Fri.Aug 18, 2023

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Being proactive with your accounts receivables is a must

American Profit Recovery

By Greg: Is it me, or did this summer fly by? I was blindsided the other day by my wife and daughter going school shopping. I mean, already ? It never ceases to amaze me how quickly the summer goes by. You can easily become overwhelmed by all the yardwork projects you haven’t started and all the fun family activities you talked about all winter but have not done yet.

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Collector Facing Class-Action for Allegedly Not Including Full Dispute Language in Letter

Account Recovery

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more?

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Turning up the Heat – A Look at the FTC’s Groundbreaking Fine Against Bankrupt Digital Asset Services Provider Celsius Network LLC

Troutman Sanders

In this episode of The Crypto Exchange , Troutman Pepper Partner Ethan Ostroff welcomes his colleagues Kim Phan and Addison Morgan to discuss the recent enforcement actions brought by the Federal Trade Commission (FTC) against Celsius Network and its co-founders. In addition to permanently banning Celsius Network from consumers’ assets, the FTC also fined the company a near record-breaking $4.7 billion.

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CFPB Fines Lender $1.75M For Illegal Kickbacks

Account Recovery

The Consumer Financial Protection Bureau yesterday announced a mortgage lender was being fined $1.75 million for providing illegal incentives to real estate brokers and agents for referring business to the lender, including cash payments, paid subscription services, and catered parties.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

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.

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Maryland Issues Guidance on Earned Wage Access Products

Troutman Sanders

On August 1, Maryland’s Office of Financial Regulation (OFR) issued guidance to “provide clarity on how [the OFR] views Earned Wage Access [EWA] products and to describe the requirements entities offering these products must adhere to.” Unfortunately, the guidance largely fails to deliver the promised clarity. The OFR states that EWA products allow “consumers to obtain access to wages that they have earned but not yet received via employer payroll.

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More Trending

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Responsorial: How to Communicate with Reviewers Online

NCBA Law Practice Management Blog

Generally speaking, there are three types of reviews you’ll get online: great, middling and poor. You can ( and perhaps, should ) respond to every last one; but, each one requires a different level of tact. If you’re given a poor review online, you’re likely to be pretty peeved ; but, you can’t respond in kind, or release client confidences (ethics rules, people!

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Essayist Argues Paying Debts is ‘Optional’ for Consumers

Account Recovery

Paying debts in the United States is optional for consumers and relies upon consumers feeling “morally bound” to repay the debts, according to an essay that was published last week and is starting to get picked up by different news sites across the country.

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Last Child: Document Assembly Is Your Next Step

NCBA Law Practice Management Blog

Have you ever had to write a client’s name over and over again – so many times , that you mess it up? They really hate that. How about adding the last of 5 children to an estate plan ? Now, was her middle name Elise of Eliza ? Honestly, who even knows any more. These sorts of simple errors are really obnoxious for clients; but, it’s also totally understandable why attorneys commit them.

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Daily Digest – August 18. Collector Facing Class-Action for Allegedly Not Including Full Dispute Language in Letter; Judge Recommends Denying Defendant’s MSJ in FDCPA Case Over Disputed Debt

Account Recovery

Collector Facing Class-Action for Allegedly Not Including Full Dispute Language in Letter Judge Recommends Denying Defendant’s MSJ in FDCPA Case Over Disputed Debt Essayist Argues Paying Debts is ‘Optional’ for Consumers CFPB Fines Lender $1.75M For Illegal Kickbacks LJ Ross Associates Partners with Skit.

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When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

Are you finding some snags in your collections process? With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

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How to Speak the Language of Sales

NACM

It might feel like the credit and sales teams are speaking two completely different languages. But by putting the company's goals and objectives first, both departments can become an unstoppable force in driving positive business results.Learn more about the credit and sales relationship on today's episode of the Extra Credit podcast!

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