Wed.Sep 07, 2022

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Appeals Court Rules Third-Party Disclosure Violations Only Apply to Consumers

Account Recovery

The Eighth Circuit Court of Appeals has upheld a lower court’s ruling in favor of a defendant that was sued by an attorney for violating the Fair Debt Collection Practices Act because he was sent a letter identifying him as the attorney for a consumer named in the letter, when, in fact, he was not … The post Appeals Court Rules Third-Party Disclosure Violations Only Apply to Consumers appeared first on AccountsRecovery.net.

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Competition and Affordability Both Down for First-Time Home Buyers

Nerd Wallet

After two long years of home sellers calling all of the shots, home buyers are eager for the housing market to tilt in their favor. But modest improvements in the number of home listings and tempered demand due to higher mortgage rates aren’t likely to put all the power in buyers’ hands anytime soon. Home. Elizabeth Renter writes for NerdWallet. Email: elizabeth@nerdwallet.com.

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24 Companies Seeking Collection Talent

Account Recovery

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant … The post 24 Companies Seeking Collection Talent appeared first on AccountsRecovery.net.

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How to Check In to a Hotel Without a Credit Card

Nerd Wallet

Traveling with a credit card has enormous benefits. Perhaps most importantly, credit cards are typically safer to carry and use than cash. If your wallet gets stolen, you can contact your bank to lock your credit card, but any cash you were carrying is likely gone forever. If your credit card is used fraudulently, you. Sally French writes for NerdWallet.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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Judge Denies MTD in FDCPA Case Over Disputed Debt

Account Recovery

A District Court judge in Washington has denied a defendant’s motion to dismiss, ruling that the plaintiff’s notification that she was disputing the debt invalidated the defendant’s representation that the plaintiff had not appeared in an underlying collection lawsuit, thus negating the Fair Debt Collection Practices Act’s one-year statute of limitations.

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Joseph Partain Joins Wakefield & Associates

Account Recovery

Aurora, CO, September 7, 2022 — Wakefield & Associates, one of the largest healthcare revenue cycle solutions companies in the nation, announced today that industry veteran Joseph Partain has joined the organization in an executive role to provide attorney-driven complex claims solutions to healthcare providers nationwide. “As one of the leading revenue cycle solutions companies in … The post Joseph Partain Joins Wakefield & Associates appeared first on AccountsRecovery.ne

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How the Hotel Worker Shortage Could Affect Your Next Stay

Nerd Wallet

There’s no shortage of complaints about hotel stays these days, and one reason why is pretty clear: Many hotels are still severely understaffed. In 2018, U.S. hotels directly employed more than 2.3 million people, according to an Oxford Economics study funded by the American Hotel & Lodging Association Educational Foundation. But the AHLA forecasts that.

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Local Government Considers Ordinance to Buy, Forgive Residents’ Unpaid Medical Debts

Account Recovery

For what is believed to be the first time, a local government is looking to buy up the unpaid medical debts of tens of thousands of its citizens so the debts can be written off and forgiven. The Who, What, When, Where, and How: The city council of Toledo, Ohio is set to vote as … The post Local Government Considers Ordinance to Buy, Forgive Residents’ Unpaid Medical Debts appeared first on AccountsRecovery.net.

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Forming an LLC in California: A Step-by-Step Guide

Nerd Wallet

There are nearly 4 million small businesses in California, making the state a leader in entrepreneurship. A large percentage of California businesses are limited liability companies (LLCs). LLC is a popular type of business entity structure among small-business owners because it offers a combination of flexibility, legal protections and tax advantages.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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Daily Digest – September 7. Appeals Court Rules on Third-Party Disclosures; Local Gov’t Looking to Buy, Forgive Medical Debt

Account Recovery

APPEALS COURT RULES THIRD-PARTY DISCLOSURE ONLY APPLIES TO CONSUMERS The ruling from the Eighth Circuit Court of Appeals upholds a lower court’s ruling that an attorney who inadvertently received a letter to someone who wasn’t his client can not sue for a third-party disclosure violation under the FDCPA. The Court did rule that the letter … The post Daily Digest – September 7.

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Best Credit Cards for Electric Vehicle Owners

Nerd Wallet

In response to electric vehicles’ growing popularity, credit card issuers have begun offering rewards at charging stations, which are often equal to what you’d get for filling up on gas. It’s likely that the number of EVs on American roads will continue to increase due to recent policy measures. California plans to ban the sale. Jae Bratton writes for NerdWallet.

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Small Businesses in Europe relying on loans due to late payments

UK debt collections

SMEs and Small Businesses in Europe are suffering from significant late payment issues. But this is down to lack of understanding of the processes involved, says new research from Vodeno. The company commissioned an independent survey among 2,004 senior decision-makers in SMEs across the UK (504), Belgium (500), France (500) and the Netherlands (500).

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JetBlue and Emirates Are Ending Their Mileage Partnership

Nerd Wallet

Just over a year after expanding their partnership, JetBlue and Emirates are now terminating it completely. The change goes into effect Oct. 30, 2022, when travelers will no longer be able to earn reciprocal miles or use Emirates Skywards miles to book JetBlue flights. Here’s what you need to know about the end of the. JT Genter writes for NerdWallet.

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Agent Tooling: Connecting AI to Your Tools, Systems & Data

Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.

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Even in a Crisis, the Best Collections Strategy Is to Avoid Collections

Fico Collections

Home. Blog. FICO. Even in a Crisis, the Best Collections Strategy Is to Avoid Collections. With as much as 50% of consumers experiencing financial difficulty soon, it's time to review your early and pre-collections strategy and processes. FICO Admin. Tue, 07/02/2019 - 02:45. by Bruce Curry. Senior Principal Consultant. expand_less Back To Top. Wed, 09/07/2022 - 09:50.

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The Guide to AmEx Purchase Protection

Nerd Wallet

From porch pirates to Murphy’s law, a lot can go awry between the time you buy an item and make use of that purchase. Thankfully, many credit cards offer so-called “purchase protection” that covers theft, damage and loss within a set time after purchase. For example, if you have an American Express card, the chances. JT Genter writes for NerdWallet.

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Standing Room Only – Eighth Circuit Holds that Non-Consumer Attorney Lacks Standing to Bring FDCPA Claim

Burr Forman

In Magdy v. I.C. Sys., Inc. , No. 21-3010, 2022 WL 4075764, at *1 (8th Cir. Sept. 6, 2022), the Eighth Circuit Court of Appeals, faced with a matter of first impression, held that a non-consumer attorney could not bring an FDCPA claim. The facts of the case are straightforward. On July 27, 2020, Andrew Madgy (“Madgy”), a bankruptcy attorney, received a debt collection letter from I.C.

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China’s Trade Growth Weakens in August

NACM

China's exports to the U.S. fell in August for the first time since May 2020, while shipments to Russia surged, "adding to evidence that slowing economies and the war in Ukraine are shifting global trade flows along geopolitical fault lines," according to Bloomberg."China's slowdown is rippling across the world, with the weak import figures spellin.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.