Tue.Jan 12, 2021

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Plaza Services Supports Voices for Georgia’s Children This Holiday Season

Account Recovery

Plaza Services, LLC gives back to our local community this holiday season with a donation to Voices for Georgia’s Children, a nonprofit organization that helps to improve the well-being of children through support and advocacy efforts. Voices for Georgia’s Children (also known as Voices) is a nonprofit child policy and advocacy organization that envisions a … The post Plaza Services Supports Voices for Georgia’s Children This Holiday Season appeared first on AccountsRecovery.ne

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Bankruptcy and Tax Refund Strategies

Sawin & Shea

As tax time approaches, it’s the perfect time to think about how you can make good financial decisions. For someone who’s pursuing Chapter 7 bankruptcy , this is especially important. Chapter 7 bankruptcies are liquidation bankruptcies, meaning non-exempt assets can be liquidated to pay your creditors back something. One of the most common assets that bankruptcy trustees seize is your tax refund.

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Daily Digest – January 12. How to Eliminate 100% of Postage Costs; Judge Grants MTD in FCRA Case

Account Recovery

BEDARD: HOW THE DEBT COLLECTION RULE ‘PAVES THE WAY’ TO ELIMINATE ALMOST 100% OF POSTAGE COSTS One of the greatest concerns that debt collectors have when it comes to sending emails is the risk of a third-party disclosure violation of the Fair Debt Collection Practices Act. In this episode of “You Wanted a Rule, You … The post Daily Digest – January 12.

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4 Practical Ways to Leave College Debt-Free

Credit Corp

The following is a guest post by Lisa Bigelow, a content writer for Bold. When it comes to paying for college, the anxiety about how to leave college debt-free starts early. And for thousands of grads who are buckling under the weight of monthly student loan payments that can cost as much as a mortgage, that worry can last for as long as 25 years. According to EducationData.org and The College Board, the cost of a private school undergraduate education can exceed $200,000 over four years.

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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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Bedard: How the Debt Collection Rule ‘Paves The Way’ To Eliminate Almost 100% of Postage Costs

Account Recovery

One of the greatest concerns that debt collectors have when it comes to sending emails is the risk of a third-party disclosure violation of the Fair Debt Collection Practices Act. For example, there are people who share email accounts and if a collector sends an email to that address and the wrong person sees it, … The post Bedard: How the Debt Collection Rule ‘Paves The Way’ To Eliminate Almost 100% of Postage Costs appeared first on AccountsRecovery.net.

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CFPB Opens Application Window to Join Advisory Committees

Account Recovery

Be part of the solution, not the problem, the old saying goes. The Consumer Financial Protection Bureau is giving participants in the debt collection industry the opportunity to be part of the solution, but only if they are willing to do the work required to participate. The CFPB announced yesterday that it is accepting applications … The post CFPB Opens Application Window to Join Advisory Committees appeared first on AccountsRecovery.net.

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Hoping for Student Loan Forgiveness Won’t Pay the Bills

Nerd Wallet

Federal student loan borrowers are waiting with bated breath to see whether loan forgiveness — which President-elect Joe Biden says he’ll make a priority — becomes a reality. Industry experts say borrowers shouldn’t count on it. “I think we’re closer to loan forgiveness than we’ve ever been before, but that doesn’t mean I think we’re. Anna Helhoski writes for NerdWallet.

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Judge Grants MTD in FCRA Case Over Ownership of Debt

Account Recovery

A District Court judge in Illinois has granted a defendant’s motion to dismiss after it was sued for violating the Fair Credit Reporting Act because it allegedly did not conduct a reasonable investigation into a dispute, among other claims. A copy of the ruling in the case of Harris v. Equifax Information Service, LLC can … The post Judge Grants MTD in FCRA Case Over Ownership of Debt appeared first on AccountsRecovery.net.

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Priority Pass SFO: Your Lounge and Restaurant Options at San Francisco’s Airport

Nerd Wallet

Priority Pass is an airport lounge program that allows members access to more than 1,300 airport lounges and restaurants worldwide. Four of those Priority Pass locations are at San Francisco International Airport. Of those four Priority Pass “lounges,” two aren’t lounges at all; they’re restaurants. In lieu of a lounge, both restaurants offer you and.

