Thu.Jan 09, 2025

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Judge Grants MTD in FDCPA Case Over ID Theft

Account Recovery

A District Court judge in Illinois has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act case, ruling the plaintiff lacked standing after alleging violations related to a disputed debt originating from identity theft. The background: The case stemmed from a credit card account fraudulently opened in the plaintiff’s name with a retailers branded credit card.

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What Does It Take to Be a Debt Collector? A Look at a Professional’s Training and Tools

American Profit Recovery

There are many great career opportunities in the debt collection industry. And one of them is being a professional debt collector. Professionally trained debt collectors serve several purposes. They of course assist a business with improving cash flow by bringing late and non-paying customers to the table. And they help consumers navigate challenging financial situations.

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Getting to Know Brooke Teal of Phillips & Cohen Associates

Account Recovery

I am thrilled to announce that the Getting to Know series will be sponsored by TEC Services Group in 2024. TEC Services Group is the leading technology and professional services firm in the credit collections industry offering both leading industry solutions along with unrivaled, unbiased, and experienced support. TEC is now extending its services by offering proven, industry-leading technology solutions alongside of our Professional Services to help Clients feel confident in their technology de

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CFPB Seeks Input on Digital Payment Privacy and Consumer Protections

Consumer Finance

Today, the CFPB announced that it is seeking public input on strengthening privacy protections and preventing harmful surveillance in digital payments, particularly those offered through large technology platforms.

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Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

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PDCflow Recognized with the 2024 Best Customer Support Badge

PDC Flow

We are thrilled to announce PDCflow has been recognized with the Best Customer Support Badge by Software Advice , a leading software recommendation engine that helps businesses find the right software. This Best of badges program is an independent assessment that evaluates user reviews to help buyers identify highest-rated software companies in specific categories that offer the most popular solutions.

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Mechanic’s Liens: What is a notice of contract?

Collections Law

Before a business owner can file a mechanics lien for an unpaid construction or building debt, they must first establish a contract by filing a notice of contract. What is a notice of contract and why do you need it for a mechanics lien? At Law Offices of Alan M. Cohen & Associates LLC, our commercial collections attorneys have more than 50 years of experience helping Massachusetts business owners ethically collect their unpaid debts.

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Daily Digest – January 9. Getting to Know Brooke Teal of Phillips & Cohen Associates; Groups Sue CFPB Over Medical Debt Credit Reporting Rule

Account Recovery

Getting to Know Brooke Teal of Phillips & Cohen Associates Groups Sue CFPB Over Medical Debt Credit Reporting Rule Judge Grants MTD in FDCPA Case Over ID Theft Credit Card Debt Keeps Creeping Upward Toward Record Levels WORTH NOTING: Some of the coolest tech that has come out of this year’s CES conference … How to get more movement into your screen-filled life … The Girl Scouts are retiring two of their cookie varieties after this year’s sale concludes … The top

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Credit Card Debt Keeps Creeping Upward Toward Record Levels

Account Recovery

The credit card debt picture for consumers is getting uglier and uglier by the day. A pair of reports released this week paint a picture that is increasingly bleak for consumers, who are falling further and further behind on their credit card payments and paying less and less of their debts off every month. Nearly half (48%) of credit cardholders are carrying a balance month-to-month, according to Bankrate’s November 2024 data.