Wed.Jan 25, 2023

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21 Companies Seeking Collection Talent

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 21 Companies Seeking Collection Talent first appeared on AccountsRecovery.net.

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How can Collection Agencies Maintain a Good Reputation?

Nexa Collect

Business and medical professionals seeking to hire a collection agency always wonder if the agency they hire is ethical or if it may damage their reputation. Here are some valuable tips on how collection agencies can maintain a good reputation online and offline. Following Federal and State laws: A collection agency that violates government laws will get sued or penalized sooner or later.

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Judge Awards $25k in Sanctions Against Collection Law Firm for Attempting to Collect on Discharged Debt

Account Recovery

A bankruptcy court judge in Virginia has ordered a collection law firm to pay $25,000 in attorney’s fees to the plaintiffs for violating the discharge of a judgment through bankruptcy by sending a payoff letter to the plaintiffs after the plaintiff requested it. A copy of the ruling in the case of Skaggs v. Gooch … The post Judge Awards $25k in Sanctions Against Collection Law Firm for Attempting to Collect on Discharged Debt first appeared on AccountsRecovery.net.

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Supreme Court’s Student Loan Decision Will Impact Black Women Most

Nerd Wallet

Cecilia Clark writes for NerdWallet. Email: cclark@nerdwallet.com. The article Supreme Court’s Student Loan Decision Will Impact Black Women Most originally appeared on NerdWallet.

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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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CFPB Launches Review of Credit Card Market

Account Recovery

The Consumer Financial Protection Bureau yesterday published a request for information from consumers related to their experiences using credit cards as part of a required review of the industry. The request covers a number of different areas related to how consumers use their credit cards, how they are treated by credit card issuers, and includes … The post CFPB Launches Review of Credit Card Market first appeared on AccountsRecovery.net.

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TCPA Class-Action Accuses Debt Relief Firm of Sending Pre-Recorded Messages Without Consent

Account Recovery

A class-action complaint has been filed in Colorado federal court alleging a debt relief law firm violated the Telephone Consumer Protection Act by making pre-recorded calls to consumers to try and obtain their business without having the proper consent to do so. A copy of the complaint in the case of Scofield et al. v. … The post TCPA Class-Action Accuses Debt Relief Firm of Sending Pre-Recorded Messages Without Consent first appeared on AccountsRecovery.net.

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Can a Drugstore Be Your Only Doctor?

Nerd Wallet

John Rossheim writes for NerdWallet. Email: USexpansion@nerdwallet.com. The article Can a Drugstore Be Your Only Doctor? originally appeared on NerdWallet.

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What You’re Missing if You’re Not at ARMTech

Account Recovery

There is so much I want to say about the experience thus far at ARMTech, but I will save that for when the conference is officially over. For now, I wanted to share some photos from the event. Enjoy! The post What You’re Missing if You’re Not at ARMTech first appeared on AccountsRecovery.net. The post What You’re Missing if You’re Not at ARMTech appeared first on AccountsRecovery.net.

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What Is an Executor, and What Do They Do?

Nerd Wallet

Connor Emmert writes for NerdWallet. Email: cemmert@nerdwallet.com. The article What Is an Executor, and What Do They Do? originally appeared on NerdWallet.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

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.

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Daily Digest – January 25. Judge Awards $25k in Sanctions Against Collection Law Firm; CFPB Launches Credit Card Review

Account Recovery

JUDGE AWARDS $25K IN SANCTIONS AGAINST COLLECTION LAW FIRM FOR ATTEMPTING TO COLLECT ON DISCHARGED DEBT A bankruptcy court judge in Virginia has ordered a collection law firm to pay $25,000 in attorney’s fees to the plaintiffs for violating the discharge of a judgment through bankruptcy by sending a payoff letter to the plaintiffs after … The post Daily Digest – January 25.

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Are Resort Fees Ever Worth It?

Nerd Wallet

Sally French writes for NerdWallet. Email: sfrench@nerdwallet.com. Twitter: @SAFmedia. The article Are Resort Fees Ever Worth It? originally appeared on NerdWallet.

