Fri.Mar 24, 2023

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How to Efficiently Collect AR and Get Invoices Paid Faster

Enterprise Recovery

As accounts receivables (AR) begin to fall delinquent, your business expenses could fall delinquent as well. With every late-paying client, cash flow for payroll, rent, or other vendors falls short, threatening your company's bottom line and growth. The effectiveness of your accounts receivable department may be one of the most important measurements to determine the success of your business.

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Trio of Reg F Class Actions Accuse Collectors of Not Including Validation Information in Letters

Account Recovery

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call … The post Trio of Reg F Class Actions Accuse Collectors of Not Including Validation Information in Letters first appeared on AccountsReco

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Is Being a Landlord Worth It?

Nerd Wallet

Dalia Ramirez writes for NerdWallet. Email: dramirez@nerdwallet.com. The article Is Being a Landlord Worth It? originally appeared on NerdWallet.

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Appeals Court Vacates Award for Defendant in FDCPA Case to Determine if Plaintiff had Standing in the First Place

Account Recovery

The Court of Appeals for the Third Circuit has vacated a judgment on the pleadings in favor of a defendant and remanded a Fair Debt Collection Practices Act case back to the District Court in order to determine whether the plaintiff had standing to sue in the first place. A copy of the ruling in … The post Appeals Court Vacates Award for Defendant in FDCPA Case to Determine if Plaintiff had Standing in the First Place first appeared on AccountsRecovery.net.

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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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How to Make a Flight Payment Plan with No Credit Check

Nerd Wallet

Josh Garber writes for NerdWallet. Email: travel@nerdwallet.com. The article How to Make a Flight Payment Plan with No Credit Check originally appeared on NerdWallet.

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Smart Money: ‘This or That’: Loyalty to One Travel Brand or Many?

Nerd Wallet

Meghan Coyle writes for NerdWallet. Email: mcoyle@nerdwallet.com. Twitter: @inkwaves. Sean Pyles writes for NerdWallet. Email: spyles@nerdwallet.com. Twitter: @SeanPyles. The article Smart Money: ‘This or That’: Loyalty to One Travel Brand or Many? originally appeared on NerdWallet.

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Daily Digest – March 24. Trio of Reg F Class Actions Filed Against Collectors; Appeals Court Vacates Award for Defendant

Account Recovery

TRIO OF REG F CLASS ACTIONS ACCUSE COLLECTORS OF NOT INCLUDING VALIDATION INFORMATION IN LETTERS A trio of class-action lawsuits have been filed against a pair of defendants for allegedly violating the Fair Debt Collection Practices Act because they opted not to use the Model Validation Notice and allegedly did not include the validation information … The post Daily Digest – March 24.

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Rent strike students evicted by Bailiffs

UK debt collections

Students who have been refusing to pay their rent in protest at high costs have been removed from a university building by bailiffs. A group of rent strikers had “occupied” the University of Manchester’s Simon Building and videos appeared to show some being carried out of the door. The university said it regretted the action but the protest “has been going on for a significant amount of time” Campaigners said the “disgraceful” eviction “shamed̶

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The Guide to TAP Air Portugal Business Class

Nerd Wallet

JT Genter writes for NerdWallet. Email: travel@nerdwallet.com. The article The Guide to TAP Air Portugal Business Class originally appeared on NerdWallet.

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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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The Second Circuit Weighs in on the Constitutionality of the CFPB’s Funding Structure, Disagreeing with the Fifth Circuit

Burr Forman

In a recent opinion, the Second Circuit considered a second challenge to the funding structure of the CFPB, upholding it as constitutional. On October 19, 2022, this issue was first considered by the Fifth Circuit in Community Financial Services Association of America, Ltd. v. Consumer Financial Protection Bureau , 51 F.4th 616 (2022). There, the court determined the payment structure established by the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub.

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Indiana AG Settles with Company over Allegedly Providing Unfair and Deceptive Personal Loans to Finance Auto Purchases

Troutman Sanders

Indiana Attorney General Todd Rokita and the Indiana Department of Financial Institutions announced a settlement in excess of $250,000 with Integrity Acceptance Corp., affiliated companies, and their owners to resolve allegations that they originated personal loans without the required license, contracted for charges in excess of the maximum allowable rate, misrepresented finance charges, and failed to disclose prepaid finance charges in violation of the Indiana Uniform Consumer Credit Code and

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Five Alternatives to Invest in Real Estate When You Have Bad Credit

Credit Corp

The views and opinions expressed in this article are those of the author only and are not endorsed by Credit.com. Credit.com does not provide, or endorse, any investment advice. In 2022, virtually all asset classes saw their prices plummet, leaving investors with nowhere to hide. However, real estate offered some much-needed solace for some. According to Morningstar , investor confidence in real estate soared to unprecedented heights in 2022, and it’s easy to see why.

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Second Circuit Upholds CFPB’s Funding Structure

Troutman Sanders

Yesterday, a three-judge panel of the Second Circuit Court of Appeals issued a unanimous opinion declining to follow the Fifth Circuit’s decision in Community Financial Services Association of America, Ltd. v. Consumer Financial Protection Bureau (CFPB or Bureau) finding no “support for the Fifth Circuit’s conclusion” that the CFPB’s funding structure is unconstitutional in Supreme Court precedent.

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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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March 2023 Newsletter – A Real Estate Attorney’s Take on the Current Real Estate Market and Trends

Jimerson Firm

Featured in the March 2023 Issue Partner’s Perspective: A Real Estate Attorney’s Take on the Current Real Estate Market and Trends Managing Partner, Charles Jimerson, joins Veteran Owned Business Panel Blog Highlights Curiosities, Ruminations and Various Eccentricities of Firm Biz READ NEWSLETTER The post March 2023 Newsletter – A Real Estate Attorney’s Take on the Current Real Estate Market and Trends appeared first on Jimerson Birr.

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Late Fees as a Collection Strategy

NACM

? On today's episode of NACM's Extra Credit podcast, hear from Kenny Wine, CCE and Jason Mott, CCE as they talk about their experience charging interest and late fees!⭐ Featuring host Kendall Payton!