Debt Recoveries

APRIL 28, 2020

Recently we have been focussing on how to reduce your credit risks, promote cash flow deal with debtors during the COVID-19 crisis. However it remains a possibility that with some debtors, legal action may be the only the only course of action to secure your recovery. The courts are open and operating on reduced or amended schedules during this time, and most importantly, your rights to be repaid for monies owed have not changed so it is important you assess all options available to you.

Debt Recovery 84

Debt Recovery Debtor Debt collector Lawyers 84

Prosperity Now

APRIL 29, 2020

When we began the Health & Wealth Network at Prosperity Now, we wanted to center financial well-being as a core

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The Kaplan Group

APRIL 27, 2020

Negotiations are a large part of any collections business, and empathy is at the heart of every negotiation. Empathy means being able to see and understand someone else’s point of view and needs. So, while I may want to collect as much of the money owed to my client as possible, I also need to understand that the debtor wants to keep his business open.

Healthcare 64

Healthcare Debtor Collections 64

The McHughes Law Firm

APRIL 30, 2020

Alternative Payment Methods. In light of the global effects of COVID-19 and for any future issues that may result in the closing of our office to the public, we have outline several methods of alternative payment that involve less social interaction, and, therefore, less risk of further spreading of COVID-19. In person payments and even payments by mail include greater risks than our online and phone payment options.

Law Firms 59

Law Firms Debt collector Banks Collections 59

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.

CICM

MAY 1, 2020

Friday 1 May 2020. The team at the CICM has been working incredibly hard through these difficult times to support its members and the wider credit community in managing their cashflow. It’s not a new initiative; it’s something that has been at its heart ever since the Institute was founded more than 80 years ago, but in recent times the whole ‘managing cashflow’ piece has taken on a new sense of urgency.

Credit Management 52

Credit Management 52

NCBA Law Practice Management Blog

APRIL 28, 2020

Law firms that require paper-based signatures are committed to in-person meetings ; b ut, th ose may not always be feasible. In some cases, the decision is out of the lawyers’ hands, for example: during a personal, national or global disaster. Of course, there are ot her reasons why your law firm may want to utilize esignatures. Not requiring a physical signature likely means that you can add new clients faster , because you won’t have to set up an on-person meeting to do it.

Law Firms 52

Law Firms Lawyers Creditors 52

Luftman, Heck & Associates.

APRIL 28, 2020

There’s a lot of confusion around about whether or not you can be evicted for not paying rent during COVID-19. In Ohio, you must keep paying rent. If you fail to pay rent in April or May and are unable to catch up quickly, your landlord can still try to evict you. Ohio hasn’t formally stopped evictions and foreclosures during the COVID-19 pandemic, though your local jurisdiction might delay the Read More.

Foreclosure 52

Foreclosure Bankruptcy 52

Titan Consulting

APRIL 26, 2020

Key Takeaways. Delayed payments are not forgiven payments. Pausing bills can lead to massive balances due when payments restart. Suspending rent payments die to COVID-19 may put you at risk for foreclosure if you can’t make up your deferred payments all at once. Accepting a forbearance on your mortgage may require a balloon payment of all deferred payments 3-5 months later, or a mortgage modification in order to add payments to the end of your mortgage.

Student loans 52

Student loans Student Loans Lender Loans 52

Micro Bilt

APRIL 27, 2020

A landlord or property manager has open space they wish to fill. Their property is safe, clean, and located within a well-manicured neighborhood, so they’ll want to contract with a tenant who is honest and will take care of the property.

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Collections

Albuquerque Law

APRIL 30, 2020

Losing a job can leave individuals suddenly facing considerable stress – and a lot of questions. How will they pay bills? How will they support the family? If individuals already have debt, these questions and worries only increase. Even though many employers offer a severance package to help individuals after a layoff, debt can quickly start piling up when families lose a source of income.

Student loans 40

Student loans Student Loans Bankruptcy Creditors 40

Consumer Financial Services Law

MAY 1, 2020

By Anna Claire Turpin The Sixth Circuit Court of Appeals recently explored the limitations of Section 1692(f)(6) and held that a property preservation and maintenance company was not a debt collector for purposes of that section. The opinion highlights the importance that principal purpose and timing have on this limited provision of the FDCPA. Thompson v.

Debt collector 40

Debt collector Foreclosure Legal Rights Judgment 40

Hudson Weir

APRIL 30, 2020

Business rescue options may be on many company directors’ minds during these unprecedented times. It is undeniable that the business landscape has been heavily impacted by the 2020 coronavirus pandemic. . Company directors from across the country have been contacting us for advice. We’ve recognised a steeply increasing trend: the difficult reality that, due to coronavirus, previously healthy businesses are now facing the threat of insolvency.

Creditors 40

Creditors Trade Construction Government 40

Micro Bilt

APRIL 29, 2020

Application programming interfaces enable software to interact with other systems to support complex functions. How do consumer lenders use this technology?

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Lender 52

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Collections

Albuquerque Law

APRIL 29, 2020

Whether individuals file Chapter 7 or Chapter 13 bankruptcy, they will have to complete a considerable amount of paperwork to obtain the debt relief they need. When filling out this paperwork, one critical step individuals must take is to list all of their monthly expenses. This might seem like an overwhelming task, but individuals pursuing debt relief through bankruptcy can take proactive steps to make this process easier.

Bankruptcy 40

Bankruptcy Chapter 13 bankruptcy Banks Loans 40

Consumer Financial Services Law

APRIL 25, 2020

The North Carolina Department of Insurance has extended its previous order which activated the payment deferral provisions of N.C.Gen. Stat. 58-2-46. The Order would have expired April 26th and has been extended an additional thirty (30) days through and including May 27, 2020. A copy of the Extended Order can be found here. Additionally, in response to the number of questions posed with respect to the obligations of collection agencies and others licensed by the North Carolina Department of Ins

Law Firms 40

Law Firms Collection Agencies Collections Agency Debtor 40

Albuquerque Law

APRIL 27, 2020

In a recent blog post, we discussed the potential dangers of credit card debt. This report also found that the total credit card debt in the United States reached an all-time high at the end of 2019. Since most adults have at least one credit card, they are often well aware of the risks that come with a credit card. But why is it that credit cards carry such a high risk of debt?

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Chapter 13 bankruptcy Credit Card Debt Bankruptcy 40