Account Recovery

JULY 13, 2021

TAMPA, Fla. – July 13, 2021 – ProVest, an industry leader in serving legal process, announced that it is now fully integrated with Vertican’s Q-LawE platform. Vertican’s software offers many benefits, namely time savings and human data entry error elimination. “While we pride ourselves on building strong relationships, we know our clients want to save … The post ProVest and Vertican Technologies Partner on Q-LawE Software Integration appeared first on AccountsRecovery.net.

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Nexa Collect

JULY 13, 2021

Construction equipment companies have an ongoing requirement for debt collection from businesses (and sometimes individuals) who do not pay the agreed-upon rental dues on time. Dealers of heavy construction equipment, like Bobcat , Kubota Center, and John Deere , forward accounts to a collection agency after their own reminders and requests to pay have failed.

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Collection Agencies Collections Agency Construction Collections 130

Account Recovery

JULY 13, 2021

A District Court judge in Oregon has granted a defendant’s motion to deny class certification in a Telephone Consumer Protection Act case, ruling that the question of whether the number that was called by the defendant was a business or residential number makes it unclear whether or not the plaintiff can even assert protections under … The post Judge Grants Motion to Deny Certification in TCPA Class Action appeared first on AccountsRecovery.net.

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Consumer Finance

JULY 13, 2021

The Consumer Financial Protection Bureau (CFPB) and the Federal Deposit Insurance Corporation (FDIC) today announced the joint release of an enhanced version of the award-winning financial education curriculum, Money Smart for Older Adults. The enhanced version includes a new section to help people avoid “romance scams” and an updated resource guide.

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Education 107

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

JULY 13, 2021

EMERGENCY COLLECTION BILLS INTRODUCED IN DISTRICT OF COLUMBIA A pair of bills have been introduced in Washington, D.C., that seek to implement temporary restrictions on how debts are collected in the District now that it is ending the pandemic emergency declaration that was enacted last year. The bills were authored by Phil Mendelson, the chairman … The post Daily Digest – July 13.

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Account Recovery

JULY 13, 2021

A pair of bills have been introduced in Washington, D.C., that seek to implement temporary restrictions on how debts are collected in the District now that it is ending the pandemic emergency declaration that was enacted last year. The bills were authored by Phil Mendelson, the chairman of the D.C. Council, and Karl Racine, the … The post Emergency Collection Bills Introduced in District of Columbia appeared first on AccountsRecovery.net.

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PDC Flow

JULY 13, 2021

Listening to customers keeps them happier, boosts retention and helps companies identify areas of improvement. In debt collection, listening is a key skill to look for in a new hire. It is an essential part of consumer interactions, determining the success (or failure) of the calls your agents make. Deep Listening. Communication and collections professional Mary Shores is a vocal advocate of listening to consumers.

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Account Recovery

JULY 13, 2021

The number of consumers who expect to be able to make all of their debt payments during the next three months increased again in June, nearing the highest point ever in the eight years that the Federal Reserve Bank of New York has been tracking the data. The continued increase in the number of consumers … The post Fewer Consumers Expect to Have Problems Paying Debts: Report appeared first on AccountsRecovery.net.

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Banks 246

Nerd Wallet

JULY 13, 2021

When Utah-based Justine Marshall planned a one-week diving and surfing vacation to Mexico, she thought she’d be saving a lot of money by booking prepaid activities. But on her first dive, she tore her middle eardrum and missed the next few days of diving. In a stroke of bad luck, she then ate something contaminated. Elina Geller writes for NerdWallet.

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Collections

Account Recovery

JULY 13, 2021

The Consumer Financial Protection Bureau has entered into a consent order with a fintech company accused of originating loans to consumers without the proper authorization, fining the company $2.5 million and requiring it to cancel or refund up to $9 million in loans. The company, GreenSky, was accused of working with merchants — namely home … The post CFPB Issues Consent Order; Fintech Lender to Pay $11M in Fines, Refunds to Consumers appeared first on AccountsRecovery.net.

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Nerd Wallet

JULY 13, 2021

I’m lucky to have grown up in a family where we were always flying around the country, visiting family and enjoying an occasional vacation. But I’ll never forget watching “Top Gun” with my dad as a kid, amazed by the military fighter jets that could roar off of an aircraft carrier before ripping past the. Eric Rosenberg writes for NerdWallet. Email: travel@nerdwallet.com.

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Chargent

JULY 13, 2021

Learn to identify 5 common payment issues, and how you can reduce involuntary churn by solving and preventing them. The post 5 Ways to Reduce Involuntary Churn in Salesforce Payments appeared first on Chargent by AppFrontier.

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Collections 52

Nerd Wallet

JULY 13, 2021

A payroll schedule determines how often employees get paid, and choosing one for your company is among the first decisions you’ll make as a business owner. Even if you’re the only employee in your business, establishing a payroll schedule for yourself can create a more predictable income and protect the business’s bank account from becoming. Billie Anne Grigg writes for NerdWallet.