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How Rising Interest Rates Can Affect Your Interest Rate After Bankruptcy

Sawin & Shea

Regardless of whether you’re keeping up with economic news and rising inflation rates, you’ve likely noticed that the cost of goods is going up while your purchasing power is going down. The Consumer Price Index notes that the inflation rate is up 7.1%, which is the highest rate of inflation since 1982. Unfortunately, rising inflation impacts almost everything we purchase, such as cars, homes, clothes, food, and utilities.

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Where’s My Amended Tax Return? Check Your Form 1040-X Status

Nerd Wallet

Andy Rosen writes for NerdWallet. Email: arosen@nerdwallet.com. Twitter: @[link] The article Where’s My Amended Tax Return? Check Your Form 1040-X Status originally appeared on NerdWallet.

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Agent Tooling: Connecting AI to Your Tools, Systems & Data

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.

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Everything You Need to Know About Credit Score Ranges

Direct Recovery

Everyone knows that having a good credit score is the key to getting the credit you need when you need it, but what exactly is a good credit score in the first place? There are tons of articles littering the web breaking down everything you need to do to improve your credit score, but none of that is helpful if you don’t have a solid working knowledge of where you fall on the range of possible scores.

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What Is a Car Insurance Premium?

Nerd Wallet

Ryan Brady writes for NerdWallet. Email: rbrady@nerdwallet.com. Twitter: @reallyryanbrady. The article What Is a Car Insurance Premium? originally appeared on NerdWallet.

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U.S. House Bill Proposes Excluding Pandemic Evictions From Consumer Reports

Troutman Sanders

On January 20, Representative Steve Cohen (D-Tenn) introduced the Keeping Evictions Off Credit Reports Act, H.R. 1594 , in the U.S. House of Representatives seeking to prohibit evictions due to the COVID-19 pandemic from appearing on consumer reports. This is the third time that Representative Cohen has proposed this legislation. Representatives Bennie Thompson (D-MS), Yvette Clarke (D-NY), Andre Carson (D-IN), Bonnie Watson Coleman (D-NJ) and James McGovern (D-MA) are co-sponsoring the bill.

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The Highest Value Airline Rewards Program Surprised Us, Too

Nerd Wallet

Sam Kemmis writes for NerdWallet. Email: skemmis@nerdwallet.com. Twitter: @samsambutdif. The article The Highest Value Airline Rewards Program Surprised Us, Too originally appeared on NerdWallet.

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Protect What Matters: Rethinking Finance Ops In A Digital World

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.

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Banking Groups Warn CFPB of Adverse Impact on Small Banks of Proposed Elimination of Late Fee Safe Harbor, Request SBREFA Panel

Troutman Sanders

Bankers are opposing any effort by the Consumer Financial Protection Bureau (CFPB or Bureau) to reduce or eliminate the late fee safe harbor, citing a potentially significant adverse impact on community banks and credit unions. In a letter dated January 20, the American Bankers Association (ABA), Credit Union National Association (CUNA), Independent Community Bankers of America, National Bankers Association, and National Association of Federally‐Insured Credit Unions (NAFCU) (collectively, the A

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This Week In Credit Card News: Interest Rates Expected To Keep Rising; Credit Card Trends In 2023

Collection Industry News

Interest Rates on Mortgages, Cars, and Credit Cards Will Keep Getting More Expensive in 2023 Borrowing money to buy a house or a car won’t get any cheaper this year, the nation’s central bank just confirmed. On Wednesday, the Federal Reserve released its minutes from the Federal Open Market Committee’s (FOMC) December meeting, when it announced it would be raising interest rates by 50 basis points.

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Journal Entry #2: Learning from Around the World

NACM

As I enter my third week of the International Credit & Risk Management (ICRM) online course, I'm learning more about the nitty and gritty aspects of international trade. One of the newest topics I'm learning about is financial analysis, which is a challenging subject but necessary for successful credit management. It truly.

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Help! My debtor transferred property to relatives to avoid paying

Collections Law

While most people try to pay their debts, some debtors are dead set against paying their bills. They may think they can get away with it if they wriggle hard enough. One way some debtors try to get out of paying their bills is to transfer all their valuable property to friends or relatives. That way, if you sue them you can’t find any assets to attach and seize, right?

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Future-Proof Your Firm: Smarter Tech for Stronger Returns & Simpler Workflows

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!