Account Recovery

FEBRUARY 12, 2021

Virginia is poised to be the next state that enacts its own data privacy law, which some reports say is similar to the California Consumer Protection Act, although it does not include one provision that made the CCPA more problematic for companies. Slightly different versions of the Virginia Data Consumer Protection Act were passed in … The post Virginia Next in Line to Enact Privacy Law appeared first on AccountsRecovery.net.

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Enterprise Recovery

FEBRUARY 12, 2021

If your business has sent bad debt accounts off to a collections agency, you likely have questions about recovering that debt. Typically, commercial collections agencies only charge a fee if they're able to collect. The agency should also be transparent about the collections process and the documentation along the way. But you may also be wondering how long they'll work on your behalf before you take the case to court.

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Collection Agencies Collections Agency Collections Commercial Collection 246

Account Recovery

FEBRUARY 12, 2021

A St. Louis television station is continuing its efforts to spotlight the questionable tactics of a local collector whose efforts “are clearly across the line,” according to a county prosecutor who threatens arrest and court actions when attempting to collect on unpaid debts. A pair of local police agencies are now reportedly investigating a collector … The post TV Station Continues Efforts to Out ‘Harassing’ Collector appeared first on AccountsRecovery.net.

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Collections 238

Nerd Wallet

FEBRUARY 12, 2021

You’ve likely heard of The Platinum Card® from American Express, known for its luxurious perks and hefty $550 annual price tag. But you may not know that the card has a near-identical twin: The American Express Platinum Card® for Schwab. It has the same weighty look and feel, plus many of the same features — but. Erin Hurd writes for NerdWallet. Email: ehurd@nerdwallet.com.

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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

FEBRUARY 12, 2021

The Federal Trade Commission yesterday announced a settlement with the owners and operators of a “vast payday lending” scheme that overcharged consumers by millions of dollars which will see all of the outstanding debts be forgiven and deemed paid in full while also banning the defendants from the lending industry. The settlement also includes a … The post FTC Bans Payday Lenders, Forgives Illegal Debt as Part of Settlement appeared first on AccountsRecovery.net.

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Lender Trade 189

Account Recovery

FEBRUARY 12, 2021

In a case that was defended by Patrick Watts at Malone Frost Martin, a District Court judge in Wisconsin has granted a defendant’s motion for summary judgment after it was sued for violating the Fair Debt Collection Practices Act and the Telephone Consumer Protection Act by placing 28 calls to the plaintiff’s cell phone during … The post Judge Grants MSJ for Defendant in FDCPA, TCPA Case Over Calls to Cell Phone appeared first on AccountsRecovery.net.

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Fair Debt Collection Judgment Collections 182

Jimerson Firm

FEBRUARY 12, 2021

The SBA, through the Office of Credit Risk Management (“OCRM”), monitors and oversees the activities of all its lenders and CDCs to ensure it is effectively following loan program requirements and protecting the integrity of the SBA program. In the event an SBA lender or CDC demonstrates an unacceptable risk profile, and an inability or unwillingness to proactively or timely resolve the issues which created an unacceptable risk profile, the SBA may take an enforcement action against that lender

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Lender Loans Financial services Banks 93

Account Recovery

FEBRUARY 12, 2021

JUDGE GRANTS MSJ FOR DEFENDANT IN TCPA, FDCPA CASE OVER CALLS TO CELL PHONE In a case that was defended by Patrick Watts at Malone Frost Martin, a District Court judge in Wisconsin has granted a defendant’s motion for summary judgment after it was sued for violating the Fair Debt Collection Practices Act and the … The post Daily Digest – February 12.

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Lender Fair Debt Collection Judgment Collections 147

Nerd Wallet

FEBRUARY 12, 2021

You can consolidate private student loan debt, but the process is usually referred to as refinancing. Student loan refinancing is a financial move you make to combine all of your existing loans with a new rate and loan term. You can refinance through a private credit union, bank or online lender. Moving forward, you will. Anna Helhoski writes for NerdWallet.

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Student loans Student Loans Loans Credit Unions 89

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Collections

Roths Child Law

FEBRUARY 12, 2021

If your parents got injured and went to the hospital when they were young, and if they couldn’t afford the bills, they may have asked family members to loan them money. They may have gotten help from friends. They may have turned to a local church or some other organization. Today, though people still do the things noted above, they also use crowdfunding.

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Bankruptcy Loans 75

Nerd Wallet

FEBRUARY 12, 2021

Since you’re probably traveling a lot less, you may be wondering if it’s time to get rid of the Chase Sapphire Reserve® and explore some alternatives. Many excellent travel perks come with this travel card, but there are also other incentives, even if you plan to stay close to home. Is it worth keeping the. Natasha Gabrielle writes for NerdWallet. Email: travel@nerdwallet.com.

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Hudson Weir

FEBRUARY 12, 2021

Without knowledge and expertise, insolvency can have a serious impact on a company and its directors. It is frequently assumed that only ‘de jure’ directors (those officially employed by a company) are liable during insolvency. However, shadow directors may also face significant legal and professional consequences should their actions and behaviour be deemed by the administrator or liquidator as having played a role in a company’s insolvency.

