Account Recovery

AUGUST 10, 2020

JUDGE DENIES DEFENDANT’S MSJ IN FDCPA CASE OVER LACK OF LICENSE A District Court judge in Hawaii has denied a defendant’s motion for summary judgment after it was sued for violating the Fair Debt Collection Practices Act because it sued to collect on an unpaid debt yet was not registered in the state as a … The post Daily Digest – August 10.

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Fair Debt Collection Judgment Collections 246

Nerd Wallet

AUGUST 10, 2020

You did your research and made a plan you could live with. Maybe you took on side gigs or downsized your housing expenses. Perhaps you canceled unused subscriptions and negotiated some other monthly bills, or simply resisted the splurge on that impulse buy. Congratulations, you finally paid off your credit card debt! So … now. Erin Hurd is a writer at NerdWallet.

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Credit Card Debt 98

Account Recovery

AUGUST 10, 2020

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

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Nerd Wallet

AUGUST 10, 2020

A previously announced enhancement to the Southwest Rapid Rewards system is now active for customers. Any Rapid Rewards members who have Travel Funds set to expire Sept. 7, 2022, will now have the option to convert those Travel Funds into Rapid Rewards points at a rate of 1.28 cents per point through Dec. 15, 2020. Kevin Berry is a writer at NerdWallet.

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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

AUGUST 10, 2020

A District Court judge in Hawaii has denied a defendant’s motion for summary judgment after it was sued for violating the Fair Debt Collection Practices Act because it sued to collect on an unpaid debt yet was not registered in the state as a collection agency. A copy of the ruling in the case of … The post Judge Denies Defendant’s MSJ in FDCPA Case Over Lack of License appeared first on AccountsRecovery.net.

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Fair Debt Collection Collection Agencies Collections Agency Judgment 162

Account Recovery

AUGUST 10, 2020

Logicoll, LLC is excited to announce the launch of our professional debt collection agency. Logicoll represents creditors in the resolution of outstanding consumer credit accounts. Our company provides compliant recovery solutions for organizations with outstanding receivables including major banks, credit card issuers, auto financing companies, fintech lenders, and more.

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Collection Agencies Collections Agency Creditors Consumer Credit 147

Nerd Wallet

AUGUST 10, 2020

Many new lawyers feel frustrated with their student loans — and some say they’re depressed due to their debt — according to a new report from the American Bar Association. The July 2020 survey of 1,084 lawyers found that student loan debt affects nearly every facet of their lives: 48% said they had postponed having. Ryan Lane is a writer at NerdWallet.

Student loans 88

Student loans Student Loans Lawyers Loans 88

Account Recovery

AUGUST 10, 2020

A pair of organizations have filed amicus briefs in support of a company being sued by the Consumer Financial Protection Bureau, arguing that a ratification by the regulator is not enough to allow the case to continue. Briefs were filed late last week by the Cato Institute and the Pacific Legal Foundation, supporting All-American Check … The post Ratification Not Enough to Protect CFPB’s Actions, Amicus Briefs Argue appeared first on AccountsRecovery.net.

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Nerd Wallet

AUGUST 10, 2020

Welcome to NerdWallet’s SmartMoney podcast, where we answer your real-world money questions. This week’s episode starts with a discussion of mortgage rates, which are hitting new lows as the economy stalls. That’s good news for people who want to buy or refinance and have good credit and steady income. But it’s not much help for. Liz Weston is a writer at NerdWallet.

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Collections

Troutman Sanders

AUGUST 10, 2020

Enforcement of the California Consumer Privacy Act (CCPA) began July 1, 2020. Our privacy team at Troutman Pepper includes several attorneys who worked in an attorney general’s office. This privacy regulatory team has identified six areas of enforcement likely to catch the California Office of the Attorney General’s (OAG) attention, which arguably holds sole regulatory enforcement authority under the Act.

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Collections 52

Nerd Wallet

AUGUST 10, 2020

The IHG® Rewards Club Premier Credit Card is one of the few hotel credit cards that offer value to almost every traveler. The card comes packed with benefits. Earn 125,000 bonus points after spending $3,000 on purchases within the first three months of account opening. Plus you’ll get a free night each year and mid-tier. JT Genter is a writer at NerdWallet.

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Burr Forman

AUGUST 10, 2020

New York District Court. On August 3, 2020 a district court judge for the Southern District of New York issued an opinion striking down certain portions of the Department of Labor’s Final Rule interpreting the Families First Coronavirus Response Act (“FFCRA”), including the “health care provider” exemption. For background, the FFCRA provides two forms of paid leave – emergency paid sick leave (EPSL) and emergency family and medical leave (EFML) – to businesses with fewer than 500 employees.

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Nerd Wallet

AUGUST 10, 2020

The World of Hyatt loyalty program provides lots of opportunities to redeem points for stays at hotels and resorts across the globe. Properties ranging from convenient airport locations to five-star Park Hyatt hotels are divided into categories that determine how many points you need for an award night. Navigating these categories can be challenging, so.

