Sat.Oct 10, 2020 - Fri.Oct 16, 2020

The perils of taking a rocket launcher to a water pistol fight

Collect More

I don’t like to have regrets in business- I think everything we do and everything we go through, good and bad, is a learning experience and life is way too short to live in the past. But there is something I did about 5 years ago that I still kick myself over. I was engaged to provide debt collection training to a major insurance brokerage here in Queensland. The session was a tremendous success and the feedback I received from all the attendees was great.

No Direction Home: What To Do With Clients Who Don’t Want a Lawyer

NCBA Law Practice Management Blog

There are legal consumers out there who don’t want you, you know.

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From Blogs to Apps: 11 Financial Resources for Women

Credit Corp

Women often face unique challenges when managing their personal finances. One of those, for example, is the gender pay gap. According to PayScale, in 2020 women make on average 81% of what men earn in the workplace.

How To Remove Asset Acceptance LLC From Your Credit Report

Better Credit Blog

Have a collections entry from Asset Acceptance LLC on your credit report? If Asset Acceptance is on your credit report, it’s probably because you forgot about a bill. It’s important to deal with a collections agency like Asset Acceptance quickly.

How to Handle College Loan Debt as an Unemployed Recent Grad

Nerd Wallet

Entry-level jobs are scarce for recent college graduates, which leaves the Class of 2020 in a precarious position as their student loan debt comes due.

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Construction Industry Concerned Over Pandemic’s Long-Term Impacts

NACM

Eight months into the pandemic, construction professionals are raising concerns over potential long-term impacts leading into the coming year.

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Non-Bankruptcy Litigation in Bankruptcy Court

PBWT

It seems to be a common misunderstanding, even among lawyers who are not bankruptcy lawyers, that litigation in federal bankruptcy court consists largely or even exclusively of disputes about the avoidance of transactions as preferential or fraudulent, the allowance of claims and the confirmation of plans of reorganization.

Remote Work Visa Opportunities (and How to Get There on Points)

Nerd Wallet

Due to the coronavirus pandemic, more people are working remotely than ever before.

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8 Activities to Plan Now for a Fun and Budget-Friendly Fall Staycation

Credit Corp

The coronavirus pandemic caused many people to cancel travel plans around the world. You might’ve already had to cancel a family vacation or two. But not being able to travel doesn’t mean there aren’t things to plan for fun at home–beyond your typical game night.

Trade 60

Should I Terminate a Notice of Commencement?

Jimerson Firm

Before a property owner can make improvements over $2,500 to their property, Florida law requires the owner (or authorized agent) to record a Notice of Commencement in the public records where the project is located.

FCA Participants Happy to Be Back in Live Event Saddle

Account Recovery

Last week, the Florida Collectors Association held its annual conference at a hotel in Sarasota. It was, as far as I can tell, the first live industry event since the coronavirus pandemic hit the United States in mid-March.

Is Halloween Canceled This Year? Not at These 10 Theme Parks

Nerd Wallet

Is Halloween canceled this year? It might be in your neighborhood, but it’s not canceled everywhere. Sure, some popular, annual Halloween events at theme parks are off the table this year. With Disneyland still closed, that means the park’s annual Oogie Boogie Bash Halloween party is out.

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The Digest: October 2020

True Accord

For this edition of The Digest, we’re taking stock of what we’ve learned so far from the economic impacts of COVID-19, its implications for collections and emerging fintech trends.

Consumer Financial Protection Bureau Settles with Nissan Motor Acceptance Corporation for Illegal Collections and Repossession Practices

Consumer Finance

The Consumer Financial Protection Bureau issued a consent order against Nissan Motor Acceptance Corporation, which services auto loans and leases originated by Nissan and Infiniti dealerships nationwide. Press release Auto loans Enforcement

Retail Sales Climb Higher Than Expected

NACM

Retail sales are on the rise again, and sales are faring better than expected. According to the Census Bureau, U.S. retail and food services sales in September increased 1.9% from August. Data is also 5.4% higher than September 2019. Sales between July and September 2020 were ahead 3.6%

How to Create Financial Stability in Shaky Times

Nerd Wallet

In a year that has thrown a pandemic, natural disasters and economic calamity at us while we lurch closer to a presidential election, stability can feel elusive. No matter how well-laid your plans, some new crisis might be lurking around the corner, waiting to upend your life.

