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The leading Republican on the Senate Banking Committee is trying to get the latest eviction moratorium put in place by the Centers for Disease Control overturned, saying that the move “lacks both a legal and an economic justification.” Sen. Pat Toomey [R-Pa.], the Ranking Member of the Senate Banking Committee, sent a letter yesterday to … The post Senate Republican Working to Overturn Latest Eviction Moratorium appeared first on AccountsRecovery.net.
Since the founding of American Profit Recovery and the day we opened our doors, we have always wanted to do what was right. That includes how we can work in the best interest of the clients that hire us, the consumers that are struggling with their finances, and the overall health and effectiveness of the collection industry. We have always wanted to do our part.
While it's true that no one could have predicted the pandemic, entrepreneurs started 4 million new businesses in 2020. E-commerce and other online services saw a boom as brick-and-mortar businesses shut down. Then, just as it seems like the world would reopen, the Delta variant has business owners trying to decide what to do next. If you're wondering how to grow your business during this pandemic, keep going with these tips.
Robin DeGracia’s kids have been traveling since they were in diapers. No, really. Her son was just 3 months old when she took him on his first flight. She remembers because he was in a baby carrier and she spent a lot of time on the flight walking with him up and down the airplane. Meghan Coyle writes for NerdWallet. Email: mcoyle@nerdwallet.com. Twitter: @inkwaves.
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.
The Attorney General of Georgia has announced a settlement with a company that was accused of violating the Fair Debt Collection Practices Act and state law in Georgia that will see the company turn over $19.8 million worth of accounts and pay a fine of $41,500. A copy of the settlement can be accessed by … The post Debt Collector to Turn Over $20M in Accounts Under Settlement With Georgia AG appeared first on AccountsRecovery.net.
To appeal an issue in Florida after the conclusion of a trial, insurers must have raised that issue during the trial. This is known as preserving appellate rights. The Florida state court rules and federal rules governing the preservation of appellate rights are largely the same. However, in either jurisdiction, properly preserving your appellate rights can be tricky.
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To appeal an issue in Florida after the conclusion of a trial, insurers must have raised that issue during the trial. This is known as preserving appellate rights. The Florida state court rules and federal rules governing the preservation of appellate rights are largely the same. However, in either jurisdiction, properly preserving your appellate rights can be tricky.
In 2019, Todd Johnsen, Snap Finance’s Senior Manager of Collections Vendors, was charged with doing something that had never been done at Snap before: developing a third-party collections program. According to Johnsen, “At that time, the only recovery program for charge-off accounts was a call-and-collect settlement at tax season. I knew we could do better, but we’d have to start from scratch.
Marriott has several world-famous beach hotels, but it also has many great oceanfront properties in the U.S. you may be unfamiliar with. Whether you’re planning a family road trip, or flying from coast to coast or beyond, this guide highlights just a few of the lesser-known — but equally beautiful — hotels where Marriott Bonvoy members. Ramsey Qubein writes for NerdWallet.
Credit card lenders and financial institutions are apparently a little leery of the state of the economy and consumer’s ability to meet their financial obligations and are keeping balance limits largely stationary for the time being, except for one group of consumers — and it’s probably not the group you would guess — according to … The post Credit Card Limits Back on Rise For Most Types of Consumers: CFPB appeared first on AccountsRecovery.net.
When’s the best time to make a new financial resolution? On January 1st? On your birthday? If you need an excuse to get back on track financially, you can begin a fresh chapter on August 14th—National Financial Awareness Day. Think of National Financial Awareness day as your financial New Year. All those financial goals you’ve set? Now’s the time to put them in motion.
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.
Lenders who move for summary judgment under Florida’s new summary judgment standard will likely enjoy more favorable outcomes. The court’s more rigorous review of attempts to withstand summary judgment will change expected litigation outcomes, impact litigation strategy, and largely benefits lenders. How Does Florida’s New Summary Judgment Standard Differ From Its Old Summary Judgment Standard?
As your financial and professional lives become more complex, going it alone will only get you so far. We all need advice, encouragement and a sounding board from time to time. Leaning on family and friends can help, but it can be difficult for loved ones to give you objective advice. That’s why you need. Kelsey Sheehy writes for NerdWallet. Email: ksheehy@nerdwallet.com.
