Account Recovery

AUGUST 19, 2020

A District Court judge in New York has sided with the Consumer Financial Protection Bureau and agreed to enforce a Civil Investigative Demand that was sent to a collection law firm, a decision that the law firm’s lawyer has said will be appealed. The CFPB’s case against the Law Office of Crystal Moroney began more … The post Judge Sides With CFPB in CID Case Against Collection Law Firm appeared first on AccountsRecovery.net.

Law Firms 246

Law Firms Collections Lawyers 246

Nerd Wallet

AUGUST 19, 2020

Bank promotions consist of cash bonuses when you open a new checking or savings account. To qualify for this one-time perk, you’ll likely have to set up direct deposit with the bank and keep the account open for at least a few months. Some banks have looser rules than others; we’ve outlined those requirements below. Alice Holbrook is a writer at NerdWallet.

Banks 124

Banks 124

Account Recovery

AUGUST 19, 2020

The Office of Administrative Law — the agency in California that is responsible for dotting the i’s and crossing the t’s of new regulations — has officially signed off on the final version of the California Consumer Privacy Act, and those approved regulations are now in effect, according to a press release from California Attorney … The post Final CCPA Regs Issued by California AG appeared first on AccountsRecovery.net.

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Burr Forman

AUGUST 19, 2020

Like the majority of the country, Alabama essentially shuttered its economy in March in an effort to curb the rapid spread of COVID-19. As of July 2020, the State of Alabama began rapidly reopening for business, and retail and commercial office space is no exception. Although Alabama initially implemented COVID-19 related protections via Governor Ivey’s Executive Order dated April 3, 2020, this Order only protected residential tenants from eviction due to nonpayment of rent until June 1, 2020.

Retail 98

Retail Government Collections 98

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

AUGUST 19, 2020

A District Court judge in Utah has certified a Fair Debt Collection Practices Act class action case which accused a defendant of pursuing judgments on defaulted debts without registering as a debt collector in the state. A copy of the ruling in the case of Lawrence v. First Financial Investment Fund V can be accessed … The post Judge Certifies Class in FDCPA Case Over Lack of License appeared first on AccountsRecovery.net.

Fair Debt Collection 246

Fair Debt Collection Debt collector Judgment Collections 246

Account Recovery

AUGUST 19, 2020

JUDGE SIDES WITH CFPB IN CID AGAINST COLLECTION LAW FIRM A District Court judge in New York has sided with the Consumer Financial Protection Bureau and agreed to enforce a Civil Investigative Demand that was sent to a collection law firm, a decision that the law firm’s lawyer has said will be appealed. JUDGE CERTIFIES … The post Daily Digest – August 19.

Law Firms 147

Law Firms Collections Lawyers 147

Consumer Finance

AUGUST 19, 2020

The Consumer Financial Protection Bureau announced a settlement with TD Bank, N.A. regarding its marketing and sale of its optional overdraft service: Debit Card Advance (DCA).

Banks 77

Banks 77

Account Recovery

AUGUST 19, 2020

Scott Wortmann, Director of Professional Services at Beam Software, proudly continues his participation and support of the annual Day 4 Hope Back to School event. Day 4 Hope is an annual event by Hope 4 Communities that provides homeless and needy children with everything they need to begin the first day of school with dignity. … The post Beam Software’s Scott Wortmann Continues Annual Volunteerism with the Day 4 Hope Back to School Event appeared first on AccountsRecovery.net.

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Troutman Sanders

AUGUST 19, 2020

In a 9-3 vote earlier this month, the California Assembly Banking and Finance Committee approved legislation requiring a license for debt collectors and debt buyers, entitled the Debt Collection Licensing Act (SB 908) (DCLA). The DCLA would prohibit a person from engaging in the business of collecting on a consumer debt in this state without a license and comply with reporting, examination, and other oversight by the California Department of Business Oversight (DBO).

