Account Recovery

JANUARY 14, 2021

A District Court judge in Wisconsin has granted a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act class-action case, determining that the plaintiff lacked standing to sue because he took no action to clarify his confusion over whom he should pay after receiving a collection letter from the defendant. The judge … The post Judge Grants MSJ For Defendant, Vacates Class Certification In FDCPA Creditor ID Case appeared first on AccountsRecovery.net.

Creditors 242

Creditors Fair Debt Collection Judgment Collections 242

American Profit Recovery

JANUARY 14, 2021

You might not think to place the words collection agency and compliments in the same sentence, especially when it comes to the consumers debt collectors are calling on. But let us take a few minutes to explain to you why those two, do indeed belong in the same sentence and discussion. We have been tracking consumer compliments for well over a year now.

Collection Agencies 167

Collection Agencies Collections Agency Collections Debt collector 167

Nerd Wallet

JANUARY 14, 2021

Families across the U.S. are financially diverse — and so is how they save. But across the board, more are saving now than ever before, whether it’s for emergency expenses or retirement. The recently released 2019 Survey of Consumer Finances from the Federal Reserve Board allows a 30-year look-back on family finances to see how. Elizabeth Renter writes for NerdWallet.

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Enterprise Recovery

JANUARY 15, 2021

If you've agreed to contract with another business, you are providing valuable products and services that benefit their company's success. Likewise, their payment to your business is cash flow that keeps your company running smoothly. When your business fulfills its obligation but your client doesn't pay, it could sour the relationship and put your cash flow at risk.

Collections 131

Collections Collection Agencies Collections Agency 131

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

JANUARY 11, 2021

This holiday season, Beam Software continues our support of South Florida neighbors through donations to Hope 4 Communities and Tidewell Hospice, two charitable organizations that provide essential services to our local community. Our team is proud of our long-standing partnerships and support of charitable organizations. Together, we’ve been able to create positive change in the … The post Beam Software Continues Annual Support of Hope 4 Communities and Tidewell Hospice appeared first on

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Nerd Wallet

JANUARY 11, 2021

The pandemic has caused many people to reassess their priorities. There is talk of moving out of the city, simplifying life and saving more money. “I’m not going to spend money like that anymore,” my millennial daughter told me recently, talking about past shopping sprees on handbags, jewelry, and yes, lattes. “Financial security is fun. Hal M. Bundrick, CFP writes for NerdWallet.

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Credit Corp

JANUARY 12, 2021

The following is a guest post by Lisa Bigelow, a content writer for Bold. When it comes to paying for college, the anxiety about how to leave college debt-free starts early. And for thousands of grads who are buckling under the weight of monthly student loan payments that can cost as much as a mortgage, that worry can last for as long as 25 years. According to EducationData.org and The College Board, the cost of a private school undergraduate education can exceed $200,000 over four years.

Student loans 98

Student loans Student Loans Education Loans 98

Account Recovery

JANUARY 15, 2021

A District Court judge in California has granted a defendant’s motion to dismiss a class-action lawsuit after it was sued for violating the Fair Debt Collection Practices Act when it was sued because the collection agency it placed a debt with sent a collection letter that indicated the plaintiff would have to pay a service … The post EDCA Judge Grants MTD in FDCPA Service Fee Case appeared first on AccountsRecovery.net.

Fair Debt Collection 235

Fair Debt Collection Collection Agencies Collections Agency Collections 235

Roths Child Law

JANUARY 15, 2021

When a consumer in Tennessee has more debt than they can manage, bankruptcy may be the solution. Consumers commonly choose Chapter 7 bankruptcy, which allows them to erase certain debts, but filing for bankruptcy can impact credit scores. Chapter 7 bankruptcy and credit scores. Chapter 7 bankruptcy gets rid of debt more quickly than other types of bankruptcy through the liquidation of non-exempt assets.

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Chapter 7 bankruptcy Bankruptcy Unsecured Debt Debtor 97

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

JANUARY 11, 2021

Medicare generally covers home health care services, including home health aides and certain therapies. To qualify for coverage, though, you’ll have to meet certain requirements. And for some services, you’ll be responsible for part of the cost. Which home health care services are covered by Medicare? Eligible services covered through Original Medicare — which comprises.

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Credit Corp

JANUARY 14, 2021

We’re not going to lie—2020 was a tough year for everyone. Between COVID-19 and pandemic-driven layoffs, we’re all ready to move on from last year. So, what are your new year’s credit resolutions for 2021? Do you want to improve your credit score , pay your bills on time or create a savings plan? If you haven’t thought of any financial resolutions yet, don’t worry.

