Account Recovery

APRIL 30, 2021

The Federal Trade Commission has reached a $20 million settlement with a company accused of violating the Fair Credit Reporting Act by improperly obtaining individuals’ credit reports and the FTC’s Red Flags Rule for failing to implement an identity theft program. The company, Vivint Smart Homes, will pay a $15 million civil penalty and $5 … The post FTC Fines Company $20M For FCRA Violations appeared first on AccountsRecovery.net.

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Trade 246

Enterprise Recovery

APRIL 30, 2021

Collecting past due debts from your customers and clients is an unfortunate part of the accounts receivable process. It's 'unfortunate' because not every customer will pay on time but it doesn't have to be contentious or ugly. Your client will be aware of what they owe, when they owe and how to pay via your contract agreement. But even beyond that, there are steps you can take to ensure payment from your collections efforts.

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Collections 130

Account Recovery

APRIL 30, 2021

A District Court judge in Washington has partially granted a defendant’s motion for summary judgment while denying a plaintiff’s motion for the same ruling in a Fair Debt Collection Practices Act case in which the defendant attempted to collect a debt from the plaintiff, who claims not to have incurred the debt in question. A … The post Judge Partially Grants MSJ for Defendant Accused of Attempting to Collect From Wrong Person appeared first on AccountsRecovery.net.

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Fair Debt Collection Collections Judgment 246

Nerd Wallet

APRIL 30, 2021

I get it. It’s easy to shop on Amazon. Running low on toilet paper? Need lightbulbs? Want a bath caddy on a whim? With two clicks and even less thought, the item you need/want/desire is at your doorstep, often in 48 hours or less. Shopping locally requires more thought. Supporting small businesses is an intentional. Kelsey Sheehy writes for NerdWallet.

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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

APRIL 30, 2021

JUDGE PARTIALLY GRANTS MSJ FOR DEFENDANT ACCUSED OF ATTEMPTING TO COLLECT FROM WRONG PERSON A District Court judge in Washington has partially granted a defendant’s motion for summary judgment while denying a plaintiff’s motion for the same ruling in a Fair Debt Collection Practices Act case in which the defendant attempted to collect a debt … The post Daily Digest – April 30.

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Fair Debt Collection Judgment Collections 228

Account Recovery

APRIL 30, 2021

A security researcher who is also a student uncovered a technical flaw that allowed him — and anyone else who realized it — to look up the credit scores of any individual by using just that person’s name and address using an interface called an API from Experian, according to a published report. While the … The post Researcher Uncovers Flaw Exposing Credit Scores of Most Americans appeared first on AccountsRecovery.net.

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Nerd Wallet

APRIL 30, 2021

The price of weddings is substantial, with receptions alone expected to reach an average of $22,500 in 2021, according to wedding planning site The Knot. To help you figure out how much you’ll spend on your big day, NerdWallet’s wedding costs calculator provides a budgeting framework for the ceremony and reception, while also showing how. Lauren Schwahn writes for NerdWallet.

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Account Recovery

APRIL 30, 2021

The majority of the seven individuals chosen to serve as the debt collection advisory committee for the California Department of Financial Innovation are from the accounts receivable management industry, which is a good thing because one of their first jobs will be to help build the state’s new debt collection licensing program. The members of … The post 5 of 7 Spots on DFPI’s New Debt Collection Committee Awarded to Industry Experts appeared first on AccountsRecovery.net.

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Accounts Receivables Management Collections 173

Roths Child Law

APRIL 30, 2021

Debt can quickly mount if you don't aggressively address it early on. Many consumers who find themselves unable to pay their bills look to different debt relief options to gain a fresh financial start, including bankruptcy. Chapter 7 bankruptcy can provide you with that clean financial slate that you're looking for where you can wipe away most of your debts.

Chapter 7 bankruptcy 98

Chapter 7 bankruptcy Bankruptcy Repossession Collateral 98

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Collections

Nerd Wallet

APRIL 30, 2021

Before you ask how to start a T-shirt business, take a minute to consider why you want to start a T-shirt business. Do you have great designs that you want to share with the masses? Do you see that the promotional products or uniforms niche is under-served in your area? The reasons for starting your foray into the T-shirt. Eric Goldschein writes for NerdWallet.

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Fraser

APRIL 30, 2021

On April 19, 2021, the Michigan Department of Treasury issued a notice (the “Notice”) announcing Michigan’s conformity to the federal income tax treatment of loans (“PPP Loans”) issued under the Paycheck Protection Program. The Notice also sets forth additional guidance for individual and corporate taxpayers regarding various income tax issues raised by the federal loan program.

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Loans Government 86

Nerd Wallet

APRIL 30, 2021

Law business accounting is unique. In addition to basic accounting responsibilities, law firms must also maintain and reconcile Interest on Lawyers Trust Accounts (IOLTA), track and bill time spent on client work and produce easy-to-understand invoices. This is why it often makes sense for small law firms to choose accounting software specifically designed for law businesses.

