Nerd Wallet
JULY 28, 2022
The latest Mega Millions lottery jackpot has passed $1 billion for only the third time in the lottery game’s 26-year history. That’s, well, a lot of money. How much? Here’s one way to think about it: Let’s say you’ve just scored a dream salary of $1 million a year. Go, you! So, at that blistering. Rick VanderKnyff writes for NerdWallet. Email: rvanderknyff@nerdwallet.com.
NCBA Law Practice Management Blog
JULY 27, 2022
A lot of attorneys, new and seasoned, volunteer for everything under the sun, until they’re so busy, they just wanna puke. Now, that’s not the goal of volunteering. When it comes to working with organizations, legal-specific or otherwise, the idea is not to overwhelm yourself – but, to actually generate business, based on your in-person networking and referral marketing efforts.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Enterprise Recovery
JULY 29, 2022
In simple terms, accounts receivable management is the means for collecting money that is owed after extending credit for or agreeing to provide goods and services. During downturns in the economy or when otherwise strapped for cash, businesses typically have working capital trapped in receivables that are unpaid or not paid on time. Use these tips to rescue your business cash flow with accounts receivable management.
Account Recovery
JULY 29, 2022
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? Call … The post Complaint Accuses Collector of Incorrectly Noting Account was Disputed appeared first on AccountsRecovery.net.
Speaker: Anna Tiomina, MBA
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
Consumer Finance
JULY 28, 2022
Today, the Consumer Financial Protection Bureau (CFPB) took action against U.S. Bank for illegally accessing its customers’ credit reports and opening checking and savings accounts, credit cards, and lines of credit without customers’ permission. U.S. Bank pressured and incentivized its employees to sell multiple products and services to its customers, including imposing sales goals as part of their employees’ job requirements.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Enterprise Recovery
JULY 25, 2022
The process of collecting what's due from customers can go by several names. Accounts receivable, receivables, A/R, accounts receivable collections, debt collections, and more. (Not to be confused with accounts payable, which is a different part altogether.). Many of these terms are not interchangeable but actually define different levels or areas of the process of collecting payments.
Account Recovery
JULY 29, 2022
COMPLAINT ACCUSES COLLECTOR OF INCORRECTLY NOTING ACCOUNT WAS DISPUTED A complaint has been filed in federal court in the District Court for the Eastern District of California, accusing a collector of violating the Fair Debt Collection Practices Act by allegedly incorrectly marking an account as disputed after receiving a letter from the plaintiff. This content … The post Daily Digest – July 29.
Consumer Finance
JULY 26, 2022
Today, the Consumer Financial Protection Bureau (CFPB) penalized Hyundai Capital America (Hyundai) for repeatedly providing inaccurate information to nationwide consumer reporting companies and failing to take proper measures to address inaccurate information once it was identified between 2016 and 2020.
Nerd Wallet
JULY 28, 2022
The Mega Millions jackpot has ballooned to an estimated $1.02 billion ahead of the next drawing on Friday, July 29. A billion dollars is not an easy number to wrap your head around, and it’s happened only twice before in Mega Millions history. If you want a chance to win the jackpot, here’s what you. Taryn Phaneuf writes for NerdWallet. Email: tphaneuf@nerdwallet.com.
Speaker: Melissa Hurrington
Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.
Prosperity Now
JULY 27, 2022
Across the country, the rising cost of living, increasing debt, and navigating an economy recovering from COVID-19 continues to impact
Account Recovery
JULY 29, 2022
The Court of Appeals for the Eleventh Circuit has vacated a lower court’s approval of class certification in a Telephone Consumer Protection Act case, ruling that some of the named plaintiffs in the class did not have standing to sue in federal court. A copy of the ruling in the case of Drazen v. Godaddy.com … The post Appeals Court Vacates Certification, Settlement in TCPA Case appeared first on AccountsRecovery.net.
Consumer Finance
JULY 26, 2022
Today, the Consumer Financial Protection Bureau (CFPB) and U.S. Department of Justice (DOJ) took action to end Trident Mortgage Company’s intentional discrimination against families living in majority-minority neighborhoods in the greater Philadelphia area.
Nerd Wallet
JULY 27, 2022
The Federal Reserve doubled down on its inflation-fighting strategy on Wednesday afternoon, raising a key interest rate by 75 basis points, or 0.75 percentage point, for the second month in a row. The good, or at least not worse, news for home buyers: The Fed’s latest move doesn’t seem likely to push up mortgage interest. Kate Wood writes for NerdWallet.
