Account Recovery

OCTOBER 26, 2021

JUDGE DENIES DEFENDANT’S MOTION IN FDCPA BANKRUPTCY CASE A District Court judge in Florida has denied a defendant’s motion for judgment on the pleadings in a Fair Debt Collection Practices Act case for allegedly disregarded cease-and-desist letters sent by an individual after receiving text messages and collection letters from the defendant while the individual had … The post Daily Digest – October 26.

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Creditors Fair Debt Collection Collections Bankruptcy 246

Burr Forman

OCTOBER 26, 2021

On October 25, 2021, the Equal Employment Opportunity Commission (“EEOC”) issued new guidance regarding religious objections to workplace COVID-19 vaccination requirements. The new guidance is included in the EEOC’s larger guidance document, What You Should Know About COVID-19 and the ADA, Rehabilitation Act, and Other EEO Laws. These questions and answers collect and expand upon pre-pandemic guidance to help employers navigate issues related to COVID-19 vaccination and the interaction with fede

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Account Recovery

OCTOBER 26, 2021

The Connecticut Department of Banking has reached a settlement with a creditor that was using a different name under which to collect unpaid debts for not having a collection license that will see the company pay a fine of $10,000 and stop collecting debts in the state unless it is using the “true name of … The post Creditor Fined $10k For Collecting Debts Using Different Name appeared first on AccountsRecovery.net.

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Creditors Collections Banks 246

Nerd Wallet

OCTOBER 26, 2021

Big-name companies are jumping on the Bitcoin bandwagon, allowing customers to pay with the cryptocurrency. Overstock, Dish Network and AT&T offer customers the option to pay with Bitcoin. PayPal added a “check out with crypto” option in March that lets users to pay with Bitcoin, Litecoin, Ethereum and Bitcoin Cash at merchants that use PayPal. Kelsey Sheehy writes for NerdWallet.

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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 26, 2021

A District Court judge in Florida has denied a defendant’s motion for judgment on the pleadings in a Fair Debt Collection Practices Act case for allegedly disregarded cease-and-desist letters sent by an individual after receiving text messages and collection letters from the defendant while the individual had a pending bankruptcy petition. A copy of the … The post Judge Denies Defendant’s Motion in FDCPA Bankruptcy Case appeared first on AccountsRecovery.net.

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Bankruptcy Fair Debt Collection Judgment Collections 244

PDC Flow

OCTOBER 26, 2021

Legal professionals for the ARM industry, like Leslie Bender and Joann Needleman of Clark Hill Law , have been addressing Regulation F implementation challenges since the rule was proposed. Since then, they have continued to be a guiding voice for debt collectors throughout the rulemaking process. Recently, they sat down with PDCflow’s Sales & Marketing Manager Dawn Updike to discuss one of the most asked about portions of the rule – the Validation Notice.

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Debt collector Creditors Collections Fair Debt Collection 85

Nerd Wallet

OCTOBER 26, 2021

There are 10.4 million job openings in the United States and just 7.7 million unemployed people in the workforce. The imbalance is creating opportunities for career advancement across industries and giving workers cause to dust off their resumes. The deluge of job openings across industries — from real estate to restaurants — is motivating employers.

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Foster Swift

OCTOBER 26, 2021

A statute must be interpreted and enforced as written, regardless, according to the U.S. Court of Appeals for the Sixth Circuit, “of whether a court likes the results of that application in a particular case.” That legal maxim guided the Sixth Circuit’s reasoning in a recent decision [1] in a case involving a Chapter 13 debtor’s repeated filings and requests for dismissal of his bankruptcy cases in order to avoid foreclosure of his home.

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Nerd Wallet

OCTOBER 26, 2021

Once novel, now standard: Robo-advisors have cemented their place in the investment management landscape. Many old-hat brokers now have an online advice arm, including Vanguard, Charles Schwab, Fidelity and E-Trade. Independent offerings like Betterment and Wealthfront have been lapping up assets. These companies are bringing financial advice to the masses by charging rock-bottom management fees.

