Account Recovery

JUNE 29, 2021

The governor of Minnesota has signed a number of omnibus bills into law, one of which contains provisions that expand the regulation of the accounts receivable management industry to include debt buyers, a new term that the state is defining for the first time. Gov. Tim Walz signed the bills into law this past Saturday. … The post Minn. Gov. Signs Omnibus Bills into Law, Include Provisions For Debt Buyers appeared first on AccountsRecovery.net.

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Enterprise Recovery

JUNE 29, 2021

Every time your business submits an invoice, there is the risk that the invoice will not be paid. By accounting for this in financial statements, you're able to get an accurate picture of the actual value of receivables. When you're certain that an account is not collectible, for instance, you have the option to remove it from accounts receivable in your financial books by writing it off as bad debt.

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Collections 130

Account Recovery

JUNE 29, 2021

INDUSTRY FILES SUIT TO BLOCK ENACTMENT OF NEVADA MEDICAL DEBT COLLECTION LAW A dozen collection agencies, plus ACA International and the Nevada Collectors Association have filed a lawsuit against the state of Nevada seeking to block the enactment of a new law that governs how medical debts are to be collected in the state. The … The post Daily Digest – June 29.

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Collections Collection Agencies Collections Agency Government 246

Collect More

JUNE 29, 2021

One of the first things you should do if your overdue customer is also a business is identify their structure- go to www.abr.business.gov.au and search their name. If they are a Pty Ltd company then it’s worth doing a company search- what you are trying to find out is: – Who the directors are, bearing in mind they are often not the person you’ve been dealing with. – What their Registered Office address is (if it is their Accountants like most companies, then you can call

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Collections 100

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

JUNE 29, 2021

A dozen collection agencies, plus ACA International and the Nevada Collectors Association have filed a lawsuit against the state of Nevada seeking to block the enactment of a new law that governs how medical debts are to be collected in the state. The new law is scheduled to go into effect this Thursday, July 1, … The post Industry Files Suit to Block Enactment of Nevada Medical Debt Collection Law appeared first on AccountsRecovery.net.

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Collections Collection Agencies Collections Agency Government 237

Account Recovery

JUNE 29, 2021

What Credit Karma says in its reports about a consumer’s credit history is not gospel, a District Court judge in Tennessee has ruled, granting a defendant’s motion for summary judgment after it was accused of violating the Fair Debt Collection Practices Act because it allegedly communicated information to a credit bureau after it was instructed … The post Judge Grants MSJ For Defendant in FDCPA Case Over Credit Karma Report appeared first on AccountsRecovery.net.

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Fair Debt Collection Credit Bureau Judgment Collections 182

Nerd Wallet

JUNE 29, 2021

Bitcoin may be the “future of money,” but its future success is no guarantee. That’s true of any investment, and that’s why investors frequently flock to mutual funds and exchange-traded funds, which typically hold a diversified selection of stocks or other assets. But in the case of bitcoin, there is no bitcoin ETF available to. Alana Benson writes for NerdWallet.

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Trade 103

Account Recovery

JUNE 29, 2021

The Consumer Financial Protection Bureau yesterday announced the release of a final rule, which will go into effect on August 31 and aims to ensure an “orderly transition” back to a normal housing market by providing protections to homeowners to prevent a flood of foreclosures now that many forbearance programs put into place during the … The post CFPB Releases Final Rule to Protect Homeowners from Foreclosure, post-COVID appeared first on AccountsRecovery.net.

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Foreclosure 147

Nerd Wallet

JUNE 29, 2021

For those with large estates, a common question that comes up when planning for the future is how to minimize or avoid estate and gift taxes when transferring assets to heirs. One possibility: using irrevocable trusts to move assets out of one’s estate. Specifically, a type of irrevocable trust called a grantor retained annuity trust, Tiffany Lam-Balfour writes for NerdWallet.

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Collections

Jimerson Firm

JUNE 29, 2021

In the mid-1880s, the U.S. Government was searching for a way to encourage westward expansion. To achieve its goal, Congress passed the Homestead Act of 1862 which rewarded individuals brave enough to head west by allowing them to claim up to 160 acres of land as their own homestead. Many individuals took advantage of the Homestead Act, but the Act lost steam and was formally repealed in 1976.

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PDC Flow

JUNE 29, 2021

Shopping for new business technologies can be a long, difficult process. Oftentimes, even scheduling a software demo can take time out of your day you may not be able to spare. Thankfully, accountsrecovery.net’s Q&ARM series is helping accounts receivable professionals make informed buying decisions to enhance the collection process , on-demand.

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Collections Financial services 96

Nerd Wallet

JUNE 29, 2021

Wix is one of the many popular ecommerce platforms on the market that allows you to create an effective business website, regardless of your technical knowledge or skill level. Wix is known for its ease of use, breadth of features, and functionality for professionals and businesses alike, but is it right for your business? In this. Randa Kriss writes for NerdWallet.

