Account Recovery
OCTOBER 2, 2020
The Federal Communications Commission has issued a Notice of Proposed Rulemaking that seeks to possibly amend the exemptions that have been granted under the Telephone Consumer Protection Act allowing some entities to make calls using automated telephone dialing systems or artificial or pre-recorded voices, which could possibly include debt collection calls.
Enterprise Recovery
OCTOBER 2, 2020
Does your business suffer from late paying customers? Are you a flying-by-the-seat-of-your-pants A/R department of one? Do your clients get away with paying your business late or not at all without any consequences? If you answered 'yes' to any of these questions, an accounts receivable collections policy can help you: Get paid on time. Organize your accounts receivable process so you can handle the job alone.
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Account Recovery
OCTOBER 2, 2020
After a Magistrate Court judge recommended that the defendants in a Fair Debt Collection Practices Act case file a motion for sanctions, a District Court judge in New York has denied the motion, ruling that the “reckless and overzealous advocacy” of the plaintiffs does not rise to the threshold of constituting “bad faith.” A copy … The post Judge Overrules Sanctions Recommendation in FDCPA Case appeared first on AccountsRecovery.net.
Nexa Collect
OCTOBER 2, 2020
For snow removal companies overdue accounts receivable is an ongoing issue. Their customers can be a small business, government, large corporates as well as private homeowners. Customer excuses may range from underbudgeting the cost snow removal work, to temporary economic problems. Not getting paid on time can quickly restrict your cash flow, that’s why hiring a collection agency when an account is 60 days past due is absolutely the right choice.
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
OCTOBER 2, 2020
The second time before the Ninth Circuit Court of Appeals turned out to be the charm for a debt collector that was accused of violating the Fair Debt Collection Practices Act by attempting to collect more than what was owed after a hospital made a billing error. The Court yesterday affirmed a judgment as a … The post Appeals Court Affirms for Defendant Accused of Attempting to Collect Wrong Amount appeared first on AccountsRecovery.net.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
OCTOBER 2, 2020
Healthcare providers are bracing for a seismic shift in where their money comes from, and collection agencies are likely to play a bigger role in a post-COVID-19 world, according to the results of a survey. More than 150 chief financial officers and revenue cycle managers from healthcare providers were asked about how they will be … The post Healthcare Providers Bracing for Spike in Self-Paying Patients appeared first on AccountsRecovery.net.
Nerd Wallet
OCTOBER 2, 2020
Hotel elite status can be confusing. Some hotel programs lavish perks like free breakfast and suite upgrades on their VIPs. Other programs hand elites a bottle of water at check-in and call it a day. And, unlike airline status, some hotel elite status can be earned simply by holding a co-branded credit card. To make. Sam Kemmis is a writer at NerdWallet.
Account Recovery
OCTOBER 2, 2020
APPEALS COURT AFFIRMS FOR DEFENDANT ACCUSED OF ATTEMPTING TO COLLECT WRONG AMOUNT The second time before the Ninth Circuit Court of Appeals turned out to be the charm for a debt collector that was accused of violating the Fair Debt Collection Practices Act by attempting to collect more than what was owed after a hospital … The post Daily Digest – October 2.
Nerd Wallet
OCTOBER 2, 2020
Getting a bank account opens doors to opportunities that alternative services can’t match, such as fraud protection, free check cashing and access to lower-cost loans. If you don’t have a bank account, you’re not alone: Nearly 1 in 10 (8.5%) consumers are unbanked, according to an August 2020 report from Mintel, a market research company. Anna Helhoski is a writer at NerdWallet.
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Debt
OCTOBER 2, 2020
There hasn’t been much good economic news in 2020, but if you’re buried in student loans, there was an astoundingly positive development recently. Thanks to a recent court ruling, you might be able to get out of that debt through bankruptcy!! It’s worth only two exclamation points for now because the decision by the 10th […].
Nerd Wallet
OCTOBER 2, 2020
When you’re considering applying for a credit card, it’s helpful to know beforehand whether you have a good chance of getting approved, especially if you aren’t sure your credit score is high enough. That’s because applying for a credit card typically means a “hard pull” on your credit, which can cause your score to take. Kimberly Palmer is a writer at NerdWallet.
Albuquerque Law
OCTOBER 2, 2020
When business owners decide to file Chapter 11 bankruptcy, they suddenly have a lot on their plate. After all, pursuing debt relief on top of running a business can be complex. It is often beneficial to speak with a lawyer to understand all of the steps required of you when filing Chapter 11 bankruptcy, but here are five critical steps you must remember: 1.
