Wed.Jun 08, 2022

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Judge Denies Plaintiff’s Motion for Reconsideration in FDCPA Case

Account Recovery

A District Court judge in Indiana has denied a plaintiff’s motion for reconsideration after partially granting a defendant’s motion for summary judgment, ruling that the Court did not make an error by misinterpreting Section 1692e(8) of the Fair Debt Collection Practices Act. A copy of the ruling in the case of Johnson v. Waypoint Resource … The post Judge Denies Plaintiff’s Motion for Reconsideration in FDCPA Case appeared first on AccountsRecovery.net.

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CFPB Seeks Ban Against Operator of Student Loan Debt Relief Scam Reboot

Consumer Finance

Today the Consumer Financial Protection Bureau (CFPB) took action against the owner of a student-loan debt relief company for allegedly withdrawing hundreds of thousands of dollars from student borrowers’ bank accounts, without authorization. The CFPB alleges that Frank Gebase, Jr. controlled a company that took the borrowers’ money after obtaining their names and account information from a previous student-loan debt-relief scammer that the CFPB shut down.

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Daily Digest – June 8. Judge Denies Plaintiff’s Motion for Reconsideration in FDCPA Case; Report Ranks States According to Medical Debt Collection Laws

Account Recovery

JUDGE DENIES PLAINTIFF’S MOTION FOR RECONSIDERATION IN FDCPA CASE A District Court judge in Indiana has denied a plaintiff’s motion for reconsideration after partially granting a defendant’s motion for summary judgment, ruling that the Court did not make an error by misinterpreting Section 1692e(8) of the Fair Debt Collection Practices Act. REPORT RANKS STATES ACCORDING … The post Daily Digest – June 8.

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How a Legal Aid Attorney Got Student Loan Forgiveness

Nerd Wallet

For Kristi Cruz, a legal aid attorney in Seattle, checking her federal student aid account to see if her debt would be discharged through the Public Service Loan Forgiveness program became a compulsion. Every day she logged in, hoping to see her balance fall to $0, to no avail. She described it as a drain. Anna Helhoski writes for NerdWallet. Email: anna@nerdwallet.com.

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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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Report Ranks States According to Medical Debt Collection Laws

Account Recovery

A report has been released ranking each of the 50 states according to how they protect consumers related to medical debts, assigning only three a score of “good” while assigning 20 a score of “poor.” The report was cited yesterday during a hearing discussing a proposed bill in North Carolina, which would move the state … The post Report Ranks States According to Medical Debt Collection Laws appeared first on AccountsRecovery.net.

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Apple Unveils BNPL Service

Account Recovery

Apple is hosting its Worldwide Developers Conference (WWDC) this week and for fanboys like me, the event is an opportunity to see new hardware and software that the tech giant is planning to release. But this year, Apple announced during its keynote address on Monday, that it is expanding its presence in the financial services … The post Apple Unveils BNPL Service appeared first on AccountsRecovery.net.

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Is a Small-Business Loan Secured or Unsecured?

Nerd Wallet

A small-business loan can be secured or unsecured — depending on the loan type and individual lender you’re working with. Some lenders offer secured and unsecured loans, whereas others may only provide one option. Here’s an overview of the differences between secured and unsecured business loans to help you determine which solution is right for. Randa Kriss writes for NerdWallet.

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Looking for a Job? Here are 27 Opportunities in the ARM Industry

Account Recovery

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant … The post Looking for a Job?

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How to Buy Facebook Stock (FB)

Nerd Wallet

Facebook is one of the veterans of social media. The company, founded in 2004, made uploading pictures and sharing thoughts online into a thing. Billions of monthly users later, the tech company has seen exponential growth and become a household name in the tech space — so much so that it’s gone from trading. Elizabeth Ayoola writes for NerdWallet.

