Account Recovery

AUGUST 20, 2021

Plaza Services, LLC, a nationally licensed, professional accounts receivable portfolio investment firm located in Atlanta, GA, is pleased to announce the addition of Ginny Rodriguez as Chief Compliance Officer. Ms. Rodriguez has nearly 20 years of experience in the collections industry. She is an RMAI Certified Receivables Compliance Professional and accomplished in staff development, contract … The post Veteran Compliance Professional Ginny Rodriguez Joins Plaza Services as Chief Complian

Collections 246

Collections 246

Enterprise Recovery

AUGUST 20, 2021

The last thing a business owner wants to think about is why their clients or customers aren't paying. It should be a straightforward process - you do the work or supply the goods and they pay their bills. With a little examination of your payment process, you might be able to determine the problem with those slow or late payments. If B2B payments are too hard to collect, ask yourself these questions.

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Collections 245

Nerd Wallet

AUGUST 18, 2021

If you decide to extend your next trip by a couple of days — or even a couple of hours — and that trip involves a rental car, be careful. Rental cars are in short supply, and because of that, rental car prices have skyrocketed. In some cases, even a limo is cheaper. And in. Sally French writes for NerdWallet. Email: sfrench@nerdwallet.com. Twitter: @SAFmedia.

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Consumer Finance

AUGUST 16, 2021

The Consumer Financial Protection Bureau (CFPB) yesterday filed a proposed settlement to resolve a lawsuit against a debt collection enterprise and its owner. The CFPB alleges that Fair Collections & Outsourcing (FCO) violated federal law by failing to establish or implement reasonable written policies and procedures regarding the accuracy and integrity of the information it furnished to credit reporting agencies and failed to conduct reasonable investigations of indirect consumer disputes,

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Debt collector Consumer Credit Collections 106

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

AUGUST 20, 2021

A trio of former staffers from the Consumer Financial Protection Bureau have landed new gigs or announced their foray into public service. Here are summaries of each move. Former CFPB Attorney Running for Senate Seat in Ohio Morgan Harper, who spend three years working as a lawyer and advisor at the CFPB has announced her … The post Former CFPB Staffers Land, Launch New Gigs appeared first on AccountsRecovery.net.

Lawyers 246

Lawyers 246

Nerd Wallet

AUGUST 16, 2021

Sarah Bailey’s adoption experience began in 2013 when she connected with an adoption placement agency and paid fees for a parental class and to advertise to birth mothers for one year. In 2014, and still without a successful adoption, Bailey began paying a monthly $340 advertising fee each time an adoption fell through. “I didn’t. Chanell Alexander writes for NerdWallet.

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Personal loans Loans 122

Consumer Finance

AUGUST 18, 2021

A new Home Mortgage Disclosure Act (HMDA) data report on residential mortgage lending trends released today by the Consumer Financial Protection Bureau finds that the total number of closed-end originations as well as applications increased substantially between 2019 and 2020.

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Loans 106

Account Recovery

AUGUST 20, 2021

To the likely surprise of nobody in the accounts receivable management industry, fewer consumers are missing their debt payments than ever before, consumers are carrying less debt, and there are fewer consumers actively seeking to borrow money, which all contributed to the average credit score among consumers in the United States setting a record high. … The post Fewer Consumers Missing Credit Payments: FICO appeared first on AccountsRecovery.net.

Accounts Receivables Management 246

Accounts Receivables Management 246

Sawin & Shea

AUGUST 18, 2021

One issue that you may worry about when filing for bankruptcy is whether or not it will affect your employment. In the midst of a stressful financial time when you are having to accept the idea that your finances are changing, it is normal to believe that there is a stigma attached to bankruptcy. Be assured that other people are not necessarily looking at it that way.

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Bankruptcy Chapter 7 bankruptcy Chapter 13 bankruptcy Garnishment 105

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

Nerd Wallet

AUGUST 18, 2021

In this series, NerdWallet interviews people about their journey to tame debt. Responses have been edited for length and clarity. Karen and Sylvester Akpan Paid off: $201,060 in 18 months Karen Akpan lost her high-paying contract in clinical research in 2019. She and her husband, Sylvester, had no savings and made an estimated $50,000 gross. Laura McMullen writes for NerdWallet.

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Burr Forman

AUGUST 16, 2021

JACKSONVILLE, FLA. – AUGUST 16, 2021 – Burr & Forman LLP announces the addition of Jason R. Gabriel as a partner in the firm’s Jacksonville office. Gabriel joins the firm’s land use and real estate practice group after 11 years at the City of Jacksonville, serving as General Counsel to the entire consolidated City government for the past 7 years.

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Government Lawyers 105

Account Recovery

AUGUST 20, 2021

After watching medical debt collection laws pass in a number of states this year, including Nevada and Maryland, the accounts receivable management industry might want to pay attention to what is now going on in Arizona, as a ballot initiative has been started to get a “Predatory Debt Collection Practices Act” passed in the state. … The post Arizona Group Pushing For Medical Debt Collection Law appeared first on AccountsRecovery.net.

