Account Recovery

AUGUST 17, 2020

JUDGE GRANTS MSJ FOR PLAINTIFF IN FDCPA CASE OVER BFE DEFENSE A District Court judge in Indiana has adopted a Magistrate Judge’s Report and Recommendation that grants summary judgment in favor of a plaintiff who sued a collection agency for violating the Fair Debt Collection Practices Act for sending a letter to the plaintiff after … The post Daily Digest – August 17.

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Fair Debt Collection Collection Agencies Collections Agency Judgment 246

Nexa Collect

AUGUST 17, 2020

Revenue cycle management in healthcare is a critical discipline. It keeps the lights on and maintains a practice’s ability to see patients. Without it, efficient data collection and patient billing aren’t possible. And with healthcare complexity increasing year upon year, the hunt for qualified individuals assumes a higher priority. Certified revenue cycle representatives (CRCRs) are revenue professionals with specialized credentials that ensure they have the knowledge, skills, and attitude need

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Account Recovery

AUGUST 17, 2020

A District Court judge in Indiana has adopted a Magistrate Judge’s Report and Recommendation that grants summary judgment in favor of a plaintiff who sued a collection agency for violating the Fair Debt Collection Practices Act for sending a letter to the plaintiff after she had communicated that she was refusing to repay the debt. … The post Judge Grants MSJ For Plaintiff in FDCPA Case Over BFE Defense appeared first on AccountsRecovery.net.

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Fair Debt Collection Collection Agencies Collections Agency Judgment 246

Nerd Wallet

AUGUST 17, 2020

Payments are currently suspended, without interest, for federal student loan borrowers until Dec. 31. Originally, a six-month suspension was announced in mid-March as part of a measure included in the coronavirus relief package. It was extended until the end of the year by an executive order. This policy applies only to federal loans, not to. Anna Helhoski is a writer at NerdWallet.

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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

AUGUST 17, 2020

DALLAS, Texas — Malone Frost Martin PLLC, a leading industry defense and compliance law firm, is very pleased to announce that industry veteran Loraine Lyons has joined the team as a Partner in the Compliance and virtual General Counsel services division. Loraine joins Malone Frost Martin with over 20 years of experience exclusively in the accounts … The post Industry veteran Loraine Lyons joins Malone Frost Martin PLLC appeared first on AccountsRecovery.net.

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Law Firms 246

Account Recovery

AUGUST 17, 2020

R1 RCM, one of the nation’s largest revenue cycle management companies, has acknowledged it has taken down part of its systems in response to a ransomware attack, which began more than a week ago, according to a published report. A ransomware attack occurs when hackers breach an organization’s information technology defenses and threaten to either … The post RCM Company Victim of Ransomware Attack: Report appeared first on AccountsRecovery.net.

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Consumer Finance

AUGUST 17, 2020

The Consumer Financial Protection Bureau issued a notice of proposed rulemaking to create a new category of seasoned qualified mortgages in order to encourage innovation and help ensure access to responsible, affordable in the mortgage credit market.

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Account Recovery

AUGUST 17, 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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Nerd Wallet

AUGUST 17, 2020

For a limited time, several Delta SkyMiles credit cards are offering existing eligible cardholders elevated rewards on Delta flights. In addition, depending on the card, you may also qualify for spending bonuses or higher rewards at restaurants. If you’re eligible, you’ll receive email instructions that contain offer details and a link for enrollment, which is.

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Collections

Account Recovery

AUGUST 17, 2020

A District Court judge in Washington has denied a defendant’s request to stay its Telephone Consumer Protection Act case until the Supreme Court rules in Facebook v. Duguid, ruling that it is more “desirable” to try and proceed with discovery than it would be to wait. A copy of the ruling in the case of … The post Judge Denies Stay in TCPA Case Pending Outcome of Supreme Court Ruling appeared first on AccountsRecovery.net.

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Nerd Wallet

AUGUST 17, 2020

If you’re a foodie and love to fly Delta, we have good news for you. And if you’re hoping to achieve the next level of Medallion status, we have some good news for you, too. Delta SkyMiles American Express cards are offering new bonuses for dining and Delta purchases, including bonus Medallion Qualification Miles for. Ramsey Qubein is a writer at NerdWallet.

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Fraser

AUGUST 17, 2020

On July 8, 2020, the Internal Revenue Service (“IRS”) and the U.S. Department of Treasury (“Treasury”) released guidance to employers regarding the requirement to report the amount of qualified sick leave wages and qualified family leave wages paid to employees under the Families First Coronavirus Response Act (“FFCRA”). The guidance was provided in Notice 2020-54 (the “Guidance”).

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Nerd Wallet

AUGUST 17, 2020

Accor Hotels comprise more than 30 brands including Sofitel, Fairmont, Swissotel, Raffles, Banyan Tree, Angsana, MGallery Collection and Mövenpick. Members of the Accor Live Limitless loyalty program, known as ALL, can earn and redeem points at properties around the world. ALL works differently than other hotel loyalty programs. Points are used as a credit to.

