Account Recovery

APRIL 18, 2023

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call … The post Class Action Accuses Collector of Failing to Include Itemization Info in Initial Email first appeared on AccountsRecovery.net.

130

130

Consumer Finance

APRIL 18, 2023

CFPB Office of Servicemember Affairs Assistant Director Jim Rice discusses recent CFPB efforts to understand the veteran financial experience, enforce the law, and coordinate efforts across the federal government and in the states.

Government 93

Government Loans 93

Account Recovery

APRIL 18, 2023

A District Court judge in Florida has granted a plaintiff’s motion to remand a Fair Debt Collection Practices Act case back to state court where it was originally filed and denied a defendant’s motion to dismiss as moot, ruling the claims made by the plaintiff were not sufficient for the case to have standing in … The post Judge Remands FDCPA Case Back to State Court first appeared on AccountsRecovery.net.

Fair Debt Collection 130

Fair Debt Collection Collections Credit Management 130

PDC Flow

APRIL 18, 2023

Payment workflows (like sending customer invoices with payment requests) are an integral part of your business sales cycle and customer experience. Many companies that accept B2B payments – or provide their goods and services before collecting payments – need to think about the full customer journey, including billing workflows. What are Workflows? A workflow is any repeatable process your business uses to get contracts signed, invoices delivered, and payments approved and collected.

Medical Bills Collections 59

Medical Bills Collections Collections Banks Collection Agencies 59

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 18, 2023

Remember when you were in school and your teachers had all those rules when it came to writing reports and essays? The font had to be the right size and you needed annotated footnotes and a bibliography (did I just date myself with that one?), among a host of other things you thought were silly. … The post Illinois Appeals Court Shuts Down Consumer For Missing Info in Brief first appeared on AccountsRecovery.net.

130

130

Account Recovery

APRIL 18, 2023

More than 90% of consumers are paying their recurring bills online, and, if given the choice, nearly 60% of consumers would pay their medical bills using platforms like Zelle, PayPal, or Venmo, according to the results of a healthcare trends survey released recently by JPMorgan Chase. Labor shortages at healthcare providers is making it harder … The post Consumers Want Online Payment Options, But Healthcare Providers are Slow to Adopt first appeared on AccountsRecovery.net.

Healthcare 130

Healthcare Collections 130

NCBA Law Practice Management Blog

APRIL 18, 2023

Many law firms default to using subjective methods to define staff performance – which, frankly, isn’t good for anybody. Your employe e s have no idea how they’re being judge d , since there is no objective criteria in place; and, you’re kind of winging it, too, as an owner or managing partner, which makes it almost impossible to justify anything you do.

Law Firms 52

Law Firms Creditors 52

Account Recovery

APRIL 18, 2023

CLASS ACTION ACCUSES COLLECTOR OF FAILING TO INCLUDE ITEMIZATION INFO IN INITIAL EMAIL A class-action lawsuit has been filed in New York federal court against a collection agency for allegedly sending an initial communication to a consumer via email without including all of the itemization information required under Regulation F. More details here. This series … The post Daily Digest – April 18.

Collection Agencies 130

Collection Agencies Collections Agency Collections 130

NCBA Law Practice Management Blog

APRIL 18, 2023

T here are at least two types of people who can’t abide loose ends: mob bosses and lawyers. Focusing on the latter, much of an attorney’s job is the movement toward tying things up, and putting a bow on them. Now, over the course of the last few years, especially, there has been a lot of talk about the importance of workflows in law firms. And, it’s true : process is vital to managing a law firm + it’s still something of a competitive advantage for the lawyers who use it, as against those who do

Law Firms 52

Law Firms Lawyers Creditors Collections 52

Advertisement

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.

Collections

Troutman Sanders

APRIL 18, 2023

As discussed here , administrators’ health plan benefit denial letters have recently been under scrutiny by the courts. For example, in D.K. et al. v. United Behavioral Health et al. , the Tenth Circuit is reviewing a district court’s decision that health plan benefit denial letters must contain more fulsome discussions of the administrator’s determination, similar to disability plan benefit denial letters.

Healthcare 52

Healthcare Judgment 52

Collections Law

APRIL 18, 2023

A mechanic’s lien gives builders, contractors and some others in the construction industry a collection mechanism that other industries don’t have. With a written contract or documents constituting a written contract, you can place a lien against the property which they improved for unpaid debt. The property owner cannot sell the property without satisfying the lien.

Mechanic’s Liens 52

Mechanic’s Liens Commercial Collection Law Firms Construction 52

Direct Recovery

APRIL 18, 2023

Taking on debt is one of the most common ways to fuel a rapidly growing small business. But that debt can quickly become an anchor weighing down the entire company if growth sputters, and the resulting collections can be even more problematic than the debt in the first place. If your business regularly offers credit terms on B2B sales, it is essential to ensure clients stay current on their payment plans.

Collection Agent 52

Collection Agent Collections Debt collector Collection Agencies 52

Taurus Collect

APRIL 18, 2023

DebtCo & Taurus announce strategic debt collection partnership The world of debt collection has long been plagued by inefficiencies and outdated practices. However, the industry is finally experiencing a transformation, as leading companies DebtCo UK , a digital debt collections agency, and Taurus Collections announce a strategic partnership to offer innovative debt collection services across the UK and Ireland.

Collections 52

Collections Debt Recovery Collection Agencies Collections Agency 52

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

Prosperity Now

APRIL 18, 2023

For 32 years, the Latino Economic Development Center (LEDC) has been driving the economic and social advancement of low-middle-income Latinos

52

52

Consumer Finance

APRIL 18, 2023

Director Chopra delivered prepared remarks on modern-day redlining at Seton Hall University.

51

51

Prosperity Now

APRIL 18, 2023

Introducing the Racial Economic Equity Fellowship Nonprofits that are led by and primarily serve people of color have a harder

52

52

NACM

APRIL 18, 2023

Credit professionals who have been in the industry for several years have lots of knowledge and expertise in their career. But it's never too late to learn something new—or fine tune those skills you use on a daily basis. Just like a car, even the most reliable tires need to be rotated after a while to keep the machine rolling. "When I got recruite.

5

5

Advertisement

Discover a modern, cloud-based collection system that never takes a rest day. MeridianLink® Collect is an intuitive platform with advanced customization options developed to simplify the collections process. Here are four ways MeridianLink Collect can support your team: Omnichannel communications Compliance rules & checklists Workflows & queues One interface with supporting integrations And that’s just the start.

Collections

Troutman Sanders

APRIL 18, 2023

To help you keep abreast of relevant activities, below find a breakdown of some of the biggest events at the federal and state levels to impact the Consumer Finance Services industry this past week: Federal Activities State Activities Federal Activities: On April 15, House of Representatives document repository published a new draft bill that would establish a potential statutory framework for payment stablecoins.

Financial services 52

Financial services Financial Institution Loans Bankruptcy 52