December, 2021

Fast 5 Tips

Collect More

If your customer is a business, establishing their correct entity is a must. ABN Lookup is good for this but if you’re still stuck, the Terms and Conditions or Privacy Policy section of their website is also a goldmine. It’s almost always at the bottom of their homepage. If they promise to pay, always confirm in writing and ALWAYS ask them to reply to indicate they agree. Remember to ask those magic words: “What is the absolute most you can pay today?” ” 4.

Debt collections in 2022-important factors to be aware of

American Profit

Improving your cash flow and understanding how debt collections fit into your business should be an important part of how you operate in 2022.

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Pros and Cons of Debt Consolidation Loans

Better Credit Blog

Having one debt to pay off is stressful enough as it is. But it’s a much bigger headache if you owe debts to multiple places, as your odds of forgetting a payment will increase, and the varying interest rates between the different debts can end up taking a bite out of your wallet.

Four ways it pays to invest in your community

Kasasa

Tackling the world's problems, especially when we hear news reports of overseas strife or natural disasters, feels daunting when trying to know how one person can make a difference.

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Cyber Security, Change Management and Enterprise Risk Management: Scaling Operations for Growth

Speaker: William Hord, Vice President of Risk Management and Compliance

Join us as we discuss the various tangents of data and the change management process that will help you make better risk-based business decisions to save time and money for your organization.

Closing Time: Lawyers Are Great at Closing Business, But Need to Get There Faster

NCBA Law Practice Management Blog

Most attorneys are phenomenal when it comes to closing business. If coffee is for closers , they’re awash in the stuff. And, most attorneys will tell you that: they know it, they acknowledge i t , they own it.

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HMRC asks for help ‘modernising’ its business debt collection

UK debt collections

The HMRC has surprising made a public statement asking for advice on modernising its Business Debt Collection methods. The statement issued a couple of days ago is asking for suggestions and advice on improving its current methods of tax debt collection from Businesses in the UK.

What Property Can I Keep After Filing for Bankruptcy?

Sawin & Shea

The bankruptcy process involves looking at your assets. In a Chapter 7, or liquidation bankruptcy, some of your property may not be protected, and you could lose it. Every state has different property exemption rules. Most Chapter 7 filings are what we call a “no asset” case.

Will your cancer remission lead to aggressive medical collections?

Roths Child Law

Many patients develop a sort of tunnel vision after a diagnosis with cancer. The only thing that matters is achieving remission or having a scan done that shows they are cancer-free. They may suffer through painful treatments and months of chemotherapy to achieve remission.

Save big on your New Year's Eve party with one signature cocktail

Kasasa

Everyone loves walking into a party with a fully stocked bar, knowing that someone has pulled out all the stops to make sure everyone has a good time. But when you’re hosting a New Year’s Eve party at your place, buying all those bottles, bitters, and mixers can be awfully pricey. Holiday Smarts

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How Preparation and Strategy Can Be Used to Fight and Defeat Any Ransomware Attack

Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP

Through a detailed analysis of major attacks and their consequences, Karl Camilleri, Cloud Services Product Manager at phoenixNAP, will discuss the state of ransomware and future predictions, as well as provide best practices for attack prevention and recovery.

Ticklish: How to Build a Content Calendar for Your Law Firm

NCBA Law Practice Management Blog

The hardest thing about sticking to a law firm marketing strategy is. well, sticking to it. It’s all about consistency; and, most law firms will fail in that regard – instead producing content in fits and starts, without ever getting into a groove.

What Can a Homeowners’ Association Do to Keep Holiday Decorations from Staying Up All Year?

Jimerson Firm

The holiday season is a time of celebration. Homeowners often take part in the celebration by decorating their homes with a variety of decorations and lights to suit the season. However, these holiday decorations are often left out long after the season ends.

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UK Business Credit Scores recovering well post pandemic

UK debt collections

The latest research from Business analysts Experian has shown that on average, UK Business are recovering well post pandemic. The average Business credit score level has returned to the pre pandemic average of 44 by September this year.

What Does the CFPB Have to Do With My Debt Collection Claim?

