Fri.Sep 04, 2020

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Appeals Court Affirms Dismissal of FDCPA Suit Over Dispute Notice

Account Recovery

The Second Circuit Court of Appeals has upheld the dismissal of a lawsuit that accused a collector of violating the Fair Debt Collection Practices Act by not specifically mentioning that a portion of a debt could be disputed, thus allegedly deceiving the plaintiff into thinking only the whole amount could be disputed. A copy of … The post Appeals Court Affirms Dismissal of FDCPA Suit Over Dispute Notice appeared first on AccountsRecovery.net.

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Dental Office Manager: Role, Responsibilities and Duties

Nexa Collect

A Dental Office Manager also referred to as a Dental Practice Manager is an administrative position commonly accommodated in dental practices or orthodontic facilities. A Dental Office Manager is like an overall Administrator, also responsible for running the front offices of dental clinics and managing day-to-day operations fulfilled to assist the dental faculties to propagate a smooth work environment.

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CAC Sued Mass. AG Over Constitutionality of Call Limit Regs Month Before It Was Sued For Allegedly Violating Them

Account Recovery

A month before it was sued by the Attorney General of Massachusetts for violating the state’s limit on how many collection calls can be made to an individual, among other allegations, Credit Acceptance Corp. filed a lawsuit of its own, against the AG, challenging the constitutionality of that law. A copy of the complaint in … The post CAC Sued Mass.

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Joe Biden’s Student Loan Plan: What It Could Mean for You

Nerd Wallet

The student loan platform of President Donald Trump or former Vice President Joe Biden might not be the reason you vote for either in November. But the winning candidate’s policies could affect your financial future if you’re planning to attend college or have student loans to repay. Remember: Each candidate’s proposals may or may not. Ryan Lane is a writer at NerdWallet.

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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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Daily Digest – September 4. CAC Sues Mass. AG Over Call Limits; Appeals Court Affirms Dismissal of FDCPA Suit

Account Recovery

CAC SUES MASS. AG OVER CONSTITUTIONALITY OF CALL LIMIT REGS MONTH BEFORE IT WAS SUED FOR VIOLATING THEM A month before it was sued by the Attorney General of Massachusetts for violating the state’s limit on how many collection calls can be made to an individual, among other allegations, Credit Acceptance Corp. filed a lawsuit … The post Daily Digest – September 4.

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COVID Causing Problems For Healthcare Providers, RCMs

Account Recovery

The results of a survey of nearly 600 revenue cycle managers and healthcare provider chief financial officers asking them to assess the impact of COVID-19 on their operations paint a picture of opportunity for companies in the credit and collection industry, especially those that are already offering back-office and logistical support services to their clients. … The post COVID Causing Problems For Healthcare Providers, RCMs appeared first on AccountsRecovery.net.

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How to Make a Debt-Free Switch to Cashless Payments

Nerd Wallet

Before the pandemic, Steffen Kaplan, a social media and visual consultant in the New York area, preferred using cash to credit cards. He says cash helped him avoid overspending. But now, with the coronavirus still potentially lurking around every corner, his habits have changed. “I don’t carry cash around with me anymore,” Kaplan says. “Given. Kimberly Palmer is a writer at NerdWallet.

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Tenth Circuit Affirms Order Allowing Discharge of Private Student Loans

Troutman Sanders

On August 31, 2020, the Tenth Circuit affirmed the United States Bankruptcy Court for the District of Colorado’s holding that certain student loans not guaranteed by a governmental unit may be discharged in bankruptcy. Navient Solutions, LLC argued that the debtors’ student loans were excepted from their Chapter 13 discharge under 11 U.S.C. § 523(a)(8)(A)(ii) which excepts “an obligation to repay funds received as an educational benefit, scholarship, or stipend.

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When Debt Relief Does More Harm Than Good

Nerd Wallet

In a crisis, long-term planning may lose out to quick and dirty solutions — regardless of the consequences. As the pandemic and its economic fallout continues, more cash-strapped consumers could fall into this trap if the Great Recession is any indicator. A recent report by the Consumer Financial Protection Bureau found that from 2007 through. Sean Pyles is a writer at 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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Business Late Payments threatening Economy recovery

UK debt collections

The latest research shows that the majority of Businesses (SME’s) in the UK are being paid late as a result of the pandemic. This underhand business practice is threatening the recovery of the Economy according to findings by Bibby Financial Services. Payment times have jumped to over three weeks late for a third of the UK’s Businesses and 28% of Companies reported they had seen an increase in their bad debt ledger.