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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

AUGUST 17, 2020

On August 12, 2020, Nicholas Brechun, Compliance Supervisor for the Colorado Fair Debt Collection Practices Act (“CFDCPA” or “the Act”), sent out notice of a stakeholder meeting to discuss amendments to the Act. The stakeholder meeting has been scheduled for August 25, 2020 at 2:00 p.m. The proposed amendments are available in redline here. Most significantly, the suggested rule changes include: Rule 1.05(4) – preventing a terminated licensee from selling rights to collect accounts to another li

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Fair Debt Collection Collection Agencies Collections Agency Collections 59

Nerd Wallet

AUGUST 17, 2020

The Delta SkyMiles® Reserve American Express Card is the premier credit card for Delta SkyMiles members. It provides numerous benefits for the frequent Delta traveler that can far exceed its $550 annual fee. These perks include accelerated Delta Medallion status, complimentary upgrades, airport lounge access and an annual companion certificate. Terms apply.

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Direct Recovery

AUGUST 17, 2020

As the Covid-19 pandemic continues to wreak havoc on businesses around the globe, it is only a matter of time before government stimulus money runs out and the pain felt by those businesses trickles down to individual people across just about every tax bracket. Regardless of where you might fall on the income spectrum, there is a good chance that the pandemic is going to impact your finances in one way or another, and how you respond to that impact could determine where you sit financially for d

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Nerd Wallet

AUGUST 17, 2020

Welcome to NerdWallet’s SmartMoney podcast, where we answer your real-world money questions. This week’s episode starts with a discussion about pet costs, based on a survey showing nearly half of dog owners underestimated how much their pet would cost, which on average was over $1,200 a year. (Cat owners spend about half that amount, but. Liz Weston is a writer at NerdWallet.

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Collections

Troutman Sanders

AUGUST 17, 2020

Enforcement of the California Consumer Privacy Act (CCPA) began July 1, 2020. Our privacy team at Troutman Pepper includes several attorneys who worked in an attorney general’s office. This privacy regulatory team has identified six areas of enforcement likely to catch the California Office of the Attorney General’s (OAG) attention, which arguably holds sole regulatory enforcement authority under the Act.

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Better Credit Blog

AUGUST 17, 2020

If you are being pursued by Capio Partners for a debt, this means that they have opened up an entry on your credit report. Apart from being annoying, these debt collectors can cause a host of problems for your credit score down the line. Collection accounts can hurt your credit score even after you pay off the debt. These entries remain on your credit report for up to seven years, which means that they can be viewed by creditors and lenders.

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Debt collector Creditors Fair Debt Collection Acquisition 52

Burr Forman

AUGUST 17, 2020

On April 13, 2020, the District Court of Kansas in Hampton v. Barclays Bank Delaware , No. 18-4071-DDC-ADM, 2020 WL 4698476 (D. Kan. Aug. 13, 2020), joined the Seventh and Eleventh Circuits in holding that devices that exclusively dial numbers stored in a customer database do not qualify as autodialers under the TCPA. The Plaintiff, Anthony Hampton (“Plaintiff”), asserted numerous claims against multiple defendants, including a TCPA claim against Marketplace Loan Grantor Trust, Serie

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Better Credit Blog

AUGUST 17, 2020

If you have Sprint debt, it will show up on your credit report as a collections account. Sprint may even pass off the collections to a third-party agency to coerce payments from you. Whether you are hearing from Sprint or a collections agency, no one enjoys dealing with debt collectors. What is worse it that open accounts on your credit report can significantly impact your credit score.

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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.

Burr Forman

AUGUST 17, 2020

We invite three of the firm’s pre-law students to chat with us on the firm’s diversity and inclusion podcast series and talk about their experience through Burr’s Virtual Pre-Law Program. Take a listen as we chat with rising Duke University Senior Greta Chen, rising Mercer University Junior Elijah Moore and incoming law student Evan Boykin. The post Pre-Law Program Recap appeared first on Burr & Forman.

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Consumer Finance

AUGUST 17, 2020

Good morning. Thank you, Kara, for that kind introduction. And thank you to Women in Housing and Finance for hosting this event.

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NACM

AUGUST 17, 2020

To the dismay of construction professionals, construction input prices rose once more in July by nearly 2%, according to Associated Builders and Contractors (ABC). Data from the U.S. Bureau of Labor Statistics revealed the majority of the increase was from inputs to nonresidential construction at 1.8%.Six out of the 11 subcategories saw lower price.

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Construction 5

Titan Consulting

AUGUST 17, 2020

Key Takeaways. Changes in your credit utilization, whether caused by increased spending or a reduction in available credit, will negatively impact your credit score. Skipping payments without getting pre-approval for a forbearance, results in a late or missed payment and will hurt your credit score. Shifting your spending to credit cards in an unnatural way, or opening new accounts or lines of credit can both negatively impact your credit score.

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