Account Recovery

OCTOBER 3, 2022

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.

Creditors 246

Creditors Fair Debt Collection Original Creditor Collections 246

Debt Recoveries

OCTOBER 3, 2022

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.

Debt Recovery 98

Debt Recovery Debtor Collections 98

Account Recovery

OCTOBER 3, 2022

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.

246

246

Nerd Wallet

OCTOBER 3, 2022

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.

93

93

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

OCTOBER 3, 2022

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.

245

245

Account Recovery

OCTOBER 3, 2022

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.

Student loans 241

Student loans Student Loans Loans Government 241

Nerd Wallet

OCTOBER 3, 2022

October mortgage rates forecast Mortgage interest rates are likely to keep on rising in October. Projecting the trend for mortgage rates this month isn’t particularly tricky, but it doesn’t look like there’ll be any treats, either. While we don’t face the specter of another Federal Reserve meeting until November, the central bankers’ 75-basis-point rate increase.

90

90

Account Recovery

OCTOBER 3, 2022

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.

Student loans 231

Student loans Student Loans Creditors Fair Debt Collection 231

Nerd Wallet

OCTOBER 3, 2022

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.

84

84

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

Consumer Finance

OCTOBER 3, 2022

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

Banks 52

Banks 52

Nerd Wallet

OCTOBER 3, 2022

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.

Banks 79

Banks Education 79

Collection Industry News

OCTOBER 3, 2022

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.

Judgment 40

Judgment Collections 40

Nerd Wallet

OCTOBER 3, 2022

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.

77

77

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

Collection Industry News

OCTOBER 3, 2022

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.

Government 40

Government Collections 40

Nerd Wallet

OCTOBER 3, 2022

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.

Personal loans 76

Personal loans Loans Collateral Lender 76

AGA

OCTOBER 3, 2022

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.

Collections 40

Collections 40

Nerd Wallet

OCTOBER 3, 2022

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.

71

71

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

Account Recovery

OCTOBER 3, 2022

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.

Law Firms 246

Law Firms 246

Nerd Wallet

OCTOBER 3, 2022

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.

69

69

Collection Industry News

OCTOBER 3, 2022

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.

Student loans 40

Student loans Student Loans Loans Education 40

Collection Industry News

OCTOBER 3, 2022

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

Bankruptcy 40

Bankruptcy Judgment Debtor Government 40

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.

Collection Industry News

OCTOBER 3, 2022

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

Trade 40

Trade Government Collections 40

Collection Industry News

OCTOBER 3, 2022

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.

Student loans 40

Student loans Student Loans Loans Lender 40