Account Recovery

FEBRUARY 23, 2021

When it released its debt collection rule, the Consumer Financial Protection Bureau did not make a lot of changes to how the Fair Debt Collection Practices Act restricts the use of harassing, oppressive, and abusive behavior, but it did make some subtle changes, and they are changes that collectors need to be aware of. In … The post Bedard Discusses Exceptions to Cease Communication Requests appeared first on AccountsRecovery.net.

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Fair Debt Collection Collections 239

Sawin & Shea

FEBRUARY 23, 2021

Are you dealing with the double battle of losing your job while deeply in debt? Now you’ve lost your source of income while already struggling to pay your bills. In this situation, you may be wondering whether bankruptcy could be a good solution. After all, it’s nearly impossible to make progress on paying down your debt when you’re unemployed. Let’s look at how bankruptcy works when you’re unemployed and whether this could be a path to clearing away all that old debt.

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Bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy 92

Account Recovery

FEBRUARY 23, 2021

The post-Kraninger Consumer Financial Protection Bureau announced its first enforcement action yesterday, and while it might not directly relate to the accounts receivable management industry, there are a number of insights that the industry can and should glean from the news. In conjunction with the Attorneys General of Virginia, New York, and Massachusetts, the CFPB … The post CFPB Announces First Enforcement Action Under New Leadership appeared first on AccountsRecovery.net.

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Accounts Receivables Management 230

Credit Corp

FEBRUARY 23, 2021

This post originally appeared in the Financially Independent Millennial. The views and opinions expressed in this article are those of the author only and are not endorsed by Credit.com. Table of contents. Planning to Save $5,000 In A Year Create a Budget Increase Your Insurance Deductible Cancel Your Unused Gym Membership Cancel Unnecessary Subscription Services Reduce Your Food Waste Cut Commuting Costs Save on Bank Account Fees Signup For Credit Card Bonuses And Rewards Sell Items You No Long

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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

FEBRUARY 23, 2021

A District Court judge in Massachusetts has denied a defendant’s motion to dismiss a Fair Credit Reporting Act case after it was sued for not properly investigating a dispute arising from an individual claiming loans taken out in his name were the result of identity theft. A copy of the ruling in the case of … The post Judge Denies MTD Over Reinvestigation of Dispute in FCRA Case appeared first on AccountsRecovery.net.

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Loans 200

Account Recovery

FEBRUARY 23, 2021

BEDARD DISCUSSES EXCEPTIONS TO CEASE COMMUNICATION REQUESTS When it released its debt collection rule, the Consumer Financial Protection Bureau did not make a lot of changes to how the Fair Debt Collection Practices Act restricts the use of harassing, oppressive, and abusive behavior, but it did make some subtle changes, and they are changes that … The post Daily Digest – February 23.

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Fair Debt Collection Collections 200

Nerd Wallet

FEBRUARY 23, 2021

If you’re suddenly unable to access your bank account or your debit card is declined, your account might have been closed. Having a closed bank account means that your account no longer exists. A frozen bank account can have similar consequences in the short term — it’s still open, but you can’t access the funds. Ruth Sarreal writes for NerdWallet. Email: rsarreal@nerdwallet.com.

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Banks 61

PDC Flow

FEBRUARY 23, 2021

Ogden, Utah– Digital.com , a leading independent review website for small business online tools, products, and services, has named PDCflow among the best digital signature software companies of 2021. The top systems were selected based on key features, advanced capabilities and integration tools. The finalists were chosen during a 40-hour assessment of over 70 solutions.

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Collections 59

Nerd Wallet

FEBRUARY 23, 2021

If you book a rental car with Avis, then take the extra step to enroll in the rental company’s Avis Preferred membership program. Avis Preferred is free to join, and as a member, you’ll earn Avis Preferred Points that can be used toward future rentals. Uniquely, you also have the option to earn miles and. Sally French writes for NerdWallet. Email: sfrench@nerdwallet.com.

