Sat.Oct 02, 2021 - Fri.Oct 08, 2021

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Judge Dismisses FDCPA Case for Lack of Standing

Account Recovery

Courts within the Seventh Circuit continue to attack the issue of standing in Fair Debt Collection Practices Act cases, this time dismissing a case because a plaintiff was confused about the amount that was owed after receiving a collection letter, because the plaintiff never made any attempt to pay the debt, and that decision to … The post Judge Dismisses FDCPA Case for Lack of Standing appeared first on AccountsRecovery.net.

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Call Scripts for Successful A/R & Collections Specialists

Enterprise Recovery

When your business needs to make a call to get invoices paid, make sure your accounts receivable and collections specialists are using the right language and abilities. Successful calls are handled by skilled collections specialists with the qualities of persistence, confidence, great listening skills, and training. When emails aren't bringing those late payments current, these call script examples may help.

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Student Loan Forgiveness: What’s Getting Fixed?

Nerd Wallet

A limited waiver announced by the U.S. Department of Education is expected to immediately wipe the slate clean for 22,000 student borrowers seeking Public Service Loan Forgiveness and speed the process for at least 500,000 more. It’s not the broad student loan forgiveness borrowers may be dreaming of. Instead, it’s the latest example of the. Anna Helhoski writes for NerdWallet.

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Why FICO Is a Great Place to Work for Women (and Others!)

Fico Collections

At a time when the lack of diversity in many fields is making headlines, FICO has some great news to share. This year we have received two awards that recognize our focus on making FICO a fair and empowering employer. FICO has been named among America's Best Employers for Women by Forbes magazine in the Software & Services category. In addition, FICO India has been selected as winner in the category of “Excellence in (Women) Diversity and Inclusion” by India’s Bangalore Chambers of Industry an

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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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AGs File Complaint Against Slower Mail Delivery

Account Recovery

Companies in the accounts receivable management industry may have found an unlikely ally — Democratic state Attorneys General — who have filed a formal complaint seeking to order the U.S. Postal Service to obtain an advisory opinion on a plan from the Postmaster General to overhaul the service, including slower delivery of the mail. A … The post AGs File Complaint Against Slower Mail Delivery appeared first on AccountsRecovery.net.

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Mortgage Outlook: Falling Leaves, Rising Rates in October

Nerd Wallet

October mortgage rates forecast I predict that mortgage rates will rise in October. There will be ups and downs day to day, but mortgage rates will be higher at the end of the month than at the beginning of the month. (That’s assuming the debt limit will be addressed in time to avoid a government. Holden Lewis writes for NerdWallet. Email: hlewis@nerdwallet.com.

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The CARES Act, Consumer Bankruptcy, and Mortgage Servicing

Sawin & Shea

At the start of 2020, Americans and individuals all over the world were affected by the pandemic. While the government created programs to assist those financially affected—such as the CARES Act—many who were already struggling before the hit of COVID-19 fell even further into debt. Though enacting the CARES Act helped, those dealing with hefty mortgage payments and considering bankruptcy, for example, weren’t entirely clear on their options.

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Judge Recommends Lowering Plaintiff’s Fee Award by 63%

Account Recovery

In a case that was defended by Cooper Walker at Malone Frost Martin, a Magistrate Court judge in Texas has recommended reducing a plaintiff’s attorneys fee award by nearly two-thirds after a settlement was reached in a Fair Debt Collection Practices Act case. A copy of the report and recommendation in the case of Peterson … The post Judge Recommends Lowering Plaintiff’s Fee Award by 63% appeared first on AccountsRecovery.net.

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A third of SME’s worried about repaying Covid Support loans

UK debt collections

Over a third (35 per cent) of small- and medium-sized enterprises (SMEs) are concerned about their ability to start repaying Covid support loans, research has found. An EY survey of 712 UK SMEs has found 88 per cent received financial aid from lenders or the government and 51 per cent described recovering from the pandemic as one of the ‘main challenges’, indicating that they will likely require ongoing support.

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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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How Gratitude Can Help Your Financial Life

Nerd Wallet

Gratitude makes us more aware of the sources of joy, wonder and hope in our lives. Being grateful also can improve health, strengthen relationships and help us manage our money. Developing gratitude requires us to focus on what we have rather than on what we lack, says Meghaan Lurtz, a senior research associate with financial. Liz Weston writes for NerdWallet.

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CFPB Takes Action Against American Advisors Group for Deceptively Marketing Reverse Mortgages to Consumers

Consumer Finance

The Consumer Financial Protection Bureau (CFPB) today filed a complaint and proposed consent order alleging that American Advisors Group (AAG) used inflated and deceptive home estimates to lure consumers into taking out reverse mortgages.

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USPS Rolling Out New Financial Services; Bill Payment Option on the Menu

Account Recovery

For all the talk about moving debt collection and paying bills into the 21st century by allowing consumers to communicate via text messaging and pay bills using apps like Venmo, a published report is touting the expanding presence of an old school brick-and-mortar building — the post office — as a financial services hub for … The post USPS Rolling Out New Financial Services; Bill Payment Option on the Menu appeared first on AccountsRecovery.net.

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PDCflow Releases Support for Zero Cost Processing to Merchants

PDC Flow

Ogden, Utah – PDCflow, in partnership with a leading Merchant Service Provider (MSP), now supports the ability to reduce costs while collecting online credit card payments with Zero Cost Processing. Through this feature, merchants can charge consumers a Technology Fee for the hardware, software and security for online transactions, replacing the traditional MSP billing structure.

