Fri.Oct 14, 2022

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N.Y. Gov Signs Bill Eliminating Certain Collection Fees on Unpaid Student Loans

Account Recovery

The governor of New York yesterday signed a bill into law that will eliminate a 22% collection fee on student loans owed to the state. The fee was added when unpaid student loan debts were referred to the Office of the Attorney General’s Civil Recoveries Bureau. Debts were referred there by various state agencies charged … The post N.Y. Gov Signs Bill Eliminating Certain Collection Fees on Unpaid Student Loans appeared first on AccountsRecovery.net.

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Choosing the Best Commercial Collection Services

Enterprise Recovery

When making the decision to use commercial debt collection services, businesses should be choosy. Not only are you selecting a company that should be efficient in recovering what's owed to you, but your brand reputation is also at risk. The collections specialists will be speaking to your clients on your behalf. It's imperative that they're able to be a fair but authoritative representation of your company.

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Lack of Jurisdiction Leads EDPA Judge to Grant MTD in FCRA, FDCPA Case

Account Recovery

In what feels like a “three people who have never been in my kitchen” claim, a District Court judge in Pennsylvania has granted a motion to dismiss filed by two debt collection companies that were sued for allegedly violating the Fair Debt Collection Practices Act and the Fair Credit Reporting Act, on the grounds that … The post Lack of Jurisdiction Leads EDPA Judge to Grant MTD in FCRA, FDCPA Case appeared first on AccountsRecovery.net.

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Learn — Don’t Run — From Your Inner Money Critic

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. I can be so mean to myself. My inner critic roasts my actions like a political attack ad, with. Laura McMullen writes for NerdWallet.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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Daily Digest – October 14. Complaint Alleges Collector Failed to Honor Text Opt-Out, 7-in-7; Lack of Jurisdiction Dooms FCRA, FDCPA Case

Account Recovery

COMPLAINT ALLEGES COLLECTOR FAILED TO HONOR TEXT OPT-OUT, 7-IN-7 While it included an opt-out disclosure in text messages sent to an individual, a collection operation is being accused of not honoring the requests made by plaintiff to stop receiving the communications. The defendant is also accused of making rapid-fire calls in quick succession, to the … The post Daily Digest – October 14.

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Complaint Alleges Collector Failed to Honor Text Opt-Out, 7-in-7

Account Recovery

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 Complaint Alleges Collector Failed to Honor Text Opt-Out, 7-in-7 appeared first on AccountsRecovery.net.

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How Global Entry for Family Works

Nerd Wallet

The tourism industry is recovering from the pandemic, and so are airport lines. Security and immigration wait times can be as long as “The Lord of the Rings” trilogy, and thankfully, there are ways to shorten them (at least in the United States) by utilizing Global Entry and TSA PreCheck lines. Global Entry is designed. Anya Kartashova writes for NerdWallet.

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Hospital Responds to Senator’s Inquiry About Collection Practices

Account Recovery

If you want proof of why the accounts receivable management industry is shrinking, look no further than the responses provided by a hospital being sued by the Attorney General of Washington for being too aggressive to questions posed by a Senator investigating the facility’s debt collection practices. As part of an answer where it talks … The post Hospital Responds to Senator’s Inquiry About Collection Practices appeared first on AccountsRecovery.net.

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8 Times You’re Using the Wrong Credit Card

Nerd Wallet

There’s no such thing as a universal best credit card. The right card for you depends on your lifestyle, your goals and your credit history. For instance, if you’re looking for travel rewards but your friend is building credit, the best card for each of you will differ greatly. And while there may not be. Jae Bratton writes for NerdWallet. Email: jbratton@nerdwallet.com.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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Five Stories that Matter in Michigan This Week – October 14, 2022

Fraser

Lawsuit Challenges New Election Challenger/Poll Watcher Guidance. The Michigan GOP and the Republican National Committee filed a lawsuit seeking to rescind new instructions for election challengers and poll watchers issued by the Michigan Bureau of Elections. Among issues raised in the lawsuit is a new requirement having challengers obtain a credential using a form from the Michigan Secretary of State’s Office.

