Account Recovery
APRIL 11, 2022
The New York Department of Financial Services has issued guidance “to address potential confusion” about how to comply with a new statute of limitations requirement that went into effect last week, lowering the period to three years while also disallowing a partial payment to restart the statute of limitations, and requiring additional disclosures to be … The post N.Y.
Consumer Finance
APRIL 11, 2022
Today, the Consumer Financial Protection Bureau (CFPB) has filed a major lawsuit against repeat offender TransUnion, two of its subsidiaries, and a longtime executive, John T. Danaher, for violating a 2017 law enforcement order.
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Account Recovery
APRIL 11, 2022
A bill is progressing through the Maryland legislature that, if passed, would require the state to develop a process that identifies individuals who paid for hospital services that may have otherwise qualified for free care under existing state law and reimburse those individuals for the money they paid. If enacted, the process of identifying those … The post Maryland Legislature Advances Bill Requiring Refunds to Patients Who Were Eligible for Free Healthcare appeared first on AccountsRec
Consumer Finance
APRIL 11, 2022
Today, the Consumer Financial Protection Bureau (CFPB) is filing a lawsuit against TransUnion, two of its subsidiaries, and executive John Danaher, who recently departed TransUnion, for violating a 2017 Bureau order.
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
APRIL 11, 2022
N.Y. DFS ISSUES GUIDANCE TO ADDRESS ‘POTENTIAL CONFUSION’ OVER NEW SOL RULES The New York Department of Financial Services has issued guidance “to address potential confusion” about how to comply with a new statute of limitations requirement that went into effect last week, lowering the period to three years while also disallowing a partial payment to restart … The post Daily Digest – April 11.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
APRIL 11, 2022
In a case that was defended by the team at Malone Frost Martin, a District Court judge has granted a defendant’s motion for judgment on the pleadings in a Fair Debt Collection Practices class action after alleging that the amount owed listed in a collection letter was lower than it should have been and that … The post Judge Grants Motion for Judgment in Favor of Defendant Over Interest Disclosure, Settlement Offer Expiration in Letter appeared first on AccountsRecovery.net.
Nerd Wallet
APRIL 11, 2022
So you’re expecting a tax refund this year. With inflation driving up the price of gas, food and nearly everything else, that extra money can’t come soon enough. The hard part is deciding how to spend it. Should you invest the money? Book a trip? If you really want to do yourself a favor, use. Lauren Schwahn writes for NerdWallet. Email: lschwahn@nerdwallet.com.
Account Recovery
APRIL 11, 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.
Nerd Wallet
APRIL 11, 2022
Bank mergers and acquisitions happen regularly and can lead to streamlined services and better offerings for consumers, but they can also sometimes create challenges like less access to branches or customer service difficulties. If your bank is merging or being acquired, it will probably try to make the transition process of moving your account as. Chanelle Bessette writes for NerdWallet.
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Hudson Weir
APRIL 11, 2022
If you’re planning on giving up your directorship of a limited company, while also cautiously noting the business’ financial situation, you may have asked yourself, “how long is a director liable after resignation?”. Of course, there are many reasons why a director may seek to move on from a company, but it is important to be aware that resigning from a role does not necessarily serve as a clean break from a company’s finances.
Nerd Wallet
APRIL 11, 2022
Pie Insurance is a business insurance startup focused on workers’ compensation coverage. Founded in 2017, the company now sells workers’ comp in 36 states plus Washington, D.C. Its policies are underwritten by Sirius America, a global insurer. If you’re shopping for workers’ compensation insurance, consider getting a quote from Pie. Pie offers a variety of.
Burr Forman
APRIL 11, 2022
Scammers are taking advantage of the active real estate market. Recently, I was contacted by a client who received a call from a lawyer in another state to verify a signature on a deed for the client’s lot being sold; however, my client was not selling the lot. After contacting the police department and property owners’ association, my client learned that a scammer attempted to sell the lot not once but twice with cash closings scheduled in the same week at the end of the month.
Nerd Wallet
APRIL 11, 2022
Housing costs are one of the biggest expenses for most households. But, whether you’re paying rent or a mortgage, it can be difficult or costly to earn credit card rewards for making these payments. With its innovative new credit card, Bilt Rewards seeks to change all that for renters. In this article, you’ll learn what. Lee Huffman writes for NerdWallet.
