Account Recovery
APRIL 26, 2024
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?
Enterprise Recovery
APRIL 26, 2024
In today's competitive business landscape, it's important to manage late payments while upholding positive client relationships. Use the following techniques to navigate the delicate balance of recovering outstanding debts while maintaining trust and loyalty with your clients. Discover ethical collection practices to help recover late payments while maintaining positive client relationships.
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Account Recovery
APRIL 26, 2024
Bankruptcy filings across the United States have shown a significant increase, rising by 16% during the 12-month period ending March 31, according to data released yesterday by the Administrative Office of the U.S. Courts.
UK debt collections
APRIL 26, 2024
John Barnes, the former England and Liverpool footballer, has been banned as a company director after his business failed to pay tens of thousands of pounds in tax. John Barnes Media Limited failed to pay more than £190,000 in corporation tax and VAT between 2018 and 2020, it was revealed following an investigation by the Insolvency Service. HMRC was the firm’s only known creditor when it ceased trading.
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.
Account Recovery
APRIL 26, 2024
The Court of Appeals for the Eleventh Circuit yesterday issued a ruling in a long-awaited Fair Credit Reporting Act reasonable investigation case, but side-stepped the issue that everyone was hoping it would decide, instead affirming the District Court’s ruling in favor of the defendant, but for an entirely different reason.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
APRIL 26, 2024
Suit Accuses Collector of Communicating in Different Channel After Receiving Refusal to Pay Appeals Court Side-Steps Chance to Create Bright-Line Rule on FCRA Claims, But Still Affirms Ruling for Defendant FTC Sues Payments Company For Charging Consumers Millions of Dollars in Junk Fees Bankruptcy Filings See Notable Increase in 2024 WORTH NOTING: The World Health […]
Hudson Weir
APRIL 26, 2024
A company’s Statement of Affairs is a detailed overview of its financial position, required for several different types of formal insolvency proceedings. But the reasons for preparing this document – and what happens afterwards – differ slightly depending on which insolvency procedure the company enters into. In all circumstances, for the best outcome, company directors should formally instruct a licensed and experienced insolvency practitioner to start and oversee the process.
Account Recovery
APRIL 26, 2024
The Federal Trade Commission has filed a lawsuit against a payments company that allegedly misled consumers about millions of dollars in junk fees that it was adding to their bills by charging consumers to make a payment and then printing a paper check and mailing it to the company being paid.
Credit Corp
APRIL 26, 2024
A nest egg is a substantial amount of money that you save for a specific purpose. Savings accounts, investment accounts and working financial professionals can help you grow your nest egg. A nest egg is a fund that you set aside for a specific purpose. Nest eggs can be large sums of cash that you store in a safe, retirement accounts like 401(k)s and IRAs, or investments like index funds and government bonds.
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Are you finding some snags in your collections process? With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.
Price Meese
APRIL 26, 2024
Federal Trade Commission Declares Non-Compete Agreements to be Unenforceable Unfair Competition On April 24, 2024, the Federal Trade Commission issued its “Non-Compete Clause Final Rule” (the “Rule”). [1] The Rule declares that non-compete agreements will be a form of unfair competition in all states. A non-compete agreement is defined as a term of an agreement or policy of employment that would interfere with an employee’s seeking or accepting work with any other employer, or operating any kin
Credit Corp
APRIL 26, 2024
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. Your credit score is one of the most influential factors when it comes to your financial health. It determines whether or not you can get a loan, how much you pay in interest fees, and the amount you need for deposits.
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