PDC Flow

FEBRUARY 9, 2021

Another year of Collector.Live! content is in the books, and the speakers did not disappoint. Negotiation expert Joshua Weiss spoke about negotiation tactics front line collectors can use to improve call outcomes and Joann Needleman of Clark Hill discussed digital communication with consumers. Another inspiring speaker, Mike Hiller of American Profit Recovery , discussed the benefits of mental rehearsal for improving your behaviors when negotiating debt collection payments.

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Collections 88

Nerd Wallet

FEBRUARY 9, 2021

The Paycheck Protection Program can be a lifeline for businesses that qualify, but it’s not the only program available for business owners struggling during the coronavirus pandemic. Those who don’t meet PPP requirements may be eligible for grants and other financing, including state and local grants and other loan programs supported by the Small Business.

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Loans 142

American Profit Recovery

FEBRUARY 9, 2021

If your practice has been looking through a list of medical collection agencies in search of just the right fit, we want you to take a moment to read some of the tips that our experts here have come up with. Choosing the right partner to work with your patients and handle payment arrangements is a critical part in managing not only your cash flow but your reputation.

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Collection Agencies Collections Agency Collections Debt collector 130

Account Recovery

FEBRUARY 12, 2021

Virginia is poised to be the next state that enacts its own data privacy law, which some reports say is similar to the California Consumer Protection Act, although it does not include one provision that made the CCPA more problematic for companies. Slightly different versions of the Virginia Data Consumer Protection Act were passed in … The post Virginia Next in Line to Enact Privacy Law appeared first on AccountsRecovery.net.

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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.

Enterprise Recovery

FEBRUARY 12, 2021

If your business has sent bad debt accounts off to a collections agency, you likely have questions about recovering that debt. Typically, commercial collections agencies only charge a fee if they're able to collect. The agency should also be transparent about the collections process and the documentation along the way. But you may also be wondering how long they'll work on your behalf before you take the case to court.

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Collection Agencies Collections Agency Collections Commercial Collection 246

Nerd Wallet

FEBRUARY 11, 2021

We were fortunate enough to connect with six financial experts who are big on helping people with their money. While they range in their professions — including certified financial planners, podcast hosts and authors — they all had to think about how to move forward after 2020. They offered their thoughts about people of color. Amanda Cruz-Lombrana writes for NerdWallet.

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Account Recovery

FEBRUARY 11, 2021

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 Amy Mertz Brown

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Law Firms Accounts Receivables Management 246

Prosperity Now

FEBRUARY 9, 2021

New Prosperity Now Scorecard data on policy adoption across the states is now available just in time for the start

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Credit Corp

FEBRUARY 10, 2021

An eighth of Americans buy gifts for more than one romantic partner. This post originally appeared on Finder.com. Roses are red. Violets are blue. But when did Valentine’s Day become a celebration for more than two? In 2021, 32.9 million Americans — or 12.89% of the adult population — plan to buy a Valentine’s Day gift for more than one romantic partner, according to a recent survey from Finder.com.

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Retail 98

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Nerd Wallet

FEBRUARY 8, 2021

The relationship between life insurance and the African American community is complex. Although Black Americans are more likely to own life insurance than whites, a recent study shows, their coverage is often far less. The sizable coverage gap between Black and white Americans has many causes, experts say, including the way life insurance was sold. Georgia Rose writes for NerdWallet.

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Account Recovery

FEBRUARY 11, 2021

In a development that was first published at TCPAWorld.com, a coalition of trade groups, including ACA International, have asked the Federal Communications Commission to correct an apparent error that “inadvertently” imposes a prior written consent requirement on informational prerecorded or artificial voice calls to residential numbers.

Trade 246

Trade 246

Jimerson Firm

FEBRUARY 8, 2021

The SBA Office of Credit Risk Management (“OCRM”), conducts continuous, risk-based lender oversight on all SBA lenders and CDCs. As part of this oversight, the OCRM conducts periodic on-site audits to evaluate the lender or CDC’s portfolio performance, credit administration, compliance with loan program requirements, and SBA operations management. 13 C.F.R. § 120.1050(a).

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Credit Corp

FEBRUARY 9, 2021

The following is a guest post from Jacob Dayan, of Community Tax. Getting started with investing can be a fun and exhilarating way to make money—potentially a lot of money. However, for many young or beginner investors just getting started in the game, there are many pitfalls if they proceed without caution. Unfortunately, investing is glamorized in movies, TV shows, and popular culture.