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?
Jimerson Firm
APRIL 11, 2022
Join Jimerson Birr on Saturday, May 14, 2022, for a free Community Association Board Member Certification Course. This is a DBPR-approved educational program designed for association board officers and directors. The course, led by Jimerson Birr Associate Attorney Bryan M. Davis , will help participants understand how effective associations can and should function, as well as how to become a more effective member of the team.
Nerd Wallet
APRIL 11, 2022
The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a.
Jimerson Firm
APRIL 11, 2022
In many condominium associations, unit owners sometimes question decisions made by the association’s board members. In Florida, those association board member decisions are governed by what is known as the business judgment rule. That rule affords broad protection to board decisions. One Florida court recently addressed the scope of the business judgment rule, as applied to a condominium association board’s decision-making power.
Nerd Wallet
APRIL 11, 2022
You pay sales tax on the purchase of a used car, just as you do a new vehicle. If your state has a sales tax that applies to vehicle purchases, you’ll have to pay that tax regardless of whether the car is new or used — and regardless of whether you buy from a dealership. Cara Smith writes for NerdWallet. Email: cara.smith@nerdwallet.com. The article Do You Pay Sales Tax on a Used Car?
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Fico Collections
APRIL 11, 2022
Some of the more frequent credit score related questions people ask are around the subject of a perfect FICO® Score: . . What is the perfect FICO® Score? How can I get a perfect FICO® Score? Does anyone have a perfect FICO® Score? What’s the typical credit profile of someone who has a perfect FICO® Score? . FICO® Scores are a sequence of three-digit numbers ranging from 300-850*.
Nerd Wallet
APRIL 11, 2022
The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. “FUD” is a shorthand term for a concept in business known as “fear, uncertainty and doubt.” The phrase is.
Collection Industry News
APRIL 11, 2022
Source- site. The pandemic forced Arizonans to do a lot of things they might not have done before — like getting to know their credit reports better than ever. Arizonans went from filing 6,600 complaints with the Consumer Financial Protection Bureau in 2020 to filing nearly 8,000 the next year, the most on record. And almost half of those were complaints about what consumers called incorrect information on their credit reports and unsatisfactory responses by the credit reporting companies, accor
Nerd Wallet
APRIL 11, 2022
At The Cauldron Co., a New York City bar, customers use wands to fill their glasses, make potions that change color and check their tabs on magic mirrors. It’s all part of the immersive fantasy experience created by co-founders Matthew Cortland and David Duckworth. Co-founders David Duckworth and Matthew Cortland. (Photo courtesy of The Cauldron. Whitney Vandiver writes for NerdWallet.
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.
Collection Industry News
APRIL 11, 2022
Source- site. In a ruling that splits the differences in a long-running legal battle between the positions of Ocwen and the Consumer Financial Protection Bureau, the Eleventh Circuit Court of Appeals has remanded the case to the original jurisdiction for a more detailed analysis. Previously, the Southern District Court of Florida granted Ocwen summary judgment on the remaining counts from a lawsuit filed in April 2017 by the CFPB and what would become 30 state regulators and attorneys general;
Nerd Wallet
APRIL 11, 2022
As one of the largest airlines in the United States, United Airlines features a wide route network and an enviable partnership within Star Alliance. United loyalists have a range of co-branded credit cards from which to choose, but what happens when you want more than one? Is it possible to have multiple United credit cards? Carissa Rawson writes for NerdWallet.
Collection Industry News
APRIL 11, 2022
Source- site. The student loan crisis is a hot topic of conversation in Washington because student debt is felt by a lot of us, 45 million of us to be exact, for a total debt of 1.6 trillion dollars. We often break our pink piggy bank that says student loan on it, in an attempt to pay back our debts. But sometimes we fall short and they follow us around everywhere we go.
Nerd Wallet
APRIL 11, 2022
If you have a stock of American Airlines miles saved up — possibly even from pre-pandemic days — you may be wondering if and when those miles expire. After all, you earned them, so you probably want to make sure you put them to good use on award travel. So when do American Airlines miles. Alisha McDarris writes for NerdWallet. Email: travel@nerdwallet.com.
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The experiences of every generation are characterized by their behaviors involving finances. Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers. This entertaining and informative eBook will help your financial institution uncover the best practices when it comes to appealing to mass audiences.
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