Account Recovery

NOVEMBER 20, 2020

Generally, things that are sticky are not things that are sought after and desired. But when it comes to practice and training, that needs to be sticky to be effective. Because how many times have you set up a training session for your collectors, watched them walk back to their desks and use it for … The post Training Bytes Video: How to Use Practice to Help Motivate Collectors appeared first on AccountsRecovery.net.

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Enterprise Recovery

NOVEMBER 20, 2020

As we've said before, time is money. With that in mind, the last thing you or your sales reps want to do is spend time with a client who: Doesn't match your version of the ideal client. Doesn't have a need for what you're offering. Doesn't have the money to pay you. Timing is also everything. Your salespeople need to be able to identify if the client meets all of your qualifiers and is ready to buy.

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Account Recovery

NOVEMBER 20, 2020

JUDGE CITES ‘LIMITED SUCCESS’ IN FDCPA CASE IN REDUCING PLAINTIFF’S ATTORNEY’S FEES BY 50% A District Court judge in Wisconsin has lowered the attorney’s fees awarded to counsel representing a plaintiff in a Fair Debt Collection Practices Act case by 50%, ruling that their “limited success” in the case merited such a discount.

Fair Debt Collection 236

Fair Debt Collection Collections 236

American Profit Recovery

NOVEMBER 20, 2020

Theoretical Underpinnings. Our PR guy was in town this time last year and among all of the really good questions that were asked during filming, there was one that struck me. What gets you out of bed in the morning? My first thought was when you have hobbies like hunting and fishing, you’re always awake before the sun comes up. It also means that you wait for the weekdays to ‘sleep in’ (if only until 5 am).

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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

NOVEMBER 20, 2020

A District Court judge in Wisconsin has lowered the attorney’s fees awarded to counsel representing a plaintiff in a Fair Debt Collection Practices Act case by 50%, ruling that their “limited success” in the case merited such a discount. A copy of the ruling in the case of Gould v. Monarch Recovery Management can be … The post Judge Cites ‘Limited Success’ in FDCPA Case in Reducing Plaintiff’s Attorney’s Fees by 50% appeared first on AccountsRecove

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Fair Debt Collection Collections 162

Account Recovery

NOVEMBER 20, 2020

The latest chapter in the case of Consumer Financial Protection Bureau v. Seila Law took place yesterday, as both sides made their arguments before a panel of judges from the Ninth Circuit Court of Appeals, which will determine whether the law firm has to comply with a civil investigative demand that it received from the … The post Ninth Circuit Hears Arguments in Next Round of CFPB v.

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Law Firms 147

Nerd Wallet

NOVEMBER 20, 2020

An estimated 1 in 5 Americans reported being victims of package theft over the summer — reaching near “peak levels” — according to a survey from Security.org, a security research site. And porch pirates typically get even more brazen around the holidays. Worried about your Black Friday purchases or Grandma’s gingerbread cookie care box arriving. Lauren Schwahn is a writer at NerdWallet.

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Account Recovery

NOVEMBER 20, 2020

A District Court judge in Florida has denied a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Credit Reporting Act, ruling that the plaintiff met the threshold for stating a claim by saying that the furnisher failed to conduct a reasonable investigation after it was notified by a credit reporting … The post Judge Denies MTD in FCRA Case on Failure to State a Claim appeared first on AccountsRecovery.net.

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Luftman, Heck & Associates.

NOVEMBER 20, 2020

Chapter 13 bankruptcy can help consolidate your debt so you can repay it, usually over 3 to 5 years. Your monthly payments will depend on your income since the plan is income-based, and while Chapter 13 can put you on the right financial path, it typically means making sacrifices in the short term. One of the most common things people scale back on is making their car insurance payments.

Chapter 13 bankruptcy 98

Chapter 13 bankruptcy Bankruptcy 98

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Collections

Nerd Wallet

NOVEMBER 20, 2020

The American Express® Business Gold Card comes with plenty of perks, especially for business owners who enjoy traveling or see themselves on the road for work a lot. It also comes with a significant $295 annual fee. Terms apply. Given the upfront cost, here’s how to get the most out of your American Express® Business. Ben Nickel-D’Andrea is a writer at NerdWallet.

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UK debt collections

NOVEMBER 20, 2020

A council mistakenly sent more than 1,600 “alarming” debt collection letters to allotment holders. Sheffield Council said the error happened because it employed a debt recovery agency to help with a backlog of fines on hold since March. It admitted the plan backfired after people were panicked by the debt agency headed letters. Councillor Terry Fox has now “personally apologised” for the distress and worry caused.

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Collections Debt Recovery Debt collector Collection Agencies 59

Nerd Wallet

NOVEMBER 20, 2020

When I hear financial tips that are unrealistic or shame-inducing, I cringe. Any advice that makes complicated money moves seem like an easy path to profit is downright dangerous. Questionable guidance is all around, oversimplifying important decisions or claiming a one-size-fits-all approach will work. Amid the black-and-white world of advice-giving, there’s a lot of gray.