Credit Unions 59

Credit Unions Credit Unions Collections Fair Debt Collection 59

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Collections

Account Recovery

AUGUST 19, 2020

A District Court judge in Kansas has granted a defendant’s motion for summary judgment in a Telephone Consumer Protection Act case, becoming the latest to wade in and choose sides on how an automated telephone dialing system is defined. A copy of the ruling in the case of Hampton v. Barclays Bank Delaware can be … The post Kansas Judge Sides with Seventh, Eleventh Circuits in Defining ATDS appeared first on AccountsRecovery.net.

Judgment 147

Judgment Banks 147

Nerd Wallet

AUGUST 19, 2020

The Marriott Bonvoy Bold™ Credit Card doesn’t get as much attention as the more premium Marriott cards like the Marriott Bonvoy Boundless™ Credit Card, but this $0 annual fee card offers valuable benefits usually seen on other travel credit cards with annual fees. You earn 3 points per dollar when you use the card to. Dustin Waller is a writer at NerdWallet.

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Payment Savvy

AUGUST 19, 2020

Account Receivables Management is a set of procedures aimed at managing credit sales. It includes evaluating a client’s creditworthiness, outlining the terms of a credit sale, and developing an appropriate process for receivables collection. Simply put, it’s about ensuring customers pay their invoices. Account receivables are shown on a company’s balance sheet and, in most cases, listed as a short-term asset.

Accounts Receivables Management 52

Accounts Receivables Management Creditworthiness Collection Agencies Collections Agency 52

Nerd Wallet

AUGUST 19, 2020

If you’re looking for an exciting way to practice social distancing, buy an off-road vehicle and explore the great outdoors. But first, make sure you choose an SUV or truck that can handle the level of adventure you’re seeking. When you go off the grid, “you know there will be obstacles, but you don’t exactly. Philip Reed is a writer at NerdWallet. Email: articles@nerdwallet.com.

Loans 52

Loans 52

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

AUGUST 19, 2020

On August 13, 2020, the Oregon Bankers Association (“OBA”) and three Oregon-chartered banks filed a Complaint for declaratory and injunctive relief against the State of Oregon, Oregon’s Attorney General, and the Director of the Oregon Department of Consumer and Business Services. The Complaint alleges that House Bill 4204 (“HB 4204” or “the Bill”) is unconstitutional and requests the defendants be enjoined from the Bill’s provisions.

Banks 52

Banks Lender Trade Loans 52

Nerd Wallet

AUGUST 19, 2020

Although some countries are slowly opening up for tourism as the coronavirus pandemic ebbs and flows around the world, constantly changing entry restrictions can create a risk for travelers booking non-refundable trips. Luckily, many airlines and hotels are offering loosened change and cancellation policies to make it easier for travelers to modify their plans.

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Better Credit Blog

AUGUST 19, 2020

Your credit report is like a report card for your credit history. If you receive a public judgment from a court regarding one of your debts, you can end up with an entry on your credit report. These entries are extraordinarily difficult to get rid of, and they can remain on your credit report for up to seven years. If you are curious about how to remove a public record from your credit report, check out our full article to find out what to do for different types of public records.

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Foreclosure Bankruptcy Judgment Banks 52

Micro Bilt

AUGUST 19, 2020

Lenders using MicroBilt's Instant Bank Verification gain immediate insight into the banking information necessary to make more accurate decisions in the lending process.

Lender 52

Lender Banks 52

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Collections

Taurus Collect

AUGUST 19, 2020

This year has been more than challenging for UK businesses with the evolving COVID situation and No Win No Fee Debt collection is becoming more important than it has ever been. As a b2b collection agency, we feel it is our duty to help businesses from all industries collect debts quickly. Despite the governments attempts to mitigate late payment with schemes such as the Prompt Payment code , companies continue to delay payments.

Collection Agencies 40

Collection Agencies Collections Agency Collections Debt collector 40

Better Credit Blog

AUGUST 19, 2020

Credit scores affect almost every aspect of your financial life, but what affects them? While some factors that impact your score are obvious, like your payment history, others might surprise you. You’ll never have to puzzle over your credit report again, wondering what could have changed your score or how to strategically work to repair it. In the article below, we’ll walk you through the 5 factors that influence your credit score, as well as a few that don’t, providing you with tips to boost y

Student loans 60

Student loans Student Loans Lender Loans 60