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Prosperity Now

JUNE 29, 2021

As we close Homeownership Month and move toward something that resembles normalcy, we need to take stock of not just

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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

Nerd Wallet

JUNE 29, 2021

This article provides information for educational purposes. NerdWallet does not offer advisory or brokerage services, nor does it recommend specific investments, including stocks, securities or cryptocurrencies. The trove of IRS records recently uncovered by ProPublica has confirmed what many have always suspected: Billionaires often enjoy a substantially lower tax rate than the average American.

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Education 86

Public Citizen

JUNE 29, 2021

Keith B. Anderson of the Federal Trade Commission - Bureau of Economics has written  To Whom Do Victims of Mass-Market Consumer Fraud Complain? Here is the abstract: Utilizing data from surveys of mass-market consumer fraud sponsored by the Federal Trade Commission in 2005, 2011, and 2017, this paper explores whether victims of such mass-market consumer frauds complain to anyone beyond their families and friends about being victimized, and if they do complain, to whom they complain.

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Government Manufacturing Trade Banks 80

Nerd Wallet

JUNE 29, 2021

Seniors may have a tough time finding the ideal life insurance policy, but worthwhile coverage options do exist — whether you want to cover final expenses or leave a lump sum for your family. While it’s true that life insurance policies become more costly as you age, many insurers will accommodate older adults, even if. Georgia Rose writes for NerdWallet.

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Credit Corp

JUNE 29, 2021

This article originally appeared on Parent Portfolio and has been republished with permission. For some, it’s surprising the amount of consumer and student loan debt a person has. This financial situation is a future you likely won’t want for your children. So, “ How do I prepare my children for the future and be fiscally responsible? “ This simple question of “ How?

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Student loans Student Loans Loans Credit Card Debt 92

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Collections

Nerd Wallet

JUNE 29, 2021

As one of the largest cities in the southeastern U.S., Jacksonville deserves far more attention than it gets. Beautiful beaches, an active downtown and a large cultural and entertainment scene bring leisure and business visitors from all over to this corner of Florida. There’s plenty to see and do in the area, but for the. Ramsey Qubein writes for NerdWallet.

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Debtor Daddy

JUNE 29, 2021

Our very own Matt McFedries will be speaking at this year’s Bookkeepcon21 – a two-day conference that brings together the Kiwi bookkeeping community. Themed “We’re Taking Care of Business”, ICNZB’s conference aims to recognise the significant contribution and assistance that bookkeepers in New Zealand have provided following the struggles of business arising from the global pandemic.

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Debtor Debt Management Education 63

Nerd Wallet

JUNE 29, 2021

For years, dogecoin (pronounced dowzh·koyn) existed on the fringes as a joke cryptocurrency that traded for less than a penny. But by spring 2021, the shiba inu-themed coin found its stride — and its place on major cryptocurrency trading platforms. Of the cryptocurrency platforms reviewed by NerdWallet, seven currently offer dogecoin: Gemini, SoFi Active Investing, Chris Davis writes for NerdWallet.

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Trade 59

Burr Forman

JUNE 29, 2021

On June 25, 2021, in a 5-4 decision, the Supreme Court held that the individual members of a class “must demonstrate, among other things, that they suffered a concrete harm” in order to have Article III standing to recover individual damages in a class action. [1]. In TransUnion LLC v. Ramirez , — S. Ct. —-, 2021 WL 2599472 (2021), a certified class of over 8,000 people alleged TransUnion LLC (“TransUnion”) violated the Fair Credit Reporting Act (“FCRA&#

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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

JUNE 29, 2021

In the world of website builders and ecommerce platforms, two names with a lot of brand equity are Weebly and Squarespace. Both allow merchants to bring their business’s presence online and make their products and services available to the entire world. Weebly, which launched in 2007, provides this service for over 50 million business owners around.

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Troutman Sanders

JUNE 29, 2021

In Glawe v. Carpenter, Hazelwood, Delgado & Boren PLC , the Ninth Circuit Court of Appeals reversed and remanded the district court’s entry of summary judgment for the appellees-defendants in a Fair Debt Collection Practices Act (FDCPA) case. In its holding, the court emphasized the need to conduct a factual analysis in that case as to whether the purchase of real property is primarily “consumer or commercial in nature” to determine exposure for alleged FDCPA violations.

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Judgment Fair Debt Collection Acquisition Law Firms 52

Nerd Wallet

JUNE 29, 2021

When you go into business with other people, the hope is that you’ll always make a good team, ready to tackle any challenges that come your way. However, it’s estimated that approximately 80% of business partnerships fall apart, and the more partners you have, the harder it is to keep your company together. One key. Priyanka Prakash writes for NerdWallet.

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Credit Management Company

JUNE 29, 2021

Our mission statement shows the commitment we have towards our clients. “Credit Management Company exists to provide world-class customer experience, unmatched value to our clients, and a growth-driven environment for our employees.”. Since the leadership team is responsible for making decisions on long-term strategies, we sat down with Joel McKiernan, to learn his vision for the company.

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Acquisition Healthcare Credit Management 52

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