Fri.Feb 17, 2023

article thumbnail

How to Deal with Clients Who Don't Pay

Enterprise Recovery

When you agree to do business with another company, the expectation is that you'll provide goods or services, and they'll pay in a timely manner. Providing the goods or services costs your company in overhead, salaries, expenses, and more. So what happens if your client doesn't pay on time or at all? Is there anything you can do to get paid or prevent late payments?

article thumbnail

Class Action Accuses Collector of Overshadowing After Sending Multiple MVNs

Account Recovery

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call … The post Class Action Accuses Collector of Overshadowing After Sending Multiple MVNs first appeared on AccountsRecovery.net.

130
130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Ultimate Guide to Small-Business Marketing

Nerd Wallet

Lisa Anthony writes for NerdWallet. Email: lanthony@nerdwallet.com. The article The Ultimate Guide to Small-Business Marketing originally appeared on NerdWallet.

76
article thumbnail

Judge Grants MSJ For Defendant in FCRA, FDCPA Class Action Over Reporting of Settled Debt

Account Recovery

A District Court judge in New Jersey has granted a defendant’s motion for summary judgment in a Fair Credit Reporting Act and Fair Debt Collection Practices Act class-action case, ruling the plaintiff lacked standing to sue after having a settled debt reported to the credit bureaus as “owed in full, less the amount received for … The post Judge Grants MSJ For Defendant in FCRA, FDCPA Class Action Over Reporting of Settled Debt first appeared on AccountsRecovery.net.

article thumbnail

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.

article thumbnail

Fairmont Chateau Lake Louise Hotel Guide

Nerd Wallet

Josh Garber writes for NerdWallet. Email: travel@nerdwallet.com. The article Fairmont Chateau Lake Louise Hotel Guide originally appeared on NerdWallet.

76

More Trending

article thumbnail

What Is Ordinance or Law Coverage for Homeowners?

Nerd Wallet

Sarah Schlichter writes for NerdWallet. Email: sschlichter@nerdwallet.com. The article What Is Ordinance or Law Coverage for Homeowners? originally appeared on NerdWallet.

67
article thumbnail

Delinquency Rates Keep Rising, Even Though Placement Levels Continue Falling

Account Recovery

The amount of outstanding debt hit $16.9 trillion at the end of 2022, with the amount of unpaid credit card debt surpassing levels set before the start of the COVID-19 pandemic, and while the volume of consumers who had debts placed with third-party collection agencies reached a new low and the average collection amount ticked … The post Delinquency Rates Keep Rising, Even Though Placement Levels Continue Falling first appeared on AccountsRecovery.net.

article thumbnail

NerdWallet’s 2021 Holiday Travel Report

Nerd Wallet

Erin El Issa writes for NerdWallet. Email: erin@nerdwallet.com. The article NerdWallet’s 2021 Holiday Travel Report originally appeared on NerdWallet.

70
article thumbnail

Daily Digest – February 17. Class Action Accuses Collector of Sending Multiple MVNs; Healthcare Co. to Pay $2.5M in Settlement with Mass. AG

Account Recovery

CLASS ACTION ACCUSES COLLECTOR OF OVERSHADOWING AFTER SENDING MULTIPLE MVNS A class-action complaint has been filed against a pair of defendants — a collection agency and a debt buyer — for allegedly violating the Fair Debt Collection Practices Act by sending two model validation notices for what appears to be the same debt on consecutive … The post Daily Digest – February 17.

article thumbnail

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.

article thumbnail

How Much Does a Disney Cruise Cost?

Nerd Wallet

Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com. The article How Much Does a Disney Cruise Cost? originally appeared on NerdWallet.

68
article thumbnail

Is Trade Credit Insurance protection a friend or foe?

CICM

What is Trade Credit Insurance Protection? Trade Credit Insurance is a policy and a risk management product for business entities to protect their accounts receivable from loss. Is Trade Credit Insurance Protection a friend or foe? That’s the question that the Chartered Institute of Credit Management East of England Branch asked themselves when Andy Moylan FCICM, the Chief Executive Officer of EFCIS gave our virtual, sizeable audience an insightful and informative overview of Trade Credit

Trade 59
article thumbnail

Unpaid Medical Fees sees Irish Hospital turn to Debt Collection Agency for help

UK debt collections

University Hospital Kerry is owed over half a million euros (€500,000) in unpaid medical fees it has been reported. The fees still due from patients for medical treatments given last year. A spokesperson for University Hospital Kerry (UHK) told local station Radio Kerry, that they have turned to a Debt Collection agency to help secure the payments owed for unpaid medical fees.

article thumbnail

How Often Can I File Bankruptcy?

Debt Free Colorado

Filing Bankruptcy for A Fresh Start in Colorado Whether you’ve lost your job or experienced insurmountable medical expenses on your credit card, or incessant calls from your creditors, you can get a fresh start by declaring bankruptcy. It is a stressful process, but if you have exhausted other means of resolving the debt you owe, such as credit counseling, filing for bankruptcy exemption may be the only solution left.

article thumbnail

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?

article thumbnail

Established Business Relationship Defense Dooms Class Allegations

TCPA

The Northern District of Illinois recently granted a TCPA defendant’s motion to strike class action allegations, reasoning that individual questions of consent and the availability of the established business relationship (“EBR”) defense made the claims unsuitable for class treatment.

52
article thumbnail

2022 Year in Review and Look Ahead Crossover With The Consumer Finance Podcast

Troutman Sanders

Please join Consumer Financial Services Partner Dave Gettings in this inaugural crossover episode with Partner Chris Willis of The Consumer Finance Podcast in welcoming their guests and fellow Partners Cindy Hanson and David Anthony. Dave, Chris, Cindy, and David unite to discuss the 2022 year in review of the Fair Credit Reporting Act and a look ahead for the next year.

article thumbnail

A Digital Transformation Journey: The Humble Wallet

Fico Collections

Home Blog FICO A Digital Transformation Journey: The Humble Wallet Digital transformation cuts across the entire enterprise, but it’s also hitting closer to home as the humble wallet undergoes a transformation too by TJ Horan Vice President, Product Management expand_less Back To Top Fri, 02/17/2023 - 11:15 With digital transformation unfolding in front of us, banks are managing a lot.

Banks 52
article thumbnail

The CFPB and New York Attorney General’s Office Levy New Attack On Subprime Indirect Auto Financing in Complaint Filed Against Credit Acceptance Corporation

Burr Forman

On January 4, 2023, the Consumer Financial Protection Bureau (CFPB) and New York Attorney General (“NYAG”) (collectively, the “Plaintiffs”) filed a complaint in the Southern District of New York against Credit Acceptance Corporation, one of the largest subprime indirect auto financing companies in the country, for alleged misconduct in the origination and servicing of its auto retail installment contracts.

Retail 40
article thumbnail

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.

article thumbnail

Get Promoted Without Leaving Your Company

NACM

? Hardworking employees naturally seek promotions and raises as a reward for their contributions. But sometimes it can be challenging to make large career jumps at the same organization.? Hear tips from Eve Sahnow, CCE; JoAnn Malz; and Jason L. Mott, CCE on today's episode of NACM's Extra Credit podcast!

5