Sat.Jan 09, 2021 - Fri.Jan 15, 2021

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Judge Grants MSJ For Defendant, Vacates Class Certification In FDCPA Creditor ID Case

Account Recovery

A District Court judge in Wisconsin has granted a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act class-action case, determining that the plaintiff lacked standing to sue because he took no action to clarify his confusion over whom he should pay after receiving a collection letter from the defendant. The judge … The post Judge Grants MSJ For Defendant, Vacates Class Certification In FDCPA Creditor ID Case appeared first on AccountsRecovery.net.

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Why this collection agency tracks consumer compliments

American Profit Recovery

You might not think to place the words collection agency and compliments in the same sentence, especially when it comes to the consumers debt collectors are calling on. But let us take a few minutes to explain to you why those two, do indeed belong in the same sentence and discussion. We have been tracking consumer compliments for well over a year now.

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More Americans Are Saving Than Ever Before, Though in Unequal Amounts

Nerd Wallet

Families across the U.S. are financially diverse — and so is how they save. But across the board, more are saving now than ever before, whether it’s for emergency expenses or retirement. The recently released 2019 Survey of Consumer Finances from the Federal Reserve Board allows a 30-year look-back on family finances to see how. Elizabeth Renter writes for NerdWallet.

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B2B Debt Collections in 1.2.3

Enterprise Recovery

If you've agreed to contract with another business, you are providing valuable products and services that benefit their company's success. Likewise, their payment to your business is cash flow that keeps your company running smoothly. When your business fulfills its obligation but your client doesn't pay, it could sour the relationship and put your cash flow at risk.

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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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Beam Software Continues Annual Support of Hope 4 Communities and Tidewell Hospice

Account Recovery

This holiday season, Beam Software continues our support of South Florida neighbors through donations to Hope 4 Communities and Tidewell Hospice, two charitable organizations that provide essential services to our local community. Our team is proud of our long-standing partnerships and support of charitable organizations. Together, we’ve been able to create positive change in the … The post Beam Software Continues Annual Support of Hope 4 Communities and Tidewell Hospice appeared first on

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More Trending

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A Pandemic Shift in Finances: Simplifying and Saving

Nerd Wallet

The pandemic has caused many people to reassess their priorities. There is talk of moving out of the city, simplifying life and saving more money. “I’m not going to spend money like that anymore,” my millennial daughter told me recently, talking about past shopping sprees on handbags, jewelry, and yes, lattes. “Financial security is fun. Hal M. Bundrick, CFP writes for NerdWallet.

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4 Practical Ways to Leave College Debt-Free

Credit Corp

The following is a guest post by Lisa Bigelow, a content writer for Bold. When it comes to paying for college, the anxiety about how to leave college debt-free starts early. And for thousands of grads who are buckling under the weight of monthly student loan payments that can cost as much as a mortgage, that worry can last for as long as 25 years. According to EducationData.org and The College Board, the cost of a private school undergraduate education can exceed $200,000 over four years.

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EDCA Judge Grants MTD in FDCPA Service Fee Case

Account Recovery

A District Court judge in California has granted a defendant’s motion to dismiss a class-action lawsuit after it was sued for violating the Fair Debt Collection Practices Act when it was sued because the collection agency it placed a debt with sent a collection letter that indicated the plaintiff would have to pay a service … The post EDCA Judge Grants MTD in FDCPA Service Fee Case appeared first on AccountsRecovery.net.

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How long does Chapter 7 bankruptcy stay on credit reports?

Roths Child Law

When a consumer in Tennessee has more debt than they can manage, bankruptcy may be the solution. Consumers commonly choose Chapter 7 bankruptcy, which allows them to erase certain debts, but filing for bankruptcy can impact credit scores. Chapter 7 bankruptcy and credit scores. Chapter 7 bankruptcy gets rid of debt more quickly than other types of bankruptcy through the liquidation of non-exempt assets.

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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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Does Medicare Cover Home Health Care?

Nerd Wallet

Medicare generally covers home health care services, including home health aides and certain therapies. To qualify for coverage, though, you’ll have to meet certain requirements. And for some services, you’ll be responsible for part of the cost. Which home health care services are covered by Medicare? Eligible services covered through Original Medicare — which comprises.

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7 Solid New Year’s Credit Resolutions for a Happier 2021

Credit Corp

We’re not going to lie—2020 was a tough year for everyone. Between COVID-19 and pandemic-driven layoffs, we’re all ready to move on from last year. So, what are your new year’s credit resolutions for 2021? Do you want to improve your credit score , pay your bills on time or create a savings plan? If you haven’t thought of any financial resolutions yet, don’t worry.