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Why Is It So Difficult to Sell a Car Privately?

Nerd Wallet

Selling your car privately can mean more money than trading it in at a dealership or online retailer. But making the sale can be difficult. The easiest car to sell privately is one you own outright and for which a buyer is paying cash. Selling a car becomes more difficult when: You have a loan. Whitney Vandiver writes for NerdWallet. Email: wvandiver@nerdwallet.com.

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Marketplace: 3 Hiring Tips for Law Firms

NCBA Law Practice Management Blog

Law firms were sitting in the cat-bird seat for quite a while, in terms of the job marketplace. Now, employees have the upper hand. So, how can a law firm with hiring needs find success in a marketplace where they’re no longer in the driver’s seat? Well, there’s no perfect solution; but, here are a few suggestions you could employ: First, try to make your law firm a more compelling environment for potential hires.

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Trip Delay Insurance Explained

Nerd Wallet

Despite what many travelers may believe, there is no federal law in the U.S. requiring airlines to provide passengers with compensation for a delayed flight. Even if an airline’s policy is to provide meals or lodging, it will rarely do so if the delay is due to weather or another factor it considers beyond its. Aaron Hurd writes for NerdWallet. Email: ahurd@nerdwallet.com.

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Agent Tooling: Connecting AI to Your Tools, Systems & Data

Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.

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Assigning Workload to Collectors: Podcast

NACM

??? Having trouble deciding on the best way to assign workload to collectors? Its not a one size fits all approach.?? Listen to this week's episode of the Extra Credit #podcast to hear how some credit professionals keep workload balanced so collections stay efficient.

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The Guide to Delta Silver Medallion

Nerd Wallet

Gaining elite status through your preferred airline can provide convenient benefits on the ground and in the air, giving you more value when traveling. NerdWallet compared elite status programs across nine domestic airlines, including Delta Air Lines. Our analysis found that the airline’s Medallion elite status program ranked among the top three, tied for the.

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Higher Inflation Could Mean Smaller Tax Bills for Some

Nerd Wallet

The latest data from the U.S. Bureau of Labor Statistics doubles down on what has become 2022’s loudest refrain: Sometimes the race to beat inflation is just a slow crawl. And while persistently high inflation is hardly cheerful news, a set of annual adjustments that are tied to an inflation index could provide relief in. Sabrina Parys writes for NerdWallet.

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Chase Increases Point Value for Apple Redemptions (Limited Time)

Nerd Wallet

Beginning Oct. 15, 2022, Chase cardholders can get more bang for their buck when redeeming rewards for Apple products. Most of the time, you can redeem Chase Ultimate Rewards® points for 1 cent each toward Apple merchandise. But through Nov. 30, 2022, your points will be worth 10% to 50% more when you purchase Apple. Caitlin Mims writes for NerdWallet.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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What Is the Medicare IRMAA, and When Does It Apply?

Nerd Wallet

The Medicare income-related monthly adjustment amount, or IRMAA, is a surcharge on Medicare premiums for Medicare Part B (medical insurance) and Part D prescription drug plans. It applies only to Medicare beneficiaries who have a modified adjusted gross income above $91,000 ($97,000 in 2023) for an individual return and $182,000 ($194,000 in 2023) for a.

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Student Loan Lawsuits: Where Challenges to Cancellation Stand

Nerd Wallet

Since President Joe Biden announced cancellation of billions in student debt on Aug. 24, multiple lawsuits have risen to challenge his executive order. Any viable legal challenge has the potential to delay or halt cancellation. Here’s what to watch. Lawsuits in play Six states (Arkansas, Iowa, Kansas, Missouri, Nebraska and South Carolina) jointly claim Biden’s.