Mon.May 17, 2021

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Medical Billing Platform Acquires Insurance Startup for $425M

Account Recovery

Cedar, a startup created to help modernize the healthcare billing and collection process, which has valued at more than $3 billion, is now setting its sights on the insurance side of the transaction, after it was announced that the company is spending $425 million to purchase OODA Health. By putting providers and payers — either … The post Medical Billing Platform Acquires Insurance Startup for $425M appeared first on AccountsRecovery.net.

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Can My Stimulus Check Be Garnished for Credit Card Debt?

Credit Corp

The American Rescue Plan Act is a federal law that was passed to help provide a third round of relief to Americans during the COVID-19 crisis. Like the two acts before it, the ARP Act included stimulus payments to many individuals and families. But those who are struggling with debt might wonder: Can my stimulus check be garnished for credit card debt or other money owed.

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Ninth Circuit Denies En Banc Petition in CFPB Case Against Seila Law

Account Recovery

The Court of Appeals for the Ninth Circuit on Friday denied a petition from one of its own judges to hold an en banc rehearing of the case of CFPB v. Seila Law, arguing that while David may have slayed the giant before the Supreme Court, the Ninth Circuit has determined that “Goliath still wins.” … The post Ninth Circuit Denies En Banc Petition in CFPB Case Against Seila Law appeared first on AccountsRecovery.net.

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Dropshipping Business Ideas for 2021

Nerd Wallet

When starting a business, there are a lot of factors to consider. Among them, how you will source the products you’ll sell. If you won’t be making them yourself, you’ll need to decide who will supply them, how you’ll obtain them, and more. One popular method, for ecommerce businesses in particular, is dropshipping. In fact, Matthew Speiser writes for NerdWallet.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

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.

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Daily Digest – May 17. Seventh Circuit Attacks Standing Again; Ninth Circuit Denies En Banc Petition in CFPB Case

Account Recovery

SEVENTH CIRCUIT ATTACKS STANDING AGAIN, BUT JUDGES NOW WONDERING IF COURT WENT TOO FAR The Court of Appeals for the Seventh Circuit has weighed in on standing in yet another case, this time affirming a lower court’s dismissal of a Fair Debt Collection Practices Act lawsuit against a collector, but, for the first time, judges … The post Daily Digest – May 17.

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Compliance Digest – May 17

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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How to Plan an Eco-Friendly Remodel Without Overspending

Nerd Wallet

When Cliff and Karen Tyllick set out to install solar panels on their Austin, Texas, home in 2012, their goal was to reduce their carbon footprint. The fact that they also saved thousands of dollars upfront and lowered their bills was a nice bonus. Solar panel installation can cost $15,000 to $25,000 or more. For. Annie Millerbernd writes for NerdWallet.

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Seventh Circuit Attacks Standing Again, but Judges Now Wondering if The Court Went Too Far

Account Recovery

The Court of Appeals for the Seventh Circuit has weighed in on standing in yet another case, this time affirming a lower court’s dismissal of a Fair Debt Collection Practices Act lawsuit against a collector, but, for the first time, judges within the Seventh Circuit are showing signs that maybe the Court has overstepped in … The post Seventh Circuit Attacks Standing Again, but Judges Now Wondering if The Court Went Too Far appeared first on AccountsRecovery.net.

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Scam Alert: Be Skeptical of That ‘Emergency’

Nerd Wallet

I hadn’t heard of the grandparent scam when my father called me a few years ago to report that my son was in jail, out of state. My dad had been asked to wire bail money and not tell me. Dad was all but unshakable in his belief that he had actually talked to my. Bev O'Shea writes for NerdWallet. Email: boshea@nerdwallet.com. Twitter: @BeverlyOShea. The article Scam Alert: Be Skeptical of That ‘Emergency’ originally appeared on NerdWallet.

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When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

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.

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Establishing Standing in a Foreclosure Proceeding

Jimerson Firm

In order to maintain a foreclosure action against a borrower, lenders must ensure they can establish “standing”. Standing is a fundamental requirement for a foreclosure, as lenders who desire to initiate a foreclosure proceeding are required to have standing. Possession of the promissory note establishing proof of liability was always required to establish standing.

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Seller’s Disclosure: What Home Sellers Must Reveal

Nerd Wallet

A seller’s disclosure brings transparency to a real estate transaction and can protect both buyers and sellers. In the disclosure, a seller provides written information about known issues that could hurt the property’s value, such as termite damage, improper drainage or a leaky roof, as well as details like homeowners association fees and restrictions.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. We regularly update this site with COVID-19 news and developments, recommendations from leading health organizations, and tools that businesses can use free of charge.

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The Points Collector’s Guide to TAP Portugal

Nerd Wallet

TAP Air Portugal is the flag carrier airline of Portugal with a hub in the capital of Lisbon. TAP is a member of the Star Alliance and services several U.S. cities, which allows for connections via Lisbon to the rest of Europe, Africa and beyond. This guide to TAP Portugal will cover the details of. Dan Miller writes for NerdWallet. Email: travel@nerdwallet.com.

