Account Recovery

DECEMBER 18, 2020

D.C. JUDGE STRIKES DOWN PROHIBITION AGAINST EVICTION FILINGS A Superior Court judge in Washington, D.C., yesterday struck down a ban on landlords filing new eviction cases as unconstitutional, saying that property owners are entitled to go to court to regain possession of what is theirs. The ruling is not expected to lead to an influx … The post Daily Digest – December 18.

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Student loans Student Loans Loans 246

Enterprise Recovery

DECEMBER 18, 2020

The internet allows for businesses to sell the use of software (and hardware) and revenue is collected either yearly or monthly as a subscription service. The as-a-service or subscription business model is sustainable as long as payments are received. Because client retention is very important to this business model, debt collections must be handled with business relationships in mind.

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Account Recovery

DECEMBER 18, 2020

Consumers are filing fewer lawsuits, but are filing more complaints, according to data released yesterday by WebRecon. It will be interesting to keep an eye on that lawsuit total and see if the relatively significant increase in complaints leads to a similar increase in lawsuits in the coming months. The number of Fair Debt Collection … The post Lawsuit Totals Mostly Down, But Complaints Stay Up: WebRecon appeared first on AccountsRecovery.net.

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Fair Debt Collection Collections 246

Nerd Wallet

DECEMBER 18, 2020

Christmas came early for JetBlue Mosaic members this year. JetBlue has announced major changes to its TrueBlue program, and one of the biggest standouts could mean huge savings for Mosaic members. TrueBlue members with Mosaic status will receive free companion passes on flights booked and flown between Jan. 1 and May 20, 2021, which is. Sally French writes for 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.

Account Recovery

DECEMBER 18, 2020

The Consumer Financial Protection Bureau today released Part II of its debt collection rule, providing guidance on sending validation notices and disclosures related to collecting time-barred debt. The rule, all 354 pages of it, can be accessed by clicking here. An executive summary of what was released today can be accessed by clicking here. [EDITOR’S … The post CFPB Releases Part II of Debt Collection Rule Covering Validation Notices, Time-Barred Debt appeared first on AccountsReco

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Collections 246

Account Recovery

DECEMBER 18, 2020

The Attorney General of Pennsylvania has stopped a company offering student loan debt relief services from operating in the state, forced it to repay $74,000 to individuals who were scammed, and pay a $50,000 fine as part of an announced settlement. The settlement, which was in the form of an Assurance of Voluntary Compliance, was … The post Pa.

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Student loans Student Loans Loans 246

Nerd Wallet

DECEMBER 18, 2020

Travel insurance is an important consideration before you depart for your vacation as it can protect you in case of unexpected medical emergencies, trip delays, lost luggage and other mishaps. However, not all plans are created equal, so it makes sense to choose a trip insurance option that offers the benefits most important to you. Elina Geller writes for NerdWallet.

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Account Recovery

DECEMBER 18, 2020

Individuals are stressed about paying their medical bills every month, but that stress does not necessarily correspond to the bills actually getting paid. In fact, medical bills rank as one of the lowest priority bills that an individual will pay in a given month, according to the results of a new survey. Medical bills ranked … The post The Debts that People Stress About, and The Order in Which They Pay Them appeared first on AccountsRecovery.net.

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Nerd Wallet

DECEMBER 18, 2020

In a holiday season that many of us will spend apart from loved ones, gift-giving might feel even more important than usual. After all, if you can’t travel to see family, at least you can see them unwrap gifts over a video call, right? And just as many families will use a video service for. Sean Pyles writes for NerdWallet. Email: spyles@nerdwallet.com.

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Collections

Account Recovery

DECEMBER 18, 2020

A Superior Court judge in Washington, D.C., yesterday struck down a ban on landlords filing new eviction cases as unconstitutional, saying that property owners are entitled to go to court to regain possession of what is theirs. The ruling is not expected to lead to an influx of new eviction cases, because tenants are still … The post D.C. Judge Strikes Down Prohibition Against Eviction Filings appeared first on AccountsRecovery.net.

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Nerd Wallet

DECEMBER 18, 2020

With lots of no-annual-fee credit cards out there, the $250 annual fee on a card like the American Express® Gold Card can be hard to justify. Plus, with the pandemic leaving so many travelers grounded, the card’s emphasis on travel rewards may be less appealing. But there’s more to this card than just travel benefits. Bethany Walsh writes for NerdWallet.

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True Accord

DECEMBER 18, 2020

By March 2021, small business and residential utilities customers could owe up to $40 billion in unpaid debt. To better understand this moment of increased financial hardship and economic uncertainty, TrueAccord hosted a roundtable with several Northeast and Midwest utilities companies. Participants shared insights and brainstormed creative solutions to better help their utilities customers, including: Educating consumers on assistance programs Reaching consumers where they are, with the use of

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Nerd Wallet

DECEMBER 18, 2020

Azlo is an online business banking option that has no minimum opening deposit, no minimum balance requirements and unlimited transactions. Azlo’s integrated invoicing, online payment tools and app integrations set it apart from competitors. In addition to Azlo Starter, the standard fee-free account, there’s also a paid account option — Azlo Pro — that includes.