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Plaza Services Supports Voices for Georgia’s Children This Holiday Season

Account Recovery

Plaza Services, LLC gives back to our local community this holiday season with a donation to Voices for Georgia’s Children, a nonprofit organization that helps to improve the well-being of children through support and advocacy efforts. Voices for Georgia’s Children (also known as Voices) is a nonprofit child policy and advocacy organization that envisions a … The post Plaza Services Supports Voices for Georgia’s Children This Holiday Season appeared first on AccountsRecovery.ne

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Mitigating Risks Associated with Hotel, Restaurant and Entertainment Industry Economic Challenges – Part 7: Expediting the Commercial Foreclosure Process Under Section 702.10, Florida Statutes

Jimerson Firm

The first half of this series evaluated options available to lenders prior to instituting a commercial foreclosure action. The second-half of this series has evaluated available options to lenders during the pendency of the foreclosure action. Since there are additional considerations for lenders dealing with lending to hotels, restaurants and others in the entertainment industry, obtaining fast relief is critical.

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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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Jump-Start Your Credit: Begin With a Free Credit Score

Nerd Wallet

Like many people who set money goals for 2021, you may have your eye on a better credit score. But it can feel like such a big job that it’s hard to know where to start. Try breaking it down into smaller tasks you can check off, one per week: Check your free credit score and. Bev O'Shea writes for NerdWallet. Email: boshea@nerdwallet.com. Twitter: @BeverlyOShea.

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In a Year Full of Loss, a Big Win for our VITA Field

Prosperity Now

In a year full of loss, our Volunteer Income Tax Assistance (VITA) advocates notched a big win: Congress funded VITA

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Daily Digest – January 11. The Best $197 You Will Spend This Year; Judge Denies MTD in FDCPA Case Over Missing Reference in Letter

Account Recovery

THE BEST $197 YOU WILL SPEND THIS YEAR Since the pandemic started last March, one of the most frequent discussion topics that has come up is how can agencies stay connected with their collectors, many or most of whom are working from home. We miss the camaraderie, the shared experiences, and the opportunity to come … The post Daily Digest – January 11.

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Important Tax Document Enclosed: 4 Tax Forms to Watch Your Mailbox For

Credit Corp

It’s the most wonderful time of the year—time to receive your tax documents! Ok, maybe it’s not the most wonderful time of the year, but it is an important time to keep an eye on your mailbox for documents marked “important tax return document enclosed.” The IRS requires many tax forms to be mailed by January 31, which means you will be receiving those documents in the coming weeks.

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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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4 Financial ‘Experts’ Who Could Steer You Wrong

Nerd Wallet

None of us knows everything we need to know about money, so we may turn to experts for help. But some money professionals who offer advice are not qualified to do so — nor are they required to put our interests ahead of theirs. Be cautious when accepting advice from the following sources. The dealership. Liz Weston writes for NerdWallet. Email: lweston@nerdwallet.com.

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Virtually Advocating for Policy Change During a Pandemic

Prosperity Now

Special thanks to Montana state Sen. Tom Jacobson, (State District 11), and Rachel Cohen, Legislative Assistant for Rep.

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The Best $197 You Will Spend This Year

Account Recovery

Since the pandemic started last March, one of the most frequent discussion topics that has come up is how can agencies stay connected with their collectors, many or most of whom are working from home. We miss the camaraderie, the shared experiences, and the opportunity to come together to try and achieve a common goal. … The post The Best $197 You Will Spend This Year appeared first on AccountsRecovery.net.

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Resources for Taking Care of Your Mental Health and Wealth

Dear Debt

What we’ve gone through this week with the siege of the U.S. Capitol is traumatic and unsettling. At times, I’ve felt my mind blurry, unable to write or think or… The post Resources for Taking Care of Your Mental Health and Wealth appeared first on DEAR DEBT.

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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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Losing Your Simple Account? Some Alternatives Worth a Look

Nerd Wallet

The Jan. 7 announcement that online banking service Simple would be shutting down led some customers to express dismay on social media over losing beloved app features. The closure means that sometime in the near future, Simple accounts will be transitioned to accounts at BBVA USA, the bank which held customer deposits behind the scenes. Chanelle Bessette writes for NerdWallet.

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Consumer Financial Protection Bureau and National Credit Union Administration Sign Memorandum of Understanding

Consumer Finance

The Consumer Financial Protection Bureau and the National Credit Union Administration announced a Memorandum of Understanding agreement to improve coordination between the agencies related to the consumer protection supervision of credit unions over $10 billion dollars in assets.

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Bill Introduced in Colorado to Extend Moratorium on ‘Extraordinary’ Collection Actions

Account Recovery

The Colorado legislature kicked off its 2021 session yesterday and the second bill that was introduced in the state Senate was a measure to extend the moratorium on “extraordinary” collection actions in the state until June 1. A copy of the bill, which was introduced by state Senators Faith Winter and Julie Gonzales, and state … The post Bill Introduced in Colorado to Extend Moratorium on ‘Extraordinary’ Collection Actions appeared first on AccountsRecovery.net.

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Delaware Bankruptcy Court Issues Decision on Whether a Debtor Can Be a “Financial Participant”

PBWT

We have blogged previously about section 546(e) , the Bankruptcy Code’s safe harbor for certain transfers otherwise subject to avoidance as preferences or fraudulent transfers. See 11 U.S.C. § 546(e). Among the transfers protected by the section 546(e) safe harbor are transfers by or to a “financial participant” made “in connection with a securities contract.” Id.

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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