Fri.Nov 04, 2022

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Tips for Hiring a Corporate Debt Collections Agency

Enterprise Recovery

If you're reading this, it's more than likely because you've done everything you can to get a client to pay, including asking nicely , and they're simply. not paying. You may be wondering if you have any recourse at all and you really, REALLY, need to get back to running your business. Hiring a professional debt collection agency seems complex and a little uncertain.

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TSA PreCheck Application Fees Get Price Decrease To $78

Nerd Wallet

Inflation has come for most things, including travel expenses like hotels and airfare. But the cost of TSA PreCheck has undergone a bit of deflation. The Transportation Security Administration has lowered the price for TSA PreCheck from $85 to $78. That’s good news for travelers who want to speed through security without the clunkiness of. Sally French writes for NerdWallet.

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Five Stories that Matter in Michigan This Week – November 4, 2022

Fraser

IRS Announces 2023 Cost-of-Living Adjustment for Retirement and Health and Welfare Benefit Plans. The Internal Revenue Service recently announced 2023 cost-of-living adjustments for retirement and health and welfare benefit plans. The significant adjustments reflect the increase in inflation over the last year. The adjustments are detailed in IRS Notice 2022-55.

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9 Great Best Western Hotels in Europe

Nerd Wallet

At first glance, Best Western Rewards may not have the same aspirational redemptions you may find elsewhere. But, a deeper dive into its hotel portfolio could put you near some of Europe’s most important landmarks and exciting destinations while spending a fraction of the points (or cash). But first, you’ll need a large stash of. Ramsey Qubein writes for NerdWallet.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

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.

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Texas Federal Court Issues Stay Pending Fifth Circuit Mandate

Troutman Sanders

On October 31, a Texas federal court ordered a stay in a Consumer Financial Protection Bureau (CFPB) enforcement action, pending the issuance of the Fifth Circuit mandate in Community Financial Services Association of America Ltd. v. CFPB , which declared the CFPB funding mechanism unconstitutional. In the enforcement action CFPB v. Populus Financial Group, Inc. , the parties requested the stay since the mandate will control the resolution of key issues presented in the defendant’s pending motio

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Company Insolvencies up 71% in the UK

UK debt collections

The latest Government insolvency statistics for Q3 2002 show a significant increase in the volume of companies in distress. There were 16,105 corporate insolvencies in the first three quarters of 2022 compared to 9,433 during the same period in 2021 – a 71% rise. Quarterly insolvency statistics for July to September (Q3) 2022 also show corporate insolvency appointments are currently over 50% higher than levels in 2021.

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Debt Factoring: What It Is, Advantages and Disadvantages

Nerd Wallet

What is debt factoring? Debt factoring is another term used for invoice factoring or accounts receivable factoring. With this type of financing, a business sells its accounts receivable to a third party at a discount. You receive a percentage of the receivables upfront, and the third party assumes responsibility for collecting payment from your customers.

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Role Models: To Better Ensure Data Security, Check Your User Permissions

NCBA Law Practice Management Blog

Every law firm owner is aware that outside actors can breach data, and cause a host of problems. Hackers are the bogeyman, in this situation. And so, much concern is spent over password management , encryption and email scams, including ransomware and phishing. But, to have a truly effective data security program, law firms also need to consider the access that internal staff enjoys.

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What is Alaska Elite Status Worth?

Nerd Wallet

Do you regularly fly Alaska Airlines? The newest member of the Oneworld airline alliance, Alaska features four levels of elite status tiers. But before you commit to this Seattle-based airline, you may wonder about Alaska’s elite status value. For example, does it treat loyal members well? So, what is the value you can expect from. Carissa Rawson writes for NerdWallet.

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

Are you finding some snags in your collections process? 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. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

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Close Sesame: Three Things You Can Do To Improve Your System Security Right Know

NCBA Law Practice Management Blog

It’s 2022, and everybody is still kind of bad with passwords. Many passwords, in fact, still contain the word. password. That can’t be good. However, there are three simple moves that you can make to ensure that your passwords are more impressive, and difficult to hack. That will, in turn, better secure the systems that you are using passwords to protect – which, at this juncture, are pretty much all your systems.

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Toggle Renters Insurance Review 2022

Nerd Wallet

Founded in 2018, Toggle is a new brand of renters insurance from Farmers. It’s designed for people who want to customize their policies quickly and easily online, with a range of unique add-on features such as coverage for side hustles and a package specifically for pet owners. Toggle’s standard policies will generally pay for damage. Sarah Schlichter writes for NerdWallet.

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Close Talker: Referrals from Other Lawyers are Nearer Than You Think

NCBA Law Practice Management Blog

The cool thing about working in 2022, is that everybody has more flexibility than ever before -- especially about where they want to work. That’s awesome; and, that’s as it always should have been. And, it’s also true for business owners, who should no longer feel compelled by client per ception to work in a downtown office. And, lawyers: most of your clients, too, are working from home.

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Top US banks hike lending rates to highest since 2008; Lira at record low

Collection Industry News

Three major US banks are raising their prime lending rates to the highest levels since the global financial crisis of 2008, following a hefty interest rate hike by the US Federal Reserve. JPMorgan Chase & Co, Citigroup Inc and Wells Fargo & Co said on Wednesday the new rates, including the latest 75 basis point hike, would take effect on Thursday.

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ERM Program Fundamentals for Success in the Banking Industry

Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?

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Feds Raising Rates | Debt Recovery Resources

Debt RR

Feds Raising Rates: What You Need to Know. The Feds have signaled that they’ll likely raise interest rates again in 2022. And this is important to know if you plan on taking out a loan in the near future. Because interest rates affect almost everything, but most especially loans. When interest rates are higher, borrowing money — whether it’s to buy a house, a car, or something else entirely — is more expensive.

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Is the Great Resignation Coming to an End?

NACM

?? On this week's episode of the Extra Credit podcast. is the Great Resignation coming to an end as employees become increasingly concerned about job security? ?? Also in this episode. how a lack of skilled labor in the construction industry can hurt material suppliers.