Thu.Sep 24, 2020

article thumbnail

Plaintiff’s Attorney Ordered to Pay $27k After Judge Grants Sanctions Motion

Account Recovery

A District Court judge in California has granted a defendant’s motion for sanctions under Rule 11 and ordered a plaintiff’s attorney to pay the defendant’s legal bills of more than $27,000 after it was sued for allegedly violating the Fair Debt Collection Practices Act for using a fake summons to try and collect on a … The post Plaintiff’s Attorney Ordered to Pay $27k After Judge Grants Sanctions Motion appeared first on AccountsRecovery.net.

article thumbnail

Bay Area Transit District Attacks Candidate For Showing Its Logo

Public Citizen

by Paul  Alan  Levy. Much like the case of Jeremy Whittaker a few years ago, a demand letter from the general counsel of an elective transit district in the East Bay seeks to interfere with the political campaign of a candidate seeking to replace the lawyer’s bosses. The Alameda-Contra Costa Transit District has threatened Victoria Fierce because her campaign web site violates an ordinance adopted by that municipal body because it contains photographs in which the AT Transit logo can

Insiders

Sign Up for our Newsletter

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

article thumbnail

HHS Fines Vendor $2.3M for Data Breach

Account Recovery

A vendor that works with healthcare providers has agreed to repay $2.3 million after it was hacked and the personal information of more than 6 million individuals was compromised, in a settlement with the Department of Health & Human Services’s Office of Civil Rights. The vendor — CHSPSC — is owned by Community Health Systems … The post HHS Fines Vendor $2.3M for Data Breach appeared first on AccountsRecovery.net.

article thumbnail

3 Sessions We’re Excited to (Virtually) Attend at Lendit Fintech USA 2020

True Accord

The LendIt Fintech USA 2020 conference is just around the corner on September 29 through October 1, with an exciting lineup of industry experts from leading traditional banks, fintech platforms, and tech companies discussing innovations in lending, digital banking, embedded finance, and more. Here are the three sessions we’re most excited to attend: 1.

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

Getting to Know Doug Lapointe of Annuity Health

Account Recovery

The “Getting to Know” series is sponsored by Arbeit. Arbeit is a powerful, and easy to use communications platform that empowers businesses to reach more consumers. Innovative by nature, we are constantly listening to and understanding the businesses we partner with and developing long term industry relationships that allow us to be proactive in anticipating … The post Getting to Know Doug Lapointe of Annuity Health appeared first on AccountsRecovery.net.

246
246

More Trending

article thumbnail

How Training Has Changed During COVID-19

Account Recovery

Hiring and training a new employee is like building the foundation for a house. If it’s done correctly, the house will proudly stand the test of time. If it’s done incorrectly, it won’t stand a chance and will cause nothing but headaches for the owner. If that seems like the stakes are high for making … The post How Training Has Changed During COVID-19 appeared first on AccountsRecovery.net.

217
217
article thumbnail

Unconventional, in a Good Way

Dear Debt

Paying off debt is more than just saving money and paying more than the minimum. It’s a lot about your mindset as well as motivation. I talk a lot about… Related Posts: Look How Far You've Come. Student Loans Dictated My Life Choices — Until I Fought Back. Dear Debt, I Will Never Be Yours Again. Dear Debt, I'm Wiser Now. 6 Clever Money-Saving Hacks to Reach Your Financial Goals.

article thumbnail

FCA Proud to Offer Live, In-Person Networking and Educational Opportunities at Annual Conference

Account Recovery

The Florida Collectors Association is proud and excited to announce that it will be hosting the first live industry event since March when it holds its annual conference October 7-9 in Sarasota, Florida. The event will be a joint live/virtual conference, offering everyone in the industry with the chance to participate in person or via their … The post FCA Proud to Offer Live, In-Person Networking and Educational Opportunities at Annual Conference appeared first on AccountsRecovery.net.

Education 190
article thumbnail

Should You Press Pause on Private Student Loans?

Nerd Wallet

Federal student loan payments have been automatically suspended until the end of the year because of the ongoing pandemic. If you have private student loans, however, payments remain due — unless you’ve paused them. Roughly 5% of private loan borrowers were using forbearance as of the end of March, according to the most recent data. Ryan Lane is a writer at NerdWallet.

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

Daily Digest – September 24. Getting to Know Doug Lapointe of Annuity Health; Plaintiff’s Attorney Ordered to Repay $24k

Account Recovery

GETTING TO KNOW DOUG LAPOINTE OF ANNUITY HEALTH Nothing upsets Doug Lapointe more than failing. Thankfully, it does not happen that often for the 16-year industry veteran who has worked his way up from collecting at a rent-to-own store to his current gig as Director of Operations. Being honest and upfront with his staff has … The post Daily Digest – September 24.

article thumbnail

Guide to American Airlines’ Small-Business Program: Business Extra

Nerd Wallet

Business travel is the lifeblood of airlines. The big carriers have sales teams dedicated to winning travel contracts from major companies, but not all companies are large enough to score corporate sales contracts. Enter small-business programs, which major U.S. airlines use to offer rewards to small businesses that fly the airline. These programs are great.

66
article thumbnail

Unsustainable Business Debt estimated at £70bn

UK debt collections

Businesses in the UK have stacked up around £70 billion worth of unsustainable debt says latest research. According to a new report from The City UK, Companies owe in excess of £70bn with more than £20 billion of that arising from government-backed coronavirus loan schemes. The City UK’s Recapitalisation Group (RCG), supported by EY, has published updated projections for levels of unsustainable debt faced by SMEs.

article thumbnail

How Does the Chase Freedom Flex Stack Up With Competitors?

