Account Recovery

JANUARY 31, 2023

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call … The post Law Firm Facing Reg F, FDCPA Class Action Over Conflicting Info in Email, Letters first appeared on AccountsRecovery.net.

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Law Firms 130

Consumer Finance

JANUARY 31, 2023

Today, the Consumer Financial Protection Bureau (CFPB) proposed a rule to curb excessive credit card late fees that cost American families about $12 billion each year. Major credit card issuers continue to profit off a junk fee protected by an immunity provision that allows issuers to escape scrutiny of otherwise illegal late fees.

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Financial services 120

Account Recovery

JANUARY 31, 2023

The California Department of Financial Protection & Innovation yesterday announced it has sent desist-and-refrain orders to five different collection operations, accusing them of operating in the state without applying for a license and other unlawful and deceptive acts and practices. The five operations are: Amherst and Associates Clayton Banner and Associates SARS Solutions Marvin, McCall … The post California DFPI Announces Enforcement Actions Against Five Collection Operations firs

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Collections 130

PDC Flow

JANUARY 31, 2023

Validating credit card information before a transaction is submitted can eliminate failed payments. To help merchants ensure card data is accurate before a transaction is processed, PDCflow announces the new Card Verify feature. Card Verify Benefits Companies with too many failed credit card payments lose out on revenue and waste staff time contacting customers for alternative card numbers.

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Manufacturing Collections 88

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant or getting "ghosted" if they fail to meet the evolving needs of Gen Z consumers. In this new webinar, Brian Muse-McKenney of Episode Six and Matt Simester of Payments Consultancy Limited will reveal key considerations banks should factor into their efforts to develop target products for the next generation of bank customers.

Banks

Account Recovery

JANUARY 31, 2023

A District Court judge in New Jersey has dismissed a Fair Debt Collection Practices Act class-action, ruling the plaintiffs lack standing to sue because they did not suffer a concrete injury when the defendant left voicemails using its official company name after sending letters to the plaintiffs using a different company name. The defendant had … The post Judge Dismisses FDCPA Class Action for Lack of Standing first appeared on AccountsRecovery.net.

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Fair Debt Collection Collections Healthcare 130

Account Recovery

JANUARY 31, 2023

A company that built what it billed as the world’s first robot lawyer is now pivoting away from that following threats of jail time for the company’s owner and is instead focusing its technology on other areas, including a couple that involve the accounts receivable management industry. When I mention the company name DoNotPay, you … The post Robot Lawyer Pivots to Consumer Rights Areas first appeared on AccountsRecovery.net.

Lawyers 130

Lawyers Accounts Receivables Management 130

Nerd Wallet

JANUARY 31, 2023

Andrew Marder writes for NerdWallet. Email: amarder@nerdwallet.com. The article Most Tax Filers Work to Slash Their Bill, Embrace Green Credits originally appeared on NerdWallet.

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Account Recovery

JANUARY 31, 2023

LAW FIRM FACING REG F, FDCPA CLASS ACTION OVER CONFLICTING INFO IN EMAIL, LETTERS A class-action complaint has been filed in federal court in Texas accusing a collection law firm of violating Regulation F and the Fair Debt Collection Practices Act by sending two letters and an email on consecutive dats that allegedly contained conflicting … The post Daily Digest – January 31.

Law Firms 130

Law Firms Fair Debt Collection Collections 130

Nerd Wallet

JANUARY 31, 2023

Courtney Miller writes for NerdWallet. Email: courtney.miller@nerdwallet.com. The article NerdWallet Compares the Best Small Cities to Spend Your Retirement Savings originally appeared on NerdWallet.

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Collection Agencies

Troutman Sanders

JANUARY 31, 2023

Federal courts across the country continue to divest themselves of Fair Debt Collection Practices Act (FDCPA) cases following the Supreme Court’s salient Article III standing decision in TransUnion LLC v. Ramirez. The Southern District of Illinois is no exception, with a court in that district recently dismissing an FDCPA action for lack of standing alleging contact with a consumer after the debt collector received notice that the consumer was represented by an attorney.

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Debt collector Fair Debt Collection Lawyers Collections 52

Nerd Wallet

JANUARY 31, 2023

Elizabeth Renter writes for NerdWallet. Email: elizabeth@nerdwallet.com. Twitter: @elizabethrenter. The article Big Life Changes Could Spell Big Shifts in 2022 Tax Outcomes originally appeared on NerdWallet.

