Mon.Jul 25, 2022

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Report Analyzes Garnishment Data to Lobby N.Y. Governor to Sign Anti-Garnishment Bill into Law

Account Recovery

An advocacy group in New York is pushing Governor Kathy Hochul to sign a bill into law that would ban hospitals from obtaining garnishments and imposing liens to collect on unpaid medical debts, and has issued a report investigating the practice at five nonprofit hospitals in the state, concluding that indebted patients tend to work … The post Report Analyzes Garnishment Data to Lobby N.Y.

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What's the Difference Between Accounts Receivable and Collections?

Enterprise Recovery

The process of collecting what's due from customers can go by several names. Accounts receivable, receivables, A/R, accounts receivable collections, debt collections, and more. (Not to be confused with accounts payable, which is a different part altogether.). Many of these terms are not interchangeable but actually define different levels or areas of the process of collecting payments.

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Compliance Digest – July 25

Account Recovery

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

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Smart Money Podcast: Questioning 50/30/20, and Company Stock

Nerd Wallet

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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Daily Digest – July 25. Judge Invokes Hunstein Rulings in Dismissing FCRA Case; Appeals Court Partially Overturns Ruling in ADA, FMLA Case

Account Recovery

JUDGE INVOKES HUNSTEIN RULINGS IN DISMISSING FCRA CASE FOR LACK OF STANDING A District Court judge in New York has dismissed a plaintiff’s Fair Credit Reporting Act case, ruling he lacks standing to sue because his claims that factually inaccurate information about his credit report were disseminated to a third party — a credit reporting … The post Daily Digest – July 25.

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More Trending

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Judge Invokes Hunstein Rulings in Dismissing FCRA Case for Lack of Standing

Account Recovery

A District Court judge in New York has dismissed a plaintiff’s Fair Credit Reporting Act case, ruling he lacks standing to sue because his claims that factually inaccurate information about his credit report were disseminated to a third party — a credit reporting agency, in this case — and that the failure to note an … The post Judge Invokes Hunstein Rulings in Dismissing FCRA Case for Lack of Standing appeared first on AccountsRecovery.net.

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5 Credit Card Mistakes to Avoid During Tough Times

Nerd Wallet

When times are tough, credit card debt may be inevitable if you’re learning to manage credit or are forced to make risky financial decisions due to hardships. For Lydia Senn and her husband, who are Alabama residents, this was their reality during the Great Recession in 2008 after she lost her job and he took. Melissa Lambarena writes for NerdWallet.

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Appeals Court Partially Overturns Ruling for Call Center Defendant in ADA, FMLA Case

Account Recovery

The Court of Appeals for the Fourth Circuit has partially affirmed and partially overturned a lower court’s ruling in a disability discrimination case involving an employee at a call center who accused her former employer of violating the Americans with Disabilities Act and the Family and Medical Leave Act. A copy of the ruling in … The post Appeals Court Partially Overturns Ruling for Call Center Defendant in ADA, FMLA Case appeared first on AccountsRecovery.net.

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5 Ways to Protect Yourself From Medicare Fraud

Nerd Wallet

Medicare fraud is big business, and like most businesses, it has adapted to the new environment of the COVID-19 pandemic. “The public health emergency created an opportunity for fraudsters to modify and repurpose existing schemes,” a spokesperson for the Centers for Medicare & Medicaid Services, or CMS, said in an email. CMS has seen bad. Alex Rosenberg writes for NerdWallet.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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New powers used by Insolvency service to ban covid-loan abusers

UK debt collections

The UK’s Insolvency Service has utilised its new powers for the first time against directors that dissolve businesses to avoid the payment of its debts. The move is seen as the Insolvency Service ramping up its actions against deliberate fraud for government backed emergency Covid-19 loan schemes. Last year, government ministers introduced new legislations that gave the Insolvency Service powers to investigate and punish directors that abused the system to escape their creditors.

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How to Become a Travel Agent: Turn Your Passion Into Perks and Cash

Nerd Wallet

Raise your hand if you love to travel. Whether you’re often on the road or take a vacation just once a year, you’ve probably heard of travel agents. These folks help plan and book itineraries for you, eliminating a lot of the pain points when it comes to traveling. These days many people skip out. Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com.

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Statute Barred: How Long Can A Debt Be Chased In The UK?

Hudson Weir

Being in debt isn’t just a financial drain. It can cause personal and emotional stress too. As qualified Insolvency Practitioners , we’re highly experienced in navigating individuals and companies through financial difficulties. Unsurprisingly, our team is often asked “how long can a debt be chased in the UK?”. This is a key question and there are various nuances to be aware of, such as the type of debt and whether you are solely liable.

