Account Recovery

MARCH 28, 2022

A District Court judge in New York has granted a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act case in which a collection letter included multiple addresses for the defendant, allegedly confusing the plaintiff to the point where he felt his only option was to hand the letter over to his … The post Judge Grants MSJ in FDCPA Case Over Multiple Addresses on Payment Coupon appeared first on AccountsRecovery.net.

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Enterprise Recovery

MARCH 28, 2022

If you're stalling on the idea of following up on past due invoices, don't fret. Sometimes it takes a little research to move forward on something that's uncomfortable or unfamiliar. We've pulled together some reasons why you might be hesitant and how to move past those obstacles. Here are some pros and cons of sending your clients to collections.

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Account Recovery

MARCH 28, 2022

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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Consumer Finance

MARCH 28, 2022

Prepared remarks of Rohit Chopra at the University of Pennsylvania Law School.

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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

MARCH 28, 2022

Petaluma, CA — The Cascade365 Family of Companies is excited to announce that Shaun Ertischek was appointed the Chief Compliance Officer and General Counsel of Cascade Receivables Management, LLC. In this role, Mr. Ertischek will oversee all compliance, regulatory, litigation, and contractual matters for the company. He will take a proactive and strategic role in … The post Shaun Ertischek Appointed Chief Compliance Officer and General Counsel of Cascade Receivables Management appear

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Account Recovery

MARCH 28, 2022

JUDGE GRANTS MSJ IN FDCPA CASE OVER MULTIPLE ADDRESSES ON PAYMENT COUPON A District Court judge in New York has granted a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act case in which a collection letter included multiple addresses for the defendant, allegedly confusing the plaintiff to the point where he … The post Daily Digest – March 28.

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Nerd Wallet

MARCH 28, 2022

Wanting to travel but not sure where to start? Vacation packages may seem like an appealing option, especially since they can bundle together multiple bookings at once. But are travel packages a good deal? Let’s take a look at the costs of booking travel packages, how they compare with separate bookings and how much you. Carissa Rawson writes for NerdWallet.

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Account Recovery

MARCH 28, 2022

Companies in the accounts receivable management industry have had to get creative during the past couple of years, starting with the outbreak of the COVID-19 pandemic and now dealing with the impact of The Great Resignation, and while technology has helped offset shortages in labor or changes to workflows, thinking outside of the box is … The post How Technology is Helping Agencies Maximize Collections in Spite of Labor Shortages appeared first on AccountsRecovery.net.

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Nerd Wallet

MARCH 28, 2022

Southwest Airlines used to have three fare types, but that has now changed. The no-frills airline announced a new, fourth fare class called Wanna Get Away Plus. The new fare class sits between Southwest’s existing Wanna Get Away fare and the more-flexible Anytime fare. With the new Wanna Get Away Plus fare, you’ll get the. Sally French writes for NerdWallet.

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Collections

Account Recovery

MARCH 28, 2022

Thomas Donovan, the Attorney General of Vermont has reached a settlement with a healthcare provider that will require the provider to use a professional debt collection agency, while also being barred from collecting certain old debts and paying a fine of $10,000, half of which was suspended because it cooperated in the investigation. Taconic Orthopaedics, … The post Vermont AG Settles with Healthcare Provider Over Threatening Letters Sent to Patients appeared first on AccountsRecovery.net

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Nerd Wallet

MARCH 28, 2022

United Airlines is one of the largest airline companies in the United States, so it’s likely you have flown on or at least heard of it. Being such a major player in the travel game, United has hubs all across the country. You can find them in San Francisco, Chicago, Houston, Los Angeles, Denver, Washington, Josh Garber writes for NerdWallet. Email: travel@nerdwallet.com.

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PBWT

MARCH 28, 2022

As a result of Purdue Pharma’s proposed plan of reorganization, and the ongoing opioid epidemic that continues to grip the nation, the debate over non-consensual third-party releases has gone mainstream despite being a popular tool for debtors for decades. The origins of non-consensual third-party releases can be traced back to massive asbestos class actions that increased exponentially at the end of the twentieth century.

