Sat.May 21, 2022 - Fri.May 27, 2022

The Monetization Of Intellectual Property In Bankruptcy And Restructuring

In the Red

ABI Panel. Last month I had the honor of speaking on a panel at the American Bankruptcy Institute’s 2022 Annual Spring Meeting in Washington, D.C. The topic of our panel was the Monetization of Intellectual Property in Bankruptcy and Restructuring.

Appeals Court Overturns Ruling Over ‘This is an Attempt to Collect’ Disclosure in Statement

Account Recovery

This is one of those cases where I am going to remind everyone that I am not a lawyer and I could be completely off-base, but as I read this ruling, I thought it offered an interesting lesson that putting the mini-Miranda on every communication might not be the best idea.

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Trending Sources

CFPB and New York Attorney General Shut Down Debt Collection Ring

Consumer Finance

The Consumer Financial Protection Bureau (CFPB), in partnership with the New York Attorney General, filed a proposed stipulated judgment in federal court to settle its case against a debt collection enterprise and its owners and managers.

Stagflation Could Be Ahead for US Economy

NACM

Stagflation occurs when increasing prices and slowing economic growth occur at the same time.

52

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.

Pourquoi adopter l’utilisation d’un outil I&E (Emplois & Ressources)

Qualco

L'utilisation de l'outil I&E (Income & Expenditure en anglais, c'est à dire Emplois & Ressources) en matière de restructuration de créances est très répandue dans plusieurs pays européens, mais reste toujours limitée en France.

More Trending

Number of Businesses going bust doubles in 2022

UK debt collections

Businesses going bust and company insolvencies are at more than double their 2021 levels for the second consecutive month warns a leading Trade body. Alarming figures for April published by the Insolvency Service for England and Wales show a 115 per cent rise on April 2021.

Trade 52

Crypto Exchange Platforms Grapple with Consequence of Filing Bankruptcy

PBWT

In the world of cryptocurrency, exchange platforms act as intermediaries allowing investors to buy and sell assets while making money through commissions and transaction fees. Any assets purchased may be held in either non-custodial or custodial wallets.

Open Banking in debt collections: The data-fueled future is here

Qualco

Open Banking has been in the public eye for some time now. Despite the general need for change from the creditor's side, the pandemic played a catalyst role. The increased demand for digitisation acted as an enabler to the Open Banking era.

Banks 52

Scammers Banned from Industry, to Pay $4M in Fines After Being Sued by CFPB, NY AG

Account Recovery

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.

What to Do if You Can’t Afford Car Insurance

Nerd Wallet

Between rising gas and car-repair prices, it’s an expensive time to be a driver. And car insurance is no exception. But while you can’t control problems like labor shortages and supply chain issues, there are steps you can take to lower your insurance bill.

Council hit with huge writ for Unpaid Care home fees

UK debt collections

A Council in Wales has been hit with a high court writ to recover unpaid care home fees it owes. Gwynedd Council is reported to owe a large sum to a private care home service provider.

Former Student Falsely Accused of Sexual Misconduct Wins $5.3 Million Jury Award for Defamation and Civil Conspiracy

Fraser

A jury in South Carolina awarded a former Clemson University student $5.3 million in connection with defamation and civil conspiracy claims he brought against three individuals stemming from false allegations of sexual misconduct.

Compliance Digest – May 23

Account Recovery

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics.

73

New Laws, Lenders Boost Access to Affordable Small Loans

Nerd Wallet

Inflation has come down especially hard on people already struggling to put gas in their tanks and groceries in their refrigerators. For many, a payday loan may seem like the only way to get necessary cash.

Business insolvencies predicted to skyrocket

UK debt collections

Trade Credit insurers Allianz Trade have predicted that Business insolvencies will skyrocket. They predict company insolvencies will rise by a huge 37% this year. This would see the UK become the first big European economy to reach pre-pandemic levels of corporate insolvencies.

Trade 56

PDCflow QR Codes: Faster, Simpler, More Successful Customer-Initiated Payments

PDC Flow

Ogden, Utah – PDCflow announces the recent release of QR code payment portal links and Flow requests.

52

Daily Digest – May 24. Scammers Banned from Industry, to Pay $4M in Fines; Judge Grants MTD in FDCPA Class Action

Account Recovery

A Guide to TSA PreCheck for Military Members

Nerd Wallet

Are you in the military — or do you know someone who is? Do them a favor and tell them to sign up for TSA PreCheck, the trusted-traveler program that helps you move quickly through the airport. Popular with many travelers, TSA PreCheck gives military members additional benefits.

81

Burr & Forman Successfully Represents Qui Tam Plaintiff in Fraudulent Billing Case

Burr Forman

Andrew Melling, a Burr & Forman Partner in the firm’s Columbia, South Carolina office, has successfully represented a qui tam plaintiff in a Federal False Claims Act case that saw VirtoOx, Inc., a Medicare approved Independent Diagnostic Testing Facility, agree to pay $3,150,000.00

Technology in Collection: 21 Must-Know Buzzwords

True Accord

Your Guide to Key Terms for Today’s Debt Recovery Strategy. Reaching consumers today requires a more sophisticated process than simply dialing the phone or sending a generic email, especially when it comes to debt recovery and collection.

CFPB Reorganizes and Launches New Office to Promote Competition and Innovation

Account Recovery

The Consumer Financial Protection Bureau yesterday announced it was replacing its Office of Innovation with a new Office of Competition and Innovation that aims to “spur” innovation in the financial services industry by promoting competition and making it easier for “new market entrants.”

Kids’ Banking App Greenlight to Launch Family Cash Card for Parents

Nerd Wallet

Greenlight, a financial technology company offering a banking app and debit card for kids and teens to use with a parent’s oversight, is creating a credit card for parents who want to use earned rewards to invest for the future.

Banks 69

Americans Concerned About Economic Cost of Russian Sanctions, Poll Shows

NACM

Americans are becoming less concerned about punishing Russia for invading Ukraine and more concerned about the cost those sanctions are having on the economy, according to a poll from The Associated Press-NORC Center for Publish Affairs Research.More than half (51%) of U.S.

52

Variety of online payment options no longer the solution for businesses to encourage customers to pay

On Guard

Systems that do not work properly are a major source of frustration. Amsterdam, 24 May 2022 – To ensure that customers make payments, 42% of finance professionals deployed a range of payment options in 2019. Over the years, this has proven not to be the solution for non-paying customers.

PRA Group President and CEO Honored with Community Builders Award

Account Recovery

NORFOLK, Va., May 20, 2022 /PRNewswire/ — Kevin Stevenson, president and CEO of PRA Group, Inc.,

Loans 62

How to Save Money on Hotels

Nerd Wallet

Frequent travelers have their routines set. They know how to maximize their elite status perks and how to save money on hotels in the process. Still, there are some tricks of the trade that may not be so familiar to everyone.

Trade 76

Pay in Installments or Full: Which is Better?

Nexa Collect

A debt collection agency will almost always allow you to make payments in installments. Should a borrower/debtor go for it or not? Benefits of Paying in Full (in one lump sum payment). You will likely strike a deal to settle the debt for a lower amount (keep insisting).

Price Meese prevails in federal court telecom suit

Price Meese

Click on attached opinion where Price Meese attorneys represented the prevailing party in a suit filed in the Federal District Court of New Jersey. Click here: Opinion. The post Price Meese prevails in federal court telecom suit appeared first on Price, Meese, Shulman & D’Arminio, PC.

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26 Companies Looking for Collection Talent

Account Recovery

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online.