Account Recovery

MAY 25, 2022

APPEALS COURT OVERTURNS RULING OVER ‘THIS IS AN ATTEMPT TO COLLECT’ DISCLOSURE IN STATEMENT This is one of those cases where I am going to remind everyone that I am not a lawyer and I could be completely off-base, but as I read this ruling, I thought it offered an interesting lesson that putting the … The post Daily Digest – May 25.

Lawyers 246

Lawyers Collections 246

American Profit Recovery

MAY 25, 2022

There are so many important aspects when it comes to building a thriving organization. There are the obvious parts of a business such as creating a great product or service, pricing and marketing those appropriately, finding your target market and so much more. But building a sustainable company also involves having the right team that can move things forward on a consistent basis.

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Collections Collection Agencies Collections Agency Debt collector 217

Account Recovery

MAY 25, 2022

A complaint has been filed in federal court in California accusing a number of healthcare providers and a collection agency of violating state law as well as the Fair Debt Collection Practices Act by attempting to collect on a debt that was incurred as a result of injuries suffered while the plaintiff was working and … The post Complaint Accuses Creditors, Agency of Attempting to Collect Debts Covered by Worker’s Compensation appeared first on AccountsRecovery.net.

Creditors 246

Creditors Fair Debt Collection Collections Healthcare 246

In the Red

MAY 25, 2022

ABI Panel. Last month I had the honor of speaking on a panel at the American Bankruptcy Institute’s 2022 Annual Spring Meeting in Washington, D.C. The topic of our panel was the Monetization of Intellectual Property in Bankruptcy and Restructuring. I was joined by four distinguished panelists, Leslie Zmugg, General Counsel of Gordon Brothers (who was our moderator); Arthur Daemmrich, the Jerome and Dorothy Lemelson Director at the Lemelson Center for the Study of Invention and Innovation a

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Bankruptcy 130

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.

Account Recovery

MAY 25, 2022

This is one of those cases where I am going to remind everyone that I am not a lawyer and I could be completely off-base, but as I read this ruling, I thought it offered an interesting lesson that putting the mini-Miranda on every communication might not be the best idea. The Court of Appeals … The post Appeals Court Overturns Ruling Over ‘This is an Attempt to Collect’ Disclosure in Statement appeared first on AccountsRecovery.net.

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Collections Lawyers 246

Account Recovery

MAY 25, 2022

The Consumer Financial Protection Bureau yesterday announced it was replacing its Office of Innovation with a new Office of Competition and Innovation that aims to “spur” innovation in the financial services industry by promoting competition and making it easier for “new market entrants.” The Office of Innovation was created back in 2018 under former Acting … The post CFPB Reorganizes and Launches New Office to Promote Competition and Innovation appeared first on Ac

Financial services 246

Financial services 246

In the Red

MAY 25, 2022

ABI Panel. Last month I had the honor of speaking on a panel at the American Bankruptcy Institute’s 2022 Annual Spring Meeting in Washington, D.C. The topic of our panel was the Monetization of Intellectual Property in Bankruptcy and Restructuring. I was joined by four distinguished panelists, Leslie Zmugg, General Counsel of Gordon Brothers (who was our moderator); Arthur Daemmrich, the Jerome and Dorothy Lemelson Director at the Lemelson Center for the Study of Invention and Innovation at the

Bankruptcy 130

Bankruptcy 130

Account Recovery

MAY 25, 2022

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 26 Companies Looking for Collection Talent appeared first on AccountsRecovery.net.

Accounts Receivables Management 237

Accounts Receivables Management Collections 237

Consumer Finance

MAY 25, 2022

Today, the Consumer Financial Protection Bureau (CFPB) confirmed that federal anti-discrimination law requires companies to explain to applicants the specific reasons for denying an application for credit or taking other adverse actions, even if the creditor is relying on credit models using complex algorithms.

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Creditors 126

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

Nerd Wallet

MAY 25, 2022

The Federal Reserve has raised its rate twice in 2022 and has said additional bumps are likely. These changes are designed to wrestle inflation down to manageable levels, but they have ripple effects in other areas of the economy — with mortgage rates and credit card interest rates heading up and the stock market moving. Kurt Woock writes for NerdWallet.

Banks 98

Banks 98

UK debt collections

MAY 25, 2022

Businesses going bust and company insolvencies are at more than double their 2021 levels for the second consecutive month warns a leading Trade body. Alarming figures for April published by the Insolvency Service for England and Wales show a 115 per cent rise on April 2021. The figure for March was a staggering 111 per cent up when compared with March 2021.

Trade 59

Trade Collections Agency Collection Agencies Creditors 59

Nerd Wallet

MAY 25, 2022

Greenlight, a financial technology company offering a banking app and debit card for kids and teens to use with a parent’s oversight, is creating a credit card for parents who want to use earned rewards to invest for the future. Greenlight’s Family Cash Card — issued by First National Bank of Omaha — won’t be. Sara Rathner writes for NerdWallet. Email: srathner@nerdwallet.com.

