Account Recovery

AUGUST 24, 2020

Valor Intelligent Processing (VIP), based in Jacksonville, Fla., recently completed its first-ever acquisition, purchasing Credit Protection Association (CPA), a collection and business-process outsourcing company based in Dallas. Gordon Beck, the president and chief operating office of VIP, sat down with AccountsRecovery.net to discuss the transaction, how it came to pass, and what it’s been like … The post EXCLUSIVE: VIP’s Gordon Beck Shares Details of Company’s First A

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Acquisition Collections 219

Nexa Collect

AUGUST 24, 2020

There was a time when cold calling played an essential role in sales. The phone was the only way to establish new relationships, apart from face to face conversations, so cold calling had a place. Of course, door to door sales was a thing, too, and that has long since abandoned. Cold calling should be left to the dustbin of history, too. Today, it’s just another term for pestering people.

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Account Recovery

AUGUST 24, 2020

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

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Sawin & Shea

AUGUST 24, 2020

If you’re dealing with debt and considering filing for bankruptcy, it’s a good idea to get professional legal advice on how to handle the proceedings. There are countless scams and “credit repair” cons trying to take advantage of your situation when you need help the most. Credit counseling and debt management agencies may be able to assist you as you work, but with so many untrustworthy schemes out there, how do you know what the right step should be?

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Chapter 13 bankruptcy Bankruptcy Chapter 7 bankruptcy Debt collector 98

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

AUGUST 24, 2020

A District Court judge in Wisconsin has denied a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act because of a statement included in a collection letter, saying he can not dismiss the suit if it is “at least plausible that a significant fraction of debtors would … The post Judge Denies MTD in FDCPA Case Over Statement in Letter appeared first on AccountsRecovery.net.

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Fair Debt Collection Debtor Collections 147

Account Recovery

AUGUST 24, 2020

Lawmakers in the New York legislature are trying to get a bill passed that would prohibit the city of New York from selling a portfolio of unpaid debts, which is scheduled to occur as soon as next week, until a year after Gov. Andrew Cuomo declares the state of emergency related to the coronavirus pandemic … The post NY Lawmakers Propose Bill Banning Sale of Delinquent NYC Debts appeared first on AccountsRecovery.net.

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Debt Buying 147

True Accord

AUGUST 24, 2020

The COVID-19 crisis has ushered in an era of extreme uncertainty. As the country begins to slowly recover, the collections industry will face serious challenges. To help make sense of it all, we hosted a webinar with TrueAccord CEO Sheila Monroe and VP Customer Success Mega Rankin to discuss the impact COVID-19 has had on collections and what it means for the months ahead.

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Collections Collection Agencies Collections Agency Government 75

Account Recovery

AUGUST 24, 2020

For the second time, the Third Circuit Court of Appeals has weighed in on the same debt collection case, but this time, it sided with the defendants and affirmed a summary judgment award, ruling that sending a collection letter to an incorrect address was not a material violation of the Fair Debt Collection Practices Act … The post Appeals Court Upholds Summary Judgment in FDCPA Case Over Summons Sent to Old Address appeared first on AccountsRecovery.net.

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Judgment Fair Debt Collection Collections 147

Nerd Wallet

AUGUST 24, 2020

The World of Hyatt loyalty program lets you earn and redeem points for hotel stays around the world while also enjoying a lot of great program benefits. The Hyatt brand puts a strong focus on well-being, with amenities like Headspace meditation apps in some rooms, its partnership with Exhale Spas and its wellness-obsessed Miraval resorts. Ramsey Qubein is a writer at NerdWallet.

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Collections

Account Recovery

AUGUST 24, 2020

EXCLUSIVE: GORDON BECK SHARES DETAILS OF COMPANY‘S FIRST ACQUISITION Valor Intelligent Processing (VIP), based in Jacksonville, Fla., recently completed its first-ever acquisition, purchasing Credit Protection Association (CPA), a collection and business-process outsourcing company based in Dallas. JUDGE DENIES MTD IN FDCPA CASE OVER STATEMENT IN LETTER A District Court judge in Wisconsin has denied a … The post Daily Digest – August 24.

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Acquisition Collections 113

Nerd Wallet

AUGUST 24, 2020

The world is topsy-turvy, and the travel industry has been hit hard. Holding a U.S. passport allows travel to almost nowhere. Air travel remains a receding memory for many. And many travelers are hitting the road, sometimes in brand-new RVs. But what about hotels? Major brands have scrambled to assuage wary travelers with improved health. Sam Kemmis is a writer at NerdWallet.

