Sat.Dec 25, 2021 - Fri.Dec 31, 2021

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3 reasons to use post-judgment litigation in collections

Collections Law

Once you manage to receive a judgment from the court for the debt a client or customer owes you, your next step is collecting on that judgment. Sometimes this is easier said than done. At Law Offices of Alan M. Cohen LLC, we know how difficult collection can be, even when you have a judgment. We have over 45 years of experience collecting on debt and know that there are many avenues to commercial debt collection.

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What does a Chapter 13 bankruptcy hardship discharge mean?

Roths Child Law

When you file for a Chapter 13 bankruptcy in Nashville, you likely will not receive a discharge until the completion of your repayment plan. Since Chapter 13 lasts for three to five years, one or more financial circumstances may arise to interfere with your repayment plan. You should not simply abandon your efforts or stop making payments when facing challenges in Tennessee.

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Need a 2022 Money Goal? Borrow One From a Finance Nerd

Nerd Wallet

This article provides information for educational purposes. NerdWallet does not offer advisory or brokerage services, nor does it recommend specific investments, including stocks, securities or cryptocurrencies. The new year offers time to set goals, especially if you have a debt hangover from the extra spending the holiday months require. While Gatorade and Advil won’t help much.

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Daily Digest – December 31. Judge Awards $265k to Plaintiffs’ Attorneys in FDCPA Case; Experts Share the Word That Defined 2021 For Them

Account Recovery

JUDGE AWARDS $265K TO PLAINTIFFS’ ATTORNEYS IN FDCPA CASE A District Court judge in Nebraska has rejected a defendant’s objection to the award of attorney’s fees in a Fair Debt Collection Practices Act case, and has agreed to the plaintiff’s request to award more than $265,000 while also denying a request from the defendant to … The post Daily Digest – December 31.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

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.

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What are your plans for improving the customer experience in 2022?

American Profit Recovery

There is one thing we have spent an enormous amount of time on here in American Profit Recovery and that is making sure all clients have an enjoyable and productive experience with our team. People compliment us every day when they call our front desk because they can tell the person answering the phone is smiling. You can hear it in their voice. It doesn’t matter if you come to us for commercial debt collections or medical collections, we want to make sure that your journey with our team

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What Property Can I Keep After Filing for Bankruptcy?

Sawin & Shea

The bankruptcy process involves looking at your assets. In a Chapter 7, or liquidation bankruptcy, some of your property may not be protected, and you could lose it. Every state has different property exemption rules. Most Chapter 7 filings are what we call a “no asset” case. However, after you file, a bankruptcy trustee will review your list of exempted assets to determine whether or not you have the right to protect the claimed property.

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Daily Digest – December 29. Hunstein Files Brief for Upcoming Hearing; New Job Listings

Account Recovery

HUNSTEIN FILES BRIEF WITH ELEVENTH CIRCUIT IN PREPARATION FOR EN BANC HEARING By using a mail house to print and mail a collection letter, thus “exposing … non-public information to an unauthorized third party,” the plaintiff-appellant in Hunstein v. Preferred Collection & Management Services suffered a concrete injury and thus has standing to sue, his attorney argued … The post Daily Digest – December 29.

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6 Winter Money Wasters You Can Avoid

Credit Corp

When you live in a colder climate, the winter season can feel like a wonderland. But once the holiday magic wears off in January, you might notice your expenses piling up. In between holiday shopping and rising electric bills, you might get a bit of sticker shock. Luckily, you can avoid racking up the bills this year. We’ve got six winter savings tips to help you keep your finances under control this year: Set a Holiday Budget Use a Cashback Credit Card Keep the Thermostat Low Pare Down Your Gif

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Smart Money Podcast: What Our Listeners Accomplished This Year, Part 2

Nerd Wallet

This article provides information for educational purposes. NerdWallet does not offer advisory or brokerage services, nor does it recommend specific investments, including stocks, securities or cryptocurrencies. Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode continues our celebration of our listeners’ money wins in 2021.

