Account Recovery

MARCH 17, 2021

A bill has been introduced in the House of Representatives that seeks to amend the Fair Debt Collection Practices Act to change the information included in the written notice that follows an initial communication and provide written notice at least 30 days before commencing a legal action against a consumer. The bill, H.R. 1671 — … The post Bill Introduced to Amend FDCPA to Protect Consumers From ‘Predatory’ Collectors appeared first on AccountsRecovery.net.

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Fair Debt Collection Collections 246

Nerd Wallet

MARCH 17, 2021

If you know you’re getting a refund come tax time, filing your taxes can almost feel fun. But if you suspect you’re going to owe the IRS money you don’t have, it can be hard to even start the process. According to a NerdWallet survey, of those who failed to file by last year’s extended. Alana Benson writes for NerdWallet. Email: abenson@nerdwallet.com.

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Account Recovery

MARCH 17, 2021

In a case that was defended by Lawrence Bartel and Andrew Schwartz from Gordon Rees Scully Mansukhani, the Third Circuit Court of Appeals has affirmed the dismissal of a Fair Debt Collection Practices Act case in which the wife of a deceased individual sued after she was sent collection letters by a law firm seeking … The post Appeals Court Upholds Dismissal of FDCPA Case After Hospital Sought to Collect From Wife of Deceased Husband appeared first on AccountsRecovery.net.

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Fair Debt Collection Law Firms Collections 246

Nerd Wallet

MARCH 17, 2021

When it comes to spending money, there are things that you want to buy — and things you have to pay for. That’s the line between discretionary expenses and everything else. Wants versus needs. What are discretionary expenses? A discretionary expense is voluntary spending. You want to buy something, but it isn’t mandatory. Entertainment and. Hal M. Bundrick, CFP writes for 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

MARCH 17, 2021

The Third Circuit Court of Appeals has affirmed a summary judgment ruling in favor of a defendant that was sued for allegedly violating the Fair Debt Collection Practices Act because it invited the recipient of a collection letter to “eliminate further collection action” by calling the collector, which the plaintiff claimed deceived consumers into thinking … The post Appeals Court Affirms MSJ For Defendant in FDCPA Case Over Invitation to Call Made in Letter appeared first on A

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Fair Debt Collection Judgment Collections 239

Account Recovery

MARCH 17, 2021

BEDARD: BREAKING DOWN REGULATION F’S PROVISIONS ON TIME-BARRED DEBT COLLECTION The Consumer Financial Protection Bureau made a small, but important change from the proposed debt collection rule to the final version of Regulation F with respect to the liability that debt collectors face when attempting to collect on time-barred debts. In the latest episode of … The post Daily Digest – March 17.

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Judgment Debt collector Collections 221

Nerd Wallet

MARCH 17, 2021

As your business grows, you may find that you are in need of professional bookkeeping services. Maybe you now need someone onsite to handle customer billing or accounts payable. Or maybe you need weekly, or even daily, financial reports in order to make sound financial decisions for your growing business. Whatever the reason, when the. Billie Anne Grigg writes for NerdWallet.

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Account Recovery

MARCH 17, 2021

The Consumer Financial Protection Bureau made a small, but important change from the proposed debt collection rule to the final version of Regulation F with respect to the liability that debt collectors face when attempting to collect on time-barred debts. The CFPB opted not to use a “knows or should have known” standard — which … The post Bedard: Breaking Down Regulation F’s Provision on Time-Barred Debt Collection appeared first on AccountsRecovery.net.

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Collections Debt collector 147

Credit Corp

MARCH 17, 2021

According to a 2018 survey, almost 30% of children have used their parent’s credit or debit cards without permission. And around 50% of people responding to the same survey said they gave children permission to use their credit cards—with most of those individuals coming to regret the decision. One reason handing your child your credit or debit card can be an issue is that they most likely do not fully understand the money management that goes into using the card.

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Education 98

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Collections

Fico Collections

MARCH 17, 2021

Trade-based money laundering (TBML) is a growing risk, as seemingly legitimate transactions are exploited by criminal groups to launder funds and finance terrorist activity. In this two-part series, I will explore some recent studies on TBML, the challenges faced in countering the problem and some industry trends. However to set a context, we must first answer the question – what is trade-based money laundering?

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Credit Corp

MARCH 17, 2021

It’s the beginning of the 2021 tax season , and you’re raring to go. You gather up your documents for the 2020 tax year and file your federal and state taxes before the dinner bell rings. But once you’re done, you realize you forgot to claim a deduction. So, can you correct a mistake on a tax return you’ve already filed? Many people make mistakes on their tax returns each year.

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Accrued Interest Retrieval 90

Nerd Wallet

MARCH 17, 2021

While I commuted in an electric car for six years people often asked me, “How long does it take to charge your EV?” It was a tricky question to answer for at least four reasons: You never charge from empty, unless a tow truck dragged you home. There are different levels of charging ranging from. Philip Reed writes for NerdWallet. Email: articles@nerdwallet.com.

