Account Recovery

FEBRUARY 23, 2022

Now, the waiting begins. The entire panel of judges on the Eleventh Circuit Court of Appeals heard oral arguments yesterday in Hunstein v. Preferred Collection & Management Services, the latest legal skirmish in a case that has been the most closely watched and scrutinized Fair Debt Collection Practices Act lawsuit in years. If you have … The post Summarizing Yesterday’s Hunstein Hearing appeared first on AccountsRecovery.net.

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Fair Debt Collection Collections 246

True Accord

FEBRUARY 23, 2022

Most Americans are in enough credit card debt, they would do anything to go back in time and change the outcome of their financial situation, according to new research. A survey of 2,000 general population Americans examined how they tackle their financial hurdles and found the average person owes $3,083 to credit card debt. Many respondents shared their financial regrets over the years, from not setting up a retirement plan when they were younger (51%), to not paying close attention to their cr

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Credit Card Debt Loans Personal loans Healthcare 123

Account Recovery

FEBRUARY 23, 2022

PEACHTREE CORNERS, GA – First Financial Asset Management (FFAM360), a best-in-class organization that provides customer-centric solutions that address all phases of the credit and revenue lifecycle, is proud to announce that they have acquired Independent Dealers Advantage, a family-owned and operated auto finance company that had been in business for approximately 20 years in Suwanee, … The post FFAM360 Acquires Independent Dealers Advantage, Forms IDA Acceptance 360 appeared first

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Nerd Wallet

FEBRUARY 23, 2022

If you’re into nature, history or gastro tourism, Puerto Rico provides a number of appealing reasons to visit any year. However, 2022 is shaping up to be an especially good time to travel there — and there’s one big reason why: It’s the most vaccinated place in the U.S. As of February 2022, 81.1% of. JT Genter writes for NerdWallet. Email: travel@nerdwallet.com.

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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

FEBRUARY 23, 2022

A bill has been introduced in Congress that would expand the Fair Debt Collection Practices Act to cover small business debts in order to protect those companies from “harassment” by third-party debt collectors, according to the bill’s sponsor. H.R. 6814, the Small Business Fair Debt Collection Practices Act, was introduced yesterday by Rep.

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Third-party Debt Collectors Fair Debt Collection Debt collector Collections 246

Account Recovery

FEBRUARY 23, 2022

A class action lawsuit has been filed in North Carolina federal court against a hospital network and the collection agency it uses, accusing them of violating state law in North Carolina as well as the Fair Debt Collection Practices Act by overcharging him for a visit to the emergency room and using “aggressive, manipulative, and … The post Patient Files Class Action, Accusing Debt Collector of Violating FDCPA, Regulation F appeared first on AccountsRecovery.net.

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Debt collector Fair Debt Collection Collection Agencies Collections Agency 243

Nerd Wallet

FEBRUARY 23, 2022

In 2021, the American Rescue Plan Act set aside nearly $10 billion to provide direct relief to homeowners struggling with finances because of the COVID-19 pandemic. Known as the Homeowner Assistance Fund, or HAF, this money would be split among U.S. states, territories and tribal governments, with each creating its own program for distributing the. Kate Wood writes for NerdWallet.

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Government 100

Account Recovery

FEBRUARY 23, 2022

SUMMARIZING YESTERDAY’S HUNSTEIN HEARING The Eleventh Circuit Court of Appeals heard arguments yesterday in Hunstein v. Preferred Collection & Management Services. Click here for an audio recording of the hearing, a transcript of it, perspective from experts about the arguments, and to enter a pool guessing when the opinion will be released.

Collections 242

Collections 242

Nerd Wallet

FEBRUARY 23, 2022

Welcome to the new travel reality, one in which the idea of “making firm plans” seems laughably quaint. The focus these days is not so much on nailing down an itinerary, but building one that can be painlessly un-nailed when circumstances and rules change. Americans are ready to travel. A 2021 poll from the Out. Sam Kemmis writes for NerdWallet. Email: skemmis@nerdwallet.com.

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Collections

Fico Collections

FEBRUARY 23, 2022

When it comes to fraud, are people worried about the wrong things? New data suggest that people are concerned about fraud, but one of the biggest threats seems to be flying under the radar, at least for consumers. That threat is fraud scams – tactics and techniques that fraudsters are using to trick people into giving away their money. The financial impact of scams is staggering indeed: in the UK alone, authorised push payment (APP) scams accounted for £479 million in gross losses in 2020.

