Fri.Mar 12, 2021

article thumbnail

Judge Grants MTD in FDCPA Case Over Pronoun Usage in Validation Letter

Account Recovery

When it comes to Fair Debt Collection Practices Act lawsuits, there are not many claims that haven’t already been made. Plaintiffs and their lawyers have been attacking the FDCPA for years and had pretty much identified all the different reasons why a debt collector could be sued. So when you come across a ruling — … The post Judge Grants MTD in FDCPA Case Over Pronoun Usage in Validation Letter appeared first on AccountsRecovery.net.

article thumbnail

HR Tech SaaS Companies Are Transforming the HR Industry

Enterprise Recovery

In every business, employees are the most powerful and often, most expensive, resources. Human resources managers are tasked with hiring the best people in the most efficient manner, onboarding them quickly and supporting the overall employment experience within the company. It's quite the challenge to manage all of the paperwork, changing job specifics and the actual human resources.

156
156
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CFPB Rescinds Policy on Identifying Abusive Acts or Practices

Account Recovery

The Consumer Financial Protection Bureau yesterday rescinded restrictions put in place by the previous leadership that established a two-part test to determine whether a company had engaged in abusive acts or practices, saying it intends to “exercise its supervisory and enforcement authority consistent with the full scope of its statutory authority,” which, for companies regulated … The post CFPB Rescinds Policy on Identifying Abusive Acts or Practices appeared first on Account

234
234
article thumbnail

Collection Agencies in Puerto Rico

Nexa Collect

Debt collection agencies in PR include Kinum , TSI , CICA, ILCA and Professional recoveries. Spanish and English-speaking debt collectors are required for Puerto Rico debt collection. Need a Collection Agency in PR? Contact us. ( Local debt collectors ). Debt collection is hard enough in general, but what can you do when your recovery efforts take you to non-contiguous territories of the United States, like Puerto Rico?

article thumbnail

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.

article thumbnail

Daily Digest – March 12. Appeals Court Issues Another Ruling on Standing; Pronoun Game FDCPA Case Gets Dismissed

Account Recovery

SEVENTH CIRCUIT ISSUES ANOTHER RULING ON STANDING; ‘STRESS AND CONFUSION’ NOT ENOUGH TO SUE The Court of Appeals for the Seventh Circuit is back with another ruling on standing to sue in a Fair Debt Collection Practices Act lawsuit, remanding a case back to the District Court for it to be dismissed after a debt … The post Daily Digest – March 12.

More Trending

article thumbnail

41 State AGs Reach Settlement With Breached Collection Agency

Account Recovery

Attorneys general from 41 states have reached a settlement with Retrieval-Masters Credit Bureau, which operated a collection agency under the name of American Medical Collection Agency, stemming from a data breach in 2019 that exposed the personal information of more than 7 million individuals. The company may be liable for as much as $21 million … The post 41 State AGs Reach Settlement With Breached Collection Agency appeared first on AccountsRecovery.net.

article thumbnail

Ready Player Two? How Couples Maximize Their Credit Card Rewards

Nerd Wallet

When Justin and Susana O’Shea moved to South Korea in 2010 to teach English, they got bitten by the travel bug. Eager to plan more trips but wanting to stay within their budget, together they turned to credit card rewards to help subsidize their travel. “We were recent college grads, so we didn’t have much. Erin Hurd writes for NerdWallet. Email: ehurd@nerdwallet.com.

98
article thumbnail

Seventh Circuit Issues Another Ruling on Standing; ‘Stress and Confusion’ Not Enough to Sue

Account Recovery

The Court of Appeals for the Seventh Circuit is back with another ruling on standing to sue in a Fair Debt Collection Practices Act lawsuit, remanding a case back to the District Court for it to be dismissed after a debt collector was sued for sending a letter to an individual who had notified a … The post Seventh Circuit Issues Another Ruling on Standing; ‘Stress and Confusion’ Not Enough to Sue appeared first on AccountsRecovery.net.

article thumbnail

Is Market Timing Everything, or Does Patience Pay Off?

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. One timeworn piece of investing advice is to “buy low, sell high.” Sounds easy, but as a strategy, timing the market — anticipating when. Tiffany Lam-Balfour writes for NerdWallet.

article thumbnail

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.

article thumbnail

New Executive Orders change NJ Covid-19 reopening rules

Price Meese

This is the most-recent information from the Office of the Governor as of March 10, 2021 regarding the current steps to try to slowly reopen the State. This is information is provided as a resource and you may want to check with your local and county officials as well for more specific information as it may apply to you. Stay safe and stay well. New Executive Orders: • Effective Friday, March 19th, the following businesses can increase indoor capacity to 50% (up from 35%). o Restaurants. o Recre

article thumbnail

Best Credit Cards for Food Delivery

Nerd Wallet

These days, ordering in is as much a part of our daily lives as dining out once was. Thankfully, many of the best credit cards for groceries and dining also offer rewards, benefits and discounts that help you get food delivered straight to your door. Here are the best credit cards for food delivery, including a. Funto Omojola writes for NerdWallet. Email: fomojola@nerdwallet.com.

