Sat.Apr 25, 2020 - Fri.May 01, 2020

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Reflections on Health and Wealth During the COVID-19 Crisis

Prosperity Now

When we began the Health & Wealth Network at Prosperity Now, we wanted to center financial well-being as a core

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Legal Small Claims Recoveries in Victoria, Australia: How Does it Work?

Debt Recoveries

Recently we have been focussing on how to reduce your credit risks, promote cash flow deal with debtors during the COVID-19 crisis. However it remains a possibility that with some debtors, legal action may be the only the only course of action to secure your recovery. The courts are open and operating on reduced or amended schedules during this time, and most importantly, your rights to be repaid for monies owed have not changed so it is important you assess all options available to you.

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How to Be an Empathetic Leader

The Kaplan Group

Negotiations are a large part of any collections business, and empathy is at the heart of every negotiation. Empathy means being able to see and understand someone else’s point of view and needs. So, while I may want to collect as much of the money owed to my client as possible, I also need to understand that the debtor wants to keep his business open.

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The Mchughes Law Firm, PLLC Wants To Help You Flatten The Curve!

The McHughes Law Firm

Alternative Payment Methods. In light of the global effects of COVID-19 and for any future issues that may result in the closing of our office to the public, we have outline several methods of alternative payment that involve less social interaction, and, therefore, less risk of further spreading of COVID-19. In person payments and even payments by mail include greater risks than our online and phone payment options.

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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.

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‘Calm before the storm’ – this week’s blog by Sean Feast FCICM

CICM

Friday 1 May 2020. The team at the CICM has been working incredibly hard through these difficult times to support its members and the wider credit community in managing their cashflow. It’s not a new initiative; it’s something that has been at its heart ever since the Institute was founded more than 80 years ago, but in recent times the whole ‘managing cashflow’ piece has taken on a new sense of urgency.

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Micro Bilt - Untitled Article

Micro Bilt

Application programming interfaces enable software to interact with other systems to support complex functions. How do consumer lenders use this technology?

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Sign of the Times: eSignatures Offer Law Firms Flexibility

NCBA Law Practice Management Blog

Law firms that require paper-based signatures are committed to in-person meetings ; b ut, th ose may not always be feasible. In some cases, the decision is out of the lawyers’ hands, for example: during a personal, national or global disaster. Of course, there are ot her reasons why your law firm may want to utilize esignatures. Not requiring a physical signature likely means that you can add new clients faster , because you won’t have to set up an on-person meeting to do it.

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COVID-19: Ohio Eviction & Housing Protections

Luftman, Heck & Associates.

There’s a lot of confusion around about whether or not you can be evicted for not paying rent during COVID-19. In Ohio, you must keep paying rent. If you fail to pay rent in April or May and are unable to catch up quickly, your landlord can still try to evict you. Ohio hasn’t formally stopped evictions and foreclosures during the COVID-19 pandemic, though your local jurisdiction might delay the Read More.

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Sixth Circuit Examines Who is a Debt Collector for Purposes of FDCPA Section 1692(f)(6)

Consumer Financial Services Law

By Anna Claire Turpin The Sixth Circuit Court of Appeals recently explored the limitations of Section 1692(f)(6) and held that a property preservation and maintenance company was not a debt collector for purposes of that section. The opinion highlights the importance that principal purpose and timing have on this limited provision of the FDCPA. Thompson v.

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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.

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The importance of conducting tenant screening

Micro Bilt

A landlord or property manager has open space they wish to fill. Their property is safe, clean, and located within a well-manicured neighborhood, so they’ll want to contract with a tenant who is honest and will take care of the property.

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Business Rescue During the Covid-19 Crisis: Is a CVA a Viable Option?

Hudson Weir

Business rescue options may be on many company directors’ minds during these unprecedented times. It is undeniable that the business landscape has been heavily impacted by the 2020 coronavirus pandemic. . Company directors from across the country have been contacting us for advice. We’ve recognised a steeply increasing trend: the difficult reality that, due to coronavirus, previously healthy businesses are now facing the threat of insolvency.

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How do you handle debt after losing your job?

Albuquerque Law

Losing a job can leave individuals suddenly facing considerable stress – and a lot of questions. How will they pay bills? How will they support the family? If individuals already have debt, these questions and worries only increase. Even though many employers offer a severance package to help individuals after a layoff, debt can quickly start piling up when families lose a source of income.

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North Carolina Department of Insurance Extends Deferral Period

Consumer Financial Services Law

The North Carolina Department of Insurance has extended its previous order which activated the payment deferral provisions of N.C.Gen. Stat. 58-2-46. The Order would have expired April 26th and has been extended an additional thirty (30) days through and including May 27, 2020. A copy of the Extended Order can be found here. Additionally, in response to the number of questions posed with respect to the obligations of collection agencies and others licensed by the North Carolina Department of Ins

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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.

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Paying Bills Later: Considering Financial Consequences of Delayed Payments Due to COVID-19

Titan Consulting

Key Takeaways. Delayed payments are not forgiven payments. Pausing bills can lead to massive balances due when payments restart. Suspending rent payments die to COVID-19 may put you at risk for foreclosure if you can’t make up your deferred payments all at once. Accepting a forbearance on your mortgage may require a balloon payment of all deferred payments 3-5 months later, or a mortgage modification in order to add payments to the end of your mortgage.

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Tips to track your expenses before bankruptcy

Albuquerque Law

Whether individuals file Chapter 7 or Chapter 13 bankruptcy, they will have to complete a considerable amount of paperwork to obtain the debt relief they need. When filling out this paperwork, one critical step individuals must take is to list all of their monthly expenses. This might seem like an overwhelming task, but individuals pursuing debt relief through bankruptcy can take proactive steps to make this process easier.

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What is revolving debt?

Albuquerque Law

In a recent blog post, we discussed the potential dangers of credit card debt. This report also found that the total credit card debt in the United States reached an all-time high at the end of 2019. Since most adults have at least one credit card, they are often well aware of the risks that come with a credit card. But why is it that credit cards carry such a high risk of debt?