Account Recovery

OCTOBER 6, 2020

A follow-up report looking at the financial situations of individuals who were sued by a non-profit hospital in Memphis because of unpaid medical debts, only to have those suits voluntarily dismissed and the debts erased after a series of news articles spotlighted what it called “relentless efforts” to collect by the facility, reveals the individuals … The post Report Looks at Impact on Patients When Hospitals Stop Filing Lawsuits appeared first on AccountsRecovery.net.

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Nerd Wallet

OCTOBER 6, 2020

Annuities are financial products that could help provide steady income in retirement. But an annuity can be a complex creature. Here’s an overview of how annuities work, their pros and cons, and how annuities compare with IRAs. What is an annuity? An annuity is a long-term financial contract that can provide you with a stream. Tina Orem is a writer at NerdWallet.

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Account Recovery

OCTOBER 6, 2020

A District Court judge in New York has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act, in a case where the plaintiff attempted to use many of the current crop of greatest hits being claimed by individuals suing collection agencies. A copy of the … The post Judge Grants MTD in FDCPA Case appeared first on AccountsRecovery.net.

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Nerd Wallet

OCTOBER 6, 2020

As many Americans face months on end stuck indoors, some are using their time (and money) to create a change of scenery or upgrade their surroundings. Office equipment purchases are on the rise, and people are tackling more renovation projects than usual. But expensive new stuff and significant home improvements can leave you underinsured. If. Ben Moore is a writer at NerdWallet.

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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

OCTOBER 6, 2020

TrueAccord is looking to open a second headquarters in Lenexa, Kansas, according to a published report, as it looks for more space to meet its current growth rate. The company made an announcement in early 2019 that it was opening an office in Lenexa, saying it planned to staff the headquarters with 150 employees within … The post TrueAccord Looking to Open Second Office in Kansas appeared first on AccountsRecovery.net.

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Account Recovery

OCTOBER 6, 2020

The Consumer Financial Protection Bureau has announced the terms under which a company may seek to terminate a consent order before the original expiration date, as a means of easing the burdens that the orders can place on those companies. Consent orders are agreements or settlements that often impost injunctive relief, such as monetary penalties, … The post CFPB Lays Out Framework For Terminating Consent Orders Early appeared first on AccountsRecovery.net.

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Nerd Wallet

OCTOBER 6, 2020

For many people, “travel” is synonymous with “vacation.” But as more companies allow (and sometimes require) employees to work remotely, travelers can combine work and leisure in the same trip without using up vacation days. Hotels offer many of the necessities for remote work, like Wi-Fi and printing services. But in many ways, an Airbnb. Josh Garber is a writer at NerdWallet.

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Account Recovery

OCTOBER 6, 2020

JUDGE GRANTS MTD IN FDCPA CASE A District Court judge in New York has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act, in a case where the plaintiff attempted to use many of the current crop of greatest hits being claimed by individuals suing … The post Daily Digest – October 6.

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Nerd Wallet

OCTOBER 6, 2020

Getting your first credit card is a huge milestone — and a big adjustment. You might already have a sense of how credit cards work and how to handle a credit card responsibly, but the devil is in the details. Understanding those ins and outs before diving in will save you money and help you build good credit more quickly. Claire Tsosie is a writer at NerdWallet.

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Collections

Burr Forman

OCTOBER 6, 2020

Each municipality and county in South Carolina (a taxing jurisdiction) is authorized to impose a business license tax based on the gross income of a business that operates within its borders. Businesses operating in South Carolina have been faced with registration requirements, filing deadlines, and rate classes that vary on by taxing jurisdiction.

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Collections 52

Nerd Wallet

OCTOBER 6, 2020

The World Of Hyatt Credit Card has great benefits for travelers who enjoy staying with Hyatt, but is it worth the $95 annual fee? Whether you’re looking to earn points, quickly build your Hyatt status or simply make your next vacation a bit more affordable, this sleek silver card could be a great choice. Here’s. Christie Olsen is a writer at NerdWallet.

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Collection Industry News

OCTOBER 6, 2020

Corporate bankruptcies in the U.S. continue to grow amid the coronavirus pandemic as 22 new companies added their names to a growing list of bankruptcies in 2020 in the last two weeks, an S&P Global Market Intelligence analysis shows. A total of 509 companies have gone bankrupt this year as of Oct. 4, exceeding the number of filings during any comparable period since 2010.

