Account Recovery

DECEMBER 30, 2022

UNDERSTANDING HOW MANAGEMENT TRAINING IS DIFFERENT THAN REGULAR TRAINING Teaching someone to be a collector is a fairly straightforward process because you know at the end of the training, you want those individuals to be able to collect debts, compliantly, empathetically, and persuasively. Teaching someone to be a manager is an entirely different process because … The post Daily Digest – December 30.

Collections 246

Collections 246

Enterprise Recovery

DECEMBER 30, 2022

It's time that we review our blog posts from the past year to discover any trending topics for 2023. In previous years, we've used this annual review to learn insights on how we can do better for our readers. Let us know if there's a topic that we can do better for you in the upcoming year. Here are the Accounts Receivable and Business Collections Trends for 2023.

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Collections 229

Account Recovery

DECEMBER 30, 2022

Teaching someone to be a collector is a fairly straightforward process because you know at the end of the training, you want those individuals to be able to collect debts, compliantly, empathetically, and persuasively. Teaching someone to be a manager is an entirely different process because at the end of the training, you want someone … The post Understanding How Management Training is Different from Regular Training first appeared on AccountsRecovery.net.

Collections 246

Collections 246

Nexa Collect

DECEMBER 30, 2022

Simply writing-off the amount that is past due is a common approach among several businesses. We see this as leaving money on the table. The primary reason for not following up on receivables is that most businesses are short-staffed, and their staff have little or no time left after their primary job responsibilities are completed. Therefore, just after a few initial follow-ups, they let go of their debtors.

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Collection Agencies Collections Agency Debtor Collections 130

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.

Account Recovery

DECEMBER 30, 2022

A year ago, I asked a group of individuals from across the accounts receivable management industry for their predictions for 2022. I thought it would be interesting to go back and see what they predicted. To make it even more interesting, I reached back out to those people and asked them to comment on their … The post Industry Experts Review Their 2022 Predictions first appeared on AccountsRecovery.net.

Accounts Receivables Management 242

Accounts Receivables Management 242

Account Recovery

DECEMBER 30, 2022

When it comes to what scares or excites members of the accounts receivable management industry, court cases and laws were what drove the bus in 2022. Combing through nearly 1,300 articles that were posted in 2022, here are the 10 that were the most popular. 10. Non-Profit Sues Companies for Allegedly Engaging in Sewer Service … The post The Most Popular Stories on AccountsRecovery.net in 20222 first appeared on AccountsRecovery.net.

Accounts Receivables Management 245

Accounts Receivables Management 245

Troutman Sanders

DECEMBER 30, 2022

FIA Card Services, NA (FIA) obtained a default judgment in a collection action against Jerome Redman in West Virginia state court. FIA, through its counsel Javitch Block LLC (Javitch), then filed a wage garnishment action against Redman to collect the judgment. Once Redman became aware of the default judgment, he filed a motion to set aside the default, which the state court granted, as well as a third-party complaint against Javitch.

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Garnishment Judgment Fair Debt Collection Collections 52

Jimerson Firm

DECEMBER 30, 2022

Severance agreements are common contracts that are entered into between an employer and a departing employee in which the employee receives extra compensation while the employer receives piece of mind from a non-compete, release of potential claims, or other protections that may be negotiated. However, there are restrictions on severance agreements which businesses should be aware of, to avoid their severance agreements being rendered unenforceable.

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Education Banks 52

Taurus Collect

DECEMBER 30, 2022

Life can hit us hard anytime, leaving us sick for months and giving us several bills to look after. Or you may be unemployed for a long time and must deal with unexpected costs and bills. In such cases, we usually borrow money to keep life going. However, sometimes we can fail to pay back the amount and end up with hundreds of calls from creditors. Ultimately, they can also hire a debt collection agency to pursue the money you owe to them.

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Collections Collection Agencies Collections Agency Retrieval 52

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Collections

Nerd Wallet

DECEMBER 30, 2022

JT Genter writes for NerdWallet. Email: travel@nerdwallet.com. The article The 9 Best LAX Lounges originally appeared on NerdWallet.

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NACM

DECEMBER 30, 2022

?At the start of 2022, economic activity was bursting at the seams as businesses recovered from the depths of the pandemic. But roughly one year later, NACM's Credit Managers' Index is painting a very different picture of the U.S. economy … and credit professionals sense trouble ahead.Hear from Amy Crews Cutts in today's episode of Extra Credit #po.

Credit Management 5

Credit Management 5