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Banks 95

Hudson Weir

MAY 25, 2022

If you’re looking for information on limited liability partnerships (LLPs), you’re in the right place. Our team of highly qualified Chartered Accountants and Qualified Insolvency Practitioners are true business experts. When it comes to setting up and running businesses and, naturally, steering them through troubled times, we are well placed to advise on the pros and cons of LLPs.

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Government 52

Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.

Nerd Wallet

MAY 25, 2022

Not all new business owners’ journeys start from nothing — some entrepreneurs buy an existing small business instead. You can finance a business purchase with a loan from a variety of lenders, including traditional banks, online lenders and the Small Business Administration. And if the existing business is already successful, applying for financing could be.

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Lender Loans Banks 91

NCBA Law Practice Management Blog

MAY 25, 2022

It’s always been important for law firms to archive the entire set of communications between attorneys, staff and clients (and leads). And, that’s become easier to do, over time, as technology has advanced. The cloud made it easier to access that data across devices and in different places; it also democratized the buy-in and continuing costs for law firm technology, so more law firms could access it.

Law Firms 52

Law Firms Lawyers Creditors 52

Nerd Wallet

MAY 25, 2022

A commercial construction loan is a kind of business loan that helps your company cover the costs associated with building or renovating structures. You can use these construction business loans to purchase land, buy materials and pay workers. A commercial construction loan can help you keep your balance sheet manageable during a build, since lenders.

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Construction Loans Lender 90

Troutman Sanders

MAY 25, 2022

On April 28, the Joint Chiefs of Global Tax Enforcement (the J5), a global joint operational taxation group consisting of Australia, Canada, Netherlands, United Kingdom, and the United States, issued an intelligence bulletin (Bulletin), enumerating its perceived dangers of non-fungible tokens (NFTs). NFTs, ERC-20, and Fungibility. Cryptocurrencies and NFTs are similar in the sense that the fundamental composition of both tokens is simply encrypted data that lives on the blockchain.

Trade 52

Trade Collections Banks 52

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

Nerd Wallet

MAY 25, 2022

One advantage of using credit cards is the delay when you pay. Your money isn’t immediately transferred to the seller. Part of that lag time is when the charge has been authorized but is still “pending,” meaning the transaction has not yet been finalized or posted. That limbo status means you have a time window, Gregory Karp writes for NerdWallet. Email: gkarp@nerdwallet.com.

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Troutman Sanders

MAY 25, 2022

On May 23, California’s Department of Financial Protection and Innovation (DFPI or Department) sent an email notifying license applicants and prospective license applicants that the issuance of licenses under the Debt Collection Licensing Act is unavoidably delayed at this time. The original deadline for applicants was December 31, 2021; however, that deadline was extended to March 15 in mid-December.

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Debt collector Debtor Collections 52

Nerd Wallet

MAY 25, 2022

For some travelers, all-inclusive hotels conjure up images of flavorless food served under a heat lamp in lush and vibrant destinations where guests never actually leave the resort grounds. Lower-tier liquor flows freely (the good stuff will cost you more), as the few overindulgers put a damper on the trip. That image is changing, as. Sally French writes for NerdWallet.

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Qualco

MAY 25, 2022

L'utilisation de l'outil I&E (Income & Expenditure en anglais, c'est à dire Emplois & Ressources) en matière de restructuration de créances est très répandue dans plusieurs pays européens, mais reste toujours limitée en France. Il est vrai que dans certains pays (Royaume-Uni, Grèce) le cadre réglementaire exige l'utilisation d'un tel outil par les Banques, ou même par tout autre acteur offrant des plans de paiement de créances, telles que les sociétés de recouvrement.

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Collections 52

Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!

Nerd Wallet

MAY 25, 2022

Many airline passengers seek plant-based meal options, whether for ethical or environmental reasons — or to avoid a rubbery, reheated chicken breast. According to a 2020 Gallup poll, 23% of Americans claimed to be cutting back on meat in the past year. So it’s not just dedicated vegetarians and vegans who could be looking for. Sam Kemmis writes for NerdWallet.

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Qualco

MAY 25, 2022

Open Banking has been in the public eye for some time now. Despite the general need for change from the creditor's side, the pandemic played a catalyst role. The increased demand for digitisation acted as an enabler to the Open Banking era. While in its infancy, open banking reached 5 million users in 2022, with a 25% percent increase only from the previous year.

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Banks Collections Creditors 52

Nerd Wallet

MAY 25, 2022

Are you trying to figure out how to spend your hard-earned Citi ThankYou points? Of course, you can always redeem them for gift cards or statement credits, but the best way to use them — by far — is to move them over to one of Citi’s transfer partners. With 16 hotel and airline partners. Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com.

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Public Citizen

MAY 25, 2022

The lending practices of EasyPay Finance and Utah-based Transportation Alliance Bank (TAB Bank) are hurting military servicemembers, veterans, and their families, according to a new report from a coalition of consumer advocacy groups released in advance of Memorial Day. The report is here.

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Banks Loans 40

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?