American Profit Recovery
JUNE 2, 2023
By Michael: To be successful at American Profit Recovery, you must have integrity, a positive attitude, and a strong work ethic. These three qualities will take you as far as you want to go in this company because they’re the most important in the collection industry. Consumers do not want to give their money to people they don’t trust, aren’t positive, and don’t work for it.
Account Recovery
JUNE 2, 2023
The governor of Nevada this week vetoed a bill that would have required collectors to provide payoff letters and satisfaction letters to individuals who request them while also creating a private right of action against collectors that failed to provide those letters, and revising the way collectors were required to notify individuals with unpaid medical …
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Troutman Sanders
JUNE 2, 2023
As any Wall Street litigator knows, in the securities industry, it is typical for brokerage firms to incentivize their employed financial advisers with significant upfront compensation at the beginning of a relationship or even at the beginning of each new financial year. These up-front payments are often structured as “forgivable loans” and memorialized in promissory notes.
Account Recovery
JUNE 2, 2023
COLLECTOR FACING CLASS-ACTION FOR MAKING ‘FALSE’ DISCLOSURE ON BACK OF MVN The back of the Model Validation Notice is a blank canvas that collectors can use to provide some of the many additional disclosures that are required under different state laws.
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.
Fico Collections
JUNE 2, 2023
Home Blog Feed test Icing on the Cake: How the FICO Score and alternative data work best together Significant attention has been paid recently to the potential for use of alternative data to enhance the predictiveness and inclusiveness in credit scoring. Tue, 04/25/2023 - 18:03 JenniferPiccinino@fico.com by Can Arkali expand_less Back to top Fri, 06/02/2023 - 19:15 Significant attention has been paid recently to the potential for use of alternative data (i.e., consumer data not present in the tr
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
NCBA Law Practice Management Blog
JUNE 2, 2023
If you’ve been following the legaltech news, even tangentially, you’ll likely have heard of the term ‘law practice management software’ – which is effectively a relational database for case management -- that can also include almost of the related data for your cases, in its cloud iteration, via integrations. And, if you’ve heard of case management software, you’ve probably also heard of ‘client portals ’, which is a way for law firms to share information hosted or available through the case man
Account Recovery
JUNE 2, 2023
A District Court judge in Pennsylvania has denied a defendant’s motion to set aside a default judgment against it in a Fair Debt Collection Practices Act and Fair Credit Reporting Act case, ruling that it has not submitted enough evidence to prove that service of the lawsuit was ineffective, and because default judgments have been …
NCBA Law Practice Management Blog
JUNE 2, 2023
Even at this late stage, with all of the technology available to lawyers and law firms, one of the major complaints of clients is that law firms don’t communicate with them, or keep them abreast of what’s happening with their cases. So, if you’re hearing that your clients aren’t hearing from you, here are some strategies to employ, to better develop those relationships , and to keep your clients happy: Communication Tasks Related to Workflows.
Account Recovery
JUNE 2, 2023
A healthcare provider that operates more than 100 hospitals and clinics in Minnesota and Wisconsin finds itself in the spotlight today for its policy of withholding care from patients who have unpaid medical debts.
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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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