Account Recovery

OCTOBER 27, 2021

In the latest episode of “You Wanted a Rule, You Got a Rule,” John Bedard of Bedard Law Group finishes walking through his analysis and breakdown of the eight optional disclosures that collectors are allowed to include on their copies of the Model Validation Notice and still enjoy the safe harbors provided to them under … The post Bedard Finishes Analysis of Model Validation Notice’s Optional Disclosures appeared first on AccountsRecovery.net.

246

246

American Profit Recovery

OCTOBER 20, 2021

By Sabrine: I am approaching my fourth year here at American Profit Recovery. The time here flew by, and I am in awe that I have been here for as long as I have. Loyalty as well as being tenured at jobs growing up has been the norm for me prior to graduating college. As I get ready to complete my fourth year here and knowing that this is the career path for me, I can excitedly say that I look forward to celebrating my anniversary every year it arrives.

213

213

Enterprise Recovery

OCTOBER 29, 2021

When entrepreneurs are growing a business, they may often use the phrase "wears many hats." Employees are often taking on many different tasks to remain agile on the path to profitability. As more employees are hired for specific duties, small teams develop. While these teams focus on the demands of their responsibilities, success is found when they continue to work together.

211

211

Nerd Wallet

OCTOBER 29, 2021

You’ve probably heard of people making money by trading cryptocurrencies. But there’s a different way to grow your crypto holdings without having to buy more. The practice, called “staking,” is a way of using certain cryptocurrencies to help verify transactions on a blockchain network. Investors who participate in staking can earn yields exceeding what’s available.

Trade 145

Trade 145

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.

UK debt collections

OCTOBER 18, 2021

The number of businesses in England and Wales that went bust last month was the largest since the pandemic began. The latest Insolvency Service data shows that 1,446 company insolvencies were registered last month. Business insolvencies have increased by 7.2% in September 2021 compared to August’s figure of 1,349. They also increased by 55.8% in comparison to the same period for last year.

Trade 107

Trade Debt Recovery Creditors Government 107

Account Recovery

OCTOBER 26, 2021

JUDGE DENIES DEFENDANT’S MOTION IN FDCPA BANKRUPTCY CASE A District Court judge in Florida has denied a defendant’s motion for judgment on the pleadings in a Fair Debt Collection Practices Act case for allegedly disregarded cease-and-desist letters sent by an individual after receiving text messages and collection letters from the defendant while the individual had … The post Daily Digest – October 26.

Creditors 246

Creditors Fair Debt Collection Collections Bankruptcy 246

American Profit Recovery

OCTOBER 29, 2021

Cash flow is king when it comes to sustaining your business long-term. And it doesn’t matter if you are running a small business or a nationwide organization, cash flow is the backbone of any size company. If you’re not paying close attention to the status of your cash flow, you could find your business with a financial challenge very quickly.

Accounts Receivables Management 206

Accounts Receivables Management Collection Agencies Collections Agency Collections 206

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). The FAR Council has published the new clause (“COVID Clause”), and has asked contracting agencies to develop deviations allowing use of the new COVID Clause.

Acquisition 105

Acquisition Manufacturing Education Construction 105

Nerd Wallet

OCTOBER 29, 2021

There are some things no one wants to think about until they have to, like caregiving for your parents as they age and figuring out what happens to your finances when you die. But planning for these events now can spare you and your loved ones a lot of hassle later on. The first step. Amrita Jayakumar writes for NerdWallet. Email: ajayakumar@nerdwallet.com.

145

145

Advertisement

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.

Collections

UK debt collections

OCTOBER 14, 2021

The financial impacts from COVID is forcing many SME’s into bankruptcy. One of the major instigators of this is the late payments issue, which has increased by 20% from last year, to £61billion. . As the instrumental player in the UK’s economy, SME’s turnover turnover is estimated at £2.2trillion annually. Tackling the issue of late payments is critical in enabling small businesses to reach their maximum potential.

Collection Agencies 104

Collection Agencies Collections Agency Collections Bankruptcy 104

Consumer Finance

OCTOBER 31, 2021

CFPB Director Rohit Chopra released a statement today regarding the Report on Stablecoins issued by the President’s Working Group on Financial Markets, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation.

104

104

Account Recovery

OCTOBER 21, 2021

The Consumer Financial Protection Bureau this week quietly released a new update to Regulation F, one that many in the industry had been anxiously awaiting as the countdown to November 30 gets smaller and smaller. The CFPB released a Spanish-language translation of its Model Validation Notice, which collectors can choose to use if they elect … The post CFPB Releases Spanish Model Validation Notice appeared first on AccountsRecovery.net.

246

246

Prosperity Now

OCTOBER 15, 2021

This October, the fourth installment of the monthly Child Tax Credit (CTC) payments will be reaching millions of families.

126

126

Advertisement

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.

Collections

Credit Corp

OCTOBER 31, 2021

If you feel burdened under the weight of student loan debt, you’re not alone. In 2019, the average student loan debt total per person was more than $31,000. The good news is that you may be able to get part or all of your student loans forgiven. You also have the right to a fair and accurate credit report, and you can challenge the accuracy of information about your student loans as well.

