Payment Savvy

JANUARY 12, 2022

Throughout this post, we’ll discuss how adopting contactless healthcare payments and utilizing payment technology can rid the industry of these old practices and create solid and lasting relationships with your patients. The benefits of contactless payment options far outweigh any startup costs associated with the upgrades.

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Healthcare Startups Banks Collections 52

Account Recovery

JANUARY 12, 2022

In yet another sign of the uncertainty that many people are facing these days, more consumers expect to not be able to make a minimum debt payment in the next three months, but fewer people believe they will be much worse off, financially, a year from now, according to data that was released this week … The post Fed Survey Illustrates Consumer (..)

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ABI

JANUARY 12, 2022

Under title 11 of the United States Code (the “Bankruptcy Code”), a trustee or debtor in possession may avoid or recover certain payments made by the debtor before the bankruptcy filing as a “preference.” [1] 2] Such payments must be approved by the bankruptcy court and are often authorized in a “critical vendor” order. [3]

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ABI

JANUARY 12, 2022

ii] Despite earning significant amounts of money, and while participating in an income-driven repayment program, Nitka was making minimal payments towards his loan. Nitka earned $61,901 in 2015 and made no payments; $83,000 in 2016 and only paid $130.92; $31,000 in 2017 and paid $109; and $8,000 in 2018 and made no payments towards his loan.

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For finance teams using Salesforce’s powerful CRM technology, automation can transform accounts receivable processes, driving efficiency and delivering measurable results like cost savings, reduced customer churn, and lower DSO.

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Sawin & Shea

JANUARY 12, 2022

A Chapter 13 Plan can help get you back on track with secured debts that you are behind on, like house or car payments. If you are behind on child support or alimony payments, you will still be required to pay what is owed after your bankruptcy case has ended. After the repayment period, any remaining debt will likely get discharged.

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ABI

JANUARY 12, 2022

2] Ona Colette Anne Hull incurred student loan debt totaling approximately $144,000 to fund her education, and had not made payment to her student loans in approximately 7 years. [3] United States Dep’t of Educ. , 3] Between 2010 to 2017, her average annual wages totaled approximately $63,000.” [4] 1] Hull v.

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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. Are you finding some snags in your collections process? Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

Collections

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

May 18th, 2023 at 9:30 am PDT, 12:30 pm EDT, 5:30 pm BST

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