Mon.Oct 03, 2022

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Collector Not Obligated to Notify Creditor of Dispute, Judge Rules

Account Recovery

A District Court judge in Oklahoma has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act case, ruling the defendant did not violate the statute because it failed to notify the original creditor that the debt had been disputed by the plaintiff. A copy of the ruling in the case of Robinson … The post Collector Not Obligated to Notify Creditor of Dispute, Judge Rules appeared first on AccountsRecovery.net.

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Insurance Claims Recoveries – Keeping Claims Costs Down

Debt Recoveries

Recoveries are the Bermuda triangle of the claims process, where recoverable funds are all too often lost, forgotten, or not given the priority they deserve. To avoid the Bermuda triangle, gather all relevant information at the start of a claim. These will include quotes/invoices, Third Party information, insurance information, witness contact information, obtaining statements and applying for police reports, and so on.

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The Secret to Writing Strong Policies & Procedures

Account Recovery

Everyone who has a driver’s license knows how to drive a car. We know what pedal makes the car move and which one makes the car stop. We know which way to turn the steering wheel to make the car go to the left and which way to turn the wheel steering wheel to make … The post The Secret to Writing Strong Policies & Procedures appeared first on AccountsRecovery.net.

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Best Credit Cards for Everyday Spending

Nerd Wallet

Using a credit card to pay for almost everything can help you track spending, build credit and earn rewards, so long as it doesn’t tempt you to overspend. That advice is especially relevant when it comes to everyday expenses. By picking the right credit card, you’ll earn anywhere from 2%-5% back on purchases that you. Jae Bratton writes for NerdWallet.

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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.

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Compliance Digest – October 3

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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More Trending

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Legal Challenges to Student Loan Cancellation Plan Launched

Account Recovery

The legal challenges to the federal government’s plan to cancel student loan debt for individuals making less than $125,000 a year have started, with a pair of suits claiming the administration failed to take the proper steps before announcing the plan. One lawsuit was filed by the Pacific Legal Foundation, a conservative organization, and the … The post Legal Challenges to Student Loan Cancellation Plan Launched appeared first on AccountsRecovery.net.

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American Airlines ‘Dreamy’ New Lounge is Opening This Fall

Nerd Wallet

American Airlines will debut the redesign of its Admirals Club lounges this autumn with the opening of the first revamped lounge at Washington-National. The world’s largest airline plans to expand the redesign to other Admirals Club lounges, with three lounges in the United States already in the works. Let’s look at what we know about. JT Genter writes for NerdWallet.

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Daily Digest – October 3. Collector Not Obligated to Notify Creditor of Dispute; Legal Challenges to Student Loan Debt Cancellation Plan Launched

Account Recovery

COLLECTOR NOT OBLIGATED TO NOTIFY CREDITOR OF DISPUTE A judge in Oklahoma has granted a motion to dismiss, ruling the defendant was not obligated under the Fair Debt Collection Practices Act to notify the original creditor that a debt was being disputed. The defendant did everything it was supposed to when it notified the credit … The post Daily Digest – October 3.

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The Best Cruise Insurance

Nerd Wallet

Cruising is back, but many travelers are still reluctant to board ships alongside thousands of other travelers. Cruise insurance has you covered if: You need to be reimbursed for canceling your trip. Your flight to the port gets delayed. You need to pay for medical care if you get sick on board. You need to. Alisha McDarris writes for NerdWallet. Email: travel@nerdwallet.com.

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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.

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Director Chopra’s Prepared Remarks at the Financial Stability Oversight Council Meeting

Consumer Finance

Prepared remarks of CFPB Director Chopra at a meeting of the Financial Stability Oversight Council on October 3, 2022.

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Smart Money Podcast: Fed News, and Choosing a New Bank

Nerd Wallet

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a.

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Good News For Defendants Facing Claims Under Florida’s Mini-TCPA

Collection Industry News

Joshua Briones, September 30, 2022. Since the beginning of 2022, dozens of Florida Telephone Solicitation Act (“FTSA”) claims have been filed. The FTSA and related case law have been bad news for defendants. The FTSA is significantly more restrictive than the TCPA because it contains an overly broad definition of “autodialer” that looks at any system that either automatically dials or selects phone numbers to be dialed; unlike the TCPA, no random or sequential number generator needs to be used.

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Wyndham Status Match: What You Need to Know

Nerd Wallet

Many travelers understand how hotel elite status can help improve their stay. Bonus points, potential room upgrades and other welcome amenities make the experience that much better. If you don’t already have status with a brand where you have an upcoming trip, it may be worth considering a status match to that hotel’s loyalty program. Ramsey Qubein writes for NerdWallet.