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Law Firms Lawyers 95

Credit Corp

APRIL 30, 2021

This article originally appeared on Your Money Geek and has been republished with permission. Spring is a time of renewal, and it certainly extends to space we now spend most of our time in; our home. Throughout the pandemic, home improvement projects have been on the rise. With so many people staying put and not looking to move in a low inventory housing market, homeowners are upgrading and retooling their residences.

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Loans Personal loans 80

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

Nerd Wallet

APRIL 30, 2021

Just in time for National Small Business Week, Chase is offering elevated point values toward some coveted Apple products that could come in handy for business owners. From May 1 to May 31, 2021, holders of select Chase Ink cards will get more value for their points when they redeem them toward Apple products through. Funto Omojola writes for NerdWallet.

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Burr Forman

APRIL 30, 2021

Burr & Forman LLP announces the appointment of April Mason as the new office managing partner of the firm’s Birmingham location, which is the largest of the firm’s 19 offices with nearly 130 attorneys. She succeeds Gary M. London in this role, who has served in this role for the past eight years. “April is an accomplished attorney whose commitment to excellence and service, both for clients and in the community, have earned her the immense respect of her colleagues,” said Ed Christian , Chie

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Acquisition Manufacturing Healthcare Government 52

Nerd Wallet

APRIL 30, 2021

If you’ve been considering payroll services for your small business, you’ve probably come across Automatic Data Processing, or ADP. Founded in 1949, ADP is a huge name in the business world and has developed software to help businesses of all sizes pay and hire employees, as well as provide benefits. ADP may not be right. Nina Godlewski writes for NerdWallet.

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Troutman Sanders

APRIL 30, 2021

Date: May 10 – 13, 2021. We are pleased to announce that Troutman Pepper attorneys, David Anthony , Angelo Stio III , and Troy Jenkins , will present the panel, “Racial Equity and Fair Lending Standards: What You Need to Know” on May 11 at the virtual OLA’s 2021 Compliance University. The panel will answer the question, “How will the new emphasis on racial equity impact fair lending standards as regulators increasingly focus on this area?

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Lender 52

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Collections

Nerd Wallet

APRIL 30, 2021

Choosing a business entity structure for your company is one of the most important—but potentially most confusing—decisions you’ll make as a small business owner. Unless you’re a lawyer or tax expert, the differences between each type of business entity can be hard to understand in real-life terms. However, your choice of business entity does have real-world.

Lawyers 81

Lawyers 81

Better Credit Blog

APRIL 30, 2021

The highest credit score you can have is an 850 on commonly used credit score models. Few achieve this financial feat because it requires consistent and sound credit-building habits, and time. Scores fluctuate as new data is added to your credit reports, so achieving a perfect credit score is likely a temporary accomplishment if you do get there. There are several versions of credit scoring models.

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Creditworthiness Lender Creditors Banks 52

Nerd Wallet

APRIL 30, 2021

What do you get when you cross entrepreneurial spirit with a love for animals? Pet business ideas. For those who love to work with animals and also want to start a business, there’s nothing better than combining a passion with a way to make a lucrative—and fulfilling—career. Of course, launching a business and making it. Page Grossman writes for NerdWallet.

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TCPA

APRIL 30, 2021

The Eastern District of Texas recently dismissed a plaintiff’s TCPA claim in Cunningham v. Matrix Financial Services, LLC, No. 4:29-cv-896 (E.D. Tex. Mar. 31, 2021) for lack of subject matter jurisdiction.

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Financial services 52

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.

Nerd Wallet

APRIL 30, 2021

Deserve — the company behind the Deserve® EDU Mastercard for Students — has launched a new rewards-earning credit card that’s mobile-first and focused on convenience. The new Digital First Card is a virtual product, so there no need to wait for a physical card to arrive in the mail. When you apply, you get a decision. Melissa Lambarena writes for NerdWallet.

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Roths Child Law

APRIL 30, 2021

Debt can quickly mount if you don't aggressively address it early on. Many consumers who find themselves unable to pay their bills look to different debt relief options to gain a fresh financial start, including bankruptcy. Chapter 7 bankruptcy can provide you with that clean financial slate that you're looking for where you can wipe away most of your debts.

Chapter 7 bankruptcy 40

Chapter 7 bankruptcy Bankruptcy Repossession Collateral 40

Nerd Wallet

APRIL 30, 2021

Known for their variety of—you guessed it—chicken wings, Wingstop is a brand with a lot of loyalty and customer appeal. If you’re interested in opening a Wingstop franchise, there’s lots to know about its corporate structure, Wingstop franchise cost, and more. Is franchising right for you? This guide will give you the information you need. Christine Aebischer writes for NerdWallet.

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FFGN COLLECT NY

APRIL 30, 2021

Chief Judge DeFiores recently announced that all judges and court personnel will return to work in person on May 24, 2021. Court staff returning to work is great news for creditors who filed or will file New York Civil Court debt collection actions in New York City’s lower courts. An in-person return to work is exactly what creditors need to move their cases forward and hopefully obtain judgment after a year-plus wait.

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Creditors Judgment Collections 40

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Credit Unions