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ERM Program Fundamentals for Success in the Banking Industry

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?

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Please Join Us for the CDIA Virtual Law & Industry Conference from July 12 – 14, 2021

Troutman Sanders

We are please to announce that Troutman Pepper attorney, David Anthony , will present during the CDIA 2021 Virtual Law & Industry Conference. This year’s conference will be comprised of insightful, interactive sessions exploring the future of consumer reporting amid shifts in leadership at the CFPB and FTC, evolving privacy regulations, and the impact of COVID-19 throughout the consumer reporting industry.

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6 Profitable Small Farm Ideas for 2021

Nerd Wallet

Running and maintaining a profitable small farm isn’t easy. Sure, you get to be your own boss and set your own hours (at least in theory), but this usually translates into meeting the demands of buyers and handling fluctuating market conditions—all while waking up early and going to bed late. In other words, your life. Christine Aebischer writes for NerdWallet.

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April Mason Appointed Office Managing Partner in Birmingham

Burr Forman

Burr & Forman LLP announces the appointment of April Mason as the new office managing partner of the firm’s Birmingham location, which is the largest of the firm’s 19 offices with nearly 130 attorneys. She succeeds Gary M. London in this role, who has served in this role for the past eight years. “April is an accomplished attorney whose commitment to excellence and service, both for clients and in the community, have earned her the immense respect of her colleagues,” said Ed Christian , Chie

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Smart Money Podcast: Big Purchases and Overcoming Money Guilt

Nerd Wallet

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion about how to use credit cards to cover big purchases. Then we pivot to this week’s question from Gray in the Bay Area. Here’s their question: “How do I talk to my friends about how proud. Liz Weston writes for NerdWallet.

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You Put in a Full Work Week. Shouldn’t Your Collections Software Do the Same?

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.

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Get the most out of your debtor management with CreditManager

On Guard

In order for your company to grow, automation and digital transformation are key. Especially in debtor management, there is a lot to gain by having a complete overview of your debtors and financial processes. This will help your finance department in reducing the volume of late payments, decreasing DSO and thereby increasing your working capital while maintaining strong customer relationships.

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Interested in Sustainable Investing? Look Outside Your 401(k)

Nerd Wallet

This article provides information and education for investors. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. Investing in a greener planet and more equitable society sounds good on paper, but what does it mean in practice? Historically, adding sustainable investments.

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Pros and Cons of Income-Driven Student Loan Repayment Plans

Credit Corp

Student loans are by far some of the biggest issues most students are facing today when it comes to finances. To get the kind of education you want, you will probably need to take out a student loan to pay for the studies – and then spend years if not decades paying back such loans. What could be even worse is having to pay more every month than you can actually afford to pay back.

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9 Signs You’re Ready to Become an Entrepreneur (Plus One Sign You’re Not)

Nerd Wallet

If you’re thinking about starting a business, you’re definitely not alone. About 540,000 people start businesses in the U.S. every month, according to the Kauffman Index of Startup Activity. But not all of those businesses will last. Almost 80% of new businesses survive the first year, according to the U.S. Bureau of Labor Statistics. About. Rieva Lesonsky writes for NerdWallet.

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The Power of Storytelling in Risk Management

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.

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Can Higher Education Institutions Make COVID-19 Vaccinations Mandatory for Students?

Fraser

On April 23, 2021, the University of Michigan announced that all students who choose to live on its Ann Arbor campus during the 2021 fall term will be required to be fully vaccinated for COVID-19. It’s not the first university to make such a pronouncement, and almost certainly will not be the last, which raises an interesting question: Can higher education institutions legally mandate vaccinations?

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10 Cleaning Franchise Opportunities for 2021

Nerd Wallet

Buying a cleaning franchise may not seem like the most glamorous business venture ever, but the best franchise opportunities provide aspiring entrepreneurs entry into a promising industry. The cleaning industry saw a predictable downturn during the 2009 recession, but it’s since recovered in full force: In 2015, the industry gained $51 billion in revenue.

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Tools for Efficient and Cost-Effective Debt Recovery

Micro Bilt

This is a high amount, and large debt averages like these make it increasingly challenging for businesses to carry out effective debt recovery.

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Joint Accounts at Major Banks: Chase, Bank of America, Wells Fargo and Capital One

Nerd Wallet

Not all banks offer joint accounts, but many do, including a number of major financial institutions in the United States. That list includes Chase, Bank of America, Wells Fargo and Capital One. Most joint accounts function similarly by giving co-owners the ability to withdraw and deposit cash, make transactions or earn interest on savings, depending.

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How to Attract Multiple Generations to Open New Accounts and Apply for Loans

The experiences of every generation are characterized by their behaviors involving finances. Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers. This entertaining and informative eBook will help your financial institution uncover the best practices when it comes to appealing to mass audiences.