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Donald Trump’s Student Loan Plan: What It Could Mean for You

Nerd Wallet

The student loan plan of President Donald Trump or former Vice President Joe Biden might not be the reason you vote in November. But the winning candidate’s policies could affect your financial future if you’re planning to attend college or have student loans to repay. Remember that each candidate’s proposals may or may not come. Cecilia Clark is a writer at NerdWallet.

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How to Remove TrueAccord from Your Credit Report

Better Credit Blog

If you have forgotten to pay a bill, you may begin to hear from a debt collector called TrueAccord. They will appear on your credit report as a collection agency, and this entry can cause problems for your credit score. Not only are debt collectors annoying but having one like TrueAccord on your credit report can let other lenders know that you tend to be late on payments.

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Radisson Rewards Award Optimization for Beginners

Nerd Wallet

Although opportunities to earn Radisson Rewards points may be more limited than other hotel loyalty programs, you’ll still find plenty of great uses for your Radisson points once you’ve racked them up. With over 1,200 hotels all over the world, Radisson Rewards points can be especially useful for travelers in the U.S., Europe, the Middle. Rand Shoaf is a writer at 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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COBRA Litigation – 2020’s Latest Gift

Burr Forman

The Consolidated Omnibus Budget Reconciliation Act (“COBRA”) became law on April 7, 1986. For most of its nearly 35-year history, litigation involving COBRA has been relatively quiet. Most COBRA claims are tag-alongs, added as an afterthought to various sorts of discrimination claims, and a few cases involving the definition of “gross misconduct” (essentially the one narrow exception where an offer of COBRA coverage is not required).

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Which Airline Should You Fly Now That Change Fees Are History?

Nerd Wallet

The COVID-19 pandemic has drastically affected airlines. Now, in an effort to woo travelers back to the skies, airlines are adopting more flyer-friendly policies. United Airlines led the way by announcing the elimination of change fees and standby fees. Within 24 hours, Delta Air Lines announced a similar policy and American Airlines went even further.

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Temporary Federal Residential Eviction Ban by CDC

Burr Forman

The Centers for Disease Control and Prevention (the “ CDC ”) located within the Department of Health and Human Services, announced on Tuesday, September 1, 2020, the issuance of a new agency Order to temporarily halt residential evictions to prevent the further spread of COVID-19 (the “ CDC Order ”). The CDC issued the CDC Order under its public health powers pursuant to Section 361 of the Public Health Service Act, explaining that evictions and a lack of housing stability could lead to a spike

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Is the Hilton Honors American Express Card Worth It?

Nerd Wallet

With the diverse lineup of Hilton Honors credit cards on the market, there’s one for every type of Hilton guest. Based on how often you stay at hotels in the Hilton portfolio and the value you place on certain perks, you can choose between paying a high annual fee to get extra benefits or avoiding. Rand Shoaf is a writer at NerdWallet. Email: travel@nerdwallet.com.

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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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Court Dismisses Conclusory RICO Claim Against Professional Plaintiff

TCPA

The Eastern District of Pennsylvania recently dismissed a RICO lawsuit against a serial TCPA plaintiff, finding that, while the conduct alleged “might be unseemly,” it did not amount to racketeering activity. Jacovetti Law, P.C. v. Shelton, No.

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Your Guide to the Wyndham Award Categories

Nerd Wallet

Wyndham caters to business and leisure travelers by offering over 9,000 distinctive properties worldwide. As a member of the Wyndham Rewards program, you can choose from brands including La Quinta, Days Inn, Travelodge, Ramada, Dolce Hotels and Resorts and Wyndham Grand. With clearly defined redemption categories and easy-to-use online tools, Wyndham offers a straightforward loyalty.

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How to Remove Rausch Sturm from Your Credit Report

Better Credit Blog

If you have heard from a debt collector called Rausch Sturm, you are probably being pursued for an old debt. You have also probably seen them appear on your credit report as a collections account. This is because Rausch Sturm has been hired by your original creditor to collect the debt on their behalf. You won’t stop hearing from them until you pay them or remove their account from your credit report in another way.

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Burr & Forman Expands Health Care Practice in Nashville with the Addition of Renee Rayne

Burr Forman

Burr & Forman announces the addition of Nashville-based associate Renee Rayne to the firm’s Health Care practice group. Her practice focuses on the representation of public hospitals, private hospitals and physician groups in regulatory and transactional matters, particularly related to Medicaid participation and reimbursement. Renee has been the primary associate contact for several hospital systems in markets across Texas and Tennessee, conferring with and advising hospital CEOs and CFOs r

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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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Construction Spending Increases Slower Than Expected

NACM

Total construction spending remained relatively unchanged for the month of July; however, the slight increase was less than expected. Spending inched forward 0.1% in July, according to the U.S. Census Bureau. The seasonally adjusted annual rate of $1,364.6 billion is also 0.1% below July 2019.