DEBT COLLECTOR TO TURN OVER $20M IN ACCOUNTS UNDER SETTLEMENT WITH GEORGIA AG The Attorney General of Georgia has announced a settlement with a company that was accused of violating the Fair Debt Collection Practices Act and state law in Georgia that will see the company turn over $19.8 million worth of accounts and pay … The post Daily Digest – August 13.
A car is a necessity for a lot of us—either for work, school or just getting around every day. But not everyone can afford a decent car outright. Enter the auto loan. They’re a convenient way to split the cost into affordable monthly chunks. So, what is a good credit score to buy a car? In short, you’ll probably get a better interest rate if your score is over 661.
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.
In Florida, non-competes may be enforced by professional service providers so long as they are reasonable in time, area, and line of business. In addition, the non-compete must also protect a “legitimate business interest,” as defined by Section 542.335 of the Florida Statutes. The statute defines legitimate business interests through a non-exhaustive list, which includes “customer, patient, or client goodwill.
Growth is a naturally occurring component of life, and the same is true for the life of your small business. As rabbi and psychiatrist Abraham Twerski explains in his viral YouTube video, “The stimulus for the lobster to be able to grow is that it feels uncomfortable.” His words are a reminder that stress doesn’t. Hillary Crawford writes for NerdWallet.
A District Court judge in Arizona has granted a defendant’s motion to dismiss a class action complaint after it was sued for allegedly violating the Fair Debt Collection Practices Act for using language in a collection letter that made it seem as though both the defendant and the original creditor were going to report the … The post Ariz.
Debt collection is a highly regulated business, the companies that thrive in this setting are leaders in compliance and certification. The Consumer Financial Protection Bureau (CFPB) released its final ruling for Debt Collection Regulation F (effective November 30th, 2021), which was designed to provide more information for consumers and enable them to communicate with debt… The post The Impact of the CFPB’s Debt Collection Regulation F on the Top Debt Collection Agencies. appeared first o
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!
The recent tragedy of the Champlain Tower collapse in Surfside, Florida, has brought an even greater focus on building safety and maintenance by governments, building owners, and condominium and community associations throughout Florida. As efforts are made to inspect and ensure the safety of buildings across the state, building owners, and condominium and community associations in charge of managing and maintaining buildings, need to be keenly aware of section 95.11(3)(c), Florida Statutes.
Business insurance is one of the most important investments you can make as a small business owner. The right business insurance coverage will protect your company from the financial impact of potential lawsuits, property damage or loss, personal injury and more. But what does business insurance cover? Just as all businesses are not created equal, Katherine Fan writes for NerdWallet.
A company that services online loans made to consumers has agreed to pay $1.6 million in a settlement with the Attorney General of Massachusetts after it was accused of using abusive debt collections that violated state regulations. The company, Avant, was accused of making excessive telephone calls to individuals with unpaid debts and of failing … The post Online Lender to Pay $1.6M Fine In Settlement With Mass.
The events of the last year had a huge impact on the accounts receivable industry. The pandemic disrupted business operations and transformed debt collection security and compliance procedures. Standards that have been in place for a decade or more were no longer viable and agencies were forced to adopt digital collection practices almost overnight.
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.
The Consumer Financial Protection Bureau (CFPB) today published a report detailing 16 large mortgage servicers’ COVID-19 pandemic response. The report’s data metrics include call handling and loan delinquency rates, and they highlight the industry’s widely varied response to the pandemic.
The thing about anxiety is that it doesn’t always listen to reason. If you’re vaccinated and still worried about getting on a plane, it might not be a matter of waiting for the right reassurance from the Centers for Disease Control and Prevention or other experts. You might look for help dealing with the anxiety. Sam Kemmis writes for NerdWallet. Email: skemmis@nerdwallet.com.
A District Court judge in Massachusetts has denied a credit repair organization’s motion to dismiss after it was sued by the Consumer Financial Protection Bureau and the state of Massachusetts for allegedly collecting upfront fees and misrepresenting its effectiveness at improving the credit scores for individuals who signed up for its services, ruling that the … The post Judge Denies Credit Repair Org’s MTD in Suit Filed by CFPB appeared first on AccountsRecovery.net.
Here , by Amelia Pollard. Excerpt: Conservative pro-business groups have hit upon a new tactic to protect its members’ interests: outright purchasing of grassroots support. Late last week, David Chami, an Arizona attorney who specializes in consumer protection, received an email from Drew Johnson, who identified himself as working with the U.S. Chamber of Commerce.
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
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