FFGN COLLECT NY

JUNE 2, 2022

The court has refused to prevent non-lawyers from the New York-based nonprofit Upsolve from offering legal advice to help consumers defend debt collection lawsuits. This goes against well-settled rules relating to legal advice that only a lawyer can dispel legal advice. But to allow non-lawyers to offer legal advice?

Lawyers 52

Lawyers Collections Law Firms Judgment 52

BN Lawyers

FEBRUARY 13, 2024

Legal Alert: New Reporting Rule New year, new you? Reporting Companies must report their (1) legal name and any tradename or DBA, (2) address, (3) state of formation, and (4) taxpayer ID (EIN). Disclaimer This legal alert is for informational purposes only. New year, new regulations! Beginning January 1, 2024, the U.S.

Law Firms 52

Law Firms Financial services Banks 52

Jimerson Firm

JANUARY 23, 2023

Limitation of Liability and Disclaimer of Warranties The credit agreement should include provisions addressing warranties. The Uniform Commercial Code (UCC) includes requirements for such a disclaimer of warranties to be effective.

Construction 52

Construction Manufacturing Bankruptcy Judgment 52

Public Citizen

JANUARY 18, 2021

Here's the abstract: Legal scholars have devoted considerable attention to contractual design that exploits consumers’ vulnerabilities (“the paper deal”). However, scant attention has been given to the role of pre-contractual promises that are disclaimed or qualified in the fine print (“the oral deal”).    

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Collection Industry News

JULY 12, 2022

The Consumer Financial Protection Bureau (CFPB) has issued a legal interpretation to ensure that companies that use and share credit reports and background reports have a permissible purpose under the Fair Credit Reporting Act (FCRA). Source: site.

Education 40

Education Collections 40

Troutman Sanders

DECEMBER 6, 2021

The Taskforce was formed in October 2019 by then-CFPB Director Kathy Kraninger to examine the existing consumer financial services legal and regulatory environment, and to report the Taskforce’s recommendations for improving and strengthening consumer financial laws and regulations.

Financial services 52

Financial services 52

PDC Flow

FEBRUARY 29, 2024

Reminding how to identify and respond to call baiters may keep you out of needless legal trouble later. It can make them think of the legal term, and confuse or concern them unnecessarily. Prepare your staff for higher risk of call baiting and other difficult scenarios. Include support staff in pertinent training.

Collections 96

Collections Debt settlement Collection Agencies Collections Agency 96

PDC Flow

DECEMBER 27, 2023

Sometimes, your payment QR code may need to be placed in a certain space on a letter or notice for legal or design reasons. If your company must follow legal guidelines or have limited space, a small, general code should be used. - ABOUT THE AUTHOR - Hannah Huerta , Marketing Specialist Hannah Huerta is a Marketing Specialist at PDCflow.

Healthcare 75

Healthcare Retail Trade Collections 75

FFGN COLLECT NY

JANUARY 5, 2022

Here are some suggestions for creditors and consumers (not intended as legal advice) that I am going to implement personally when it comes to debt collection messaging. Electronic communication must provide the consumer means to opt out. What the Changes to the Debt Collection Communication Guidelines Mean For You.

Collections 52

Collections Debt collector Fair Debt Collection Creditors 52

PDC Flow

JUNE 2, 2020

Our services enable our customers and partners to operate remotely, improve security and efficiency, and reduce legal and compliance related risks. Disclaimer Information. “PDCflow’s mission of delivering convenience is more important than ever in these uncertain times,” says Bills. Learn More About FLOW. About PDCflow.

Consumer Credit 53

Consumer Credit Collections 53

Consumer Financial Services Law

NOVEMBER 12, 2019

Importantly, the Informational Statement also included a lengthy disclaimer which provided as follows: This statement is sent for informational purposes only and is not intended as an attempt to collect, assess, or recover a discharged debt from you, or as a demand for payment from any individual protected by the United States Bankruptcy Code.

Bankruptcy 40

Bankruptcy Creditors Legal Rights Foreclosure 40

FDCPA Defense

MAY 11, 2017

When, if ever, should collection law firms include disclaimers on their collection letters, indicating that no attorney of the firm has reviewed the particular circumstances of the debtor’s file? If the requirement for “meaningful involvement” is truly meaningful, can it safely be disclaimed away? The answer is unclear. In Greco v.

