Account Recovery
SEPTEMBER 1, 2020
The Attorney General of Massachusetts yesterday announced a lawsuit against Credit Acceptance Corp., a subprime auto lender, for knowingly originating loans to individuals even though it knew they would be unable to repay them, and then said the lender “harassed” those individuals by calling them as many as eight times a day in attempting to … The post Mass.
Nexa Collect
SEPTEMBER 1, 2020
You have tried to recover overdue receivables from patients using reminder calls and sending invoices. But you are skeptical about sending accounts for collections, fearing a potential loss of reputation or hoping that your patient will magically pay you without the involvement of a 3rd party collector. . After overcoming your reluctance, you eventually decide to send past-due accounts for collections.
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Account Recovery
SEPTEMBER 1, 2020
MASS. AG SUES AUTO LENDER FOR VIOLATING STATE COLLECTION CALL LIMITS, AMONG OTHER VIOLATIONS The Attorney General of Massachusetts yesterday announced a lawsuit against Credit Acceptance Corp., a subprime auto lender, for knowingly originating loans to individuals even though it knew they would be unable to repay them, and then said the lender “harassed” those … The post Daily Digest – September 1.
Nerd Wallet
SEPTEMBER 1, 2020
Over a period of about 24 hours, it got drastically better to be a U.S. airline traveler. First, United Airlines sent shockwaves through the travel community by announcing that it was eliminating change and same-day standby fees for all travelers. The next day, both Delta and American Airlines responded by also announcing new change and. JT Genter is a writer at NerdWallet.
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
SEPTEMBER 1, 2020
There was an overall drop in delinquency rates among mortgages, credit cards, auto loans, and student loans during the first few months of the coronavirus pandemic, according to data released yesterday by the Consumer Financial Protection Bureau, which also indicated that individuals were not using their credit cards to keep themselves financially afloat.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
SEPTEMBER 1, 2020
The California legislature yesterday passed a bill that will create its own version of the Consumer Financial Protection Bureau, and Gov. Gavin Newsom — who spearheaded the initiative — has indicated he plans to sign the bill into law. The bill — AB 1864 — will create the Department of Financial Protection and Innovation includes … The post California Legislature Approves State CFPB appeared first on AccountsRecovery.net.
Nerd Wallet
SEPTEMBER 1, 2020
Navy Federal is tweaking introductory offers on two of its credit cards. The Navy Federal Credit Union® cashRewards Credit Card is getting a small boost in value, while the Navy Federal Credit Union® More Rewards American Express® Credit Card is trimming its offering slightly. Through the end of October 2020, new cardholders are eligible to. Melissa Lambarena is a writer at NerdWallet.
Account Recovery
SEPTEMBER 1, 2020
September 1, 2020, SANTA CLARA COUNTY, CA – The County of Santa Clara, known as “Silicon Valley,” the birthplace of the high technology revolution, selects CSS IMPACT Financial Debt Collections Cloud Ecosystem “HD 2.0 | COLLECTIONS” & “HD 2.0 | Ai” (Digital Consumer Engagement Artificial Intelligence Suite) as their “NextGen” Tax Information Collections Platform.
Nerd Wallet
SEPTEMBER 1, 2020
Rising prices and plummeting listings — not to mention a global pandemic, record unemployment and recession — didn’t keep first-time home buyers from the market in the second quarter of 2020. Ordinarily, in April, as the second quarter of the year begins, homebuying season is well underway, and inventory and prices are both rising toward. Elizabeth Renter is a writer at NerdWallet.
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PBWT
SEPTEMBER 1, 2020
“Unfair discrimination is rough justice. It exemplifies the Code’s tendency to replace stringent requirements with more flexible tests that increase the likelihood that a plan can be negotiated and confirmed,” announced Judge Thomas Ambro of the United States Court of Appeals for the Third Circuit on August 26, 2020. [1] Though limited to an explication of Section 1129(b)(1)’s prohibition on unfair discrimination against a class of dissenting creditors, Judge Ambro’
Consumer Finance
SEPTEMBER 1, 2020
The Consumer Financial Protection Bureau issued a consent order against Accelerate Mortgage, LLC (Accelerate), a Delaware limited liability corporation that is licensed as a mortgage broker and lender in about 31 states.
Nerd Wallet
SEPTEMBER 1, 2020
The Bank of America® Premium Rewards® credit card offers excellent opportunities to earn valuable rewards on everyday spending. Its generous definition of travel spending means more opportunities to earn 2x points on travel purchases. Plus, the $95-annual-fee card offers lucrative travel credits, a nice range of travel and purchase protections, and extra earnings for members.
NCBA Law Practice Management Blog
SEPTEMBER 1, 2020
The ongoing pandemic has been rough on everyone, in multiple aspects of life, from the personal to the professional. Lawyers are particularly hard-hit by isolation in even the best of times, and suffer higher incidences of depression tha n the general population. This is especially an issue for solo attorneys. During this time, things are even tougher.
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?
Troutman Sanders
SEPTEMBER 1, 2020
The California Consumer Privacy Act of 2018 (CCPA) went into effect January 1, 2020. While the CCPA was amended in October of 2019 to exempt certain employment and personal information involved in business-to-business (B2B) communications and transactions, those limited exemptions were set to expire on January 1, 2021. Although, the California Privacy Rights Act (CPRA or “CCPA 2.0”) , which is on the November 3, 2020, state-wide general ballot, would extend the exemptions for employment and B2B
Burr Forman
SEPTEMBER 1, 2020
Episode 8 of the Take 5 Immigration Podcast Series provides updates on two issues we have discussed before. The first issue is land boarder crossings between U.S.-Canada and U.S.-Mexico, and the second issue is an update regarding the U.S. Department of State providing clarification on visa entry ban (H, L, and J visas). The podcast is hosted by Burr partner Melissa Azallion , from the firm’s Hilton Head office.
TCPA
SEPTEMBER 1, 2020
The Eastern District of Pennsylvania recently dismissed a serial TCPA plaintiff’s complaint sua sponte because the court concluded that it did not have personal jurisdiction over the defendant. Perrong v. REWeb Real Estate, LLC, No.
Nerd Wallet
SEPTEMBER 1, 2020
The stock market this year has strapped investors onto a roller-coaster ride filled with stomach-heaving drops and exhilarating highs. In spring, fears surrounding the coronavirus helped send the benchmark S&P 500 on a 34% drop from its prior peak. Since then, there have been a number of single-day-record point losses and gains, and in August, Kevin Voigt is a writer at NerdWallet.
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