Thu.Jan 13, 2022

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Late payments still afflicting businesses: why debt recovery should be taken seriously

CSA

with the 2016 Enterprise Act, a commitment for public bodies to pay within 30 days of accepting invoices, the creation of the Office of Small Business Commissioner (OSBC) and the best practice benchmark for the private sector to settle B2B payments within 60 days from the receipt of invoice (within 30 days for SMEs with fewer than fifty employees).

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Getting to Know Jennifer Whipple of Collection Bureau Services

Account Recovery

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.

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What is the difference between Chapter 7 and Chapter 13 bankruptcy?

Roths Child Law

Instead of selling some of your assets to repay your creditors, you would follow a payment plan. Chapter 13 doesn’t work the same way. With Chapter 13 bankruptcy, you’ll be able to repay your debts within 3 to 5 years. Chapter 13 bankruptcy takes more time than Chapter 7 bankruptcy, but it will let you keep everything you own.

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Indonesian Insolvency Plan Not Enforced Under Chapter 15

ABI

Indonesian cellular telecommunications company that defaulted on scheduled interest payments. sued BTEL in New York state court demanding immediate payment. States Code (the “Bankruptcy Code”), but denied a request to enforce the Indonesian. plan approved in the Indonesian proceeding. 1 PT Bakrie Telecom Tbk (the “Debtor”).

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10 Ways to Improve Payment Collections with Salesforce

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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Mortgage-Assistance Relief Firm Violates Consumer Finance Regulations

ABI

at *9 (holding that the firm (1) charged unlawful advance fees, (2) failed to make requisite disclosures, (3) wrongfully implied that customers should not communicate with lenders, (4) wrongfully implied that customers should stop making mortgage payments, and (5) misrepresented the performance of alternative nonprofit services). [8]

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Second Circuit Disallows Private Educational Loans from Discharge Under 11 U.S.C. § 523(a)(8)(ii)

ABI

15] After considering the meaning of both companion words, the court found that an “educational benefit” is a conditional payment. [16] is best read to refer to conditional grant payments similar to scholarships.”). [17] 9] The text and structure of § 523(a)(8) is narrower than what Navient had argued. [10] 17] See id.

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When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

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.

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Everything You Need to Know About Crypto

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