February, 2020

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10 Signs You Have a Toxic Relationship With Credit

Dear Debt

This is a guest post from Tristan Ferguson. He lives in the Northeast and writes for finance publications. He also teaches online finance courses. This post contains affiliate links. It’s… Related Posts: Blog. Dear Debt, I Am Enough. Dear Debt, So Long, Old Friend. Dear Debt, It Is Time for Us to Part. Financial Literacy Matters, Especially for Women.

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Debt Collection Tactics: What Is Skip Tracing?

Brown and Joseph

When a customer fails to pay for goods or services, typically the first thing you do is attempt to contact them about the missed payment.… The post Debt Collection Tactics: What Is Skip Tracing? appeared first on Brown & Joseph, LLC.

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An incredible journey – by Philip King FCICM

CICM

20 February 2020. After 14 years leading the CICM, my tenure is coming to an end, and it’s a bitter-sweet moment. I’ve worked in credit management since 1978, and my involvement with the CICM started way back in 1980 when I was encouraged to study as a way to progress my career. Having graduated in 1982, I have been involved in CICM activities in more ways over the years than I can now recall.

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How Collection Agency Values Promote Compliance

Optio Solutions

With collection agency values reaching their highest levels in decades, this may very well be “the golden age of debt collections.” Drilling down through the layers of agency functionality provides some insight into how those values promote compliance. While most of the values support an organizational framework that indirectly influences compliance, the value of respect… The post How Collection Agency Values Promote Compliance appeared first on Optio.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

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.

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Hiring, Developing & Supporting Motivated Debt Collectors

Arbeit Software

It starts with a simple question, “what is your purpose?”.

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Employers need to be careful with job candidates' personal info

Micro Bilt

Employers typically conduct background checks on job candidates because they want the people they choose to be honest and trustworthy. Knowing who they’re hiring protects employees and customers, improves the quality of hires, protects their brand’s reputation, and reduces the risks of theft and other criminal activities.

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Relaunch: How to Market Your Old Law Firm Like You Just Opened It

NCBA Law Practice Management Blog

It’s a well-known fact that attorneys don’t spend enough effort staying in touch with clients and referral sources. Updates are substantive and never personal. Of course, that’s a problem -- because much of modern marketing is executing on an omnichannel plan, and staying relevant by staying in touch. So, if your law firm is really bad about keeping in touch with clients and referrals sources, why not pretend like you just started your law firm?

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Senior moments

CSA

Claire Aynsley is Head of Regulatory Compliance & Standards at the CSA. It may have seemed as though it was a long time coming, but it?s finally here, and the first deadline has already passed. I?m talking, of course, about the new Senior Managers and Certification Regime (SMCR) which formally started on 9 December 2019. And if you?ve not already completed your initial actions, then you need to get your skates on or risk falling foul of the Regulator.

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Still Getting Collection Calls After Bankruptcy? Here’s What to Do

Luftman, Heck & Associates.

After filing for bankruptcy protection, creditors should immediately cease their collection efforts. Unfortunately, this frequently fails to happen, and you may continue to be harassed. If you are frustrated by creditors calling despite an active bankruptcy or even after a debt has been discharged, you should reach out to a Cleveland bankruptcy lawyer at Luftman, Heck & Associates.

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

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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Can You Still Collect on That Old Debt?

The Kaplan Group

You’ve probably heard that there’s a statute of limitations on debt. Whether you owe money or are owed money, you’re probably eager to know if your debt can still be collected on. In both cases the answer is … it depends. What Does a Statute of Limitations Mean. If you watch a lot of police shows you might be familiar with the concept of a statute of limitations when it comes to cold cases.

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Justice of the Peace Walker County Precint 2

Busby Lee

Justice of the Peace Walker County Precint 2 Justice of the Peace Walker County Precinct 2 is presided over by the Honorable Judge Mike Countz. The court is located at 102 Tam Road, Suite A Huntsville, TX 77320.

Lawyers 58
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5 Questions to Ask Yourself About Americans with Disabilities Act or ADA Compliance

The McHughes Law Firm

The ruling by the 9 th Circuit Court in the Dominos vs Robles case and the subsequent refusal to hear an appeal by the U.S. Supreme Court has created new compliance requirements for all businesses operating a website. Websites and applications are now expected to provide accessibility to everyone including the differently-abled individuals as per the Americans with Disabilities Act.

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To Serve Man: The Time to Adopt the Cloud Is Long Past

NCBA Law Practice Management Blog

Remember that old Twilight Zone episode ?? ( It’s a cookbook! ) Well, this time, it’s not hungry aliens that are coming for us: it’s your server, and what it really wants is your wallet. If you haven’t fully adopted cloud software, you’re likely storing your documents and email on a server.? But, there are a lot of associated costs for maintaining physical servers, like: the space they require, their need to be cooled, the electricity they suck up, the requirement to manage your own data backup

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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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Financial Data Security Compliance, Regulations & Standards in 2020

Arbeit Software

Data Security is especially important for organizations in the financial services sector. With high importance comes strict regulations and standards that are needed to ensure that sensitive data stays secure.

