July, 2022

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Mega Millions: 5 Ways to Spend a Billion Dollars

Nerd Wallet

The latest Mega Millions lottery jackpot has passed $1 billion for only the third time in the lottery game’s 26-year history. That’s, well, a lot of money. How much? Here’s one way to think about it: Let’s say you’ve just scored a dream salary of $1 million a year. Go, you! So, at that blistering.

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5 debts that are not discharged in Chapter 7

Albuquerque Law

Filing bankruptcy is an option that many people in New Mexico choose to help them manage their debts and gain a fresh financial start. This fresh start is often made possible with the discharge, where the court eliminates your debts. However, a Chapter 7 bankruptcy does not discharge all debts.

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Complaint Accuses Collector of Incorrectly Noting Account was Disputed

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.

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Do not put off hiring a collection agency this year

American Profit

Our economy is changing, and you need to be ready! If your business has thought about hiring a collection agency to improve cash flow, but has never made a firm decision, you’ll want to listen up.

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Connect, Care, Convert: Secrets to Establishing Trust with Niche Markets and Turning Them Into Clients

Speaker: Lynnette Khalfani-Cox, The Money Coach®

Lynnette Khalfani-Cox, The Money Coach, is here to give you insights into the consumer mindset along with proven strategies for nurturing trust and client-building in underserved markets.

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What Business Leaders Can Do To Survive an Economic Downturn

Enterprise Recovery

Business leaders have long known that the economy was going into a recession. It's important to prepare a business for any economic challenge , whether it's externally or internally driven. With accelerated technology and startup growth, eventually, there will be a slowdown.

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TV stars company collapses due to unpaid debts

UK debt collections

Former Emmerdale TV soap Star Danny Miller has had his company put into liquidation due to a series of unpaid debts. The performing arts company Cannon Professional Acting company owing a whopping £117,528 of unpaid debts.

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Setting up your child's first bank account

Kasasa

When the topic of financial literacy pops up, we often think of learning about the ideas of principal, earning interest, and managing money. Those are good lessons to learn and skills to have.

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Daily Digest – July 29. Complaint Accuses Collector of Noting Account was Disputed; Financial Situation Getting Worse for Consumers

Account Recovery

COMPLAINT ACCUSES COLLECTOR OF INCORRECTLY NOTING ACCOUNT WAS DISPUTED A complaint has been filed in federal court in the District Court for the Eastern District of California, accusing a collector of violating the Fair Debt Collection Practices Act by allegedly incorrectly marking an account as disputed after receiving a letter from the plaintiff.

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4 little known benefits of using a debt collection agency

American Profit

When running any type of business, you are obviously dealing with clients and customers who ultimately need to pay you for your goods and services.

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Successful Change Management with Enterprise Risk Management

Speaker: William Hord, Vice President of ERM Services

Join us as we discuss the various tangents of data and the change management process that will help you make better risk-based business decisions to save time and money for your organization.

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How to Work with Enterprise Recovery When Clients Don't Pay

Enterprise Recovery

When you've exhausted time and resources chasing down an unpaid invoice, it's time to send that invoice to third-party collections. If the client isn't responsive to your efforts to connect or they're refusing to pay or cannot pay, it's time to send the account to third-party collections.

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Can you protect your home in a Tennessee Chapter 7 bankruptcy?

Roths Child Law

Most individuals considering bankruptcy will either file for Chapter 7 or Chapter 13 bankruptcy. Those with income low enough to pass the Tennessee means test given their household size may consider Chapter 7 proceedings because they are fast and relatively effective at eliminating unsecured debt.

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CFPB Fines U.S. Bank $37.5 Million for Illegally Exploiting Personal Data to Open Sham Accounts for Unsuspecting Customers

Consumer Finance

Today, the Consumer Financial Protection Bureau (CFPB) took action against U.S. Bank for illegally accessing its customers’ credit reports and opening checking and savings accounts, credit cards, and lines of credit without customers’ permission.

Banks 108
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How to avoid overpaying for a hotel

Kasasa

All of us love traveling, especially just the getting-away-from-it-all part of the vacation. When it comes to the cost, it is always better to spend extra on memorable souvenirs or a special dinner at a local restaurant than on hotel add-ons. But how do avoid overpaying and enjoy your stay?

