Mon.Oct 05, 2020

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Compliance Digest – October 5

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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For the X1 Card, Credit Scores Take a Back Seat to Income

Nerd Wallet

A new alternative credit card is expected to hit the market this winter, and as with many of those nontraditional products, it’s not planning to fuss much over your credit history. Instead, the X1 Card vows to place more value on your income when evaluating creditworthiness, which is rare. But rarer still is the fact. Melissa Lambarena is a writer at NerdWallet.

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Utility Debt Skyrocketing And Millions Face Shutoffs as Moratoriums End

Account Recovery

The number of individuals who are falling behind on their utility bills is skyrocketing, according to an analysis conducted by the National Energy Assistance Directors’ Association, especially as moratoriums that have been put into place during the coronavirus pandemic are expiring. On July 31, the estimated amount that was owed by individuals who had fallen … The post Utility Debt Skyrocketing And Millions Face Shutoffs as Moratoriums End appeared first on AccountsRecovery.net.

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Mortgage Outlook: A Pre-Election Pause for October Rates?

Nerd Wallet

October mortgage rates forecast Mortgage rate trends have been predictable in October in recent presidential election years: Rates stood still as the mortgage industry held its breath, awaiting the result of the balloting. That has been the pattern in the run-ups to the last two elections. In 2016, the 30-year fixed showed little movement in. Holden Lewis 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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Report Spotlights Resumption of Collection Lawsuits Being Filed Against Consumers

Account Recovery

A report from ProPublica will start making the rounds this morning, spotlighting the number of lawsuits being filed by debt buyers and debt collectors in the past couple months as the economy and country continue to grapple with the coronavirus pandemic. The report claims that debt buyers are accounting for more than 25% of all … The post Report Spotlights Resumption of Collection Lawsuits Being Filed Against Consumers appeared first on AccountsRecovery.net.

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Daily Digest – October 5. Judge Grants MTD in TCPA ATDS Case; Report Spotlight Resumption of Collection Lawsuits

Account Recovery

JUDGE GRANTS MTD, SAYS ATDS PROVISION UNCONSTITUTIONAL FOR CALLS MADE BEFORE JULY SCOTUS RULING A District Court judge in Louisiana has granted a defendant’s motion to dismiss after it was sued for violating the Telephone Consumer Protection Act by making calls to individuals’ cell phones using an automated telephone dialing system, saying that any such … The post Daily Digest – October 5.

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How Google’s New Search Features Help You Plan Pandemic-Era Travel

Nerd Wallet

At a time when travel is fraught with cancellations, frequent changes and the need to socially distance, Google has added some helpful features to its travel platform. New search filters, local data and updated information on travel restrictions aim to help travelers get around safely and avoid unpleasant surprises. Here’s a rundown of Google’s new.

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Judge Dismisses TCPA Suit, Says ATDS Provision Unconstitutional For Calls Made Before July SCOTUS Ruling

Account Recovery

A District Court judge in Louisiana has granted a defendant’s motion to dismiss after it was sued for violating the Telephone Consumer Protection Act by making calls to individuals’ cell phones using an automated telephone dialing system, saying that any such call made before July 6 — when the Supreme Court ruled in Barr v. … The post Judge Dismisses TCPA Suit, Says ATDS Provision Unconstitutional For Calls Made Before July SCOTUS Ruling appeared first on AccountsRecovery

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Bill Proposes Sweeping Changes to Protect Workers in Chapter 11

PBWT

On September 29, 2020, the House Judiciary Committee advanced H.R. 7370, Protecting Employees and Retirees in Business Bankruptcies Act of 2020, a Democrat-sponsored bill, to the full chamber. If enacted into law, the bill would usher in considerable changes in commercial bankruptcy cases, including in the areas of executive compensation, employee and retiree benefits, and confirmation of a Chapter 11 plan.

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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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Why the New Aeroplan Program Is Great for Families

Nerd Wallet

Out with the old and in with the new. That’s what Air Canada is doing with its mileage program on Nov. 8, 2020. Though it will keep the Aeroplan name, much of Air Canada’s loyalty program is being revamped. We broke down what you need to know about the new Aeroplan program here. But as. JT Genter is a writer at NerdWallet. Email: travel@nerdwallet.com.

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How To Remove Penn Credit from Your Credit Report

Better Credit Blog

Has your credit score recently taken a dive as a result of a collections entry from Penn Credit? If you forgot to pay a bill or you’ve gotten behind on payments to a lender or service provider, it can have some nasty effects on your credit. Avoiding the problem won’t make it go away, but paying your debt won’t necessarily solve anything, either. Instead, you should try one of the approaches featured below to get Penn Credit Corporation off your credit report and out of your hair, boosting your s

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7 Tips for Couples to Maximize Travel Rewards

Nerd Wallet

Whether you’re looking to save money on a once-in-a-lifetime honeymoon, to travel the world or to just book a weekend getaway, investing time with your partner to learn about travel programs and credit cards can pay dividends. Here are seven tips to help you maximize your travel rewards journey as a duo. 1. Set specific. Keith M. Rosso is a writer at NerdWallet.

