Mon.Feb 05, 2024

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Conn. Gov. Pledges To Buy and Forgive $650M in Medical Debt

Account Recovery

The governor of Connecticut has announced a plan to cancel $650 million in medical debt for as many as 250,000 residents of The Nutmeg State, which would make it the first state to offer this type of relief.

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What Are Prepaid Debit Cards?

Credit Corp

What is a prepaid debit card? These cards are similar to standard debit cards, with a few exceptions. Just like standard debit cards, you can use prepaid cards to make in-person purchases at most locations that take Visa or Mastercard. In many cases, you can even use these cards to make online purchases. Instead of depositing money into an account at your local bank, you load money directly onto a prepaid debit card.

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Compliance Digest – February 5

Account Recovery

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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Personal Guarantees Can Help You Get Paid

Collections Law

In the dynamic and sometimes volatile world of business transactions, your company’s financial stability and success depend upon being able to promptly and efficiently collect monies that are owed. One important tool in a creditor’s arsenal is the personal guarantee. Understanding how personal guarantees function can be critical when it comes to safeguarding your receivables and ensuring the future success of your business.

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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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Judge Dismisses FDCPA Class-Action for Lack of Standing

Account Recovery

A debt collection letter, sent to the plaintiff’s girlfriend. Letters that allegedly did not include the proper disclosures. And a District Court judge from New York who dismissed the class-action complaint because the plaintiff failed to allege that he suffered a concrete injury. The Background: The defendant sent the plaintiff two separate letters last September.

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Lawmakers Ask CFPB to Reopen Tech Payment Comment Period

Account Recovery

A trio of Republicans from the House Financial Services Committee sent a letter to Rohit Copra, the director of the Consumer Financial Protection Bureau, asking for the Bureau to revisit a number of aspects of its proposed rule that would give it the power to regulate a handful of tech companies what manage and facilitate […]