Student loans 98

Student loans Student Loans Loans Garnishment 98

Nerd Wallet

OCTOBER 4, 2021

October mortgage rates forecast I predict that mortgage rates will rise in October. There will be ups and downs day to day, but mortgage rates will be higher at the end of the month than at the beginning of the month. (That’s assuming the debt limit will be addressed in time to avoid a government. Holden Lewis writes for NerdWallet. Email: hlewis@nerdwallet.com.

Government 136

Government 136

Jimerson Firm

OCTOBER 27, 2021

It is a common question whether certain restrictive covenants, such as confidentiality agreements, are enforceable in Florida. A restrictive covenant is a contractual agreement or provision designed to protect a party’s business interests and restricts what a party is allowed to do after the agreement is executed. See Proudfoot Consulting Co. v. Gordon , 576 F.3d 1223 (11th Cir. 2009).

Government 98

Government 98

Receivables Control

OCTOBER 29, 2021

One of the most significant problems facing companies right now is staffing shortages. The ramifications of staffing shortages is seen in every industry across the economy. In our personal lives, we see the disruption every day in the retail sector when we encounter shortened hours, bare shelves, simplified menus, etc. In our professional lives, we see that companies are having a challenging time with their supply chains, causing further disturbances throughout the economy.

Retail 98

Retail Collections 98

Speaker: Lynnette Khalfani-Cox, The Money Coach®

Niche markets represent a huge opportunity for the financial services industry in America. From college students and women to communities of color and low-to-moderate-income households, niche populations have specialized financial needs – but they often underutilize many valuable financial products and services. How can you better connect with these consumers?

Financial services

Account Recovery

OCTOBER 21, 2021

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know Patricia Cobb of

Accounts Receivables Management 246

Accounts Receivables Management 246

Burr Forman

OCTOBER 26, 2021

On October 25, 2021, the Equal Employment Opportunity Commission (“EEOC”) issued new guidance regarding religious objections to workplace COVID-19 vaccination requirements. The new guidance is included in the EEOC’s larger guidance document, What You Should Know About COVID-19 and the ADA, Rehabilitation Act, and Other EEO Laws. These questions and answers collect and expand upon pre-pandemic guidance to help employers navigate issues related to COVID-19 vaccination and the interaction with fede

Collections 98

Collections 98

Sawin & Shea

OCTOBER 27, 2021

Debt is becoming an increasingly serious problem for Indiana residents as well as the rest of the United States. According to surveys conducted by QuoteWizard , almost 80 million Americans have a notable amount of medical debt and 12% of Americans’ income are spent on medical costs. Additionally, around 15% of Americans owe money for medical bills upwards of $10,000.

Chapter 13 bankruptcy 98

Chapter 13 bankruptcy Bankruptcy Unsecured Debt Lawyers 98

Nerd Wallet

OCTOBER 7, 2021

Gratitude makes us more aware of the sources of joy, wonder and hope in our lives. Being grateful also can improve health, strengthen relationships and help us manage our money. Developing gratitude requires us to focus on what we have rather than on what we lack, says Meghaan Lurtz, a senior research associate with financial. Liz Weston writes for NerdWallet.

135

135

Speaker: William Hord, Vice President of ERM Services

A well-defined change management process is critical to minimizing the impact that change has on your organization. Leveraging the data that your ERM program already contains is an effective way to help create and manage the overall change management process within your organization. Your ERM program generally assesses and maintains detailed information related to strategy, operations, and the remediation plans needed to mitigate the impact on the organization.

Jimerson Firm

OCTOBER 21, 2021

When a property owner experiences construction defects in their property, one of the important considerations as to whether or not to pursue a construction defect lawsuit is what types of damages may be available to remedy the defects. This is an important consideration, as without a complete understanding of all the available types of damages, property owners may not be setting themselves up to obtain all of the recovery to which they may be entitled.

Construction 98

Construction Trade Judgment Banks 98

Collections Law

OCTOBER 22, 2021

As an architect, you take pride in your work and when you deliver your product to a customer, you expect to get paid. What can you do if they don’t pay you as agreed, even though you have already done the work? Contractors and subcontractors often use mechanic’s liens to help them secure payment, but architects often do their work even before the builders break ground.

Mechanic’s Liens 98

Mechanic’s Liens Commercial Collection Construction Foreclosure 98

Account Recovery

OCTOBER 29, 2021

While noting that several instances of a collection letter lacked clarity, a District Court judge in New Jersey nonetheless granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act case, ruling that even a least sophisticated consumer would be able to ascertain the identity of the original creditor and that disputes needed to … The post N.J.

Fair Debt Collection 246

Fair Debt Collection Original Creditor Creditors Collections 246

Credit Corp

OCTOBER 21, 2021

In the wake of the Covid-19 pandemic, the world of retail investing has experienced a growing number of new arrivals looking to place their money in the stocks and shares that they believe in. Emotional investments and allowing fear or greed to control decisions can lead to clouded judgement in the investing landscape. In these cases, it’s vital to look at the bigger picture–stock market returns may debate significantly in short-term waves.

Retail 98

Retail Trade 98

Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP

Did you know that 2021 was a record-breaking year for ransomware? The days of a “once in a while” attack against businesses and organizations are over. Cyberthreats have become a serious issue. With 495.1 million attacks, the threat marked a 148% increase compared to 2020 and was the most expensive year on record! As a result, data protection needs to be a concern for most banks, businesses, and information technology specialists.

Banks