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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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Toll fine Debt Collection letters are ‘intimidating and misleading’

UK debt collections

Letters being sent by a Debt Collection Agency to drivers who fail to pail Tyne Tunnel fees are “initimidating and misleading” debt charities have warned. The Debt Collection letters advise of potential fines and even criminal convictions. The letters also warn of further debt collection costs, high court orders and even bankruptcy. TT2 which is the Operator of the Tyne Tunnel said the wording in the debt collection letters was “fair and appropriate” and was in line with

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Family Travel Insurance Might Save Your 2022 Trip Budget

Nerd Wallet

Travel disruptions remain top-of-mind for many travelers, especially those with families. Booking that long-deferred vacation only to have it fall apart is a real concern. So insuring a trip against inevitable uncertainties can save families from travel losses — if done right. International travel is roaring back. Per the International Trade Administration, the number of.

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How to Stop Disparaging Reviews from Former Employees Through Aggressive Litigation

Jimerson Firm

Any employer, large or small, may run the risk of dealing with disgruntled ex-employees. One common problem employers face is negative and false reviews about their businesses left by former employees on Glassdoor or similar platforms. The biggest problem for most employers is that these false reviews tend to be posted with no clear way to identify the anonymous reviewer and take legal action.

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Best Hyatt Credit Card Offer

Nerd Wallet

Hyatt has spent the last few years expanding its portfolio of hotels to better compete with the likes of Marriott and Hilton. Along with these developments, Hyatt has launched a small business version of its co-branded credit card. But which Hyatt credit card should you get? And which Hyatt credit card has the higher sign-up. Carissa Rawson 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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Unauthorized Access: An Inside Look at Incident Response

Troutman Sanders

Unauthorized Access provides an interesting, insightful, and entertaining recap of the latest developments in cybersecurity. Each month our hosts, Troutman Pepper attorneys Kamran Salour and Sadia Mirza, will explore updates on industry trends and developments regarding breach notification laws, while also sharing the spotlight with a special industry insider — usually someone from the forensic, insurance, law enforcement, or information security world — to help you keep track of everything tha

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When Your Kid Wants to Buy a Car, Don’t Take a Back Seat

Nerd Wallet

It’s time for your teen to buy a car. You’ll want to set some ground rules. The last thing you want is to put your child into the driver’s seat of the wrong car. The best way to avoid disagreements is to set clear expectations and boundaries with your teen before the car browsing begins. Philip Reed writes for NerdWallet. Email: articles@nerdwallet.com.

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Client Alert: Updated PCORI Fees Payable in 2022

Fraser

In Notice 2022-4 , the Internal Revenue Service set forth the PCORI amount imposed on insured and self-funded health plans for policy and plan years that end on or after October 1, 2021 and before October 1, 2022. Background. The Patient-Centered Outcomes Research Institute (PCORI) fee is used to partially fund the Patient-Centered Outcomes Research Institute which was implemented as part of the Patient Protection and Affordable Care Act.

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The Case for Flying on Low-Demand Days

Nerd Wallet

There are countless theories on how the influx of remote work has changed life as we know it. One of the most beneficial for travelers is the end of the five-day in-office workweek. Whether people are going fully remote or commuting on a hybrid schedule, the extra flexibility gives them the ability to choose cheaper. Meghan Coyle 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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Datagedreven organiseren – de randvoorwaarden

On Guard

Data is het nieuwe goud. Het is de drijfveer achter iedere organisatie, maar voor de financiële wereld is het bijzonder relevant. Maar waar liggen de randvoorwaarden? Om meer inzicht te krijgen in deze sleutel tot succes sprak ik met Fred Conijn, Management Consultant bij DynamicControl.nl tijdens een Visma | Onguard Coffee Conversation. Impact van data in de financiële wereld.

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Building Socioeconomic Resilience: An Interview with Alicia Johnson, Executive Director of Step-Up Savannah

Prosperity Now

Across the country, access to affordable housing continues to be a persistent issue for low- and moderate-income families.

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ICYMI: Latest Episode of Extra Credit

NACM

Greetings from Louisville, KY! Reminder: don't forget to check out episode 10 of NACM's Extra Credit podcast if you have not already: [link] and make sure to keep an eye out for this Friday's episode to hear special coverage from Credit Congress! ??.

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