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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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8 ARM Industry Expert Predictions: Regulations, Consumer Preferences, and Electronic Communications

PDC Flow

2020 has been an unusual year for the accounts receivable management industry (to say the least). Agencies across the country found themselves making the shift to remote workers , trying to keep up with state-by-state collection restrictions and dealing with other logistical issues caused by running a business during a pandemic. . But the year also saw numerous pieces of legislation, (CFPB’s Regulation F to California debt collection licensing and more) that will impact how collections will oper

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Understanding the Parts of a Check

Nerd Wallet

Though checks are being used less frequently in the digital age of payment apps and automated bill pay, they can still be a handy method of making official payments or sending money through the mail. You can also use them to look up information like your bank routing number and check account number, which you’ll. Chanelle Bessette writes for NerdWallet.

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District Court Finds Calls to Cell Phones Do not Violate the TCPA’s Prohibition Against Telephone Solicitations to Residential Telephone Subscribers

Troutman Sanders

In an Order issued December 16, 2020, the Eastern District of Texas adopted the Report and Recommendation of United States Magistrate Judge Kimberly C. Priest Johnson finding that calls placed to a cellular telephone do not qualify as calls to a residential telephone subscriber for purposes of § 227(c) of the Telephone Consumer Protection Act (“TCPA”).

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How to Make Debt Less Costly When You Need It in a Crisis

Nerd Wallet

The coronavirus pandemic that upended the U.S. economy has resulted in widespread job and income losses and added to the debt load for millions of Americans. More than 2 in 5 U.S. adults (42%) report that their household financial situation has worsened since the pandemic’s onset, according to NerdWallet’s annual household debt study, while just. Erin El Issa writes for 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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Hunter Faulkner Joins Jimerson Birr as Partner Expanding Firm’s Real Estate Service Capabilities

Jimerson Firm

Jimerson Birr is pleased to announce that Ponte Vedra-based real estate attorney Hunter Faulkner joined the firm as partner effective January 11, 2021 further expanding the capabilities of its Real Estate Development, Sales and Leasing Industry Team. Faulkner focuses on representing buyers and sellers in contract negotiations for the acquisition, sale and finance of both residential and commercial real estate throughout Northeast Florida.

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Ask a Points Nerd: Should I Book Award Travel for 2021?

Nerd Wallet

There’s finally light at the end of the … tunnel? Year? Air cabin aisle, indicating an emergency exit? Although the Centers for Disease Control and Prevention, or CDC, and other experts are strongly discouraging travel throughout the winter, the vaccine rollout has many once-frequent travelers wondering if it’s time to dust off those travel credit. Sam Kemmis writes for NerdWallet.

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Why Are Major Businesses Leaving California?

Direct Recovery

As if 2020 didn’t bring enough drama to the state of California, one of the new trends that emerged at the end of the year was a sudden departure of a number of major businesses looking for greener pastures in other states. During the last quarter of 2020, we learned that Hewlett Packard and Oracle are going to be joining Tesla and SpaceX in fleeing the state of California and expanding into brand new facilities in the state of Texas.

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How to Decide If Loyalty to a Hotel or Airline Is Worth It in 2021

Nerd Wallet

After months of crunching and recrunching data as the pandemic upended travel, NerdWallet has released its best travel rewards rankings for 2021. And, although travel in 2021 will be different from the year before, it is unlikely to be “normal” by any stretch. You may be considering whether to start — or continue — pursuing. Sam Kemmis writes for 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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Preparing for the New Year: Ways to Set Up your Revenue Cycle for Success in 2021

Credit Management Company

Coronavirus (COVID-19) is back with a vengeance (even though it never really left), and 2020 has finally come to an end. With the changing weather and social implications of the holidays, Covid is once again surging, and as always, a new year presents new financial challenges. So, how can you brace your revenue cycle in preparation for the new year, and another potential COVID surge?

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Fostering equality in borrowing

Public Citizen

That's addressed by law prof Abbye Atkinson in her article Borrowing Equality.  Here is the abstract: For the last fifty years, Congress has valorized the act of borrowing money as a catalyst for equality, embracing the proposition that equality can be bought with a loan. In a series of bedrock statutes aimed at democratizing access to loans and purchase money for marginalized groups, Congress has evinced a “borrowing-as-equality” policy that has largely focused on the capacity of “cre

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Next to Nothing: How to Tamp Down Your Accounts Receivable

NCBA Law Practice Management Blog

The reason your accounts receivable are high, is the same reason every other process in your law firm is relatively untamed: because you don’t apply systems to managing your business. Everything in your law firm should be systematized. But, let’s walk before we run, and get a basic system in place for managing your accounts receivable. Collect on those stale invoices first, work on everything else after.