Nerd Wallet
OCTOBER 2, 2020
If you’re looking for a self-improvement task in this pandemic era, try teaching yourself to use contactless payments with your phone or “tap-to-pay” credit and debit cards. Any germaphobe will tell you that the surfaces of bills and coins have always been gross. And handing your credit card to a cashier who has the sniffles. Gregory Karp is a writer at NerdWallet.
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?
Troutman Sanders
OCTOBER 2, 2020
The Court of Appeals for the Eleventh Circuit affirmed the dismissal of a Fair Debt Collection Practices Act (“FDCPA”) lawsuit finding Georgia’s six-month statute of limitations renewal statute did not apply to the FDCPA. In Edwards v. Solomon & Solomon , Edwards filed a Complaint against Solomon and Solomon (“Solomon”), a third-party collection agency in Georgia State Court, alleging violations of the FDCPA.
Nerd Wallet
OCTOBER 2, 2020
The bottom line: Verto Education is a gap year program provider that partners with colleges to enable students to take a gap year and still graduate on their original four-year timeline. It is best for students who want to attend one of the partner colleges, earn college credit or use financial aid to pay for. Cecilia Clark is a writer at NerdWallet.
Better Credit Blog
OCTOBER 2, 2020
Is AWA Collections flooding your phone and mailbox, claiming that you owe them money? Or were you alerted to a new entry from the collections agency on your credit report? Either way, it’s important to take action to minimize the damage to your credit score and stop the company’s constant stream of calls and letters. If you’re wondering how best to proceed with a debt collector like AWA, we’ve got you covered.
Nerd Wallet
OCTOBER 2, 2020
If you decide to never pay your student loans: Once it’s been 30 days since your first missed monthly payment, you’ll be hit with late fees (for federal student loans it’s 6% of the amount unpaid). You’ll get the first late notice on your credit report; that can knock as many as 100 points off. Anna Helhoski is a writer at NerdWallet. Email: anna@nerdwallet.com.
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Better Credit Blog
OCTOBER 2, 2020
Medical bills can be overwhelming, and it’s not uncommon for one to slip through the cracks. While it may have only been caused by a simple mistake, debt in collections can have harsh consequences on your credit score and your everyday life. If you’re being contacted by Healthcare Revenue Recovery Group and aren’t sure how to proceed, take a deep breath and relax.
Nerd Wallet
OCTOBER 2, 2020
SilverSneakers is a program that gives Medicare-eligible adults access to gyms, community centers, online fitness classes, healthy living discounts and a fitness app and more. SilverSneakers is included in many Medicare Advantage plans and some Medical Supplement plans. What is SilverSneakers? Exercise is a crucial part of staying healthy for people of all ages, including older.
Better Credit Blog
OCTOBER 2, 2020
Have you noticed a company called Aargon Agency Inc shows up on your credit report? If you have, this probably means that you are being pursued for an unpaid bill. While calls from debt collectors are annoying, they are the least of your worries. Being pursued by Aargon Agency Inc will be accompanied by a collection account on your credit report and a drop in your credit score.
Nerd Wallet
OCTOBER 2, 2020
The Aer Lingus Visa Signature® Card credit card is an affordable choice for frequent travelers between the U.S. and Ireland. You can earn a generous welcome bonus and a companion ticket, plus enjoy plenty of other perks. To get the most from this card, you need to know how to maximize its best benefits. Know. Amanda Johnson is a writer at NerdWallet.
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.
Albuquerque Law
OCTOBER 2, 2020
When business owners decide to file Chapter 11 bankruptcy, they suddenly have a lot on their plate. After all, pursuing debt relief on top of running a business can be complex. It is often beneficial to speak with a lawyer to understand all of the steps required of you when filing Chapter 11 bankruptcy, but here are five critical steps you must remember: 1.
Nerd Wallet
OCTOBER 2, 2020
Wyndham has recently updated its suite of credit cards and with new options for Wyndham rewards enthusiasts, you may be wondering which — if any — of these cards are right for you. If you’re considering the Wyndham Rewards® Earner? Plus Credit Card, you may want to know if it’s worth the $75 annual fee? Amanda Johnson is a writer at NerdWallet. Email: travel@nerdwallet.com.
NACM
OCTOBER 2, 2020
Construction spending in the U.S. is near levels seen at the beginning of the year. The Census Bureau announced earlier this week that construction spending in August increased 1.4% to a seasonally adjusted annual rate of $1,412.8 billion. This is also 2.5% above the August 2019 data. "A robust rise in residential more than offset a small decline i.
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