Account Recovery

DECEMBER 22, 2020

The CBE Group is taking over a call center that used to be used by Convergys is Clarksville, Tenn., and plans to create 500 new jobs in the area, according to published reports. About half of the jobs are expected to be created in 2021 and the company is expected to start recruiting new hires … The post CBE To Open Call Center in Tennessee, Will Hire 500 Employees appeared first on AccountsRecovery.net.

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Nerd Wallet

DECEMBER 22, 2020

When Gianna De Salvo took her 4-year-old daughter Arabella to see Santa Claus this year, it was far from the merry experience she anticipated. “She took one look at him and froze,” De Salvo says. Santa was wearing a mask. That’s not what Arabella was expecting, and there was certainly no lap-sitting; Arabella stood behind. Sally French writes for NerdWallet.

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Account Recovery

DECEMBER 22, 2020

The Court of Appeals for the Seventh Circuit continued its attack on standing in Fair Debt Collection Practices Act cases yesterday, vacating the denial of a defendant’s motion to compel arbitration because the court lacked jurisdiction after it ruled that the plaintiff failed to allege she suffered an injury after receiving a collection letter from … The post Seventh Circuit Reverses Ruling in Letter Case Over Lack of Standing appeared first on AccountsRecovery.net.

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Fair Debt Collection Collections 189

Nerd Wallet

DECEMBER 22, 2020

One side effect of the coronavirus pandemic is an abundance of criminals trying to take advantage of people. The arrival of vaccines and legislation that would send out a second round of relief payments bring new opportunities for fraud. Knowing the latest schemes and keeping a healthy skepticism can help you avoid being victimized. Check out these.

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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.

Account Recovery

DECEMBER 22, 2020

While collectors are generally prohibited from directly contacting individuals who are represented by attorneys or when an individual requests that communications be ceased, there are a number of exceptions that collectors should know, and many of them are included in the debt collection rule released by the Consumer Financial Protection Bureau. In this episode of … The post Bedard Finishes Off Section 1006.6 in Latest Episode of ‘You Wanted a Rule, You Got a Rule’ appeared fir

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Collections 147

Account Recovery

DECEMBER 22, 2020

SEVENTH CIRCUIT REVERSES RULING IN LETTER CASE OVER LACK OF STANDING The Court of Appeals for the Seventh Circuit continued its attack on standing in Fair Debt Collection Practices Act cases yesterday, vacating the denial of a defendant’s motion to compel arbitration because the court lacked jurisdiction after it ruled that the plaintiff failed to … The post Daily Digest – December 22.

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Fair Debt Collection Collections 147

Credit Corp

DECEMBER 22, 2020

Debt can feel like a terrible thing, but paying off your debts is how you demonstrate that you can successfully manage your finances. Whether you make your debt payments on time makes up 35% of your credit score. Making on-time payments is one of the smartest ways to use your debt to your advantage. If you need a little help, debt management apps can help you organize and manage all of your debts in one place.

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Student loans Student Loans Debt Management Loans 106

Nerd Wallet

DECEMBER 22, 2020

New salary data shows that business school graduates from top-tier programs continue to have strong earning potential, despite the ongoing pandemic. For example, the median base salary among class of 2020 graduates from the MIT Sloan School of Management is $150,000, a 7% increase compared with the class of 2019. At Duke’s Fuqua School of. Ryan Lane writes for NerdWallet.

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Student loans Student Loans Loans 88

PDC Flow

DECEMBER 22, 2020

PDCflow Product Enhancements. Our team has worked hard this year to build exciting features for our customers. These improvements will help us deliver even better care to our customers and partners. Organizational Hierarchy. Many organizations have some degree of complexity that must be addressed. For PDCflow clients with multiple locations and departments (anywhere from two - hundreds), we have expanded our software’s capabilities to address your needs.

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Education Financial services Collection Companies Collections 86

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Collections

Nerd Wallet

DECEMBER 22, 2020

After taking a long break from applications, PenFed’s popular Pathfinder travel credit card is back with some new features — and also an annual fee. Formerly known as the PenFed Pathfinder Rewards American Express® Card, the card has switched payment networks from AmEx to Visa and is now the PenFed Pathfinder Rewards Visa Signature Card. Perhaps the.

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The McHughes Law Firm

DECEMBER 22, 2020

COVID-19 is causing changes within our economic environment that is expected to include a wave of distressed accounts in 2021. The pandemic has had an effect on the collections industry with an expected rise in charge-offs and account collectability. The post Handling the Influx of Post-COVID Charge-Off Accounts Will Be Like Drinking from a Firehose appeared first on Adam Parks inc.

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Collections 52

Nerd Wallet

DECEMBER 22, 2020

Chase Business Complete Checking, formerly known as Chase Total Business Checking, offers essential banking features for small-business owners. This business bank account includes unlimited electronic deposits, access to Chase branches and ATMs and the ability to deposit cash, write checks and send and receive wires. You don’t get as many fee-free transactions with Chase Business.

