Tue.May 04, 2021

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ARM M&A Activity Remains Strong in 1Q: CAS

Account Recovery

The number of merger and acquisition deals in the accounts receivable management industry nearly doubled in the first quarter of 2021, compared with the same period last year, and the total deal value nearly increased by 20%, according to data released by Corporate Advisory Solutions, which released its comprehensive quarterly market insights newsletter last week. … The post ARM M&A Activity Remains Strong in 1Q: CAS appeared first on AccountsRecovery.net.

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20 Small Business Opportunities to Seize in 2021

Nerd Wallet

Perhaps you’re thinking of leaving the nine-to-five grind, or you’re simply ready to make a career change. Maybe you’re fresh out of school and ready to change the world with your entrepreneurial spirit. Whatever the reason, these days there are more ways than ever to start a business of your own. The tricky part is. Meredith Wood writes for NerdWallet.

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Hunstein-Related Class Actions Continue Piling Up

Account Recovery

The number of 1692c(b) lawsuits alleging that a debt collector communicated information with a third party in violation of the Fair Debt Collection Practices Act continues to explode in the weeks following the Eleventh Circuit Court of Appeals’s ruling in Hunstein v. Preferred Collection and Management Services. There have been 42 cases filed across the … The post Hunstein-Related Class Actions Continue Piling Up appeared first on AccountsRecovery.net.

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What to Do When You Can’t Open a Bank Account

Nerd Wallet

Signing up for a bank account is usually easy. But just as an application for a credit card might not be approved, a bank or credit union could deny an account application. If this happens to you, be aware that you have other options. However, it’s a good idea to try to learn why the. Margarette Burnette writes for NerdWallet. Email: mburnette@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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Daily Digest – May 4. Hunstein-Related Class Actions Continue Piling Up; Cordray Back in Federal Government

Account Recovery

HUNSTEIN-RELATED CLASS ACTIONS CONTINUE PILING UP The number of 1692c(b) lawsuits alleging that a debt collector communicated information with a third party in violation of the Fair Debt Collection Practices Act continues to explode in the weeks following the Eleventh Circuit Court of Appeals’s ruling in Hunstein v. Preferred Collection and Management Services.

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Judge Partially Grants MSJ for Defendant in FCRA, FDCPA Suit Over Disputed Rental Debt

Account Recovery

A District Court judge in Alabama has denied a plaintiff’s motion for summary judgment and granted a defendant’s motion on most of the claims it violated the Fair Credit Reporting Act and the Fair Debt Collection Practices Act after it attempted to collect on an unpaid debt related to an apartment rental. A copy of … The post Judge Partially Grants MSJ for Defendant in FCRA, FDCPA Suit Over Disputed Rental Debt appeared first on AccountsRecovery.net.

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What You Need to Know About Southwest’s Flights to Hawaii

Nerd Wallet

True to its name, Southwest will fly you to the most southwestern state in the U.S. The low-cost air carrier launched flights to Hawaii from the West Coast in 2019, and service to the tropical island state has only expanded since then. Whether you’re a snowbird seeking Hawaii’s seemingly eternal summer, or the kids are. June Casagrande writes for NerdWallet.

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Cordray Tapped to Run Federal Student Loan Program

Account Recovery

A familiar name is coming back to help regulate the accounts receivable management industry. Yesterday, it was announced that Richard Cordray — the former director of the Consumer Financial Protection Bureau — has been hired as the Chief Operating Office of the Department of Education’s Federal Student Aid, which oversees $1.6 trillion of student loans. … The post Cordray Tapped to Run Federal Student Loan Program appeared first on AccountsRecovery.net.

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Real Estate Transactions: How to Avoid Common Buyers’ Pitfalls

Jimerson Firm

On Tuesday, June 15, 2021 from 12:00 PM-1:00 PM, three attorneys from our Real Estate Development, Sales and Leasing team will present Real Estate Transactions: How to Avoid Common Buyers’ Pitfalls. The one-hour presentation will be followed by lunch with the presenters to allow for further discussions and networking from 1:00 PM-1:30 PM. This event is geared towards anyone involved in the purchase of land or real estate on the commercial side.

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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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Opening a Popeyes Franchise: An Overview

Nerd Wallet

Popeyes Louisiana Chicken made headlines back in 2019 when they added a chicken sandwich to their food lineup. Chicken lovers queued outside franchise locations everywhere trying to get their hands on the spicy sandwich, which actually sold out nationwide. So it’s well-documented that Popeyes has a loyal and enthusiastic fanbase. Perhaps that’s why you’re interested.

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When is it time to hire a Debt Collection Agency?

UK debt collections

The UK’s SME Businesses are suffering as a result of late payments. Covid-19 has fuelled the problem and many small businesses and medium sized enterprises are facing going bust. So when is it time for SME Owners to act? At what point do Business owners say ‘enough is enough’ The pandemic has caused many Small Business owners to avoid pushing for payment.

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Navy Federal Updates Introductory Offers for New Cardholders

Nerd Wallet

Navy Federal is changing its introductory offers for new cardholders, plus extending an existing one. The welcome offer on the Navy Federal Credit Union® More Rewards American Express® Credit Card has been slashed by more than half the value; the Navy Federal Credit Union® GO REWARDS® Credit Card has added a 0% introductory APR for. Melissa Lambarena writes for NerdWallet.

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What Bills Help Build Your Credit?