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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

Troutman Sanders

AUGUST 10, 2020

On July 31, Judge J. Michael Seabright, in the District of Hawaii, denied a Defendant debt collector’s motion for summary judgment. In doing so, the Court rejected the Defendant’s argument that it could rely on an informal email from a state agency regarding compliance advice. Previously, DNF Associates, LLC (“DNF”) had filed a lawsuit against Plaintiff Ronald Viernes seeking to collect a debt.

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Judgment Debt collector Fair Debt Collection Lawyers 52

Nerd Wallet

AUGUST 10, 2020

With the coronavirus thwarting air travel plans, it is a perfect time to consider a road trip in the Southwestern United States. Arizona and Utah have a combined eight national parks, as well as a multitude of National Park Service sites and trails, state parks and other incredible places well worth a visit. It’s easy. Ben Nickel-D’Andrea is a writer at NerdWallet.

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Burr Forman

AUGUST 10, 2020

Episode 7 of the Take 5 Immigration Podcast focuses on one of the Proclamations that deals with travel bans into the U.S. for individuals physically present in certain countries for a 14 day period immediately before they attempt U.S. entry. The podcast is hosted by Burr partner Melissa Azallion , from the firm’s Hilton Head office. The post Take 5 Immigration Podcast Series: Episode 7 appeared first on Burr & Forman.

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Nerd Wallet

AUGUST 10, 2020

For the millions of Americans who struggle to afford an unexpected expense, high-interest payday and online loans may seem like acceptable options despite the inherent risk. But guidance issued by federal regulators in the spring could bring a competitor to small-dollar lending: banks. The guidance omits a previous suggestion from the Federal Deposit Insurance Corp.

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Loans Banks Personal loans 67

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Collections

Burr Forman

AUGUST 10, 2020

On August 3, 2020 a district court judge for the Southern District of New York issued an opinion striking down certain portions of the Department of Labor’s Final Rule interpreting the Families First Coronavirus Response Act (“FFCRA”), including the “health care provider” exemption. For background, the FFCRA provides two forms of paid leave – emergency paid sick leave (EPSL) and emergency family and medical leave (EFML) – to businesses with fewer than 500 employees.

Healthcare 52

Healthcare 52

Nerd Wallet

AUGUST 10, 2020

Saving money takes time, but learning the basics about saving can take just a few minutes. Check out these bite-sized answers to 21 savings account questions (and the links to more information if you want to dig deeper). Building your banking IQ now can help you make smart money moves in the future. What features. Margarette Burnette is a writer at NerdWallet.

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Banks 66

Direct Recovery

AUGUST 10, 2020

In just a few short months, the Covid-19 pandemic has completely transformed the entire world, leaving many businesses struggling to keep up. But while so many companies are struggling, there are also stories of forward-thinking operations that have adapted to the changing conditions and are thriving in this difficult environment. The major difference between businesses that are doing well right now and those that aren’t is a willingness to adapt their operations to accommodate what has become o

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Retail 52

Nerd Wallet

AUGUST 10, 2020

The starter course for U.S. Bank’s new foodie-focused credit card just got more filling. Two months after its debut, the U.S. Bank Altitude® Go Visa Signature® Card is sweetening its sign-up bonus — and among other $0-annual-fee cards, it’s now one of the richest welcome offers available. New applicants will be eligible for the following: Earn 25,000.

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Banks 53

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.

Burr Forman

AUGUST 10, 2020

Birmingham Partners Derek Meek and Mike Hall have been recognized on the 2020 Lawdragon “ 500 Leading U.S. Bankruptcy and Restructuring Lawyers. ” Honorees are selected through a process of law firm submissions, journalistic research and editorial vetting from a board of legal peers. Those recognized on the list bring skills in financing, structuring, litigating and creating a pathway forward, especially during such uncertain times.

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Lawyers Bankruptcy Collateral Manufacturing 40

Nexa Collect

AUGUST 10, 2020

Invoice factoring can be an appealing way for businesses with outstanding accounts receivables to raise needed cash quickly. Factoring companies will purchase blocks of a business’s unpaid invoices, fronting between 85 and 90% of their total value. The business is then charged a fee every week until the last invoice is paid by the customer, at which point the factoring company will release the remaining 10 to 15%.

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Creditworthiness Collateral Loans Collection Agencies 130

Burr Forman

AUGUST 10, 2020

As COVID-19 exacerbates the rise in commercial bankruptcies that predate the pandemic, Derek Meek lent insight on the state of local bankruptcy filings in the August 7, 2020, Birmingham Business Journal. While consumer bankruptcies are down compared to last year thanks to the government stimulus, commercial filings continue to rise, especially in Birmingham’s energy sector and restaurant and food services industries.

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Bankruptcy Government 40

NACM

AUGUST 10, 2020

The construction industry may have added 20,000 jobs on net last month, but July's nonresidential construction employment dwindled. July's job loss affected nonresidential construction by 4,000 jobs, with nonresidential building taking the biggest hit with its loss of 9,300 jobs.

Construction 5

Construction 5

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