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When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

Are you finding some snags in your collections process? With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

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2021 Year End Holiday Wrap Up

PDC Flow

PDCflow Product Enhancements We made many improvements to our software this year, adding new and enhancing existing products to keep you and your customers secure. Here are two notable projects our team completed in 2021. Bank Account Tokenization As part of PDCflow's ongoing dedication to provide secure and convenient payment options to both clients and their consumers, we announced new bank account tokenization capabilities for ACH payments.

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Judge Denies Plaintiff’s Motion to Remand FDCPA Case Back to State Court

Account Recovery

A default judgment obtained in an underlying collection lawsuit is enough of a concrete injury for a plaintiff to have standing in a Fair Debt Collection Practices Act case, a District Court judge in California has ruled, disagreeing with the plaintiff’s contention that he does not have standing and denying his motion to remand the … The post Judge Denies Plaintiff’s Motion to Remand FDCPA Case Back to State Court appeared first on AccountsRecovery.net.

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How To Protect Yourself From Identity Theft

Better Credit Blog

When it comes to identity theft, an ounce of prevention is truly worth a pound of cure. Because of the ongoing COVID-19 pandemic, more people were home and using their computers than ever before, and this led to a corresponding increase in identity theft, with reported cases doubling to 1,387,615 in 2020, according to the Federal Trade Commission. So if you’ve never thought about how to prevent your identity from getting stolen, now is the time to start, as there’s more opportunity f

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For Young Adults, Building Credit Starts Now

Nerd Wallet

Sooner than you may realize, your credit score will start to matter. A solid credit score can be the difference between qualifying for an apartment or a low-interest car loan or missing out. So to have credit ready when you need it, the time to start building a good and lengthy credit history is now. Colin Beresford writes for NerdWallet. Email: cberesford@nerdwallet.com.

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10 Ways to Improve Payment Collections with Salesforce

For finance teams using Salesforce’s powerful CRM technology, automation can transform accounts receivable processes, driving efficiency and delivering measurable results like cost savings, reduced customer churn, and lower DSO.

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Where the Buck Stops in TCPA Suits: Not With the Company, But With Controlling Director, Says Court

Troutman Sanders

Companies are not the only ones with exposure in consumer protection suits, as a defendant company’s director was reminded earlier this month in Zoppi v. Proform Trading LLC , No. 2:21-cv-2307 (D.N.J. Dec. 9, 2021). There, the federal district court granted the plaintiff’s motion to amend his complaint to bring Telephone Consumer Protection Act (TCPA) claims against the director in his individual capacity, as well as against the defendant company.

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Report Breaks Down Consumers’ Financial Situation During Pandemic

Account Recovery

As the COVID-19 pandemic took over the United States in 2020 and through 2021, fewer consumers — by and large — had problems paying their bills, but those who did have problems doing so had more problems than usual, according to data that was released last week by the Consumer Financial Protection Bureau. The CFPB … The post Report Breaks Down Consumers’ Financial Situation During Pandemic appeared first on AccountsRecovery.net.

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Birmingham Medical News: Sweeping Medical Record Changes Proposed for Alabama Physicians

Burr Forman

Reprinted with permission from the Birmingham Medical News. This article was published in the December 2021 issue. The Alabama State Board of Medical Examiners and the Alabama Licensure Commission have proposed a complete overhaul of the rules affecting medical record management by Alabama physicians (the “Proposed Rule”). Currently, there are few state guidelines with respect to medical record access, copying and patient notification, which often leads to disputes when a physician leaves a medi

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6 Best Credit Cards for Las Vegas Hotels

Nerd Wallet

A bachelor party, a milestone birthday celebration or an elopement are all great reasons to visit Las Vegas and experience its neon lights, flashy vibes and over-the-top decor. However, all that glitz and glam can cost a fortune before you even factor in gambling expenses. Here are some of the smartest credit cards for Las. Anya Kartashova writes for NerdWallet.

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Connect, Care, Convert: Secrets to Establishing Trust with Niche Markets and Turning Them Into Clients

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?

