Mon.Nov 16, 2020

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Education Dept. Rolls Out New Loan Forgiveness Website

Account Recovery

The Department of Education has unveiled a new website aimed at helping individuals who are seeking debt relief after being defrauded by a college, but critics of the administration’s efforts say the changes are mostly cosmetic, according to a published report. The new website can be accessed by clicking here. For example, the site estimates … The post Education Dept.

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For Digital or Tech Companies, Remote Work Saves Money

Enterprise Recovery

Yesterday, the LA Times reported " 'Work from Anywhere'" is Here to Stay " noting that tech companies are leading the way to making remote work permanent for their employees. IBM's CEO also stated that even with a predicted COVID vaccine, remote work would continue. It's not a surprise that for technology or digital marketing companies, remote work will be the norm, even after the pandemic.

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Daily Digest – November 16. Collector Files Motion to Have Plaintiff’s Attorney Disqualified; How Healthcare Providers are Overhauling Collections

Account Recovery

COLLECTOR FILES MOTION TO HAVE PLAINTIFF’S ATTORNEY DISQUALIFIED A company being sued for allegedly violating the Fair Debt Collection Practices Act has filed a motion seeking to have the plaintiff’s counsel disqualified and to have attorney’s fees awarded, accusing the counsel of contacting the company directly and asking questions about the type of business the … The post Daily Digest – November 16.

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What to Buy (and Skip) on Black Friday 2020

Nerd Wallet

Amid all of the retail chaos and change of 2020, at least one thing remains the same: the biggest sale day of the year. Black Friday — the day after Thanksgiving — has a reputation as the best time of the year to buy just about anything. But even though Black Friday still exists in. Courtney Jespersen is a writer at NerdWallet. Email: courtney@nerdwallet.com.

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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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Compliance Digest – November 16

Account Recovery

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

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How Healthcare Providers are Overhauling Collection Procedures During Pandemic

Account Recovery

Healthcare providers are overhauling their patient collection operations, according to the results of a survey conducted by the Healthcare Financial Management Association, with 88% of the respondents saying COVID-19 has impacted their collections approach in some way and 18% saying the coronavirus has impacted their approach in every way. Seventy percent of providers have increased … The post How Healthcare Providers are Overhauling Collection Procedures During Pandemic appeared first on

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Student debt loan forgiveness for people in public service

Roths Child Law

Many college graduates in Tennessee are struggling with student loan repayments, and you might be among them. Whether you have federal loans, private loans or some combination of the two, student loan debt has kept people from buying homes, starting businesses or even having children, to the extent that it has become a national issue of concern. Is public service loan forgiveness for you?

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Collector Files Motion to Have Plaintiff’s Attorney Disqualified

Account Recovery

A company being sued for allegedly violating the Fair Debt Collection Practices Act has filed a motion seeking to have the plaintiff’s counsel disqualified and to have attorney’s fees awarded, accusing the counsel of contacting the company directly and asking questions about the type of business the company conducted and then denying she was affiliated … The post Collector Files Motion to Have Plaintiff’s Attorney Disqualified appeared first on AccountsRecovery.net.

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Pause in Student Loan Payments Helps Borrowers Pay for Necessities

Nerd Wallet

Financial upheaval stemming from the coronavirus pandemic has made meeting monthly bills more difficult for millions of Americans. But those with federal student loan debt — or more than 42 million U.S. adults — were granted temporary reprieve from their loan payments. As a short-term measure to help free up cash, all federal student loans. Erin El Issa 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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High-Cost Lending in South Carolina Before and During COVID and the Way Forward

Prosperity Now

The public health crisis brought about by the COVID-19 pandemic in South Carolina has resulted in 197,000 cases and more

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How Can a Secured Creditor Repossess Collateral Without Breaching the Peace?

