Nerd Wallet
DECEMBER 15, 2022
Anna Helhoski writes for NerdWallet. Email: anna@nerdwallet.com. Twitter: @AnnaHelhoski. The article Fed Caps 2022 With 7th Rate Hike. What’s Next? originally appeared on NerdWallet.
Account Recovery
DECEMBER 14, 2022
If you are an agency that is still trying to figure out how to be able to accept payments via PayPal or Venmo, you are now two steps behind, because a new instant payment technology for financial institutions has expanded into the United States after a successful launch in Brazil. Called Pix, the technology facilitates … The post QR-Based Payment Platform Expanding into the U.S. first appeared on AccountsRecovery.net.
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Jimerson Firm
DECEMBER 15, 2022
By Austin Calhoun, Esq. and Joseph Luna, Esq. Financial institutions are often required to make tough decisions when they receive the daunting Form 668–A, “Notice of Levy” from the IRS concerning a delinquent taxpayer’s bank account. If the IRS levies a bank account, financial institutions are required to immediately freeze all funds in the account upon receiving the Notice of Levy and must remit the balance to the IRS after 21 days (up to the amount of the unpaid tax liability).
Enterprise Recovery
DECEMBER 16, 2022
Losing a client after establishing a relationship and putting in work efforts can be disruptive to any organization. It's especially painful if you're working as an independent contractor, freelance, or as a growing business. The loss in revenue may mean that you need to find another client immediately. There are some practical steps you can take to bounce back.
Speaker: Erika R. Bales, Esq.
When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.
Nerd Wallet
DECEMBER 12, 2022
AP. Abby Badach Doyle writes for NerdWallet. Email: abadachdoyle@nerdwallet.com. The article Co-Buying a House: How Platonic Partners Make It Work originally appeared on NerdWallet.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Sawin & Shea
DECEMBER 13, 2022
Many people struggle with asking for help from a mortgage modification lawyer when they truly need it. And when it comes to needing financial help, that task is even more difficult. There is a negative stigma associated with financial assistance that makes many people feel embarrassed or ashamed. Some may feel that others will judge them harshly or assume they are poor managers of their resources.
Credit Corp
DECEMBER 16, 2022
As a member of an underrepresented community, your existence in the business world might be slightly different than that of your peers. Whether you’re a woman, a person of color, or part of the LGBTQ+ community, the world of entrepreneurship can present unique challenges. While there are many basic ways to get started as an entrepreneur , expanding an existing underrepresented business is different.
Nerd Wallet
DECEMBER 15, 2022
Holden Lewis writes for NerdWallet. Email: hlewis@nerdwallet.com. Twitter: @HoldenL. The article For Home Buyers, 2022 Was Brutal. Why ’23 Could Be a Bit Better. originally appeared on NerdWallet.
Account Recovery
DECEMBER 13, 2022
The Consumer Financial Protection Bureau yesterday issued a proposed rule that would require non-banks — such as debt collectors — to report enforcement actions and court orders to a public registry that would be used to detect repeat offenders and give the CFPB and other enforcement agencies insights to help it “take action to stop … The post CFPB Proposes Creation of Repeat Offender Registry first appeared on AccountsRecovery.net.
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Consumer Finance
DECEMBER 11, 2022
Today, the CFPB proposed requiring certain nonbank financial firms to register with the CFPB when they become subject to certain local, state, or federal consumer financial protection agency or court orders.
Credit Corp
DECEMBER 12, 2022
If your income falls under a certain amount, you could be eligible for a special credit by putting money into qualified retirement accounts. It’s called the saver’s credit, and it started in 2018. Wondering if you qualify? We’ve got all the information you need about the saver’s credit for 2022 tax returns and the 2023 tax year so you can maximize potential tax savings.
Nerd Wallet
DECEMBER 14, 2022
Kate Wood writes for NerdWallet. Email: kwood@nerdwallet.com. Twitter: @[link]. The article Fed Easing Rate Hikes May Be Good News for Housing Market originally appeared on NerdWallet.
Account Recovery
DECEMBER 13, 2022
A District Court judge in Maryland has granted a defendant’s motion for summary judgment in a Fair Credit Reporting Act case, ruling the plaintiff’s claim that the defendant did not conduct a reasonable investigation was without merit and that the plaintiff did not produce enough evidence to make his case. A copy of the ruling … The post Judge Grants MSJ For Defendant in FCRA Case Over Disputed Debts first appeared on AccountsRecovery.net.
