Account Recovery

DECEMBER 1, 2021

Given all the blood, sweat, and tears that went into bringing Regulation F into this world, I would have expected the Consumer Financial Protection Bureau to do something to commemorate the enactment of the debt collection rule yesterday, but it instead chose a more understated approach, opting to take the opportunity to educate consumers about … The post CFPB Publishes Guide to Help Consumers Understand Reg F appeared first on AccountsRecovery.net.

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Education Collections 246

American Profit Recovery

DECEMBER 1, 2021

We’ve always been big advocates when it comes to educating consumers on their rights when it comes to debt collections as well as how to effectively work with a collector to take care of financial obligations. Our professional debt collectors maintain honest and open communications when they’re doing their job and they provide the resources available to make sound decisions.

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Debt collector Collections Education Collection Agencies 208

Account Recovery

DECEMBER 1, 2021

A District Court judge in New York has dismissed two cases — one of them a class action — that alleged the defendants violated the Fair Debt Collection Practices Act by sending private information to a third-party vendor to print and mail collection letters that were received by the plaintiffs, ruling that the information that … The post Judge Dismisses Two Hunstein Cases for Lack of Standing appeared first on AccountsRecovery.net.

Fair Debt Collection 246

Fair Debt Collection Collections 246

Consumer Finance

DECEMBER 1, 2021

Banks continue to rely heavily on overdraft and non-sufficient fee (NSF) revenue, which reached an estimated $15.47 billion in 2019, according to research released today by the Consumer Financial Protection Bureau (CFPB).

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Banks 135

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

DECEMBER 1, 2021

Richard Cordray, the former Director of the Consumer Financial Protection Bureau and the current Chief Operating Officer of Federal Student Aid, is being considered for the post of the Federal Reserve’s top banking regulator, according to a number of published reports. Cordray, who was Attorney General of Ohio before joining the CFPB, has the backing … The post Cordray On Short List to be Top Banking Regulator at Fed appeared first on AccountsRecovery.net.

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Banks 246

Account Recovery

DECEMBER 1, 2021

JUDGE DISMISSES TWO HUNSTEIN CASES FOR LACK OF STANDING A District Court judge in New York has dismissed two cases — one of them a class action — that alleged the defendants violated the Fair Debt Collection Practices Act by sending private information to a third-party vendor to print and mail collection letters that were … The post Daily Digest – December 1.

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Fair Debt Collection Collections 245

Nerd Wallet

DECEMBER 1, 2021

As a small-business owner, building trust with customers and vendors is essential. One way to build that trust is by offering a certificate of liability insurance, which shows you have the necessary coverage to protect your business and the people it serves. What is a certificate of liability insurance? A standard certificate of insurance, or. Katherine Fan writes for NerdWallet.

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Account Recovery

DECEMBER 1, 2021

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant … The post New Job Listings – December 1 appeared first on AccountsRecovery.net.

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Accounts Receivables Management 242

Nerd Wallet

DECEMBER 1, 2021

Capital One announced today that it will do away with overdraft and nonsufficient funds fees on its retail accounts, making it the latest in a growing number of banks, neobanks and other financial institutions that are working to ease the cost of consumer banking. The free overdraft protection will be offered to all customers in early. Chanelle Bessette writes for NerdWallet.

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Financial Institution Retail Banks 96

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Collections

UK debt collections

DECEMBER 1, 2021

Historic Welsh Football Club Bangor City have been suspended from all football related activities due on ongoing issues with unpaid wages. The Football Association of Wales made the a ruling on the 29th October stating that the club must pay its unpaid debts by way of salaries to staff within 31 days or face suspension from football activities. The deadline has now passed and the Football Association have confirmed that Bangor City have failed to comply with the ruling.

Collections 59

Collections 59

Nerd Wallet

DECEMBER 1, 2021

A winery is often several businesses wrapped into one — a farm, a manufacturing facility, a retail store, a bar and even a restaurant. Specialized insurance for wineries can help protect all aspects of your operation, combining standard business insurance policies like general liability and workers’ compensation with enhancements to cover issues like leakage, contamination and.

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Manufacturing Retail 96

NCBA Law Practice Management Blog

DECEMBER 1, 2021

The best and highest use of an attorney’s time is focused on one of two things: (1) billing at the highest possible rate; (2) closing new business that can be billed at the highest possible rate. I call that ‘practicing at the top of your law license’. And, pretty much everything else is window dressing, when it comes right down to it. Of course, adopting this approach usually requires a change in process management for faw firms.

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Law Firms Lawyers Creditors 52

Nerd Wallet

DECEMBER 1, 2021

Of Americans who plan to put 2021 holiday travel expenses on a credit card, the average they plan to charge is $1,471, a September 2021 NerdWallet survey found. That’s a lot of money to spend on flights and hotels, especially when you consider that only 21% of those surveyed say they’ll pay it off in the. Elina Geller writes for NerdWallet. Email: egeller@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

Burr Forman

DECEMBER 1, 2021

On November 30, 2021, the Western District of Louisiana entered an order prohibiting the U.S. Department of Health and Human Services and Centers for Medicare and Medicaid Services (“CMS”) from implementing and enforcing the CMS COVID-19 Health Care Staff Vaccination Interim Final Rule (“Final Rule”) that was issued on November 5, 2021.

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Healthcare 52

Nerd Wallet

DECEMBER 1, 2021

As if the pandemic hasn’t done enough to disrupt travel this year, the weather only made things worse. 2021 has been a particularly bad year for natural disasters in the United States. As of Oct. 8, the National Centers for Environmental Information reports that 18 weather and climate events have caused over a billion dollars. Sam Kemmis writes for NerdWallet.

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Burr Forman

DECEMBER 1, 2021

Tip Credits under the Fair Labor Standards Act. The Fair Labor Standards Act (“FLSA”) generally permits employers to pay tipped employees less than the minimum hourly wage, provided that the tips the employee receives are at least equal to the difference between the required cash wage (which must be at least $2.13 per hour) and the federal minimum wage and the employee is given appropriate notice.

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Consumer Finance

DECEMBER 1, 2021

Director Rohit Chopra remarks at a press call on overdraft fees.

Banks 67

Banks 67

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Collections

NACM

DECEMBER 1, 2021

Stocks took a major hit yesterday as fears over the recently discovered Omicron coronavirus variant brewed. Federal Reserve Chair Jerome Powell also shared before Senate that he no longer believes inflation is "transitory," noting new factors—like Omicron—could mean high inflation will stick around well into next year.Growing concerns abo.

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Troutman Sanders

DECEMBER 1, 2021

On November 29, House Financial Services Committee Chairwoman Maxine Waters (D-CA) and committee member Bill Foster (D-IL) sent a letter to the leaders of multiple federal regulators, asking them to monitor technological development in the financial services industry to ensure that algorithmic bias does not occur. The letter was sent to the following individuals: Jerome Powell, Chairman, Board of Governors of the Federal Reserve System (the Fed).

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Financial services Financial Institution Credit Unions Credit Unions 52

Troutman Sanders

DECEMBER 1, 2021

On November 10, a group of Democratic senators sent a letter to Consumer Finance Protection Bureau (CFPB) Director Rohit Chopra, requesting that the CFPB take a proactive stance in its regulation of consumer reporting agencies (CRAs). The group, led by Sen. Brian Schatz (D-HI) and which includes Sens. Elizabeth Warren (D-MA) and Sherrod Brown (D-OH), specifically asked the CFPB to evaluate errors and ensure equity in credit reporting.

Trade 52

Trade 52