Nerd Wallet

The $0-annual-fee Chase Freedom Flex? is a brawny rewards-earning card indeed — but staying on top of it requires flexing some memory muscles, too. Unlike most cash-back cards, it features both rotating and fixed bonus categories, on top of a first-year bonus that also requires some tracking. Your earnings break down this way: 5% cash back on. Melissa Lambarena is a writer at NerdWallet.

62
article thumbnail

ERM Program Fundamentals for Success in the Banking Industry

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?

article thumbnail

How To Remove JPMCB Card Services From Your Credit Report

Better Credit Blog

Have you noticed a hard inquiry from JPMCB on your credit report? If you recently applied for a credit card from Chase, it’s likely responsible for the entry on your credit report. While one credit card application isn’t going to substantially harm your credit, several applications can. Read on to learn how hard inquiries like the one from JPMCB can impact your credit score and how to potentially get them removed from your report.

Lender 52
article thumbnail

A Guide to Bad Check Collection

Payment Savvy

Even though ATMs, mobile banking, and credit card payments are part of our everyday life, some people still write checks. For most of these individuals, it’s become an antiquated habit that is hard to break. For others, they take advantage of the processing lag-time to give a few extra days to receive the money they are writing the check against.

article thumbnail

How to Avoid PPP Fraud In Lending: Top 3 Frauds To Avoid

Micro Bilt

In response to the economic repercussions of the COVID-19 pandemic, the U.S. government unveiled several assistance programs for small businesses.

article thumbnail

Getting Your First Credit Card? Here Are 2 Top Options

Nerd Wallet

Using a starter credit card is a common way to build credit when you’re first establishing yourself financially. When it comes to starter credit cards, there are two main types: Student credit cards. Secured credit cards. As with all kinds of credit cards, there isn’t one that’s the “best” — just one that’s the best. Sara Rathner is a writer at NerdWallet.

47
article thumbnail

You Put in a Full Work Week. Shouldn’t Your Collections Software Do the Same?

Discover a modern, cloud-based collection system that never takes a rest day. MeridianLink® Collect is an intuitive platform with advanced customization options developed to simplify the collections process. Here are four ways MeridianLink Collect can support your team: Omnichannel communications Compliance rules & checklists Workflows & queues One interface with supporting integrations And that’s just the start.

article thumbnail

How a Skilled Collections Lawyer Improves Your Odds of Commercial Debt Recovery

Collections Law

It would be nice if all clients and customers paid up their outstanding balance on time, but that is unfortunately just a fantasy. Bad debt collection is as much of a part of a business as are sales. No business should get bogged down in chasing bad debts. That is why you should leave bad debt collection to the experienced aggressive debt recovery attorneys at the Law Offices of Alan M.

article thumbnail

Fidelity Life Insurance Review 2020

Nerd Wallet

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. Andrew Marder At a glanceSome policies don’t require a medical exam.Many coverage options for people over 50.Gets far more than the expected number.

article thumbnail

COVID-19 Related Updates to Bankruptcy Courtroom Policies and Procedures

PBWT

Most bankruptcy courts have altered their practices and procedures in light of COVID-19. Below is a summary of some of the changes to practices and procedures in the United States Bankruptcy Courts for the Southern District of New York, the Eastern District of New York, and the District of Delaware. Given the fluidity of the situation and the frequency of COVID-19-related updates, please also consult the relevant court’s website.

article thumbnail

How a Skilled Collections Lawyer Improves Your Odds of Commercial Debt Recovery

Collections Law

It would be nice if all clients and customers paid up their outstanding balance on time, but that is unfortunately just a fantasy. Bad debt collection is as much of a part of a business as are sales. No business should get bogged down in chasing bad debts. That is why you should leave bad debt collection to the experienced aggressive debt recovery attorneys at the Law Offices of Alan M.

article thumbnail

The Power of Storytelling in Risk Management

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.

article thumbnail

No More Conferences/ For Now or Forever

Collection Industry News

We hope everyone is well and safe during these troubled times of change. The United States is the strongest country and have the most resilientpeople on earth, which is why everyone worldwide wants to live here. We are the land of strength,education and opportunity. No other country hasthe power and strength we all have in the USA. We have been in existence for almost two and a half centuries and we have gained so much power because of one thing.

article thumbnail

Texas District Courts Remain Divided on Standing for Single-Text TCPA Plaintiffs

TCPA

In a pair of recent opinions, two U.S.

40
article thumbnail

What Will Holiday Travel Be Like?

Nerd Wallet

Over the river and through the woods, to … a hotel near-ish Grandmother’s house we go? A couple weeks ago I wrote about how and whether to book flights for the holidays. Since then, a few people have asked what I think holiday travel will be like this year. Will airports be packed? Or will. Sam Kemmis is a writer at NerdWallet. Email: skemmis@nerdwallet.com.

19
article thumbnail

Director Kraninger's Remarks at the Financial Stability Oversight Council Meeting

Consumer Finance

Homeownership is part of the American Dream. The GSEs play a central role in the $11 trillion single-family mortgage market, helping many consumers achieve their dream of owning a home.

52
article thumbnail

How to Attract Multiple Generations to Open New Accounts and Apply for Loans

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.