Account Recovery

JUNE 14, 2021

A published media report aims to answer a question that many in the accounts receivable management industry have long asked — Why is Buffalo the epicenter for illegal debt collection activity? According to the report, cheap office space, no licensing requirements, and huge profits reaped by legitimate debt collectors dating back to the 1970s are … The post Report Delves Into Buffalo’s Origins as Epicenter of Illegal Collection Operations appeared first on AccountsRecovery.net.

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Accounts Receivables Management Collections Debt collector 246

Enterprise Recovery

JUNE 14, 2021

Employers are struggling with finding workers even though COVID restrictions are being lifted across the country. According to a recent report , 42% of small business owners were unable to fill job openings and 91% were unable to find qualified applicants. These challenges are also affecting the work that's getting done within businesses too. Here's how the job market is affecting client invoice payments.

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Collection Agencies Collections Agency Collections 130

Account Recovery

JUNE 14, 2021

CFPB PUBLISHES RULEMAKING AGENDA; DECISION ON DEBT COLLECTION RULE DELAY EXPECTED THIS MONTH The Consumer Financial Protection Bureau has apparently dropped a plan that was initiated under its former leadership to create a rule that defines “abusive” conduct under the unfair, deceptive, and abusive acts or practices, known as UDAAP, according to its Spring 2021 … The post Daily Digest – June 14.

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Collections 221

Nerd Wallet

JUNE 14, 2021

Wills and trusts are legal instruments that ensure assets are passed down to heirs as per your wishes, helping to provide for the people and causes close to your heart. While each can be a pillar of estate planning, wills and trusts have key differences to consider, from when they take effect to whether or. Tiffany Lam-Balfour writes for NerdWallet.

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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

JUNE 14, 2021

ST. GEORGE, UTAH (PRWEB) JUNE 09, 2021 — TCN, Inc., a global provider of a comprehensive cloud-based call center platform for enterprises, contact centers, BPOs and collection agencies, today announced the launch of “Understanding STIR/SHAKEN,” an online guide that breaks down the most important rules and issues related to the new Secure Telephone Identity Revisited/Signature-based Handling of Asserted … The post TCN Launches ‘Understanding STIR/SHAKEN,’ an Online Business Guide to t

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Collection Agencies Collections Agency Collections 219

Account Recovery

JUNE 14, 2021

The Consumer Financial Protection Bureau has apparently dropped a plan that was initiated under its former leadership to create a rule that defines “abusive” conduct under the unfair, deceptive, and abusive acts or practices, known as UDAAP, according to its Spring 2021 rulemaking agenda, which was published on Friday. Also put on the chopping block … The post CFPB Publishes Rulemaking Agenda; Decision on Debt Collection Rule Delay Expected This Month appeared first on Accounts

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Collections 173

Nerd Wallet

JUNE 14, 2021

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion about travel insurance — what it offers, how much it costs and when you should purchase it. Then we pivot to this week’s question from Marie. They wrote us asking: “Dear Nerds, I am preparing. Liz Weston writes for NerdWallet.

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Account Recovery

JUNE 14, 2021

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

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Nerd Wallet

JUNE 14, 2021

The coronavirus pandemic’s impact on consumer finances has led many Americans to rethink their money habits. For example, according to NerdWallet’s annual Consumer Credit Card Report, 19% of credit card holders say card issuers cut their credit limits during the pandemic — and almost all of those people (93%) say their financial views or strategies.

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Consumer Credit 98

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Collections

Account Recovery

JUNE 14, 2021

The Court of Appeals for the Eleventh Circuit has affirmed a lower court’s dismissal of a Fair Debt Collection Practices Act suit over whether an underlying debt was a consumer debt as defined by the FDCPA because the plaintiff and his wife used a fictitious name under state law in Florida when making the purchase. … The post Appeals Court Affirms Dismissal of FDCPA Suit Over Definition of Debt, Consumer appeared first on AccountsRecovery.net.

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Fair Debt Collection Collections 147

Nerd Wallet

JUNE 14, 2021

Wedding celebrations largely took a hiatus after the COVID-19 pandemic was declared in 2020. Among couples who had a set wedding date between March and December 2020, 47% postponed their wedding receptions, according to The Knot’s 2020 Real Weddings COVID Study. The trend continued this year. In March, New York City couple Lindsay Holmes and. Lauren Schwahn writes for NerdWallet.

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Credit Corp

JUNE 14, 2021

Some experts believe that Social Security funds may soon begin to run short—and many members of the public agree with them. In fact, less than half of the respondents to a recent Quinnipiac poll thought they’d receive a Social Security benefits payment upon retirement. But are they right, and if so, how will the TRUST Act help? In this article, we’ll examine the TRUST Act in more detail, and we’ll explain what it’s meant to do and how it could affect Social Security futures.

