on consumer and commercial related accounts receivables continues to be the cornerstone in the credit ecosystem, and a major influence behind credit availability to consumers, both in the U.S., Canada and abroad.

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Financial services Collections 130

Nerd Wallet

DECEMBER 7, 2020

The Southwest Airlines boarding process is a practice perhaps more polarizing than whether pineapple belongs on pizza. But one thing’s for sure: The Southwest boarding process is certainly unique. There are no assigned seats. There’s no guarantee you’ll get that coveted window seat behind the exit row (which means no seat directly in front of. Sally French is a writer at NerdWallet.

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Troutman Sanders

DECEMBER 7, 2020

Midwest Recovery Systems (“Midwest Recovery”), a debt collection company, must cease its alleged debt-parking practices, delete all reported debts, and surrender its remaining assets in partial payment of a $24.3 million monetary judgment, under a stipulated order filed by the Federal Trade Commission (“FTC”) last week. Debt parking, also known as “passive debt collection,” occurs when debt collectors place false or questionable debts on a consumer’s credit report without first contacting the co

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Debt collector Trade Fair Debt Collection Judgment 64

Nerd Wallet

DECEMBER 7, 2020

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion of some of the money lessons we’ve learned during the pandemic. Then we pivot to this week’s questions from Shannon, who asks, “How much of my savings should I try to put in retirement accounts. Liz Weston is a writer at 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

Consumer Finance

DECEMBER 7, 2020

On December 8, 2020, the Consumer Financial Protection Bureau issued a consent order against RAB Performance Recoveries, LLC for threatening to sue and suing consumers to collect debts where it did not have a legally required license to do so.

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Debt collector Collections 53

Nerd Wallet

DECEMBER 7, 2020

PayPal and Venmo have a lot in common: PayPal owns Venmo, they’re both ways to quickly send your roommate your share of the water bill, and they both offer no-annual-fee cash-back credit cards issued by Synchrony. When it comes to how they earn rewards, however, the PayPal Cashback Mastercard® and Venmo Credit Card go their. Sara Rathner is a writer at NerdWallet.

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Fico Collections

DECEMBER 7, 2020

With data suggesting that most digital transformation efforts are doomed to failure, it’s no surprise that these organizations are missing something. One element that’s absolutely critical is a brain and central nervous system that enables the organization to operationalize data-driven decision making across their organization. This is called a Digital Decisioning Platform (DDP), and FICO’s DDP, the Decision Management Suite was today named as a leader in this space.

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Nerd Wallet

DECEMBER 7, 2020

Points pooling might be a novel concept to some, but if you’re a TrueBlue rewards member who likes to fly JetBlue, you’ll want to know more about it. Points pooling will not only benefit you, but select friends and family as well. What is points pooling and why is it helpful? Points pooling is a. Natasha Gabrielle is a writer at NerdWallet. Email: travel@nerdwallet.com.

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Collections

BN Lawyers

DECEMBER 7, 2020

The Austin Business Journal published a profile of Stephen Sather, the head of the bankruptcy section at Barron & Newburger. The article, which appeared in the December 4, 2020 issue was titled “The Wisdom of Bankruptcy Law Expert Steve Sather.” Share List.

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Bankruptcy 52

Nerd Wallet

DECEMBER 7, 2020

The Amex EveryDay® Credit Card turns heads with a unique perk for frequent shoppers: Make 20 or more purchases in a billing period, and you’ll automatically earn 20% more points on all those purchases. The card also offers a $0 annual fee, valuable ways to use and earn Membership Rewards and 2x points when you. June Casagrande is a writer at NerdWallet.

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Burr Forman

DECEMBER 7, 2020

The SBA has now released broader information on borrowers who received loans under the Payroll Protection Program. The SBA’s release of this information was ordered by United States District Judge James E. Boasberg in a case filed against the SBA, WP Company LLC d/b/a The Washington Post, et al., v. U.S. Small Business Administration , Civil Action No. 20-1240 (JEB) and a related case, Center for Public Integrity v.

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Loans Government 52

Public Citizen

DECEMBER 7, 2020

David Berman has written A Critique of Consumer Advocacy Against the Restatement of the Law of Consumer Contracts, 54 Columbia Journal of Law & Social Problems. Here is the abstract: In May 2019, the American Law Institute proposed adopting a Restatement of the Law of Consumer Contracts. In it, the Restatement’s Reporters suggested a “grand bargain,” which removed the requirement that consumers meaningfully assent to contractual terms and compensated for this by adding teeth to ex post remed

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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.

Burr Forman

DECEMBER 7, 2020

Mobile Partner John Kavanagh authors “Admiralty” 2019 Eleventh Circuit Survey for the Mercer Law Review. . The cases discussed herein represent decisions the United States Court of Appeals for the Eleventh Circuit issued in 2018 and 2019. While not an all-inclusive list of maritime decisions from the court during that timeframe, the Author identified and provided summaries of key cases that should be of interest to the maritime practitioner. 1.

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Judgment 40

BN Lawyers

DECEMBER 7, 2020

Barbara Barron and Stephen Sather’s article “Voting and the Apathetic Creditor” was featured on the cover of the December issue of the American Bankruptcy Institute Journal. The article discusses the difficulty in determining acceptance or rejection of a plan of reorganization when a class of creditors declines to vote. Share List.

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Bankruptcy Creditors 40

Prosperity Now

DECEMBER 7, 2020

The year 2020 has been a doozy, particularly for low- and moderate-income communities.

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NACM

DECEMBER 7, 2020

The construction industry is likely to see a slowdown in the coming winter months, but a promising start was shown in November in part by the addition of 27,000 net new jobs. According to Associated Builders and Contractors' (ABC) analysis of U.S. Bureau of Labor Statistics data, the latest round of new jobs brings the industry's new added job tota.

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Construction 4

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