Fri.May 10, 2024

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Daily Digest – May 10. Suit Accuses Collector of Leaving Voicemail That Wasn’t Limited Content Message; Judge Grants MTD in FDCPA Case Over Reported Debt Following Cease-and-Desist

Account Recovery

Suit Accuses Collector of Leaving Voicemail That Wasn’t Limited Content Message Judge Grants MTD in FDCPA Case Over Reported Debt Following Cease-and-Desist Profits Up 25% at Encore Capital NJ Appeals Court Affirms Ruling Over Motion to Vacate Default Judgment WORTH NOTING: Workers who left their jobs during the COVID-19 pandemic are starting to regret it […]

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How To Liquidate A Company With No Money: Your Options

Hudson Weir

Understanding how to liquidate a company with no money can be complex – and daunting – for any business owner. Running a business can be a rollercoaster and sometimes, in spite of your best efforts, you may find yourself facing the difficult decision of liquidating your company. This process becomes even more challenging if your business has no money.

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Judge Grants MTD in FDCPA Case Over Reported Debt Following Cease-and-Desist

Account Recovery

A District Court judge in the District of Columbia has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act case filed by a pro se plaintiff, ruling the plaintiff did not provide sufficient evidence in his complaint to state a claim.

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What Is Plaid and Is It Safe to Use? Everything You Need to Know

Payment Savvy

Plaid has rapidly become a common platform for seamlessly sharing your financial data with trusted apps and services. Whether you’re using a budgeting app, investing platform, or peer-to-peer payment solution, chances are you’ve encountered Plaid. This powerful technology bridges the gap between your bank accounts and various digital financial tools.

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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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Suit Accuses Collector of Leaving Voicemail That Wasn’t Limited Content Message

Account Recovery

EDITOR’S 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?

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Profits Up 25% at Encore Capital

Account Recovery

Profits were up 25% on a year-over-year basis at Encore Capital Group, as the company continued to take advantage of an increased supply of portfolios to purchase and favorable collection conditions, thanks to hiring an additional 500 account managers. Overall, the company’s net income in the first quarter was $23.2 million, up from $18.

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What Is Shop Pay?

Payment Savvy

In the fast-paced world of e-commerce, where every click counts and every second matters, providing customers with a seamless checkout experience is absolutely necessary. One crucial aspect of achieving this goal is through the implementation of efficient and user-friendly checkout solutions. Enter Shop Pay – a game-changing checkout software developed by Shopify, designed to streamline the purchasing process and elevate the online shopping experience to new heights.

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NJ Appeals Court Affirms Ruling Over Motion to Vacate Default Judgment

Account Recovery

The Appellate Division of the Superior Court of New Jersey has affirmed a lower court’s ruling that an individual who was sued for an unpaid debt and failed to respond waited too long to file a motion to vacate the default judgment against her.

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How to Increase Ecommerce Checkout Conversion Rates in 8 Simple Steps

Payment Savvy

Are visitors adding items to their cart without checking out? Perhaps it’s time you review and increase your checkout conversion rates. While this may seem like a huge challenge, optimizing your checkout conversion rates is crucial for sales. A high checkout conversion rate means more visitors are buying your products or services, resulting in more sales and revenue for your business.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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How to Increase Invoicing Process Optimization: 8 Best Practices To Consider

Payment Savvy

Is your invoice marred by avoidable delays, cash flow issues, and errors? If yes, it’s time to review and improve your invoicing process. Whether you are a business owner looking to improve cash flow or a freelancer tired of late payments, improving your invoicing process is the right step to take. It guarantees accuracy, faster payment, and cost savings, driving growth for your business or freelance career.