Account Recovery
SEPTEMBER 3, 2021
Muriel Bowser, the Mayor of Washington, D.C., has signed into law a bill that overhauls how debts can be collected in the nation’s capital for 225 days starting later this month, while the authors of the legislation work on permanent changes. This information was first reported by ACA International. A copy of the law is … The post D.C. Mayor Signs Collection Bill Into Law appeared first on AccountsRecovery.net.
Enterprise Recovery
SEPTEMBER 3, 2021
The National Oceanic and Atmospheric Administration (NOAA) predicts an above-normal hurricane season. Unfortunately , we've already witnessed the power of Hurricane Ida across the country with much of its impact still to be determined. Just as we've discovered with the COVID-19 pandemic, asking for money during this time seems precarious. Is there a nice way to collect payments from clients affected by natural disasters?
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Account Recovery
SEPTEMBER 3, 2021
The Attorney General of New York is seeking ways to overhaul how unpaid student loans are collected, especially those incurred by individuals attending State University of New York schools, because a little-known regulation allows the AG to file suit in State Supreme Court in Albany, N.Y., regardless of where the individual with the unpaid student … The post N.Y.
Nerd Wallet
SEPTEMBER 3, 2021
A payment processor is a vendor used by businesses to manage the backend logistics of accepting card payments. It shuttles card data from wherever customers tap, swipe or enter their card details to the payment networks — such as Visa, Mastercard, American Express and Discover — and banks involved in the transaction. If your business. Kurt Woock writes for NerdWallet.
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
SEPTEMBER 3, 2021
COLLECTION AGENCY OWNER GETS 33 MONTHS IN PRISON FOR DEFRAUDING CLIENTS The owner of a collection agency who pleaded guilty to charges of wire fraud and tax evasion was sentenced yesterday to 33 months in prison. Under federal law, Kevin Welsch of Fort Thomas, Kent., will have to serve at least 85% of that sentence … The post Daily Digest – September 3.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
SEPTEMBER 3, 2021
The Acting Director of the Consumer Financial Protection Bureau has denied a petition from a debt buying company to set aside or amend a Civil Investigative Demand that was alleged by the company to be overly broad, rejecting all of the company’s arguments. A copy of the petition filed by Debt Management Partners (DMP) can … The post CFPB Denies Petition From Debt Buyer to Amend CID appeared first on AccountsRecovery.net.
Nerd Wallet
SEPTEMBER 3, 2021
This Labor Day, some Americans will have extra cash on hand for holiday weekend shopping. Some people padded their savings accounts by staying home during the pandemic. And some set aside the advance payments of the child tax credit they received, points out Amna Kirmani, marketing professor at the University of Maryland’s Robert H. Smith. Courtney Jespersen writes for NerdWallet.
Account Recovery
SEPTEMBER 3, 2021
The owner of a collection agency who pleaded guilty to charges of wire fraud and tax evasion was sentenced yesterday to 33 months in prison. Under federal law, Kevin Welsch of Fort Thomas, Kent., will have to serve at least 85% of that sentence — 28 months — before being eligible for parole. Welsch admitted … The post Collection Agency Owner Gets 33 Months in Prison for Defrauding Clients appeared first on AccountsRecovery.net.
CICM
SEPTEMBER 3, 2021
Some of the changes in the pandemic for credit management and enforcement were temporary and have started to fall away, but others remain, making the enforcement landscape indelibly altered. The first lockdown saw a moratorium on all residential judgment enforcement and landlord action. When enforcement restarted in August 2020, the Government, Public Health England and the High Court Enforcement Officers Association (HCEOA), placed additional requirements, as part of the return to enforcement s
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Nerd Wallet
SEPTEMBER 3, 2021
There is always a cost to selling your home, including the commission paid to your real estate agent. While listing agents typically charge between 5% and 6% of the home’s sales price for their services, brokerages that promise to sell your home for significantly lower fees have become more popular in recent years. By understanding. Taylor Getler writes for NerdWallet.
Credit Corp
SEPTEMBER 3, 2021
This article originally appeared on Arrest Your Debt and has been republished here with permission. Are you tired of living paycheck to paycheck or relying on others to live a comfortable lifestyle? With a plan and determination, you can become independently wealthy and live life on your terms. Most people aspire to achieve financial independence, but sometimes it seems more like a dream than a possibility.
Nerd Wallet
SEPTEMBER 3, 2021
For anyone who needs to change their airline ticket, rest easy knowing that the Alaska flight change policy is generous, the process is fairly straightforward and it typically doesn’t take more than a few minutes to wrap up. Let’s get started. What is the Alaska flight change policy? Alaska has three different types of paid. Kendra Collins writes for NerdWallet.
Burr Forman
SEPTEMBER 3, 2021
On August 31, 2021, the Seventh Circuit Court of Appeals reversed a summary judgment decision from the United States District Court for the Northern District of Illinois, and remanded the action with instructions to dismiss for lack of subject matter jurisdiction. See Wadsworth v. Kross, Lieberman & Stone, Inc. , No. 19-1400, 2021 WL 3877930 (7th Cir. 2021).
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?
Nerd Wallet
SEPTEMBER 3, 2021
Business insurance is a common step in protecting a home-based business from legal action and other risks that can lead to losses. There are several ways to buy business insurance for home-based businesses, including straight from an insurer or a third party such as a broker or marketplace. Here are five steps to help you. Tina Orem writes for NerdWallet.
Fraser
SEPTEMBER 3, 2021
On August 26, 2021, the U.S. Supreme Court struck down the CDC’s section eviction moratorium. That opinion can be found here. At the time it was uncertain what this meant for Michigan courts handling evictions in light of the July 2 amendments to Michigan Supreme Court Administrative Order No. 2020-17 (“Order 17”), found here. As of Friday August 27, 2021, when the author personally filed landlord-side eviction actions at a district court near you, the district courts were still requiring use of
Nerd Wallet
SEPTEMBER 3, 2021
Choosing which hotel loyalty program to enroll in is like picking your favorite Jelly Belly flavor. You have many to choose from, and they all offer something unique for your palate. Because most hotel loyalty programs are free to join, the answer is obviously, “Why not sign up for all of them?” You can. But. Anya Kartashova writes for NerdWallet. Email: travel@nerdwallet.com.
Troutman Sanders
SEPTEMBER 3, 2021
On August 31, the New York Department of Financial Services (DFS) issued an industry letter to all supervised mortgage lending institutions and their affiliates on preventing sexual orientation discrimination in mortgage lending. New York’s Fair Lending Law prohibits discrimination in, among other things, the granting, withholding, extending, or renewing, or in the fixing of the rates, terms, or conditions, of any form of credit on the basis of sexual orientation.
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Nerd Wallet
SEPTEMBER 3, 2021
NerdWallet is a free tool to find you the best credit cards, cd rates, savings, checking accounts, scholarships, healthcare and airlines. Start here to maximize your rewards or minimize your interest rates. Kayda Norman 3.5 NerdWallet rating State Auto reviews and ratings Sells policies in 28 states.Has more complaints than expected for auto insurance.Quotes are.
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