Credit Corp

You probably know that skipping bill payments can drop your credit score. The reverse is also true—paying your bills on time can positively impact your credit. But that’s only true when creditors or others report to the credit bureaus. Find out what bills help build your credit—or potentially harm your credit—below. What Bills Affect Credit Score?

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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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Sixth Circuit Allows Professor to Move Forward with Lawsuit Alleging University’s Preferred-Pronoun Policy Violates his Constitutional Rights

Fraser

In a recent case with important implications for higher education institutions, the U.S. Court of Appeals for the Sixth Circuit held that a university professor plausibly pled claims that his employer’s enforcement of its policy requiring employees to refer to students by their preferred pronouns violated his constitutional rights under the free speech and free exercise clauses of the First Amendment.

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How to Get Out of Debt: 13 Expert-Backed Steps for Success

Credit Corp

This article originally appeared on Your Money Geek and has been republished with permission. Dealing with debt can feel like a hopeless situation. You try your best to make your payments, but interest charges eat up all your progress. The next month, you’re back to square one. Sound familiar? Don’t worry: You don’t have to be stuck with debt forever.

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6 Tips to Streamline Insurance Payment on Home Damage Claims

Nerd Wallet

Maybe it’s a loud crash overhead. Maybe it’s shattering glass. Maybe it’s a steady drip of water coming down from your kitchen ceiling. For a homeowner, any of these sounds might mean that you’re about to get acquainted with the home insurance claims process. But you can’t just kick your feet up and wait for. Doug Sibor writes for NerdWallet. Email: dsibor@nerdwallet.com.

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Latest Insolvency statistics released for 2021

UK debt collections

The latest insolvency statistics have been released for Q1 2021 by the insolvency service. These provides England & Wales corporate and individual insolvency statistics, which were released yesterday. Commenting on these latest insolvency statistics is Eleanor Temple of Insolvency trade body R3. Corporate. There were 2,384 seasonally adjusted corporate insolvencies in Q1 2021, a reduction of 21.9% compared to Q4 2020’s figures of 3,053 and a fall of 38.3% compared to Q1 2020 (3,863).

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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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College-Bound Grads Could Exit With $38K Student Loan Debt

Nerd Wallet

A 2021 high school graduate who will depend on student loans to pay for college could expect to borrow $38,147 for their bachelor’s degree, according to a new NerdWallet analysis. Around 45% of 2021 high school grads may enroll in four-year colleges, based on prior years’ enrollment data. NerdWallet’s analysis of the most recent data. Erin El Issa writes for NerdWallet.

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Biden’s Jobs Plan Promises Big Investment in Entrepreneurs and Small Businesses

Prosperity Now

Second blog in a series exploring the American Jobs Plan Since passage of the latest COVID-19 stimulus bill, the American

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ADP vs. Paychex Review: Which Is Right for Your Business?

Nerd Wallet

ADP and Paychex are two of the biggest and oldest names in payroll outsourcing services. Both options provide business owners with cloud-based, fully automated payroll software, while maintaining strong, human-powered support teams — and both companies’ services also extend well beyond payroll to provide comprehensive human resources and benefits services as well.

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5 Top Questions for Accounts Receivable Collections Software

Chargent

Chargent's Automated Collections module helps you deal with the problem of failed payments. Here are our answers to the 5 most popular questions for configuring accounts receivable collections in Salesforce. The post 5 Top Questions for Accounts Receivable Collections Software appeared first on Chargent by AppFrontier.

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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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4 Best Ways to Redeem Your Choice Privileges Points

Nerd Wallet

Choice Hotels’ loyalty program doesn’t get as much attention as other hotel programs. However, you’d be unwise to ignore the Choice Privileges program completely. Thanks to Choice’s unique reward pricing system, any of the hotel brand’s 7,000 properties could end up being a sweet spot for your travels. Unlike other hotel loyalty programs, Choice Hotels.

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Ignore the Court at Your Own Peril: First Circuit Affirms Denial of Discharge Based on Debtor’s Failure to Comply with Orders of the Bankruptcy Court

PBWT

Debtors who ignore instructions from the Bankruptcy Court do so at their own peril, as a recent case from the First Circuit Court of Appeals illustrates. In In re Francis , the First Circuit reminds debtors and practitioners that “the road to a bankruptcy discharge is a two-way street, and a debtor must comply (or at least make good-faith efforts to comply) with lawful orders of the bankruptcy court.” [1] Otherwise, debtors risk dismissal of their petition and denial of a discharge.

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How to Travel to Honolulu on Points and Miles

Nerd Wallet

Honolulu is two vacation destinations in one — a vibrant, cosmopolitan city on the shores of one of the most beautiful islands on earth. Plus, your visit there doesn’t have to break the bank. If you participate in travel loyalty programs or earn rewards through a travel credit card, you can find cheap and simple. June Casagrande writes for NerdWallet.

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Announcing The Mental Health and Wealth Summit

Dear Debt

“I wish I were more confident with money…” “Money stresses me out and makes me anxious…” “I spend money to make myself feel better, but then feel worse…” “My mental… Related Posts: Join me for these money events. Come to My Money Party Tonight. My New Podcast the Mental Health and Wealth Show Is Here. Resources for Taking Care of Your Mental Health and Wealth.

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How to Attract Multiple Generations to Open New Accounts and Apply for Loans

The experiences of every generation are characterized by their behaviors involving finances. Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers. This entertaining and informative eBook will help your financial institution uncover the best practices when it comes to appealing to mass audiences.