Tue.Jun 08, 2021

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Daily Digest – June 8. Maryland Healthcare Collection Bill Becomes Law; Judge Partially Grants MSJ in FDCPA Case

Account Recovery

MARYLAND HEALTHCARE COLLECTION BILL BECOMES LAW By virtue of not signing it into law or vetoing it while it sat on the governor’s desk for 30 days, healthcare debt collection legislation in Maryland has become law, which, while not as restrictive as it was when it was introduced, will still require healthcare providers and debt … The post Daily Digest – June 8.

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Excise Tax: The Ultimate Guide for Small Businesses

Nerd Wallet

This article has been reviewed by tax expert Erica Gellerman, CPA. An excise tax is a tax charged for items that are frequently seen either as socially harmful or as a luxury good or service. Luxury vehicles are subject to excise tax, as are alcohol, gas, airline tickets, indoor tanning and more. Excise tax is sometimes. Nina Godlewski writes for NerdWallet.

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Tenn. Court Offering Online Tool to Help Settle Medical Debt Disputes

Account Recovery

A pilot program is being offered in Tennessee aimed at reducing the number of medical debt collection lawsuits that are filed against individuals, by offering a free online medical debt resolution platform for healthcare providers and consumers to use to work out settlements before lawsuits are filed. The platform is even offering free access to … The post Tenn.

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9 Best-Performing Clean Energy ETFs of June 2021

Nerd Wallet

The clean energy sector has been reinvigorated by a presidential administration excited about combating climate change. In April, President Biden announced a new goal of a 50% to 52% reduction from 2005 levels in greenhouse gas pollution by 2030. This goal will be supported by all sorts of green initiatives, from offshore wind farms to. Alana Benson writes for NerdWallet.

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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 Healthcare Collection Bill Becomes Law

Account Recovery

By virtue of not signing it into law or vetoing it while it sat on the governor’s desk for 30 days, healthcare debt collection legislation in Maryland has become law, which, while not as restrictive as it was when it was introduced, will still require healthcare providers and debt collectors working medical debt accounts to … The post Maryland Healthcare Collection Bill Becomes Law appeared first on AccountsRecovery.net.

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DFPI Issues Alert About Firm ‘Posing’ as Legal Debt Collector

Account Recovery

The Department of Financial Protection and Innovation in California has issued a consumer alert, notifying the public that The Offices of Morgan and Moss is “holding itself out as a legitimate debt collector” in California, and is using “threatening and abusive tactics to coerce consumers to make payments on ‘debts’ that have not been verified, … The post DFPI Issues Alert About Firm ‘Posing’ as Legal Debt Collector appeared first on AccountsRecove

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10 Best Home-Based Franchises for 2021

Nerd Wallet

There are a lot of benefits to starting a home-based business. You don’t have to commute, you can work in your comfy clothes, and you’re in control of your schedule—to name just a few. What if you could combine all the benefits of a home-based business with those of a franchise? Well, you can. There. Christine Aebischer writes for NerdWallet. Email: caebischer@nerdwallet.com.

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Judge Partially Grants MSJ For Defendant in FDCPA Case Over BK Filing

Account Recovery

A Magistrate Court judge in Indiana has partially granted a defendant’s motion for summary judgment, but denied other claims it violated the Fair Debt Collection Practices Act by sending a collection letter to individuals who had filed for bankruptcy protection and had requested that the defendant stop communicating with them. A copy of the ruling … The post Judge Partially Grants MSJ For Defendant in FDCPA Case Over BK Filing appeared first on AccountsRecovery.net.

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10 Common Accounting Errors and How to Avoid Them

Nerd Wallet

Accurate accounting is critical to your business’s success. Without accurate accounting: You won’t have the information necessary to steer your business toward profitable growth. Correctly filing your annual tax returns can become cumbersome and rife with errors. Your business could be left vulnerable to fraud. The best way to ensure your accounting is accurate is.

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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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The Cost of Consumer Goods Is Rising: Find Out More

Credit Corp

The cost of consumer goods has risen and fallen over time—with the long-term trajectory for most items going up. That’s not a surprise to most people. You know the cost of bread or milk at the grocery store is more than it was when you were a kid. But how fast is the cost of consumer goods going up today, and what, exactly, is the consumer price index?

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What Is a Joint Venture and How Does It Work?

Nerd Wallet

As a small business owner, you need a collaborative mindset to succeed. You need to develop solutions with employees, business partners, and investors on a regular basis. Sometimes, you might have a great business idea that requires expertise or resources from another individual or company. In this case, you might consider entering into a joint. Priyanka Prakash writes for NerdWallet.

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Scam Debt Collection Agency Owner receives lengthy Jail sentence

UK debt collections

A Scam Debt Collection Agency Boss has been sent to prison for 4 years and 10 months. The Dodgy Debt Collector took cash payments from clients to help recover money but did so with no intention of collecting what they were owed. Debt Collector Robert Thomas Cree from the North East of England was found guilty in Newcastle Crown Court of two counts of Fraudulent trading and one count of perverting the course of justice.

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New Wells Fargo Active Cash Card: 2% Back on Purchases, No Annual Fee

Nerd Wallet

Wells Fargo, making a stronger push into the credit cards business, has introduced one of the most compelling flat-rate credit cards on the market. The Wells Fargo Active Cash Card offers 2% cash back on all purchases, with an annual fee of $0, a generous sign-up bonus and a 0% APR offer. The card’s bonus. Gregory Karp writes for NerdWallet. Email: gkarp@nerdwallet.com.

