Wed.Nov 11, 2020

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Help is at hand ? you?re never alone when it comes to debt

CSA

ve developed difficulties making repayment, the sooner you engage and contact your creditor, then the more likely it is an amicable solution can be found. The first step we always encourage people to take is a basic one; make contact and explain your situation. Have you been contacted by a CSA member? At the CSA, we?ve

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SBA Loan Site Visits: How to Prepare and What to Expect

Jimerson Firm

Lenders and CDCs should conduct the following steps before conducting a site visit, if applicable: Review the loan documents to determine what collateral was required, actually taken, and the priority position of any liens encumbering the collateral when the loan was closed; Obtain a current title report to verify the priority of liens securing the (..)

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COVID-19 Headlines FTC’s “Green Lights & Red Flags”

Troutman Sanders

As part of that plan, businesses need to know who to notify in the event of a breach – and one contact on that list should be the business’s attorney.

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How to Prepare for an Inquest

FFGN COLLECT NY

Contact FFGN today to learn more about how to prepare for an inquest or place a debt collection case. Regardless of whether the debtor appears or not, the judge will issue a ruling on the inquest and grant the creditor a judgment for the amount of damages proven. Looking to win your debt collection case?

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Machine Learning Is a Game Changer for Compliance

Katabat

They don’t like to be contacted on the phone and have a reasonable expectation that new numbers calling them are scammers. Many of those reasons have to do with the end user: the borrower. A growing proportion of consumers and borrowers are tech savvy Millennials who expect SMS reminders and sleek web portals.

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Successes from Automating Communications in Collections

Fico Collections

Rather than being available only for inbound requests through an IVR or a Website, self-service can now be implemented through a proactive contact (email, text message, or fully unassisted phone call). FICO’s Customer Communication Services allows clients to automate, coordinate and integrate multiple channels into their contact strategy.