Account Recovery

MAY 5, 2021

Notifying an individual in a collection letter than not paying a debt may have a negative effect on that person’s credit score does not rise to the level of violating the Fair Debt Collection Practices Act, according to a District Court judge in Michigan, especially when the individual’s alleged emotional injury is self-inflicted because she … The post Judge Grants MTD in FDCPA Case Over Credit Reporting Statement in Letter appeared first on AccountsRecovery.net.

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Fair Debt Collection Collections 246

Nerd Wallet

MAY 5, 2021

The COVID-19 pandemic changed the way the world works, eats, communicates and, yes, how it travels. Over the course of the last year, we’ve seen a myriad of changes in the travel industry, from in-flight meal service adjustments to the outright banning of travel to certain regions, and everything in between. Even as the vaccine. Elina Geller writes for NerdWallet.

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Account Recovery

MAY 5, 2021

A hospital in New Jersey is the latest to be spotlighted for filing lawsuits during the COVID-19 pandemic seeking to recover unpaid debts from patients. But unlike other hospitals that have been accused of filing hundreds or thousands of lawsuits and being overly aggressive, Trinitas Medical Center — one of the largest nonprofit hospitals in … The post N.J.

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Healthcare Collections 246

Nerd Wallet

MAY 5, 2021

Whether you’re just starting a business or are a veteran entrepreneur, startup books are one of the many ways to get inspiration and to stay motivated. If you think you’re in over your head, or are just plain curious about what others have been through, startup books are a great resource full of entrepreneur advice, Sally Lauckner writes for NerdWallet.

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Startups 124

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

MAY 5, 2021

The Consumer Financial Protection Bureau is being sued over an interim final rule it issued saying that collectors may face prosecution under the Fair Debt Collection Practices Act for not providing written notices to individuals being evicted, with plaintiffs claiming their First Amendment rights under the Constitution are being violated because they are being required … The post CFPB Sued Over FDCPA Eviction Rule appeared first on AccountsRecovery.net.

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Fair Debt Collection Collections 246

Account Recovery

MAY 5, 2021

Condition codes can be tricky when credit reporting. Changing a code when an investigation is complete is not always as simple as it sounds. In the latest episode of “Ask The Credit Reporting Expert,” Lauren Burnette of Messer Strickler walks through some of the variables that come into play when a furnisher is thinking about … The post Video: Answering More Questions About Credit Reporting appeared first on AccountsRecovery.net.

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Nerd Wallet

MAY 5, 2021

If you’re looking to start a business, then working with drones might be an exciting business venture to consider. After all, drone sales are expected to surpass $12 million in 2021. These unmanned aerial vehicles are attracting more consumers with their striking features, including high-quality cameras that capture pictures and video, built-in GPS, auto-pilot functions, flight.

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Account Recovery

MAY 5, 2021

VIDEO: ANSWERING MORE QUESTIONS ABOUT CREDIT REPORTING Condition codes can be tricky when credit reporting. Changing a code when an investigation is complete is not always as simple as it sounds. In the latest episode of “Ask The Credit Reporting Expert,” Lauren Burnette of Messer Strickler walks through some of the variables that come into … The post Daily Digest – May 5.

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Nerd Wallet

MAY 5, 2021

Starting a fitness business is a heavy lift (pun intended). But it can also be a very rewarding industry to work in. You are helping people accomplish their fitness goals, and in turn, helping them to live healthier lives. If you’re looking to start a business with lucrative potential, this is a great industry to. Vivian Giang writes for NerdWallet.

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Collections

Jimerson Firm

MAY 5, 2021

Small businesses have relied on government assistance, including Paycheck Protection Program (“PPP”) loans and Economic Injury Disaster Loans (“EIDL”) to survive the COVID-19 pandemic’s economic fallout; however, even with such help, many small businesses are facing the prospect of closing their doors with outstanding government loans and other obligations.

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Nerd Wallet

MAY 5, 2021

One of the many concerns that people face when weighing the options for starting their own business is the fact that their business might fail. While there are many factors that can cause a business to fail, some of the major concerns are simply that the demand isn’t there or the business model isn’t sustainable. Sally Lauckner writes for NerdWallet.

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Sawin & Shea

MAY 5, 2021

Anyone on social media is bound to have seen numerous posts or crowdfunding pleas from friends or friends of friends who are faced with insurmountable medical debts. In fact, 8 million people have started a campaign for themselves or for a family member, and 12 million people have started a campaign for a friend or acquaintance. This is just the tip of the iceberg.

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Chapter 13 bankruptcy Bankruptcy Unsecured Debt Student loans 98

Nerd Wallet

MAY 5, 2021

If you think there isn’t a day better spent than one baking up a storm in the kitchen, then opening a cupcake business may be the right path for you. While starting a business isn’t the easiest or quickest process, it can be one of the most rewarding. If you think this is a path you. Jacqueline DeMarco writes for NerdWallet. Email: wpguestuser+jdemarco@nerdwallet.com.

