Credit Corp

MARCH 9, 2021

When you’ve missed a mortgage payment your mind may immediately spiral to foreclosure. But, it should bring you some peace of mind to know that foreclosure is not the immediate consequence for missing a loan payment. Foreclosure doesn’t really come up until you’ve missed two or three payments. Foreclosure.

Foreclosure 111

Foreclosure Lender Loans 111

Credit Corp

MARCH 9, 2021

However, due to the COVID-19 pandemic, student loan payments and collection attempts have been paused until September 30, 2021. Loans become delinquent when you fail to make a payment by the specified due date. If it’s been more than 270 days since your last Direct Loan payment, you’re probably in default.

Student loans 98

Student loans Student Loans Loans Garnishment 98

PDC Flow

MARCH 9, 2021

Managing administrative staff and chasing down payments can be a big job for a hospital system or other healthcare practice. This confusion can mislead patients about what they owe, increase disputes and create roadblocks to quick payment resolution. Billing and Payment Reminder Services. Early Out Collection.

Collections 78

Collections Healthcare Collection Agencies Collections Agency 78

Sawin & Shea

MARCH 9, 2021

So if you received the $600 stimulus payment or the $1,200 payment for married couples, it can’t be taken from you as part of your bankruptcy. The CARES Act seems to continue these protections as we move forward with additional stimulus payments. What About an Additional Stimulus Check? It can take a lifetime to pay it all off.

Bankruptcy 98

Bankruptcy Chapter 7 bankruptcy Unsecured Debt Credit Card Debt 98

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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.

Collections

Troutman Sanders

MARCH 9, 2021

5) the resident has no other available space for occupancy at the same or less housing cost and, if evicted, would either need to live without housing or move into a congregate or shared-living setting.”

Government 52

Government Foreclosure 52

Troutman Sanders

MARCH 9, 2021

The court denied an earlier settlement payment of $125,902 because it appeared to account for a potential statute of limitations defense that did not apply to half of the settlement class and because the court disapproved of the proposed attorney’s fees and service award to Taafua.

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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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