UK debt collections

NOVEMBER 29, 2023

Late paying contractors are to be prevented from procuring government contracts under new proposed legislation. Coming into effect from April 2024, firms bidding for Government contracts over £5m will have to demonstrate they pay their invoices within an average of 55 days.

Government 59

Government Collection Agencies Collections Agency Collections 59

Nexa Collect

JUNE 20, 2020

Businesses can have troubled relationships, much like people. When a contract is breached, inadvertently or on purpose, one of the greatest losses is trust. An entrepreneur doesn’t start a business with a distrustful mindset. Many business owners are full of hope, ambition and optimism. On the contrary.

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Collections Collection Agencies Collections Agency Collection Agent 130

PDC Flow

FEBRUARY 7, 2024

IOLTA or Interest on Lawyers’ Trust Accounts is a way to raise money for charitable purposes, mainly for programs that provide civil legal services for lower income people. So, after an attorney is paid for their services, that money would be moved out of a trust account and placed in an operating account. What is an IOLTA account?

Lawyers 78

Lawyers Accrued Interest Banks Law Firms 78

Troutman Sanders

JANUARY 4, 2022

If using a link to disclose autorenewal terms, the link must: Be available before the consumer elects to purchase the goods or services; Appear directly adjacent to any online link used by the consumer to purchase any good or service subject to the autorenewal; and. The new laws became effective January 1, 2022.

Trade 98

Trade 98

Burr Forman

OCTOBER 6, 2021

On September 27, 2021 Burr & Forman published COVID-19 Vaccine Guidance for Federal Contractors , noting that the Federal Acquisition Regulatory Council was to develop a mandatory Federal Acquisition Regulation (“FAR”) clause for new contracts and solicitations over the Simplified Acquisition Threshold (currently $250,000.00).

Acquisition 105

Acquisition Manufacturing Education Construction 105

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. Or you can work with an professional agency that takes these steps with you.

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Collections Collection Agencies Collections Agency 132

Nexa Collect

OCTOBER 2, 2020

Their customers can be a small business, government, large corporates as well as private homeowners. Snow removal services are a staple during the winter months. Any minor error can cause a slip and falls liability lawsuit that can have a devastating impact on the future of the business. Snow Removal Cost.

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Collection Agencies Collections Agency Collections Debtor 130

American Profit Recovery

JANUARY 12, 2024

In many cases, something has prevented your customer from paying on time or meeting their financial obligations to your business. While there are obviously disputes that need to be worked out, sometimes a customer just needs a little time and assistance to get caught up with your business.

Collection Agencies 179

Collection Agencies Collections Agency Collections 179

American Profit Recovery

SEPTEMBER 8, 2023

Because of this, many businesses suffer negative cash flow and these issues could have been prevented by being proactive with their collection activities. One of the main reasons we see businesses of all sizes hesitate on collection activity is because many feel they will alienate their customers and damage their reputation.

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Collections Bankruptcy Collection Agencies Collections Agency 230

American Profit Recovery

SEPTEMBER 6, 2023

Collecting debt is just something a business of any size will have to do. It would be nice if all consumers paid their bills on time but the reality of running any business means you’ll have to deal with late and nonpaying customers. The topic of customers who do not pay can also be emotional, especially for small businesses.

Collections 216

Collections Collection Agencies Collections Agency Fair Debt Collection 216

Hudson Weir

NOVEMBER 21, 2023

TUPE regulations protect UK employees’ rights when they transfer to a new employer as part of a business transfer or service provision change. This is known as a business transfer. When another business takes over a contract. This is known as a service provision change. What is TUPE?

Trade 52

Trade Creditors Collections 52

Troutman Sanders

MARCH 31, 2023

The proposal also includes requirements for: Service Provider/Agent Licensing. Vehicle Installment Contracts. Raises the limit for sales finance company’s installment contracts on vehicles (from $50,000 to $75,000) and equipment (from $16,000 to $25,000). Requires additional persons to obtain small loan licenses.

Banks 98

Banks Retail Loans Lender 98

Jimerson Firm

NOVEMBER 24, 2022

Every small business should have a written contract, whether it is with its customers, vendors, or suppliers. While every business is different, and this may apply to some industries more than others, it is important for small businesses to evaluate when or how a dispute could arise and whether they are protected if that happens.

