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

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.

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.

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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.

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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.

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.

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.

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More Trending

3 effective ways to deal with your late paying customers

American Profit

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.

Daily Digest – July 7. Appeals Court Reverses Dismissal of FDCPA Suit Over Barcode on Envelope; New Student Loan Licensing Law in Mass. Now in Effect

Account Recovery

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

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?

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.

Appeals Court Reverses Dismissal of FDCPA Suit Over Use of Barcode on Envelope

Account Recovery

SME’s owed 21k on average due to late payments

UK debt collections

New data from Intuit QuickBooks has highlighted the burden of late payments on already financially stretched small and medium-sized businesses (SMBs) with the average amount figure owed being £21,373. The figure represents more than two thirds (67%) of typical SMB monthly turnover.

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Executory Contracts: Third Circuit Does Not Recognize the Doctrine of Implied Assumption

PBWT

A recent case before bankruptcy judge Karen B. Owens of the United States Bankruptcy Court for the District of Delaware, In re Dura Auto. LLC , No. 19-12378 (KBO), 2021 WL 2456944 (Bankr.

How Points and Miles Credit Cards Can Ease Return to Travel

Nerd Wallet

As the COVID-19 vaccination era makes it safer to travel, many people who stayed home during pandemic shutdowns are vacationing again.

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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.

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.

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.

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.

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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.”

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.

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.

RUN Powered by ADP vs. QuickBooks Payroll: Pros, Cons, Differences

Nerd Wallet

If deciding between RUN Powered by ADP and QuickBooks Payroll has left you at a fork in the road, don’t worry — it’s not a bad place to be. Both can be excellent choices, backed by reliable, market-leading companies. In the end, though, RUN gets our nod for top choice.

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

Account Recovery

Everything There Is to Know about Debt Settlement

Credit Corp

The views and opinions expressed in this article are those of the author only and are not endorsed by Credit.com. Does settling a debt hurt credit? The short answer is yes, it can and probably will. However, that does not mean that you shouldn’t do it.

Department of State Extends Validity of National Interest Exceptions to Regional COVID-19 Travel Restrictions

Burr Forman

Over the past year, several Presidential Proclamations have restricted travel to the United States by foreign nationals physically present in China, Iran, the Schengen Region, the United Kingdom, Ireland, Brazil, South Africa, and India during the fourteen-day period prior to U.S. entry.

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JetBlue Mint Now Bookable with Emirates Miles

Nerd Wallet

JetBlue and Emirates have been partners for years; however, the partnership just got a lot more appealing: You can now redeem Emirates Skywards miles for JetBlue first class, also known as Mint.

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.

Get 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.

Eleventh Circuit Emphasizes Consumer’s Burden of Establishing Lender’s Unreasonability to Sustain Willfulness Claim Under the FCRA

Burr Forman

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