Fri.Feb 09, 2024

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Daily Digest – February 9. Collector Facing FDCPA Suit Over BK Filing, Not Making SOL Disclosure; Judge Dismisses FDCPA Suit Over Collection Suit Filed in Wrong Jurisdiction

Account Recovery

Collector Facing FDCPA Suit Over BK Filing, Not Making SOL Disclosure Judge Dismisses FDCPA Suit Over Collection Suit Filed in Wrong Jurisdiction CFFP Reaches $12M Settlement With Foreclosure Relief Scammers, 10 Years After Filing Lawsuit FCC Bans Use of AI in Robocalls 2024 Officers & Directors Elected to Lead Receivables Management Association International WORTH NOTING: […]

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The Ethical Collection Of Business Debts

Collections Law

In an economy where cash flow is a critical lifeline for any business, companies can find themselves at a crossroads if their customers or clients fail to satisfy their debts and follow through on their payment obligations. At Law Offices of Alan M. Cohen & Associates LLC, our commercial collections attorneys have over five decades of commercial collections experience.

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What Happens to the Merchant When You Dispute a Charge?

Credit Corp

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. If you successfully dispute a charge, the bank will notify the merchant and return funds to the issuing consumer via a chargeback.

Banks 59
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What Are Antecedent Transactions For An Insolvent Business?

Hudson Weir

Antecedent transactions are ones that occurred prior to a company beginning formal corporate insolvency proceedings. Specifically, they are transactions that took place while the company was insolvent or led to the company’s insolvency. When a company enters insolvency proceedings, the appointed insolvency practitioner or administrator looks for antecedent transactions.

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Solve Your Firms Automation Complexities Once and For All

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.

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How Long Does Foreclosure Take?

Credit Corp

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. MA non-judicial mortgage foreclosure can take about 120 days, or four months, to complete. Judicial foreclosures vary depending on your state.

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Can You Get a Tax Break for Buying a House?

Credit Corp

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. After a long year, tax season is finally upon us. You’re probably getting all your ducks in a row—collecting all the information you need, choosing your tax software, and so on.

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12 Reasons Why My Car Insurance Is So High

Credit Corp

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Nearly 215 million U.S. drivers carry car insurance, and many may ask themselves, “Why is my car insurance so high?” If you’re one of those Americans, know that there are ways you can take control of the situation and reduce your insurance premiums.

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Does Debt Relief Hurt Your Credit?

Credit Corp

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Debt relief won’t hurt your credit alone. However, closing your oldest accounts can drastically lower your standing. Debt relief and debt settlement options don’t hurt your credit score on their own.

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What Is a Credit Card Number & How Can You Protect It?

Credit Corp

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. A credit card number is the specific number attached to your credit card. It includes a major industry identifier number, your account identifier, and a checksum.

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Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

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.