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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.

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Schumer urges FTC and DOJ to increase protections against cybersecurity hacks

Collection Industry News

Aaron Pellish , October 2, 2022. Senate Majority Leader Chuck Schumer on Sunday urged federal officials to increase their efforts to protect consumers from cybersecurity breaches and investigate those responsible for such hacks. “I am calling on the Federal Trade Commission, first, to ensure that companies do everything they can to protect consumer data, and on the Department of Justice to fully investigate and go after the hackers that aim to harm Americans,” Schumer, a New York Democrat, said

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Can’t Qualify for a Personal Loan? 4 Alternatives to Try

Nerd Wallet

Personal loans provide fast, unsecured funds that can pay for anything from home repairs to medical emergencies. Instead of requiring collateral like a house or car, many lenders prefer applicants with strong credit and high incomes. But what if you don’t meet a lender’s requirements? People who don’t qualify for a personal loan have alternatives. Annie Millerbernd writes for NerdWallet.

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The Credit Research Foundation Releases Q3 Perspective

AGA

The Q3 edition of our newsletter, Perspective by CRF, was released today! It’s full of great articles on topics such as 503(b)(9), credit card surcharging, AR automation, the new guide to remittance information and a brief overview from our Compensation and Roles/Responsibilities survey. Check your inbox or find it online>> [link] The post The Credit Research Foundation Releases Q3 Perspective first appeared on AGA Business Debt Collection.

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Best-Performing Real Estate ETFs for October 2022

Nerd Wallet

Why invest in real estate ETFs? Real estate ETFs have several benefits: They offer diversification, liquidity, income potential and may serve as a hedge against inflation and stock market volatility. Real estate is well known as a path to increasing wealth, and real estate ETFs make it easier to get into the sector than buying. Alana Benson writes for NerdWallet.

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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.

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Mike Frost and Chad Echols Form New Law Firm

Account Recovery

Mike Frost, formerly the Managing Partner at Malone Frost Martin PLLC (MFM), and Chad Echols, owner of The Echols Firm, LLC have joined forces creating a new firm, Frost Echols LLC. This boutique law firm, with a nationwide presence will open October 1, 2022. Frost and Echols, with a strong team of attorneys, will continue … The post Mike Frost and Chad Echols Form New Law Firm appeared first on AccountsRecovery.net.

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Is the New Marriott Bonvoy Bountiful Card Worth Its Annual Fee?

Nerd Wallet

Marriott has added two new co-branded cards to its lineup: the Marriott Bonvoy Bountiful™ Card from Chase and the Marriott Bonvoy Bevy™ American Express Card. Both cards have the same annual fee of $250, so no matter which issuer you prefer — American Express or Chase — you’ll still have to weigh the same benefits. Meghan Coyle writes for NerdWallet.

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State might tax canceled student loan debt

Collection Industry News

Jeff Della Rosa, September 29, 2022. Arkansas is one of seven states in which canceled student loan debt may be treated as taxable income, but whether it is, student loan forgiveness is expected to create a tax burden shift from the borrowers. Recently, President Joe Biden announced plans to cancel up to $20,000 in student loan debt, depending on borrowers’ income.

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Biden’s $10,000 student-debt cancelation is a game-changer for borrowers’ wallets — but what happens to their credit scores?

Collection Industry News

Andrew Keshner, Sept. 29, 2022. At a time of record-high borrowing costs and rising prices, people need all the help they can get from their credit scores. Some people might get a surprise boost — if they have student loans poised for forgiveness under President Joe Biden’s executive order wiping away federal student-loan debts up to $10,000 and, in some cases, $20,000.

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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!

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5th Circuit ruling on Texas social media law has tech companies thinking

Collection Industry News

Elizabeth Dwoskin, October 1, 2022. At some point in the future, Texans who visit social media sites might be greeted with a pop-up screen saying something like: “The content you are about to see contains graphic violence, white supremacist imagery and other objectionable material. If you don’t want to be exposed, click here.”. The pop-up is among a slew of options companies are weighing in response to a Texas social media law that was upheld by the U.S.

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Fifth Circuit: District Court Improperly Referred Bankruptcy Appeal To Magistrate Judge For Final Determination

Collection Industry News

Jane Rue Wittstein, September 30, 2022. Federal district courts, with the consent of the parties, are authorized by statute to refer “civil matter[s]” to magistrate judges for the purpose of conducting all proceedings and entering a judgment in the litigation. In the case of an appeal to a district court from a bankruptcy court, however, this statutory authority arguably conflicts with another statutory provision dictating that appeals from a bankruptcy court order or judgment be heard by a “dis