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Nerd Wallet

MARCH 28, 2022

Expedia is one of the biggest online travel websites out there. It can be used to search for and book all sorts of travel, including hotels, airfare, rental cars, cruises, activities, attractions and vacation packages. Accessible through Expedia.com or its mobile app, Expedia allows you to search and compare prices and rates, read reviews from. Sally French 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

Troutman Sanders

MARCH 28, 2022

On March 15, the D.C. Council of the District of Columbia Committee of the Whole met in a full hearing, in part to hear amendments introduced to B24-0357 by Councilmember and Chair Phil Mendelson (D). B24-0357 is the Protecting Consumers from Unjust Debt Collection Practices Amendment Act of 2021, and was raised by Mendelson in July 2021 as a trio of legislation to address debt collection in the district during the pandemic along with Emergency B24-0347 and Temporary B24-0348.

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Nerd Wallet

MARCH 28, 2022

If you’ve shopped for a car lately, you know prices are sky-high. In the past 12 months, prices for new vehicles have risen by 12.4%, according to the U.S. Bureau of Labor Statistics, and used cars and trucks are up a whopping 41.2%. A hefty auto loan or lease can help cover the high costs, Ciarra Jones writes for NerdWallet. Email: ciarra.jones@nerdwallet.com.

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Optio Solutions

MARCH 28, 2022

While we are increasingly attached to our screens, one would be tempted to think it is easier than ever to contact someone. That of course is not necessarily the case as spam calls, texts and emails are pervasive as ever across our phones and tablets, leaving many to simply ignore calls and messages from an… The post Multi-Channel Communications Reach Consumers in their Comfort Zone appeared first on Optio.

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Nerd Wallet

MARCH 28, 2022

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion of how last week’s interest rate increase is likely to affect your finances. Then we pivot to this week’s money question from Jack, who left us a voicemail: “Hey NerdWallet team, this is Jack. My. Liz Weston, CFP® writes for NerdWallet.

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Collections

TCPA

MARCH 28, 2022

Last week, the Eighth Circuit affirmed a finding that a dialing system does not qualify as an ATDS if it randomly selects numbers from a stored list. See Beal v. Truman Road Dev. (8th Cir. Mar. 24, 2022).

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Nerd Wallet

MARCH 28, 2022

Consumers love Costco because of the money they can save — and they can get even more value by using one of the best rewards credit cards at the popular wholesale club. With the right card, you can earn cash back or points while buying a rotisserie chicken, an 8-pack of athletic socks or a. Gregory Karp writes for NerdWallet. Email: gkarp@nerdwallet.com.

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TCPA

MARCH 28, 2022

Last week, the Eighth Circuit affirmed a finding that a dialing system does not qualify as an ATDS if it randomly selects numbers from a stored list. See Beal v. Truman Road Dev. (8th Cir. Mar. 24, 2022).

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Nerd Wallet

MARCH 28, 2022

Electricians typically work in various locations such as homes, businesses, factories and construction sites to install, maintain and repair electrical power, communications, lighting and control systems. Electricians need a high school diploma before entering into a paid apprenticeship program that typically lasts four or five years. Electricians will also need to be licensed to work.

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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.

Public Citizen

MARCH 28, 2022

Consumer Reports writes that consumers may "be surprised by some of the clauses in terms of service and end-user license agreements. A number of them are odd but relatively harmless. [A zombies clause?] In other cases, these agreements try to take away important consumer rights." The article is here.

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Nerd Wallet

MARCH 28, 2022

Estheticians are skin-care specialists who typically work in salons and spas or are self-employed. It’s an in-demand position: Esthetician jobs are expected to rise much faster than average by 2030. To become an esthetician, you usually need to complete a state-approved cosmetology or esthetician program and pass a state licensing exam. » MORE: Training for.

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Collection Industry News

MARCH 28, 2022

Source- site. A year after implementing one of the most expansive consumer protection laws in the country, the Department of Financial Protection and Innovation (DFPI) announced it has collected close to $1 million in restitution for consumers, fielded hundreds of additional complaints related to the law, and launched more than 100 investigations using its expanded authority under the California Consumer Financial Protection Law (CCFPL).

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NACM

MARCH 28, 2022

Shanghai, China's largest city and finance and international business hub, began lockdown measures today following the country's worst COVID outbreak since the beginning of the pandemic, according to CNBC. Oil prices already have dropped by more than $9 due to the lockdown and an expected decrease in demand.Further disruptions to supply chains are.

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