Account Recovery

APRIL 6, 2021

The Consumer Financial Protection Bureau yesterday issued a Notice of Proposed Rulemaking (NPRM) that would prohibit mortgage servicers from starting foreclosure proceedings until 2022 while also providing servicers with the ability to offer streamlined loan modification options to homeowners who have been impacted by the COVID-19 pandemic. The NPRM follows a compliance bulletin that the … The post CFPB Issues NPRM Seeking to Halt Foreclosures Until 2022 appeared first on AccountsRecovery.

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Foreclosure Loans 230

Nerd Wallet

APRIL 6, 2021

Robinhood, the stock-trading app that became a household name and media mainstay in 2020, is going public in 2021 after years of speculation. And adding to the buzz, the IPO is coming at a time when the company is confronting a convergence of record user growth, public outcry and regulatory scrutiny, which will likely assure. Chris Davis writes for NerdWallet.

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Trade 106

Account Recovery

APRIL 6, 2021

Gov. Michelle Lujan Grisham of New Mexico signed 50 bills into law yesterday, including one that aims to protect low-income residents of the state from incurring medical debts by preventing healthcare providers from placing collection accounts or filing lawsuits against certain low-income individuals, according to a published report. The bill, SB 71, also provides … The post N.M.

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Collections Healthcare 211

Sawin & Shea

APRIL 6, 2021

Bankruptcy is a smart, legal, and effective way to wipe out a mountain of old debts. Yet, it still has a stigma that makes many people avoid it. There are many reasons why people resist bankruptcy, but some are based on fiction rather than facts. Maybe you’re avoiding bankruptcy merely because of a mistaken impression about it, so let’s clear things up.

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Bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy Creditors 98

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

APRIL 6, 2021

Once a customer, always a customer, the Eleventh Circuit Court of Appeals has ruled in reversing a lower court’s denial to compel arbitration in a Fair Credit Reporting Act case, determining that the defendant was not violating the law when it accessed a former customer’s credit report when he called about obtaining service from the … The post Appeals Court Overturns Ruling in FCRA Case appeared first on AccountsRecovery.net.

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Account Recovery

APRIL 6, 2021

A District Court judge in Washington has partially granted a defendant’s motion to dismiss, but denied the motion related to claims the defendant allegedly violated the Fair Debt Collection Practices Act when it mistakenly sent two letters to the plaintiff informing him that a writ of garnishment had been entered against him, one of which … The post Judge Denies MTD on FDCPA Claims Over Garnishment Info Sent to Wrong Person appeared first on AccountsRecovery.net.

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Garnishment Fair Debt Collection Collections 147

Consumer Finance

APRIL 6, 2021

The Consumer Financial Protection Bureau today proposed extending the effective date of two recent debt collection rules to give affected parties more time to comply due to the ongoing COVID-19 pandemic.

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Collections 73

Account Recovery

APRIL 6, 2021

N.M. GOV. SIGNS MEDICAL DEBT COLLECTION BILL INTO LAW Gov. Michelle Lujan Grisham of New Mexico signed 50 bills into law yesterday, including one that aims to protect low-income residents of the state from incurring medical debts by preventing healthcare providers from placing collection accounts or filing lawsuits against certain low-income individuals, according to a … The post Daily Digest – April 6.

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Healthcare Collections 147

Nerd Wallet

APRIL 6, 2021

The cost of travel will slowly rebound from historic lows as more people receive COVID-19 vaccinations and book long-deferred trips, according to industry experts. This time last year, air traffic in the U.S. plummeted, with 95% fewer travelers passing through Transportation Security Administration checkpoints in April 2020 compared with April 2019.

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Collections

PBWT

APRIL 6, 2021

It is well-settled that if you are a debtor in chapter 11, you do not have the unfettered right to convert the case to a chapter 7 liquidation. A recent 10 th Circuit decision shows why. Kearney v. Unsecured Creditors Committee et al. , BAP No. 20-33, 2021 WL 941435 (B.A.P. 10th Cir. Mar. 12, 2021). The debtor had married into a family that owned real estate assets in New Mexico, Colorado and Arizona and lived off income from two spendthrift trusts formed by his late wife.

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Unsecured Creditor Debtor Bankruptcy Creditors 65

Nerd Wallet

APRIL 6, 2021

A real estate attorney’s role is to ensure the legal transfer of property from seller to buyer. These attorneys handle tasks like preparing or reviewing documents, ensuring that the title is clear and facilitating the transfer of funds. A real estate lawyer’s exact duties will vary depending on whether you, the seller or the lender. Kate Wood writes for NerdWallet.

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Lender 65

Credit Corp

APRIL 6, 2021

Starting a new business in 2021? While this is an exciting time for you, the pandemic, alongside looming economic uncertainty, means there are lots of considerations to make before pushing ahead with your passion project. To succeed where many startups fail, you’ll need to avoid the pitfalls plaguing small businesses. And you must be cautiously optimistic in the year to come.

