Mon.Aug 15, 2022

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Compliance Digest – August 15

Account Recovery

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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What to Do Before a Credit Check

Nerd Wallet

Lenders will typically require a credit check when you apply for credit such as a mortgage, credit card or auto loan. Prospective landlords, employers and utility providers may also check your credit. If the check doesn’t go well, your application may be denied or you may get unfavorable loan terms, like a higher interest rate. Lauren Schwahn writes for NerdWallet.

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CAC Launches Letter Writing Campaign to Show Opposition to SB 1477

Account Recovery

The California Association of Collectors has started a grassroots effort to get participants in the accounts receivable management industry to share their feelings about a bill being considered in the state legislature that would protect more of consumers’ assets from garnishments and judgments. The CAC is asking those opposed to such measures to send letters … The post CAC Launches Letter Writing Campaign to Show Opposition to SB 1477 appeared first on AccountsRecovery.net.

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What Is Stagflation? Are We Experiencing It Now?

Nerd Wallet

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. High prices and a weak national economy are close to a perfect storm for consumers. With stagflation, households struggling.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

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.

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Appeals Court Overturns Dismissal in Whistleblower Lawsuit Filed Against Collection Operation

Account Recovery

The Court of Appeals for the Seventh Circuit has overturned a lower court’s dismissal of a whistleblower lawsuit filed against a collection agency that was accused of writing off bad debts owed to Medicare without undergoing reasonable collection efforts, while affirming the dismissal in favor of the healthcare provider and the billing company that were … The post Appeals Court Overturns Dismissal in Whistleblower Lawsuit Filed Against Collection Operation appeared first on AccountsR

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Judge Grants MTD in FDCPA Case Over Balance, Check Processing Disclosures

Account Recovery

A District Court judge in New Jersey has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act class-action lawsuit, ruling that disclosures related to check processing and the balance that was due did not violate the statute. A copy of the ruling in the case of Hirschman v. DCM Services can be … The post Judge Grants MTD in FDCPA Case Over Balance, Check Processing Disclosures appeared first on AccountsRecovery.net.

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How to Plan a Trip

Nerd Wallet

Have you avoided traveling during the pandemic? Travelers who’ve stuck close to home for the past two years are now looking to resume their wandering ways — maybe you are too. But where to begin? Perhaps you haven’t planned a trip in a while and need a refresher. Or maybe you just got a new. Anya Kartashova writes for NerdWallet. Email: travel@nerdwallet.com.

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Join Your Fellow Members at Northeast Debt Collection Expo 2022

Account Recovery

The Northeast Debt Collection Conference is set to return to Caesar’s in Atlantic City, New Jersey on September 18-20. This event for ACA International state units covering 13 states will feature the ACPAC Bottle Auction as well as informative and enlightening sessions on accounts receivable management industry topics and business solutions. Topics this year include … The post Join Your Fellow Members at Northeast Debt Collection Expo 2022 appeared first on AccountsRecovery.net.

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United vs. Southwest: Which Is Best?

Nerd Wallet

When you’re looking to travel by air, you’ll typically find yourself sorting through a lot of options — all with different flight times, prices and airlines. Sometimes the choice is easy, especially if you want the cheapest ticket or a specific travel time. But other times, the only difference seems to be the airline. In. Natasha Gabrielle writes for NerdWallet.

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When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

Are you finding some snags in your collections process? With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

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Daily Digest – August 15. Appeals Court Overturns Dismissal in Whistleblower Lawsuit; Judge Grants MTD in FDCPA Class-Action

Account Recovery

APPEALS COURT OVERTURNS DISMISSAL IN WHISTLEBLOWER LAWSUIT FILED AGAINST COLLECTION OPERATION The Court of Appeals for the Seventh Circuit has overturned a lower court’s dismissal of a whistleblower lawsuit filed against a collection agency that was accused of writing off bad debts owed to Medicare without undergoing reasonable collection efforts, while affirming the dismissal in … The post Daily Digest – August 15.