Speaker: Susan Richards
Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.
Fraser
JULY 27, 2022
The Michigan Economic Development Corporation (MEDC), joined by Governor Whitmer, announced that the U.S. Department of Treasury has approved up to $237 million in State Small Business Credit Initiative (SSBCI) funding for businesses in the State of Michigan. The SSBCI is designed to promote entrepreneurship and increase access to capital that would otherwise not be available in the market through conventional terms.
Account Recovery
JULY 29, 2022
A District Court judge in New Jersey has denied a defendant’s motion to dismiss and a motion for sanctions against the plaintiff in a Fair Debt Collection Practices Act case that is accusing a law firm of improperly adding a collection fee in an itemization table included in a summons that was attempting to recover … The post Judge Denies MTD in FDCPA Case Over Collection Fee appeared first on AccountsRecovery.net.
Consumer Finance
JULY 27, 2022
Today, the Consumer Financial Protection Bureau (CFPB) published an analysis of how actions announced by the three largest national consumer reporting companies – Experian, Equifax, and TransUnion -- will affect people who have allegedly unpaid medical debt on their credit reports.
Nerd Wallet
JULY 26, 2022
Key takeaways A homeowners insurance policy generally covers sudden, accidental roof leaks — not those due to age or wear and tear. Your insurance company may not pay the full price of a roof replacement if you have actual cash value coverage for your roof. If you need to file a claim for a roof. Sarah Schlichter writes for NerdWallet. Email: sschlichter@nerdwallet.com.
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.
Sawin & Shea
JULY 27, 2022
Debtors who run their credit card balances up before they file for bankruptcy could suffer consequences. Primarily, it could result in your debt becoming ineligible for discharge, which is often the whole point of filing for bankruptcy. So in many cases, running your credit card debt up is not worth it. To fully understand how this works, it helps to understand the basics of credit card debt when you are filing for bankruptcy, which we will dive into below.
Account Recovery
JULY 25, 2022
An advocacy group in New York is pushing Governor Kathy Hochul to sign a bill into law that would ban hospitals from obtaining garnishments and imposing liens to collect on unpaid medical debts, and has issued a report investigating the practice at five nonprofit hospitals in the state, concluding that indebted patients tend to work … The post Report Analyzes Garnishment Data to Lobby N.Y.
Consumer Finance
JULY 28, 2022
The Department of Justice and the Consumer Financial Protection Bureau (CFPB) issued a joint letter today reminding auto finance companies of their responsibilities to recognize important legal protections for military families under the Servicemembers Civil Rights Act (SCRA). While servicemembers have the same rights as non-military borrowers, the SCRA provides additional rights to protect servicemembers and their families against unique financial challenges.
Nerd Wallet
JULY 28, 2022
Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week, we talk with a business owner about how she opened a full-service beauty salon and bar, grew it to two locations with dozens of employees — and how she pivoted again and again during the COVID-19 pandemic. Check out this episode. Rosalie Murphy writes for NerdWallet.
Advertisement
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.
PBWT
JULY 28, 2022
It’s been a hard year for cryptocurrency. The values of most cryptocurrencies, including major coins such as Bitcoin and Ethereum, have continued to tumble. In fact, the price of one stablecoin, which is a form of cryptocurrency tied to another currency, commodity or financial instrument, de-pegged from its cryptocurrency token and entered into a downward spiral.
Account Recovery
JULY 25, 2022
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.
UK debt collections
JULY 29, 2022
An Ambulance trust has had to write of £339k after they were deemed unrecoverable. In a meeting of the West Midlands Ambulance trust board (WMAS), members agreed to write off a whopping £339,000 owed to the service detailed in a report following debt recovery failures. As reported in the Shropshire star, TNC Debt Collection Agency had provided a no win no fee debt collection service to the Ambulance trust.
Nerd Wallet
JULY 27, 2022
When the 2008 financial crisis roiled banks, the federal government jumped in with an enormous bailout effort. Two years later, Congress slapped the industry with a sweeping set of reforms and important consumer protections. That made sense. The government is by the people and for the people, after all. So bailing out banks meant that. Sam Kemmis writes for NerdWallet.
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.
Expert insights. Personalized for you.
137 
Let's personalize your content