Mon.Feb 05, 2024

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Conn. Gov. Pledges To Buy and Forgive $650M in Medical Debt

Account Recovery

The governor of Connecticut has announced a plan to cancel $650 million in medical debt for as many as 250,000 residents of The Nutmeg State, which would make it the first state to offer this type of relief.

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What Are Prepaid Debit Cards?

Credit Corp

What is a prepaid debit card? These cards are similar to standard debit cards, with a few exceptions. Just like standard debit cards, you can use prepaid cards to make in-person purchases at most locations that take Visa or Mastercard. In many cases, you can even use these cards to make online purchases. Instead of depositing money into an account at your local bank, you load money directly onto a prepaid debit card.

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Lawmakers Ask CFPB to Reopen Tech Payment Comment Period

Account Recovery

A trio of Republicans from the House Financial Services Committee sent a letter to Rohit Copra, the director of the Consumer Financial Protection Bureau, asking for the Bureau to revisit a number of aspects of its proposed rule that would give it the power to regulate a handful of tech companies what manage and facilitate […]

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Personal Guarantees Can Help You Get Paid

Collections Law

In the dynamic and sometimes volatile world of business transactions, your company’s financial stability and success depend upon being able to promptly and efficiently collect monies that are owed. One important tool in a creditor’s arsenal is the personal guarantee. Understanding how personal guarantees function can be critical when it comes to safeguarding your receivables and ensuring the future success of your business.

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How Collection Agencies Minimize Effort and Maximize Results with the Right Software

Navigating collections in the dynamic financial landscape presents multifaceted challenges. Organizations face pressures to maintain standards alongside software challenges like regulatory adaptations, data integration, security, workflow optimization, and automation. Finding the right software can save time and money. BEAM offers a comprehensive solution with specialized modules to streamline debt collection effortlessly.

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Compliance Digest – February 5

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. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

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Daily Digest – February 5. Judge Dismisses FDCPA Class-Action for Lack of Standing; Conn. Gov. Pledges To Buy and Forgive $650M in Medical Debt

Account Recovery

Judge Dismisses FDCPA Class-Action for Lack of Standing Conn. Gov.

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