Judgment 52

Judgment Lawyers Construction 52

American Profit Recovery

JUNE 23, 2023

We speak to business owners and other decision-makers all the time when it comes to debt collections and there is one question they ask repeatedly. Persistent delays in payments One of the clear warning signs that a customer is going to become delinquent is when previous payments to your business are consistently delayed.

Collection Agencies 161

Collection Agencies Collections Agency Collections 161

FFGN COLLECT NY

OCTOBER 19, 2023

Business transactions are complex in nature, especially when involving major business organizations and deals. Even when negotiating with long-time business partners, there is no way to predict when issues and disputes may arise. What is Arbitration and its Role in Business Disputes?

Law Firms 52

Law Firms Lawyers Loans Collections 52

Troutman Sanders

MARCH 18, 2024

On February 20, the Wisconsin Senate passed House Bill (HB) 574 to regulate earned wage access (EWA) products and services. HB 574 would apply to both direct-to-consumer EWA services and employer-integrated EWA services. EWA providers must be licensed to offer EWA services in the state.

Credit Unions 52

Credit Unions Credit Unions Banks Debt collector 52

Qualco

OCTOBER 18, 2023

What is Business Process Automation Business Process Automation (BPA) has been on an upward trend, rapidly transitioning from a mere direction to an absolute business necessity. Ultimately, BPA is the driving force behind modern, agile business models.

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Troutman Sanders

DECEMBER 4, 2023

The stated purpose of the proposed regulations is to close gaps within the state’s consumer protection laws and to combat unfair and deceptive business practices related to fees charged across various industries. Product” is defined to include, but is not limited to, goods, services, and programs and “sale” includes lease, rent, or barter.

Trade 52

Trade Government Financial services 52

Nexa Collect

JUNE 21, 2023

Data Minimization and Purpose Limitation : Businesses are required to limit the collection of personal information to what is necessary for the purposes for which it was collected and must specify the purpose for collecting or using personal information.

Collections 100

Collections 100

On Guard

DECEMBER 5, 2022

Amsterdam, 6 December 2022 – 30% of financial officers expect that the business use of smart contracting can bring many benefits to their organisation. Smart contracts are automatic digital agreements that are drawn up without the intervention of a third party. Little knowledge about latest innovations.

Healthcare 52

Healthcare Financial services 52

American Profit Recovery

DECEMBER 23, 2022

And many businesses believe this to be the case. When we talk to businesses, sometimes they believe that until their customer goes at least one year out on their obligations, they can’t do anything. The fact is, a business can send a customer into collections at any point. We got you covered here! That is simply not true.

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Collections Collection Agencies Collections Agency Fair Debt Collection 227

Nerd Wallet

OCTOBER 5, 2021

Leaders Merchant Services’ reputation precedes it, and it’s not a good one. Business owners should proceed with caution and consider alternative merchant service providers before signing a contract with LMS. What is Leaders Merchant Services? What is Leaders Merchant Services? Leaders Merchant.

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PDC Flow

APRIL 18, 2023

Payment workflows (like sending customer invoices with payment requests) are an integral part of your business sales cycle and customer experience. Many companies that accept B2B payments – or provide their goods and services before collecting payments – need to think about the full customer journey, including billing workflows.

Medical Bills Collections 59

Medical Bills Collections Collections Banks Collection Agencies 59

FFGN COLLECT NY

JANUARY 26, 2022

Managing buildings as an agent is a business like any other – you get a fee for service. Managing agents secure goods and services for the building(s) they manage. The service provider can increase their book of business exponentially by having a successful relationship with a managing agent and their various representatives.

Collections 95

Collections 95

Fraser

MAY 4, 2023

Even though the Michigan Legislature is currently mired in the often months-long process of passing a budget, there is a package of mostly non-spending bills in the Michigan House of Representatives that businesses should be keeping an eye on. ii) The individual performs work that is outside the usual course of the payer’s business.

