Thu.Sep 08, 2022

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Daily Digest – September 8. Getting to Know Aleah Heath; Judge Denies Motion to Remand FDCPA Case Back to State Court

Account Recovery

GETTING TO KNOW ALEAH HEATH OF UNIFUND AND PAYCE Aleah Heath isn’t just a top business development professional in the ARM industry, she is also a competitive barrel racer and has launched her own non-profit organization. More details here.This series is sponsored by Applied Innovation. JUDGE DENIES MOTION TO REMAND FDCPA CASE OVER TEXT MESSAGES, … The post Daily Digest – September 8.

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The Many Hats of a Collections Specialist

American Profit Recovery

By Delaney: One thing I did not consider when applying as a Collections Specialist is just how many ‘hats’ I’d come to wear in this role. We work with a variety of clients – dental offices, lawncare services, banks, veterinarians, restoration companies, and medical laboratories – just to name a few. The longer I have been with American Profit Recovery, the more I have grown familiar with the assortment of different industries that we recover funds for.

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Warren Demands DoJ Release Student Loan Bankruptcy Guidance

Account Recovery

Sen. Elizabeth Warren [D-Mass.] is pushing the Department of Justice to implement new guidance related to how student loan debts are handled when individuals file for bankruptcy protection, saying the department needs “to do its part to ensure that borrowers who continue to struggle with student debt have a path toward additional relief.” Backstory: Student … The post Warren Demands DoJ Release Student Loan Bankruptcy Guidance appeared first on AccountsRecovery.net.

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4 Things You Should Know About Working After You Turn 65

Nerd Wallet

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Continuing to work past the traditional retirement age gives many the opportunity to add more money to their nest.

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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.

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Judge Denies Motion to Remand FDCPA Case Over Text Messages, Voicemails Back to State Court

Account Recovery

A District Court judge in California has denied a motion to remand a Fair Debt Collection Practices Act class-action lawsuit back to state court, ruling that the content of text messages and voicemails sent to the plaintiff by the defendant establish standing for the plaintiff’s claim to remain in federal court. Background: The plaintiff claimed … The post Judge Denies Motion to Remand FDCPA Case Over Text Messages, Voicemails Back to State Court appeared first on AccountsRecovery.ne

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Getting to Know Aleah Heath of Unifund and Payce

Account Recovery

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know Aleah Heath of U

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CFPB and Centers for Medicare and Medicaid Services Take Action to Protect Caregivers and Families from Illegal Nursing Home Debt Collection Practices

Consumer Finance

Today, the Consumer Financial Protection Bureau (CFPB) released an Issue Spotlight highlighting some of the difficulties and experiences heard from caregivers about being pursued over friends’ or family members’ alleged debts from nursing home facilities.

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Demo Day Videos

Account Recovery

The technology in the accounts receivable management industry is changing faster than ever. And while the industry has long carried a reputation of being slow to adopt and embrace new technology, that is no longer an option for companies that want to stick around. To help keep the industry up-to-date on new tech offerings, and … The post Demo Day Videos appeared first on AccountsRecovery.net.

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Bodily Injury Liability Coverage: What It Is and How It Works

Nerd Wallet

If you injure someone in a car accident, bodily injury coverage helps to pay their medical costs. It can also cover their lost wages if they can’t work after the crash. Although this coverage won’t cover your own medical expenses, it applies to most other people involved in the accident, including: Other drivers and their. Kayda Norman writes for NerdWallet.

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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.

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Director Chopra’s Prepared Remarks at the CFPB Field Hearing on Nursing Home Debt Collection Practices

Consumer Finance

Director Chopra delivered remarks at a virtual roundtable exploring challenges around nursing home debt collection practices, and the impact they can have on the financial wellbeing of caregivers, their families, and friends.

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Compliance & Collections: 22 Essential Terms to Know

True Accord

The world of regulatory compliance can be a complicated place, especially when it comes to debt collection. It can be tricky for non-security and compliance professionals. To help quickly get you up to speed on what auditors are referring to, we’ve put together a glossary, covering some of the most important compliance terms and acronyms. Action Plan: A plan to identify and facilitate remediation steps of current operating practices.

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Emergency Matched Savings Project; An Interview with Lidia Sebastian of Koreatown Youth and Community Center 

Prosperity Now

This month, we spoke with Koreatown Youth and Community Center (KYCC) Community Wealth Program Manager, Lidia Sebastian, to discuss their

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The Guide to Delta Premium Economy

Nerd Wallet

Your comfort during a long-haul flight can make or break your energy levels once you arrive on the ground. In 2017, Delta Air Lines sought to provide passengers with a solution when it launched its premium economy class called Premium Select. The elevated seating option — which is located between the luxurious Delta One and Comfort. Jennifer Coates writes for NerdWallet.

