Mon.Dec 13, 2021

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Judge Grants Defendant’s MSJ in FDCPA Case Over Alleged Disputed Debt

Account Recovery

A District Court judge in Oregon has granted a defendant’s motion for summary judgment after it was sued for violating the Fair Debt Collection Practices Act because the plaintiff claimed never to have received a demand letter to recover an unpaid credit card debt and because the defendant is allowed to rely on information supplied … The post Judge Grants Defendant’s MSJ in FDCPA Case Over Alleged Disputed Debt appeared first on AccountsRecovery.net.

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Smart Money Podcast: Countering Uncertainty, and Building Wealth Early

Nerd Wallet

This article provides information for educational purposes. NerdWallet does not offer advisory or brokerage services, nor does it recommend specific investments, including stocks, securities or cryptocurrencies. Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion about overcoming uncertainty in our present moment.

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Rising Prices of Paper, Office Supplies Causing Problems Worldwide

Account Recovery

Inflation. Supply chain issues. Omicron. We’ve all seen prices for goods and services increase in recent months and are feeling it in our wallets. But companies in the accounts receivable management industry are feeling the pinch, too, not just in areas like traditional office supplies, but in one of the industry’s most important supplies — … The post Rising Prices of Paper, Office Supplies Causing Problems Worldwide appeared first on AccountsRecovery.net.

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For People With a Disability, Credit Is Key in a Crisis

Nerd Wallet

From the time Erin Noon Kay was little, her mom taught her how to manage money. This is a good thing for every parent to do, but for Noon Kay, it was essential. She was born with cerebral palsy. And in addition to general budgeting, she needed to know how to navigate the confusing government. Caitlin Mims writes for NerdWallet. Email: cmims@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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Chopra in Center of Dispute Brewing at Federal Bank Regulator

Account Recovery

An interesting battle is brewing between the Consumer Financial Protection Bureau and the Federal Deposit Insurance Corp. that spewed out into the public last week, indicating that the regulators might not be on the same page and is being labeled as a “remarkable breakdown in trust.” Like many regulators, the FDIC is run by a … The post Chopra in Center of Dispute Brewing at Federal Bank Regulator appeared first on AccountsRecovery.net.

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Daily Digest – December 13. Judge Grants MSJ For Defendant in FDCPA Case; Too Many Unsatisfied Patients

Account Recovery

JUDGE GRANTS MSJ FOR DEFENDANT IN FDCPA CASE OVER ALLEGED DISPUTED DEBT A District Court judge in Oregon has granted a defendant’s motion for summary judgment after it was sued for violating the Fair Debt Collection Practices Act because the plaintiff claimed never to have received a demand letter to recover an unpaid credit card … The post Daily Digest – December 13.

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Best Credit Cards of 2022: 4 Features to Look For

Nerd Wallet

The credit card market is highly competitive and constantly evolving. Lately, that means new cards that give consumers more choice. As this trend continues into 2022, credit card shoppers will need to know what to look for. What does a good credit card look like these days? Annual fees, sign-up bonuses, rewards rates and 0%. Gregory Karp writes for NerdWallet.

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Too Many Consumers Still Unsatisfied With Healthcare Billing: Report

Account Recovery

Healthcare patients are still “clamoring” for more advances to improve billing and payment solutions, according to the results of an annual survey conducted by Cedar, a healthcare financial engagement platform. Forty percent of respondents said they are not satisfied with their provider’s billing solutions, and another 40% said they are dissatisfied with their interactions with … The post Too Many Consumers Still Unsatisfied With Healthcare Billing: Report appeared first

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What Is Medigap Plan D? What You Need to Know

Nerd Wallet

Medigap Plan D is one of 10 Medicare Supplement Insurance plans that cover some out-of-pocket expenses for individuals enrolled in Medicare Part A and Part B, also known as Original Medicare. How it works After Medicare pays its approved amount for services, Medigap plans help cover what would otherwise be your out-of-pocket costs: copayments, coinsurance.

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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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Compliance Digest – December 13

Account Recovery

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

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Personal Trainer Insurance: What It Is, How to Get It

Nerd Wallet

Business insurance can help protect personal trainers and other fitness instructors from client claims of bodily injury, property damage or professional mistakes. Here’s what you need to know about personal trainer insurance and how to find the right coverage, as well as some of the best options to consider as you compare providers. What is. Randa Kriss writes for NerdWallet.

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Businesses being chased for Late filing penalties by Debt Collection firms

UK debt collections

Businesses filing their financial statements late due to the impact of the pandemic face the prospect of being contacted by debt collection agencies before their penalty appeals have been concluded by Companies House, say leading tax and advisory firm Blick Rothenberg. Marc Levy, a partner at the firm said: “Many small business owners and key members of their finance team have been suffering from long-term health issues or trapped overseas or due to the pandemic.

