Account Recovery

JULY 1, 2022

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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Enterprise Recovery

JULY 1, 2022

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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Account Recovery

JULY 1, 2022

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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Nerd Wallet

JULY 1, 2022

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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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

JULY 1, 2022

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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Account Recovery

JULY 1, 2022

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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Nerd Wallet

JULY 1, 2022

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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Account Recovery

JULY 1, 2022

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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Nerd Wallet

JULY 1, 2022

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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Collections

Troutman Sanders

JULY 1, 2022

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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Nerd Wallet

JULY 1, 2022

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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Troutman Sanders

JULY 1, 2022

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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Nerd Wallet

JULY 1, 2022

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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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

JULY 1, 2022

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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Nerd Wallet

JULY 1, 2022

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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McLane

JULY 1, 2022

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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Nerd Wallet

JULY 1, 2022

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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Collections

Fico Collections

JULY 1, 2022

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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Nerd Wallet

JULY 1, 2022

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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McLane

JULY 1, 2022

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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Nerd Wallet

JULY 1, 2022

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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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.

NACM

JULY 1, 2022

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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Credit Management 4

Nerd Wallet

JULY 1, 2022

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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Fraser

JULY 1, 2022

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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Nerd Wallet

JULY 1, 2022

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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