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Banks 61

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

Burr Forman

DECEMBER 18, 2020

On December 2, 2020, the Centers for Medicare and Medicaid Services (“CMS”) finalized sweeping changes to the federal Physician Self-Referral Law, commonly known as the Stark Law. Many of the changes reflect CMS’ intent to allow greater flexibility to address certain value-based compensation arrangements. However, at least one change may materially impact how physician group practices allocate profits from Stark Law designated health services (“DHS”).

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Nerd Wallet

DECEMBER 18, 2020

British Airways’ rewards program, the British Airways Executive Club, gives frequent flyers the chance to earn and collect points, called Avios. These points can be redeemed in various ways depending on each traveler’s needs and goals. This guide will help you learn how to redeem Avios when you’re ready to put them to use. Valuable ways to. Natasha Gabrielle writes for NerdWallet.

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Collections 57

Burr Forman

DECEMBER 18, 2020

Restaurants were hit particularly hard by the COVID-19 pandemic in 2020 due to closures, restrictions on capacity and already-thin margins that precede the economic downturn. As these restaurants seek remedies to get their businesses on the right track, Graham Stieglitz authored a December 2020 article for Full-Service Restaurant Magazine (FSR) discussing efficient restructuring processes available to qualifying businesses under the Small Business Reorganization Act (SBRA).

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Bankruptcy Unsecured Debt Debtor 52

Nerd Wallet

DECEMBER 18, 2020

With no fees and unlimited transactions, BlueVine’s business checking account includes features that are common with online-only banks. The account stands out, however, because BlueVine allows you to earn interest on your account without having to maintain a monthly or daily balance requirement. Unlike the majority of online-only accounts, you also have the ability to.

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Banks 53

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Collections

Troutman Sanders

DECEMBER 18, 2020

Troutman Pepper represented the defendant/appellee in Wanda Daughtry, et al v. Jeffrey Nadel , a case in which the appellants argued that a foreclosure action filed six years after the borrowers defaulted was time-barred. The case concerned whether Maryland’s default three-year statute of limitations for “actions at law” applied to a foreclosure action.

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Nerd Wallet

DECEMBER 18, 2020

You’ll need to submit an income-driven repayment application at studentaid.gov or download a paper request form and submit it to your servicer (the company that sends you a bill every month). Applying for income-driven repayment online is typically faster and easier than submitting a paper form (the Federal Student Aid office estimates the process takes.

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Student loans Student Loans Loans 52

Better Credit Blog

DECEMBER 18, 2020

Wondering about a credit inquiry from CBCInnovis on your credit report? An entry from CBCInnovis could be the result of several types of loan applications. In most cases, this type of inquiry is nothing to be concerned about. However, it’s a good idea to take a closer look at the hard inquiry if you aren’t sure what prompted it. Below, we’ll walk through the basics of hard credit checks, give you a bit more insight into who CBCInnovis is, and layout the process for getting a fraudulent entry off

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Troutman Sanders

DECEMBER 18, 2020

On December 4, 2020, the Eleventh Circuit issued a ruling in Lucoff v. Navient Solutions, LLC, et al. , holding Lucoff’s oral revocation of consent to be contacted under the Telephone Consumer Protection Act (“TCPA”) followed by re-consenting to be contacted minutes later via an online form was valid consent under the TCPA. Lucoff was part of a class action against Navient Solutions, LLC (“Navient”) and its affiliate Student Assistance Corporations (“SAC”) in 2010.

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Student loans Student Loans Loans 52

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.

Better Credit Blog

DECEMBER 18, 2020

Curious about an entry from Cb/Vicscrt on your credit report? We have answers. Cb/Vicscrt is short for Comenity Bank/Victoria’s Secret. The entry is most likely on your report as a hard inquiry, which happens when you apply for a retail credit card. If you never applied for a credit card from Victoria’s Secret, you should be able to get the inquiry deleted from your report.

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Public Citizen

DECEMBER 18, 2020

That's the question addressed in Employer Liability for 'Take-Home' COVID-19 by Mark Rothstein and Julia Irzyk (forthcoming in the Journal of Law, Medicine & Ethics ). Here is the abstract: Workplace exposure to SARS-CoV-2 has been a source of morbidity and mortality from COVID-19, especially for “essential workers,” such as those employed in health care and meatpacking.

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Public Citizen

DECEMBER 18, 2020

The Consumer Financial Protection Bureau today issued a final rule implementing the Fair Debt Collection Practices Act. All the materials can be found here.

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