Fri.Feb 19, 2021

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Daily Digest – February 19. Judge Dismisses Complaint Against Collector; The Right Way to Hire, Train, and Treat Employees

Account Recovery

JUDGE DISMISSES COMPLAINT AGAINST COLLECTOR FOR LACK OF SUBJECT-MATTER JURISDICTION A District Court judge in Pennsylvania has denied a collection agency’s motion to dismiss a complaint that it violated state law in Georgia and Pennsylvania as moot, instead dismissing the complaint on his own, ruling that the Court lacked subject-matter jurisdiction over the state law … The post Daily Digest – February 19.

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Why you might want to file for bankruptcy

Roths Child Law

Filing for Chapter 7 bankruptcy can be an effective way to eliminate a variety of unsecured business or personal debts. In some cases, you may receive a discharge without losing assets such as positive equity in your Tennessee home. Let’s take a look at some specific reasons why you may want to pursue a liquidation bankruptcy. Put an end to creditor collection activities.

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The Right Way to Hire, Train, and Treat Employees

Account Recovery

By now, the importance of empathy in collections has hopefully been drilled into everyone working in the accounts receivable management industry. Treating consumers with respect, dignity, and in a professional manner has become the standard for any legitimate agency that is trying to make it in this world. But are companies applying that same level … The post The Right Way to Hire, Train, and Treat Employees appeared first on AccountsRecovery.net.

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Turn Your Quarantine Clutter Into Money

Nerd Wallet

I placed more online orders than I can count in 2020. And I justified all of them. My front porch was filled with boxes containing all sorts of things: furniture (I needed to redecorate), paper towels (I needed to stock up), crafts (I needed activities), board games (more activities) and a treadmill (I needed exercise). Courtney Jespersen writes for 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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WebRecon Stats Offer Agencies Reason for Hope, Distress

Account Recovery

WebRecon’s monthly statistics outlining the number of lawsuits filed in January alleging violations of the Fair Credit Reporting Act, the Fair Debt Collection Practices Act, and the Telephone Consumer Protection Act is a classic, “good news, bad news” type of situation. The good news is that compared with the same month last year, the totals … The post WebRecon Stats Offer Agencies Reason for Hope, Distress appeared first on AccountsRecovery.net.

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Judge Dismisses Complaint Against Collector For Lack of Subject-Matter Jurisdiction

Account Recovery

A District Court judge in Pennsylvania has denied a collection agency’s motion to dismiss a complaint that it violated state law in Georgia and Pennsylvania as moot, instead dismissing the complaint on his own, ruling that the Court lacked subject-matter jurisdiction over the state law claims. A copy of the ruling in the case of … The post Judge Dismisses Complaint Against Collector For Lack of Subject-Matter Jurisdiction appeared first on AccountsRecovery.net.

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Is a JSX Private Jet Worth the Cost?

Nerd Wallet

If the allure of flying on a semi-private jet interests you, then you’ll be happy to know that this mode of travel isn’t just for the rich and famous anymore. JetsuiteX, or JSX, is an airline that offers options to fly on private planes in light of its mission to make private flying more affordable. Dustin Waller writes for NerdWallet. Email: travel@nerdwallet.com.

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Why you might want to file for bankruptcy

Roths Child Law

Filing for Chapter 7 bankruptcy can be an effective way to eliminate a variety of unsecured business or personal debts. In some cases, you may receive a discharge without losing assets such as positive equity in your Tennessee home. Let's take a look at some specific reasons why you may want to pursue a liquidation bankruptcy. Put an end to creditor collection activities.

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How to Rebook and Save When Southwest Flight Prices Drop

Nerd Wallet

Southwest Airlines is known and loved for its lack of fees. As part of the airline’s “Transfarency” policy, all Southwest passengers can check up to two bags for free and can change or cancel their flight with no fee. But, there’s one aspect of Southwest’s super-flexible change policies that’s not as well known: Southwest will. JT Genter writes for 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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How To Remove DCM Services From Your Credit Report

Better Credit Blog

Is DCM Services lowering your credit score? If DCM Services or DCM Services LLC has recently appeared on your credit report, it’s probably to collect on a delinquent account. Missed payments can result in collections accounts being added to your credit report. When this happens, your credit score could suffer. Collections also result in frequent phone calls and letters, which can impact your daily life negatively.

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Chase Sapphire Cards Offer 10X Back on Select Purchases via Chase Dining Portal (Limited Time)

Nerd Wallet

During a time when dining out has become less than ideal, Chase is giving eligible Sapphire cardholders an incentive to order in. Through June 30, 2021, the Chase Sapphire Preferred® Card and Chase Sapphire Reserve® will earn 10X points on up to $500 in combined purchases when you order takeout or make a prepaid reservation at a restaurant. Funto Omojola writes for NerdWallet.

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How to Remove FMA Alliance From Your Credit Report

Better Credit Blog

FMA Alliance is a third-party debt collector that works with companies to recover delinquent accounts from customers. They will relentlessly contact you for reimbursement and will also take a toll on your credit score. Before a debt collector can contact you for payment, they must first report the debt to the major credit bureaus. This will result in a collections account being opened under FMA Alliance’s name on your credit report.

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Who Has the Lowest Student Loan Refinance Rates?

Nerd Wallet

Key takeaways Compare rate offers from several lenders to determine which will give you the lowest rate. Borrowers with high credit scores and low debt-to-income ratios are more likely to get approved at lower rates. Don’t refinance right now if you have federal student loans; you’ll lose the interest-free forbearance benefit. The lender that has. Cecilia Clark writes for 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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Financial-Services Associations Release Principles for Financing Sustainable Low-Carbon Economy

Burr Forman

The U.S. Climate Finance Working Group released its February 18, 2021 policy statement, “Financing a U.S. Transition to a Sustainable Low-Carbon Economy.” The Working Group comprises eleven of America’s leading financial-services industry associations, broadly representing “Wall Street.”. With climate-change initiatives among the top priorities announced by the new Biden administration, the Working Group.

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Can I Consolidate Student Loans While Still in School?

Nerd Wallet

Current college students can’t consolidate their federal student loans while they’re still in school. Consolidation involves combining all of your loans into one single loan through the U.S. Department of Education. It’s a strategic move that will make payments simpler, but you won’t get a lower interest rate. However, it could lower your monthly payment.

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Financial-Services Associations Release Principles for Financing Sustainable Low-Carbon Economy

Burr Forman

The U.S. Climate Finance Working Group released its February 18, 2021 policy statement, “Financing a U.S. Transition to a Sustainable Low-Carbon Economy.” The Working Group comprises eleven of America’s leading financial-services industry associations, broadly representing “Wall Street.”. With climate-change initiatives among the top priorities announced by the new Biden administration, the Working Group.

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Labor & Employment Client Checklist 2021

Burr Forman

Transitioning into a new year can be overwhelming and hectic, especially in the middle of a pandemic. Burr & Forman’s Labor & Employment Practice Group provides this brief checklist of steps that all businesses should review to help determine which issues may impact you in 2021 and ensure that your current measures are equipped for the coming year.

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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.