Fri.May 02, 2025

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Don’t Leave Money on the Table: How to Work with a Collection Agency for Improved Cash Flow

American Profit Recovery

Hiring a collection agency for your business can be an extremely smart move and a strategic advantage in improving your cash flow. If you have customers who are consistently late or who have not paid you at all, and those are piling up, it’s time to make that decision. However, effective debt collections happen when you have the proper documentation in front of you.

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Maryland Enacts Medical Debt Credit Reporting Law

Account Recovery

The governor of Maryland last week signed HB 1020, the Fair Medical Debt Reporting Act into law, which makes it the latest state to enact a medical debt credit reporting law. Why it matters:HB 1020, effective October 1, 2025, restricts how medical debt can be handled by credit reporting agencies, healthcare providers, and debt collectors in Maryland.

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Jimerson Birr Attorney Hunter Faulkner Plays Key Role in Major Jacksonville Home Sales

Jimerson Firm

Jimerson Birr is proud to recognize attorney Hunter Faulkner for his instrumental role in the successful closings of four of the Top 10 home sales in Northeast Florida for Q1 2025, totaling more than $17.1 million, as reported by the Jacksonville Daily Record. Faulkner assisted in the transactions ranked #3, #4, #7, and #10 on the list, showcasing his dedication to excellence and trusted counsel in high-value residential real estate deals.

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Collector Sued for Marking Refusal to Pay as Dispute

Account Recovery

EDITORS NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call (855) WEB-RECON or email admin@webrecon.net today!

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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Daily Digest – May 2. Collector Sued for Marking Refusal to Pay as Dispute; CFPB Agrees to Vacate Medical Debt Credit Reporting Rule

Account Recovery

Collector Sued for Marking Refusal to Pay as Dispute CFPB Agrees to Vacate Medical Debt Credit Reporting Rule FTC Moves to Shut Down Phantom Debt Collection Scheme Maryland Enacts Medical Debt Credit Reporting Law WORTH NOTING:Fewer parents are reading to their kids these days … How to figure out if you need a food processor, a blender, or both … People are putting their foot down over Real ID licenses … What to eat when you are sick … For a lot of people, financial issue

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FTC Moves to Shut Down Phantom Debt Collection Scheme

Account Recovery

In what might be the first enforcement action related to the debt collection industry under the Trump administration, the Federal Trade Commission yesterday announced a proposed permanent injunction against against Global Circulation and its owner, Kenneth Redon III, for engaging in a fraudulent debt collection scheme. The FTC’s investigation revealed that the company and Redon used deceptive tactics to force consumers into paying debts they did not owe.