Fri.May 03, 2024

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Daily Digest – May 3. Suit Accuses Collector of Making Calls After Asking for Texts or Emails Only; Arizona Court of Appeals Affirms Constitutionality of Predatory Debt Collection Act

Account Recovery

Suit Accuses Collector of Making Calls After Asking for Texts or Emails Only Arizona Court of Appeals Affirms Constitutionality of Predatory Debt Collection Act Connecticut Legislature Passes Medical Debt Credit Reporting Bill Student Loan Debt Cancellation to Cost Taxpayers as Much as $1.

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Arizona Court of Appeals Affirms Constitutionality of Predatory Debt Collection Act

Account Recovery

The Arizona Court of Appeals this week upheld the state’s controversial Predatory Debt Collection Act, rebuffing an industry challenge led by the Arizona Creditors Bar Association. The decision ensures the law, which includes measures to shield individuals from medical debt garnishments and cap interest rates, remains in effect.

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Connecticut Legislature Passes Medical Debt Credit Reporting Bill

Account Recovery

The Connecticut legislature yesterday passed Senate Bill 395, which prohibits healthcare providers from reporting medical debt to credit agencies. The bill, which had already passed in the Senate and now awaits the governor’s signature, will take effect on July 1, if signed by Gov. Ned Lamont.

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Suit Accuses Collector of Making Calls After Asking for Texts or Emails Only

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?

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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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Student Loan Debt Cancellation to Cost Taxpayers as Much as $1.4T, Report Claims

Account Recovery

The Biden administration’s plan to cancel student debt has come under scrutiny due to its potentially staggering cost to taxpayers. The cumulative cost of recent student loan cancellation policies is estimated to range from $870 billion to $1.