Sat.Jul 03, 2021 - Fri.Jul 09, 2021

article thumbnail

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. Legal consumers are not like you : They don’t know as many Latin phrases as you do. They don’t care about arcane statutes.

article thumbnail

Medical Debt Collection Harms Patient Finances

Collection Industry News

Source: site. When Mark Marcott went to SSM Health St. Mary’s Hospital in Madison for serious side effects of a medication in November 2019, he said he was told the services would be covered even though he didn’t have health insurance after recently losing a job. Watch now: Dane County officials announce end of COVID-19 restrictions. ? ?. Mark Marcott.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Which Electronic Payment Solution Pays You Fast?

Payment Savvy

Many people think of credit cards when discussing an electronic payment solution. However, there are other reliable options available. All offer varying benefits. Thanks to advancements in technology, businesses now offer their clients fast and convenient payment services. Standard payment options favored by companies include paper checks, ACH payments, and credit and debit card acceptance.

Banks 52
article thumbnail

PHEAA Announces Exit From Servicing Federal Student Loans

Account Recovery

The Pennsylvania Higher Education Assistance Agency, one of the largest student loan servicers in the country, announced yesterday that it will stop servicing federal student loans by the end of this year, citing the increasing complexity and cost of handling loans on behalf of the Department of Education. The announcement affects about 9 million individuals … The post PHEAA Announces Exit From Servicing Federal Student Loans appeared first on AccountsRecovery.net.

article thumbnail

Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

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.

article thumbnail

6 things they don’t tell you about debt collectors

American Profit Recovery

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. But don’t worry, we are here to tell you some of the things you may not be aware of when it comes to the collection industry.

More Trending

article thumbnail

Take an Electric Car Road Trip and Leave Anxiety Behind

Nerd Wallet

While the first electric vehicles were great for commuting, their limited range — about 100 miles on a charge — kept them close to home. Now a bumper crop of new electric cars, with bigger batteries and fast charging connectors, is headed for the market, allowing EV drivers to expand their horizons. “Once you see. Philip Reed writes for NerdWallet. Email: articles@nerdwallet.com.

Loans 133
article thumbnail

Colo. AG to Hold Meeting to Discuss Rules Related to New Student Loan Servicing and Collection Law

Account Recovery

The Attorney General’s office of Colorado will be holding a virtual meeting next week to discuss components of a new student loan servicing and collection law and draft rules that it has issued which are open to feedback from interested stakeholders. The meeting will take place on Wednesday, July 14 at 10am MT via Zoom. … The post Colo. AG to Hold Meeting to Discuss Rules Related to New Student Loan Servicing and Collection Law appeared first on AccountsRecovery.net.

article thumbnail

3 effective ways to deal with your late paying customers

American Profit Recovery

While there may be many unknowns when running a small or large business, one thing we know for sure is that late-paying customers and clients are part of operating any size business. If you have clients, there will be a percentage of them that will either pay late or in some cases not pay at all. Before we get into some of our tips for dealing with customers that do not pay, we would love to offer you some sound advice as you navigate this part of your business.

article thumbnail

Beyond Coding: Using AI to Improve the Healthcare Revenue Cycle

True Accord

Generally, when talking about artificial intelligence (AI) in regards to medical collections, we hear about how it has automated the once-painstaking process of medical coding for billing. But why stop there? With all of its capabilities, AI has much more impressive and patient-facing applications when used to improve customer experience, especially in the healthcare industry which is increasingly digital-first and self-serve.

article thumbnail

The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

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.

article thumbnail

Succession Planning: Why Having an Exit Strategy Matters for Your Business

Nerd Wallet

Many people make detailed plans to take care of loved ones and handle their personal affairs in the future, using legal tools such as wills and trusts. For business owners, there are additional considerations to make when figuring out how to exit their business once they retire, become unable to manage the day-to-day operations or. Tiffany Lam-Balfour writes for NerdWallet.

127
127
article thumbnail

Judge Denies Defendant’s Stay Request in a Hunstein Case

Account Recovery

A District Court judge in Florida has denied a defendant’s motion to stay a Hunstein case, ruling that the pending en banc petition in Hunstein before the Eleventh Circuit Court of Appeals “does not affect the precedential value” of the ruling, “which is the law of this circuit.” A copy of the ruling in the … The post Judge Denies Defendant’s Stay Request in a Hunstein Case appeared first on AccountsRecovery.net.

article thumbnail

Can I Open a Credit Card for My Kid?

Credit Corp

When your children are young, it can be impossible to imagine entrusting them with a credit card. Yet eventually, they’ll reach the age where they will need to make their own purchases without you. It could be a movie ticket, lunch with friends, or a few items on your grocery list, but the time will come when you will want your child to have his or her own credit card.

article thumbnail

Bankcard and Auto Industry Versions of FICO® Score 10 Now Available

Fico Collections

Following the release of the FICO® Score 10 Suite for lenders in 2020, FICO has announced the general availability of industry-specific versions of FICO® Score 10 for U.S. auto lenders and credit card issuers. The industry-tailored scores in the FICO® Score 10 suite are now available from all three major U.S. credit bureaus. Developed using recent data, FICO® Bankcard Score 10 and FICO® Auto Score 10 reflects FICO’s practice of continual innovation to address market and data evolutions.

Lender 98
article thumbnail

Agent Tooling: Connecting AI to Your Tools, Systems & Data

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.

article thumbnail

There’s Just One Trick to Traveling Cheaply: Flexibility

Nerd Wallet

So you want to travel on a budget. Who doesn’t? Yet it’s easy to get overwhelmed by all the cheap travel tips, hacks and strategies out there that promise unbelievable deals on airfare and hotels. In reality, there’s only one important tactic for traveling cheaply: being flexible with your travel dates, destination and plans. It. Sam Kemmis writes for NerdWallet.