Jimerson Firm

When a borrower applies for a loan, most lenders require the borrower to pledge an asset as security for the repayment of the loan, i.e. collateral. In the event the borrower defaults, usually by failing to make loan payments, a secured creditor has a right to take possession of the collateral. § 679.609, Fla. Stat. The quickest and cheapest way for a secured creditor to take possession of the collateral is by self-help repossession.

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A Guide to British Airways Fees

Nerd Wallet

If you’re not careful, airline fees can really add up. If you’re planning on traveling British Airways anytime soon, know before you book what the fees are for checked bags, ticket changes, redepositing miles and selecting seats. Here is your guide to fees when flying on British Airways. Not all bags fly free The number. Dustin Waller is a writer at NerdWallet.

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Diversity and Office Holidays

The Kaplan Group

Thanksgiving is almost here, which means it’s actually time to start thinking about your office and the winter holidays. Just like everything else, the holidays are going to be a little different this year. This year, with so many offices still working remote, trying to bring people together around the holidays is especially challenging and sensitive.

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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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Smart Money Podcast: Holiday Travel and Giving Money Advice to Family

Nerd Wallet

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion of what holiday travel will look like this year and what you should consider before leaving home. Then we pivot to this week’s question from Kelly in San Francisco. They write, “I’ve been thinking a. Liz Weston is a writer at NerdWallet.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. We regularly update this site with COVID-19 news and developments, recommendations from leading health organizations, and tools that businesses can use free of charge.

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How to Maximize the Southwest Rapid Rewards Premier Credit Card

Nerd Wallet

Ever wonder why the stock market ticker symbol for Southwest Airlines is LUV? When it launched in the late 1960s, the company’s theme was “love.” Flight attendants wore themed uniforms and handed out “love potions” (drinks) and “love bites” (peanuts). Though times have changed, there’s still a lot to love about this friendly airline. In. Kendra Collins is a writer at NerdWallet.

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Take 5 Immigration Podcast Series: Episode 14

Burr Forman

In episode 14 of the Take 5 Immigration Podcast Series, Melissa Azallion discusses international business travel to the U.S. during pandemic times. She offers helpful strategies that could apply to business travelers that are located internationally and have been restricted from entering the country. The podcast is hosted by Burr partner Melissa Azallion , from the firm’s Hilton Head office.

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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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FCC Issues Notice of Proposed Rulemaking on TCPA Exemptions

Troutman Sanders

The Federal Communications Commission (“FCC”) issued a Notice of Proposed Rulemaking (“NPRM”) regarding the amendment of the exemptions under the Telephone Consumer Protection Act (“TCPA”) allowing some entities to make calls using automated telephone dialing systems or artificial or pre-recorded voices, which could possibly include debt collection calls.

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SBA Gets More Time to Release PPP Borrower Information

Burr Forman

A United States District Judge in Washington ordered the SBA to release the names and other information of all Paycheck Protection Loan borrowers. In WP Company LLC d/b/a The Washington Post, et al., v. U.S. Small Business Administration , Civil Action No. 20-1240 (JEB) and a related case, Center for Public Integrity v. U.S. Small Business Administration , Civil Action No. 20-1614 (JEB), United States District Judge James E.

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Do We Have To Tax Student Debt Forgiveness?

Public Citizen

Student debt forgiveness is gaining traction among Democrats, with Senate Minority Leader Chuck Schumer calling on Joe Biden to forgive $50,000 of student debt via executive action during the first 100 days of his Presidency — that is, to adopt Senator Warren's plan from the primary. Last night, Jason Furman —one of President Obama's top economists—tweeted that he opposed student debt forgiveness largely because debt forgiveness could be taxable income, undermining its goals.

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Construction Input Prices 'Virtually Unchanged' in October

NACM

The common proverb, "No news is good news," rang true for the construction industry last month after the U.S. Bureau of Labor Statistics' Producer Price Index found input prices were "virtually unchanged," according to Associated Builders and Contractors (ABC). Although construction input prices increased just over 1% in October year over year (YOY.

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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.