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How Missing a Credit Card Payment Could Hurt Your Points Earnings

Nerd Wallet

Earning points or miles is one of the primary reasons many consumers use a credit card. However, you may not realize how critical it is to keep up to date on your payments — and not just for increasing your credit score. Slipping up on a credit card payment could be bad news for earning. JT Genter writes for NerdWallet. Email: travel@nerdwallet.com.

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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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Courthouse News Sues Virginia For Allegedly Violating First Amendment Right of Access to Court Records

Troutman Sanders

In September 2021, Courthouse News Services (CNS) filed a federal lawsuit in the Eastern District of Virginia against Virginia court officials for allegedly violating the First Amendment rights of the press and public by restricting access to newly filed civil complaints. Currently, only Virginia barred attorneys have digital access to newly filed court records through the Officer of the Court Remote Access system (OCRA) for an annual fee of $200.

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A Guide to Southwest Flights to Central America

Nerd Wallet

Ready to book a flight to Central America? We don’t blame you. Between the beaches of Belize and rainforests of Costa Rica, there’s plenty to explore. Southwest Airlines can take you there. If you’re ready to start planning, here is a complete guide to Southwest flights to Central America. Where does Southwest fly in Central. Alisha McDarris writes for NerdWallet.

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Tennessee Governor Bill Lee Exonerates Adam Braseel in Connection to Wrongful Murder Conviction

Burr Forman

On December 2, 2021, Tennessee Governor Bill Lee officially exonerated Adam Braseel, who spent 12 years of a life sentence in prison between 2007 and 2019 for a killing he has always maintained he did not commit. With this announcement, Braseel becomes the first person convicted of murder in Tennessee to receive an exoneration, which is the highest act of clemency under Tennessee law.

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How Much Inventory Should You Carry? How to Know

Nerd Wallet

Retailers need to sell as much as possible. That means knowing how much inventory to carry, but without having to cut prices or offload surplus stock. But the retail business fluctuates by nature and demand changes from day to day and week to week. So, is there a good way to figure out how much inventory to. NerdWallet writes for NerdWallet. Email: articles@nerdwallet.com.

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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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How Property Owners Can Protect Their Property from Liens When a Tenant Makes Improvements

Jimerson Firm

When a tenant contracts for improvements to leased property, the property could be subject to construction liens. This can be particularly problematic for property owners when a tenant does not pay their contractor for those improvements. However, Florida law provides property owners with certain protections from these types of construction liens. A recent decision in James B.

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QuickBooks GoPayment Review 2022: How to Use It, Pricing, Alternatives

Nerd Wallet

QuickBooks GoPayment is a mobile point-of-sale app that helps small-business owners process payments on the go. The app uses QuickBooks Payments to process transactions, and clients can pair it with the QuickBooks Card Reader to accept dipped, swiped and digital wallet payments. QuickBooks Payments is only available to businesses that use QuickBooks for accounting.

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Statement of CFPB Director Rohit Chopra Member, FDIC Board of Directors December Open Meeting of the Board

Consumer Finance

Today, I am pleased to join my first public meeting as a Member of the Board of Directors of the Federal Deposit Insurance Corporation.

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CSA Shortlisted for Trade Association Forum Best Practice ?Skills Development' Award

CSA

Credit Services Association (CSA), the UK trade body for the collections and debt purchase sector and Approved Apprenticeship Training Provider, is delighted to have been shortlisted in the Skills Development category at the Trade Association Forum (TAF) Best Practice Awards 2022. Now in its nineteenth year, the TAF Best Practice Awards are supported by the Department of Business, Energy and Industrial Strategy, and recognise excellence, innovation and best practice amongst Trade Associations in

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The Power of Storytelling in Risk Management

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.

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Prepared Remarks of Director Rohit Chopra on the FDIC’s Deposit Insurance Fund Restoration Plan

Consumer Finance

The economic shock of COVID-19, and the resulting monetary and fiscal support, led to a substantial increase in deposits in our nation’s FDIC-insured banks. This shock caused the reserve ratio – the amount of reserves required in our Deposit Insurance Fund – to fall below the floor set by law.

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Bankruptcy Filings Show Declines Across All Chapters from October to November 2021

NACM

New bankruptcy filings across all chapters declined by 5.6% in November from the previous month, according to Epiq's November 2021 bankruptcy filing statistics from its AACER bankruptcy information services business.The total for new commercial filings across all chapters also decreased by 10.3% from October to November.

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Across the Board Halt on Vaccine Mandates: Employers, What Does That Mean for You?

Fraser

The Biden administration faces setbacks as federal courts across the nation challenge several attempts to employ mandatory Covid-19 vaccinations, leaving employers in limbo. Whether you are a health care provider, federal contractor or private employer of 100 or more, here is the guidance you need to help navigate the current state of vaccine legislation: As of today, agencies tasked with the execution of mandatory Covid-19 vaccination requirements pursuant to 86 Fed.