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Fico Collections

NOVEMBER 20, 2020

According to research from Equifax, the 2008 recession had an unexpected and interesting effect on credit unions. While market volume was down across the board in auto loan and bank card originations: Credit unions increased their market share by about 15% in auto loan origination. Credit unions increased their market share by nearly 6% in bankcard dollar origination.

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Credit Unions Credit Unions Banks Acquisition 52

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

Nerd Wallet

NOVEMBER 20, 2020

Have you ever scoured the racks at a department store and found, say, a pair of designer shoes on sale for 90% off? And the shoes were kind of hidden because they were in an unmarked box on a lower shelf in a corner where most shoppers wouldn’t see them? That’s kind of what scoring. Kendra Collins is a writer at NerdWallet. Email: travel@nerdwallet.com.

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Troutman Sanders

NOVEMBER 20, 2020

Reversing a district court’s dismissal for failure to state a claim under the Fair Debt Collection Practices Act (“FDCPA”), the Second Circuit (“the Court”) ruled in Mizrachi v. Wilson, Elser, Moskowitz, Edelman & Dicker LP that a threat of suit without further notice included in the defendant’s debt collection letter may have overshadowed notice of the consumer’s validation rights also included in the letter.

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Collateral Fair Debt Collection Law Firms Debt collector 52

Nerd Wallet

NOVEMBER 20, 2020

NerdWallet is a free tool to find you the best credit cards, cd rates, savings, checking accounts, scholarships, healthcare and airlines. Start here to maximize your rewards or minimize your interest rates. Andrew Marder ALLSTATE LIFE INSURANCERated 3.5 stars out of 5 by NerdWallet.More complaints to state regulators about life insurance than expected for a.

Healthcare 69

Healthcare 69

Troutman Sanders

NOVEMBER 20, 2020

In a putative class action, Santoro v. State Farm Mutual Automobile Insurance Co., 2020 WL 6586630, 19-CV-9782 (CS) (S.D.N.Y. Nov. 9, 2020), District Court Judge Cathy Seibel dismissed the plaintiff’s complaint under Rule 12(b)(6) for failure to state a violation of New York General Business Law (“GBL”) § 399-zzz, which is enforceable through GBL § 349 (the “Deceptive Practices Act”).

Auto Insurance 52

Auto Insurance Trade Lender 52

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Collections

Nerd Wallet

NOVEMBER 20, 2020

The Blue Cash Preferred® Card from American Express comes with a $0 intro for the first year, then $95 annual fee. While that isn’t necessarily cheap, the cost is mitigated by two key factors: One, the card’s annual fee is waived for the first year. Two, cardholders can earn a statement-credit welcome bonus, which more. Andy Shuman is a writer at NerdWallet.

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Click Notices

NOVEMBER 20, 2020

The Governor of Florida’s Executive Order regarding evictions has officially expired. The CDC’s Agency Order limiting evictions for non-payment of rent is in effect until December 31, 2020, however, this Order does not apply to all evictions in Florida. Unless matters change, currently the CDC Agency Order only protects residential tenants from being evicted for the non-payment of rent through December 31, 2020.

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Judgment 52

Nerd Wallet

NOVEMBER 20, 2020

American Airlines and Alaska Airlines are strengthening their partnership yet again. This morning, the airlines shared a new timeline for rolling out reciprocal elite benefits in 2021. When Alaska joins the Oneworld Alliance in March 2021, American Airlines AAdvantage elite status members will get extra-legroom seats, lounge access and other elite benefits when flying on.

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Fico Collections

NOVEMBER 20, 2020

FICO is providing credit line optimization to manage the growing consumer credit card portfolio for one of the biggest Turkish retail banks, Akbank. FICO will configure and develop sophisticated “action-effect” models for Akbank’s retail lending team using FICO® Decision Optimizer to manage their initial credit line assignment and the on-going limits for Akbank’s consumer credit card portfolio.

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Retail Consumer Credit Banks Loans 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.

NACM

NOVEMBER 20, 2020

Existing-home sales continue to climb as housing inventory dwindles in the U.S. For the fifth straight month, sales increased in October, according to the National Association of Realtors. The seasonally adjusted rate of 6.85 million is 4.3% ahead of September, 26.6% above October 2019 and at its highest pace in 14 years. "The surge in sales in rec.

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NACM

NOVEMBER 20, 2020

Winter is coming and that means the inevitable slowdown in construction is not far behind. Depending upon specialties, some construction companies fare better than others during the winter months, but slight declines in overall business are common during the industry's offseason. What remains uncharted territory for many in the sector is the combin.

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Construction 5