Personal loans 95

Personal loans Loans Lender Financial Institution 95

Account Recovery

JANUARY 12, 2021

Plaza Services, LLC gives back to our local community this holiday season with a donation to Voices for Georgia’s Children, a nonprofit organization that helps to improve the well-being of children through support and advocacy efforts. Voices for Georgia’s Children (also known as Voices) is a nonprofit child policy and advocacy organization that envisions a … The post Plaza Services Supports Voices for Georgia’s Children This Holiday Season appeared first on AccountsRecovery.ne

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Jimerson Firm

JANUARY 14, 2021

The first half of this series evaluated options available to lenders prior to instituting a commercial foreclosure action. The second-half of this series has evaluated available options to lenders during the pendency of the foreclosure action. Since there are additional considerations for lenders dealing with lending to hotels, restaurants and others in the entertainment industry, obtaining fast relief is critical.

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Foreclosure Lender Judgment Law Firms 90

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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.

Collection Agencies

Nerd Wallet

JANUARY 11, 2021

Like many people who set money goals for 2021, you may have your eye on a better credit score. But it can feel like such a big job that it’s hard to know where to start. Try breaking it down into smaller tasks you can check off, one per week: Check your free credit score and. Bev O'Shea writes for NerdWallet. Email: boshea@nerdwallet.com. Twitter: @BeverlyOShea.

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Prosperity Now

JANUARY 11, 2021

In a year full of loss, our Volunteer Income Tax Assistance (VITA) advocates notched a big win: Congress funded VITA

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Account Recovery

JANUARY 11, 2021

THE BEST $197 YOU WILL SPEND THIS YEAR Since the pandemic started last March, one of the most frequent discussion topics that has come up is how can agencies stay connected with their collectors, many or most of whom are working from home. We miss the camaraderie, the shared experiences, and the opportunity to come … The post Daily Digest – January 11.

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Credit Corp

JANUARY 10, 2021

It’s the most wonderful time of the year—time to receive your tax documents! Ok, maybe it’s not the most wonderful time of the year, but it is an important time to keep an eye on your mailbox for documents marked “important tax return document enclosed.” The IRS requires many tax forms to be mailed by January 31, which means you will be receiving those documents in the coming weeks.

Student Loans 85

Student Loans Student loans Government Loans 85

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

JANUARY 14, 2021

None of us knows everything we need to know about money, so we may turn to experts for help. But some money professionals who offer advice are not qualified to do so — nor are they required to put our interests ahead of theirs. Be cautious when accepting advice from the following sources. The dealership. Liz Weston writes for NerdWallet. Email: lweston@nerdwallet.com.

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Prosperity Now

JANUARY 11, 2021

Special thanks to Montana state Sen. Tom Jacobson, (State District 11), and Rachel Cohen, Legislative Assistant for Rep.

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Account Recovery

JANUARY 11, 2021

Since the pandemic started last March, one of the most frequent discussion topics that has come up is how can agencies stay connected with their collectors, many or most of whom are working from home. We miss the camaraderie, the shared experiences, and the opportunity to come together to try and achieve a common goal. … The post The Best $197 You Will Spend This Year appeared first on AccountsRecovery.net.

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Fico Collections

JANUARY 13, 2021

To preface this post, my work focuses on digital financial services. I mention this as I’m not a doctor or scientist of any sort. I can’t cure COVID-19 (unless whiskey and wine are the cure). I’m immensely grateful for the scientists who have developed a vaccine and the healthcare professionals that are currently administering it. I’m optimistic that 2021 will go significantly better for all of us than 2020 did.

Financial services 72

Financial services Acquisition Banks Healthcare 72

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

JANUARY 12, 2021

The Jan. 7 announcement that online banking service Simple would be shutting down led some customers to express dismay on social media over losing beloved app features. The closure means that sometime in the near future, Simple accounts will be transitioned to accounts at BBVA USA, the bank which held customer deposits behind the scenes. Chanelle Bessette writes for NerdWallet.

Banks 87

Banks 87

Dear Debt

JANUARY 11, 2021

What we’ve gone through this week with the siege of the U.S. Capitol is traumatic and unsettling. At times, I’ve felt my mind blurry, unable to write or think or… The post Resources for Taking Care of Your Mental Health and Wealth appeared first on DEAR DEBT.

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Account Recovery

JANUARY 14, 2021

The Colorado legislature kicked off its 2021 session yesterday and the second bill that was introduced in the state Senate was a measure to extend the moratorium on “extraordinary” collection actions in the state until June 1. A copy of the bill, which was introduced by state Senators Faith Winter and Julie Gonzales, and state … The post Bill Introduced in Colorado to Extend Moratorium on ‘Extraordinary’ Collection Actions appeared first on AccountsRecovery.net.

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Collections 217

Consumer Finance

JANUARY 13, 2021

The Consumer Financial Protection Bureau and the National Credit Union Administration announced a Memorandum of Understanding agreement to improve coordination between the agencies related to the consumer protection supervision of credit unions over $10 billion dollars in assets.

Credit Unions 63

Credit Unions Credit Unions 63

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Collections