Tue.Jan 10, 2023

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Complaint Accuses Collector of Violating Reg F’s Debt Parking Provisions

Account Recovery

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call … The post Complaint Accuses Collector of Violating Reg F’s Debt Parking Provisions first appeared on AccountsRecovery.net.

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6 Ways to Set Financial Boundaries

Nerd Wallet

Tiffany Curtis writes for NerdWallet. Email: tcurtis@nerdwallet.com. The article 6 Ways to Set Financial Boundaries originally appeared on NerdWallet.

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FCC Chair Calls on Congress for Help Redefining ATDS, Right to Collect

Account Recovery

The chair of the Federal Communications Commission has asked Congress to “fix” the definition of an automated telephone dialing system because the current definition may be the reason why the number of robotexts is increasing, and wants to be able to collect on the fines it assesses, according to a letter sent to a number … The post FCC Chair Calls on Congress for Help Redefining ATDS, Right to Collect first appeared on AccountsRecovery.net.

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CFPB Proposes Rule to Establish Public Registry of Terms and Conditions in Form Contracts That Claim to Waive or Limit Consumer Rights and Protections

Consumer Finance

Today, the Consumer Financial Protection Bureau (CFPB) proposed a rule to establish a public registry of supervised nonbanks’ terms and conditions in “take it or leave it” form contracts that claim to waive or limit consumer rights and protections, like bankruptcy rights, liability amounts, or complaint rights.

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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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Appeals Court Overturns Own Precedent in BK Case

Account Recovery

The Court of Appeals for the Seventh Circuit has overturned a bankruptcy court’s decision and remanded a case with instructions to resolve claims from the bankruptcy trustee on the merits after a collection agency garnished an individual’s wages and seized $3,700 within the 90 days before the individual filed for bankruptcy protection. In issuing its … The post Appeals Court Overturns Own Precedent in BK Case first appeared on AccountsRecovery.net.

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Action Collection Agencies, Inc. appoints Candice E. O’Brien as Executive Vice President/Chief Operations Officer

Account Recovery

Middleboro, MA, January 9, 2023 – Action Collection Agencies, Inc. (ACA) in Middleboro, MA has appointed Candice E. O’Brien as its Executive Vice President/Chief Operations Officer overseeing the operations of its first and third party collections services. “I have known Candice as an industry colleague and formidable competitor for well over two decades,” said Jay E.

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CFPB Takes Action to Halt Debt Collection Mill From Bombarding Consumers with Junk Lawsuits

Consumer Finance

The Consumer Financial Protection Bureau (CFPB) has reached a settlement in its lawsuit against law firm Forster & Garbus, LLP for illegal debt-collection practices.

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Daily Digest – January 10. Complaint Accuses Collector of Violating Debt Parking Provisions; Appeals Court Overturns Own Precedent

Account Recovery

COMPLAINT ACCUSES COLLECTOR OF VIOLATING REG F’S DEBT PARKING PROVISIONS An individual who was allegedly the victim of identity theft has filed a lawsuit against a defendant for allegedly violating the debt parking provisions of Regulation F by furnishing information about the debt to the credit reporting agencies without first attempting to notify the plaintiff … The post Daily Digest – January 10.

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5 Ways to Position Your Pocketbook for an Uncertain 2023

Nerd Wallet

Erin El Issa writes for NerdWallet. Email: erin@nerdwallet.com. The article 5 Ways to Position Your Pocketbook for an Uncertain 2023 originally appeared on NerdWallet.

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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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FTC Seeks to Ban Non-Compete Clauses

Account Recovery

The Federal Trade Commission has proposed a rule that would ban the use of non-compete clauses in employment contracts, which affect as many as 18% of all workers in the United States. Non-compete clauses suppress wages, hamper innovation, and block entrepreneurs from starting new businesses, the FTC argues, and getting rid of them could increase … The post FTC Seeks to Ban Non-Compete Clauses first appeared on AccountsRecovery.net.

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Why Bank of America Customized Cash Is Best for 0% APR on Purchases in 2023

Nerd Wallet

Paul Soucy writes for NerdWallet. Email: paul@nerdwallet.com. Twitter: @paulsoucy. The article Why Bank of America Customized Cash Is Best for 0% APR on Purchases in 2023 originally appeared on NerdWallet.

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Need efficiency in your organisation? The answer: Financial Shared Service Centres

On Guard

A Shared Service Centre is a phenomenon that has been around since the 1980s. PostNL was one of the first organisations to set up a centralised administration department. This way of pooling facilities is back in full swing. In this article, we will delve deeper into FSSCs: Financial Shared Service Centres. In a world that is all about efficiency in work processes, optimising your organisational structure is an essential process.