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Collections

Fico Collections

OCTOBER 26, 2021

5 Ways Credit Unions Can Be More Resilient with AI and Analytics. Joe Zeibert. Tue, 10/26/2021 - 10:24. Credit unions are sitting on a lot of risk right now. As federal stimulus programs are ending, delinquencies and charge-offs are expected to rise in the months ahead. This COVID pandemic aftershock is about to hit the financial services industry, which means that credit unions need to pay close attention to their capital, asset quality, earnings, and liquidity.

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Credit Unions Credit Unions Financial Institution Banks 52

Nerd Wallet

OCTOBER 26, 2021

Citizens Bank is no longer originating personal loans, though it still services its existing loans, according to a company spokesperson. Previously, Citizens Bank offered personal loans ranging from $5,000 to $50,000 for borrowers with good credit. These loans included a discount for setting up autopay, and the option to add a co-signer to your application.

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NCBA Law Practice Management Blog

OCTOBER 26, 2021

Despite the way that attorneys often act, the law firm timeline is not a direct one, from open to close. There are bumps along the way, and also phases. In modern video games, wayfinder beacons guide players to a final destination. Each segment makes up a whole journey. Law firms operate in the same way. (As does the movie ‘ Moana ’.) And, by the way, your law firm is always moving forward; it has to be , it’s like a shark – because, the opposite of growth, is stagnation.

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Nerd Wallet

OCTOBER 26, 2021

As you’re looking to invest, you’ll come across two major types of funds: mutual funds and exchange-traded funds. What are they and which is better? ETFs and mutual funds both pool investor money into a collection of securities, allowing investors to diversify without having to purchase and manage individual assets. But ETFs are the darlings. Arielle O'Shea writes for NerdWallet.

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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

Jimerson Firm

OCTOBER 26, 2021

A successful ransomware attack can cost a business hundreds of thousands of dollars or more in cash, plus weeks of lost productivity and temporary or permanent loss of records, information, and long-term customer trust. Companies of all sizes – even those with good IT services – have become victims, and these crimes are increasing every single day, leading business leaders to wonder what more can be done to protect their businesses.

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Nerd Wallet

OCTOBER 26, 2021

In the past few years, several U.S. airlines have been retooling, revamping or just plain re-creating loyalty programs. The newest one to do so is the budget airline Allegiant Airlines with its new Allways Rewards program, which launched in August. What’s Allways all about and how does it work? Let’s find out. Earning Allways Rewards. Alisha McDarris writes for NerdWallet.

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Account Recovery

OCTOBER 26, 2021

After seeing Democrats introduce legislation in both the House of Representatives and the Senate designed to protect and compensate individuals who come forward and report instances of wrongdoing in the financial services industry to the Consumer Financial Protection Bureau, a Republican has introduced his own bill that aims to protect and compensate employees at the … The post Bill Introduced to Create Whistleblower Program at CFPB appeared first on AccountsRecovery.net.

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Financial services 240

Nerd Wallet

OCTOBER 26, 2021

The robo-advisor industry was pioneered by Betterment and Wealthfront, and while the companies started out with very similar models, they’ve slowly made changes to differentiate themselves. 2021 comparison: Betterment vs. Wealthfront The biggest deciding factor between these two robo-advisors: If you want to work with a human, you’ll find that option only at Betterment.

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Collections

Nerd Wallet

OCTOBER 26, 2021

You’ve researched a few different financing options and settled on a personal loan, but your work isn’t done yet. The next step is to decide which lender can make you the best offer. Affordability should be a top priority: If one lender offers a standout annual percentage rate, that’s probably the best option. But when. Annie Millerbernd writes for NerdWallet.

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Nerd Wallet

OCTOBER 26, 2021

Robo-advisors are online investment advisors that manages your money via computer algorithm. These services select investments (most commonly exchange-traded funds), rebalance your portfolio automatically, and look for tax-loss harvesting opportunities as needed. But long before robo-advisors appeared on the scene there was the target-date fund, a mutual fund designed to age along with you.

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