Accounts Receivables Management 246

Accounts Receivables Management Collections Healthcare 246

UK debt collections

AUGUST 17, 2021

Forecasts predicting an impending “tsunami” of corporate insolvencies are alarmist, though the need for ongoing alertness remains, according to UK insolvency specialists. Government support measures have allowed insolvency levels to remain stable amid the pandemic, but recent data shows significant surges as crisis-era support is withdrawn. According to statistics released by the Insolvency Service , June 2021 saw a 63 percent year-on-year increase, and Q1 FY21 saw a 31 percent uptick on the

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Government Trade Creditors 103

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Collection Agencies

Nerd Wallet

AUGUST 20, 2021

Originally designed to help cover burial costs and care for widows and orphans, life insurance is now a flexible and powerful financial product. More than half of Americans have some sort of life insurance, according to insurance research organization LIMRA. Life insurance can be issued as either an individual or group policy. We’ll be looking. Andrew Marder writes for NerdWallet.

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Credit Corp

AUGUST 19, 2021

Homeownership is a big deal and can take a lot of work to achieve. Depending on your situation, you may need to save up a large down payment, prove your creditworthiness and then find a home a lender agrees is in your price range. If that sounds like a lot of work, you might be considering a rent-to-own home. Sure, it might sound like a shortcut to homeownership, but there are reasons why rent-to-own is bad news.

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Creditworthiness Home Insurance Lender Loans 98

Account Recovery

AUGUST 20, 2021

ARIZONA GROUP PUSHING FOR MEDICAL DEBT COLLECTION LAW After watching medical debt collection laws pass in a number of states this year, including Nevada and Maryland, the accounts receivable management industry might want to pay attention to what is now going on in Arizona, as a ballot initiative has been started to get a “Predatory … The post Daily Digest – August 20.

Accounts Receivables Management 246

Accounts Receivables Management Collections 246

Jimerson Firm

AUGUST 19, 2021

On July 1, 2021, Senate Bill 56 went into effect along with Senate Bill 630. While both bills affect the laws governing Florida condominium and homeowners’ associations, Senate Bill 56, specifically, changed the collection and notification procedures for these associations. This article provides an overview of how Senate Bill 56 affected the manner in which Florida condominium and homeowners’ associations collect overdue assessments, record claims of lien, and provide notice to unit owners.

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Homeowner Association Collections Collections Foreclosure Government 98

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.

Nerd Wallet

AUGUST 20, 2021

A creative new business idea caught your eye? Perhaps you can become an angel looking over it — an angel investor, that is. Not only will you provide support for a budding startup, but you can also get in on the ground floor of a company that you think has high growth potential. What is. Tiffany Lam-Balfour writes for NerdWallet. Email: tlambalfour@nerdwallet.com.

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Startups 117

Prosperity Now

AUGUST 19, 2021

As debates over infrastructure continue after the bipartisan deal passed the Senate last week, it is worth reflecting on the

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Account Recovery

AUGUST 19, 2021

Invoking the bona fide error defense is not a get-out-of-jail-free card for a debt collector. The defense only works if the policies and procedures it is meant to protect are reasonable. The Tenth Circuit Court of Appeals has affirmed a lower court’s ruling in favor of a plaintiff who accused a collector of violating the … The post Appeals Court Affirms Ruling for Plaintiff in FDCPA Case Over Call Placed 1 Day After C&D appeared first on AccountsRecovery.net.

Debt collector 246

Debt collector 246

Jimerson Firm

AUGUST 19, 2021

Jacksonville, Fla. – August 19, 2021 – Jimerson Birr is pleased to announce that three of its attorneys, including managing partner Charles B. Jimerson, partner James O. “Joby” Birr, III, and special counsel Lynne C. Rhode were included in the 2022 edition of The Best Lawyers in America®. After receiving more than 10 million peer evaluations across 147 practice areas in the United States, only 5% of practicing lawyers were recognized in the 2022 edition, exemplifying the work of the most elite

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Lawyers Construction 98

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

Nerd Wallet

AUGUST 19, 2021

“Guaranteed loan approval; receive funds in 24 hours.” “No credit check; interest rates starting at 0%; only low application fee required.” These statements may sound pretty good to a small-business owner in desperate need of capital. But, as the old saying goes, “If something sounds too good to be true, it probably is,” says Carolina. Randa Kriss writes for NerdWallet.

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Lender Loans 113

Credit Corp

AUGUST 18, 2021

It’s no secret that you have a credit score. You might’ve even taken a peek at your credit score every now and again. But we’ve got some news for you—you have more than one score. In fact, you have dozens of credit scores. How can you keep track of them all? Here’s where you can start—sign up for ExtraCredit. When you do, you’ll get access to Track It , which will show you 28 of your FICO scores.

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Lender Creditworthiness Loans Education 98

Account Recovery

AUGUST 19, 2021

Thanks to Eric Troutman at TCPAWorld.com for noticing this first … A collector that appealed a $267 million ruling against it in a Telephone Consumer Protection Act case has notified the Ninth Circuit Court of Appeals that it has reached a settlement with the plaintiff. Details of the settlement were not disclosed in the filing … The post Collector, Plaintiff in $267M TCPA Case Notify Appeals Court of Settlement appeared first on AccountsRecovery.net.

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Roths Child Law

AUGUST 18, 2021

There are a lot of reasons why people do not use bankruptcy, even when it is clearly the best option for them. Some of them think that it’s too complicated. Others worry about losing what they own. Still others are not sure they qualify. But one big reason is the stigma surrounding bankruptcy, which can cause people to feel guilty and/or feel as if they have failed.

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