Account Recovery

SEPTEMBER 30, 2020

The Attorney General of Indiana yesterday announced he had filed a lawsuit against a collection agency, accusing it of engaging in deceptive and abusive collection practices and operating without a proper license. The lawsuit, filed against New Britain Financial and its founder, Nelson Macwan, was announced as part of Operation Corrupt Collector, a joint state … The post Indiana AG Files Suit Against Scammer appeared first on AccountsRecovery.net.

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Collection Agencies Collections Agency Collections 246

American Profit Recovery

SEPTEMBER 30, 2020

We are going to make a bold assumption. That you have customers that have not paid you yet. They are either late in paying you, or they have not paid you at all. Whether it was an oversight, a dispute in your product or service, or maybe that customer has just struggled financially and they have decided not to pay your business. There are so many reasons why a customer or client has not paid you yet and it’s a tough situation to be in when you’re trying to improve your cash flow.

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Collection Agencies Collections Agency Collections Debt collector 241

Account Recovery

SEPTEMBER 30, 2020

FTC ANNOUNCES NEW CRACKDOWN ON ABUSIVE COLLECTION PRACTICES The Federal Trade Commission yesterday announced the launch of Operation Corrupt Collector, a “crackdown” on collection operations that engage in abusive or harassing practices while also attempting to collect on debts that do not exist. STATE AGS FILE SUITS AGAINST ALLEGED SCAMMERS The Attorney General of Indiana … The post Daily Digest – September 30.

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Collections Trade 246

Credit Corp

SEPTEMBER 30, 2020

Are you ready to buy a home? You’re not alone—in 2019, more than five million people bought an existing home. And that doesn’t even include the number of people who purchased new construction. The point is, the housing market is always bustling and busy. And if it’s your first time buying a home, it might seem a bit daunting. You might have a couple of questions—how much money do you need to buy a home?

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Lender Loans Government Construction 106

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

SEPTEMBER 30, 2020

A District Court judge in North Carolina has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act, ruling that it can not be held liable if someone else with the same name, living at the same address, opened a summons and complaint that was addressed … The post Judge Grants MTD in FDCPA Case Over Third Party With Same Name Opening Summons appeared first on AccountsRecovery.net.

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Fair Debt Collection Collections 195

Account Recovery

SEPTEMBER 30, 2020

The Federal Trade Commission yesterday announced the launch of Operation Corrupt Collector, a “crackdown” on collection operations that engage in abusive or harassing practices while also attempting to collect on debts that do not exist. More than 50 state and federal law enforcement partners are participating with the FTC on the initiative.

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Trade Collections 189

Debt Recoveries

SEPTEMBER 30, 2020

Hey, Adam Stewart here. I know debt collection can be an uncomfortable process, even for large businesses. These tips are designed to help you understand the options you have for debt collection, before you go down the legal path. It all starts with your account handling processes. Whether you are following up accounts, accurate and detailed records will help you quickly identify and deal with delinquent accounts.

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Debt settlement Debt Recovery Debtor Lawyers 98

Account Recovery

SEPTEMBER 30, 2020

The Attorney General of Ohio has announced the filing of a lawsuit against a collection agency, accusing it of attempting to collect on debts that have been discharged in bankruptcy or those that do not exist at all, and doing so by making threats and contacting family members and co-workers of the individuals from whom … The post Ohio AG Launches Suit Against Alleged Scammer appeared first on AccountsRecovery.net.

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Collection Agencies Collections Agency Bankruptcy Collections 147

Nerd Wallet

SEPTEMBER 30, 2020

Even a parked car is a source of stress. Like when you run outside in your pajamas at the sound of the street sweeper coming. Cars left unattended for days might become a target for theft or vandals. They still need routine maintenance, the occasional car wash and a drive every few weeks to circulate. Philip Reed is a writer at NerdWallet. Email: articles@nerdwallet.com.

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Loans 77

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Collections

Account Recovery

SEPTEMBER 30, 2020

The Attorney General of Arizona has launched a lawsuit against a collection operation that allegedly impersonated law enforcement officials and using intimidation tactics to try and collect non-existent debts. The lawsuit, filed against Mark Anthony Smith and DeborahAnn Butler, who were doing business as CMS Financial Group, John Lee Group & Associates, and TD Financial … The post Arizona AG Files Suit Against Alleged Scammers appeared first on AccountsRecovery.net.

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Collections 147

Nerd Wallet

SEPTEMBER 30, 2020

NerdWallet has long recommended putting most purchases on credit cards. Used wisely, credit cards can offer lucrative rewards, allow you to finance a purchase without interest and provide valuable consumer protections. If you spend within your means and you pay your balance in full every month, using credit cards for purchases is usually better than paying.

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Account Recovery

SEPTEMBER 30, 2020

The Federal Communications Commission yesterday announced the adoption of a number of new rules aimed at getting voice service providers to have STIR/SHAKEN protocols ready by the agency’s deadline of June 30, 2021, while also prohibiting those providers from adding line-item charges to customers’ bills for the caller ID technology. Carriers were originally supposed to … The post FCC Adopts Rules To Combat Call Spoofing appeared first on AccountsRecovery.net.

