Account Recovery

DECEMBER 16, 2022

SUIT ACCUSES COLLECTOR OF ATTEMPTING TO COLLECT ON NON-EXISTENT LEASE A debt collector has been sued for allegedly violating the Fair Debt Collection Practices Act and the Fair Credit Reporting Act for attempting to collect on an account that was placed with the agency for an apartment lease — which the plaintiffs claim was never … The post Daily Digest – December 16.

Fair Debt Collection 246

Fair Debt Collection Collections Debt collector 246

Enterprise Recovery

DECEMBER 16, 2022

Losing a client after establishing a relationship and putting in work efforts can be disruptive to any organization. It's especially painful if you're working as an independent contractor, freelance, or as a growing business. The loss in revenue may mean that you need to find another client immediately. There are some practical steps you can take to bounce back.

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Account Recovery

DECEMBER 16, 2022

The Attorney General of Minnesota is investigating the billing and collection practices of a well-know healthcare provider, following a published report that detailed how the provider is filing collection lawsuits to recover unpaid medical debts from low-income patients. A spokesman for Keith Ellison, the AG of Minnesota, said that the “apparent aggressive bill-collection conduct” that … The post State AG Investigating Healthcare Provider for ‘Aggressive’ Collection Practices f

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Healthcare Collections 246

Credit Corp

DECEMBER 16, 2022

As a member of an underrepresented community, your existence in the business world might be slightly different than that of your peers. Whether you’re a woman, a person of color, or part of the LGBTQ+ community, the world of entrepreneurship can present unique challenges. While there are many basic ways to get started as an entrepreneur , expanding an existing underrepresented business is different.

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Loans 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

DECEMBER 16, 2022

One of the nation’s largest financial institutions has been ordered by a state court judge in California to pay $2 million after it was accused of violating the Rosenthal Fair Debt Collection Practices Act and the Fair Debt Collection Practices Act by making “harassing and annoying” debt collection calls to its customers. Capital One will … The post Capital One to Pay $2M As Part of Collection Call Enforcement Action first appeared on AccountsRecovery.net.

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Fair Debt Collection Collections Financial Institution 246

Account Recovery

DECEMBER 16, 2022

In a case that was defended by Rick Perr at Kaufman Dolowich & Voluck, a District Court judge in Pennsylvania has granted a judgment on the pleadings for a defendant that was accused of violating the Fair Debt Collection Practices Act when it garnished a joint bank account despite allegedly knowing it contained funds immune … The post Judge Grants Judgment for Defendant in FDCPA Case Over Garnishment from Joint Bank Account first appeared on AccountsRecovery.net.

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Garnishment Judgment Banks Fair Debt Collection 246

Nerd Wallet

DECEMBER 16, 2022

Jae Bratton writes for NerdWallet. Email: jbratton@nerdwallet.com. The article A Guide to Bank of America’s Student Credit Cards originally appeared on NerdWallet.

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Banks 93

Account Recovery

DECEMBER 16, 2022

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call … The post Suit Accuses Collector of Attempting to Collect on Non-Existent Lease first appeared on AccountsRecovery.net.

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Collections 246

Nerd Wallet

DECEMBER 16, 2022

Hal M. Bundrick, CFP® writes for NerdWallet. Email: hal@nerdwallet.com. Twitter: @halmbundrick. The article Stubbornly High Prices, a Way to Boost Savings and ‘Ticketmaybe’ originally appeared on NerdWallet.

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Collections

Troutman Sanders

DECEMBER 16, 2022

Is an arbitration provision enforceable if it is added to a bank’s deposit account agreement four years after the account is opened and contains no meaningful opt-out clause? According to the United States District Court for the Southern District of New York, the answer to that question is no. A copy of the court’s decision and order can be found here.

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Banks Financial Institution 52

Nerd Wallet

DECEMBER 16, 2022

Apple is one of the most popular consumer brands in the world, so it’s no surprise that many banks allow you to redeem points for Apple merchandise and gift cards. If you’re in the market for an Apple product and have a pile of points collecting dust, applying those points towards your purchase could be. Craig Joseph writes for NerdWallet. Email: cjoseph@nerdwallet.com.

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Banks Collections 71

NACM

DECEMBER 16, 2022

? On this week's episode of Extra Credit, we have a mashup of three important topics!? How best to communicate the urgency of payment to customers with Yazmin Yepez. ? Tips for easing the pain of customer payment portals with Kimberly Tatum. ? Why knowledge of the supply chain is no longer optional in B2B credit with Shaun Papperman.

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Nerd Wallet

DECEMBER 16, 2022

Lee Huffman writes for NerdWallet. Email: travel@nerdwallet.com. The article The Best Cruise Lines originally appeared on NerdWallet.

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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