Fri.Jul 24, 2020

article thumbnail

Senate Passes Bill Preventing Collectors From Garnishing Stimulus Payments

Account Recovery

It turns out there are some things that everyone in the Senate can agree on, and it actually pertains to the debt collection industry. The Senate yesterday unanimously passed S. 3841, a bill that protects the stimulus funds under the Coronavirus Aid, Relief, and Economic Security Act from being garnished by debt collectors, similar to … The post Senate Passes Bill Preventing Collectors From Garnishing Stimulus Payments appeared first on AccountsRecovery.net.

article thumbnail

How to Hire an Amazing Collections Specialist

Enterprise Recovery

First party collections , in which your business relies to manage delinquent and non-paying accounts, are a valuable resource to get invoices paid. Getting your invoices paid on time helps ensure working capital and sets your business up for success. In house collections specialists, therefore, are beneficial and necessary, especially in a growing business.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

N.C. Judge Follows Ninth, Second Circuit in Defining ATDS in TCPA Case

Account Recovery

A District Court judge in North Carolina has denied a defendant’s motion to dismiss after it was accused of violating the Telephone Consumer Protection Act by using an automated telephone dialing system to contact an individual without first receiving his consent, adopting a definition of an ATDS that is in line with how the Ninth … The post N.C.

147
147
article thumbnail

CFPB Issues Report Regarding Effects of “Credit Builder Loans”

Troutman Sanders

On July 13, 2020, the Consumer Financial Protection Bureau (“CFPB”) issued a study, entitled “Targeting Credit Builder Loans: Insights from a Credit Builder Loan Evaluation” and an accompanying practitioner’s guide – ultimately concluding that a credit builder loan (“CBL”) could increase the likelihood of establishing a credit record for consumers without one, and could help improve the credit scores of those with no current outstanding debt.

Loans 64
article thumbnail

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.

article thumbnail

Healthcare Provider Fined $25k For Potential HIPAA Violations

Account Recovery

The Department of Health and Human Services’s Office of Civil Rights (OCR) has levied a $25,000 fine against a healthcare provider to settle potential violations of the Health Insurance Portability and Accountability Act (HIPAA) for “widespread compliance issues” that were uncovered after a data breach occurred. A copy of the corrective action plan for Metropolitan … The post Healthcare Provider Fined $25k For Potential HIPAA Violations appeared first on AccountsRecovery.

More Trending

article thumbnail

Imagined.Cloud welcomes Rick Regan

Account Recovery

Jacksonville, FL – Rick Regan, Co-Founder, joins Imagined.cloud to head North American sales. Rick’s experience providing enterprise solutions in the ARM and BPO industries strengthens Imagined.cloud executive team. With over twenty years of proven client engagement, Mr. Regan brings the knowledge and understanding necessary to build lasting relationships within the industry.

147
147
article thumbnail

Burr’s Bill Penny Invited to Speak on Environmental and Conservation Zoning Requirements at the National Business Institute’s Seminar

Burr Forman

On Wednesday, August 5th The National Business Institute will host their Land Use and Zoning: Working with Local Governments seminar. During the seminar, Nashville Partner Bill Penny will discuss environmental matters, alternative energy developments, land use issues, tax incentives, Brownfield Redevelopments, and stormwater runoff requirements. Attendees in the webinar will consist of attorneys, planning and zoning administrators, city and urban planners, project managers, developers, engineers

article thumbnail

Daily Digest – July 24. Senate Passes Bill Preventing Collectors From Garnishing Stimulus Checks; Appeals Court Upholds Ruling in FDCPA Case

Account Recovery

SENATE PASSES BILL PREVENTING COLLECTORS FROM GARNISHING STIMULUS PAYMENTS The Senate yesterday unanimously passed S. 3841, a bill that protects the stimulus funds under the Coronavirus Aid, Relief, and Economic Security Act from being garnished by debt collectors, similar to how Social Security payments are exempt from being garnished. APPEALS COURT UPHOLDS RULING FOR DEFENDANT … The post Daily Digest – July 24.

article thumbnail

Burr’s James Roberts Named a Finalist for the Chambers Diversity & Inclusion Awards

Burr Forman

Birmingham associate James Roberts has been selected as a finalist for the Future Leaders category in the Chambers Diversity & Inclusion Awards for North America. His recognition for this award celebrates the achievements that he has made as a diversity and inclusion pioneer for the legal profession. Finalists were judged by the D&I team, United States and Canadian editors.

article thumbnail

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.

article thumbnail

New Home Sales Jump in June

NACM

New home sales are at a new high this year after outperforming expectations in June. The U.S. Census Bureau and Department of Housing and Urban Development announced Friday that new single-family sales increased 13.8% from May to a seasonally adjusted annual rate of 776,000 in June. This is also 6.9% above the June 2019 data, making it the best mon.

5