Sun.Jun 25, 2023

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Professional Life of a Debt Collector

Nexa Collect

The professional life of a debt collector involves communicating with individuals and businesses to collect payments on overdue bills, loans, or other financial obligations. This job can be challenging but also rewarding for individuals who have strong communication and negotiation skills. Below, I outline various aspects of a debt collector’s professional life: Daily Tasks : A typical day for a debt collector might include making phone calls to debtors, sending letters or emails, negotiat

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Want to get paid before the end of financial year?

Collect More

EOFY Demand template. Many people have asked us for this so without further adieu here is a demand you can use this week to hopefully get paid before Friday. Remember, to get them to pay, your customer MUST benefit. If they don’t then your invoice will just remain where it is, a problem for next Financial Year. Just add your debt amount next to the dollar sign and away you go.

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Unpaid Bills of Senior Living Centers: Causes & Resolution

Nexa Collect

Unpaid bills at Senior Living Centers can have serious implications for both the residents and the facilities. Here are some reasons behind the accumulation of unpaid bills and steps that can be taken to address this issue: Causes: Financial Constraints of Residents : Some residents may not have sufficient funds or a stable income source to pay for their stay.

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A Risk of Failing to Update Business Address With Secretary of State

FFGN COLLECT NY

Our client sued to recover monies owed for maintenance supplies sold and delivered to multiple buildings. The debtors did not answer the summons and complaint and we were ultimately able to enter a default judgment against the delinquent customer. However, their lack of response was due to failing to update their business address with the New York Secretary of State.

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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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New debt collection scam causes AG Nessel to raise alarm

Collection Industry News

WXYZ) — A new scam using letters posing as the State of Michigan is causing Attorney General Dana Nessel to raise alarm to Michigan residents and businesses. “Posing as our state agencies to scare businesses and workers into paying entities that they don’t owe is just another way bad actors have devised to steal from Michigan residents,” said Nessel in a press release.

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Work Requirements Don’t Work

Prosperity Now

Recently, we had the (mis)fortune of witnessing a uniquely American political crisis with the global economy at stake: the U.S. Debt Ceiling. On the brink of a June 5th deadline, President Joe Biden signed the “Fiscal Responsibility Act of 2023,” (FRA) averting a catastrophic default but leaving social safety net advocates scrambling to understand how this impacts program funding.

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