Fri.Dec 04, 2020

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How to Resolve Late Payments During a Pandemic and the Holidays

Enterprise Recovery

Your business may be working to resolve late payments to close out your year. Resolve late payments during a pandemic and the holidays by using these opportunities to connect. As if it's not challenging enough to deal with late paying clients, the pandemic and the holiday season can add more stress.

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How to Prepare for Student Loan Payments to Restart in 2021

Nerd Wallet

The new year could spell trouble for millions of student loan borrowers who haven’t had to make a payment since March. The payment pause, known as a forbearance, began March 13 as part of the original coronavirus relief package and in August was extended through the end of the year by President Donald Trump. Email: anna@nerdwallet.com.

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Your business hired a collection agency. Now what?

American Profit Recovery

One important factor that we point out in all areas of the onboarding process is that waiting to submit late counts to a collection agency will only further delay payments received by you. When you log into our online portal, APRweb, your dashboard will give you a full snapshot of collection activity, payments, and progress on your accounts.

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Using Proven and Effective Tactics for Debt Collection for Small Businesses

Collections Law

While some may wait for the payment in an effort to keep their business, more often than not, the late payments continue — if you receive a payment at all. What this does is freeze your debtor’s assets, such as bank accounts and real estate to secure payment of your debt.

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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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COVID-19 Collections Impact Bulletin: State Responses (December 2020 Update)

Burr Forman

On April 23, 2020, Governor Gavin Newsom issued Executive Order N-57-20 exempting stimulus payments and other COVID-19-related government financial assistance from attachment, levy, execution, or garnishment. The state of emergency is currently set to expire on December 31, 2020.

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Using Proven and Effective Tactics for Debt Collection for Small Businesses

Collections Law

While some may wait for the payment in an effort to keep their business, more often than not, the late payments continue — if you receive a payment at all. What this does is freeze your debtor’s assets, such as bank accounts and real estate to secure payment of your debt.

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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