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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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The Best Airlines for Traveling With Your Pet

Nerd Wallet

If you’re traveling with a pet for the first time (or maybe just the first time in a year), a lot has changed. Some airlines that used to happily ship your pet in cargo will transport them no more. Your emotional support animal likely can no longer fly for free. COVID-19 upended many facets of. Sally French writes for NerdWallet. Email: sfrench@nerdwallet.com.

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How to Manage Your Debt Before Buying a House

Credit Corp

Buying a house and getting a mortgage is a big investment– and not only for you. When you choose a mortgage lender and are approved for your home loan, your lender is agreeing to lend you all funds necessary to cover your home purchase. Because a house is a high-cost purchase, lenders want to guarantee that you’re not a “risky borrower.” Lenders want to know that you’ll be able to make your monthly payments on time and in full.

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FCC Releases Pricing for Reassigned Number Database

Account Recovery

The Federal Communications Commission has announced the pricing structure for its Reassigned Number Database, which will attempt to inform callers, including those in the accounts receivable management industry, whether a consumer’s cell phone number has been disconnected or reassigned. Prices will range between $10 and $35,100 per month, depending on the number of inquiries that … The post FCC Releases Pricing for Reassigned Number Database appeared first on AccountsRecovery.net.

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The Essential Property Management Tool: Background Screening

Micro Bilt

It’s well known that owning real estate is one of the most efficient ways to increase your net worth. However, managing properties isn’t always a straightforward process. Background screening is a property management tool that simply can’t be overlooked. Let’s take a look at everything you need to know about it.

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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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How to Get the Best Amazon Black Friday 2021 Deals

Nerd Wallet

NerdWallet is here to help you win Black Friday, while leaving your budget intact. We spend the time, you save the money. Visit regularly for holiday shopping tips and announcements about your favorite retailers. Black Friday is Nov. 26. Amazon Black Friday deals have launched. The retailer announced overnight on Oct. 4 that it was. Hal M. Bundrick, CFP writes for NerdWallet.

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Top 10 Airbnb Alternatives

Credit Corp

This article originally appeared on Arrest Your Debt and has been republished here with permission. . Traveling and exploring places has been every individual’s desire to express both happiness and sadness. In this modern world, the growth of technology has brought the possibility of getting things done right from where we are. . The modernization has made not just travel but also all the variants related to it very seamless.

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FTC Sends $800k to Consumers Victimized in Bogus Collection Scam

Account Recovery

The Federal Trade Commission announced yesterday that it is returning nearly $800,000 to consumers who were victimized by Hylan Asset Management and its owners, which collected $24 million during the four years it was allegedly buying and selling fake debt portfolios. The defendants surrendered assets and funds to the FTC and agreed to be permanently … The post FTC Sends $800k to Consumers Victimized in Bogus Collection Scam appeared first on AccountsRecovery.net.

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Illinois, We Have a Problem: Judge Refuses to Dismiss IRPA Privacy Claim Against RocketReach

Troutman Sanders

A U.S. district judge in Illinois recently denied a motion to dismiss in a class action involving an alleged violation of the Illinois’ Right of Publicity Act (IRPA). The court determined that the defendant’s arguments were more suitable for an affirmative defense and was unpersuaded by any of the arguments. In Krause v. RocketReach LLC , named plaintiff Krause argued her image was used in violation of her IRPA rights.

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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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7 Ways to Make More Confident COVID-Era Business Decisions

Nerd Wallet

Running a business is inherently stressful. But labor shortages, vaccine protocols and shifts to remote work may be taking that stress to new heights — especially for small-business owners managing these complexities in their workplaces. Here are some ways two experts say small-business owners can ease that COVID-era decision-making anxiety. 1. Be consistent and document.

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10 Things to Do If You Lost Your Job and Need Money Now

Credit Corp

This article originally appeared on Wallet Squirrel and has been republished here with permission. We all have the stress nightmare where your boss comes out of the blue and says “You’re fired.” That’s it, and we spend the rest of the night in a panic. The problem is if it did actually ever happen, most of us don’t have a plan in case we do get fired.

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Ontario Systems Announces Rebranding, Name Change

Account Recovery

After more than 40 years as Ontario Systems, the company rebranded itself yesterday, announcing it will be known as Finvi (pronounced fin-v?) and launching a new website and new logo. “I hope you share our excitement as we evolve our brand and reaffirm our commitment to delivering the most innovative solutions to help you advance … The post Ontario Systems Announces Rebranding, Name Change appeared first on AccountsRecovery.net.

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JPML Articulates Limitations for Consolidation in Geico Data Breach Litigation

Troutman Sanders

Despite overlap of alleged putative nationwide class definitions, the Judicial Panel on Multidistrict Litigation (JPML) denied Geico’s attempt to consolidate five class-action lawsuits arising from a data breach notification published in April 2021 (impacting a reported 132,000 individuals). The JPML’s decision might set a precedential limit for transfer and consolidation of smaller data breach class-action lawsuits moving forward.

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Operational Strength Starts with People: The New Rules of Finance Leadership

Speaker: Melissa Hurrington

What’s holding finance teams back isn’t just process inefficiency. It’s culture gaps, reactive mindsets, and missed opportunities to lead real change. In an era of disruption, finance leaders can no longer afford to operate on autopilot and the most resilient teams aren’t just efficient—they’re connected, talent driven, and culture-focused. Join Melissa Hurrington for an exploration into how finance leaders can evolve beyond process and numbers to create adaptive, people-powered teams that thriv