July, 2021

6 reasons why you MUST ask for a part payment.

Collect More

Everywhere I go, everyone I talk to, every business that I help I recite my mantra: “What is the absolute most you can pay today?” ” These 9 words are the reason we collect millions of dollars every year and teach others to do the same. Most people have the same limited mindset- full amount or zero. Everything or nothing. Almost nobody thinks about that enormous middle section- part payments. Something, not everything, instead of nothing.

Task(s) at Hand: Tools for Managing Your Practice Responsibilities

NCBA Law Practice Management Blog

Most attorneys feel overwhelmed by everything they need to do. Especially for solo and small firm lawyers, this can be crushing. It helps to take a step back, redefine your goals, reset your tasks, and focus on what you need to do now.

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Personal loan scams and traps to avoid

Kasasa

Most of us have been in a pinch where we needed some extra cash, fast. Maybe you can’t make your paycheck stretch far enough and need a little assistance to float you until next month.

Debts That Can’t Be Discharged During Bankruptcy

Sawin & Shea

It’s tempting to believe that filing for bankruptcy is like having a magical wizard wave his wand to make all of your problems disappear. Unfortunately, this isn’t exactly the case. You need to know exactly which debts can be discharged and which debts can’t as you begin the process.

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.

Biden Executive Order To Examine Non-Compete Agreements

Fraser

On July 9, 2021, President Biden issued an executive order aimed at “promoting competition in the American economy.”

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Properly Evaluating and Defending Class Action Complaints

Jimerson Firm

Class action complaints are not a novel concept.

Cadence: How Do You Meet Now?

NCBA Law Practice Management Blog

As COVID restrictions are lifting across the country, and business owners and their employees are deciding whether or how to come back together in an office setting, the question persists: How and when should people meet for work?

When — and why — to use a personal loan for back to school

Kasasa

Unexpected bills start stacking up around this time of year. Fresh bedsheets. Laptop case. So many books. And it turns out you need a mini-fridge in the dorm room after all (because, who doesn’t?). Personal Finance

Summer Vacation Savings: Traveling for Less

Sawin & Shea

Now that summer’s here, it’s time to jumpstart your summer vacation planning. An important component, of course, is budgeting. You deserve a break, but just make sure you don’t break the bank.

COVID Updates — The Latest News for Employers

Fraser

Despite hopes that the COVID-19 pandemic would be behind us by now, the emergence of the more transmissible Delta variant and consumer opposition to vaccination use are leading to resurgence of infections and infection rates.

Remote Work, SB248 Lawsuit, and More Discussed During Day 2 of ACA’s Convention

Account Recovery

LAS VEGAS — More sights and sounds from ACA International’s Annual Convention, including a poll about remote work, an update on the industry’s lawsuit attempting to fight back against a medical debt collection law in Nevada, a tip on collectors’ commissions, and tips to deal with consumer lawsuits during the pandemic.

Urgent Guidance for Community Associations Regarding Property Inspections and Preparation

Jimerson Firm

LEGAL ALERT // Urgent Guidance for Community Associations Regarding Property Inspections and Preparation. As the tragedy in Surfside continues to develop, like many around the country, we are struck by the senseless loss of lives.

Red Flag: Vetting Potential Clients Is Easier With a List

NCBA Law Practice Management Blog

Sailors use a series of flags to indicate danger ; Billy Joel occasionally names albums after such flags. Lawyers ignore red flags – at least when they relate to client engagement. As has been discussed in this space, attorneys tend to avoid the intake process.

Personal loan vs credit card: When to use what

Kasasa

It can happen to anyone: You got nailed with a well-placed social media ad and now you need that pricey multi-purpose pan (or memory foam pillow set, or underwear subscription service.).

Team USA: Why the United States is the Best Place to Start a Business

Enterprise Recovery

As if we needed another reason to cheer for Team USA, CEOWORLD Magazine's Entrepreneurship Index for 2021 ranks the United States as the world's most entrepreneurial country.

