Fri.Sep 02, 2022

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Collector Facing FDCPA Class Action Over Contradictory Letters

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 Collector Facing FDCPA Class Action Over Contradictory Letters appeared first on AccountsRecovery.net.

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How to Stop Wasting Time in Your Business

Enterprise Recovery

Businesses have had to run leaner in recent years - something that startups know all about. A lean business is one that maximizes value with its resources and minimizes waste. People, money, and time are the most valuable resources in organizations. Maximizing time saves money and encourages your workforce to feel as if they're giving their best to their jobs.

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Daily Digest – September 2. Collector Facing FDCPA Class Action Over Contradictory Letters; Appeals Court Overturns Arbitration Denial

Account Recovery

COLLECTOR FACING FDCPA CLASS ACTION OVER CONTRADICTORY LETTERS The plaintiff received two letters that included different statements related to credit reporting. The letters were sent three years after the defendant had indicated it was ceasing collection activity on the accountThis content is sponsored by WebRecon. More details here. APPEALS COURT OVERTURNS LOWER COURT’S DENIAL OF … The post Daily Digest – September 2.

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Don’t Let Money Rules of Thumb Get You Down

Nerd Wallet

Put 20% down when buying a home. Don’t spend more than 30% of your income on housing costs. Keep child care expenses below 10% of your annual household income. These money rules of thumb can be useful guardrails, helping you allocate spending and determine what’s affordable. They can also be incredibly defeating when they feel. Kelsey Sheehy 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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CFPB Examines Debt Issues for People Living in Appalachia

Account Recovery

Individuals living in the 13 states that make up the Appalachian region are more likely to have medical debt than individuals living in the rest of the United States and those with medical debts have double the delinquency rates on other credit products, according to a research report issued yesterday by the Consumer Financial Protection … The post CFPB Examines Debt Issues for People Living in Appalachia appeared first on AccountsRecovery.net.

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Appeals Court Overturns Lower Court’s Denial of Arbitration Motion

Account Recovery

It is not the job of a Court to determine whether a matter needs to be arbitrated or not — it is the job of an arbitrator to do that, according to the Court of Appeals for the Third Circuit, which overturned a lower court’s denial of a motion to compel arbitration in a Fair … The post Appeals Court Overturns Lower Court’s Denial of Arbitration Motion appeared first on AccountsRecovery.net.

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District Court Rules In Favor of TrueAccord

True Accord

A reply email with notice of attorney representation applies only to the individual account. A new District Court opinion weighs in on digital debt collection efforts, making clear that a notice of attorney representation provided in reply to an email about an account only applies to that specific account. In Tamika Gilbert v. TrueAccord Corp. , Case No.: 1:21-cv-00486, the United States District Court for the Eastern District of Illinois, dismissed the case in favor of TrueAccord.

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Is TSA PreCheck Worth It?

Nerd Wallet

Few things are as easy on the eyes as the following two magical words printed on your boarding pass: “TSA PreCheck.” The phrase means a smoother, and oftentimes faster, security procedure, which is usually one of the most painful airport experiences (besides buying the most expensive bottled water you’ve ever seen). However, time is money, Anya Kartashova writes for NerdWallet.

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3 Trends in B2B Credit: Podcast

NACM

? This week's episode of NACM's Extra Credit podcast hits 3?? major trends in the B2B credit world!1. The manufacturing sector is indicating recession conditions, according to the latest CMI report. Hear from Amy Crews Cutts;2. Commercial bankruptcy lawyers discuss the latest trends. Hear from Sharon Beausoleil;3. and how to make an argu.

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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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EIN vs. ITIN vs. SSN: What Business Owners Need to Know

Nerd Wallet

Most small business owners have an employer identification number and a Social Security number. This allows the IRS to identify and account for their business entities. Obtaining these numbers also ensures individuals remain in compliance with tax laws. However some people may have an individual taxpayer identification number instead. Which numbers you have largely comes.

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Five Stories that Matter in Michigan This Week – September 2, 2022

Fraser

President Biden Announces Student Loan Forgiveness. On Wednesday, August 24, President Biden announced the federal government will extend the current pause on monthly student loan payments. President Biden also stated that the federal government plans to forgive up to $20,000 worth of student loan debt for those who qualify. Why it Matters: President Biden is relying on the HEROES Act of 2003 [20USC 1098bb] to extend the pause on student payments as well as forgive certain amounts of student loa

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What to Buy (and Skip) in September 2022

Nerd Wallet

Thanks to seasonal retail cycles, products tend to go on sale at the same time each year. September is known for blowout deals on select products like mattresses. Much like in 2021, supply chain challenges stemming from the pandemic still loom large this year. And let’s not forget about inflation. But, in a bit of. Tommy Tindall writes for NerdWallet.

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The Hardest Miles to Earn — and Why They’re Worth Trying to Get

Nerd Wallet

When flying United Airlines, most travelers default to earning miles through United’s MileagePlus loyalty program. However, I credit all of my United Airlines and Star Alliance flights to the loyalty program of an airline that I’ve never flown: Asiana Airlines. Why’s that? Asiana Club miles are much more valuable to me than United miles. After. JT Genter writes for NerdWallet.

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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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How to Get Into a Priority Pass Lounge Before Your Flight

Nerd Wallet

These days, arriving early to the airport is a must, so having access to a lounge where you can relax with a drink, snacks and a quiet place to work is key. If you have club memberships to airline lounges like the Admirals Club or Delta Sky Club, you’ll want to make sure that you. Ramsey Qubein writes for NerdWallet. Email: travel@nerdwallet.com. The article How to Get Into a Priority Pass Lounge Before Your Flight originally appeared on NerdWallet.

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How to Incorporate a Business

Nerd Wallet

Incorporation is the process of registering your business as a corporation. Incorporating a business will differ based on which state you’re doing business in, and whether you’re launching a brand-new corporation or converting another business entity to a corporation. S-corporations and C-corporations are the two main types of corporations. You can switch from a C-corp.

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