Law Firms 40

Law Firms Debtor Creditors Collections 40

PDC Flow

JANUARY 12, 2024

When agencies take time to put root cause analysis methods into practice, they create a culture of accountability, experience greater employee satisfaction, and reduce the possibility of legal action. Subscribe for weekly updates or to our monthly newsletter. She creates content for the accounts receivable and payment industry.

Collection Agencies 70

Collection Agencies Collections Agency Collections Education 70

PDC Flow

AUGUST 18, 2020

One day she announced to the attorneys in the firm that her family member needed legal help at his business and inquired whether we could help. There are many ways for the industry to keep their finger on the pulse of what’s happening on the legal landscape. Disclaimer Information. Related Articles.

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Collections Debt collector Law Firms Trade 98

PDC Flow

AUGUST 4, 2020

Request legal wet signatures - Send contracts, payment authorizations for recurring billing schedules, or other documents that require a signature. Because FLOW produces a legal wet signature, any document you send can be signed electronically. Disclaimer Information. Hannah Huerta is a Marketing Specialist at PDCflow.

Collections 57

Collections 57

Public Citizen

MAY 15, 2021

An entity can only meaningfully endorse goods or services on behalf of a decedent—or affirmatively disclaim their approval—where they (1) own the image, word, or symbol that is signaling endorsement and (2) are empowered to make legal decisions on their behalf.

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Burt and Associates

JULY 24, 2019

(2) A construction lien under this act attaches to the entire interest of the owner or lessee who contracted for the improvement, including any subsequently acquired legal or equitable interest. (3) Disclaimer: Michigan may have more current or accurate information. More information Contruction Lien Act (excerpt).

Mechanic’s Liens 40

Mechanic’s Liens Subrogation Construction 40

PDC Flow

NOVEMBER 9, 2021

Establish a Legal Business Entity. Simply claiming you are open for business doesn’t mean your company is recognized as a legal entity by the government. To make your business legitimate, you need to choose a legal business structure and apply for a license through the SBA. Disclaimer Information. Related Articles.

Loans 75

Loans Personal loans Banks Government 75

PDC Flow

JUNE 9, 2020

Learn the importance of an online presence in your payment strategy, the legal components that must appear on your website, how digital communications can benefit your payment strategy and more. Disclaimer Information. View the webinar recording today. Dawn Updike is a Marketing Manager at PDCflow. Related Articles.

Financial services 98

Financial services Healthcare Collection Agencies Collections Agency 98

Credit Corp

JULY 26, 2021

DISCLAIMER. The information provided in this article does not, and is not intended to be, legal, financial or credit advice; instead, it is for general informational purposes only. . First, create a clear legal will and name an executor. Losing a loved one is hard on so many levels. Preparing for Debts after Death.

Student loans 98

Student loans Student Loans Credit Card Debt Loans 98

PDC Flow

OCTOBER 26, 2021

Legal professionals for the ARM industry, like Leslie Bender and Joann Needleman of Clark Hill Law , have been addressing Regulation F implementation challenges since the rule was proposed. Disclaimer Information. Since then, they have continued to be a guiding voice for debt collectors throughout the rulemaking process.

Debt collector 85

Debt collector Creditors Collections Fair Debt Collection 85

Credit Corp

APRIL 21, 2021

In addition to being legally required in many instances, insurance is often a good investment for your wallet and your peace of mind. DISCLAIMER. The information provided in this article does not, and is not intended to be, legal, financial or credit advice; instead, it is for general informational purposes only. .

Auto Insurance 81

Auto Insurance Home Insurance 81

Collection Industry News

JULY 20, 2020

There have been several court decisions to come down the pipeline regarding legal-related language and disclosures in collection letters. To begin, “settlement” is broadly understood by the public as a legal agreement used to avoid litigation. And the legal language itself does not indicate any scintilla of imminence.

Debt collector 40

Debt collector Collections Judgment Fair Debt Collection 40

PDC Flow

FEBRUARY 16, 2024

Wet Signature Wet signature is another term used to describe a legally binding signature. PDCflow payment authorization esignatures are legally binding, and create further proof that a customer meant to make their payment. This shows they were the individual who initiated and completed the transaction.

Banks 78

Banks Collection Agencies Collections Agency Collections 78

True Accord

APRIL 4, 2023

Disclaimer: The information provided in this blog post does not, and is not intended to, constitute legal advice. In a previous webinar, Coast to Coast—the State of Privacy and Compliance in 2023 , TrueAccord’s legal experts discussed the newest federal privacy laws and all the related compliance issues.