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Collections

Troutman Sanders

FEBRUARY 23, 2021

Recently, the New York Court of Appeals issued decisions in four cases related to applying the statute of limitations to foreclose on a mortgage in New York. Most notably, in Freedom Mortgage Corporation v. Engel, the Court of Appeals established a bright-line rule that when the acceleration of a mortgage debt occurs by filing a foreclosure complaint, a lender’s voluntary discontinuance of that action constitutes a revocation of acceleration as a matter of law, absent an express, contempor

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Nerd Wallet

FEBRUARY 23, 2021

American Airlines has expanded basic economy fares to new destinations and updated baggage policies. These changes aim to “simplify the shopping experience for travelers and provide consistency across the airline’s network,” the airline says. However, there’s still plenty to be confused by in regard to American’s baggage and change fee policies. This expansion of basic.

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Troutman Sanders

FEBRUARY 23, 2021

In O’Toole v. Bob Roache Law , a Seventh Circuit District Court in Indiana granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act (FDCPA) case for lack of standing. In its holding, the court emphasized that allegations of “annoyance or confusion” without allegations of detrimental action taken as a result of the alleged annoyance or confusion, is insufficient to establish an injury in fact necessary to confer standing to an FDCPA plaintiff.

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Fair Debt Collection Collections 52

Nerd Wallet

FEBRUARY 23, 2021

Hyatt has already offered several promotions amid the COVID-19 pandemic, and registration is now open for a brand-new offer that starts next month. Beginning March 1, 2021, as part of the hotel chain’s new Bonus Journeys offer, Hyatt loyalists will have the following opportunities for elevated rewards: Earn 2,000 bonus Hyatt points for every two. Erin Hurd 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

Credit Management Company

FEBRUARY 23, 2021

Even before the pandemic hit, healthcare providers have known the importance of being respectful when contacting patients about outstanding bills. As a professional, you know better than to threaten or harass patients. If a person asks that you not call them at work, you honor that wish. Now, there are additional steps you must add to your debt collection practices.

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Fair Debt Collection Debt collector Collections Healthcare 52

Nerd Wallet

FEBRUARY 23, 2021

Being an Alaska Airlines MVP Gold 75K comes with plenty of perks to elevate your travel experience, but did you know that one of the greatest benefits isn’t even for yourself? Each year that you qualify as an MVP Gold 75K, you can gift MVP status — Alaska Airlines’ entry-level elite status — to a. Ben Nickel-D’Andrea writes for NerdWallet. Email: travel@nerdwallet.com.

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Public Citizen

FEBRUARY 23, 2021

The Consumer Financial Protection Bureau, Virginia, Massachusetts, and New York today sued a company called Libre by Nexus, Inc. and its owners for a predatory immigrant-services scam that traps victims into paying expensive, long-term fees. The complaint alleges that Libre preys on immigrants, primarily Hispanics, who speak little or no English and are being held in federal detention centers, by offering to pay their immigration bonds to secure their release.

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Nerd Wallet

FEBRUARY 23, 2021

Southwest Airlines serves over 100 destinations, most of which are within the United States. But, it also operates flights outside of the country, including flights to and from four airports in Mexico. If you’re planning a trip south of the border, you might consider booking with Southwest. Here’s what you can expect when booking Southwest. Natasha Gabrielle writes for NerdWallet.

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Collections

Burr Forman

FEBRUARY 23, 2021

Columbia Partner Corky Klett has been formally inducted as a Fellow of the Litigation Counsel of America (LCA). The LCA is a trial lawyer honorary society whose membership is limited to 3,500 Fellows, representing less than one-half of one percent of North American lawyers, judges, and scholars. Fellowship in the LCA is highly selective and by invitation only.

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Lawyers 40

Credit Corp

FEBRUARY 23, 2021

The following is a guest post by Eric Lindeen, of Anna Buys Houses. The second quarter of 2020 marked the highest U.S. mortgage delinquency rate (reported as 60-days past due) since 1979. Amidst the chaos of the pandemic, federal and state governments have made efforts to protect against the financial strain U.S. consumers are enduring—including mortgage payment forbearance of foreclosure.

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On Guard

FEBRUARY 23, 2021

Using CreditManager for Reporting and Monitoring. Monitoring payments and invoices and reporting on them is crucial in credit management. Yet, as we deal with growing volumes of data this can be tricky. Manually downloading, analysing, reporting on and monitoring financial data can be time-consuming, challenging and, on occasion, prone to human error.

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