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Getting Your AR Back to “Normal”

Receivables Control

How quickly you get your AR back to “normal” depends on many factors. Sixteen months have passed since Covid-19 caused a global health crisis and economic upheaval. Prior to discussing AR, we must pause a moment and reflect on the friends and loved ones lost and the subsequent disruption.

Senate Republicans Still Seeking Answers About Report That Administration Tried to Replace Employees at CFPB

Account Recovery

Senate Republicans are continuing to try and get answers about whether the leadership of the Consumer Financial Protection Bureau potentially violated civil service protections by trying to get career employees at the Bureau to resign so that they could be replaced by “handpicked loyalists.”

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Charles Jimerson Interviewed by the Miami Herald for Condo Law Expertise for Surfside Condo Collapse Article

Jimerson Firm

On Friday, July 9, 2021, the Miami Herald covered the Surfside condo collapse in their latest news article, “ Condos’ reserve funds, delayed repairs under new scrutiny since Surfside tragedy.”

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Emotional Rescue: This Is Why Consumers Buy Legal Services

NCBA Law Practice Management Blog

Attorneys hate to think of themselves as ‘salespeople’ – but, if you’re a law firm owner/manager, you’re selling things the same way everyone else who owns a business is selling things. Though, you might not be selling what you think you are.

Chapter 13 Bankruptcy and Student Loans

Sawin & Shea

Student loan debt can be crippling. Trying to put money towards a house or a car, as well as paying all of your other bills on top of student loan debt, is often exhausting and can sometimes feel impossible. In America alone, the average student loan debt in 2021 comes to around $1.7 trillion.

Effective Communication Strategies for Collectors: 3 Tips to Impact the Bottom Line

PDC Flow

I opened my debt collection agency in 1998. From day one, the stressful phone calls started to take a toll on me. Sometimes I would lose sleep at night because I was stressed about potential lawsuits, consumer complaints, or losing clients. In 2005, all of that changed.

B2B Collections: How to Convert Aging Receivables to Cash

Enterprise Recovery

If you've been putting off the headache of collections, you've likely also been asking, "how can I improve my cash flow?" The two go hand-in-hand. When you're not following up on invoices that are getting older, your chances of collecting on them go down.

Daily Digest – July 30. Remote Work, SB248 and More Discussed at ACA; Judge Partially Denies MTD in FDCPA Case

Account Recovery

Webinar: Navigating the Post-Pandemic Era of Rapidly Escalating Construction Prices

Jimerson Firm

On Wednesday, August 25, 2021 from 12:00 PM-1:00 PM, three of our partners will present Navigating the Post-Pandemic Era of Rapidly Escalating Construction Prices: A Panel Discussion on Trends, Tips and Best Practices.

6 things they don’t tell you about debt collectors

American Profit

Do you know the truth about debt collectors? Do you feel you know what a collector does? Oftentimes we find that many people are unaware of certain facts about the collection industry and are even surprised when they learn more about the industry and the people that represent that industry.

What Will Happen To Your Employees When Your Company Goes Into Liquidation?

Hudson Weir

Liquidating a company can be tough – but it is something many business owners have had to face. Sometimes, it is the only viable solution when trading difficulties make it impossible to continue. For directors and managers, one of the primary concerns is their staff.

PDCflow Simplifies Cash Payments With Cash Tracking

PDC Flow

Ogden, Utah – PDCflow announces an even more complete, streamlined payment process with the release of cash tracking within the Flow User Interface (UI).

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How to Manage Delinquent Customers in Business

Enterprise Recovery

If your business sends invoices or bills on credit or at recurring intervals, you likely have customers who pay late or not at all. Delinquent customer accounts can affect everything from paying business expenses to destroying business relationships.

Debexpert Launches the World’s First Mobile App for Delinquent Debt Sellers

Account Recovery

Debexpert, an online platform for buying and selling NPLs (Non-Performing Loans), has launched the world’s first mobile app for debt portfolio sellers.

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