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Daily Digest – October 16. Encore to Pay $15M to Settle CFPB Suit; Judge Denies MTD in FDCPA Case Over Garnishment SOL

Account Recovery

ENCORE TO PAY $15M TO SETTLE CFPB LAWSUIT The Consumer Financial Protection Bureau yesterday announced it has settled a lawsuit it filed last month against Encore Capital Group and its subsidiaries, Midland Funding, Midland Credit Management, and Asset Acceptance Capital Corp.

Why Is a Cash Flow Statement Important?

Enterprise Recovery

When you're trying to learn more about your business finances, a cash flow statement is a must. This financial statement paints a clear picture of how your business is managing its cash to pay debts and fund operations.

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Consumer Financial Protection Bureau Settles Lawsuit with Debt Collectors and Debt Buyers Encore Capital Group, Midland Funding, Midland Credit Management, and Asset Acceptance Capital Corp.

Consumer Finance

On October 15, 2020, the Consumer Financial Protection Bureau filed a proposed stipulated final judgment and order to settle its lawsuit against Encore Capital Group, Inc., and its subsidiaries. Press release Debt collection Enforcement

American Airlines Increases Flexibility and Benefits for 2021

Nerd Wallet

American Airlines announced today its AAdvantage program changes for 2021. These changes reflect the times and how airlines are adapting to woo flyers back to the skies while the COVID-19 pandemic continues.

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Encore Statement Following Settlement of CFPB Suit

Account Recovery

The following are statements included in a press release published by Encore Capital Group yesterday, after it was announced that the company and its subsidiaries had settled a lawsuit filed against them by the Consumer Financial Protection Bureau.

56

How to File Bankruptcy When You’re Self-Employed

Luftman, Heck & Associates.

It can be incredibly rewarding to own your own business. It can also be incredibly expensive – between marketing, payroll, and other overhead costs, you may find yourself spending a lot to keep your business running.

Take 5 Immigration Podcast Series: Episode 13

Burr Forman

In episode 13 of the Take 5 Immigration Podcast Series, Melissa Azallion is joined by Burr associate Jonathan Eggert to talk about some recent immigration developments. They discuss new rules that have been implemented and those which have been blocked by various courts over the last year.

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How Safe Is an RV Road Trip?

Nerd Wallet

If you’re feeling cabin fever lately but still aren’t ready to jump on an airplane, you might be inclined to opt for an RV road trip this fall or winter. In a lot of ways, recreational vehicles mitigate a number of travel risks, like potentially sitting for hours in a metal tube near a sick.

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Judge Denies MTD in FDCPA Case Over Garnishment SOL

Account Recovery

NL | FINANCIEEL MANAGEMENT

On Guard

The post NL | FINANCIEEL MANAGEMENT appeared first on Onguard. In the media

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Can a Debtor Get Their Money Back?

FFGN COLLECT NY

After finally collecting the monies owed to you through debt collection litigation, the debtor wants their money back. How is that possible? Doesn’t the money belong to you? Can a debtor really get their money back? Recovering monies owed can be a long and arduous process.

You Can Use a Crisis to Build Helpful Money Habits

Nerd Wallet

As millennials, we’ve learned about money the hard way. From the Great Recession to stratospheric student loan debt to a pandemic, there’s been no shortage of life giving us lemons.

CFPB Enforcement Actions Spike in 3Q

Account Recovery

Maybe there is something to the theory that people are far more productive when working from home than they ever were sitting inside an office.

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How To Remove ARstrat From Your Credit Report

Better Credit Blog

Is ARstrat calling you about unpaid medical bills? If so, they’re also bringing down your credit score. Confronting a debt collector can seem like a daunting task, but getting a collections entry off your credit report is actually quite simple.

Duration of outstanding invoices is increasing

On Guard

Amsterdam – The number of days that an invoice remains open will increase in the coming months, according to one in three finance professionals (32%). This is evident from a recent poll in The Netherlands by fintech company Onguard among more than 300 Dutch finance professionals.