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How Preparation and Strategy Can Be Used to Fight and Defeat Any Ransomware Attack

Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP

Through a detailed analysis of major attacks and their consequences, Karl Camilleri, Cloud Services Product Manager at phoenixNAP, will discuss the state of ransomware and future predictions, as well as provide best practices for attack prevention and recovery.

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Appeals Court Vacates Certification, Settlement in TCPA Case

Account Recovery

The Court of Appeals for the Eleventh Circuit has vacated a lower court’s approval of class certification in a Telephone Consumer Protection Act case, ruling that some of the named plaintiffs in the class did not have standing to sue in federal court.

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Advice for Renters Priced Out of Homebuying

Nerd Wallet

Today’s housing market can feel like a dream killer. Rising mortgage rates, high home prices and a shortage of properties for sale deliver a one-two-three punch. If you’ve been knocked out of one too many deals and need a timeout, here’s how to regroup and keep the homeownership dream alive.

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What's the Difference Between Accounts Receivable and Collections?

Enterprise Recovery

The process of collecting what's due from customers can go by several names. Accounts receivable, receivables, A/R, accounts receivable collections, debt collections, and more. Not to be confused with accounts payable, which is a different part altogether.).

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Enforcing a CCJ – What are the options?

UK debt collections

Obtaining and enforcing a CCJ may seem straight forward but that is not always the case. A CCJ ratifies a debt and makes it official that the debtor owes money and it must be repaid.

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Mandatory COVID Vaccination Policy Template

The federal government is developing a rule requiring employers with more than 100 employees ensure their workers are vaccinated or produce a negative COVID test weekly before entering the workplace. So, what can your organization do to prepare? Get Paycor’s COVID Vaccination Policy Template to help communicate important details to your employees.

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Federal Regulators Fine Bank of America $225 Million Over Botched Disbursement of State Unemployment Benefits at Height of Pandemic

Consumer Finance

The Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency (OCC) have fined Bank of America $225 million for botching the disbursement of state unemployment benefits at the height of the pandemic.

Banks 107
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How to grow wealth and shake up your financial strategy

Kasasa

It's no secret that the banking industry has transformed since the global financial crisis of 2008. The revelation of the dangers of too much debt and too little regulation required banks — and the regulators that monitor them — to find new ways to offer products and services to consumers.

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Judge Denies MTD in FDCPA Case Over Collection Fee

Account Recovery

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How to Book a Flight That (Likely) Won’t Get Canceled

Nerd Wallet

Flight delays and cancellations are uncomfortably frequent right now. In fact, the on-time arrivals rate thus far in 2022 among U.S. airports hasn’t been this low since 2014, according to the Bureau of Transportation Statistics.

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Who's Buying? Knowing the Decision Makers For Your B2B Startup

Enterprise Recovery

You can't build your business or do effective marketing unless you know who you're selling to. These initial decisions will guide your sales and marketing team to be its most successful and scale your company faster. Do you know who's going to be buying your goods or services?

Startups 161
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What Is a Personal Guarantee in Bankruptcy?

Sawin & Shea

A common question we receive from those considering bankruptcy is how it impacts personal guarantees.

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CFPB Sues ACE Cash Express for Concealing No-Cost Repayment Plans and Improperly Withdrawing Consumers’ Funds

Consumer Finance

The Consumer Financial Protection Bureau (CFPB) filed a lawsuit today accusing payday lender ACE Cash Express of concealing free repayment plans from struggling borrowers.

Lender 104
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6 Tips to make your camping trip even cheaper

Kasasa

If you are prepping for your next outdoor adventure or considering the relaxing benefits of taking to the forest for a few days of "roughing it," you'll figure out that there are several costs associated with getting away from it all.

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Report Analyzes Garnishment Data to Lobby N.Y. Governor to Sign Anti-Garnishment Bill into Law

Account Recovery

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Business Inspiration: Selling Direct-to-Consumer Custom Fashion

Nerd Wallet

When you see one of Ramon Smothers’ custom-made suits, there’s no mistaking it for an off-the-rack design. As the owner of Legacy Lapels, he’s made a business out of making people look good.

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