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Trade 52

Nerd Wallet

FEBRUARY 12, 2021

Imagine stepping into the bathroom first thing in the morning to experience not icy cold tile, but a toasty warm sensation. You can have that luxury by installing a radiant floor heating system beneath the tiles. The heat rises up through the flooring to warm everything in the room, including you. Since these systems don’t. Carol J. Alexander writes for NerdWallet.

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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

Hudson Weir

FEBRUARY 12, 2021

An insolvent estate occurs when a person dies owing debts greater than the total value of their assets. Dealing with an insolvent estate can be complex, and it’s very important that the process is handled correctly. In this article we’ll explain everything you need to know. Repaying debts after death. If a person dies owing money, their debt still needs to be dealt with.

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Secured Creditor Unsecured Creditor Bankruptcy Creditors 52

Nerd Wallet

FEBRUARY 12, 2021

When you need to get a Medicare card or replace one, you can easily request it online or by phone. Whether you’re enrolling in Medicare for the first time or replacing a lost, stolen or damaged card, obtaining the traditional red, white and blue Medicare card shouldn’t be an obstacle to receiving and paying for. John Rossheim writes for NerdWallet. Email: USexpansion@nerdwallet.com.

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Better Credit Blog

FEBRUARY 12, 2021

Did you know the unpaid tolls can go to collections just like any other type of debt? Not paying on a toll road can have severe consequences for your credit report. As long as EZ Pass Collections is on your credit report, it can lower your score and hold you back from getting the financing you need. Many consumers don’t realize that simply paying off their debts does not automatically mean collections entries will be removed from their report.

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Collections Collection Agencies Collections Agency Debt collector 52

Nerd Wallet

FEBRUARY 12, 2021

Brex Cash is a cash management account that allows you to store your funds as uninvested cash with the program bank, or invest them in a money market fund to earn yield. With no fees and unlimited digital transactions, Brex Cash offers a tech-first alternative to the traditional business bank account. The Brex Cash account. Randa Kriss writes for NerdWallet.

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Banks 78

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Collections

Better Credit Blog

FEBRUARY 12, 2021

Is Evergreen Professional Recoveries on your credit report? If so, you’ve probably endured frequent phone calls from them and noticed a drop in your credit score. EPR may show up on your report if you’ve fallen behind on payments to a service provider or a lender. The longer you ignore a collections entry, the more damage it can do to your report. Read on to learn about Evergreen Professional Recoveries and what you can do to get them off your credit report.

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Collection Agencies Collections Agency Debt collector Lender 52

Nerd Wallet

FEBRUARY 12, 2021

With travel still in flux in 2021, hotel chains are eager to gain back loyal customers by slashing the requirements for earning elite status in their loyalty programs. Hilton Honors has reduced its elite status qualifications this year by half. But does this mean you should chase status with the program? Here’s a look at all. Rand Shoaf writes for NerdWallet.

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Collections Law

FEBRUARY 12, 2021

As a business owner, knowing the appropriate action that you can take to deal with out of state delinquent debtors is essential to the bottom line. The first step should be finding someone who can be in your corner and fight to collect your bad debts until they either collect the bad debt or no one else can. The experienced and effective debt collection attorneys at the Law Offices of Alan M.

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Judgment Debt Recovery Debtor Garnishment 52

Nerd Wallet

FEBRUARY 12, 2021

Nothing sparks procrastination quite like a to-do list of financial tasks. Sometimes the only thing scarier than making a financial choice in the first place is making the wrong choice, which can happen when you don’t totally understand what you’re doing. In that sense, the default — standing pat — is often easiest. Tackling money-related. Sara Rathner writes for NerdWallet.

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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.

Public Citizen

FEBRUARY 12, 2021

The Conference on Consumer Finance Law and the Program on Financial Regulation & Technology at George Mason University’s Scalia Law School held a webinar recently titled  “New Directions for Consumer Finance Law. An Insider’s Look at the Report of the CFPB’s Taskforce.” The speakers included Taskforce members Jean Noonan, Todd Zywicki and William McLeod.

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Nerd Wallet

FEBRUARY 12, 2021

If you’ve flown with American Airlines in the past, you may be wondering if the airline still makes a great option in COVID-era travel times. Here’s what you need to know about American Airlines policies and what you can expect when you’re ready to travel again. What to expect when flying American Airlines this year. Natasha Gabrielle writes for NerdWallet.

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Burr Forman

FEBRUARY 12, 2021

In a surprise bout of bipartisanship, and overriding a presidential veto, both chambers of Congress signaled a new priority for 2021—the strengthening of federal anti-money laundering provisions, albeit by an unexpected vehicle. That vehicle was the 2021 National Defense Authorization Act ( NDAA ), a bill which usually funds the military for the coming year but—this year—also codified the Anti-Money Laundering Act of 2020.

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Financial Institution Banks Lawyers Financial services 40

Nerd Wallet

FEBRUARY 12, 2021

KeyBank offers three small-business checking accounts with minimal frills, but also minimal fees, provided you’re able to avoid the bank’s hefty overdraft charges. The bank’s generous cash deposit limits — up to $25,000 at no cost, $50,000 in some locations — and strong brick-and-mortar presence make KeyBank an ideal option for cash-heavy business owners who.

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Credit Unions