Account Recovery

NOVEMBER 5, 2021

PREFERRED LAWYER CONFIRMS EN BANC REHEARING PETITION TO BE FILED IN HUNSTEIN CASE One of the attorneys representing the defendant in Hunstein v. Preferred Management & Collection Services confirmed yesterday that the defense will file another petition with the Eleventh Circuit Court of Appeals for an en banc rehearing of the case, seeking to vacate a ruling … The post Daily Digest – November 5.

Lawyers 246

Lawyers Collections 246

In the Red

NOVEMBER 2, 2021

. Each year amendments are made to the Federal Rules of Bankruptcy Procedure, which govern how bankruptcy cases are managed. The amendments address issues identified by an Advisory Committee made up of federal judges, bankruptcy attorneys, and others. The rule amendments are ultimately adopted by the U.S. Supreme Court and technically subject to Congressional disapproval.

Bankruptcy 228

Bankruptcy Credit Unions Credit Unions Government 228

American Profit Recovery

NOVEMBER 1, 2021

Improving cash flow should be a year-round process for your organization. Looking at the backbone of your business should not happen once a year. It should always be a top priority when running a business of any size. That being said, when we get towards the end of the year, it does provide a business with an opportunity to take a deeper look at the health of the business and ways to improve cash flow before the start of a new year.

Collection Agencies 194

Collection Agencies Collections Agency Debt collector Collections 194

Nexa Collect

NOVEMBER 1, 2021

Summary: Indeed! Individuals can be legally forced to pay their debts with their cryptocurrency, but the creditor must have a judgment which states that the debtor is obligated to pay off the debt, including any cryptocurrency they own. Knowing whether or not the debtor owns crypto like bitcoin is of course a challenge. That is why a creditor must attempt to file a legal suit in which the debtor must declare all his assets under oath when asked by the judge.

Debtor 130

Debtor Creditors Government Banks 130

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

NOVEMBER 4, 2021

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know Chris Dunkum of

Accounts Receivables Management 246

Accounts Receivables Management Collections 246

Consumer Finance

OCTOBER 31, 2021

CFPB Director Rohit Chopra released a statement today regarding the Report on Stablecoins issued by the President’s Working Group on Financial Markets, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation.

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Credit Corp

NOVEMBER 2, 2021

In a Nutshell. Yes, you might be able to get a home loan even if you owe taxes. Owing taxes or having a tax lien does make it harder and more complicated to get a mortgage. You can improve your chances of mortgage approval by actively working to resolve your tax debt even if you can’t pay it all off immediately. Failing to pay your federal income taxes can lead to the Internal Revenue Service placing a lien on your property or your assets.

Lender 110

Lender Loans Banks 110

Account Recovery

NOVEMBER 4, 2021

Oxford, MS – November 2, 2021. Security Credit Services, (SCS) an Oxford, MS based nationally known and trusted purchaser of both performing and non-performing receivables, announces its acquisition of Jormandy, LLC, based in Norfolk, VA. Jormandy, a purchaser and collector of receivables throughout the Commonwealth of VA, has always embraced the latest in software and … The post Security Credit Services acquires Commonwealth of Virginia based Jormandy appeared first on AccountsRecov

Acquisition 246

Acquisition 246

Nerd Wallet

NOVEMBER 4, 2021

This year, the excitement around what to give people for the holidays is clouded with a question: Will gifts arrive on time? According to NerdWallet’s annual Holiday Shopping Report, 68% of holiday shoppers anticipate that supply issues could cause the big-ticket items they’re looking for to be unavailable this year. The good news for consumers. Kimberly Palmer writes for NerdWallet.

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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.

Banks

UK debt collections

NOVEMBER 3, 2021

A shocking survey has revealed that 32% of businesses are spending up to 75% on late payment issues. Businesses are surprisingly spending more time chasing overdue debts when that time would be better used for more positive purposes. The online survey conducted by Debt Register, found that almost a third of all businesses spend up to three-quarters of their time on overdue invoices.

Collection Agencies 103

Collection Agencies Collections Agency Manufacturing Healthcare 103

Jimerson Firm

NOVEMBER 5, 2021

Jacksonville, Fla — November 5, 2021 — Jimerson Birr, a Florida-based business law firm, has been named one of the “Best Law Firms” for the third consecutive year, according to U.S. News – Best Lawyers® 2022 rankings. Firms recognized by U.S. News – Best Lawyers® go through a rigorous screening and selection process, which includes peer evaluation, demonstrated client success, previous honors and the size and scope of the practice.

Law Firms 98

Law Firms Lawyers Client Expectations Manufacturing 98

Account Recovery

NOVEMBER 5, 2021

One of the attorneys representing the defendant in Hunstein v. Preferred Management & Collection Services confirmed yesterday that the defense will file another petition with the Eleventh Circuit Court of Appeals for an en banc rehearing of the case, seeking to vacate a ruling that was issued last week by the original panel of judges. … The post Preferred Lawyer Confirms En Banc Rehearing Petition to be Filed in Hunstein Case appeared first on AccountsRecovery.net.

Lawyers 246

Lawyers Collections 246

Nerd Wallet

NOVEMBER 1, 2021

November mortgage rates forecast After climbing solidly higher in October, mortgage rates are likely to continue rising in November, but not as steeply. The average rate on the 30-year fixed-rate mortgage was 3.04% in October, a significant increase from September’s average of 2.91%. It was the biggest one-month increase since March, when vaccine rollouts were.