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How to Give Cryptocurrency as a Gift

Nerd Wallet

Dalia Ramirez writes for NerdWallet. Email: dramirez@nerdwallet.com. The article How to Give Cryptocurrency as a Gift originally appeared on 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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La CFPB Propone Normas para Establecer un Registro Público de Términos y Condiciones en las Formas de Contratos que Puedan Escindir o Limitar los Derechos y Protecciones al Consumidor

Consumer Finance

La CFPB propone normas para establecer un registro público de los términos y condiciones ofrecidos en contratos “tómelo o déjelo por entidades no bancarias.

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Best Credit Cards of 2023: Meet the New Champions and Who They Beat

Nerd Wallet

Craig Joseph writes for NerdWallet. Email: cjoseph@nerdwallet.com. The article Best Credit Cards of 2023: Meet the New Champions and Who They Beat originally appeared on NerdWallet.

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New York Enacts Foreclosure Abuse Prevention Act

Troutman Sanders

On December 30, 2022, New York Governor Kathy Hochul signed the Foreclosure Abuse Prevention Act (FAPA) into law. The legislation remained unchanged from its passing back in May 2022 despite many industry experts expecting Governor Hochul to amend certain portions, including its retroactive effect. The FAPA, however, which takes effect immediately, applies retroactively and effectively overturns the New York court of appeals’ decision in Freedom Mortgage Corporation v.

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Mobile Passport vs. Global Entry

Nerd Wallet

Ramsey Qubein writes for NerdWallet. Email: travel@nerdwallet.com. The article Mobile Passport vs. Global Entry originally appeared on NerdWallet.

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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.

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Depositions In a Debt Collection Case

FFGN COLLECT NY

Depositions are usually called “EBTs,” or examinations before trial. In a commercial debt collection case, depositions usually consist of one party’s attorney deposing a representative of each side that has personal knowledge of the transaction between the parties. The purpose is for each side to obtain follow-up answers that usually yield more important information about the facts of the case.

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How to Get Car Insurance Without a License

Nerd Wallet

Ryan Brady writes for NerdWallet. Email: rbrady@nerdwallet.com. Twitter: @reallyryanbrady. The article How to Get Car Insurance Without a License originally appeared on NerdWallet.

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“Owner’s Representatives” May Not Be Required to Have a Contractor’s License, if They Follow the Rules

Jimerson Firm

In construction projects, the owner sometimes hires a person or entity to act as the owner’s representative to facilitate the project and act as the point of contact in a representative or agency capacity on the owner’s behalf. These owner’s representatives may oversee the design and construction work, and deal directly with the contractors actually performing the work.

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Hawaiian Airlines Status Match: How to Request It

Nerd Wallet

June Casagrande writes for NerdWallet. Email: travel@nerdwallet.com. The article Hawaiian Airlines Status Match: How to Request It originally appeared on NerdWallet.

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Future-Proof Your Firm: Smarter Tech for Stronger Returns & Simpler Workflows

Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!

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Tips for a Successful Rezoning

Jimerson Firm

Often times, new and/or inexperienced real estate investors will purchase a piece of real estate with the thought that the property can be easily rezoned to accomplish whatever new development the investor desires. Unfortunately, people come to the quick understanding that securing a successful property rezoning is anything but a simple process, and not all applications will be approved.

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California Federal Court Denies Class Certification for Inadequate Plaintiff

Troutman Sanders

The district court for the Northern District of California recently granted a motion to deny class certification in an action brought under the Telephone Consumer Protection Act (TCPA) based on the plaintiff’s inability to vigorously represent the class. In Trim v. Mayvenn, Inc. , the named plaintiff alleged that, although she registered her cell phone number on the National Do Not Call Registry (NDNC Registry), Mayvenn sent two text messages to that number without her consent.

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Financial Shared Service Centres for efficiency in your organisation

On Guard

A Shared Service Centre is a phenomenon that has been around since the 1980s. PostNL was one of the first organisations to set up a centralised administration department. This way of pooling facilities is back in full swing. In this article, we will delve deeper into FSSCs: Financial Shared Service Centres. In a world that is all about efficiency in work processes, optimising your organisational structure is an essential process.

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Top 5 Fraud Posts for 2022: Scams, Contactless and Money Mules

Fico Collections

Home. Blog. FICO. Top 5 Fraud Posts for 2022: Scams, Contactless and Money Mules. In a year that saw the word "scamdemic" coined, scams such as authorised push payment fraud were top of mind, along with various other fraud schemes. FICO Admin. Tue, 07/02/2019 - 02:45. by FICO. expand_less Back To Top. Tue, 01/10/2023 - 11:30. Few things change faster in the financial services space than fraud trends.

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How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?