Sat.Aug 29, 2020 - Fri.Sep 04, 2020

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MTD in Permissible Purpose FCRA Case Denied

Account Recovery

A District Court judge in New Jersey has denied a defendant’s motion to dismiss after it was sued for violating the Fair Credit Reporting Act by obtaining the plaintiff’s credit report without a permissible purpose to do so. A copy of the ruling in the case of Mathews v. Verizon Communications Inc. can be accessed … The post MTD in Permissible Purpose FCRA Case Denied appeared first on AccountsRecovery.net.

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Find a solution in every problem

American Profit Recovery

By: Pocholo Alvarez . As I come closer to my two-year anniversary here at American Profit Recovery, I can’t think of all the changes that happened ever since I walked in through the front door. Just like the majority of the world, I had a bad interpretation of what a debt collector is. After spending even the first few days in the company, I realized that the people that I work with really do care about helping our clients and consumers.

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How to Save Money for a House: Steps to Get Moving

Nerd Wallet

Saving enough money to buy a house might seem like scaling Mount Everest, but don’t let that stop you from taking the first steps. Once you get moving, you might find the peak more accessible than you expected. Here’s how to make the climb: Set goals to save for a house Decide a total money. Barbara Marquand is a writer at NerdWallet. Email: bmarquand@nerdwallet.com.

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Dental Office Manager: Role, Responsibilities and Duties

Nexa Collect

A Dental Office Manager also referred to as a Dental Practice Manager is an administrative position commonly accommodated in dental practices or orthodontic facilities. A Dental Office Manager is like an overall Administrator, also responsible for running the front offices of dental clinics and managing day-to-day operations fulfilled to assist the dental faculties to propagate a smooth work environment.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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Daily Digest – September 3. Getting to Know Shantel Petrosyan of PFC USA; Judge Grants MSJ for Defense in FDCPA Case

Account Recovery

GETTING TO KNOW SHANTEL PETROSYAN OF PFC USA Shantel Petrosyan has made the cardinal mistake. She has made it known that she is available if you are looking for volunteers. Not someone to help you move, but someone who is committed to helping move the industry forward. In reality, her offer is not a mistake, … The post Daily Digest – September 3.

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More Trending

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How the Pros Ride Market Volatility — and Why You Shouldn’t

Nerd Wallet

The stock market this year has strapped investors onto a roller-coaster ride filled with stomach-heaving drops and exhilarating highs. In spring, fears surrounding the coronavirus helped send the benchmark S&P 500 on a 34% drop from its prior peak. Since then, there have been a number of single-day-record point losses and gains, and in August, Kevin Voigt is a writer at NerdWallet.

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HYBRID Recovery: Best Way to Collect Unpaid Medical Bills

Nexa Collect

You have tried to recover overdue receivables from patients using reminder calls and sending invoices. But you are skeptical about sending accounts for collections, fearing a potential loss of reputation or hoping that your patient will magically pay you without the involvement of a 3rd party collector. . After overcoming your reluctance, you eventually decide to send past-due accounts for collections.

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Judge Grants MSJ For Defense in FDCPA Case Over Settlement Deadline, Using ‘Balance Due’

Account Recovery

A District Court judge in Wisconsin has granted a defendant’s motion for summary judgment after it was sued for allegedly violating the Fair Debt Collection Practices Act by including a time limit on a settlement offer and by using the phrase “balance due” in a collection letter. A copy of the ruling in the case … The post Judge Grants MSJ For Defense in FDCPA Case Over Settlement Deadline, Using ‘Balance Due’ appeared first on AccountsRecovery.net.

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Between Two FinTechs with Hunter Walk

True Accord

In our second installment of “Between Two FinTechs,” an interview series with leaders in financial technology, we have Hunter Walk , co-founder and partner of seed stage venture fund Homebrew. Previously at YouTube and Google, Hunter uses his startup and scaling expertise to help founders articulate their product/market fit, recruit stellar teams and build well-defined cultures.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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If Doing Less Means Saving More, Try These 5 Money Moves

Nerd Wallet

The coronavirus has upended countless jobs, schools and bank accounts. But while undoubtedly more people are struggling than not, those who are still working may have seen their expenses actually drop, due to canceled travel, limited dining options and more time at home. If you’ve managed to end up with extra money during the pandemic, Alana Benson is a writer at NerdWallet.

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How Data Analytics Can Help Your AR

Nexa Collect

In a data-driven business world, knowing how to use data analysis tools optimally and what the advantages of data models are will allow you to assess the efficiency of your Accounts Receivable department. Predictive analysis can help monitor and manage outstanding receivables, and post-collection data will identify the most effective payment recovery methods.

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Groups Call on FCC to Require Notification of Blocked Calls

Account Recovery

A number of financial services trade organizations, including ACA International, are calling on the Federal Communications Commission to require that telecom companies notify businesses when their calls are being blocked or labeled as spam. The organizations, which also included the American Bankers Association, the American Association of Healthcare Administrative Management, and the Student Loan Servicing … The post Groups Call on FCC to Require Notification of Blocked Calls appeared fir

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How Often Can You Check Your Credit Score, and How Do You Get It?

Credit Corp

Are you trying to keep a closer eye on your finances? Or maybe you want to get an auto loan, but you want to make sure your score is in good shape? Either way, you might be wondering if you’re checking your credit score too much. Honestly, there really isn’t a limit to how often you can check your credit score. But, before you blaze ahead and check your credit score, there are a few things you need to know.