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Government 92

Nerd Wallet

JUNE 14, 2021

Extreme droughts and changing climates mean wildfires are the new normal, and homeowners should be prepared. The Western United States is currently experiencing a megadrought — trending to be the worst in a 1,200-year period analyzed in a recent study out of Columbia University — that is expected to ignite an intense and early wildfire. Ben Moore writes for NerdWallet.

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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

Prosperity Now

JUNE 14, 2021

The country seems to be opening back up for some, but for those hardest hit by the pandemic, barriers like

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Nerd Wallet

JUNE 14, 2021

Virgin Atlantic was founded by Sir Richard Branson in 1984 and is headquartered in the United Kingdom. His adventurous personality came to personify what the airline was all about, including his famous “Screw it, let’s do it” philosophy. As it launched more destinations around the world, Virgin Atlantic became “the airline you flew if you. Lee Huffman writes for NerdWallet.

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Burr Forman

JUNE 14, 2021

GREENVILLE, S.C., June 11, 2021 – Burr & Forman LLP Greenville-based partner Adam R. Artigliere has been elected to the board of directors of the Palmetto Land Title Association (PLTA). The association, composed of title insurance underwriters and agents, attorneys, and other real estate business professionals, has represented the title industry in South Carolina for more than 40 years.

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Nerd Wallet

JUNE 14, 2021

An airport lounge provides a welcome sight for many. Its benefits can include free food and drink, space to work or relax, and often a private bathroom away from crowds. Third-party lounges can be a helpful solution when you aren’t flying to an airport with a specific credit card- or airline-affiliated lounge. The Club Lounges. Ramsey Qubein writes for NerdWallet.

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Collections

Fico Collections

JUNE 14, 2021

Our latest UK Credit Market Report on card trends for April 2021 shows the impact of the opening up of hospitality and retail on April 12. The figures include a 12 percent rise in card spend and more customers exceeding their card limit. Missed payments were still below historical trends, probably due to increased savings and government support, which continues to blur the picture of card users struggling with debt issues, making it more difficult for lenders to manage.

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Retail Government Credit Card Debt Lender 52

Nerd Wallet

JUNE 14, 2021

An iBuyer can help you to sell your house quickly by skipping some of the hassles of having a home on the market and letting you set your own timeline. But selling to an iBuyer — a real estate company that uses tech to buy and resell houses — isn’t for everyone. Not all homes will qualify, Kate Wood writes for NerdWallet. Email: kwood@nerdwallet.com.

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Fico Collections

JUNE 14, 2021

Invitations to buy even the smallest items on an installment plan seem to be everywhere online, and in-store, too: called “buy now, pay later” or BNPL loans, these offers let consumers buy what they want, now, and pay for it over time in four equal payments. BNPL: Even the smallest purchases can now be broken into bite-size chunks. . Led by a plethora of high-visibility providers including Klarna, Affirm, QuadPay, Afterpay and PayPal’s “Pay in 4” option, BNPL allows consumers to take 100% of m

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Banks Loans Retail Consumer Credit 52

Nerd Wallet

JUNE 14, 2021

Technology has made it easier than ever to run a successful business all on your own. But for those small business owners hoping to grow their companies, at some point you’ll likely need to consider hiring your first employee. But how do you know when the time is right, and how do you do it. Rieva Lesonsky writes for NerdWallet. Email: wpguestuser+rlesonsky@nerdwallet.com.

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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.

Credit Corp

JUNE 14, 2021

The views and opinions expressed in this article are those of the author only and are not endorsed by Credit.com. Most people are naturally risk-averse. They stay away from cliffs, steer clear of extreme sports, and sidle away from confrontations that might go awry. Given the immense importance of financial security, however, they can often be convinced to invest their money — though only in ways that are seen as fairly secure.

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Loans Trade 59

Nerd Wallet

JUNE 14, 2021

As a small business owner, you know that your finances are a top priority—and therefore, your bookkeeping processes are too. Although sometimes grouped within business accounting, bookkeeping itself is a core part of managing your finances and ultimately promoting the growth and success of your business. If you’re new to small business bookkeeping, however, you might.

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Collection Industry News

JUNE 14, 2021

Source: site. The U.S. Court of Appeals for the Second Circuit has ruled that a debt collector did not violate the Fair Debt Collection Practices Act by sending the plaintiff a settlement offer that did not disclose that his balance could increase due to interest and fees. In Cortez v. Forster & Garbus, LLP , the debt collector sent a collection notice to the plaintiff offering various options for settling his account for less than the full balance owed if he made the payments indicated by

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Debt collector Collateral Fair Debt Collection Debtor 40

Nerd Wallet

JUNE 14, 2021

Starting a cafe is no small endeavor, but anyone who appreciates the Parisian way of life can tell you how integral a local, welcoming cafe is to any community. But when you’re starting a business, there are several things to consider and processes to complete to make it official. Wondering how to open a cafe in. Jacqueline DeMarco writes for NerdWallet.

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