123
123
article thumbnail

Judge Denies Certification in FDCPA Suit Over Credit Reporting Language in Letter

Account Recovery

A District Court judge in New Jersey has denied a plaintiff’s motion to certify a class in a Fair Debt Collection Practices Act lawsuit, ruling that the different letter templates used by the defendant and the different language included in those templates requires individualized inquiries into whether the letters received by the members of the … The post Judge Denies Certification in FDCPA Suit Over Credit Reporting Language in Letter appeared first on AccountsRecovery.net.

article thumbnail

Florida Senate Bill 630: Changes to Florida Condominium and Homeowners’ Association Laws

Jimerson Firm

On June 14, 2021, the Florida Legislature sent Senate Bill 630 to Governor DeSantis to be signed into law. Senate Bill 630 went into effect on July 1, 2021. Senate Bill 630 contains many changes to Chapters 718 and 720, Florida Statutes, which govern condominium and homeowners’ associations, respectively. Most of the changes in Senate Bill 630 are minor, clarifying the language of the existing statutes rather than substantively changing the law.

article thumbnail

Should You Keep Investing at All-Time Highs?

Credit Corp

This article was originally published on The Best Interest Blog and has been republished here with permission. A note from a dedicated reader inspired today’s article. It’s a question about the stock market and investing at all-time highs. It reads: Hey Jesse. So, back in March you said that you were going to keep on investing despite the major crash.

Trade 98
article thumbnail

Future-Proof Your Firm: Smarter Tech for Stronger Returns & Simpler Workflows

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!

article thumbnail

Hilton Scraps Free Breakfast, but Serves Up a Better Alternative

Nerd Wallet

Starting this month, the free breakfast benefit bestowed upon Hilton Honors members with Gold or Diamond elite status is going away (for now) at certain brands. But, depending on your travel style, the replacement benefit might actually be even better. From July 2021 through the end of the year, Gold and Diamond members will receive. Sally French writes for NerdWallet.

113
113
article thumbnail

Getting to Know Dale Golden of Golden Scaz Gagain and The Compliance Law Firm

Account Recovery

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know Dale Golden of G

Law Firms 246
article thumbnail

Managing Partner Charles Jimerson Discusses Gaps in Florida’s Condo Laws With NBC 6 Following Surfside Condo Collapse

Jimerson Firm

Managing partner Charles Jimerson recently spoke to NBC 6 South Florida about the gap in Florida’s condominium laws. Only two counties in the state require a 40-year recertification process even though Florida has the most condominiums of any U.S. state. As investigations continue into the Champlain Towers South building collapse in Surfside, Florida, the safety of these self-governing communities is now being examined.

article thumbnail

TrueAccord Offers Buy Now, Pay Later Clients the Opportunity to Improve Repayment Success

True Accord

If you aren’t familiar with Buy Now, Pay Later (BNPL) yet, it’s a safe bet that you will be soon. The service, which allows consumers to split a purchase into several payments over a set period of time, has been popular in other countries and has been gaining traction in the U.S. To quantify the growth in BNPL use, a February 2021 survey conducted by The Strawhecker Group (TSG) of more than 1,500 U.S. consumers found that nearly two in five (39%) had used a BNPL service and predicted that BNPL v

article thumbnail

Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

article thumbnail

What Gen Z Can Learn From Millennials’ Money Mistakes

Nerd Wallet

The jokes about millennials being perpetual children are aging about as quickly as millennials themselves. With the eldest of our generation pushing 40, lately we’re less about rosé all day and more about term life insurance. The geriatric among us were already working (or trying to) when the Great Recession hit. And now, some of. Sara Rathner writes for NerdWallet.

110
110
article thumbnail

Petition Filed With FCC to Clarify Whether Certain Ringless Voicemails Count as Calls Under TCPA

Account Recovery

A petition has been filed with the Federal Communications Commission seeking to clarify whether a ringless voicemail constitutes a call under the Telephone Consumer Protection Act’s prohibitions against using an automated telephone dialing system to contact an individual on his or her cell phone without first having consent to do so. The petition was filed … The post Petition Filed With FCC to Clarify Whether Certain Ringless Voicemails Count as Calls Under TCPA appeared first on Acc

246
246
article thumbnail

Who is PDCflow? Meet Kristen Makanoa

PDC Flow

Listening to customers is an essential part of software development. At PDCflow, we’re lucky to have a listening expert on our team in Product Manager Kristen Makanoa. She became part of the team in 2020 – but starting a new position during such a disruptive time didn’t slow her down. Kristen got right to work, listening to customer feedback and facilitating internal communication.

98
article thumbnail

How do you manage debtors effectively?

Debtor Daddy

Most businesses are not managing their debtors effectively and efficiently. Many don’t even realise it because they’re doing what they’ve always done. It’s not great, but it gets the job done most of the time, well at least until something changes, like a person leaving, COVID or a period of rapid growth. The good news is that we’ve learned how to make debtor management easy, time-efficient and highly effective for any business.

Debtor 93
article thumbnail

Operational Strength Starts with People: The New Rules of Finance Leadership

Speaker: Melissa Hurrington

What’s holding finance teams back isn’t just process inefficiency. It’s culture gaps, reactive mindsets, and missed opportunities to lead real change. In an era of disruption, finance leaders can no longer afford to operate on autopilot and the most resilient teams aren’t just efficient—they’re connected, talent driven, and culture-focused. Join Melissa Hurrington for an exploration into how finance leaders can evolve beyond process and numbers to create adaptive, people-powered teams that thriv