Financial Institution 98

Financial Institution Retail Banks Collections 98

UK debt collections

FEBRUARY 23, 2022

Debt Collectors and Bailiffs Steve Pinner and Paul Bohill earned fame across the UK featuring on Channel five’s Can’t Pay? We’ll Take It Away. Now they no longer work for DCBL (Direct Collections Bailiffs Ltd) that featured on the programme and are chasing their former employers for £200,000. The pair have issued a claim in London’s high court claiming that their former bosses owe them nearly a quarter of a million pounds according to reports in National Newspapers such as the Mirror

Debt collector 94

Debt collector Collections 94

Nerd Wallet

FEBRUARY 23, 2022

Dwelling coverage is one of the most important parts of a home insurance policy. If your house burns to the ground or a fallen tree crushes your roof, dwelling coverage would pay to help you repair or rebuild. What is dwelling coverage? Dwelling coverage is the part of a homeowners policy that pays to repair. Sarah Schlichter writes for NerdWallet. Email: sschlichter@nerdwallet.com.

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Home Insurance 90

Public Citizen

FEBRUARY 23, 2022

David Horton of California, Davis has written Forced Remote Arbitration, 108 Cornell Law Review (2022).  Here's the abstract: Courts responded to COVID-19 by going remote. In early 2020, as lockdown orders swept through the country, virtual hearings—which once were rare—became common. This shift generated fierce debate about how video trials differ from in-person proceedings.

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Startups Lawyers 77

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

FEBRUARY 23, 2022

Group trips are fun — in theory. But they can quickly spiral into Venmo-nagging chaos if not properly orchestrated. Getting a group to decide on basics like location and dates is one thing; getting them to decide on budgets and preferences is an even thornier one. We’re sharing our secrets for navigating these difficult and. Elina Geller writes for NerdWallet.

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Sawin & Shea

FEBRUARY 23, 2022

If you are in the Chapter 13 Bankruptcy process, you have a three-to-five-year reorganization payment plan. This plan will allow for one monthly payment to wrap up most types of debt and will provide you with automatic court protection from your creditors. There are a lot of reasons why a Chapter 13 might be the best choice for a person. However, many people who file for Chapter 13 Bankruptcy do so either because they don’t qualify for a Chapter 7 Bankruptcy or because they want to keep their ho

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Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Unsecured Debt 52

Nerd Wallet

FEBRUARY 23, 2022

Settling up with the IRS at tax time can be complicated if you’ve been doing a lot of cryptocurrency trading. Gains from sales of digital assets can be subject to capital gains tax. Unlike stockbrokers, even the best crypto exchanges aren’t always required to file tax forms summarizing your annual activity. It’s on you to. Andy Rosen writes for NerdWallet.

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Trade 83

NCBA Law Practice Management Blog

FEBRUARY 23, 2022

Data backup has always been a difficult puzzle for law firms, who traditionally traffic in document s heavily – whether they’re electronic or paper. So, managing files is always a concern for lawyers, and that concern is often exacerbated by disorganization – lots of law firms are scattered in terms of document storage. The good news is that there’s an easy solution for that: centralize your documents in one place, preferably in the cloud.

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Law Firms Lawyers Creditors 52

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Collections

Arbeit Software

FEBRUARY 23, 2022

Now is a great time to start imagining ways to incorporate email into your strategy, and this guide is a great place to start! Thought leaders and consumers both shared how email can fit into your current debt collection outreach. The post How Are Debt Collection Agencies Using Email in 2022? appeared first on Arbeit -.

Collection Agencies 52

Collection Agencies Collections Agency Collections 52

Troutman Sanders

FEBRUARY 23, 2022

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. We regularly update this site with COVID-19 news and developments, recommendations from leading health organizations, and tools that businesses can use free of charge.

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Financial services Student loans Student Loans Government 52

Fico Collections

FEBRUARY 23, 2022

When it comes to fraud, are people worried about the wrong things? New data suggest that people are concerned about fraud, but one of the biggest threats seems to be flying under the radar, at least for consumers. That threat is fraud scams – tactics and techniques that fraudsters are using to trick people into giving away their money. The financial impact of scams is staggering indeed: in the UK alone, authorised push payment (APP) scams accounted for £479 million in gross losses in 2020.

Financial Institution 52

Financial Institution Retail Banks Collections 52

Troutman Sanders

FEBRUARY 23, 2022

On January 26, a federal judge granted plaintiff Maria Garcia’s (Garcia) motion to remand on the basis that the amount in controversy was below the required threshold. The order was based on the court’s interpretation of the California Investigative Consumer Reporting Act’s (ICRAA) statutory damages scheme and its finding that the statute allows for one statutory penalty per background report, not per violation.

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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.

JMA

FEBRUARY 23, 2022

Late payments and bad debts. These are two of the biggest headaches for any business owner. Too many late payments and too much bad debt can mean the end of a business. That’s because they impact cash flow, which can impact the overall performance of the business as resources are stretched. No matter the size. Read more » The post Better Credit Management = Less Bad Debt appeared first on JMA Credit Control.

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Credit Management 10

NACM

FEBRUARY 23, 2022

Governments around the world are rolling out their own versions of Russian sanctions over conflict with Ukraine, as the two countries teeter on the brink of war. President Joe Biden officially called Russia's decision to deploy troops in eastern Ukraine "the beginning of a Russian invasion.""We will not allow Russia to claim the pretense.

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Government 5