Account Recovery

AUGUST 28, 2020

The Director of the Consumer Financial Protection Bureau has denied a petition from a credit repair organization to set aside a civil investigative demand it received from the Bureau, disagreeing with the premise that the CFPB’s request is unlawful because it could not bring an enforcement action against the company. A copy of the denial, … The post CFPB Denies Petition From Credit Repair Org. to Set Aside CID appeared first on AccountsRecovery.net.

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American Profit Recovery

AUGUST 6, 2020

By Angela: As I sit back and reflect on the last few months and the changes that have taken place both within the office and personally, I can’t help but think WOW. EVERYONE, is going through it! The good news is that American Profit Recovery is here! This may sound corny but, the reality is just that. Sometimes I feel like I’m much more than a collector, I like to think I wear multiple hats.

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Debt collector Collections 246

Enterprise Recovery

AUGUST 14, 2020

Once your sales team has built enough trust to land a new client, the onboarding process will lay the groundwork for the ongoing client relationship. This is the time that the client is open to you and, at the same time, cautious of your next steps. It's important that you hit the ground running (or even before signing the agreement!) so the client feels an immediate sense of relief.

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Nerd Wallet

AUGUST 13, 2020

You’ve likely heard of “voting with your dollars,” or using your money to make purchases at businesses you believe in. But choosing your local bookstore over Amazon isn’t the only way you can make an impact. There are strategies, such as ESG investing, to put your investment dollars to work in a similar way. What. Alana Benson is a writer at NerdWallet.

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Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

Nexa Collect

AUGUST 30, 2020

In a data-driven business world, knowing how to use data analysis tools optimally and what the advantages of data models are will allow you to assess the efficiency of your Accounts Receivable department. Predictive analysis can help monitor and manage outstanding receivables, and post-collection data will identify the most effective payment recovery methods.

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Collections Agency Collection Agencies Collections Debt collector 130

Account Recovery

AUGUST 28, 2020

A District Court judge in South Carolina has lifted the seal on two complaints filed by the Federal Trade Commission against debt collection operations that are accused of violating the Fair Debt Collection Practices Act by allegedly convincing unsuspecting individuals that lawsuits have been, or will soon be, filed against them if they do not … The post FTC Files Suits Against Alleged Collection Scammers appeared first on AccountsRecovery.net.

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American Profit Recovery

AUGUST 8, 2020

By Courtney: Working from home has been a huge adjustment, not only for the entire company but especially the customer service department. Back when we were in the office we were known as “the favorite row”. When you walked down the customer service isle you could feel the great energy, always joking around & laughing. Since this transition we have had to find new ways to keep that relationship & Zoom has been a huge tool.

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Enterprise Recovery

AUGUST 21, 2020

Just like when any relationship turns sour, you're left dealing with the things you couldn't agree on. Unfortunately, when your good business clients refuse to pay or communicate, it may be time to bring in a mediator to ensure your assets are protected and your agreement holds up. Whether you've decided to escalate their continued late payments, write off their account as bad debt or pursue litigation, you don't have to do it alone.

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Collections Agency Collection Agencies Collections 160

Nerd Wallet

AUGUST 21, 2020

Attending college from a laptop in your childhood bedroom might not be the experience you had in mind. But just because you’re not living in a dorm this fall doesn’t mean that expenses disappear. Your cost of attendance might have changed if you’re learning remotely due to COVID-19, but colleges will factor at-home or off-campus. Anna Helhoski is a writer at NerdWallet.

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Student loans Student Loans Loans 141

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

Nexa Collect

AUGUST 29, 2020

Dental offices, particularly those that handle high-dollar orthodontics, often face difficulties with their accounts receivable (AR) management. AR is the portion of bills to patients and insurance companies that are outstanding. However, these challenges can be met with strong, enforceable policies and consistent collection procedures. A good rule of thumb for dental offices is to keep AR from exceeding the practice’s average monthly income.

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Healthcare Collections Collections Agency Collection Agencies 130

Debt

AUGUST 12, 2020

There are signs that another round coronavirus relief – and the $1,200 second stimulus check that’s the featured centerpiece in it – may not happen after all. Democratic leaders Nancy Pelosi (D-Calif.) and Chuck Schumer (D-N.Y.) have not spoken with Treasury Secretary Steven Mnuchin or White House Chief of Staff Mark Meadows in five days […]. The post Update on the Second Round of Stimulus Checks appeared first on Debt.org.

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Account Recovery

AUGUST 27, 2020

Even as many states are moving to ease collection restrictions that were put into place at the start of the coronavirus pandemic, the Virginia legislature is moving forward with a bill that would protect the economic stimulus payments received by individuals from being garnished by debt collectors. A number of states — including California, Vermont, … The post Garnishment Protection Bill Advances in Va.