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Roths Child Law

JANUARY 31, 2023

If you are struggling to pay your debts, you have a number of options at your disposal. You can approach your creditors for a waiver or negotiate a repayment plan that will work for you. If these options are not possible, you may consider filing for bankruptcy. No matter how you handle it, bankruptcy can have a lasting impact on your life. If you handle it right, bankruptcy can give you the relief you need to get back on your feet financially.

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Bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy Unsecured Debt 52

Nerd Wallet

JANUARY 31, 2023

Erin El Issa writes for NerdWallet. Email: erin@nerdwallet.com. The article Financial Fees Could Cost Americans $1.1 Million Over Their Lifetime originally appeared on 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.

Jimerson Firm

JANUARY 31, 2023

Banks and credit unions should not only routinely require, but also closely scrutinize, criminal background checks during the hiring process in order to maintain compliance with applicable regulatory schemes. As lenders and depositories, banks and credit unions are subject to numerous regulatory schemes under both federal and Florida law. This article does not aim to analyze all potential regulatory schemes.

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Credit Unions Credit Unions Banks Financial Institution 52

Nerd Wallet

JANUARY 31, 2023

JT Genter writes for NerdWallet. Email: travel@nerdwallet.com. The article How Delta Choice Benefits Work originally appeared on NerdWallet.

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Jimerson Firm

JANUARY 31, 2023

Referral relationships are a valuable business asset that can be difficult to protect with noncompete agreements. Depending on whether your company is seeking to enforce a noncompete agreement or defend against its enforcement, that difficulty can act to your detriment or in your favor. However, Florida courts have evaluated referral relationships as legitimate business interests and established a framework to navigate in your company’s best interests.

Trade 52

Trade Financial services Healthcare Banks 52

Nerd Wallet

JANUARY 31, 2023

Arielle O'Shea writes for NerdWallet. Email: aoshea@nerdwallet.com. Twitter: @arioshea. The article Millennial Parents Outpace Gen X, Boomer Parents on Retirement Savings originally appeared on NerdWallet.

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Collections

Jimerson Firm

JANUARY 31, 2023

When someone hired by the company commits a wrong, the company’s potential exposure to liability varies greatly depending on whether the individual is classified as an “employee” or an “independent contractor.” In high-risk fields of service, like those involving security, “bouncers,” or other fields which may require a company to physically contact its customers, companies should pay careful attention to their corporate policies to understand the company’s potential exposure in the event of an

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Government 52

Nerd Wallet

JANUARY 31, 2023

Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com. The article The Guide to Princess Dining at Disney World originally appeared on NerdWallet.

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Jimerson Firm

JANUARY 31, 2023

When someone hired by the company commits a wrong, the company’s potential exposure to liability varies greatly depending on whether the individual is classified as an “employee” or an “independent contractor.” In high-risk fields of service, like those involving security, “bouncers,” or other fields which may require a company to physically contact its customers, companies should pay careful attention to their corporate policies to understand the company’s potential exposure in the event of an

Judgment 52

Judgment 52

Nerd Wallet

JANUARY 31, 2023

Drew Gula writes for NerdWallet. Email: dgula@nerdwallet.com. The article How Does a Car Insurance Deductible Work? originally appeared on NerdWallet.

Auto Insurance 70

Auto Insurance 70

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

JANUARY 31, 2023

Florida law imposes many requirements on parties attempting to enforce noncompete agreements—some of which can be commonly overlooked. As outlined in the article below, Section 542.335, Florida Statutes, imposes the familiar requirements that can take substantial time and resources to satisfy. In that effort to satisfy the statutory requirements, foundational contract requirements established by Florida common law risk being overlooked by less-than-diligent plaintiffs who fail to recall the fund

Trade 52

Trade Lawyers 52

Nerd Wallet

JANUARY 31, 2023

Shannon Bradley writes for NerdWallet. Email: sbradley@nerdwallet.com. The article 3 Ways to Save Money When Buying a Car originally appeared on NerdWallet.

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Loans 65

Troutman Sanders

JANUARY 31, 2023

As discussed here , on October 27, 2022, the CFPB released an Outline of Proposals and Alternatives Under Consideration for public comments on the CFPB’s Section 1033 rulemaking. The window for providing written feedback closed on January 25, 2023. Below we have highlighted some of the submissions by industry and consumer groups. The proposed rules are limited, at this time, to deposit accounts, credit cards, digital wallets, prepaid cards, and other transaction accounts.

Credit Unions 52

Credit Unions Credit Unions Banks Trade 52

Nerd Wallet

JANUARY 31, 2023

NerdWallet writes for NerdWallet. Email: articles@nerdwallet.com. The article Credit Card Data originally appeared on NerdWallet.

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Collections