Fri.Feb 02, 2024

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Bill Introduced in House to Crack Down on AI Robocalls

Account Recovery

The Federal Communications Commission is not the only entity seeking to criminalize the use of artificial intelligence in the area of robocalls. A bipartisan bill has been introduced in the House of Representatives that would require callers to disclose when artificial intelligence is being used and increases the penalties for using AI to impersonate individuals.

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Filling Station: How to Prepare Your Law Firm for Document Assembly

NCBA Law Practice Management Blog

Most law firms that aren’t yet into it, want to get into document assembly – because they understand the advantages related to quicker document preparation = more work volume, or more time off. But, a lot of those potential document assembly users get caught in the starting blocks – because they don’t know to prepare toward the launch of a document assembly software.

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Judge Grants Motion to Remand Case After Plaintiff Fails to Appear for Deposition

Account Recovery

A District Court judge in Wisconsin has granted a plaintiff’s motion to remand a Fair Debt Collection Practices Act case back to state court where it was originally filed, while also declining to rule on a defendant’s motion for sanctions against the plaintiff and his attorney and another defendant’s motion for judgment on the pleadings.

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Visual Basic: Two Types of KPIs for Law Firms

NCBA Law Practice Management Blog

Law firms have not necessarily used data to their advantage, like other businesses. But, you know what they say: better late than never ! And, if you haven’t tried launching and managing KPIs in your law firm , there’s no time like the present, for doing just that. Now, KPIs (key performance indicators) are simply numbers derived from statistics that define part of a law firm’s process.

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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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Wash. AG Settles With Hospital Over ‘Aggressive’ Collection Efforts, Will Forgive $157M in Medical Debt

Account Recovery

A two-year battle between the Attorney General of Washington and one of the nation’s largest healthcare providers appears to have come to a close, with the provider agreeing to refund $20 million back to individuals who may have been eligible for charity care and forgiving $137 million in medical debts — which will impact nearly […]

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Daily Digest – February 2. Collector Facing FDCPA Suit for Overshadowing Validation Period, Mischaracterizing Dispute as ID Theft Claim; Wash. AG Settles With Hospital Over ‘Aggressive’ Collection Efforts, Will Forgive $157M in Medical Debt

Account Recovery

Collector Facing FDCPA Suit for Overshadowing Validation Period, Mischaracterizing Dispute as ID Theft Claim Judge Grants Motion to Remand Case After Plaintiff Fails to Appear for Deposition Wash.

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Consumers Hit the Brakes on Debt Just as it Reaches Record Levels

Collection Industry News

The American love affair with debt took a timeout in December. After piling on debt for much of the year – in 2023, the type of credit commonly provided by charge cards and other loans increased 8.4 percent – consumers slammed on the brakes in the last month of the year. Credit expanded by just 0.4% in the month, according to the Federal Reserve’s monthly credit report released Wednesday.

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Collector Facing FDCPA Suit for Overshadowing Validation Period, Mischaracterizing Dispute as ID Theft Claim

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?

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Credit Managers: The Financial Detectives

NACM

Listen to today's episode of NACM's Extra Credit podcast here.The art of decision-making rests on the foundation of informed choices. Just like detectives, credit managers meticulously gather data from various sources, such as credit reports, financial statements and bank references, piecing together a financial puzzle.Learn how the hunt for credit.

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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.