Jimerson Firm

NOVEMBER 27, 2023

Any secured creditor, large or small, may encounter a situation in which it is preferable to retain or recover the collateral in a transaction without having to sell the collateral itself. The purpose of this article is to make creditors aware of what is and is not possible to do under Florida law. Below is a synopsis of what Florida courts have decided on the subject as well as the requirements secured parties must meet when choosing to accept the collateral itself in satisfaction of the obliga

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Secured Creditor Collateral Creditors Debtor 59

Account Recovery

DECEMBER 1, 2023

Complaints Accuse Collectors of Ignoring Requests to Communicate via Specific Channels Judge Grants MTD in FDCPA Class Action Over Credit Reporting Language in Letter Bill Introduced in Senate to Criminalize Illegal Robocallers Appeals Court Affirms Dismissal of FDCPA Suit Against Creditor WORTH NOTING: Meet a species of penguins that take 10,000 little naps every day […]

Creditors 147

Creditors 147

Consumer Finance

NOVEMBER 27, 2023

The Consumer Financial Protection Bureau (CFPB) today ordered Bank of America to pay a $12 million penalty for submitting false mortgage lending information to the federal government under a long-standing federal law.

Banks 144

Banks Government 144

Credit Corp

DECEMBER 1, 2023

Advertiser Disclosure: Credit.com has partnered with CardRatings for our coverage of credit card products. Credit.com and CardRatings may receive a commission from card issuers. Editorial Disclosure: Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Snapshot: The Capital One Spark Cash Plus is ideal for small business owners with excellent credit.

Creditworthiness 105

Creditworthiness Credit Card Debt 105

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Collection Agencies

UK debt collections

NOVEMBER 27, 2023

As we look ahead to 2024, small business accounting software is expected to grow even more. More and more UK small businesses are becoming more reliant on technology than ever before. Whether you’re a small business owner or run a large corporation, using the right accounting software can be the difference between success and failure. The best accounting software can simplify your financial processes, help you stay organized, and even enable you to make better business decisions.

Collection Agencies 89

Collection Agencies Collections Agency Banks Collections 89

Qualco

NOVEMBER 28, 2023

NPL Management: A 5-Step Roadmap to Strategic Success is the latest e-Guide to be published by Qualco UK. You can view it here. In today's regulatory environment, when it comes to collecting overdue accounts, the clear, overarching message is that the customer must be treated fairly and ethically. However, in a small number of credit businesses, the right strategies for systems and people have not been set.

Loans 83

Loans Credit Management Creditors Government 83

Credit Corp

NOVEMBER 27, 2023

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. Generally, you should aim to spend under 30% of your gross monthly income on rent. Table of Contents How Much Rent Can I Afford?

Loans 105

Loans 105

PDC Flow

NOVEMBER 29, 2023

Companies often shop for payment processing services based on cost. For many businesses, especially those in regulated industries, using this criteria may not lead you to the best payment software for your company. This is because not all payment processing services are the same. Some payment softwares are designed with specific industries in mind and don’t offer the payment processing services your consumers and your office require (or include features you’ll never need).

Healthcare 80

Healthcare Collections Banks 80

Account Recovery

NOVEMBER 30, 2023

Almost three-quarters of individuals can’t or don’t pay their healthcare bills immediately, and among those who wait, not having enough money to pay the bill is the biggest reason why, according to the results of a nationwide survey that were released earlier this week.

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Healthcare Collections 147

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

DECEMBER 1, 2023

The latest figures for the number of CCJs issued has been released by the Registry Trust. The report is for months July, August and September. Also referred to as Q3. The full report released from the Registry Trust detailing the number of ccjs issued is as follows: The total number of judgments registered in the British Isles in Q3 2023 was 259,343.

Judgment 59

Judgment Collections 59

Credit Corp

NOVEMBER 30, 2023

Advertiser Disclosure: Credit.com has partnered with CardRatings for our coverage of credit card products. Credit.com and CardRatings may receive a commission from card issuers. Editorial Disclosure: Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Snapshot: This card is great if you have a weaker credit score and are looking to access a potentially larger line of credit than most credit cards for

Credit Bureau 102

Credit Bureau 102

Jimerson Firm

NOVEMBER 30, 2023

Employers who provide non-cash, work-related benefits to employees should consider the potential tax implications of “fringe benefits”. A “fringe benefit” is a form of pay provided to employees in addition to stated pay, such as lodging and meals, that will be taxable to an employee unless an exclusion applies. 26 CFR § 1.162-32 and IRC Sections 132 and 162(a) are the two fringe benefit exclusions employers must consider when providing lodging to employees.