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Collection Agencies

UK debt collections

NOVEMBER 4, 2021

Newly released data from Time Finance has revealed some startling findings. The data shows that an astonishing 70% of SME’s and Small businesses are suffering from late payments from their customers. Time finance, a finance provider found that late payment debt was sometimes as high as £200,000 for 1 in 5 small business owners. The findings come despite the Government introducing a Prompt Payment Code.

Collection Agencies 100

Collection Agencies Collections Agency Government Collections 100

Credit Corp

OCTOBER 31, 2021

If you feel burdened under the weight of student loan debt, you’re not alone. In 2019, the average student loan debt total per person was more than $31,000. The good news is that you may be able to get part or all of your student loans forgiven. You also have the right to a fair and accurate credit report, and you can challenge the accuracy of information about your student loans as well.

Student Loans 98

Student Loans Student loans Loans Garnishment 98

Account Recovery

NOVEMBER 2, 2021

A District Court judge in New Jersey has granted a defendant’s motion to dismiss a class action Fair Debt Collection Practices Act case over language related to furnishing information about an unpaid debt to a credit reporting agency in a collection letter. A copy of the ruling in the case of Knight v. AR Resources … The post Judge Grants MTD in FDCPA Case Over Credit Reporting Language in Letter appeared first on AccountsRecovery.net.

Fair Debt Collection 246

Fair Debt Collection Collections 246

Nerd Wallet

NOVEMBER 1, 2021

Whether out of choice or necessity, many people spent less money in the last year and a half on things like entertainment, clothes and furniture. For some, that meant holding on to more of their income. If you were able to save some cash, you’ve set yourself up to withstand future financial crises, especially if. Margarette Burnette writes for NerdWallet.

Banks 108

Banks 108

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

UK debt collections

NOVEMBER 5, 2021

Switzerland spent more than seven million francs repatriating citizens in the first wave of the Covid pandemic. The Swiss government has started debt collection proceedings to recover almost half a million francs spent on Covid repatriations. Swiss authorities have begun debt collections against people who were flown back to the country at the government’s expense at the start of the pandemic. .

Government 98

Government Collections 98

FFGN COLLECT NY

NOVEMBER 4, 2021

There is no state as liberal as New York when it comes to commercial debt collection and the enforcement of judgments against commercial entities. New York Civil Practice and Rules Article 52 grants the judgment creditor many liberties and privileges when it comes to enforcing a judgment. To ensure the best possible outcome, you’ll want to make sure you have a good collection attorney who knows how to maneuver through New York’s liberal enforcement policies.

Judgment Enforcement 98

Judgment Enforcement Judgment Collections Financial Institution 98

Account Recovery

NOVEMBER 4, 2021

Many in the industry have lauded a series of rulings released in the past year that have raised the bar for plaintiffs to establish they have suffered an actual, concrete injury in order to have standing to sue. This has created a new dynamic, where plaintiffs are opting to file lawsuits in state courts — … The post Judge Grants Plaintiff’s Motion to Remand FDCPA Class Action Back to State Court appeared first on AccountsRecovery.net.

Collections 246

Collections 246

Nerd Wallet

NOVEMBER 5, 2021

If you’re merely dipping your toe in cryptocurrency, it can be hard to imagine your crypto as something worth talking to an estate attorney about. But that $100 in fun money could grow to a significant percentage of your total investments, sometimes overnight. Sorry to be a downer, but YOLO — so make a plan. Sara Rathner writes for NerdWallet. Email: srathner@nerdwallet.com.

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Speaker: Genevieve Hancock, CPA

Cash flow isn’t just about balancing numbers - it's about ensuring your organization is positioned for both immediate stability and long-term success. Understanding that cash flow management fuels every decision, every opportunity, and every growth phase is critical. But how can you shift from simply managing cash to strategically optimizing it for resilience?

Financial services

Burr Forman

NOVEMBER 2, 2021

On October 30, 2021, the Tennessee General Assembly passed significant legislation that severely curtails the ability of private employers in Tennessee to implement COVID-19 restrictions in the workplace. The new law is expected to be signed by Governor Lee later this week and then to take effect immediately. COVID-19 Vaccines. The new Tennessee law prohibits private businesses from requiring or compelling proof of vaccination for employees and customers.

Healthcare 98

Healthcare Government Judgment 98

Consumer Finance

NOVEMBER 3, 2021

The CFPB today issued an advisory opinion affirming that consumer reporting companies, including tenant and employment screening companies, are violating the law if they engage in shoddy name-matching procedures.

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Account Recovery

NOVEMBER 2, 2021

NYDFS ISSUES AMENDMENTS TO DEBT COLLECTION RULES; COMMENT PERIOD OPEN UNTIL NEXT WEEK The New York Department of Financial Services has issued a series of amendments to its debt collection rules for third-party debt collectors and debt buyers that could change how consumers are communicated with, including the information that must be provided after an … The post Daily Digest – November 2.

Third-party Debt Collectors 246

Third-party Debt Collectors Debt collector Collections Financial services 246

Nerd Wallet

NOVEMBER 2, 2021

This article provides information for educational purposes. NerdWallet does not offer advisory or brokerage services, nor does it recommend specific investments, including stocks, securities or cryptocurrencies. As we count the days left in 2021, some people might be ready to create fresh financial goals for 2022. But there are still plenty of opportunities left in 2021.

Education 105

Education 105

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