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Take 5 Immigration Podcast Series: Episode 11

Burr Forman

In episode 11 of the Take 5 Immigration Podcast Series, Melissa discusses the E2 Investor Visa that businesses should consider and the certain requirements that must be met. She dives into the visa considerations and discusses the eligibility, petition process, expiration period, and family considerations. The podcast is hosted by Burr partner Melissa Azallion , from the firm’s Hilton Head office.

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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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Cash Management Accounts vs. Brokerage Accounts: How They Compare

Nerd Wallet

If you’re interested in the stock market, chances are you’ve heard of brokerages like Wealthfront, SoFi Money and Robinhood. And over the past year or two, more of these firms have begun offering cash management accounts as well as investment accounts. So what’s the difference between the two types of accounts? It lies in whether. Chanelle Bessette is a writer at NerdWallet.

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Phase 3 Provider Relief Funds Announced by HHS

Burr Forman

Providers can apply for Phase 3 funds between October 5, 2020 and November 6, 2020. . On October 1, 2020, the Department of Health and Human Services (“HHS”) announced an additional $20 billion in funding for healthcare providers to assist with losses and changes in operating expenses caused by the current COVID-19 pandemic. This additional funding is a result of the CARES Act and the Paycheck Protection Program and Health Care Enhancement Act.

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Smart Money Podcast: Unequal Employment Recovery, and the Case for Used Cars

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 a new NerdWallet study showing not all workers are experiencing the same recovery from high unemployment levels. Then we pivot to this week’s question from Irmeen, who asks, “Is it better to buy a. Liz Weston is a writer at NerdWallet.

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Voting Leave Laws

Burr Forman

Do you know what your state requires when it comes to allowing employees time off to vote? Find out which states require voting leave and what employer actions might interfere with employees’ voting rights. . With the upcoming election, employers may be wondering whether they must allow employees time off from work to vote. Although there is no federal requirement here, many states provide some type of voting leave.

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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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How the Law Offices of Alan M. Cohen LLC Can Help With Debt Recovery of Your B2B Debt Collections

Collections Law

For companies dealing with other business entities, debt recovery for services rendered can prove a difficult task. When your business model relies on other companies paying you for a product or service, and one of your clients becomes delinquent on payments or outright refuses to pay what you are owed, it can jeopardize your entire company. When faced with this dilemma, don’t further waste your time and efforts chasing your debtor, spend your time making money and leave your bad debt recovery t

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Six Personal Finance Books to Change Your Life During Quarantine

Direct Recovery

Remember back in March when we all thought this pandemic thing was only going to inconvenience our lives for a few weeks? Well, that came and went. So did Tiger King, The Last Dance, and about a dozen other ways to break up the monotony of spending almost all of our waking hours at home. As we roll past the six-month mark, many people across the country are starting to realize that we all could have been using more of this time to improve our lives instead of vegging out on the couch watching Ne

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The Difference Between Post Judgment Collection Attachment and Garnishment — How Both Can Benefit You in Debt Recovery

Collections Law

Hiring the debt recovery collection attorneys at the Law Offices of Alan M. Cohen LLC is the answer to one of the most challenging aspects of running a business — tracking down delinquent debtors who refuse to pay. After going through the appropriate channels to try to collect outstanding debt — to no avail, as methods such as letter writing and phone calls prove to be fruitless — the next step is turning to the debt collection lawyers at the Law Offices of Alan M.

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How To Remove AT&T Collections Agency From Your Credit Report

Better Credit Blog

AT&T Collections is one of the biggest telecom providers in the country, with phone, data, and TV packages. If you missed a phone bill or canceled your AT&T account and forgot to pay the final balance, you could be contacted by their collections department. When AT&T Collections contacts you, it can damage your credit score for years and result in a string of unwanted phone calls and letters.

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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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How Long Does a Background Check Take?

Micro Bilt

Background checks on people are often run for various reasons. Employers, landlords, banks, transportation companies, and numerous other types of businesses and organizations routinely conduct screenings before signing contracts or doing business. Many organizations do this so they can protect themselves from individuals who may not be the person they present themselves to be.

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The Difference Between Post Judgment Collection Attachment and Garnishment — How Both Can Benefit You in Debt Recovery

Collections Law

Hiring the debt recovery collection attorneys at the Law Offices of Alan M. Cohen LLC is the answer to one of the most challenging aspects of running a business — tracking down delinquent debtors who refuse to pay. After going through the appropriate channels to try to collect outstanding debt — to no avail, as methods such as letter writing and phone calls prove to be fruitless — the next step is turning to the debt collection lawyers at the Law Offices of Alan M.

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Burr’s Tom Potter and Erik Doerring Named 2021 Benchmark Litigation Stars

Burr Forman

Both Tom Potter and Erik Doerring have been recognized as distinguished litigation practitioners in the US for Benchmark Litigation. Tom was recognized as a “Benchmark Litigation Star” and Erik was recognized as a “Benchmark Litigation Future Star.” As a definitive guide to the world’s leading litigation firms and lawyers, Benchmark Litigation determines recommendations by conducting peer reviews and case examinations.

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