Wed.Mar 15, 2023

article thumbnail

Appeals Court Overturns Dismissal of FDCPA Class-Action, Leaves Same Case Before Two Different Judges

Account Recovery

It definitely seems like more of an “inside baseball” type of ruling, but the Court of Appeals for the Sixth Circuit has overturned the dismissal of a Fair Debt Collection Practices Act case — in which three separate appeals were filed — leaving the same case pending before two different judges in the same district … The post Appeals Court Overturns Dismissal of FDCPA Class-Action, Leaves Same Case Before Two Different Judges first appeared on AccountsRecovery.net.

article thumbnail

CFPB Heightens Scrutiny of Unlawful Collection of Payments on Discharged Student Loans

Consumer Finance

Today, the Consumer Financial Protection Bureau (CFPB) released a bulletin warning servicers of their obligation to halt unlawful conduct with respect to private student loans that have been discharged by bankruptcy courts.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Eleventh Circuit Grants En Banc Rehearing to Determine if Salcedo Should be Overturned

Account Recovery

For years, the Court of Appeals for the Eleventh Circuit has been an outlier among its brethren, holding that an individual who received a single — unwanted — text message lacked standing to sue under the Telephone Consumer Protection Act because he did not suffer a concrete injury. That ruling is now going under the … The post Eleventh Circuit Grants En Banc Rehearing to Determine if Salcedo Should be Overturned first appeared on AccountsRecovery.net.

130
130
article thumbnail

Americans Prefer to Know Hotel Costs Upfront — Fees and All

Nerd Wallet

Sally French writes for NerdWallet. Email: sfrench@nerdwallet.com. Twitter: @SAFmedia. The article Americans Prefer to Know Hotel Costs Upfront — Fees and All originally appeared on NerdWallet.

20
article thumbnail

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.

article thumbnail

Wyoming Enacts Law Defining Debt Buyers, Will be Required to Obtain Licenses

Account Recovery

In a development that was first pointed out by the team at Troutman Pepper, the Governor of Wyoming has signed a bill into law that requires debt buyers to be licensed as collection agencies starting later this year. A copy of the bill — House Bill 284 — can be accessed by clicking here. The … The post Wyoming Enacts Law Defining Debt Buyers, Will be Required to Obtain Licenses first appeared on AccountsRecovery.net.

More Trending

article thumbnail

Daily Digest – March 15. Appeals Court Overturns Dismissal of FDCPA Class-Action; Eleventh Circuit to Reconsider Salcedo

Account Recovery

APPEALS COURT OVERTURNS DISMISSAL OF FDCPA CLASS-ACTION, LEAVES SAME CASE BEFORE TWO DIFFERENT JUDGES It definitely seems like more of an “inside baseball” type of ruling, but the Court of Appeals for the Sixth Circuit has overturned the dismissal of a Fair Debt Collection Practices Act case — in which three separate appeals were filed … The post Daily Digest – March 15.

article thumbnail

Why sudden job losses put people at risk of bankruptcy

Roths Child Law

Most people are rather flippant about the prospect of losing a job. They assume that they can just find another position elsewhere and will bounce back quickly. Unfortunately, job loss is often a more serious issue than people realize. Those who do their jobs well may only lose their job during the mass termination or layoff, which could mean that there is a glut of workers out looking for employment alongside highly qualified fellow applicants.

article thumbnail

23 Companies Seeking Collection Talent

Account Recovery

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant … The post 23 Companies Seeking Collection Talent first appeared on AccountsRecovery.net.

article thumbnail

Should Remote Workers Take Hush Trips? Experts Weigh In

Nerd Wallet

Sally French writes for NerdWallet. Email: sfrench@nerdwallet.com. Twitter: @SAFmedia. The article Should Remote Workers Take Hush Trips? Experts Weigh In originally appeared on NerdWallet.

91
article thumbnail

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.

article thumbnail

Florida Court Finds One Unwanted Text Message Does Not Cause Concrete Harm, Remands FTSA Case to State Court

TCPA

In Weitz v. Genting New World LLC, No. 1:22-cv-23209-BLOOM, 2023 WL 2328365, at *1 (S.D. Fla. Mar.

52
article thumbnail

Summer Travel Is Likely to Remain Hot This Year, so Book Early

Nerd Wallet

Sam Kemmis writes for NerdWallet. Email: skemmis@nerdwallet.com. Twitter: @samsambutdif. The article Summer Travel Is Likely to Remain Hot This Year, so Book Early originally appeared on NerdWallet.

75
article thumbnail

Top 5 2023 Trends Redefining Banking Today

Fico Collections

Home Blog FICO Top 5 2023 Trends Redefining Banking Today FICO’s 2023 Trends Report reveals what’s impacting the financial services industry Saxon Shirley Wed, 05/25/2022 - 03:43 by Darryl Knopp expand_less Back To Top Wed, 03/15/2023 - 18:00 We are currently at an apex where several profound transformations are converging on the banking landscape – machine intelligence is positioned to complement (and even exceed) human intelligence, there are significant advancements in analytics and AI, and t

Banks 52
article thumbnail

Chase Freedom Flex 5% Bonus Categories for Q2 2023: Amazon, Lowe’s

Nerd Wallet

Craig Joseph writes for NerdWallet. Email: cjoseph@nerdwallet.com. The article Chase Freedom Flex 5% Bonus Categories for Q2 2023: Amazon, Lowe’s originally appeared on NerdWallet.

52
article thumbnail

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.

article thumbnail

Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC

Collection Industry News

WASHINGTON, DC — The following statement was released by Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell, and FDIC Chairman Martin J. Gruenberg: Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system. This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner tha

Banks 40
article thumbnail

Thinking Like an International Credit Manager

NACM

I'm still in the process of finishing module 8 of FCIB's International & Credit Risk Management (ICRM) course. As I mentioned in my last post, this module covers letters of credit, guarantees and bonds. I just answered one of the discussion post questions, "Your customer in Ethiopia has just placed a large order and has offered payment through.

article thumbnail

Federal Agencies Take Unprecedented Action to Strengthen Public Confidence in Banking System

Troutman Sanders

On March 10, the California Department of Financial Protection and Innovation closed Silicon Valley Bank and appointed the Federal Deposit Insurance Corporation (FDIC) as its receiver. Silicon Valley Bank had 17 branches in California and Massachusetts. The FDIC transferred all deposits and assets of the former bank to a newly created, full-service FDIC-operated bridge bank in an action designed to protect depositors.

Banks 52
article thumbnail

Transfer on Death/TOD Deed: What It Is and When to Use It

Nerd Wallet

Dalia Ramirez writes for NerdWallet. Email: dramirez@nerdwallet.com. The article Transfer on Death/TOD Deed: What It Is and When to Use It originally appeared on NerdWallet.

73
article thumbnail

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.