Mon.Mar 13, 2023

article thumbnail

Judge Denies Defendant’s MSJ in FCRA Case Over Duplicate Reporting

Account Recovery

A District Court judge in Illinois has denied a defendant’s motion for summary judgment in a Fair Credit Reporting Act case, determining that the defendant did not conduct a reasonable investigation into the plaintiff’s dispute because it did not actually read the dispute and look into what the plaintiff submitted. A copy of the ruling … The post Judge Denies Defendant’s MSJ in FCRA Case Over Duplicate Reporting first appeared on AccountsRecovery.net.

Judgment 237
article thumbnail

Optimum Speed to Assign Debts to a Collection Agency

Nexa Collect

Large clients often assign hundreds ( even thousands) of accounts to a collection agency in one go. This large batch is usually their past-due inventory accumulated over the years. Suppose a client submits a batch of 1000 accounts to the collection agency. These accounts are assigned to multiple debt collectors who will start sending collection demands or making phone calls to all these 1000 accounts in a matter of days.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Daily Digest – March 13. Judge Denies Defendant’s MSJ in FCRA Case Over Duplicate Reporting; Tax Season Languishing for ARM Industry

Account Recovery

JUDGE DENIES DEFENDANT’S MSJ IN FCRA CASE OVER DUPLICATE REPORTING A District Court judge in Illinois has denied a defendant’s motion for summary judgment in a Fair Credit Reporting Act case, determining that the defendant did not conduct a reasonable investigation into the plaintiff’s dispute because it did not actually read the dispute and look … The post Daily Digest – March 13.

Judgment 130
article thumbnail

How to Get a Loan for a Used Car From a Private Seller

Credit Corp

Buying a used car can lower the cost of your purchase, letting you move into car ownership with a much smaller loan. This might also be beneficial if you don’t have the credit or income to qualify for a loan amount that would cover a new car price. You might get an even better deal if you buy a used car through a private seller. However, it’s important to ensure you’re protected from scams and engaging in a safe transaction.

Loans 105
article thumbnail

Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

article thumbnail

Clark Hill Adds Ari Derman to Banking and Financial Services Practice

Account Recovery

Clark Hill announced today that Ari Derman has joined the firm as Senior Counsel in its Banking and Financial Services group. He will be based in Clark Hill’s Chicago office and also be a part of the Financial Services Regulatory and Compliance team. “Ari is tremendously respected in the industry and will be an excellent … The post Clark Hill Adds Ari Derman to Banking and Financial Services Practice first appeared on AccountsRecovery.net.

More Trending

article thumbnail

Compliance Digest – March 13

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.

130
130
article thumbnail

Smart Money: How COVID-19 Changed Our Finances — and Our Advice

Nerd Wallet

Jae Bratton writes for NerdWallet. Email: jbratton@nerdwallet.com. Sean Pyles writes for NerdWallet. Email: spyles@nerdwallet.com. Twitter: @SeanPyles. The article Smart Money: How COVID-19 Changed Our Finances — and Our Advice originally appeared on NerdWallet.

85
article thumbnail

Tax Season Bump to Be Less Than in Years Past

Account Recovery

We are in the throes of income tax season and there are a growing number of indicators — including reports from different collection operations across the country — that this year’s income tax refund season is going to be less bountiful than the industry has seen in recent years. The average income tax refund is … The post Tax Season Bump to Be Less Than in Years Past first appeared on AccountsRecovery.net.

article thumbnail

Guide to Treasury Bonds

Nerd Wallet

Alieza Durana writes for NerdWallet. Email: adurana@nerdwallet.com. Tiffany Lam-Balfour writes for NerdWallet. Email: tlambalfour@nerdwallet.com. Twitter: @@TiffLamBalfour. The article Guide to Treasury Bonds originally appeared on NerdWallet.