FFGN COLLECT NY

The Consumer Financial Protection Bureau (CFPB) has more to do with your debt collection claim than you might think. Professionally, your business may deal with consumers directly or indirectly.

Mandatory COVID Vaccination Policy Template

The federal government is developing a rule requiring employers with more than 100 employees ensure their workers are vaccinated or produce a negative COVID test weekly before entering the workplace. So, what can your organization do to prepare? Get Paycor’s COVID Vaccination Policy Template to help communicate important details to your employees.

Amplifying Return on Experience (ROX) in Debt Collections using ?nalytics

Qualco

While change is the only constant, one thing is certain. External events like the pandemic will continue to transform customer behavior in a permanent manner. Customers are becoming more sophisticated and the same goes with the solutions they expect from financial institutions.

17 joys in life that are totally free

Kasasa

Too often, saving money feels like work. It's all about giving things up and being more responsible. It doesn't have to be all dull planning and sacrifice. You can be frugal and manage to appreciate the good stuff in life at the same time. Community

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Pile Up: What Are You Going To Do With All Those Old Files?

NCBA Law Practice Management Blog

Law firms generally have lots of trouble moving into new software programs. And, there are, for sure, a lot of reasons for that. Moving on from the status quo is hard, on its own. Plus, mindset change is a difficult thing. And, let’s not even talk about getting buy-in from staff.

My Employee Stole My Trade Secrets! What Can I Do?

Jimerson Firm

If an employee resigns and starts working for a competing company, the former employer’s trade secrets may be at risk of being disclosed.

Trade 83

South Carolina Business License Reforms Go Into Effect January 1, 2022

Burr Forman

South Carolina businesses have historically been subject to business license taxes on their gross income that vary widely from jurisdiction to jurisdiction.

Judge Grants MTD on Remanded Case Over Lack of Standing

Account Recovery

A District Court judge in Ohio has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act case because claiming statutory damages is not enough of a concrete injury for the plaintiff to have standing to sue. A copy of the ruling in the case of Portnoy v.

Introduction to an ML-Powered Debt Management Approach

Qualco

The debt challenge across Europe keeps unfolding, especially after many of the moratoria that were in place in the previous months ended. According to our NPL Outlook Europe 2021 report, global debt could exceed $360 trillion by 2030. The problem.

Seven tips to save money on your holiday party

Kasasa

Spending time together with family and friends is one of the highlights of this season. Enjoy each other’s company and still keep costs under control with these seven tips to entertaining on a budget. Holiday Smarts

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Give 'Em the Slip: It's Time to Move Off of Old School Time Slips

NCBA Law Practice Management Blog

Even at this late date, there are a number of law firms that continue to rely on paper-based time slips to track time. If you’re one of those law firms, here’s why that’s bad: A paper slip can be easily lost or destroyed.

OSHA COVID-19 Vaccine Mandate Stay Lifted: What Private Employers Need to Do to Comply

Jimerson Firm

On November 5, 2021, the Occupational Safety and Health Administration (“OSHA”) published 29 C.F.R.

Consumer Financial Protection Bureau Opens Inquiry into “Buy Now, Pay Later” Credit

Consumer Finance

Today the Consumer Financial Protection Bureau (CFPB) issued a series of orders to five companies offering “buy now, pay later” (BNPL) credit. Press release

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Getting to Know Gwen Gullicksen of Sentry Credit

Account Recovery

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management.

Thriving in Third Party Collection: An Interview With Bethany Robertson

PDC Flow

Like many people in accounts receivable, Bethany Robertson found her career path by accident – working part time for an agency during college. Now, Vice President, co-owner, and founder of Debt Recovery Solutions of Ohio, Inc, she runs a thriving collection agency of her own.

Our expert tips to beat credit card debt

Kasasa

Credit card debt has become one of the great financial hurdles for Americans. It's such a problem that since 2016, March 21, the day after spring begins, has been known as Credit Card Reduction Day.

Trust Fall: Law Firms Should Farm Out More Functions

NCBA Law Practice Management Blog

The best and highest use of an attorney’s time is focused on one of two things: (1) billing at the highest possible rate; (2) closing new business that can be billed at the highest possible rate. I call that ‘practicing at the top of your law license’.