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Mobile ID: How It Works at TSA Checkpoints

Nerd Wallet

The future is hurtling right towards us — and if you doubt that, you need only look at how quickly security checks and customs lines are progressing. From touchless Global Entry kiosks to passing Clear with just a scan of your eyes, we see advancements in technology everywhere. A new hurdle was cleared earlier this. Carissa Rawson writes for NerdWallet.

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Private Bailiff tenant evictions up by 39%

UK debt collections

Tenant evictions by bailiffs in the private rental sector (PRS) have increased by 39% say latest government figures released. The figures show that 3,405 households in the private rental sector were evicted by bailiffs in England between April and June 2022, up 39% on the previous quarter. It follows previous figures in May that showed that the number of ‘no-fault’ evictions issued in the first three months of this year was up 41% on the same period in 2020, which was largely before the COVID-19

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How the Wells Fargo Autograph Stacks Up Against Competitors

Nerd Wallet

Travel rewards credit cards pile on some sweet perks, but in many cases you’ll have to pay a hefty annual fee. That’s not the case with the Wells Fargo Autograph? Card, which offers a sign-up bonus and a high rewards rate in popular spending categories, all for a $0 annual fee. Here’s what you’d get. Sara Rathner writes for NerdWallet. Email: srathner@nerdwallet.com.

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ERM Program Fundamentals for Success in the Banking Industry

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?

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Eleventh Circuit Denies Petition for Rehearing, Permits Split Decision Barring Incentive Awards to Stand

TCPA

The Eleventh Circuit recently decided not to rehear en banc a panel decision which held that a TCPA class action settlement could not include an incentive award for the lead plaintiff. See Johnson v. NPAS Sols., LLC, No.

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Smart Money Podcast: Investing for Your Dream Life

Nerd Wallet

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week we’re running an episode.

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Eleventh Circuit Denies Rehearing of Decision Holding Class Incentive Awards Unlawful

Troutman Sanders

In a 7-4 split decision, the Eleventh Circuit declined to rehear en banc a panel decision issued in September 2020, holding a class settlement that included an incentive award to the class representative was improper. The en banc majority did not issue an opinion, but the four dissenting judges criticized the panel decision as wrongly decided and asserted it “far overreached by banning all incentive awards in class actions.”.

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What Medicare Part A’s Belly-Up Date Means for You

Nerd Wallet

At its current pace, Medicare’s Hospital Insurance trust fund will run out of money in 2028, according to the June 2022 Medicare trustees report. That’s a two-year extension on the previous estimate, but experts say it’s still not good news, and the government needs to stop twiddling its thumbs. Here’s what you should know. What. Kate Ashford, CSA® writes for NerdWallet.

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You Put in a Full Work Week. Shouldn’t Your Collections Software Do the Same?

Discover a modern, cloud-based collection system that never takes a rest day. MeridianLink® Collect is an intuitive platform with advanced customization options developed to simplify the collections process. Here are four ways MeridianLink Collect can support your team: Omnichannel communications Compliance rules & checklists Workflows & queues One interface with supporting integrations And that’s just the start.

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Article on Accelerating Limitations Periods in Trust Administration

McLane

The following article was published in the Union Leader on August 7, 2022: Know the Law: Let’s Move This Along – Accelerating Limitations Periods in Trust Administration. Q: How can trustees reduce the limitations periods for challenges to the trust instrument or the trustee’s administration? A: In probate litigation, there are two primary challenges a beneficiary will bring: (1) an action to invalidate the trust, or (2) breach of fiduciary duty claims.

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Director Chopra's Remarks on the Announcement Regarding the Cancellation of Loans for ITT Tech Students

Consumer Finance

Director Chopra delivered remarks on the cancellation of loans for ITT Tech students on a joint press call.

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How Much Does In Vitro Fertilization Cost?

Nerd Wallet

In vitro fertilization, or IVF, is one of several medical procedures people can undergo to help them build a family. It also is one of the most expensive. On average, a single IVF cycle costs between $10,000 and $15,000, according to the Society for Assisted Reproductive Technology. Some states require insurers to cover fertility treatments, Taryn Phaneuf writes for NerdWallet.

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