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Startups Loans 64

UK debt collections

APRIL 6, 2021

Data from the National Residential Landlords Association has revealed that a massive 60% of Private Landlords are owed money due to rent arrears. Roughly 840,000 tenants in the Uk have fallen into arrears according to data from the National Residential Landlords Association ( NRLA ). The NRLA says with currently no eviction action possible against them, accrued debts are increasing.

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Repossession Government Loans 64

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

Nerd Wallet

APRIL 6, 2021

If you own a business, you know it can be difficult to keep your personal expenses separate from your business expenses. The Business Green Rewards Card from American Express comes with tools to help owners track their business spending, including employee charges, along with a chance to earn versatile Membership Rewards points from American Express.

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PDC Flow

APRIL 6, 2021

In the past, patient satisfaction centered mainly on care received during a visit. Check in experience and billing and payment issues weren’t considered. Now, healthcare systems and hospitals are putting more focus on the entire patient experience throughout their customer journey – including their financial experience. For the extended business office staff who collects on patient payments, how does the patient experience fit into your daily workflow?

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Healthcare Collections Retail 52

Nerd Wallet

APRIL 6, 2021

As vaccines roll out, travelers are excited to, well, travel again. And after more than a year of restrictions, cancellations and deferred plans, many are looking to go big and book bucket-list trips while the booking is good. If you’re looking for a high-end redemption to burn through an accumulated stack of travel rewards, now. Sam Kemmis writes for NerdWallet.

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Troutman Sanders

APRIL 6, 2021

Five federal banking regulatory agencies are gathering information and comments on financial institutions’ use of artificial intelligence (AI), including machine learning. On March 29, the Federal Reserve Board, the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Office of the Comptroller of the Currency issued a request for information (RFI) seeking information on the following topics: financial institutions’ ris

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Financial Institution Banks Credit Unions Credit Unions 52

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Collections

Nerd Wallet

APRIL 6, 2021

Amica boasts high customer satisfaction and a variety of coverage options that land it among our list of the top home insurance providers. Amica also offers discounts for things like paperless billing and automatic payments, which can be relatively easy to obtain. Amica homeowners insurance at a glance Amica home insurance earned 5 out of. Doug Sibor writes for NerdWallet.

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Home Insurance 52

Credit Management Company

APRIL 6, 2021

Budgets are tight for both patients and healthcare organizations. For patients, pandemic-related job loss created financial instability. The latest figures released by the Bureau of Labor Statistics show the continued financial impact of the pandemic. As of the beginning of March 2021, the unemployment rate is at 6.2 percent and the number of unemployed individuals is at 10 million.

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Healthcare Collections Credit Management 52

Nerd Wallet

APRIL 6, 2021

Miami International Airport has a sizable collection of lounges, and is a major hub for American Airlines and a connecting point for international travelers (especially those bound for the Caribbean and Latin America). MIA’s roster includes an AmEx Centurion Lounge, Delta Sky Club and an Admirals Club, but these are restricted to passengers with eligible.

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Collections 52

NCBA Law Practice Management Blog

APRIL 6, 2021

Mixed-use work and personal email accounts can quickly become ultra-confusing. And yet, ma n y lawyers still utilize the setup, ostensibly (and, ironically) for ease-of-use/simplicity. Modern law firms need to specialize in efficiency, more than any specific practice area. To that end, your email should be mission-critical to your business. That messages in your inbox should be from your clients, from referral sources and colleagues, maybe from organizations you belong to (those should be pushed

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Law Firms Lawyers Creditors 52

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.

Fico Collections

APRIL 6, 2021

On the face of it, the UK economic recovery is underway. According to the Treasury, the green shoots of are all around us, with Britain expected to be back at 2019 GDP levels by this time next year. The government-backed Furlough Scheme has now been extended until the end of September. Elsewhere, consumer confidence hit an 11-month high as the end of lockdown loomed alongside clear progress following the roll-out of the nation’s mass vaccination programme.

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Lender Creditworthiness Government Bankruptcy 52

Nerd Wallet

APRIL 6, 2021

Don’t let the name fool you. Auto-Owners Insurance covers much more than cars. In fact, Auto-Owners homeowners insurance is among NerdWallet’s Best Homeowners Insurance Companies for 2021. Auto-Owners Insurance offers many ways to save on your premium, with discounts for things like burglar and fire alarms and a history of paying your premiums on time.

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Home Insurance 54

FFGN COLLECT NY

APRIL 6, 2021

At first glance, the terms of the contract seem straightforward. The clauses therein make perfect sense, and, because you want to do the deal, you do not question their inclusion in the agreement. While the underlying agreement or contract may seem straightforward, you need to do a thorough evaluation to make sure you aren’t waiving your legal rights by signing the contract.

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Judgment Legal Rights Creditors Debtor 40

Nerd Wallet

APRIL 6, 2021

Chubb home insurance at a glance Although consumers may pay slightly more than average, Chubb home insurance policies come standard with high-end features that many other companies charge extra for, as well as several safety-focused discounts. Chubb’s very low number of complaints relative to its size and wide array of coverage make it one of. Doug Sibor writes for NerdWallet.

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Home Insurance 52

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Credit Unions