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PBWT

AUGUST 24, 2020

I don’t know if Congress foresaw, when it enacted new Subchapter V of Chapter 11 of the Code [1] in the Small Business Reorganization Act of 2019 (“SBRA”), that debtors in pending cases would seek to convert or redesignate their cases as Subchapter V cases when SBRA became effective on February 19, 2020, but it was foreseeable. The benefits and advantages of Subchapter V to the debtors entitled to use it [2] were certain to attract not just new filings but pending cases, especi

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Debtor Bankruptcy Creditors Government 65

Nerd Wallet

AUGUST 24, 2020

Every major U.S. airline has a loyalty program, and if you like, you can join them all. But rather than earning small quantities of miles spread over multiple rewards programs where they may never amount to an award flight, it makes sense to focus your spending and flying to one or two. Choosing the best. Lee Huffman is a writer at NerdWallet. Email: travel@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

Credit Corp

AUGUST 24, 2020

When you’re trying to conquer unpaid debts sent to collections, you’ll likely face some obstacles. Two of the most common are coming up with enough money to pay off the debt and negotiating a payment plan or settlement you can afford. Once you’ve accomplished these tasks, you may still be wondering how to pay collections to a debt collection agency.

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Collections Debt collector Collection Agencies Collections Agency 90

Nerd Wallet

AUGUST 24, 2020

Virgin Atlantic has introduced some changes for Flying Club, its frequent flyer program. And if you’re a loyal Virgin Atlantic customer, you’ll likely find them to be useful, particularly a new way you can earn status. The airline also added a perk for all customers who need to fly during the coronavirus pandemic. Let’s unload. Andy Shuman is a writer at NerdWallet.

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Troutman Sanders

AUGUST 24, 2020

In January 2017, the Attorney General of Colorado filed two lawsuits against Marlette Funding LLC and Avant of Colorado LLC. Among other things, the lawsuits claimed that these two companies, as the online platforms for loans made to Colorado citizens, violated Colorado’s usury caps. In November 2018, the Attorney General amended the complaint to include related entities and various securitization trusts.

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Lender Banks Loans Collections 52

Nerd Wallet

AUGUST 24, 2020

Assurant might not be the best-known name in the insurance world, but its renters policies are worth considering. Assurant renters insurance includes coverage that most other insurance companies charge extra for (or don’t include at all), offering more value for your premium. If you need less coverage, Assurant sells a bare-bones “Liability Only” policy to.

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Collections

Micro Bilt

AUGUST 24, 2020

Finding the right person for the job is always challenging. Not only must you find applicants with the proper credentials, but you also need to identify those who will work well with the rest of the team. COVID-19 has made this task more difficult.

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Burr Forman

AUGUST 24, 2020

On August 20, FINRA warned member firms about a rash of imposter websites, using registered representative’s names, pictures, CRD numbers and other information to gull investors into providing personally-identifying information to fraudsters. FINRA suggests member firms should contact the FBI and financial regulators, and posting a notification to investors on their legitimate websites.

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Financial Institution 52

Nerd Wallet

AUGUST 24, 2020

Welcome to NerdWallet’s SmartMoney podcast, where we answer your real-world money questions. This week’s episode starts with a discussion about how to help small, local businesses, which have been hit much harder by the pandemic than the big online shopping sites. One way is to seek out local sources for products you might otherwise buy. Liz Weston is a writer at NerdWallet.

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Loans 52

Burr Forman

AUGUST 24, 2020

Due to the $8 million JEDA bond proceeds received by the Technical College of the Lowcountry (TCL), as well as significant contributions made by Beaufort County, the town of Bluffton and Beaufort School District, TCL plans to open a new culinary school and arts institute in the fall of 2021. The bonds were issued by the South Carolina Jobs-Economic Development Authority (JEDA), a state agency organized to promote economic development, capital investment and job creation in South Carolina, to hel

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Manufacturing Lawyers Lender Government 52

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.

Fico Collections

AUGUST 24, 2020

Welcome to another instalment of “Confessions of a Payments Professional.” This week’s reveal: prior to March 2020, I had never used the mobile deposit feature of the banking app on my phone. Since then, I’ve deposited nearly a dozen checks using this nifty capability. What does it mean? First, I still get a lot of paper checks. Second, after I figured out how to use mobile deposit the first time, I asked myself, “Why did I ever go to the bank?

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Banks Retail 52

Burr Forman

AUGUST 24, 2020

We’ve all seen the headlines—from Hertz to Brooks Brothers and CEC (Chuck E. Cheese’s parent), many prominent companies have filed for bankruptcy protection in recent months. The total number of Chapter 11 bankruptcy filings over the first half of 2020 was up 26% compared to the first six months of 2019, and most commentators expect to see this rise in bankruptcies continue as COVID-19 further hampers economic activity.

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Bankruptcy Debtor Creditors Judgment 52

Consumer Finance

AUGUST 24, 2020

The Consumer Financial Protection Bureau issued a request for information to examine the impact of the rules that implement the Credit Card Accountability Responsibility and Disclosure Act of 2009.

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Burr Forman

AUGUST 24, 2020

In Episode 2 of the Labor & Employment Podcast Series, Matthew Scully and Carlton Hilson join us to talk about the “New Normal” as it relates to how companies are handling COVID-19 exposure. They discuss the safety protocols, how to deal with positive cases, and how they’re maneuvering through the laws and regulatory statutes. Matthew Scully and Carlton Hilson are both partners in the firm’s Birmingham office and practice in the Labor & Employment section.

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Credit Unions