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Banks 77

Burr Forman

DECEMBER 22, 2020

On December 21, 2020, Congress passed a second pandemic relief bill. The relief bill did not renew the employee paid leave provisions of the Families First Coronavirus Response Act (“FFCRA”) – the Emergency Family and Medical Leave Expansion Act and Emergency Paid Sick Leave Act – which are set to expire December 31, 2020. However, the bill does permit employers to claim tax credits through March 31, 2021 for providing paid sick leave or paid family and medical leave for the same reasons set fo

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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?

Banks

Nerd Wallet

DECEMBER 22, 2020

Talk of student loan forgiveness has borrowers looking forward to 2021. But many already benefited from some unprecedented events in 2020: An administrative forbearance has paused most federal loan payments interest-free since March. The forbearance has also halted collections on defaulted loans. Interest rates fell to historic lows. It’s unclear how long these breaks will.

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Student loans Student Loans Loans Collections 69

Troutman Sanders

DECEMBER 22, 2020

A federal court in Maine recently held that the federal Fair Credit Reporting Act (“FCRA”), 15 U.S.C. § 1681, et seq. , preempts burdensome credit reporting restrictions imposed by the Maine Fair Credit Reporting Act. “By seeking to exclude additional types of information” from consumer credit reports, the court held that “the Maine Amendments intrude upon a subject matter that Congress has recently sought to expressly preempt from state regulation.

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Consumer Credit Construction Judgment 52

Nerd Wallet

DECEMBER 22, 2020

Between volatility in infection rates and shifting guidance from federal and local agencies, it can be hard to determine how best to travel, or whether it’s safe to travel at all. Somewhere between “it’s OK to travel” and “it’s not OK to travel” lies a vast gray area of caveats, personal preferences and precautions. Here. Sam Kemmis writes for NerdWallet.

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Fico Collections

DECEMBER 22, 2020

Santa Claus is facing a challenge in this pandemic year. Kids worldwide can’t sit on Santa’s lap. Elves are in lockdown and he needs to find new toy sources. Plus with Dancer and Prancer self-isolating, he needs a new way to make his worldwide rounds. This calls for advanced AI and decision management technology – enter FICO! The race is on to keep Santa on schedule. .

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Collections

Nerd Wallet

DECEMBER 22, 2020

If you’ve never flown with U.S. low-cost airlines like Allegiant, Frontier, Spirit or Sun Country, you might be overwhelmed by the complex and expensive fees added to your ticket during checkout. These airlines aim to lure you in with impossibly low fares, then tack on sometimes surprising extra fees. Even if you have flown on. Sam Kemmis writes for NerdWallet.

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Fico Collections

DECEMBER 22, 2020

Our analysis of UK card trends for November 2020 reflects the mixed financial fortunes of UK consumers as well as highlighting the continuing debt waiting game. Our new data shows that despite the introduction of the second national lockdown, credit card spend increased in November, as Christmas shopping got underway, boosted by Black Friday. Spending on UK credit cards is now only 2.6 percent lower than a year ago; either consumers are feeling confident enough about their finances to increase t

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Lender Collections Government 52

Nerd Wallet

DECEMBER 22, 2020

Advertisements about “settling your tax debt for pennies on the dollar” typically refer to the process of applying for an IRS offer in compromise, which is an IRS program designed to help people pay at least some of their tax debt. But statistically, the odds of getting an IRS offer in compromise are pretty low. Tina Orem writes for NerdWallet. Email: torem@nerdwallet.com.

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The McHughes Law Firm

DECEMBER 22, 2020

In today’s society a web presence is becoming a mandatory need for agencies in the Receivables Industry. In this video we go over with the experts the importance of having a consumer friendly website to avoid the issues that could arise. The post CX Week – Optimizing Websites For Today’s Consumer appeared first on Adam Parks inc.

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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.

Nerd Wallet

DECEMBER 22, 2020

Ever go overboard when shopping, then feel guilty when you get home with your haul? (Me, neither.) Or maybe that button-down you bought your brother doesn’t fit him, or the rug you bought doesn’t match the living room paint when you see it in place. In most cases, you can return the item and get. Erin Hurd writes for NerdWallet. Email: ehurd@nerdwallet.com.

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Fraser

DECEMBER 22, 2020

The Michigan House of Representatives recently voted to approve legislation that will impose a 45-day data breach notice requirement on Michigan businesses. House Bills 4186 and 4187 , which were passed on December 16, 2020, will become law if signed by Governor Whitmer. Identical bills were passed by the Michigan Senate on December 10. Data security is a major concern for many businesses across industries.

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Government 40

Price Meese

DECEMBER 22, 2020

Wishing our clients, friends and family best wishes as we close out 2020. [link]. The post Happy Holidays from Price, Meese, Shulman & D’Arminio appeared first on Price, Meese, Shulman & D’Arminio, PC.

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NCBA Law Practice Management Blog

DECEMBER 22, 2020

Lots of attorneys are short on cash. But, lots of attorneys are sitting on unsent or incomplete invoices. So, if you’re feeling a cash crunch in your law firm, look to a likely culprit: invoices that need to go out. Lots of attorneys are sitting on lots of cash; those attorneys just need to send out their billing. And, sending out that billing quickly is essential, because the more it piles up, the harder it is to collect on later: the more aged your accounts receivable, the less likely you are

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Law Firms Creditors Collections 52

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