Fri.Jul 01, 2022

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N.J. Appeals Court Upholds Ruling Over Suit Filed During Pandemic

Account Recovery

A New Jersey Appeals Court has upheld a ruling in favor of a debt collector that was sued for filing a collection lawsuit against an individual, after the individual claimed, among other issues, that the collector should not have been allowed to file suit during the pandemic because of a clause in the agreement with … The post N.J. Appeals Court Upholds Ruling Over Suit Filed During Pandemic appeared first on AccountsRecovery.net.

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How to Work with Enterprise Recovery When Clients Don't Pay

Enterprise Recovery

When you've exhausted time and resources chasing down an unpaid invoice, it's time to send that invoice to third-party collections. If the client isn't responsive to your efforts to connect or they're refusing to pay or cannot pay, it's time to send the account to third-party collections. If you've written off the account as bad debt, it's still time to send it to third-party collections.

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Judge Refuses to Allow Incentive Award for Named Plaintiff in FDCPA Class Action

Account Recovery

A District Court judge in Utah has approved a requested award for attorney’s fees in a Fair Debt Collection Practices Act case, but lowered the award for the named plaintiff in the class-action case, ruling that an incentive award beyond what is statutorily allowed was not authorized under the FDCPA. A copy of the ruling … The post Judge Refuses to Allow Incentive Award for Named Plaintiff in FDCPA Class Action appeared first on AccountsRecovery.net.

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Small Businesses Are Steady Now but Worry About the Future

Nerd Wallet

Small-business owners are faring OK financially right now, but their worries about the future are mounting, according to a new Small-Business Financing Index from NerdWallet. This is the first installment of the NerdWallet SMB Financing Index. It tracks and weights data from multiple sources, beginning in December 2021. Future index readings are always relative to.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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Daily Digest – July 1. N.J. Appeals Court Upholds Ruling Over Suit Filed During Pandemic; Groups Call For Extension of Student Loan Payment Pause

Account Recovery

N.J. APPEALS COURT UPHOLDS RULING OVER SUIT FILED DURING PANDEMIC A New Jersey Appeals Court has upheld a ruling in favor of a debt collector that was sued for filing a collection lawsuit against an individual, after the individual claimed, among other issues, that the collector should not have been allowed to file suit during … The post Daily Digest – July 1.

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CFPB Accepting Applications for Advisory Committees, Including CAB

Account Recovery

The Consumer Financial Protection Bureau announced yesterday that it will begin accepting applications from individuals who would like to participate in one of its four advisory committees, including the Consumer Advisory Board. Applications will be accepted starting July 5 and must be submitted before July 24. The committee that is closest to the accounts receivable … The post CFPB Accepting Applications for Advisory Committees, Including CAB appeared first on AccountsRecovery.net.

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Getting Therapy When Cost and Access Are a Barrier

Nerd Wallet

The race to find mental health treatment can feel like a marathon when you may not have the energy or ability to even make it to the starting line. You may be faced with limited affordable options and a lack of available therapists. “Prior to the pandemic, we had an inadequate workforce to meet the. Sara Rathner writes for NerdWallet. Email: srathner@nerdwallet.com.

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Groups Call on Biden to Extend Student Loan Payment Pause

Account Recovery

A group of 176 different organization and advocacy groups sent a letter to President Biden yesterday, calling on him to extend the student loan payment moratorium that is set to expire on August 31, saying that individuals are not “financially prepared” to resume making payments into a system “plagued by mismanagement, corruption, and abuse.” A … The post Groups Call on Biden to Extend Student Loan Payment Pause appeared first on AccountsRecovery.net.

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Best Credit Cards for Star Alliance Airlines

Nerd Wallet

If you’re loyal to one or more Star Alliance airlines, such as United Airlines, Air Canada, Lufthansa, Turkish Airlines or All Nippon Airways (ANA), it can make sense to carry a credit card that offers rewards and perks you can use within that airline partnership. Good choices include airline-branded cards from Star Alliance carriers and. Gregory Karp writes for NerdWallet.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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Five Stories that Matter in Michigan This Week – July 1, 2022

Fraser

Five Stories that Matter in Michigan This Week – July 1, 2022; Legal, Legislative, and Regulatory Insights. Bills Easing Regulations on Michigan Child Care Providers Signed Into Law. Governor Whitmer recently signed into law Michigan House Bills 5041-5048, which increase the number of children family child care and group care homes can serve, and also lowers the minimum age for workers at such businesses.

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How Paying Rent With Bilt Can Net You a Free Disney Trip

Nerd Wallet

Bilt Rewards, a loyalty program that allows you to earn rewards on rent (a common expense that typically doesn’t earn most people rewards), just launched a new way to redeem the rewards you’ve racked up. On Thursday, June 30, Bilt launched a travel portal that lets you redeem your points at a value of 1.25. Sally French writes for NerdWallet. Email: sfrench@nerdwallet.com.

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Another Win for Banks: Illinois Federal Court Tosses Wire Fraud Claims

Troutman Sanders

A recent decision out of the Northern District of Illinois should help banks defend against increasingly common claims involving fraudulent wire transfers. In Trivedi v. Bank of America, et al. , the district court granted the defendant banks’ motions to dismiss, holding that the plaintiff’s common law claims were preempted by the Illinois Uniform Commercial Code (UCC), the consumer fraud claims failed to meet R. 9(b)’s heightened pleading standard, and claims under the Electronic Funds Transfer

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How Booking.com’s Best Price Match Works

Nerd Wallet

Booking travel can often be a stressful process — and this is especially true if you’re looking to get a good deal. Between different hotel chains, online travel agencies, sales and credit card portals, how are you supposed to know where to go? One of the places you may end up on your search is. Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com.