Trade 59

Trade Judgment Government 59

Account Recovery

NOVEMBER 30, 2023

Getting to Know Tracy Davis of Quanta Credit Services Judge Grants MTD in FDCPA Case Over Dismissed Collection Suit Suit Seeks $2M from Agency, Healthcare Provider Over Allegedly Illegal Collection Practices Why Most People Don’t Pay Their Healthcare Bills WORTH NOTING: If you’re getting your mail later than usual, you might want to blame Amazon […]

Healthcare 147

Healthcare Collections 147

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Collections

UK debt collections

NOVEMBER 29, 2023

Late paying contractors are to be prevented from procuring government contracts under new proposed legislation. Companies bidding for government contracts worth over £5m must demonstrate they pay all invoices within 55 days, or face a public work ban The potential public work ban was announced as part of the Autumn Statement , where chancellor Jeremy Hunt outlined the deadlines that would tighten over the next couple of years.

Government 59

Government Collection Agencies Collections Agency Collections 59

Credit Corp

NOVEMBER 30, 2023

Advertiser Disclosure: Credit.com has partnered with CardRatings for our coverage of credit card products. Credit.com and CardRatings may receive a commission from card issuers. Editorial Disclosure: Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Snapshot: Whether you go with the the Capital One Spark Cash Select for Good Credit or the Capital One Spark Cash Select for Excellent credit, you can

Creditworthiness 97

Creditworthiness 97

Consumer Finance

NOVEMBER 29, 2023

I am proud of the CFPB’s work in getting consumers the resolutions they deserve, often through referrals from local organizations, Congressional offices, and many others.

Banks 54

Banks Student loans Student Loans Loans 54

Account Recovery

NOVEMBER 29, 2023

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers.

Accounts Receivables Management 147

Accounts Receivables Management Collections 147

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Collections

UK debt collections

NOVEMBER 28, 2023

The Government is to our £16.3 million into HMRC Debt Collection, raising efforts to recover £4.67 billion in unpaid taxes over the next six years. According to Treasury estimates, the injection of cash will help HMRC’s debt management team recoup £515million in taxes in 2024-25. By 2025, over £1billion worth of unpaid taxes will be recovered according to the announcement in last week’s Autumn Statement.

Collections 59

Collections Debt Management Government Construction 59

Credit Corp

NOVEMBER 27, 2023

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 financial hardship letter explains an unforeseen circumstance that has made you unable to make regular payments on a loan and requests a modification to help you get back on track.

Debt Consolidation 98

Debt Consolidation Creditors Lender Loans 98

Collections Law

DECEMBER 1, 2023

In the state of Massachusetts, there is no requirement that the work on a project has to be completed, or even started before initiating a mechanic’s lien. Therefore, as a matter of course, it is good business practice for contractors, subcontractors and sub-subcontractors to initiate the procedures for a mechanic’s lien as soon as possible. A mechanic’s lien is an invaluable tool to ensure payment for a construction project.

Mechanic’s Liens 52

Mechanic’s Liens Construction Lawyers Collections 52

Account Recovery

NOVEMBER 29, 2023

Bank of America was fined $12 million yesterday by the Consumer Financial Protection Bureau for not reporting data about the race, ethnicity, and sex of individuals obtaining mortgage loans from the mega-bank, instead choosing to lie and say that the consumers were unwilling to provide that information.

Banks 147

Banks Loans 147

Speaker: Lynnette Khalfani-Cox, The Money Coach®

Niche markets represent a huge opportunity for the financial services industry in America. From college students and women to communities of color and low-to-moderate-income households, niche populations have specialized financial needs – but they often underutilize many valuable financial products and services. How can you better connect with these consumers?

Financial services

Troutman Sanders

DECEMBER 1, 2023

On November 22, the Third Circuit Court of Appeals issued a decision finding that the plaintiff lacked Article III standing in a putative class action brought under the Fair Debt Collection Practices Act (FDCPA). In Morales v. Commonwealth Financial Systems, Inc. , the plaintiff incurred a debt to a medical services provider. The debt was assigned to another entity and then referred to the defendant for collection.

Fair Debt Collection 52

Fair Debt Collection Creditors Collections 52

JMA

NOVEMBER 30, 2023

At JMA Credit Control, we’ve witnessed first-hand the remarkable transformation in the debt collection industry, a change driven largely by technological innovation. Gone are the days when debt recovery was synonymous with endless paper trails and one-size-fits-all communication strategies. In this digital era, technology has not only refined our methods but has also enhanced the.

Debt Recovery 52

Debt Recovery Collections 52

Credit Corp

NOVEMBER 30, 2023

Advertiser Disclosure: Credit.com has partnered with CardRatings for our coverage of credit card products. Credit.com and CardRatings may receive a commission from card issuers. Editorial Disclosure: Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Snapshot: The Capital One Venture X Rewards credit card is an ideal option for those with excellent credit who want a premium travel rewards credit c

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52

Account Recovery

NOVEMBER 28, 2023

Collector Facing FDCPA Class Action Over Lack of Interest Accrual Disclosure in MVN Judge Grants MTD in FDCPA Class Action Over Undated MVN Judge Partially Grants MTD in TCPA Case Over Calls to Wrong Number FCC Taking More Steps to Block Illegal Text Messages WORTH NOTING: You can still get some deals if you missed […]

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147

Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?

Banks