Account Recovery
OCTOBER 15, 2021
JUDGE DENIES DEFENDANT’S MOTION FOR FEES AND COSTS IN FDCPA CASE A District Court judge in Wisconsin has denied a defendant’s motion for fees and costs in a Fair Debt Collection Practices Act case, even though it won a summary judgment ruling and the plaintiff admitted owing the debt, not writing the dispute letters himself, … The post Daily Digest – October 15.
Nerd Wallet
OCTOBER 15, 2021
Not sure how much to tip your hairstylist? We asked three etiquette experts, two salon professionals and a certified financial planner. Most of these experts suggest leaving 15% to 20%, depending on the service and your satisfaction. Going with 20% is nice for the stylist and you because that math is pretty simple. Nerdy Tip: Laura McMullen writes for NerdWallet.
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Account Recovery
OCTOBER 15, 2021
Todd Rokita, the Attorney General for the state of Indiana, yesterday announced his office has filed a lawsuit against a telecom company for acting as a gateway provider to scammers making hundreds of millions of illegal robocalls across the country. The lawsuit was filed against Startel Communications, which is owned and operated by Wanda Hall … The post Indiana AG Sues Telecom Company For Facilitating Robocall Scams appeared first on AccountsRecovery.net.
Prosperity Now
OCTOBER 15, 2021
This October, the fourth installment of the monthly Child Tax Credit (CTC) payments will be reaching millions of families.
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 15, 2021
The “infinite monkey theorem” posits that given enough time, a monkey hitting random keys on a typewriter will likely replicate the works of William Shakespeare. While the theory is an exercise in statistics and advanced mathematics, it has been used a number of times in popular culture to describe all manner of actions. Today, it’s … The post CFPB Gets Good Grades on Plain Language Report Card 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 15, 2021
Central Portfolio Control, Inc (CPC) sponsored Heroes’N Tonka, a fishing tournament on August 11th, 2021 through the Time On The Water charity group. The Minnetonka, Minnesota-based collection agency was the event’s primary sponsor that featured an all day fishing event at the Lord Fletcher’s Old Lake Lodge on Lake Minnetonka. With local guides and a … The post Central Portfolio Control Sponsors Veterans Fishing Competition appeared first on AccountsRecovery.net.
Nerd Wallet
OCTOBER 15, 2021
Solana, a blockchain network that launched in 2020, has seen a rapid increase in interest from both cryptocurrency enthusiasts and developers who are using it to build decentralized applications for industries such as finance, computer science and even art. Supporters describe Solana as a faster and more efficient competitor to crypto powerhouse Ethereum.
Account Recovery
OCTOBER 15, 2021
A District Court judge in Wisconsin has denied a defendant’s motion for fees and costs in a Fair Debt Collection Practices Act case, even though it won a summary judgment ruling and the plaintiff admitted owing the debt, not writing the dispute letters himself, and never following up to make sure the dispute letters were … The post Judge Denies Defendant’s Motion for Fees and Costs in FDCPA Case appeared first on AccountsRecovery.net.
UK debt collections
OCTOBER 15, 2021
New figures released show that Small Business Debt Collection is needed more than ever. It has long been known that Late Payments threaten the well being of Small Businesses. New invoicing app players ‘Tomato Pay’ claim that 84% of Small Businesses are currently suffering from late payments. This is according to market research conducted on their behalf.
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Account Recovery
OCTOBER 15, 2021
Receiving one phone call and six messages from a collector after notifying it that she was being represented by an attorney is not enough to warrant the $25,000 in emotional distress being sought by the plaintiff in a Fair Debt Collection Practices Act case, ruled a Magistrate Judge, saying that the amount was “pulled out … The post Judge Grants Default Judgment For Plaintiff in FDCPA Case, But Denies Request for $25k in Emotional Distress Damages appeared first on AccountsRecovery.n
Nerd Wallet
OCTOBER 15, 2021
When it comes to sailing the high seas, there are plenty of options for relaxation, adventure and fun in the sun. Whether you’re looking for a party boat or a refined, small-ship experience, the cruise industry has something for you. But these vacations can come with a hefty price tag, so it’s no wonder that. Ramsey Qubein writes for NerdWallet. Email: travel@nerdwallet.com.
Troutman Sanders
OCTOBER 15, 2021
Reprinted from the fall 2021 issue of the VBA Journal with permission of The Virginia Bar Association and authors Mary C. Zinsner and Susan Flint. Most lawyers get a glazed look when recalling law school study of commercial transactions and the Uniform Commercial Code (UCC). The surge in cases involving wire fraud is causing lawyers to dust off their UCC volumes and revisit the elements of common law tort and contract claims.
Nerd Wallet
OCTOBER 15, 2021
If you’re considering signing up for one of Southwest’s airline credit cards, or perhaps you’ve recently become a cardmember, you may be perusing card benefits and wondering, does my Southwest credit card have car rental insurance? It’s a valid question and there’s good news: Yes, Southwest credit cards do come with car rental insurance. Here’s. Alisha McDarris writes for 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 15, 2021
A recent decision out of the Northern District of Georgia highlights how statutory language is still important when resolving matters under the FDCPA. In this case of Joe v. Capital Link Management LLC , the court held that the plaintiff could not state claims under Section 1692c and Section1692e as the plaintiff, the mother of the consumer, was not a consumer herself as contemplated by the FDCPA.
Burr Forman
OCTOBER 15, 2021
Birmingham, AL, October 15, 2021 – Burr & Forman is pleased to announce Hanna Lahr has been named among The Birmingham Business Journal’s 2021 Top 40 Under 40. These awards – now in their 37th year – honor up-and-coming stars of the Magic City’s business scene who have distinguished themselves in their fields before the age of 40. Hanna is a partner in the firm’s Creditors’ Rights & Bankruptcy group.
Better Credit Blog
OCTOBER 15, 2021
If you’re looking to purchase a new home, or are perhaps thinking about refinancing your current situation, it pays to know what the current mortgage rates are. A number of factors will influence the type of loan you can get from lenders, or what to expect when you attempt to refinance your current mortgage in an attempt to pay a lower rate or use your home’s equity for a loan.
Burr Forman
OCTOBER 15, 2021
Burr & Forman Partner, Melissa Azallion Kenny, lends her years of experience as an immigration, labor and employment lawyer in a LOCALBiz article, “You’re Fired: Letting someone go, legally.” Excerpt from the article: “One of the most important things in termination consideration is documentation,” says Azallion Kenny. “What documentation does the employer have to support the termination; should the employee challenge the termination?”.
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TCPA
OCTOBER 15, 2021
A court in the Northern District of California recently granted a defense motion for summary judgment, finding that the defendants were not vicariously liable for a subcontractor’s supposed TCPA violations because the record showed that they had neither given the … Continue reading →
Burr Forman
OCTOBER 15, 2021
In remarks this week at SEC Speaks, SEC Investor Advocate Rick Fleming mused that the “gamification” of securities trading might pose an undue risk that exploits a potential loophole in Regulation Best Interest (“Reg. BI”). Recall that Reg. BI, adopted in 2019, imposes a “best interest” standard of conduct for broker-dealers when they make a recommendation to a retail customer of any securities transaction or investment strategy. ( The Adopting Release ).
Burr Forman
OCTOBER 15, 2021
Birmingham, AL – October 15, 2021 – Birmingham Associate Denzel Okinedo has been recognized in Birmingham Business Journal’s “NextGen BHM: Law.” The award honors Birmingham’s up-and-coming attorneys under the age of 40. Honorees were selected based on their contributions to the firm, tangible results in their practice areas and involvement in the community, among other factors.
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