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Nerd Wallet

SEPTEMBER 30, 2020

Whether you don’t have enough TrueBlue points to cover the cost of your full itinerary, or you’d rather pay some in cash to save your points for a future trip, JetBlue’s Cash + Points redemption option is tantalizing for travelers looking for flexibility in booking. As of summer 2020, JetBlue Airways allows customers to book. Sally French is a writer at NerdWallet.

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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

Consumer Finance

SEPTEMBER 30, 2020

Research examining changes to terms and cost of a mortgage loan during the origination process also released.

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Loans 72

Nerd Wallet

SEPTEMBER 30, 2020

The Citi Prestige® Card is a premium travel rewards card loaded with benefits. While it does come with a high annual fee of $495, it’s a good option for frequent travelers. If you’re thinking of applying for the Citi Prestige® Card, here’s what you’ll need to do to get the most out of it. Boost. Natasha Gabrielle is a writer at NerdWallet. Email: travel@nerdwallet.com.

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Better Credit Blog

SEPTEMBER 30, 2020

If you forget to pay a bill, the original creditor may move the debt to collections. This means that you may start to get phone calls from a debt collector like AAA Collections, harassing you to repay the debt. If you start getting calls from AAA Collections, it means that they have opened a collections account on your credit report. This entry will notify the credit reporting agencies of your delinquency and tell future lenders and creditors that you have a history of nonpayment.

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Collections Debt collector Fair Debt Collection Lender 52

Fraser

SEPTEMBER 30, 2020

The recent surge in the coronavirus pandemic across the country has reminded all of us that a return to “normal” is far from imminent. The public health and economic crises caused by the pandemic have had many secondary effects, one of which is that we have all been reminded of our own mortality. For many people, this has sparked a renewed and urgent interest in estate planning, including creating, updating and/or finalizing estate planning documents.

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Healthcare Education Loans 52

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Collections

Better Credit Blog

SEPTEMBER 30, 2020

If you’ve noticed an entry from AFS Acceptance show up on your credit report, you are likely being pursued for an unsettled debt. AFS Acceptance is a debt collection company that pursues people for payments on outstanding debts. They are annoying to deal with, but their incessant calls are the least of your worries. The presence of a collection account on your credit report can impact your credit score for up to seven years, even after you have paid off the debt.

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Debt collector Collections Original Creditor Collection Agencies 52

Nerd Wallet

SEPTEMBER 30, 2020

If you’re a frequent or business-class traveler on Aer Lingus, it’s definitely worth considering the Aer Lingus Visa Signature® Card, which offers excellent opportunities to accumulate valuable Avios points. Also, the added benefits make it easy to offset the $95 annual fee. If you’re looking to apply, you’ll want to consider all the perks offered. Christie Olsen is a writer at NerdWallet.

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Troutman Sanders

SEPTEMBER 30, 2020

We are pleased to announce that Troutman Pepper attorney, John Lynch, will be presenting during the virtual MBA LIVE – Regulatory Compliance Conference 2020. John will be speaking on the FCRA Litigation Forum on November 9, 2020 from 2:00 – 2:25pm ET. This conference addresses up-to-the-minute regulatory changes and developments that impact how mortgage companies do business, including practical advice you can put in place now, especially in light of the pandemic.

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JMA

SEPTEMBER 30, 2020

It’s been a common issue nowadays for business owners: more and more clients refuse to pay for services or goods for one reason or another. While it is a customer’s right to question and refuse payment when they are dissatisfied with a product or service, as long as you are not in the wrong then. Read more » The post Client Refuses to Pay? Here’s What You Should Do appeared first on JMA Credit Control.

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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.

Debt Collection Answers

SEPTEMBER 30, 2020

The FTC is cracking down on what it calls the "worst debt collection tactics" in Operation Corrupt Collector. It has announced two new settlements and actions against: National Landmark Logistics, LLC. Filed in federal court in South Carolina, the complaint alleges that National Landmark Logistics, four related companies, and three individuals took in more than $12 million through illegal debt collection practices – including pressuring consumers to pay debts they didn’t actually owe or that the

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Collection Agencies Collections Agency Collections Financial services 40

Burr Forman

SEPTEMBER 30, 2020

Atlanta Partner Erin Hewitt has been recognized as an “agent of change” in the American Lawyer Media publication of Georgia Trailblazers for 2020. Those recognized on the list have made significant contributions within their practice and have taken extra measures to contribute to positive outcomes in such a trying year. This spring, Erin was able to close 11 real estate transactions totaling $400 million – all in the midst of extreme uncertainty during the pandemic.

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Unsecured Debt Acquisition Debt Financing Lawyers 40

On Guard

SEPTEMBER 30, 2020

The post UK | GLOBAL BANKING & FINANCE REVIEW appeared first on Onguard.

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Banks 52

Fico Collections

SEPTEMBER 30, 2020

Could Open Communications revolutionise our relationships with our Communications and Pay TV providers (CSPs)? The data portability initiative has the vision of people sharing data with third parties about their use of telecoms services, that results in value for all. Might our mindset collectively begin to move away from long-term service contracts to short-term agreements that adapt automatically based on behaviour, usage patterns, location and a range of other factors?

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Manufacturing Banks Collections 52

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Credit Unions