Thu.Feb 09, 2023

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Questions to ask a commercial collection agency before hiring

American Profit Recovery

A commercial collection agency is an agency that works to resolve debt between two businesses. Commonly known as B2B debt collections, it’s the process of mediating financial disputes and overdue invoices owed to a commercial client. In many cases, these invoices and balances due can add up to a substantial amount of money. If, for example you are in manufacturing or distribution and you extend credit in the form of pallets of products, you’ll want to know how quickly you can get pai

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Collection Agency for Lumber Companies

Nexa Collect

Lumber companies provide hardware, lumber, and building materials for professional contractors and home builders. However, not all their invoices get paid on time. It is common for lumber companies to have overdue AR that runs into tens of thousands of dollars. This figure can run into millions of dollars for large lumber companies. Collecting money for Lumber Companies Nationwide Contact us for a free consultation Lumber companies often need professional help to negotiate non-payment cases and

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Daily Digest – February 9. Getting to Know Janneen Jackson of Phillips & Cohen Associates; Judge Grants MTD in Hunstein Case

Account Recovery

GETTING TO KNOW JANNEEN JACKSON OF PHILLIPS & COHEN ASSOCIATES Janneen Jackson may be new to the accounts receivable management industry, but she is one of the most experienced rookies the industry has seen in a while. Having spent 14 years in the debt settlement industry, Jackson knows her way around collections. Her plan now … The post Daily Digest – February 9.

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Strategies Small Businesses Can Use to Retain Employees

Nerd Wallet

Lisa Anthony writes for NerdWallet. Email: lanthony@nerdwallet.com. The article Strategies Small Businesses Can Use to Retain Employees originally appeared on 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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How Are Bonuses Taxed and Who Pays?

Credit Corp

So, you received a bonus at work? Congratulations. Whether it’s a year-end bonus or a reward for strong performance, a planned or an unplanned bonus, any extra money can be a great reward. Before you start thinking of all the ways you want to spend this extra compensation, it’s important to realize that the IRS is going to take a fraction of your bonus.

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Debt Recovery effort sees £437,000 written off by Council

UK debt collections

Renfrewshire Council is preparing to write off more than £400,000 of irrecoverable debt following extensive debt recovery action. Elected members will meet tomorrow to consider the move, which would mean a number of companies, either dissolved or liquidated , would not be expected to make further payments on specific bills. A total of £437,532 is due to be considered by the finance, resources and customer services policy board.

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‘Bridge’ Your Way to Social Security

Nerd Wallet

Liz Weston, CFP® writes for NerdWallet. Email: lweston@nerdwallet.com. Twitter: @lizweston. The article ‘Bridge’ Your Way to Social Security originally appeared on NerdWallet.

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Knockdown, Drag Out: Law Firms Require Two Stages of Intake

NCBA Law Practice Management Blog

One of the things that came out of the pandemic was that it was clear that law firms need ed to think more granularly about their intake processes. The convenience economy was accelerated by the pandemi c, which means that any business intake process must now b e tight as a drum. Now , in thinking about your law firm’s intake process , understand that it comes in stages.

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DUNS Number: What It Is and How to Get One

Nerd Wallet

Kelsey Sheehy writes for NerdWallet. Email: ksheehy@nerdwallet.com. Twitter: @KelseyLSheehy. The article DUNS Number: What It Is and How to Get One originally appeared on 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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APP Scams: What Impact Will the PSR’s Proposals in the UK Have?

Fico Collections

Home Blog FICO APP Scams: What Impact Will the PSR’s Proposals in the UK Have? As the PSR’s response to authorized push payment fraud moves towards becoming law, what will the results be? Will there be unintended consequences? And what can banks do? FICO Admin Tue, 07/02/2019 - 05:23 by Matt Cox VP and General Manager, EMEA expand_less Back To Top Thu, 02/09/2023 - 11:40 Of the £609.8 million stolen through fraud in the UK last year, payment scams (or authorised push payment fraud or APP scams)

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Marriott Bonvoy Bold, Boundless Cards Tweak Bonus Offers

Nerd Wallet

Melissa Lambarena writes for NerdWallet. Email: mlambarena@nerdwallet.com. Twitter: @LissaLambarena. The article Marriott Bonvoy Bold, Boundless Cards Tweak Bonus Offers originally appeared on NerdWallet.

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Six Steps to Growth in a Global Economic Squeeze

Fico Collections

Home Blog FICO Six Steps to Growth in a Global Economic Squeeze Learn how banks and other financial institutions can use personalization to drive growth in spite of global economic uncertainty FICO Admin Thu, 12/19/2019 - 16:29 by TJ Horan Vice President, Product Management expand_less Back To Top Thu, 02/09/2023 - 12:30 Right now, we’re all wrestling with the squeeze on household incomes and rising inflation.

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5 Things to Know About the Cerulean Credit Card

Nerd Wallet

Melissa Lambarena writes for NerdWallet. Email: mlambarena@nerdwallet.com. Twitter: @LissaLambarena. The article 5 Things to Know About the Cerulean Credit Card originally appeared on NerdWallet.

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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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Is ChatGPT the Weight Loss Wonder Drug of AI?

Fico Collections

Home Blog FICO Is ChatGPT the Weight Loss Wonder Drug of AI? ChatGPT isn’t assisting or enhancing human creativity, it is regurgitating a configuration of the AI data it was trained on FICO Admin Tue, 07/02/2019 - 02:45 by Scott Zoldi Chief Analytics Officer expand_less Back To Top Thu, 02/09/2023 - 16:00 An AI chatbot that can pass the content an exam given by a Wharton business school professor.

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The Guide to Different Types of U.S. Passports

Nerd Wallet

Ramsey Qubein writes for NerdWallet. Email: travel@nerdwallet.com. The article The Guide to Different Types of U.S. Passports originally appeared on NerdWallet.

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Supreme Court rules 9-0 that bankruptcy filers can’t avoid debt incurred by another’s fraud

Collection Industry News

The Supreme Court in a unanimous decision Wednesday ruled that a California woman could not use U.S. bankruptcy code protection to avoid paying a $200,000 debt that resulted from fraud by her partner. The court said that the woman, Kate Bartenwerfer , owed the debt even if she did not know about her husband David’s misrepresentations regarding the condition of a house when they sold it to San Francisco real estate developer Kieran Buckley for more than $2 million.

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The Guide to Alaska 100K

Nerd Wallet

JT Genter writes for NerdWallet. Email: travel@nerdwallet.com. The article The Guide to Alaska 100K originally appeared on NerdWallet.

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You Put in a Full Work Week. Shouldn’t Your Collections Software Do the Same?

Discover a modern, cloud-based collection system that never takes a rest day. MeridianLink® Collect is an intuitive platform with advanced customization options developed to simplify the collections process. Here are four ways MeridianLink Collect can support your team: Omnichannel communications Compliance rules & checklists Workflows & queues One interface with supporting integrations And that’s just the start.

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Making the Most of the Chase Freedom Flex

Nerd Wallet

Craig Joseph writes for NerdWallet. Email: cjoseph@nerdwallet.com. The article Making the Most of the Chase Freedom Flex originally appeared on NerdWallet.

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