Thu.Feb 06, 2025

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Debt Buyer Files Motion for Sanctions in FCRA Case, Accuses Plaintiff of Doctoring Bank Statements

Account Recovery

A defendant in a Fair Credit Reporting Act case has filed a motion for sanctions against the plaintiff, accusing her of doctoring bank statements to make it appear that she did not receive the funds or make payments on the debt in question, attempting to prove her claim that she was the victim of identity theft. The background: The plaintiff filed the lawsuit in the District Court for the Northern District of Florida last April.

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ISC Finance Challenges: How to Navigate Them in a Complex Landscape

Qualco

Islamic Supply Chain Finance (ISCF) is not just a financial modelits a values-driven approach that addresses key Islamic Supply Chain Finance challenges while prioritising fairness, transparency, and sustainability. With the global ISCF market projected to reach $6.67 trillion by 2027 , businesses worldwide are increasingly adopting this transformative system to align with ethical principles and operational efficiency.

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Indiana Senate Committee Considers Bill to Reform Medical Debt Collection

Account Recovery

A Senate committee in the Indiana legislature held a hearing yesterday to discuss a bipartisan bill related to how medical debts are collected in the Hoosier State, and a vote on the bill could come as soon as next week, according to its sponsor. Driving the news: Senate Bill 317, introduced by Sen. Fady Qaddoura, a Democrat, and co-sponsored by two Republicans, Sen.

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U.S. Department of Education Cancels Additional $350 Million in Woke Spending

Collection Industry News

Today, the U.S. Department of Education cancelled over $350 million in contracts and grants to several Regional Educational Laboratories and Equity Assistance Centers. The Department terminated 10 contracts totaling $336 million with the Regional Educational Laboratories, the purpose of which are supposed to support applied research, development, and technical assistance activities; however, review of the contracts uncovered wasteful and ideologically driven spending not in the interest of stude

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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Daily Digest – February 6. Getting to Know Bridget Thede of Simplicated; Debt Buyer Files Motion for Sanctions in FCRA Case, Accuses Plaintiff of Doctoring Bank Statements

Account Recovery

Getting to Know Bridget Thede of Simplicated Debt Buyer Files Motion for Sanctions in FCRA Case, Accuses Plaintiff of Doctoring Bank Statements Indiana Senate Committee Considers Bill to Reform Medical Debt Collection FCC Proposes $4.5M Fine Against Telecom for Enabling Robocalls to FCC Staffers Provana Acquires Palinode, Further Strengthening Dispute Solutions for Financial Institutions WORTH NOTING: A lot of people are feeling very upset these days.

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Getting to Know Bridget Thede of Simplicated

Account Recovery

I am thrilled to announce that the Getting to Know series will be sponsored by TEC Services Group in 2024. TEC Services Group is the leading technology and professional services firm in the credit collections industry offering both leading industry solutions along with unrivaled, unbiased, and experienced support. TEC is now extending its services by offering proven, industry-leading technology solutions alongside of our Professional Services to help Clients feel confident in their technology de

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FCC Proposes $4.5M Fine Against Telecom for Enabling Robocalls to FCC Staffers

Account Recovery

Note to self … if you are going to try to scam individuals by pretending to be someone from the Federal Communications Commission, don’t call people who work at the Federal Communications Commission. The FCC has proposed a $4.5 million fine against Telnyx LLC for its role in enabling scam robocalls. The calls, which targeted both FCC employees and their family members, lasted one day in February 2024.

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