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Startups Trade 98

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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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Nerd Wallet

FEBRUARY 11, 2021

Choosing the right credit card can be difficult, especially if you have poor credit (FICO scores of 629 or lower) or are new to credit cards entirely. Plenty of cards can help those with limited choices, but some options — including certain unsecured credit cards for bad credit — are more costly and potentially more. Funto Omojola writes for NerdWallet.

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Account Recovery

FEBRUARY 10, 2021

CFPB PUTS OUT CALL SEEKING TO HIRE MORE ATTORNEYS If anyone needed further proof that the Consumer Financial Protection Bureau is planning on ramping up its enforcement activities, one need not look any further than the post the Acting Director Dave Uejio posted yesterday, making an open call for any attorneys who might be interested … The post Daily Digest – February 10.

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True Accord

FEBRUARY 8, 2021

TrueAccord Group has announced Courtney Graham, former Chief People Officer of Four Winds Interactive, as its new Chief People Officer. . “Our family of companies is growing rapidly, and we are thrilled to have Courtney on board as our first Chief People Officer. Courtney’s experience as a People leader within high-growth technology companies will be instrumental in helping TrueAccord scale while maintaining a strong people-first culture,” said Ohad Samet, CEO and co-founder of TrueAccord Group.

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Financial Institution Financial services Lender Collections 96

Jimerson Firm

FEBRUARY 12, 2021

The SBA, through the Office of Credit Risk Management (“OCRM”), monitors and oversees the activities of all its lenders and CDCs to ensure it is effectively following loan program requirements and protecting the integrity of the SBA program. In the event an SBA lender or CDC demonstrates an unacceptable risk profile, and an inability or unwillingness to proactively or timely resolve the issues which created an unacceptable risk profile, the SBA may take an enforcement action against that lender

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Lender Loans Financial services Banks 93

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?

Financial services

Nerd Wallet

FEBRUARY 10, 2021

This article provides information and education for investors. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. During my seven years as a financial advisor, I often had two-hour phone calls with clients. Armed with my cheat sheet of English-to-Mandarin financial.

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Education 118

Account Recovery

FEBRUARY 10, 2021

InDebted, an Australian company that made a huge splash this week by announcing its entry into the United States accounts receivable management industry through a huge acquisition and hiring some very well-known names to help guide it, raised nearly $8 million to fund its expansion. About two-thirds of the investment came in the form of … The post InDebted Raises $8M in Capital to Fund Acquisition, U.S.

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Acquisition Accounts Receivables Management 246

Roths Child Law

FEBRUARY 9, 2021

If you've been considering filing for Chapter 7 bankruptcy in Tennessee, you've probably heard of the bankruptcy means test. The means test is a relatively lengthy form that is used to determine whether your disposable income is low enough to qualify you for Chapter 7 bankruptcy relief. Median income. The first step to passing the means test is to determine whether your average monthly income from all sources falls below the median income for Tennessee.

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Chapter 7 bankruptcy Bankruptcy Education Creditors 80

Prosperity Now

FEBRUARY 9, 2021

Each year, millions of households struggle to cover their basic needs in the face of economic fluctuations.

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Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?

Banks

Nerd Wallet

FEBRUARY 9, 2021

Just because you’ve already quit — or never started — a New Year’s resolution to save more money doesn’t mean it’s all over. You can make a comeback with a few key steps. Here are some typical ways people stray from savings goals, as well as simple fixes to get back on track. Glitch No. Ruth Sarreal writes for NerdWallet. Email: rsarreal@nerdwallet.com.

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Banks 111

Account Recovery

FEBRUARY 8, 2021

Sydney, Australia – 8th February, 2021 – InDebted, the Sydney headquartered fintech that specializes in digital debt collection for unsecured consumer debt, today announced that it has acquired Delta Outsource Group Inc. (Delta) in the USA to launch its product and service into the American market, and hired three key executives to help globally scale … The post Debt Collection Fintech InDebted Completes Acquisition to Enter the U.S.

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Acquisition Collections 246

PBWT

FEBRUARY 7, 2021

A seat at the table: this is what you likely want when your financial interests are drawn into a bankruptcy court proceeding. You’ll seek to be heard and do what you can to maximize your recovery. This is especially true if you’re a creditor in a chapter 11 case. Yet a recent decision shows what can happen if you do the opposite and choose to “sit one out” rather than have a say in the outcome of a chapter 11 case.

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Creditors Bankruptcy Unsecured Creditor Unsecured Debt 73

Roths Child Law

FEBRUARY 12, 2021

If your parents got injured and went to the hospital when they were young, and if they couldn’t afford the bills, they may have asked family members to loan them money. They may have gotten help from friends. They may have turned to a local church or some other organization. Today, though people still do the things noted above, they also use crowdfunding.

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Bankruptcy Loans 75

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