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Agent Tooling: Connecting AI to Your Tools, Systems & Data

Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.

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How First-Home Shoppers Can Keep a Cool Head in a Hot Market

Nerd Wallet

Shopping for your first house is stressful enough, but when you’re finally ready to be a homeowner and the pickings are slim, the process can become a roller-coaster ride of hope and fear. “Buyers walk in a home and say, ‘This is it!’ Then, they see all the business cards [from other agents] on the. Barbara Marquand is a writer at NerdWallet. Email: bmarquand@nerdwallet.com.

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Best Practices to Manage Dental Office AR & Improve Recovery

Nexa Collect

Dental offices, particularly those that handle high-dollar orthodontics, often face difficulties with their accounts receivable (AR) management. AR is the portion of bills to patients and insurance companies that are outstanding. However, these challenges can be met with strong, enforceable policies and consistent collection procedures. A good rule of thumb for dental offices is to keep AR from exceeding the practice’s average monthly income.

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Mass. AG Sues Auto Lender For Violating State Collection Call Limits, Among Other Accusations

Account Recovery

The Attorney General of Massachusetts yesterday announced a lawsuit against Credit Acceptance Corp., a subprime auto lender, for knowingly originating loans to individuals even though it knew they would be unable to repay them, and then said the lender “harassed” those individuals by calling them as many as eight times a day in attempting to … The post Mass.

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Consumer Financial Protection Bureau Report Examines Early Impact of Pandemic on Consumer Credit

Consumer Finance

The Consumer Financial Protection Bureau issued a report examining the early effects of the COVID-19 pandemic on consumer credit.

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Future-Proof Your Firm: Smarter Tech for Stronger Returns & Simpler Workflows

Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!

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United Ditches Domestic Change Fees, Adds More Flexibility

Nerd Wallet

United Airlines is making some changes so that customers can enjoy more flexible travel, including ditching change fees for virtually all domestic flights — for good. Earlier this year, United, along with most other domestic airlines, began temporarily waiving change and cancellation fees for virtually all flights scheduled in or after March 2020 due to.

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6 Clever Money-Saving Hacks to Reach Your Financial Goals

Dear Debt

Post contains affiliate links. Today’s post is from my friends at Bold.org, a site where you can find exclusive scholarships and grants. Life is expensive these days, especially if you… Related Posts: Financial Literacy Matters, Especially for Women. 13 Ways You Can Make Money. 10 Signs You Have a Toxic Relationship With Credit. Look How Far You've Come.

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Daily Digest – September 1. Mass. AG Sues Auto Lender For Violating State Call Limits; Calif. Legislature Approves State CFPB

Account Recovery

MASS. AG SUES AUTO LENDER FOR VIOLATING STATE COLLECTION CALL LIMITS, AMONG OTHER VIOLATIONS The Attorney General of Massachusetts yesterday announced a lawsuit against Credit Acceptance Corp., a subprime auto lender, for knowingly originating loans to individuals even though it knew they would be unable to repay them, and then said the lender “harassed” those … The post Daily Digest – September 1.

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Web Chat Services for AR: Never Miss a Payment Opportunity

PDC Flow

The way consumers interact with your business has changed. Many people prefer to do research about your company before speaking to you – especially in accounts receivable, when you’re asking them to pay a bill. Just as in any other industry, good website design is now a must in AR. Offering web chat services can be your agency’s differentiating factor between abandoned payment and a closed account.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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What Is Medicare Part B?

Nerd Wallet

Medicare Part B is the portion of Medicare best known for covering doctor visits and other outpatient medical services. In 2020, most people pay a monthly premium of $144.60. This premium is adjusted each year and can vary depending on your income. You become eligible for Medicare Part B at age 65 and need to. Walecia Konrad is a writer at NerdWallet.

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A/B Testing & Machine Learning in Digital Debt Collections

Re:Ceeve

All companies—no matter their industry, size, or location—have one ultimate goal in mind at all times: improvement. It’s only natural for companies to want to get better at what they do. Perhaps you want to improve your productivity, the quality of your products, or your customer satisfaction. These are all valid goals. So how can you make these desired outcomes a reality?

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CFPB Data Shows Consumers Held Up Well During Initial Months of Pandemic

Account Recovery

There was an overall drop in delinquency rates among mortgages, credit cards, auto loans, and student loans during the first few months of the coronavirus pandemic, according to data released yesterday by the Consumer Financial Protection Bureau, which also indicated that individuals were not using their credit cards to keep themselves financially afloat.

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Tenth Circuit Affirms Order Allowing Discharge of Private Student Loans

Troutman Sanders

On August 31, 2020, the Tenth Circuit affirmed the United States Bankruptcy Court for the District of Colorado’s holding that certain student loans not guaranteed by a governmental unit may be discharged in bankruptcy. Navient Solutions, LLC argued that the debtors’ student loans were excepted from their Chapter 13 discharge under 11 U.S.C. § 523(a)(8)(A)(ii) which excepts “an obligation to repay funds received as an educational benefit, scholarship, or stipend.

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Operational Strength Starts with People: The New Rules of Finance Leadership

Speaker: Melissa Hurrington

What’s holding finance teams back isn’t just process inefficiency. It’s culture gaps, reactive mindsets, and missed opportunities to lead real change. In an era of disruption, finance leaders can no longer afford to operate on autopilot and the most resilient teams aren’t just efficient—they’re connected, talent driven, and culture-focused. Join Melissa Hurrington for an exploration into how finance leaders can evolve beyond process and numbers to create adaptive, people-powered teams that thriv