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Craigslist: Buy or Sell a Car

Nerd Wallet

Given that Craigslist is one of the internet’s largest classified websites, it’s no surprise that it’s a popular platform for private-party car sales. Unfortunately, Craigslist can also be home to scams in the form of fake advertisements, bots posing as interested buyers, and other digital hustles. Be wary of giving your personal information to anybody.

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Agent Tooling: Connecting AI to Your Tools, Systems & Data

Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.

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14 Years Later: Ringleaders of Publisher’s Business Services Subscription Scam Finally Held Accountable

Troutman Sanders

On May 25, the Federal Trade Commission (FTC) entered a Stipulated Order for Monetary Judgment against Publishers Business Services, Inc. (PBS), and its officers, Brenda Dantuma Schang, Dries Dantuma, Dirk Dantuma, and Jeffrey Dantuma imposing a suspended judgment of $14.47 million. In 2008, under “Operation Tele-PHONEY,” the FTC joined forces with more than 30 international, federal, state, and local law enforcement agencies, and targeted the largest telemarketing fraud sweep ever coordinated b

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Yes, You Can Transfer Hyatt Points to Others. Here’s How

Nerd Wallet

We all love a great hotel redemption, but what if you don’t have enough World of Hyatt points to make the reservation you need? Well, if you know another Hyatt member who does, you could be in luck. Transferring points between Hyatt accounts can be especially helpful in getting you to that next big redemption. Ramsey Qubein writes for NerdWallet. Email: travel@nerdwallet.com.

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CFPB Sues TransUnion A Second Time For Same Violations

Collection Industry News

Posted : July 24, 2022. By Kate Berry. Source: site. TransUnion, one of the three large credit bureaus, never wanted to be in litigation with its regulator the Consumer Financial Protection Bureau. But the Chicago-based credit reporting agency is fighting back in court after the CFPB sued the company and a former executive in April for allegedly violating a previous 2017 order.

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CFPB Investigating Credit Card Late Fees And Penalties

Collection Industry News

Posted : July 24, 2022 By April Lewis-Parks. Source: site. If you’ve ever been late with a credit card payment and thought that late fee you got popped with was steep, you’re one of 42 million Americans [1] who will face that dilemma in 2022. Credit card companies’ penalty policies cost consumers around $12 billion each year. In fact, the U.S. central bank known as the Federal Reserve just launched an investigation to determine if credit card late fees and other penalties are “reasonable and

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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NYC levies huge fines against car dealers, cites 7,000 consumer violations

Collection Industry News

Posted : July 24, 2022 By CHRIS TEAGUE. Source: site. There’s never been a worse time to buy a new or used car , but some dealers have gone out of their way to make the experience even more excruciating. There are markups, dealer add-ons, inventory issues, vehicles being sold out from under customers, and many other shady activities. New York City finally reached a tipping point with a group of car dealers , forcing them to pay enormous fines and agree to shape up.

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The Israeli Addiction To Credit Cards

Collection Industry News

Posted : July 24, 2022 By Caroline Haïat (Digital Journalist). Source: site. The widespread price hike in Israel does not seem to have an effect on citizens’ consumption – On the contrary, Israelis continue to heat up their credit cards, breaking a new record for the volume of purchases in shopping centers last month. Figures collected by the bank service Shva showed that in June, a new daily record for credit card usage in Israel was recorded: over $355 million, a 1.7 percent increase compared

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New powers used by Insolvency service to ban covid-loan abusers

Collection Industry News

Posted : July 24, 2022 By Victoria Mossman. Source: site. The UK’s Insolvency Service has utilised its new powers for the first time against directors that dissolve businesses to avoid the payment of its debts. The move is seen as the Insolvency Service ramping up its actions against deliberate fraud for government backed emergency Covid-19 loan schemes.

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TV stars company collapses due to unpaid debts

Collection Industry News

Posted : July 24, 2022 By Victoria Mossman. Source: site. Former Emmerdale TV soap Star Danny Miller has had his company put into liquidation due to a series of unpaid debts. The performing arts company Cannon Professional Acting company owing a whopping £117,528 of unpaid debts. The actor left the popular soap Emmerdale last year before going on to win the 2021 series of I’m a celebrity…. get me out of here.

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Future-Proof Your Firm: Smarter Tech for Stronger Returns & Simpler Workflows

Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!