Wed.May 05, 2021

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Trust Fund Payment Processing for Law Firms

Payment Savvy

Most people think that payment processing for law firms is a simple and straightforward process. Payments received must be deposited to a trust account. A trust account is a bank account used to receive payments received by clients or debtors. Trust Fund Payment Processing. All funds follow the same payment cycle.

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How are Medical Bills Treated in Chapter 13 Bankruptcy?

Sawin & Shea

Negotiating: A hospital or doctor’s office may be willing to allow you to make payments without interest. Working with the billing department: Ask for a lowered bill — hospitals will sometimes lower bill amounts when you ask for an itemized bill and show a willingness to pay what you can afford on a payment plan.

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Payoneer vs. PayPal: Which Is Right for Your Business?

Nerd Wallet

To facilitate those payments digitally, you need a payment processor — Payoneer and PayPal are just two of your many options. If you’re running a business, you need to get paid, and at some point, you’ll also need to pay other people too. Payoneer is a financial services company with one core purpose: to enable.

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Financing a Rental Property: 4 Things You Should Know

Credit Corp

Most lenders ask for a down payment somewhere between 20 to 30 percent of the mortgage. You get billed monthly and the minimum payment comprises only the interest. Collate a Substantial Down Payment. You become the owner of the property and make monthly ‘mortgage’ payments to the previous owner. Find the Right Loan.

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10 Ways to Improve Payment Collections with Salesforce

For finance teams using Salesforce’s powerful CRM technology, automation can transform accounts receivable processes, driving efficiency and delivering measurable results like cost savings, reduced customer churn, and lower DSO.

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Northern District of Ohio Dismisses FDCPA Claim Based on a Lack of Standing

Troutman Sanders

Specifically, the letter at issue stated that the defendant “charges a 3% transaction fee for payment via credit card and debit card.” ” Shepherd asserted that this statement “misled and deceived [him] into the belief that he falsely owed an additional 3% transaction fee when this charge is a violation of the FDCPA.”

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Eleventh Circuit Throws Debt Collectors Under the FDCPA Bus for Sharing Account Information with Letter Vendors

Troutman Sanders

Citing prior cases within the Eleventh Circuit that held the language of Section 1692e necessarily entails a “demand for payment” from a consumer, Preferred asserted Section 1692c(b) does not apply to the transmission of information to a mail vendor. Otherwise, Congress’s enumerated exceptions would be redundant.”

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When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

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. Are you finding some snags in your collections process? Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

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Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

May 18th, 2023 at 9:30 am PDT, 12:30 pm EDT, 5:30 pm BST