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Student loans Student Loans Loans 77

Burr Forman

MARCH 17, 2021

Jim Gilliam and Hunter Freeman successfully represented Coastal Carolina University in a five-day federal jury trial involving Title IX of the Education Amendments of 1972. While plaintiff was a student at the University, a female student accused the male plaintiff of sexual assault. The University followed its policies in conducting an investigation and engaging in the student-disciplinary process.

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Education Bankruptcy Government 75

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

MARCH 17, 2021

Beginning March 25, 2021, the number of points required to book a free night at 10 Hyatt hotels worldwide is about to get more expensive. Points-smart travelers will lock in stays at domestic properties like the Hyatt House Nashville/Downtown-SoBro, which will likely stay in high demand as closed borders keep many U.S. travelers close to. Sally French writes for NerdWallet.

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UK debt collections

MARCH 17, 2021

Uk Sole traders group IPSE has called upon the new Small Business Commissioner Liz Barclay to take a tougher approach to late payments. IPSE has claimed the issue has become worse during the covid-19 pandemic. Research by IPSE (the Association of Independent Professionals and the Self-Employed) has shown that over a third of freelancers (36%) have been affected by an increase in late payments during the pandemic.

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Nerd Wallet

MARCH 17, 2021

Of all the financial statements you can create in QuickBooks, the income statement is almost certainly the one you’ll run most often. That’s why it’s absolutely vital that you know how to create one. And although creating and printing the statement isn’t difficult, there are a number of different ways you can customize, save and. Billie Anne Grigg writes for NerdWallet.

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Fraser

MARCH 17, 2021

Recently, Redfin issued an analysis it performed looking at over 220,000 home sales and found NO consistent relationship between the addition of low-income housing and changes in home prices. In fact, in 4 metro areas homes sold for more after construction of low-income housing. Redfin researched 26 metro areas in the US. However, the study also showed that there is continues to exist economic segregation with the challenge creating economic integrated neighborhoods.

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Construction 54

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Collections

Nerd Wallet

MARCH 17, 2021

Southern California theme park Knott’s Berry Farm is known for its decadent fried chicken dinners and boysenberry pie. It’s also equally famous for its thrill rides, like the rickety, wooden GhostRider and the inverted Silver Bullet. Combine them, and you’re sure to lose your lunch. Alas, a lot more than lunch was lost for the. Sally French writes for NerdWallet.

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CSA

MARCH 17, 2021

In this issue: Latest FOS newsletter confirms chief ombudsman departure Insolvency Service publishes call for evidence in review of Insolvency Rules Liz Barclay appointed new Small Business Commissioner FCA updates duty of care webpage with consultation plans EDPB shares summary of latest plenary session including statement on ePrivacy Regulation FCA updates policy development webpage for March 2021 LSB shares second article on customer journey in a digital world Regulators set out plan of work

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Creditor Engagement Banks Creditors Government 40

Nerd Wallet

MARCH 17, 2021

Hotel elite status used to be one of the hottest status symbols in travel pre-coronavirus. Upgrades to suites and access to club lounges were the stuff of Instagram influencers’ and business travelers’ dreams alike. That changed as travelers turned to vacation rentals like Airbnb and RV rentals as their preferred forms of COVID-era lodging. But. Sally French writes for NerdWallet.

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Nerd Wallet

MARCH 17, 2021

A common business accounting question that tax practitioners often hear from small-business clients is “Why doesn’t my business get a tax refund?” Taxpayers, in general, receive a refund only when they have paid more tax than was due on their return. The same is essentially true of businesses. However, just like there are different types. Heather D.

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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.

Nerd Wallet

MARCH 17, 2021

Questions about QuickBooks — and the answers to them — can open up some pretty amazing features in your small-business accounting software. Through face-to-face conversation with QuickBooks users, we’ve compiled some common QuickBooks questions and answers. Learn more on QuickBooks' site. If you have other QuickBooks questions that aren’t answered here, there are also some.

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Nerd Wallet

MARCH 17, 2021

Ally doesn’t offer business checking accounts. Instead, the bank offers personal checking accounts, savings accounts and certificates of deposit. To find a business checking account, you can search other online banks, as well as brick-and-mortar institutions, and compare options considering the account features that are most important to your small business.

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Banks 52

Nerd Wallet

MARCH 17, 2021

There are many different ways you can analyze your business’s financial statements. Many small-business owners limit their financial statement analysis to either the last fiscal or calendar year, the previous month or the current year to date. But there is another analysis tool that can give you a more accurate view of your business’s financial health.

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Nerd Wallet

MARCH 17, 2021

Form 1065, also known as the U.S. Return of Partnership Income, is an informational tax form used to report the income, gains, losses, deductions, credits and other applicable information concerning the operations of a partnership. If your business is a partnership or LLC, Form 1065 is one of the most important annual tax forms you. Randa Kriss writes for NerdWallet.

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