Account Recovery
OCTOBER 1, 2021
CHOPRA CONFIRMED BY SENATE. NOW THE REAL FUN BEGINS Finally. In what might be one of the longest confirmation timelines ever — at least it felt that way at times — the Senate yesterday confirmed Rohit Chopra to be the next Director of the Consumer Financial Protection Bureau, more than nine months after he was … The post Daily Digest – October 1.
Enterprise Recovery
OCTOBER 1, 2021
When you think of the phrase cash flow , you may have a vision of money flowing into and out of your business. In this vision, your clients are seamlessly paying their debts to you and you're paying all of your bills and expenses. Cash flow management is the process of maintaining that flow of money, hopefully increasing positive cash flow, where more money comes in than goes out.
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Account Recovery
OCTOBER 1, 2021
The amount of outstanding credit card debt declined by more than $100 billion between 2019 and 2020, largely due to consumers paying down their debts, according to a report issued this week by the Consumer Financial Protection Bureau, which also detailed the pre- and post-chargeoff collection efforts and touted the rising usage of digital engagement … The post CFPB Credit Card Report Breaks Down Debt Collection Market appeared first on AccountsRecovery.net.
Nerd Wallet
OCTOBER 1, 2021
October marks the open date for the Free Application for Federal Student Aid or FAFSA — and college-bound students should submit the application as soon as possible. Completing the FAFSA allows you to be considered for federal, state and school-based aid. In addition, submitting it soon after the Oct. 1 open date will increase your. Colin Beresford writes for NerdWallet.
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
OCTOBER 1, 2021
If you’ve been around the industry for a few years, maybe the name Douglas MacKinnon will ring a bell or two. MacKinnon, to refresh your memory, was referred to as a debt collection “kingpin” by the Acting Director of the Consumer Financial Protection Bureau, who was ordered to pay $60 million in fines and restitution … The post Collection ‘Kingpin’ Facing Arrest, Family Facing Fines for Not Complying with Court Order appeared first on AccountsRecovery.net.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
OCTOBER 1, 2021
A District Court judge in Georgia has dismissed claims that a collector violated the Fair Debt Collection Practices Act by calling the mother of an individual with an unpaid debt more than 15 times after the mother had asked not to be contacted, and that the collector meaningfully disclosed its identity in a voicemail left … The post Judge Grants MTD in FDCPA Case Over Calls to Debtor’s Mother appeared first on AccountsRecovery.net.
Nerd Wallet
OCTOBER 1, 2021
When was the last time you made a sound decision while wiping away tears? Or shaking in fury? Or sweating with stress? Your judgment was probably off during those emotional moments. Maybe you said something you later regretted — or got bangs. Or maybe you tapped a targeted Instagram ad for a pricey sweater, which. Laura McMullen writes for NerdWallet.
Public Citizen
OCTOBER 1, 2021
by Paul Alan Levy. Today we entered an important case that will determine whether New York’s new and improved anti-SLAPP law protects the authors of consumer reviews against being sued for defamation when they reveal publicly that they were less than thrilled with a business’s services or products. The case arose from the horrible experience of the Sproule family in early March 2020, when they traveled from their home in the Chicago suburbs to Sarah Sproule’s hometown, Wantagh, New York, to atte
Nerd Wallet
OCTOBER 1, 2021
You’re an important asset for your company. As such, your employer may offer to share ownership with you by way of incentive stock options. But before you can benefit from your incentive stock options, you’ll first have to get to know your options. What are incentive stock options? Incentive stock options are granted only to. Tiffany Lam-Balfour writes for NerdWallet.
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On Guard
OCTOBER 1, 2021
How to ensure customer retention and satisfaction and optimum cash flow within the automotive sector. “Battle over data splits motor sector,” was the headline from BNR last week. It was revealed the local garages and car manufacturers are engaged in a fierce battle over the data that cars contain. The question as to who owns that data is widely posed within the sector.
Nerd Wallet
OCTOBER 1, 2021
If there was any doubt that the rapidly expanding buy now, pay later industry is here to stay, new developments have put that question to bed. In recent months, the country’s two largest retailers have announced or formalized partnerships with popular buy now, pay later providers, making these payment plans virtually unavoidable for most shoppers. Jackie Veling writes for NerdWallet.
Troutman Sanders
OCTOBER 1, 2021
In Tolliver v. Nat’l Credit Sys., Inc. , No. 20-cv-728-jdp (W.D. Wis. Sep. 22, 2021) , the Western District of Wisconsin found that the plaintiff lacked standing to assert his claims for violation of the Fair Debt Collections Practices Act (FDCPA), in which he alleged that a debt collector had failed to inform the consumer reporting agencies (CRAs) that the plaintiff disputed the debts at issue.
Nerd Wallet
OCTOBER 1, 2021
Arizona state income tax rates are 2.59%, 3.34%, 4.17% and 4.50%. Arizona state income tax brackets and income tax rates depend on taxable income, tax-filing status and residency status. Arizona state income tax rates and tax brackets Single or married filing separately Tax rateTaxable income bracketTax owed 2.59%$0 to $27,272.2.59% of taxable income. 3.34%$27,273 to.
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?
Roths Child Law
OCTOBER 1, 2021
When hard times hit, declaring bankruptcy may be the most sensible thing to do. Essentially, bankruptcy is a legal process that is designed to provide debt relief for individuals or businesses that are unable to pay their bills. Bankruptcy is meant to help honest people who find themselves in difficult debt situations. . However, some debts cannot be wiped out by bankruptcy.
Nerd Wallet
OCTOBER 1, 2021
There are several situations when you might want to cancel a confirmed flight on Delta Air Lines. A new job, an addition to the family, an injury or a health emergency can end travel plans in a moment. Over the last year, many U.S. airlines, including Delta, implemented flyer-friendly policies that help travelers cancel most flights. Anya Kartashova writes for NerdWallet.
JMA
OCTOBER 1, 2021
When you own a business, it’s an unfortunate reality that you may have customers who have difficulty paying for your goods or services on time. This can have a huge impact on the success of your business, affecting your cash flow and can lead to you spending time chasing up outstanding invoices instead of being. Read more » The post How to Manage Good Customers and Overdue Invoices appeared first on JMA Credit Control.
Nerd Wallet
OCTOBER 1, 2021
Travelers who stick to a preferred airline can get access to special benefits and a more convenient experience at the airport and in the sky. But with so many domestic airlines vying for your loyalty, it can be difficult to know which carrier to choose. According to the Bureau of Transportation Statistics, Southwest Airlines is. Jennifer Calonia writes for NerdWallet.
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Nerd Wallet
OCTOBER 1, 2021
Wells Fargo has introduced a credit card that offers new cardholders a truly impressive interest-free period: potentially nearly two years. The card is a possible financing tool for holiday shoppers whose spending may outstrip their ability to pay right away. The Wells Fargo Reflect? Card, which began taking applications Oct. 1, 2021, has an annual.
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