Sat.Sep 17, 2022 - Fri.Sep 23, 2022

Tip: Is Your Customer Telling You the Truth, or Trying to Deceive You – Ten Things You Can Do to Find Out


Originally published in CreditToday. Anyone involved in trade collections has, or eventually will, encountered a customer who is hiding something and trying to deceive you. We may be heading for hard times this coming year, particularly with smaller businesses we sell to. That makes it more likely you will be hearing reasons invoices are not being paid that may be deceptive, off-putting, or simply untrue.

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How To Know the Difference Between Legitimate Debt Collection Company and Scams?

Taurus Collect

Dealing with debt collection issues can be overwhelming, especially when you are unsure if the person contacting you is legitimate or a scammer. When an account becomes past due, your creditor may attempt to collect the amount owed or hire a debt collection agency.

Financial Situation Worsening for Consumers

Account Recovery

The number of people for whom their financial situation has worsened is outpacing the number of people for whom their financial situation has improved two-to-one, according to data released following a nationwide poll.


What happens to your credit cards when you file for bankruptcy?

Roths Child Law

Personal debt can slowly accumulate over many years. It may have started with student loans while you got your degree. Then, because of your large student loan payments, you had to use credit cards to cover your basic cost of living expenses while establishing yourself as a professional.

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.

Fed Boosts Rates Yet Again, Pushing Down Home Affordability

Nerd Wallet

The Federal Reserve continued to shout from the rooftops Wednesday that it will do what it takes to get inflation under control. The central bank raised the overnight federal funds rate by 0.75 percentage point, an action that will raise the floor under other interest rates.

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Getting to Know Kristina Hughes of Receive Revenue Recovery

Account Recovery

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management.

Importance of Signing an Operating Agreement for Your LLC


So, you and your little sister, Rachel, finally started that mitten-shaped decorative soap business you’ve always talked about – Nice!

Business Grants Are ‘Just Not That Easy’: 5 Tips to Help

Nerd Wallet

Business grants may seem like the holy grail for small-business owners, since they offer cash you don’t have to pay back. But finding one can feel as futile as searching for lost treasure. Everybody wants to know: How do I get free money for my business?”


What If My Income Increases During Chapter 13?

Sawin & Shea

Filing for Chapter 13 bankruptcy can be both challenging and stressful. Although filing can help you eventually become debt free, the process itself can be confusing. One common question that filers have regarding the Chapter 13 process involves income increases and whether they affect payment plans.

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.

New Trend Accusing Collectors of Ignoring Cease Communication Requests

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.


CFPB Launches Effort to Spur New Opportunities for Homeowners in the Mortgage Market

Consumer Finance

The Consumer Financial Protection Bureau (CFPB) is asking for public input on ways to spur new mortgage products that help households. Press release Mortgages Research Mortgage servicing


Unlock the College Financial Aid You Need Starting Oct. 1

Nerd Wallet

Despite the headlines, college is still the surest path toward better lifelong earnings. But a degree is far more likely to pay off if you haven’t borrowed a small fortune to get it. The Free Application for Federal Student Aid, or FAFSA, is a key step in making college affordable.

Nevada Bill Adopts Uniform Money Transmission Modernization Act

Troutman Sanders

On September 16, the Nevada Financial Institutions Division (NFID) introduced a bill draft request to the Nevada Legislature for the 2023 legislative session. If passed, the bill will adopt the Model Money Transmission Modernization Act (Act) into Nevada’s money transmission law.

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.

State AGs Back More Anti-Robocall Efforts from FCC

Account Recovery

State Attorneys General from across the country are calling on the Federal Communications Commission to take further efforts to reduce the number of illegal robocalls being received by their constituents, including more outright blocking of calls.


Company Insolvency rate rises by 72% over past year

UK debt collections

Company insolvency rates in the United Kingdom have risen by 72% in the past year. it is reported that 20,000 companies have gone out of business according to analysis from audit, tax and advisory firm Mazars.

What Does Flood Insurance Cost?

Nerd Wallet

You’ve fallen in love with that charming little house near the river. But if you buy that home, your mortgage lender will require you to buy flood insurance. Will the extra expense put your dream home out of reach?

The Burr Broadcast – Labor and Employment Update 9.20.2022

Burr Forman

Join Burr & Forman for “The Burr Broadcast,” where our attorneys provide you quick updates on important labor and employment trends you need to know. On this episode of the Burr Broadcast, Burr Partner John Connell discusses the recent case of Summer Sowash v. Marshalls of MA, Inc.,


Dismissal of Collection Lawsuit Not Enough for Plaintiff to Pursue FDCPA Suit

Account Recovery

Why Do Merchant Cash Advance Companies Record Judgments In NY?


Merchant cash advance agreements are drafted in a way that offers an advantage to the lender. Since the documents anticipate a default in payment by the buyer, why then do merchant cash advance companies record judgments in New York?

Is a Used Electric Vehicle a Bargain or a Trap?

Nerd Wallet

You’ve probably heard the horror stories of crazy-high battery replacement costs for electric cars. Fears of battery failure, limited range and high purchase prices might make you wonder if buying a used EV is a smart decision.

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Home Builders and Developers Beware: South Carolina Supreme Court Beats Up Hybrid Arbitration Clauses Mercilessly

Burr Forman

If you are a homebuilder, residential housing developer, construction industry insurer, or any one of the many participants in the industry providing affordable and decent housing for the citizens of South Carolina, you are already aware that South Carolina courts have for decades prioritized the promotion of consumer (i.e.,

Daily Digest – September 19. Judge Grants MTD in FDCPA Case; Judge Rules for Collector in Discrimination Case

Account Recovery

JUDGE GRANTS MTD IN FDCPA CASE OVER ISSUE WITH STATEMENT IN LETTER Like many other cases across the country, a District Court judge in Kentucky has ruled that the confusion and anxiety claimed to have been suffered by the plaintiff was not enough for the plaintiff to have standing to sue.


Feds Raise Interest Rates by 0.75%, More Rate Hikes Expected


The Federal Reserve raised interest rates for the third consecutive time on Wednesday by another 0.75 percentage points, and it is unlikely to be the last rate hike in the Fed's ongoing battle against inflation."Fed


4 Non-Investment Questions to Ask an Advisor Before Retiring

Nerd Wallet

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.

Payments in the business market 2022: heading for a level playing field

On Guard

For consumers, the past ten years have seen a clear shift from cash to debit card payments. The business world, however, has long preferred digital payment flows. But important changes are also taking place here.

Daily Digest – September 23. New Trend of Accusing Collectors of Ignoring Cease Communication Requests; House Republicans Demand Answers from Chopra

Account Recovery

NEW TREND OF ACCUSING COLLECTORS OF IGNORING CEASE COMMUNICATION REQUESTS More collectors are being sued for allegedly not honoring requests from consumers to cease communications or cease making phone calls.


US Rail Strike Averted, Truckload Capacity Jumps


potential U.S. rail strike was averted last week when labor unions and railroads reached a tentative agreement, facilitated by President Joe Biden's administration.


Booking a Hotel Room With a Kitchen May Not Save Money After All

Nerd Wallet

If you’re looking to cut costs on vacation, opting to cook in your hotel room versus going out to eat might seem like a logical move. But to cook inside a hotel room, you’re going to need a kitchen. And as it turns out, hotel rooms with kitchens usually cost more than similar hotels without.