83
article thumbnail

The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

article thumbnail

Industry Report says late payments reaching crisis levels

UK debt collections

Time is Money: Late payments ‘stifle’ small businesses across UK report shows The Federation of Small Businesses (FSB) has released a report that uncovers the true scale of damage caused by the late payments crisis as entrepreneurs say: ‘ enough is enough.’ Time is Money: The Case for Late Payment Reform , exposes the insufficient measures in place to hold big businesses to account and calls for a level playing field for smaller firms.

article thumbnail

Being Pregnant at Disney World Is No Reason to Miss Out on Fun

Nerd Wallet

Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com. The article Being Pregnant at Disney World Is No Reason to Miss Out on Fun originally appeared on NerdWallet.

77
article thumbnail

Policies for Prosperity: Driving BIPOC Economic Well-Being Forward at the State and Local Level

Prosperity Now

State legislatures play a pivotal role in the overall governance of a state’s economy and the well-being of its constituents.

article thumbnail

Would an MBA Help You Come Out on Top in a Recession?

Nerd Wallet

Trea Branch writes for NerdWallet. Email: tbranch@nerdwallet.com. The article Would an MBA Help You Come Out on Top in a Recession? originally appeared on NerdWallet.

article thumbnail

Agent Tooling: Connecting AI to Your Tools, Systems & Data

Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.

article thumbnail

House Republicans Consider Proposals to Reform CFPB; Criticize Agency’s War on Fees

Troutman Sanders

On March 9, the U.S. House Financial Institutions and Monetary Policy Subcommittee held a hearing entitled “Consumer Financial Protection Bureau [CFPB]: Ripe for Reform.” The memorandum released in advance stated the hearing would “examine the leadership structure, funding, budget, and operations of the CFPB and areas in which reforms are needed.” Predictably, during the hearings there was a partisan split on the proposed reforms, with Republican members attacking what they characterized as agen

article thumbnail

Collapse of SVB, Signature Bank: What You Need to Know

Nerd Wallet

Anna Helhoski writes for NerdWallet. Email: anna@nerdwallet.com. Twitter: @AnnaHelhoski. The article Collapse of SVB, Signature Bank: What You Need to Know originally appeared on NerdWallet.

Banks 74
article thumbnail

NY AG Sues Digital Asset Exchange CoinEx for Failing to Register as Broker-Dealer

Troutman Sanders

On February 22, New York Attorney General Letitia James filed an enforcement action against digital asset exchange, CoinEx, for failing to register as a securities and commodities broker-dealer and for falsely representing itself as a crypto exchange without appropriate registration in violation of New York law. In the petition , filed in the New York County Supreme Court, Attorney General James alleged that her office was able to buy and sell cryptocurrencies on CoinEx in New York, although the

Trade 52
article thumbnail

4 Steps to Create a Wedding Budget

Nerd Wallet

Elizabeth Ayoola writes for NerdWallet. Email: eayoola@nerdwallet.com. The article 4 Steps to Create a Wedding Budget originally appeared on NerdWallet.

72
article thumbnail

Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

article thumbnail

Consumer Groups Lobbying Federal Gov’t For Medical Debt Protections

Account Recovery

With the Biden Administration’s fight to eliminate student loan debt before the Supreme Court, consumer advocacy groups and patients’ rights advocates are now calling on the administration to do something about the growing medical debt problem in America. The groups have sent separate letters to the Internal Revenue Service and the Consumer Financial Protection Bureau … The post Consumer Groups Lobbying Federal Gov’t For Medical Debt Protections first appeared on AccountsRecove

article thumbnail

What Is Continental Finance, and Are Its Cards Right for You?

Nerd Wallet

Jae Bratton writes for NerdWallet. Email: jbratton@nerdwallet.com. The article What Is Continental Finance, and Are Its Cards Right for You? originally appeared on NerdWallet.

71
article thumbnail

Best Travel Insurance for Older Adults

Nerd Wallet

Lee Huffman writes for NerdWallet. Email: travel@nerdwallet.com. The article Best Travel Insurance for Older Adults originally appeared on NerdWallet.

69
article thumbnail

5 Electric Vehicles That Cost Less Than $40,000

Nerd Wallet

Kurt Woock writes for NerdWallet. Email: kwoock@nerdwallet.com. The article 5 Electric Vehicles That Cost Less Than $40,000 originally appeared on NerdWallet.

Loans 67
article thumbnail

Future-Proof Your Firm: Smarter Tech for Stronger Returns & Simpler Workflows

Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!