Account Recovery

NOVEMBER 2, 2022

A District Court judge in Illinois has granted a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act case, ruling that a letter sent to the plaintiff in response to a dispute does not constitute a communication in connection with the collection of a debt. A copy of the ruling in the … The post Judge Grants MSJ for Defense in FDCPA Case Over Letter Sent to Represented Individual appeared first on AccountsRecovery.net.

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American Profit Recovery

NOVEMBER 2, 2022

To say there is endless misinformation about debt collections in the media and on the Internet would be a vast understatement. Right up front, you should know that the debt collection industry provides critical and necessary support to not only consumers and the business community but the overall economy. Just about everyone who works in the debt collection industry fully understands that it can be an uncomfortable situation as a consumer being sent to collections.

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Collections Collection Agencies Collections Agency Debt collector 130

Account Recovery

NOVEMBER 2, 2022

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant … The post 23 Companies Seeking Collection Talent appeared first on AccountsRecovery.net.

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Accounts Receivables Management Collections 245

Nerd Wallet

NOVEMBER 2, 2022

Home affordability has crumbled this year, and it may erode further at the hands of the Federal Reserve. The Fed on Wednesday raised the federal funds rate by three-quarters of a percentage point to a range of 3.75% to 4%. The central bank’s action will directly or indirectly raise the floor under several consumer interest. Holden Lewis 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

NOVEMBER 2, 2022

UTILITY COMPANY FINED $4.5M BY CONN. REGULATORS FOR PANDEMIC COLLECTION EFFORTS State regulators in Connecticut have assessed a $4.5 million fine against a utility company that was accused of attempting to garnish the wages of customers during the COVID-19 pandemic without first informing them of the availability of payment plans, which was required under state … The post Daily Digest – November 2.

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Garnishment Collections 245

Account Recovery

NOVEMBER 2, 2022

State regulators in Connecticut have assessed a $4.5 million fine against a utility company that was accused of attempting to garnish the wages of customers during the COVID-19 pandemic without first informing them of the availability of payment plans, which was required under state law. A copy of the decision, for which the utility has … The post Utility Company Fined $4.5M By Conn.

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Garnishment Collections 242

Nerd Wallet

NOVEMBER 2, 2022

There are a lot of conversations on and off of social media about breaking “generational curses,” which essentially means healing from generational trauma. And part of healing from generational trauma involves changing our relationship with money. What is generational trauma? With generational trauma (also called intergenerational trauma), emotions and behaviors linked to adverse — even.

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Account Recovery

NOVEMBER 2, 2022

An anti-robocall task force comprised of 51 different attorneys general has initiated an enforcement action against two telecom companies that have not responded to civil investigative demands seeking answers about their operation. Petitions have been filed in Indiana state court to compel the participation of the companies, including answering interrogatories and producing call data records … The post Task Force Launches Enforcement Actions Against Alleged Illegal Robocallers appeared fir

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Nerd Wallet

NOVEMBER 2, 2022

The Federal Reserve has announced its sixth rate hike this year, increasing rates by three-quarters of a percentage point in an attempt to stabilize the U.S. economy. For consumers, this means that “the market interest rates for credit cards, for auto loans, and for all the other loans are going to increase,” says Ligia Vado, Melissa Lambarena writes for NerdWallet.

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Loans 84

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Collections

Sawin & Shea

NOVEMBER 2, 2022

If you’re concerned about the potential impact of bankruptcy on your spouse, you’re not alone. This is one of the top questions married people have about filing for bankruptcy in Indiana. First, you should know that choosing bankruptcy is a smart, proactive way of lifting the burden of overwhelming debt. Here in the Hoosier state, more than 15,000 people file for bankruptcy in an average year, with about 58% choosing Chapter 7 and 41% choosing Chapter 13 bankruptcy.

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Bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy Credit Card Debt 52

Nerd Wallet

NOVEMBER 2, 2022

No one wants to get into an accident, especially when they’re renting a car. However, sometimes the worst happens and you end up with damage to your vehicle. What happens then? If you’ve rented the car with an eligible Chase card, you may have complimentary Chase car rental insurance, which can cover the costs of. Carissa Rawson writes for NerdWallet.

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UK debt collections

NOVEMBER 2, 2022

Debtor jailed for hiding property assets from trustees. Sukhi Sanghera appeared at Warwick Crown Court on Thursday 27 October 2022, where he was sentenced before HHJ Berlin after he was charged with 4 counts of bankruptcy offences. The court heard that Sukhi Sanghera (50) was made bankrupt in August 2017 by order of the County Court in Warwick, with debts of over £140,000.

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Nerd Wallet

NOVEMBER 2, 2022

Conventional travel wisdom suggests that those flying around Thanksgiving and Christmas, holidays that many Americans travel for every winter, should book their travel as early as possible. Yet the pandemic scrambled how, when, and whether many people fly, and chucked conventional wisdom out the emergency exit. “Consumers are booking travel with about 25% less time.

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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

Fico Collections

NOVEMBER 2, 2022

Home. Blog. FICO. The Rise of Telco Cloud-Based Platform Solutions. As telcos make the transition from on-premises to cloud-based platform solutions, they need to get maximum value from the data sets, information sources and insights available. FICO Admin. Tue, 07/02/2019 - 02:45. by Tim Young. expand_less Back To Top. Wed, 11/02/2022 - 13:35. Many prevailing industry operating models are one to two generations behind the current available telco cloud-based technology.

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Nerd Wallet

NOVEMBER 2, 2022

If you always did what was good for you, you’d likely book flights months in advance to get better deals. But then again, you’d also probably eat the daily recommended servings of vegetables, work out daily and get eight hours of sleep a night. Even if you know you should, you probably won’t every time. Meghan Coyle writes for NerdWallet. Email: mcoyle@nerdwallet.com.

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NACM

NOVEMBER 2, 2022

The Federal Reserve announced another interest rate hike of 75 basis points, raising the total rate to a range of 3.75% to 4%, the highest level in 15 years. "My colleagues and I are strongly committed to bringing inflation back down to our 2% goal," said Chair Jerome Powell during a news conference. "Restoring price stability will likely require m.

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Troutman Sanders

NOVEMBER 2, 2022

Five Democratic Senators — Elizabeth Warren (MA), Dianne Feinstein (CA), Brian Schatz (HI), Jack Reed (RI), and Alex Padilla (CA) — recently petitioned the Consumer Financial Protection Bureau (CFPB) to “take action to eliminate hidden fees associated with international remittance payments.”. The Remittance Transfer Rule requires transfer providers to provide prepayment disclosures to consumers prior to paying for a remittance transfer.

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Financial Institution Collections 52

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