Account Recovery

JULY 14, 2022

A District Court judge in Illinois has granted a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act case, illustrating why it’s a good decision sometimes to take the extra steps of going through discovery instead of attempting to win on a motion to dismiss, while also potentially providing some ammunition for … The post Judge Grants MSJ in FDCPA Case Involving Hunstein Claim appeared first on AccountsRecovery.net.

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Fair Debt Collection Judgment Collections Financial services 246

Nerd Wallet

JULY 14, 2022

Personal finance can feel especially daunting to members of the LGBTQ+ community, who have faced exclusion and discrimination from their families and financial and government institutions. According to an analysis by the Human Rights Campaign Foundation, gay men earn about 69 cents on the dollar to their straight peers and lesbian women earn about 89.

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Government 93

Account Recovery

JULY 14, 2022

A big win for the industry, thanks to Chad Echols and David Grassi from The Echols Firm, which won a summary judgment ruling from a District Court judge in South Carolina yesterday against the state Attorney General, with the judge ruling that a state law governing the spoofing of phone numbers is pre-empted by federal … The post Collection Agency Wins MSJ Against S.C.

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Collection Agencies Collections Agency Collections Judgment 246

Nerd Wallet

JULY 14, 2022

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. When it comes to driving these days, it’s been feeling a little like, “you can’t get there from here.”.

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Education 89

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

JULY 14, 2022

GETTING TO KNOW ERIN STEWART OF SUCCESSKPI Erin Stewart is smart enough to know she doesn’t know everything, and that it’s important to surround herself with people whose strengths match her weaknesses. Perhaps that explains her meteoric rise through the ranks of the industry in just eight short years. Read on to learn more about … The post Daily Digest – July 14.

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Collection Agencies Collections Agency Collections 246

Account Recovery

JULY 14, 2022

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know Erin Stewart of

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Accounts Receivables Management 246

Nerd Wallet

JULY 14, 2022

The popular Blue Cash Everyday® Card from American Express is getting an update which, true to the card’s name, will increase your cash back earning potential on everyday purchases. Beginning on July 14, 2022, both new and existing card holders will earn 3% cash back (on up to $6,000 spent per year) on purchases at: Sara Rathner writes for NerdWallet.

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Account Recovery

JULY 14, 2022

A bill has been introduced in the House of Representatives that seeks to amend the Telephone Consumer Protection Act in order to expand the definition of “automated telephone dialing system” while also expanding the provisions of the law to include text messages as well as phone calls. A copy of the bill, H.R.8334, introduced by … The post Bill Introduced in House to Amend TCPA, Update ATDS Definition, Include Texts appeared first on AccountsRecovery.net.

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Nerd Wallet

JULY 14, 2022

Rides to routine medical appointments generally aren’t covered on Original Medicare — and they’re covered on only some Medicare Advantage plans. However, both Original Medicare and Medicare Advantage cover emergency and certain nonemergency ambulance transportation. When does Medicare cover nonemergency transportation? Original Medicare doesn’t cover rides to routine medical appointments, like annual physicals, follow-ups or.

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Collections

UK debt collections

JULY 14, 2022

Debt Collectors in Liverpool are expected to be chasing up around 30,000 debts owed to Liverpool City Council this year. After the local authority approved a two-year extension to the contract for debt collectors in Liverpool on the very same day the existing terms were due to run out, a report to members of the finance and resources committee has revealed how busy they expect this year to be and how it will “assist with the council’s immediate financial requirements.

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Debt collector Debt Recovery Collections 59

Nerd Wallet

JULY 14, 2022

The landscape of travel changed forever when COVID-19 entered the scene. Now, years later, we’re still dealing with the ongoing effects of the pandemic. Along with travel restrictions and ever-evolving entry requirements, travelers have to plan for plenty of unexpected changes. Nowhere is this more evident than Europe, where individual countries have spent the last.

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Troutman Sanders

JULY 14, 2022

On July 13, the FTC published its proposed Motor Vehicle Dealers Trade Regulation Rule in the Federal Register. As we covered here , the proposed rule would create a host of new compliance challenges for motor vehicle dealers, including a new national standard for price advertising, trigger disclosures for payments, added paperwork for the sale of add-on products, a prohibition on “no benefit” add-on products, and additional recordkeeping requirements.

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Trade 52

Nerd Wallet

JULY 14, 2022

July marks the halfway point of summer, so if you plan to travel soon, be prepared to see inflation at nearly every step along the way. According to a May NerdWallet survey, nearly 7 in 10 Americans planned to travel between Memorial Day and Labor Day, and among them, 81% said inflation would impact their. Amanda Barroso writes for NerdWallet. Email: abarroso@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

Troutman Sanders

JULY 14, 2022

On June 20, the Louisiana Office for Financial Institutions (OFI) proposed a Rule on licensure, registration, and regulation of persons engaging, or planning to engage, in virtual currency business activity in Louisiana. The Rule follows the mandate set by Louisiana’s Virtual Currency Business Act (VCBA), effective August 1, 2020, requiring virtual currency businesses to hold a license in Louisiana and granting administrative and enforcement authority to OFI.

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Financial Institution 52

Nerd Wallet

JULY 14, 2022

Key takeaways Homeowners insurance generally covers sudden and accidental water damage, especially if it’s from an internal cause like a failing appliance. Certain causes of water damage aren’t covered, including flooding and lack of maintenance. If you need to file a claim, contact your insurer as soon as possible and take steps to prevent further.

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Home Insurance 67

Taurus Collect

JULY 14, 2022

Delayed payments or bad debts can hinder the financial health of any company. You may have insufficient time or information to adequately recover the unpaid invoices. Moreover, the older the obligations get, the harder it is to collect the payment. However, hiring a reputed debt collection agency will significantly help you as they will use multiple methods to locate your debtors and help you effectively gather your amounts.

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Collection Agencies Collections Agency Debtor Collections 52

Public Citizen

JULY 14, 2022

Today, the Consumer Financial Protection Bureau fined Bank of America $100 million for botching the disbursement of state unemployment benefits at the height of the pandemic. The CFPB said that "Bank of America automatically and unlawfully froze people’s accounts with a faulty fraud detection program, and then gave them little recourse when there was, in fact, no fraud.

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Banks 40

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Collections

Nerd Wallet

JULY 14, 2022

After nearly two and a half years of pandemic relief, federal student loan payments will restart after the pause expires Aug. 31 — unless it’s extended for the seventh time. There is talk that President Joe Biden will announce some student debt cancellation sometime this summer — but there is no guarantee. And now with. Anna Helhoski writes for NerdWallet.

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Student loans Student Loans Loans 95

Public Citizen

JULY 14, 2022

The Consumer Financial Protection Bureau has issued a legal interpretation to ensure that companies that use and share credit reports and background reports have a permissible purpose under the Fair Credit Reporting Act. The CFPB’s new advisory opinion makes clear that credit reporting companies and users of credit reports have specific obligations to protect the public’s data privacy.

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