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Plaintiff’s Confusion Over Debt Collection Letter Is Not Enough to Create Standing to Assert an FDCPA Claim

Troutman Sanders

In Whitfield v. Contract Callers, Inc. , Civil Action No. RDB-21-1540 (D. Md. Dec. 20, 2021) , the District of Maryland dismissed claims asserted under the Fair Debt Collection Practices Act (FDCPA), holding that confusion concerning the identity of the original creditor allegedly caused by a poorly-worded collection letter did not result in the type of concrete injury necessary for the plaintiff to have standing under Article III of the Constitution.

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Daily Digest – December 30. Getting to Know Megan McDonell of Absolute Resolutions; The Most Popular Stories of 2021

Account Recovery

GETTING TO KNOW MEGAN MCDONELL OF ABSOLUTE RESOLUTIONS Megan McDonell is a problem solver. Whether in her current role turning data into actionable insights or if her love of true crime ended up steering her in the direction of being a detective, it’s clear that looking at something and making sense of it while also … The post Daily Digest – December 30.

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Closing Time: Lawyers Are Great at Closing Business, But Need to Get There Faster

NCBA Law Practice Management Blog

Most attorneys are phenomenal when it comes to closing business. If coffee is for closers , they’re awash in the stuff. And, most attorneys will tell you that: they know it, they acknowledge i t , they own it. Most of the lawyers I talk to will tell me that, ‘If I can get someone on the phone, I can close them’. I would be t that most lawyers close leads in to the high 70s, if I had to sign a percentage to it.

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The Best Non-Disney Hotels in Orlando to Book With Points

Nerd Wallet

Whether you’re in town for family fun, a convention or just to soak up the sun, Orlando has plenty to see and do. The Disney parks are a huge draw to the city, but the upcharge of staying on-property can quickly balloon your trip budget. That’s why we put together this list of the best non-Disney-affiliated. Ramsey Qubein writes for NerdWallet. Email: travel@nerdwallet.com.

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ERM Program Fundamentals for Success in the Banking Industry

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?

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The Biggest Privacy Developments of 2021

Troutman Sanders

David Anthony, a partner with Troutman Pepper, is quoted in the Law360 article, “ The Biggest Privacy Developments of 2021.”. Still, the issue isn’t completely settled, as the Supreme Court’s ruling left open several questions, including whether a plaintiff may nevertheless survive the pleadings stage on the autodialer question or whether it’s enough for the device used to place the call to merely have the “capacity” to use a random and sequential number generator, according to David Anthony,

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NYC Pilot Program Helps Individuals With Disabilities Reduce Debt, Improve Savings

Account Recovery

Individuals with disabilities face unique challenges that most people never have to encounter, and those challenges often include financial decisions that have to be made. A group of agencies and nonprofit organizations across New York City announced yesterday the results of a pilot program aimed at helping individuals with disabilities improve their financial situations and … The post NYC Pilot Program Helps Individuals With Disabilities Reduce Debt, Improve Savings appeared first on Acco

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Jim Hoover Discusses Employment Issues for Providers Giving Staff Medical Advice for Part B News

Burr Forman

In a December 13, 2021 article in Part B News, Jim Hoover shared insight on legal considerations for health care providers when an employee asks a physician for medical advice. “It may create a reason for an employee to charge discrimination under the Americans with Disabilities Act (ADA),” Hoover said. For example, if an employee discusses his alcoholism with a doctor, and the doctor later tries to fire the employee for work issues that may be related to his drinking problem, the employee may c

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The Cheapest American Airlines Flights to Las Vegas

Nerd Wallet

Travelers with AAdvantage miles saved up can book award flights for their next Las Vegas trip. In fact, the airline offers some of the least-costly award flights to Vegas from multiple cities around the country. More than simply finding an option and booking though, it pays to be strategic to maximize the value of your. Natasha Gabrielle writes for NerdWallet.

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You Put in a Full Work Week. Shouldn’t Your Collections Software Do the Same?

Discover a modern, cloud-based collection system that never takes a rest day. MeridianLink® Collect is an intuitive platform with advanced customization options developed to simplify the collections process. Here are four ways MeridianLink Collect can support your team: Omnichannel communications Compliance rules & checklists Workflows & queues One interface with supporting integrations And that’s just the start.