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Agent Tooling: Connecting AI to Your Tools, Systems & Data

Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.

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Articles on Preserving Devices, Communication in Probate Litigation

McLane

The following article was published in the Union Leader on November 7, 2021: Know the Law: Emails, Texts and iPhones: Preserving Devices, Communication in Probate Litigation. Q: My mom passed away a few months ago, and my sister is challenging the estate plan. She is asking for my mom’s texts and emails. I tried to access my mom’s phone, but I did not know her passcode and now I’m locked out.

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The Top Dividend Aristocrats by Yield

Nerd Wallet

John D. Rockefeller once said, “Do you know the only thing that gives me pleasure? It’s to see my dividends coming in.” Whether you agree or not, you can’t blame Rockefeller for being excited about his dividend income. It’s a powerful tool for compounding wealth over the long term. From January 2000 to January 2020, Sam Taube writes for NerdWallet. Email: staube@nerdwallet.com.

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Global Fraud Trends: What’s Happening and What’s Next?

Fico Collections

Home. Blog. FICO. Global Fraud Trends: What’s Happening and What’s Next? Here are the highlights from the fraud trends breakout session at FICO World 2022 with a panel of fraud professionals from Brazil, Turkey and North America. FICO. Tue, 07/02/2019 - 02:45. by TJ Horan. expand_less Back To Top. Fri, 07/01/2022 - 13:40. A lot has changed since the last pre-pandemic FICO World conference, held in November 2019 in New York City.

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A Guide to Alaska Flights to Mexico

Nerd Wallet

Alaska Airlines is a favorite of many travelers — particularly those on the West Coast. If you’re looking at heading to Mexico, the Seattle-based airline is a great option. But Alaska-loyal travelers who aren’t based in the west aren’t out of luck either. You can use Alaska Mileage Plan miles to fly with Alaska’s Oneworld. JT Genter writes for NerdWallet.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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New Episode of Extra Credit Podcast is Here!

NACM

This week's episode of NACM's Extra Credit #podcast is jam-packed with info for credit professionals! Predictive default risk modeling; succession planning; the June Credit Managers' Index. learn about it all by listening here:[link].

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Hartville Pet Insurance Review 2022

Nerd Wallet

Plans offered: Accident and illness, accident-only, wellness. Breadth of coverage: Excellent.Range of plan options: Good.Can pay your vet directly: Yes. The bottom line: Offers a range of coverage options, including two preventive care packages. How we review pet insurance Our writers and editors follow strict editorial guidelines that ensure fairness and accuracy in order to.

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US Chamber of Commerce Launches Campaign to Rein in CFPB

Troutman Sanders

On June 28, the U.S. Chamber of Commerce (Chamber) launched a focused campaign to highlight what it describes as unlawful regulatory overreach by the Consumer Financial Protection Bureau (CFPB or Bureau) and, specifically, new CFPB Director Rohit Chopra. “At every turn,” writes Chamber Executive Vice President and Chief Counsel Daryl Joseffer, the CFPB is pushing an activist agenda “without advance public participation or approval.

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Best Medicare Part D Prescription Drug Plans in 2022

Nerd Wallet

Medicare Part D plans cover prescription drugs. Medicare beneficiaries with Medicare Part A and/or Part B are eligible to buy a Part D plan to add prescription drug coverage to Original Medicare. It’s best to sign up for Medicare prescription drug coverage as soon as you’re eligible, even though Part D is technically optional. If. Alex Rosenberg writes for NerdWallet.

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Future-Proof Your Firm: Smarter Tech for Stronger Returns & Simpler Workflows

Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!

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Is CFPB’s UDAAP/Discrimination Announcement at Risk Under SCOTUS Decision in West Virginia v. EPA?

Troutman Sanders

When the Consumer Financial Protection Bureau (CFPB or Bureau) unveiled its UDAAP exam manual at the end of March 2022, announcing that it had decided to interpret the word “unfair” in Dodd-Frank to prohibit discrimination, even where specific statutes like the Equal Credit Opportunity Act do not apply, we expressed skepticism about the viability of the CFPB’s position if the issue were ever litigated.

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Delta Comfort Plus vs. Main Cabin

Nerd Wallet

Whatever happened to the old days when aircraft cabins were simply divided into first class and economy? Now, we often find first class, business class, premium economy and basic economy. It can be difficult to decide where to sit on a plane when it’s divided into multiple classes of service and called a different name. Anya Kartashova writes for NerdWallet.

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Article on Creditor Claim Processes and Deadlines

McLane

The following article was published in the Union Leader on August 1, 2021: Know the Law: Getting Credit – Creditor Claim Process and Deadlines. Q: Before my mom died, I took care of her. I spent about 10 hours per week providing caregiving services and coordinating medical visits and a schedule of visiting nurses. My mom repeatedly said that I would be compensated for my time.

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Cost of Goods Sold (COGS): Definition and How to Calculate It

Nerd Wallet

Cost of goods sold, sometimes referred to as COGS, is the total cost a business has paid out of pocket to sell a product or service. It represents the amount that the business must recover when selling an item to break even before bringing in a profit. Calculating cost of goods sold is simple and. Whitney Vandiver writes for NerdWallet. Email: wvandiver@nerdwallet.com.

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How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?