Acquisition 88

Acquisition Trade Collections 88

PDC Flow

APRIL 4, 2023

An organization’s billing process can depend on the goods and services offered and the audiences served. Collect on Delivery The collect on delivery (or cash on delivery) model refers to collecting payment from customers as soon as work is completed or products or services are delivered. What is a Credit Policy?

Manufacturing 72

Manufacturing Healthcare Collections Loans 72

PDC Flow

MARCH 4, 2024

Now, PDCflow has enhanced our software to include text message API services. On top of this, developing a text messaging service can be a complex and time-consuming project for software applications. Despite these hurdles, many customers prefer to sign up for SMS notifications or use text to handle customer service issues.

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Jimerson Firm

JANUARY 17, 2023

It happens more than you would think—to both small, family-owned businesses, and even national corporations—when people come to an agreement regarding a business transaction, only to later find that one or both of the parties failed to sign the contract governing the relationship. Is the contract still enforceable?

Construction 52

Construction Creditor's Rights Government Commercial Collection 52

American Profit Recovery

JANUARY 16, 2021

The year 2020 has been a long and stressful road for so many in business. We are sad to see what this past year has done to so many businesses that appeared to be thriving at the beginning of 2020. Here are a few items for your team to focus on in the next several months so your business can once again thrive.

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Collection Agencies Collections Agency Collections 172

Fraser

JULY 12, 2022

Here’s what businesses need to know to protect themselves. Force Majeure is an event mentioned explicitly in a contract that discharges the parties of at least some of their responsibilities. Alternatively, did a business decline for an entirely different reason? Definitions. First, we need to get our terminology straight.

Government 79

Government Retail Trade 79

Troutman Sanders

MARCH 6, 2024

On February 15, Massachusetts became the latest state to introduce legislation to regulate earned wage access (EWA) products and services. The bill is pending before the Joint Financial Services Committee. HB 4456 would apply to both direct-to-consumer EWA services and employer-integrated EWA services.

Credit Unions 52

Credit Unions Credit Unions Banks Debt collector 52

Troutman Sanders

JANUARY 17, 2024

On January 9, SB 1146 , entitled the Earned Wage Access Services Act, was introduced into the Florida Senate. The bill would require earned wage access (EWA) providers to register with the Florida Financial Services Commission. Allow the consumer to cancel the EWA service at any time, without incurring a fee or penalty.

Debt collector 52

Debt collector Collection Agencies Collections Agency Financial services 52

American Profit Recovery

JULY 5, 2021

While there may be many unknowns when running a small or large business, one thing we know for sure is that late-paying customers and clients are part of operating any size business. You were asked by a consumer to provide services or products and you did your part. Never doubt that this money is owed to you by your customer.

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Collection Agencies Collections Agency Collections 230

Hudson Weir

JANUARY 27, 2023

Hudson Weir is proud to have helped rescue a much-loved cycling brand – saving all employee contracts over the Festive Season. The team then traded the business in order to protect its value and find a buyer for the business and assets. It’s a viable business with a good reputation. Nick said: “It was a win-win.

Trade 52

Trade Creditors 52

Collections Law

APRIL 18, 2023

With a written contract or documents constituting a written contract, you can place a lien against the property which they improved for unpaid debt. Cohen LLC, we have over 50 years of experience in business and commercial collections, including preparing, perfecting and enforcing mechanic’s liens. Time is of the essence.

Mechanic’s Liens 52

Mechanic’s Liens Commercial Collection Law Firms Construction 52

Taurus Collect

MAY 24, 2022

Time and money are the most critical elements that keep any business up and going. Thus, timely debt collection is crucial for every business. It enables you to improve your company’s cash flow, allowing businesses to reduce the risk of incurring losses and free up their resources. Faulty written agreements.

Collection Agent 52

Collection Agent Debt Recovery Collections Collateral 52

Jimerson Firm

JANUARY 31, 2023

In that effort to satisfy the statutory requirements, foundational contract requirements established by Florida common law risk being overlooked by less-than-diligent plaintiffs who fail to recall the fundamentals of contract litigation. O’Brien , 347 F. 2d 1299, 1304 (S.D. 2004) (interpreting Florida law). 688.002(4).

Trade 52

Trade Lawyers 52