Account Recovery

JANUARY 28, 2021

GETTING TO KNOW JAMIE WELSH OF HARVEST STRATEGY GROUP Reading his answers to the questions below, it is easy to see how much Jamie Welsh cares about the important things in his life. And while one of them might be the New York Yankees, those of us in the ARM industry are fortunate that working … The post Daily Digest – January 28. Getting to Know Jamie Welsh of Harvest Strategy Group; How to Build Challenges that Improve Performance appeared first on AccountsRecovery.net.

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Credit Corp

JANUARY 28, 2021

GameStop, a dying video game retailer, has blown past epic proportions to the point of hitting all-time highs in the stock market. A few weeks ago, the company ( stock trading as ticker: GME) traded around lows of ~$19. As of January 27th, 2021, the GameStop stock has reached an all-time high of $350. That’s a ~1700 percent increase! Currently, GameStop’s market capitalization is $24 billion, previously $500-$700 million.

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Account Recovery

JANUARY 28, 2021

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know Jamie Welsh of H

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Accounts Receivables Management 245

Credit Corp

JANUARY 28, 2021

GameStop stock has risen exponentially, but is this risky investment strategy right for you? The internet has been ablaze as GameStop’s stock price ($GME) has rocketed from $19.95 on January 12, 2021, to a high of $483.00 on January 28, 2021. To make a long story short, this happened because some clever Redditors discovered that 140% of the available shares had been shorted (how this is possible is a story for another day).

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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

JANUARY 28, 2021

The Consumer Financial Protection Bureau has released a special edition of its Supervisory Highlights report, detailing information it received from the entities it regulates about how they have responded to the COVID-19 pandemic. When the pandemic hit last March, the CFPB re-scheduled about half of its supervisory examinations and replaced them with something called Prioritized … The post CFPB Releases Special Supervisory Highlights on Response to COVID appeared first on AccountsRecovery.

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Account Recovery

JANUARY 28, 2021

How can one “C” help a “C” build three other “C’s”? The answer is in this week’s Training Bytes video with Mary Shores. In this episode, Mary is joined by Roxie Olivero-Winfield, the training manager at Midstate Collection Solutions, to talk about the benefits of implementing weekly challenges to help collectors improve their consistency, confidence, … The post Training Bytes: How To Build Challenges That Improve Collector Performance appeare

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Collections 147

UK debt collections

JANUARY 28, 2021

The coronavirus pandemic has exacerbated Business late payments for UK businesses, new figures from the Institute of Directors reveal. Over a third of company directors were polled by the IoD. They said they had faced an increase in late payments during the pandemic. Almost one in ten directors reported that they had experienced significantly more problems than usual.

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Debt Recovery 111

Account Recovery

JANUARY 28, 2021

The Eleventh Circuit Court of Appeals has upheld the summary judgment ruling in favor of a defendant that was sued for violating the Fair Debt Collection Practices Act and the Florida Consumer Collection Practices Act because of alleged misrepresentations made by another entity that was collecting on the defendant’s behalf. A copy of the ruling … The post Appeals Court Upholds MSJ For Defendant in FDCPA Vicarious Liability Case appeared first on AccountsRecovery.net.

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Jimerson Firm

JANUARY 28, 2021

When a lender obtains a final judgment of foreclosure from the court, the mortgaged property is sold at public auction and, if bought by someone other than the foreclosing lender, the proceeds are applied to the debt owed by the delinquent borrower. However, sometimes the sale proceeds are insufficient to satisfy the full amount of debt owed. In this event, Florida law permits a lender to get a deficiency judgment against the borrower for the amount of the final judgment of foreclosure minus the

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Collections

Nerd Wallet

JANUARY 28, 2021

Though the year is well underway, it’s never too late to set new goals, whether you want to do 100 push-ups a day or try meatless Mondays. If you want to work on your financial fitness, your bank accounts are a great place to start. Checking and savings accounts are the backbone of money management, and. Chanelle Bessette writes for NerdWallet. Email: cbessette@nerdwallet.com.