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Garnishment Debt collector Collections 246

American Profit Recovery

AUGUST 25, 2020

We’re not fond of overused terms here but one we do feel is relevant during the year 2020, is that “now, more than ever,” it is mission critical to be getting paid for the work your business does and the services you provide. Regardless of the size of your organization, cash flow is something that has probably taken a hard hit during the COVID-19 pandemic and the economic fallout that came with it.

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Collections Agency Collection Agencies Debt collector Collections 230

Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.

Enterprise Recovery

AUGUST 28, 2020

There's no question that businesses and cash flow have been affected by the recession and pandemic. Some companies have taken advantage of this time to pivot, rebrand or change focus to save their businesses and keep their customers happy. In the middle of all of that, you might be facing the stress of lacking resources necessary to keep going. You might also be surprised to learn that you actually already have the company funds you need.

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Collections 130

Nerd Wallet

AUGUST 20, 2020

Advancements in medicine and technology are helping us live longer than ever before. But the prospect of living in retirement for up to 40 years — often the same time frame an individual spends working — makes saving and planning all the more important. Yet saving is only one piece of the retirement puzzle. Choosing. Tiffany Lam-Balfour is a writer at NerdWallet.

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Nexa Collect

AUGUST 26, 2020

Access to business credit can help smooth out cash flow, enable large equipment purchases, and give companies the capital they need when they need it. But in the same way that personal loans hinge on an individual’s credit score, business loans depend on a company’s business credit score. The higher an organization’s rating, the better. Below you’ll find ten reasons why having a good business credit score is so beneficial.

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Personal loans Lender Loans 130

Debt

AUGUST 5, 2020

Congress and the White House are still debating whether the HEALS Act, HEROES Act – or some compromise Act in between – will deliver the next round of coronavirus relief to a wobbly American economy, but at least they’ve set a deadline. Well, sort of a deadline. Treasury Secretary Steven Mnuchin and White House Chief […]. The post Details on the HEALS Act appeared first on Debt.org.

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Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!

Account Recovery

AUGUST 31, 2020

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

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American Profit Recovery

AUGUST 14, 2020

When you make taking care of your employees your main mission as an organization, you never think that a pandemic could show you just why this is so critical to a business. While we miss the family atmosphere that once was our corporate office, the team-like way in which everyone rowed the same way, and the personal manner we help each other grow in a face to face environment, we have seen some of the most amazing teamwork during COVID-19 that we have ever seen.

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Collections 168

Enterprise Recovery

AUGUST 7, 2020

No matter the type or size of your business, accounts receivable and collections is a valuable part of your operations and cash flow. B2B (business-to-business) accounts receivable and collections, however, is very different than B2C (business-to-consumer) for a number of reasons. In this post, we will uncover the differences between these two types of businesses and how their receivables and collections processes are different.

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Collections Collection Agencies Collections Agency 130

Nerd Wallet

AUGUST 12, 2020

Maybe you’re looking to supplement your full-time income with a side business. Or perhaps you’re finished with the 9-to-5 and ready to be your own boss. In either case, coming up with a killer small-business idea is the first step on the path to entrepreneurship. Focus on your strengths, skills and experience. You can perform. Steve Nicastro is a writer at NerdWallet.

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Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

Collections

Nexa Collect

AUGUST 21, 2020

In many ways, it doesn’t matter how knowledgable a doctor is, or how much they care for their patients if the patients aren’t actively engaged in their care. That’s because unless they’re willing to follow their doctor’s advice and do what it takes to stay healthy, the quality of service means nothing. That’s why, in a patient-centered care model, patient engagement is critical.

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Healthcare 130

Brown and Joseph

AUGUST 18, 2020

Not all insurance policies are boring! Since the insurance industry can be a little dry, here are 13 interesting insurance facts you probably didn’t know.… The post 13 Interesting Insurance Facts appeared first on Brown & Joseph, LLC.

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Account Recovery

AUGUST 19, 2020

A District Court judge in New York has sided with the Consumer Financial Protection Bureau and agreed to enforce a Civil Investigative Demand that was sent to a collection law firm, a decision that the law firm’s lawyer has said will be appealed. The CFPB’s case against the Law Office of Crystal Moroney began more … The post Judge Sides With CFPB in CID Case Against Collection Law Firm appeared first on AccountsRecovery.net.

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Law Firms Collections Lawyers 246

Credit Corp

AUGUST 16, 2020

According to the U.S. Census Bureau, the median sales price of new homes in May 2020 was around $317,000. Even if you’re purchasing a home that falls well below that average, chances are it’s one of the most expensive things you’ll ever buy. With such a big expense, you might be wondering—how much do you need to save for a house? The good news?

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Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

Banks