American Profit Recovery

JUNE 23, 2020

We are often asked by our new clients about the strategy we will employ to help them get paid and collect the money that is owed to them. Let’s face it, we are not the only collection agency out there so many businesses searching for a company to help with debt collections will want to understand how we might approach their customers differently to create some type of resolution.

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Collections Debt collector Collection Agencies Collections Agency 246

Sawin & Shea

JUNE 23, 2020

The Covid-19 pandemic has resulted in an economic slowdown unprecedented in modern history. In response to this economic impact The CARES Act was signed into law March 27, 2020. One of its provisions in the act provided for mortgage forbearance agreements and modifications to the Fair Credit Reporting Act. Pursuant to the Cares Act, most mortgage holders/servicers are offering mortgage forbearance agreements.

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Creditors Trade Bankruptcy 111

Re:Ceeve

JUNE 23, 2020

Non-performing loans (NPLs) continue to put pressure on European banks, playing a critical role in profitability and determining the overall financial health of the banking infrastructure. Banks with a high volume of NPLs often experience a reduction in net interest income, an increase in impairment costs and additional capital requirement for high-risk weighted assets.

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Loans Banks Acquisition Collections 78

Fraser

JUNE 23, 2020

PCORI PAYMENTS ARE BACK! Plan Sponsors of Applicable Self-Funded Health Plans Must Make PCORI Fee Payment By July 31, 2020. The Internal Revenue Service recently released Notice 2020-44 which sets forth the PCORI amount imposed on insured and self-funded health plans for policy and plan years that end on or after October 1, 2019 and before October 1, 2020.

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Lawyers 75

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.

The Kaplan Group

JUNE 23, 2020

Normally on this blog we give advice to our clients and creditors who are owed money. The pandemic and resulting economic impact are causing many companies to struggle financially for the first time. Here are some tips for both debtors and creditors considering a payment plan as a way to resolve an issue. If you or someone you know is struggling with their personal financial situation, we recently published blogs for dealing with collection agencies and lower credit card limits.

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Credit Counselor Bankruptcy Creditors Debtor 59

Micro Bilt

JUNE 23, 2020

Once the COVID-19 pandemic passes and the various types of debt reprieves outlined in the CARES Act expire, businesses will be faced with how to collect monies owed to them.

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Collections 52

Public Citizen

JUNE 23, 2020

We've received the following Call for Papers: Call for Papers Junior Consumer Law Scholars WIP session. AALS Section on Commercial & Consumer Law. January 5-9, 2021, AALS Annual Meeting. The AALS Section on  Commercial & Consumer Law  is pleased to announce a “Works-in-Progress Session for Junior Consumer Law Scholars” program during the 2021 AALS Annual Meeting in San Francisco, California.

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PBWT

JUNE 23, 2020

Hertz Global Holdings Inc. and most of its affiliates filed for bankruptcy on May 22, 2020. This was just one corporate failure among many in the midst of the COVID-19 pandemic; but, a novel strategy by Hertz to raise capital to fund its bankruptcy has raised eyebrows instead. On June 11, citing volatile trading activity in its common stock, Hertz sought emergency approval from the Bankruptcy Court to sell up to $1 billion of authorized but unissued shares of its common stock pursuant to an exis

Debtor 52

Debtor Bankruptcy Retail Trade 52

PDC Flow

JUNE 23, 2020

In debt collection, the root to higher payments and more success closing accounts is helping consumers solve their problems. If you don’t know the struggles they face, however, you can’t achieve this goal. Understanding the digital customer journey consumers take during their payment experience can help your agency understand where you’re succeeding and – more importantly – where potential payments are falling through the cracks.

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Collections Collection Agencies Collections Agency Creditors 80

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