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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?

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NHTSA Compliance and Suspensions

Fraser

The National Highway Traffic Safety Administration (“NHTSA”) has recently taken enforcement action against a number of Registered Importers (RI) whose import documentation does not strictly comply with NHTSA laws and Regulations. This enforcement action may include lengthy RI registration suspension or termination. RI’s are advised that all certifications to NHTSA must be completely accurate and not false or misleading.

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Is the Spirit Airlines Big Front Seat All It’s Cracked Up to Be?

Nerd Wallet

Anyone who’s ever flown on Spirit Airlines knows the unique challenges of traveling with the ultra-budget airline: small seats that don’t recline, no carry-on included (just a personal item) and no free snacks or drinks. But for those willing to travel light, the airline’s rock-bottom prices can offer an exceedingly budget-friendly way to travel by.

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How Does Inflation Affect Commercial Debt?

Debt RR

Everyone’s talking about rising inflation these days. And for the average American consumer, this means that the purchasing power of your dollar is diminishing. This is because inflation causes a general increase in the prices of goods and services. But if you hold or loan out commercial debt, you might be wondering how inflation affects you. Let’s look at some potential impacts.

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Crypto Hot Wallet vs. Cold Wallet: What’s the Difference

Nerd Wallet

Crypto wallets are essential to keep the keys to your digital cash safe. In order to choose the right wallet, you’ll have to understand the distinctions between a “hot” wallet and a “cold” one. The main difference between hot wallets and cold wallets is that hot wallets are connected to the internet through your computer. Dalia Ramirez writes for NerdWallet.

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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.

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Activate: How to Streamline Law Firm Billing

NCBA Law Practice Management Blog

Effective billing, like learning any skill, require s repetition. If you can use the same process for billing every time, it makes it much easier to repeat that process, including for collection purposes. But, as with many things that require repetition in business, the use of templates can help tremendously, in streamlining your law firm processes.

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How Much Does a Medicare Supplement Insurance Plan Cost?

Nerd Wallet

If you have Original Medicare and want to control your out-of-pocket costs, you might want to buy Medicare Supplement Insurance, or Medigap. Medigap policies cover certain copays, coinsurance and deductibles you would otherwise be responsible for after Medicare pays its share of covered services. The government standardizes Medigap plans, but they’re sold by private insurance.

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Using a Preliminary Injunction to Restrain Debtor’s Funds

FFGN COLLECT NY

Let’s say your company has a corporate debtor that owes your company a sizable debt. You are concerned that the debtor is in poor financial condition, and that by the time a lawsuit commences and a judgment is obtained, the debtor will not have any assets available to satisfy the outstanding debt. You, therefore, want to try to place a restraint, known as a preliminary injunction on the debtor’s funds prior to obtaining a judgment.

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Inflation’s Toll on Your Credit; Why a Broker Shouldn’t Text You

Nerd Wallet

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Are we nearing the top of the inflation mountain? The Federal Reserve says rising consumer costs are seeing “some.

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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.

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Payments Fraud in Asia Post Pandemic

Fico Collections

Home. Blog. FICO. Payments Fraud in Asia Post Pandemic. Why consumers are moving to banks with the best fraud and scam prevention. Saxon Shirley. Thu, 06/17/2021 - 06:40. by CK Leo. Senior Consultant, Fraud and Financial Crime. expand_less Back To Top. Thu, 09/08/2022 - 01:00. The growth of real-time payments and fraud in Asia. The payments landscape in Asia is rapidly evolving, thanks to the emergence of new payment methods.

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The Guide to Hawaiian Airlines Extra Comfort 

Nerd Wallet

The only thing better than flying to Hawaii is flying to Hawaii in comfort. But if you don’t have the dough to fly first class, you can still make a more modest upgrade by grabbing a seat in Hawaiian Airlines’ premium economy class: Extra Comfort. Here’s a look at what you get by booking Hawaiian. June Casagrande writes for NerdWallet. Email: travel@nerdwallet.com.

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The 11 Incorporation Documents You Need to Know Before Creating Your Corp or LLC

Nerd Wallet

Incorporating a business, either by establishing a corporation or a limited liability company (LLC), is a fairly straightforward process — as long as you’re organized and have all the documents you need in order. Understanding each document that’s required and when you’ll need to submit it is the best route to a fast, painless business. Priyanka Prakash writes for NerdWallet.

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