66
article thumbnail

Client Alert: The ARPA Brings COBRA Subsidies Back!

Fraser

The American Rescue Plan Act (“ARPA”) was enacted Thursday, March 11, and will have a major impact on employee health and welfare benefit plans. In part, the ARPA brings back the requirement to provide COBRA subsidies, although this time premiums are 100% subsidized. Background. Do you recall back in 2009 when a percentage of COBRA premiums were reimbursed by the government?

Lawyers 46
article thumbnail

The Card by Seneca Women: Bonus Rewards at Women-Owned Businesses

Nerd Wallet

A new credit card that rewards spending on women-owned businesses will hit the market in early April 2021, and it may be easier to qualify for than a lot of other rewards credit cards. Image courtesy of Seneca Women The Card by Seneca Women is backed by the Seneca Women leadership and media platform, along. Kimberly Palmer writes for NerdWallet. Email: kpalmer@nerdwallet.com.

64
article thumbnail

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?

article thumbnail

Remember these top tax tips if your debts get cancelled

Roths Child Law

If you’re going to go through bankruptcy or to look for other methods of having debt cancelled, it’s important to know how your taxes are affected by that decision. When a lender cancels any part of your debt, that debt becomes income in most cases. What that means is that you are expected to pay tax on that income, just like you would on income from a job.

article thumbnail

How to Contact American Airlines Customer Service

Nerd Wallet

Contacting customer service for any issue or concern can prove challenging and universally frustrating. Although American Airlines offers various options to resolve customer queries, their specialized customer service structure may be difficult to navigate if you’re not familiar with the system. The customer service department can help with any travel-related topics.

54
article thumbnail

Credit Services Association awarded Cyber Essentials Plus certification

CSA

Credit Services Association (CSA), the only UK trade body for the collections and debt purchase sector, is pleased to announce that we are now ?Cyber Essentials Plus? certified. In 2019, CSA gained Cyber Essentials Basic accreditation, a self-assessed information security standard which is a minimum requirement for bidding for some Government contracts and is required by the Education & Skills Funding Agency for acting as an Approved Apprenticeship Training Provider.

article thumbnail

Clover POS System Review for 2021: Features, Cost, Top Alternatives

Nerd Wallet

The Clover point-of-sale system is a solid and affordable choice for entrepreneurs with restaurants, retail outlets or professional services. Its easy-to-use features and high-quality, versatile hardware can make it simple to add orders or ring up sales efficiently. But it’s not the cheapest option available, and its pricing could be more transparent. » MORE: NerdWallet’s.

Retail 53
article thumbnail

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.

article thumbnail

How to Foreclose on Mortgaged Land in Different Counties

Jimerson Firm

In Florida, foreclosure actions must be brought in the county where the land is located. This is typically referred to as the “local action rule.” However, lenders often wonder where they should file the foreclosure action if the loan is secured by mortgaged land situated in different counties. Luckily, the Florida legislature answered this question by creating Section 702.04 of the Florida Statutes , which created an exception to the local action rule for mortgaged land in different counties.

article thumbnail

Is the Wells Fargo Propel American Express Card Worth It?

Nerd Wallet

The Wells Fargo Propel American Express® card offers more value than you might expect from a credit card with a $0 annual fee. Not only does this credit card earn excellent rewards with every purchase, but it also has some very valuable benefits, including the ability to earn 3 points per dollar spent on a. Dustin Waller writes for NerdWallet. Email: travel@nerdwallet.com.

52
article thumbnail

Time is Running Out to Apply For a PPP Loan

Burr Forman

The second PPP loan program is due to expire March 31, 2021. Many eligible businesses have still not applied. President Biden announced changes to the program on February 22, 2021 making it easier to qualify for a PPP loan now, and particularly for sole proprietors, independent contractors, and self-employed individuals. The PPP loan program still has funds available.

Loans 52
article thumbnail

The Travelers Guide to CBP Preclearance

Nerd Wallet

When entering the U.S. from overseas, travelers must pass through immigration and customs at the airport. However, U.S. Customs and Border Patrol or CBP, has set up “preclearance” points at several international airports in cooperation with local authorities, which allow travelers to complete immigration formalities at the departure airport before their flight.

52
article thumbnail

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.

article thumbnail

What Is WebBank and Are Its Credit Cards Right for You?

Nerd Wallet

WebBank is a financial institution that issues credit cards and other financial products largely for brands that aren’t directly in the banking business. It’s similar to Synchrony Bank or Comenity Bank, issuers behind many co-branded credit cards for retail store chains. WebBank, chartered in 1997 in Utah, is involved in traditional banking business.