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Banks 88

Sawin & Shea

JANUARY 28, 2021

When you hire Sawin & Shea for your bankruptcy, we give you a phone script that helps you handle collection calls. After you retain the firm, creditors must stop calling you once they have notice of our representation. During your bankruptcy, bill collectors are required to follow certain rules for phone calls and other communications, and they are legally required to stop calling you.

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Nerd Wallet

JANUARY 28, 2021

Comparing Medicare Advantage Plans and Medicare Part D drug plans means taking a look at prescription drug coverage, copays and coinsurance costs, the plan’s network of doctors and service area. But there’s another metric you should consider when making your decision: the plan’s star rating. What is the Medicare star rating system? As with most. Kate Ashford writes for NerdWallet.

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Troutman Sanders

JANUARY 28, 2021

On January 21, Colorado Governor Jared S. Polis signed Senate Bill 21-002 into law. This bill modifies the limitations of certain debt collection actions enacted in Senate Bill 20-211 , most notably extending the moratorium on extraordinary collection actions from February 1, 2021 to June 1, 2021. In more detail, Senate Bill 21-002 states that a judgment creditor shall not initiate or maintain a new extraordinary collection action except in accordance with the requirements set forth in the bill.

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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

JANUARY 28, 2021

Original Medicare doesn’t cover hearing aids, fittings or routine hearing exams, but many Medicare Advantage plans do offer coverage. If you’re an older adult who could benefit from hearing aids — or might need them in the future — such coverage could be useful. Disabling hearing loss is experienced by almost a quarter of people ages. Roberta Pescow writes for NerdWallet.

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Troutman Sanders

JANUARY 28, 2021

In Ewing v. Med-1 Solutions , Judge Sweeney II of the District Court for the Southern District of Indiana granted summary judgment for the defendant, regarding the plaintiff’s allegation that the defendant violated the Fair Debt Collection Practices Act by reporting her debt to TransUnion after the plaintiff disputed the debt. In its ruling, the court highlighted that a company that takes reasonable precautions and maintains reasonable procedures to avoid clerical or factual mistakes satisfies t

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Nerd Wallet

JANUARY 28, 2021

The Chase Sapphire Preferred® Card will offer new cardholders a one-time, automatic $50 statement credit on grocery store purchases. The perk is an incentive to apply now for the Chase Sapphire Preferred® Card — essentially a travel credit card — even though travel remains curtailed by the COVID-19 pandemic. Offer details The one-time $50 statement credit.

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Troutman Sanders

JANUARY 28, 2021

Washington State Attorney General Bob Ferguson recently announced priorities for his 2021 legislative agenda. These priorities include public safety and criminal justice reform, tribal treaty rights, and protecting consumers. With respect to the last priority on consumer protection, Attorney General Ferguson is supporting two bills in the Washington legislature: Price Gouging – SB 5191.

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Collections

Burr Forman

JANUARY 28, 2021

BIRMINGHAM, Ala., January 28, 2021 – Burr & Forman LLP announces the addition of Allyson Edwards to serve as the firm’s new Senior Director of Legal Talent and Development. Edwards, who is both an attorney and certified public accountant, previously served as the Business Division Manager for Honda Manufacturing of Alabama, where she led a variety of business and legal functions in several roles over 17 years.

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Jimerson Firm

JANUARY 28, 2021

Featured in the January 2021 Issue. Partner’s Perspective: What Are You Doing For Others? Hunter Faulkner Joins Jimerson Birr as Partner Expanding Firm’s Real Estate Service Capabilities. Register Now for the Community Association Board Member Certification Course Webinar. Charles Jimerson Appointed to Committee of The Boss of the Sauce Festival.

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Troutman Sanders

JANUARY 28, 2021

President Biden’s pattern of selecting strong consumer advocates for executive branch leadership positions continued last Thursday, when he appointed current Federal Communications Commissioner Jessica Rosenworcel to serve as acting chair of the Federal Communications Commission (FCC). Serving as a Democrat commissioner at the FCC for the past eight years, Rosenworcel is a staunch supporter of network neutrality rules.

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