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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

Credit Corp

MAY 5, 2021

Financing a rental property has its share of challenges. but it’s worth the effort if you find the right one to invest in. Investing in a rental property is an ideal way to create an abundant income source and turn it into a rewarding venture. Once you own a property, renting out a room would be a great way to start the inflow of cash into your business.

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Lender Loans Credit Unions Credit Unions 106

Nerd Wallet

MAY 5, 2021

The SoFi Credit Card has introduced one more way to redeem your cash-back rewards: as cryptocurrency. In adding this capability, the card pulls ahead of both the forthcoming Gemini Credit Card and BlockFi Bitcoin Rewards credit card, both of which have a waitlist for now. » MORE: What is cryptocurrency? Here’s what you should know The $0-annual-fee.

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Burr Forman

MAY 5, 2021

A sea change is rapidly approaching for collegiate student athletes, and Alabama is at the change’s forefront. On April 20, 2021, after the Alabama Senate had unanimously passed House Bill 404, Alabama Governor Kay Ivey signed the Bill into law (the “ Act ”). The Act allows collegiate student athletes to receive compensation for their names, images, and likenesses (“ NIL ”) while participating in intercollegiate sports. 1.

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Education Government Retail Lawyers 75

Nerd Wallet

MAY 5, 2021

Lightspeed Retail is a point-of-sale system for brick-and-mortar retailers, providing both the software and hardware a business owner needs to run transactions. The system is cloud-hosted and browser-based, meaning your information is stored on Lightspeed’s servers and transferred to your platform via the cloud. Lightspeed Retail is a good match for medium and large-sized businesses —.

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Retail 88

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Collections

Troutman Sanders

MAY 5, 2021

In Shepherd v. Debt Recovery Sols. of Ohio, Inc. , No. 3:20-cv-520 (N.D. Ohio Apr. 22, 2021), the court dismissed a putative class action alleging violations of the Fair Debt Collections Practices Act, finding that the named plaintiff had not suffered a concrete injury, and therefore, he lacked standing to assert a claim. The plaintiff, Jared Shepherd, alleged that a debt collection letter he received from the defendant was misleading and attempted to collect an amount that was not authorized by

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Fair Debt Collection Debt Recovery Collections 52

Nerd Wallet

MAY 5, 2021

Few cities in the world offer the 24-hour action that Las Vegas does. Even if you don’t gamble, the city is awash in shows, restaurants, pools and, frankly, almost anything else you can think of. And booking your Las Vegas trip with points and miles is as easy as losing quarters in the slot machines. Michael Friedman writes for NerdWallet. Email: travel@nerdwallet.com.

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On Guard

MAY 5, 2021

Opportunities, recommendations, and tools for practice. Fresh innovation is necessary, and Intelligent Automation could hold the key. For finance professionals, the number of manual, inefficient and time-consuming processes is always high on the list of frustrations. Repetitive tasks are a burden, taking up precious time and energy, especially when workloads are heavy.

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Nerd Wallet

MAY 5, 2021

If payroll software simply isn’t in your budget, Payroll4Free offers all the services you’ll need to ensure your employees are paid on time and that you stay compliant with tax laws. While this free option won’t offer access to features like mobile payroll management and multiple employee rate management, it could be a great solution. Courtney Johnston writes for NerdWallet.

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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.

Payment Savvy

MAY 5, 2021

Most people think that payment processing for law firms is a simple and straightforward process. However, it is a complex procedure that is governed by strict regulations. Payments received must be deposited to a trust account. A trust account is a bank account used to receive payments received by clients or debtors. It is mandatory to have an established trust fund account, so client payments are not comingled with everyday operating expenses.

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Law Firms Lawyers Debtor Banks 52

Nerd Wallet

MAY 5, 2021

There’s a lot to like about Texas. The abundance of tacos, for one. But perhaps more important is the state’s staunch support of its business community. Starting a business in Texas has the advantage of the nation’s second-largest population and a number of fast-growing metropolitan areas. Texas’ support for small business, in particular, is evident.

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Troutman Sanders

MAY 5, 2021

In Uvaldo v. Germain Law Office PLC , an Arizona District Court denied a plaintiff’s motion for partial judgment on the pleadings in a Fair Debt Collection Practices Act case. In its holding, the court emphasized that the expectation that a car purchaser would read a collection letter and know that he/she is a “consumer” subject to the consumer debt listed therein, is not inconsistent with the “least sophisticated debtor” standard.

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Judgment Collections Repossession Fair Debt Collection 52

Nerd Wallet

MAY 5, 2021

As vaccination rates inch upward, Americans are beginning to travel again. More than 10 times as many passengers passed through Transportation Security Administration screenings in the first week of April compared with the same period last year, a sign that some degree of normalcy is returning. And travel this summer could get far busier. “Right. Sam Kemmis writes for NerdWallet.

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Credit Unions