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Fraser
DECEMBER 12, 2022
For tax years beginning in 2022, research and experimental (R&E) expenditures are no longer immediately expensed but rather must be amortized over five years (15 years for foreign expenditures). To illustrate, if a business spent $1,000 on domestic research activities in 2021, it could deduct the full $1,000 on its 2021 tax return. But, starting in 2022, $1,000 spent on research will be deducted incrementally over a five-year period; approximately $200.
Credit Corp
DECEMBER 14, 2022
Article updated December 14th, 2022. There’s always a lot of buzz about the extreme ends of the credit scoring spectrum. How can you get excellent credit? What should you do if you have bad credit ? Less attention is paid to fair credit, which is ironic considering that’s where a large segment of consumers land. While credit scoring models and lender standards differ, the average American credit score is often nestled firmly in a range that could be considered fair.
Nerd Wallet
DECEMBER 14, 2022
Randa Kriss writes for NerdWallet. Email: rkriss@nerdwallet.com. The article 3 Ways to Make Your Small Business More Sustainable originally appeared on NerdWallet.
Account Recovery
DECEMBER 14, 2022
The Court of Appeals for the Ninth Circuit has upheld a ruling in favor of the Consumer Financial Protection Bureau against a company and its owner that were sued for allegedly mailing deceptive solicitations to individuals that advertised help in applying for scholarships, determining that the owner meet one of the definitions for a “covered … The post Appeals Court Upholds Ruling for CFPB in Case Over Deceptive Solicitations first appeared on AccountsRecovery.net.
Speaker: Lynnette Khalfani-Cox, The Money Coach®
Niche markets represent a huge opportunity for the financial services industry in America. From college students and women to communities of color and low-to-moderate-income households, niche populations have specialized financial needs – but they often underutilize many valuable financial products and services. How can you better connect with these consumers?
PDC Flow
DECEMBER 13, 2022
All companies take payments but many don’t understand how the payment industry works behind-the-scenes. The digital payments landscape is complex, and with new technologies emerging, the greater payment ecosystem continues to evolve. It’s true you don’t need to be a payment expert to run a business, manage an office or head up an accounts receivable team.
Credit Corp
DECEMBER 12, 2022
In This Piece. Gather Information Request Verification of Debt File a Dispute Make Sure It’s Listed as Medical Debt Can You Negotiate Medical Bills in Collection? Know Your Rights. Are you struggling with medical debt? Are you tired of medical collectors calling? If so, you’re not alone. Studies show that Americans owe more than $88 million in medical debt.
Nerd Wallet
DECEMBER 14, 2022
Sam Taube writes for NerdWallet. Email: staube@nerdwallet.com. Twitter: @samuel_taube. The article What the December Fed Meeting Means for Markets originally appeared on NerdWallet.
Account Recovery
DECEMBER 14, 2022
JUDGE GRANTS MTD FOR LACK OF STANDING IN FDCPA CASE WHERE LETTER WAS SENT TO REPRESENTED INDIVIDUAL Sending a letter to an individual who is represented by an attorney is not automatically a violation of the Fair Debt Collection Practices Act, a District Court judge in Illinois has ruled, determining that the injuries alleged to … The post Daily Digest – December 14.
Speaker: William Hord, Senior VP of Risk & Professional Services
Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?
UK debt collections
DECEMBER 15, 2022
Conservative MP Adam Afriyie has been made bankrupt after a judge heard he owed around £1m to HMRC and £700,000 to Barclays bank. A bankruptcy order was made against the MP at a hearing in the Insolvency and Companies Court on Tuesday. The Windsor MP had already announced he would be standing down at the next election, saying with Brexit “concluded” it was the “right time” Responding to the court order, Mr Afriyie said it was “a stressful time” “This has
Prosperity Now
DECEMBER 12, 2022
Over the last several months, the Massachusetts Baby Bonds Task Force , which includes Prosperity Now Policy Fellow, Shira Markoff
Nerd Wallet
DECEMBER 15, 2022
Lisa Anthony writes for NerdWallet. Email: lanthony@nerdwallet.com. The article Is a Hybrid-Remote Workplace Right for Your Small Business? originally appeared on NerdWallet.
Account Recovery
DECEMBER 13, 2022
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 Class Accuses CRA of Allowing Furnisher to Change DOFD first appeared on AccountsRecovery.net.
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