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Nerd Wallet

OCTOBER 6, 2020

If you don’t have much of a credit history, or you don’t have any credit at all, there’s no “easy” button to push to qualify for the best credit cards. But it also doesn’t have to be as hard as you may think. Around 1 in 8 Americans (13%) say they don’t have any credit. Erin Hurd is a writer at NerdWallet. Email: ehurd@nerdwallet.com. The article No Credit?

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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

On Guard

OCTOBER 6, 2020

Focus on Customer Success is central within fintech company. Amsterdam, October 6, 2020 – Onguard, the fintech company dedicated to the order-to-cash process, has expanded its management team as of October 1, 2020. Cor Makkinje (53) strengthens the management team as responsible for Professional Services. Debbie Staat (34), Manager Customer Success & Support, is also new to the MT.

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Nerd Wallet

OCTOBER 6, 2020

A credit card allows you to borrow money from a bank to buy things, whether that’s a burger and fries or a round-trip ticket to France. Each month, you get a statement from the credit card company listing your purchases, and that’s when you pay the money back. You can pay all at once, or pay. Robin Saks Frankel is a writer at NerdWallet. Email: articles@nerdwallet.com.

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NCBA Law Practice Management Blog

OCTOBER 6, 2020

Many people have a vision of white color workers sitting in comfortable office spaces. when they’re not golfing. Small business owners cry foul. The fact of the matter is that most small business owners are working all the time: at night, before dawn, on the weekends. Running a business is hard. But, eventually, everybody runs down. Either you give yourself time and space, or your body forces you into it.

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The Kaplan Group

OCTOBER 6, 2020

We’ve talked before about the bad rap debt collectors get in movies and television. A lot of the misconceptions about debt collectors actually come from the behavior of debt buyers. If you are looking for new ways to pursue unpaid invoices, it’s important that you understand the difference between the debt buyers and debt collectors. 1. Debt Buyers Don’t Pay A Lot.

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Collections

Nerd Wallet

OCTOBER 6, 2020

United Van Lines is a full-service moving company specializing in long-distance moves within the U.S. and internationally. It’s owned by UniGroup, which also owns Mayflower Transit, another major moving company that offers similar services. Both companies serve all 50 states and more than 150 countries. Like Mayflower, United Van Lines allows you to customize your.

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Fraser

OCTOBER 6, 2020

Statements to Individuals. The Internal Revenue Service (“IRS”) has extended the deadline for 2020 Information Reporting by employers (and other entities) to individuals under Internal Revenue Code sections 6055 and 6056 by just over a month. However, the deadline for these entities to file with the Internal Revenue Service (IRS) remains the same. IRS Notice 2020-76 extends the due dates for the following 2020 information reporting Forms from January 31, 2021 to March 2, 2021: 2020 Form 1095-C,

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TCPA

OCTOBER 6, 2020

Over the years, one of the biggest challenges many businesses face when assessing TCPA risks posed by a new calling or texting campaign has been determining whether the proposed use case can defensibly rely on one of the exemptions adopted … Continue reading →

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Collection Industry News

OCTOBER 6, 2020

The New York City Department of Consumer and Worker Protection (“DCWP”) (formerly the Department of Consumer Affairs) promulgated new debt collection rules this spring to provide protections to consumers with limited English proficiency. The new rules are intended to address concerns identified by the DCWP in its “Lost in Translation: Findings from Examination of Language Access by Debt Collectors” report that was issued in the fall of last year.

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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.

Micro Bilt

OCTOBER 6, 2020

Running a background check is an important element in the hiring process and is one no business should ignore.

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Collection Industry News

OCTOBER 6, 2020

The enforcement grace period for the New York City Department of Consumer Affairs’ (“DCA”) new debt collection rules, ends today, October 1st. Among the provisions of the new debt collection rules is the requirement for entities engaged in debt collection procedures to include a link to the DCA’s glossary and translations of commonly-used terms in debt validation letters and/or on their public websites, along with a disclosure to consumers that a translation and description of commonly-used debt

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On Guard

OCTOBER 6, 2020

The post NL | EMERCE appeared first on Onguard.

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Collection Industry News

OCTOBER 6, 2020

NEW YORK (WWTI) — The Office of the Attorney General announced Monday that suspension of state debt collection will be renewed for the seventh time. New York Attorney General Letitia James announced on October 5 that New York has renewed the order to halt state medical and student debt collection specifically referred to the OAG. This order will be renewed for an additional 30-day period, through November 3, 2020.

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Credit Unions