Account Recovery

SEPTEMBER 29, 2021

MT. LAUREL, N.J., Sept. 27, 2021 /PRNewswire/ — Strategic Resource Alternatives (“SRA”), an industry-leading full-service receivables management and outsourcing firm, is pleased to announce the completion of an acquisition of J.J. Marshall & Associates, Inc., a Michigan-based recovery firm. SRA provides accounts receivable management, debt recovery, BPO, call center & letter service solutions, with 30 years of operating … The post Strategic Resource Alternatives C

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Nerd Wallet

SEPTEMBER 29, 2021

Credit card processing fees will typically cost a business 1.5% to 3.5% of each transaction’s total. For a sale of $100, that means you could pay anywhere from $1.50 to $3.50 in credit card processing fees. For a small business, these fees can be a significant expense. Here’s how they work and how to lower your. Billie Anne Grigg writes for NerdWallet.

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Account Recovery

SEPTEMBER 29, 2021

Navient yesterday announced it was transferring 5.6 million student loan accounts that it was servicing on behalf of the Department of Education to Maximus, another loan servicing company. Navient, which had decided already that it no longer wanted to continue servicing loans under the Next Generation Financial Services Environment program, or NextGen, instead will focus … The post Navient Reaches Deal to Transfer 6M Student Loan Accounts to Maximus appeared first on AccountsRecovery.net.

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Student loans Student Loans Loans Education 246

Troutman Sanders

SEPTEMBER 29, 2021

After the District Court for the District of Oregon dismissed a Fair Credit Reporting Act (FCRA) suit filed against Fred Meyer, Inc. , the Ninth Circuit Court of Appeals partially reversed , holding Fred Meyer had failed to comply with FCRA’s “standalone” requirement by providing, in good faith, an extraneous explanation of the applicant’s rights in its background check disclosure.

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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

SEPTEMBER 29, 2021

In a case that was defended by Rick Perr of Kaufman Dolowich & Voluck, a District Court judge in New Jersey has granted a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act class-action lawsuit over the 1099C language in a collection letter, ruling that the disclosure used was not a false, … The post Judge Grants MSJ for Defendant in FDCPA Class-Action Over 1099C Language in Letter appeared first on AccountsRecovery.net.

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Account Recovery

SEPTEMBER 29, 2021

A debt collection company based in Atlanta and its owners have been permanently banned from the industry and will pay $266,000 out of a $3 million penalty under the terms of a settlement announced by the Federal Trade Commission, which had sued the company and its owners for threatening to have consumers arrested and imprisoned … The post Debt Collectors Banned From Industry In Settlement With FTC appeared first on AccountsRecovery.net.

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Debt collector Trade Collection Companies Collections 238

Nerd Wallet

SEPTEMBER 29, 2021

With its new Mastercard Installments program, the Mastercard payment network is adding to the growing number of ways consumers can use buy now, pay later (aka BNPL) when making purchases. Mastercard Installments — which the company says is “coming soon” — will pair with specific card issuers to offer payment plans you can use in stores or. Sara Rathner writes for NerdWallet.

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Account Recovery

SEPTEMBER 29, 2021

Disclosing a software flaw that led to $92 million in uncollected debts owed to the Department of Labor’s Occupational Safety and Health Administration (OSHA) has led one anonymous individual to be anointed as the 2021 Special Counsel Public Service Award, the Office of Special Counsel announced last week. The whistleblower in question noticed that 11,000 … The post Calling Out $92M in Uncollected Debts Lands Anonymous Individual Public Service Award appeared first on AccountsRecover

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Nerd Wallet

SEPTEMBER 29, 2021

If you’re looking to take your credit card rewards-earning to the next level, a strategic combination of cards can help you maximize every purchase you make. Citi, sometimes overlooked in favor of other issuers, offers rewards credit cards that can work together to boost your returns. For a total annual fee of $95, you can. Erin Hurd writes for NerdWallet.

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Collections

Account Recovery

SEPTEMBER 29, 2021

JUDGE GRANTS MSJ FOR DEFENDANT IN FDCPA CLASS-ACTION OVER 1099C LANGUAGE IN LETTER In a case that was defended by Rick Perr of Kaufman Dolowich & Voluck, a District Court judge in New Jersey has granted a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act class-action lawsuit over the 1099C language … The post Daily Digest – September 29.

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Fair Debt Collection Judgment Collections 223

Nerd Wallet

SEPTEMBER 29, 2021

If you’re planning a trip and want to know if the destination is safe to visit, there are so many resources at your disposal to help you decide. As someone who has traveled full time as a digital nomad for three years, I’ve come to rely on a few useful sources for gathering destination safety. Elina Geller writes for NerdWallet. Email: egeller@nerdwallet.com.

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Credit Corp

SEPTEMBER 29, 2021

This article originally appeared on Arrest Your Debt and has been republished here with permission. The closure of many public establishments, such as restaurants, movie theaters, and clubs, has forced many in the labor force to pursue jobs where you work alone without real human interaction. Yet, even before the pandemic, workers have increasingly turned to jobs that do not require physical attendance at an office.