Collections 54

Collections Lawyers Financial services Banks 54

PDC Flow

NOVEMBER 30, 2021

Express consent is typically gathered in writing, either through a legal wet digital signature tool or on paper. Related Articles Disclaimer Information. Express consent is more formal, and generally preferred by attorneys, as it provides a greater defense if challenged. Hannah Huerta , Marketing Specialist.

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Creditors Credit Unions Credit Unions Debt collector 78

PDC Flow

AUGUST 3, 2021

Plus violating TCPA and FDCPA rules can have severe legal consequences. Disclaimer Information. Those not following phone carrier terms of service can be blocked at increased rates or even dropped from carrier service. PDCflow has analyzed all of the latest requirements and adjusted our SMS messaging offerings accordingly.

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Government Collections 94

Collection Industry News

SEPTEMBER 8, 2020

e) Indicating that papers being sent are legal forms, when they are not. f) Indicating that papers being sent are not legal forms, when they are. h) They will seize, garnish, attach, or sell property or wages, unless the collection agency or creditor intends to do so, and it is legal to do so. L) Using a false name.

Fair Debt Collection 40

Fair Debt Collection Collections Debt collector Credit Bureau 40

PDC Flow

NOVEMBER 14, 2023

These require a legal signature authorization, such as a digital signature gathered through a Flow request. Related Articles Disclaimer Information The post Learn How to Set Up ACH Payments and Boost Your Business Now appeared first on PDCflow. CCD - CCD payments are ACH credits or debits to a business account.

Financial Institution 64

Financial Institution Banks Government 64

Credit Corp

NOVEMBER 5, 2021

Disclaimer: The views and opinions expressed in this article are those of the author only and are not endorsed by Credit.com. Certified B Corps are legally required to balance profit and purpose. Did you know that many traditional banks use your deposits to fund companies that may not align with your values? GABV Institutions.

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Banks Credit Unions Credit Unions Financial Institution 98

PBWT

NOVEMBER 15, 2020

The court held that the transfers were a “settlement payment” because they were part of the securities transaction involving Holding’s notes issuance, and also that they were “in connection with a securities contract” because Holdings was legally bound to use the proceeds of the notes issuance to pay Defendants.

Bankruptcy 104

Bankruptcy Financial Institution Debtor Judgment 104

PDC Flow

JANUARY 24, 2023

He has a wide range of experience, including consumer, commercial, international and legal collections. Related Articles Request Demo Contact Sales Get Started Disclaimer Information The post Digital Operations Impact on Debt Collection, from Team Structure to ROI appeared first on PDCflow.

Collections 71

Collections Client Management Debt collector Legal Collections 71

Consumer Financial Services Law

JANUARY 23, 2017

In any oral communications, Include a disclaimer that no attorney has been reviewed the account at issue; and Clearly identify the person making the call, his job title and identify themselves as being from the “Collections Department”.

Law Firms 40

Law Firms Collections Debt collector 40

PDC Flow

OCTOBER 12, 2021

Bender counsels financial services and healthcare clients on a broad range of privacy, data security, and consumer financial protection laws relying upon her strategic and legal experience as a general counsel. Disclaimer Information. Hannah Huerta , Marketing Specialist. Hannah Huerta is a Marketing Specialist at PDCflow.

Debt collector 81

Debt collector Financial Institution Financial services Collections 81

PDC Flow

NOVEMBER 3, 2020

Recall that the implementation of the Payday Rule was delayed due to legal challenges and re-consideration of the Ability-to-Repay (ATR) Provision by Director Kraninger. Disclaimer Information. Ultimately the ATR provision was pulled from the Payday Rule. Subscribe to the PDCflow blog: Share this post! Related Articles.

Debt collector 52

Debt collector Collections Fair Debt Collection Education 52

PDC Flow

AUGUST 11, 2023

For instance, legally required messages like a model validation notice may not be as engaging as a simple payment request to a consumer you’ve already made contact with. Related Articles Disclaimer Information The post Data-Driven Debt Recovery: A Proven 5-Step Email Strategy appeared first on PDCflow.

Debt Recovery 88

Debt Recovery Collections Collection Agencies Collections Agency 88

Collection Industry News

NOVEMBER 8, 2021

He also states explicitly that he “would warn consumer reporting companies against trying to evade their responsibilities by issuing a disclaimer that their report might not be matched to the right person.” It cautions that “multiple additional elements beyond names may often be needed to meet the [FCRA requirement].”.

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Collections Government 40