Sat.Apr 16, 2022 - Fri.Apr 22, 2022

Can I collect against a Massachusetts debtor if I’m from out of state?

Collections Law

As a business owner or manager, collecting unpaid debt is likely not your favorite part of your job. At times it may seem frustrating and fruitless. The process becomes even more problematic when your debtor is located in another state.

Credit Card Debt Has Dropped, But Inflation May Change That

Nerd Wallet

Over the past few years, credit card balances were paid down and delinquent accounts became less common. But two years after the COVID-19 pandemic began, those trends — spurred by increased savings and relief programs — could evaporate, especially as inflation soars.

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Flipping the Script: Collecting with Kindness

True Accord

Historically, debt collectors have been depicted as hostile, intimidating or downright rude – and over the years they’ve confirmed those stereotypes through aggressive phone calling and deceptive tactics. But to what success and at what cost? We know there’s a better way.

Ringer: Who Should Answer the Phone at Your Law Firm?

NCBA Law Practice Management Blog

This is kind of a trick question. It’s one that initiates the lawyer’s go-to response: It depends. But, in reality, the choice of who answers your phone when clients and potential clients call has a lot of la yers to it, not unlike an onion.

Cyber Security, Change Management and Enterprise Risk Management: Scaling Operations for Growth

Speaker: William Hord, Vice President of Risk Management and Compliance

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.

Insolvency Service continues to target Bounce Back loan abusers

UK debt collections

The Insolvency Service has continued to target bounce back loan abusers in the UK. They have successfully secured restrictions against a gym operator and roofer after they falsely claimed bounce back loans for their respective businesses.

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More Trending

Daily Digest – April 18. Judge Remands FDCPA Case Back to State Court; CFPB Releases Annual FDCPA Report

Account Recovery

JUDGE REMANDS FDCPA BASE BACK TO STATE COURT Standing, with respect to Fair Debt Collection Practices Act lawsuits these days, is not necessarily always a black-and-white situation.

Are Slow-Paying Clients Killing Your Cash Flow?

Enterprise Recovery

Before we dive in, do you ever run cash flow reports on your business? If your organization is earning revenue, it does not necessarily mean that you have that much cash in the bank.

Banks 69

CFPB Releases Report on Financial Challenges Facing Rural Communities

Consumer Finance

Today the Consumer Financial Protection Bureau (CFPB) issued a report on the challenges faced by Americans in rural communities.

Banks 98

Checking vs savings accounts

Kasasa

If you aren't exactly sure what the difference is between a checking account and a savings account , we can't blame you. What does "checking" even refer to at a time when most of your purchases are happening online?

Banks 83

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.

CFPB Releases Annual FDCPA Report

Account Recovery

The Consumer Financial Protection Bureau is calling on policymakers to examine whether the Fair Debt Collection Practices Act should be broadened to protect not just consumers but small businesses, according to its annual report on the FDCPA that it submitted to Congress last week.

3 Ways to improve your finances during financial literacy month

American Profit

April is Financial Literacy Month and if you are a consumer that is struggling to meet your financial obligations, this is a chance for you to educate yourself on ways you can improve your financial health. There are so many ways available to consumers to get back on track and not be in debt anymore.

CFPB Report Spotlights Medical Billing Challenges

Consumer Finance

A report issued today by the Consumer Financial Protection Bureau (CFPB) examines the financial consequences of medical billing and collections endured by individuals and families across the country.

4 Signs that it’s time to invest in a CD

Kasasa

Opening your first checking account is a rite of passage for many Americans. Although your parents might start a savings account for you when you’re a kid, chances are you won’t open a checking account until you have a job that earns you money. Future Planning Rewards Banking Banking

Banks 83

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.

FTC Provides $5M in Refunds to Consumers Scammed by Collectors

Account Recovery

The Federal Trade Commission provided $4.86 million in refunds to individuals who were victimized in debt collection scams last year, the regulator noted in a summary it sent to the Consumer Financial Protection Bureau regarding its enforcement of the Fair Debt Collection Practices Act.

Investing for Parents: Save for Retirement, Avoid These Mistakes

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.

How to File a Dispute with TransUnion

Better Credit Blog

For most of us, working hard to achieve and maintain a good credit score is an inescapable part of modern life. Checking the credit reports of potential employees (with their permission) is an established practice for businesses.

Inflation: What it is, and 10 ways to deal with it

Kasasa

In August 2020, Federal Reserve Chairman Jerome Powell announced plans to allow inflation to run slightly higher than the typical 2% goal that was long held, stating: "inflation that is persistently too low can pose serious risks to the economy.". My Finances Debt Management Spending

Daily Digest – April 22. Judge Grants MTD in Hunstein Class Action; CFPB, NY AG Sue MoneyGram

Account Recovery

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Forced arbitration backfires on Uber

Public Citizen

A cautionary tale on forced arbitration: Uber’s platform Uber Eats allows customers to order takeout from various restaurants and have it delivered by a driver for a restaurant-specific delivery fee. Customers are required to agree to Uber's Terms of Use, which contains a provision stating that any dispute between the customer and Uber will be settled by binding arbitration administered by the American Arbitration Association in accordance with AAA's rules.

CFPB and NY Attorney General Sue Repeat Offender MoneyGram For Leaving Families High and Dry

Consumer Finance

The Consumer Financial Protection Bureau (CFPB) and New York Attorney General Letitia James today announced they are filing a lawsuit against MoneyGram International, Inc. and MoneyGram Payment Systems, Inc. MoneyGram)—one of the largest remittance providers in the U.S.—for

91

These 6 proactive steps will help get your finances on track

Kasasa

To say you probably had a lot on your mind last year is an understatement. With the pandemic and politics running amuck, your finances may have been placed on the back burner. Now that a fresh new year has arrived, it's time to review your finances to ensure you're on the right track.

Survey Reveals Employees Want Hybrid Work Schedules

Account Recovery

What Does a Real Estate Agent Do?

Nerd Wallet

A real estate agent is a professional who helps people buy and sell properties. But there’s more to it than that. Here’s a primer on what real estate agents are (and aren’t) and the different roles agents can take on in a real estate transaction. What is a real estate agent? Real estate agents are.

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Why healthcare practices need to use a medical debt collection agency

American Profit

There is one simple fact that we know from handling debt collections for health care professionals across the country for many years. Professionals that go to school to be able to serve others want to focus on just that.

Debt Collection quotes and what you should look for

UK debt collections

Getting Debt Collection quotes is on the rise in the UK as is the use of debt collection agencies. The first Debt Collection quotes site in the UK was launched in 2013. Best4debtcollection.co.uk (Best4) was launched to marry creditors with suitable debt collection agencies.

Judge Grants MTD in Hunstein Class-Action for Lack of Standing

Account Recovery

A District Court judge in New York has granted a defendant’s motion to dismiss a Hunstein lawsuit, albeit for lack of standing, because the plaintiff failed to plead that using a letter vendor violated his privacy and that anyone at the vendor reviewed or otherwise saw the plaintiff’s information.

Smart Money Podcast: Student Debt Cancellation Debate, Part 2

Nerd Wallet

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode is dedicated to a Nerdy Deep Dive into the student debt cancellation debate.

Equitable Mootness Applied Again: The Fifth Circuit Refuses to Hear an Appeal

PBWT

The Fifth Circuit recently dismissed an appeal of a confirmation order as equitably moot.