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ERM Program Fundamentals for Success in the Banking Industry

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?

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4 Pillars of An Empathetic Communication Strategy in Healthcare Collections

PDC Flow

Since the beginning of the COVID-19 pandemic, “empathy” and “compassion” have been buzzwords in almost every industry. People are craving the human connection and understanding that comes with empathy, which is why now more than ever, understanding empathy and compassion is extremely important. Luckily, I’ve got you covered. For the past 15 years, I’ve studied neuroscience and conducted communication experiments in my debt collection agency to understand how empathy works and how to use it effec

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How to Start a Tutoring Business

Nerd Wallet

Tutoring can be a lucrative side business that you can grow into full-time income. There are several advantages to starting your own tutoring business, like a flexible work schedule and low upfront costs. If you want to apply your knowledge to help students achieve their academic goals, consider channeling that passion into learning how to build. Sally Lauckner writes for NerdWallet.

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19 Blue Chip Stocks for Incredibly Reliable Dividends

Credit Corp

This article originally appeared on The Financially Independent Millennial and was republished with permission. Generally, blue chip stocks are those of the highest quality, and many provide reliable dividends. Investors may be familiar with the term blue chip stock. This is because blue chips were traditionally the most valuable at a casino. And while investors should never associate the stock market with gambling, blue chip stocks refer to the best of the best.

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Best Franchise Opportunities for Veterans

Nerd Wallet

Franchises are an excellent opportunity for aspiring business owners in general, but veterans are uniquely qualified for this kind of entrepreneurship. Running a franchise successfully requires grit, determination, analytical skills, and leadership ability, which service members have in spades. Succeeding in the franchisor’s mission also requires that the franchisee works within the franchisor’s proven business.

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You Put in a Full Work Week. Shouldn’t Your Collections Software Do the Same?

Discover a modern, cloud-based collection system that never takes a rest day. MeridianLink® Collect is an intuitive platform with advanced customization options developed to simplify the collections process. Here are four ways MeridianLink Collect can support your team: Omnichannel communications Compliance rules & checklists Workflows & queues One interface with supporting integrations And that’s just the start.

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Arrested Development: What Do Modern Law Firm Associates Want, Anyway?

NCBA Law Practice Management Blog

There’s a lot in flux around the legal industry of late. Work roles, places and preferences seem to be changing constantly. Yet, law firms continue to require associates to move business forward. Managing partners often think, in these instances, about what the law firm needs. But, even if in an employer’s market, it pays to consider what your associates ( and potential associates ) actually do want – especially if you want those associates to stick around for a while, along with all the capital

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How to Start a Home Business: The Ultimate Guide

Nerd Wallet

If you’ve ever been interested in learning how to start a small business from home, now might be the perfect time. Due to the global COVID-19 pandemic, more people than ever before are working from home and launching their own startups. Although starting a business from home has its perks, like starting any business, there is a. Nina Godlewski writes for NerdWallet.

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Eastern District of Pennsylvania Court Holds Text Claim Satisfies Article III, Then Dismisses for Failure to Allege Enough Facts to Make Claim Plausible

TCPA

A judge in the U.S.

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How to Start a Bookkeeping Business

Nerd Wallet

Even as the nature of business changes, one job that is always in demand is bookkeeping. If you’re considering starting a business of your own and know your way around business finances, this could be the profession for you. Bookkeepers are essential for other businesses to thrive, making sure that they’re keeping track of their. Meredith Wood writes for NerdWallet.

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The Power of Storytelling in Risk Management

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.

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Regional COVID-19 Travel Ban Exception Criteria Change

Burr Forman

While the United States has seen a drastic drop in COVID-19 cases as vaccinations become more prevalent, other countries continue to see significant infection rates. Travel restrictions aimed at curbing the spread of COVID-19 remain in place. Currently, foreign nationals who have been present in China, Iran, India, Brazil, South Africa, the Schengen region, the United Kingdom, or Ireland within fourteen days of attempting entry into the United States will generally be refused.

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How to Make the Most of Flying in Copa Airlines Economy Class

Nerd Wallet

Copa Airlines, a Latin American airline and member of the Star Alliance, is based in Panama City, Panama. If you’re considering booking a Copa Airlines economy class ticket and want to know more about the airline’s economy experience, below is a guide, including what the baggage, seats, food and service on your flight will be. Josh Garber writes for NerdWallet.

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What a Grammy-Winning Singer Can Teach You About Money

Nerd Wallet

With a large fanbase and critical acclaim, Brandi Carlile exudes success. Her seven albums of music span several genres, including pop, folk and rock, giving her a wide audience appeal, and she has been the recipient of six Grammy Awards and 12 nominations. But in her new memoir, “Broken Horses,” she reveals that she has a. Kimberly Palmer writes for NerdWallet.

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What Are the Minimum Credit Score Requirements for SBA Loans?

Nerd Wallet

For many entrepreneurs in need of small-business loans, there are few options that rival U.S. Small Business Administration loans with regard to interest rates, terms and credit flexibility. These are just some of the reasons why so many businesses seek out SBA loans, and why so many applications are submitted every year. Because SBA loans. Brian O'Connor writes for NerdWallet.

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How to Attract Multiple Generations to Open New Accounts and Apply for Loans

The experiences of every generation are characterized by their behaviors involving finances. Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers. This entertaining and informative eBook will help your financial institution uncover the best practices when it comes to appealing to mass audiences.