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Banks 91

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

Financial Forensic Services

JULY 13, 2021

REQUESTS FOR POLICE INTERNAL AFFAIRS RECORDS SO NOT HAVE TO IDENTIFY A SPECIFIC INCIDENT, COLORADO SUPREME COURT RULES. By: Jeffrey A. Roberts, Executive Director Colorado Freedom of Information Coalition. The Colorado Supreme Court recently removed a frustrating barrier for some requesters of police internal affairs records, deciding that criminal justice agencies may not withhold completed IA files from the public simply because the requester has not referenced a “specific, identifiable incide

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Judgment Enforcement Judgment 52

Nerd Wallet

JULY 13, 2021

American tourists can now visit Spain without needing to bring proof of vaccination or a negative COVID-19 test, making it one of the easiest places to go. And because of fierce competition between airlines, Spain is one of the easiest places to fly using points and miles. This makes a win-win situation for any traveler. JT Genter writes for NerdWallet.

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Direct Recovery

JULY 13, 2021

Despite the global pandemic, real estate prices across the country have been ripping higher and higher for over a year now, and just about every expert in the field agrees that this explosion in price can’t be sustainable. Knowing if or when this bubble will burst is really anyone’s guess, but there are still plenty of things that any prospective homeowner can be doing to protect themselves from that downside risk so that we don’t end up with the type of problems that happened

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Nerd Wallet

JULY 13, 2021

Errors and omissions insurance, also called E&O insurance, is a type of professional liability insurance that protects businesses against claims of mistakes, negligence, inadequate work, inaccuracies, misrepresentation or similar allegations. Your business may need E&O insurance if it provides services to customers for a fee. Professional liability insurance, or PLI, is a specialty coverage that.

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Collections

Qualco

JULY 13, 2021

Due to the “Act to Improve Consumer Protection in Debt Collection” law that came into effect last year, the Debt Collection Agencies market in Germany is facing challenges. What debt counsellors and consumer protectors described as “long overdue” poses massive economic challenges for many debt collection companies in Germany. Because, while the law means a considerable cost saving for debtors, debt collection companies have to reckon with noticeable losses of income in carrying out their activit

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Debtor Debt collector Collection Companies Collection Agencies 52

Nerd Wallet

JULY 13, 2021

The Hartford and AARP have joined forces to offer renters insurance, although in most states, you don’t actually have to be an AARP member to get it. The AARP provides programs, services and discounts for older adults. You must be at least 50 years old to join. The Hartford/AARP offers many coverage options for renters. Doug Sibor writes for NerdWallet.

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Debt Recoveries

JULY 13, 2021

The new financial year is here and there is no better time to outsource your internal recovery processes and to consider partnering with a professional insurance recovery agency like Debt Recoveries Australia. . Insurance claims recoveries, in this instance, refers to claiming back the cost of repairs for the insured’s loss from the at-fault party.

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NCBA Law Practice Management Blog

JULY 13, 2021

Sailors use a series of flags to indicate danger ; Billy Joel occasionally names albums after such flags. Lawyers ignore red flags – at least when they relate to client engagement. As has been discussed in this space, attorneys tend to avoid the intake process. And, a byproduct of that is that law firms often engage with clients they shouldn’t – largely because they haven’t done enough due diligence in the lead phase.

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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.

JMA

JULY 13, 2021

Are you at your wit’s end when it comes to overdue invoices? Have you grown sick and tired of clients who don’t pay on time? Charging late fees is a common practice that helps businesses and clients alike, and if you’re unsure of how to go about doing this from this day forward, we have. Read more » The post How to Charge Late Fees appeared first on JMA Credit Control.

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Micro Bilt

JULY 13, 2021

Background screenings are far more common than many people realize. In fact, roughly 3 out of 4 employers run a background check before hiring a new employee.

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FFGN COLLECT NY

JULY 13, 2021

Is your New York judgment valid? If so, you will need to know how to collect on a judgment so it can get you paid. Article 52 of New York State Civil Practice Law and Rules authorizes judgment enforcement in New York. Within the statute, New York gives creditors liberal rights and remedies to collect their judgment largely without court intervention.

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CICM

JULY 13, 2021

In this week’s guest blog, the Menzies LLP Creditor Services team discuss the future of the Company Voluntary Arrangement (CVA) as an insolvency process and the impact it can have on different groups of creditors. The Company Voluntary Arrangement (“CVA”), was a new insolvency procedure which was introduced by the Insolvency Act 1986 to provide a simple recovery procedure whereby the majority of a company’s creditors could agree a formal arrangement to compromise all creditors’ debts, thereby

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The experiences of every generation are characterized by their behaviors involving finances. Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers. This entertaining and informative eBook will help your financial institution uncover the best practices when it comes to appealing to mass audiences.

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