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Nerd Wallet

SEPTEMBER 29, 2021

If you have a history of cancer, buying life insurance may not be as tricky as you might think. However, the type of cancer you have, the prognosis and whether you’re in remission can affect the types of life insurance you can get, as well as the cost. How cancer affects life insurance cost and. Georgia Rose writes for NerdWallet. Email: grose@nerdwallet.com.

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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

Sawin & Shea

SEPTEMBER 29, 2021

Bankruptcy is often a wise choice for those overwhelmed by credit card debt and looking to get back on track and rebuild their finances. Though it can be a scary and stressful process, the benefits of filing for bankruptcy tend to outweigh the detriments. Though it can negatively impact your credit score, many debtors find that dealing with a bad credit score for a few years is better than constantly being weighed down by debt and harassed by creditors.

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Nerd Wallet

SEPTEMBER 29, 2021

If you fly on Southwest Airlines more than occasionally, you may be interested in signing up for one of the several credit cards available from the airline. You may even already have one. But if you’re looking to maximize miles and score additional credit card sign-up bonuses, you may be wondering, can you have two. Alisha McDarris writes for NerdWallet.

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FFGN COLLECT NY

SEPTEMBER 29, 2021

Assume you have a client who owes you $10,000. You have a signed contract from the debtor as well as a personal guarantee. The signed documentation clearly demonstrates both the corporate debtor and the guarantor are responsible for the debt. However, statements provided to the debtor and the guarantor make the amount they owe unclear. Unfortunately, your poor billing practices might complicate your debt collection endeavors.

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Nerd Wallet

SEPTEMBER 29, 2021

Stripe Payments is a powerful payment processor for online sales. It can accept dozens of payment methods and more than 135 currencies. And its advanced developer tools allow you to create a checkout flow that feels custom, provided you know how to use them. Stripe users can accept in-person payments by integrating the company’s point-of-sale. Rosalie Murphy writes for NerdWallet.

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Collections

JMA

SEPTEMBER 29, 2021

When payments are delayed and the number of outstanding payments start to pile up, it can cause a lot of issues for businesses. It can impact the cash flow of the business and can be difficult to keep track of and recover these debts. Managing the accounts of any business, even one where customers are. Read more » The post Why You Should Be Outsourcing Your Debt Recovery to a Professional appeared first on JMA Credit Control.

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Nerd Wallet

SEPTEMBER 29, 2021

Upgrading or downgrading your credit card to another card in the same lineup can be a good idea if your current card no longer meets your needs. Perhaps your spending has shifted and you need a card that’s more rewarding in different categories. Or maybe you’re not sure if the card is giving you enough. Gregory Karp writes for NerdWallet. Email: gkarp@nerdwallet.com.

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Sawin & Shea

SEPTEMBER 29, 2021

Bankruptcy is often a wise choice for those overwhelmed by credit card debt and looking to get back on track and rebuild their finances. Though it can be a scary and stressful process, the benefits of filing for bankruptcy tend to outweigh the detriments. Though it can negatively impact your credit score, many debtors find that dealing with a bad credit score for a few years is better than constantly being weighed down by debt and harassed by creditors.

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Nerd Wallet

SEPTEMBER 29, 2021

If you’re considering buying renters insurance in Pennsylvania, you’ve got plenty of affordable options. Renters policies in most parts of the state cost less than the national average. NerdWallet analyzed rates across the Keystone State to find out which companies offer the cheapest renters insurance in Pennsylvania. How much is renters insurance in Pennsylvania?

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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.

Collections Law

SEPTEMBER 29, 2021

If you are trying to collect on a debt, you may feel relieved when you finally have that judgment in hand. After all, obtaining a judgment from the court is the hard part, right? Not necessarily. Unfortunately, collecting on that judgment could prove to be a challenge. The experienced commercial collection attorneys at Law Offices of Alan M. Cohen LLC have almost 50 years of combined experience assisting clients with not just obtaining a judgment, but actually collecting the money their debtors

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Burr Forman

SEPTEMBER 29, 2021

The Supreme Court’s recent opinion [1] regarding its specific personal jurisdiction framework could have far-ranging implications for parties objecting to a lawsuit on jurisdictional grounds. In Montana Eighth , multiple plaintiffs sued a national automaker alleging defects in their model vehicles caused injuries, in one instance fatal, in Montana and Minnesota.

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NACM

SEPTEMBER 29, 2021

The European Union warned that only one month is left to resolve a metals dispute with the U.S., otherwise new EU tariffs will hit American products starting Dec. 1.An agreement must happen by the beginning of November in order to avoid consequences, said EU trade commissioner, Valdis Dombrovskis, on Bloomberg Television. "We are now working very i.

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Trade 5

Burr Forman

SEPTEMBER 29, 2021

September 29, 2021 – Thirteen Burr Partners were recently recognized in the 2021 edition of Benchmark Litigation, a guide to the world’s leading litigation firms and lawyers. Those individuals recognized are highly regarded by their peers and possess a strong case record and positive client feedback. Benchmark Litigation also recommended Burr & Forman in Dispute Resolution , and highly recommended the firm in Labor and Employment.

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