Account Recovery
OCTOBER 27, 2023
The Commonwealth Fund released a report yesterday on healthcare affordability, which is based on a survey it conducted of more than 6,000 consumers nationwide. Many Americans are struggling to afford healthcare and one-third of the survey’s respondents said they were overwhelmed with medical debt. Here are some of the survey’s key findings.
Jimerson Firm
OCTOBER 27, 2023
Getting Your Deposition Taken The thought of sitting for a deposition, whether you’re a litigant or a third-party witness, can be quite daunting, especially if you’ve never been through the process before. Keep in mind, however, that a deposition is simply part of the fact-finding process. The purpose of a deposition is for the deposing attorney to learn facts about the case.
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Account Recovery
OCTOBER 27, 2023
Collector Sued for Disclosing Debt Would be Removed if Paid, but Wasn’t on Credit Report to Begin With N.J.
Roths Child Law
OCTOBER 27, 2023
Many people struggle to pay off their debts. This can happen, for example, after people can’t pay off credit cards and struggle to recover from late fees. Or, to people who suffer from an injury and face medical bills but then face unemployment because of their medical condition. Bankruptcy is a tool debtors can use to resolve their debt obligations.
Speaker: Mark Stovel
When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.
Account Recovery
OCTOBER 27, 2023
EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more?
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
OCTOBER 27, 2023
The Appellate Division of the Superior Court of New Jersey has affirmed a lower court’s ruling in favor of a defendant that was sued in New Jersey small claims court for violating the Fair Debt Collection Practices Act, agreeing with the lower court that the suit was filed in the wrong jurisdiction.
Collection Industry News
OCTOBER 27, 2023
Rite Aid filed for Chapter 11 bankruptcy protection in New Jersey on Sunday and said it would begin restructuring to significantly reduce its debt. The company said it reached a deal with creditors on a restructuring plan that includes evaluating its retail footprint and closing underperforming locations. Rite Aid also said lenders agreed to extend $3.45 billion in new funding to “provide sufficient liquidity” as it embarks on its restructuring plan.
Account Recovery
OCTOBER 27, 2023
A federal judge in Texas has expanded the stay against the Consumer Financial Protection Bureau’s plan to enforce a rule designed to combat gender and racial discrimination in small business lending to cover all financial institutions impacted by the rule.
NACM
OCTOBER 27, 2023
?️ On today's episode of NACM's Extra Credit podcast.?♂️ Burnout has become a corporate vampire, draining the life out of employees through emotional exhaustion and lost productivity.
Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert
In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.
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