Thu.Apr 14, 2022

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Judge Denies Default Judgment Motion in FDCPA Case

Account Recovery

Better late than never, a federal judge in Nevada has ruled, denying a motion for default judgment against a defendant in a Fair Debt Collection Practices Act case because the defendant has now starting to defend itself “in earnest.” A copy of the ruling in the case of Hankerson v. Nationwide Capital Services can be … The post Judge Denies Default Judgment Motion in FDCPA Case appeared first on AccountsRecovery.net.

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Small Home Fixes Can Have a Big Impact on Safety

Nerd Wallet

If it ain’t broke, maybe you should fix it anyway. That’s the message consumer advocates and insurance experts want you to hear about your home’s hidden dangers. Too often, they say, people put off relatively inexpensive repairs or improvements that could prevent significant damage, injuries or even death. While you can’t eliminate every potential hazard, Liz Weston, CFP® writes for NerdWallet.

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Finance Company Settles with Mass. AG Over Illegal Collection Practices For Illegal Dog Leases

Account Recovery

The Attorney General of Massachusetts has reached a settlement approaching $1 million with a finance company accused of engaging in illegal collection practices while attempting to collect on leases used to purchase pet dogs, which is also illegal in Massachusetts. Under the terms of the settlement, Monterey Financial Services will cancel nearly $700,000 of leases … The post Finance Company Settles with Mass.

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Smart Money Podcast: How We Got to $1.75 Trillion in Student Debt

Nerd Wallet

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode is a Nerdy Deep Dive into the history of student loans. Check out this episode on either of these platforms: Apple Podcasts Spotify Our take Today more than 43 million Americans hold student loans, which altogether total over $1.75. Anna Helhoski writes for NerdWallet.

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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.

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Bill in Colo. Prohibiting Collections of Medical Debt Without Price Transparency Advances out of Committee

Account Recovery

A bill has been introduced in the Colorado state legislature that would prohibit hospitals from engaging in certain debt collection practices if they are not in compliance with a federal price transparency law, a mandate that only 6% of hospitals in Colorado are currently in compliance with, according to a published report. Engaging in the … The post Bill in Colo.

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Daily Digest – April 14. Getting to Know Stephanie Platzman-Diamant of Cavalry Portfolio Services; Judge Denies Default Judgment Motion in FDCPA Case

Account Recovery

GETTING TO KNOW STEPHANIE PLATZMAN-DIAMANT OF CAVALRY PORTFOLIO SERVICES Along with wanting to taste her apple cider donuts, Stephanie Platzman-Diamant has planted a seed that may mark the first change to the “Getting to Know” series since it was launched more than six years ago. One of the questions has always been “What is one … The post Daily Digest – April 14.

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The NerdWallet guide to finding the best car insurance rate

Nerd Wallet

Comparison shopping is crucial if you want to save money on car insurance. Here’s why: Insurers look at similar factors, but they have their own “secret sauce” when it comes to setting rates. So two companies can charge wildly different rates for the same driver. How to compare car insurance quotes First of all, every. Kayda Norman writes for NerdWallet.

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Getting to Know Stephanie Platzman-Diamant of Cavalry Portfolio Services

Account Recovery

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know Stephanie Platzm

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6 Common Travel Rewards Pitfalls

Nerd Wallet

Using points and miles can drastically improve your vacations, with discounted hotel rooms and high-end flights. But it’s not all champagne in crystal glasses. No matter how savvy you are, it’s always possible to make mistakes with travel rewards. Let’s take a look at some of the most common travel rewards pitfalls and how to. Carissa Rawson writes for NerdWallet.

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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.

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6 Tips for choosing a Debt Collection Agency

UK debt collections

If you’re running a Business and searching for a debt collection agency (DCA), it is essential you choose the right solution. As with any Business sector, not all debt collection agencies are equal. Maximum effort will deliver maximum results. Also, the greatest service will deliver the greatest results. But how do you arrive at this conclusion?

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How to Search Award Flight Availability, Broken Down by Airline

Nerd Wallet

You’ve done it! After flying many miles and/or earning miles through a credit card, you finally are ready to redeem your miles for an award flight. You might be familiar with how to find and book revenue flights, but what about how to search award flight availability? Even if you know how to perform a. JT Genter writes for NerdWallet. Email: travel@nerdwallet.com.

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CFPB Releases Blog Post on the Dischargeability of Private Student Loans in Bankruptcy

Troutman Sanders

On April 12, the Consumer Financial Protection Bureau (CFPB) released a blog post titled “ Busting myths about bankruptcy and private student loans.” In the blog post, the CFPB argues that certain private education loans can be discharged in bankruptcy. Specifically, the CFPB argues that the following private student loans can be discharged without a showing of undue hardship and an adversary proceeding: Loans where the loan amount was higher than the cost of attendance (such as tuition, books,

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Bunker Mentality: Law Firms Cannot Stop Innovating Now

NCBA Law Practice Management Blog

Stop me if you’ve heard this before; but, COVID protocols are coming down everywhere across the world, as we cross into the Spring, and hopefully move from pandemic to endemic stage. During the pendency of the pandemic, law firms were forced to innovate. Some did so gladly; some had already made moves; others applied what they felt were short-term, emergency solutions, and were looking forward to moving back to the status quo, as soon as possible.

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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?

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Spring Roster of FCC Actions: State-Federal Partnerships, Enforcement Actions, and Reassigned Numbers Database Clarifications and Changes

TCPA

The FCC’s TCPA dockets did not witness many developments from the beginning of 2022 until February.

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