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People Development ? a key contributor to an organisation?s performance

CSA

Fiona Macaskill is Head of Learning & Development at the Credit Services Association. Our first ever People Development Conference was a great success - a chance to celebrate those businesses in the debt collection, financial services and across other sectors who recognise the value in upskilling and empowering its people. The event also included our first ever Graduation Ceremony, which gave us the perfect opportunity to celebrate the dedication and commitment of our apprentices and share i

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13 Years of Success at Optio Solutions

Optio Solutions

Petaluma, Calif. (Feb. 13, 2020) — National debt collection agency Optio Solutions celebrated its 13th anniversary Feb. 7 while experiencing steady growth over the last several years. The new business results from developing partnerships with national clients in retail, education, financial services and other industries. The agency is licensed and bonded to collect in all… The post 13 Years of Success at Optio Solutions appeared first on Optio.

Retail 52
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A Testimonial from Ted Wong of Lun Fat Produce, Inc.

Collections Law

When Ted Wong of Lun Fat Produce, Inc. needed assistance with his business-to-business debt collection , he turned to the Law Offices of Alan M. Cohen LLC. With the help of Attorney Cohen, the food supplier was able to receive its outstanding balance in full with the help of our aggressive, effective, and ethical debt collection methods. Lun Fat Produce, Inc. is one of many satisfied clients that the Law Offices of Alan M Cohen LLC has helped with collecting from their delinquent debtors.

Lawyers 52
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Connect, Care, Convert: Secrets to Establishing Trust with Niche Markets and Turning Them Into Clients

Speaker: Lynnette Khalfani-Cox, The Money Coach®

Niche markets represent a huge opportunity for the financial services industry in America. From college students and women to communities of color and low-to-moderate-income households, niche populations have specialized financial needs – but they often underutilize many valuable financial products and services. How can you better connect with these consumers?

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My New Podcast the Mental Health and Wealth Show Is Here

Dear Debt

I’d like to officially announce that Dear Debt has a sister! MentalHealthandWealth.com has launched and the podcast The Mental Health and Wealth Show has just dropped. Eeek! Dear Debt started… Related Posts: Debt, Depression, and Suicide: There's Help Out There. Blog. My Interview on Debt + Mental Health. Suicide Prevention. Dealing with Suicidal Thoughts -- You're Not Alone.

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Future Proof: What’s Your BHAG?

NCBA Law Practice Management Blog

Goal setting for attorneys is often circular. Most times, their goal is to set goals ??. But, because la wyer s don’t utilize goal setting, they underachieve. They’ve got nothing to strive for, nothing to compete over, nothing to drive them to the next chapter of their business. This is probably the chief reason why the status quo dominate s law firm management, and why most law firms exist in suspended animation.

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Proposed New York Debt Collection Regulations Explained by an Expert

Arbeit Software

Compliance expert Jud Phillips explains what the proposed regulations on debt collection in New York State mean for the industry and how individuals can make an impact. It's not too late to change the final outcome!

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Cut These 6 Things from Your Budget

Debt Guru

Do you feel like you have a hole in your pocket? Do you find that money just slips away from you, unnoticed? Do you have a difficult time reconciling where all your take-home pay ends up? If you answered “yes” to any of those questions, it might be a good time to take a step back and really analyze your expenditures. And we’re not talking budgeting, just figuring out where your hard-earned wages are actually going.

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Successful Change Management with Enterprise Risk Management

Speaker: William Hord, Vice President of ERM Services

A well-defined change management process is critical to minimizing the impact that change has on your organization. Leveraging the data that your ERM program already contains is an effective way to help create and manage the overall change management process within your organization. Your ERM program generally assesses and maintains detailed information related to strategy, operations, and the remediation plans needed to mitigate the impact on the organization.

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Collection and Recovery Solutions Occurs May 2020

Optio Solutions

The annual Collection and Recovery Solutions (CRS) conference, attended by senior-level creditors, will take place May 6 – 8, 2020 at the Four Seasons in Las Vegas. Attendees will range from those involved in collection, compliance, recovery operations, risk, and strategy from 188 companies and organizations. CRS is produced by Resource Management Services, a consultant… The post Collection and Recovery Solutions Occurs May 2020 appeared first on Optio.

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Justice of the Peace San Jacinto Precinct 4

Busby Lee

Justice of the Peace San Jacinto Precinct 4 Justice of the Peace San Jacinto County Precinct 4 is presided over by the Honorable Judge Greg Magee. The court is located at 225 Boat Launch Road Point Blank, Texas 77364.

Lawyers 53
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Risk Management Protects Business Valuation

Micro Bilt

Managing risks is essential for modern businesses. There are simply too many factors, both internal and external that can threaten your success.

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Web Client: Move Beyond Referral Marketing

NCBA Law Practice Management Blog

All lawyers have marketed their law firms in the same fashion since time in memoriam. The idea was always to build a personal referral base via business networking, and that the rest would take care of itself. Even as the world around law firms has changed over time, that one constant has not changed. But now , if a new report is to be believed, other modes of client acquisition may be outstripping this tried and true option.

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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

Did you know that 2021 was a record-breaking year for ransomware? The days of a “once in a while” attack against businesses and organizations are over. Cyberthreats have become a serious issue. With 495.1 million attacks, the threat marked a 148% increase compared to 2020 and was the most expensive year on record! As a result, data protection needs to be a concern for most banks, businesses, and information technology specialists.