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Once upon a time, companies around the globe incurred substantial losses due to delinquent receivables. With no clear policies on recovering past-due debts, entities, at times, engaged in unscrupulous methods to recover these owed revenues. A better way to handle this process was desperately needed. Fast forward to the present day, and professional third-party debt collection agencies have made it efficient, compliant, and cost-effective for companies to recover owed monies.
As is clear by now, more efficient law firms make more money than inefficient ones. The more work you can get through, the more money you make. Of course, efficiency does not build up out of thin air: you need to work for it. And, the best step to take, in terms of building law firm efficiency, is to map out everything you do. Like, literally everything.
No crystal ball has enough power to make predictions for 2021 since the pandemic is still surging in parts of the world. As we slowly return to some sense of normalcy, however, you might be wondering about the outlook for your organization’s revenue this year. Will this year be better than the last? Here we’ll review a report showing the financial implications COVID-19 might have for health organizations in 2021.
A District Court judge in Pennsylvania has granted a defendant’s motion to dismiss a class-action lawsuit, ruling a plaintiff lacked standing to sue after claiming that a collector violated the Fair Debt Collection Practices Act by including “Personal & Confidential” on the outside of an envelope containing a collection letter and because “data symbols similar … The post Judge Grants MTD Over Lack of Standing on QR Code Case appeared first on AccountsRecovery.ne
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.
You have an amazing software idea and you're ready to make some money with it. Have you figured out your product's niche market? Have a business plan already? Are you already getting feedback from customers? These are just a few questions to consider as you take your product to market and start enjoying that recurring revenue. Use this checklist when you're ready to launch and grow your SaaS startup!
Reading has plenty of upsides for kids: It develops skills, boosts intelligence and sparks imagination. Despite the benefits, reading can still turn into an expensive hobby. Thankfully, there are ways you can get new, used and even virtual books without paying a cent. Here’s how to get free children’s books. How to get physical copies. Lauren Schwahn writes for NerdWallet.
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Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Reading has plenty of upsides for kids: It develops skills, boosts intelligence and sparks imagination. Despite the benefits, reading can still turn into an expensive hobby. Thankfully, there are ways you can get new, used and even virtual books without paying a cent. Here’s how to get free children’s books. How to get physical copies. Lauren Schwahn writes for NerdWallet.
The Consumer Financial Protection Bureau (CFPB) today issued an interim final rule in support of the Centers for Disease Control and Prevention (CDC)’s eviction moratorium.
FIRST CLASS-ACTION SUIT, POST-HUNSTEIN, FILED IN N.Y. FEDERAL COURT Well that didn’t take long. Less than a day after the Eleventh Circuit Court of Appeals issued its ruling in Hunstein v. Preferred Collection and Management Services, a class-action lawsuit has been filed in New York federal court accusing a debt collector of violating Section 1692c(b) and … The post Daily Digest – April 23.
As a B2B business that supports other B2B businesses, we understand the value of strong client relationships. Much like other relationships, the value can increase over time, offering financial benefits through referrals and upselling. If handled correctly, these relationships can also be mutually beneficial to both parties. Here's how to create strong client relationships and reap long-term benefits.
If your small business has employees, your business tax obligations include reporting the income and payroll taxes that you withhold from their paychecks. Typically, this information is reported using IRS Form 941, also known as the Employer’s Quarterly Federal Tax Return. However, if your business is smaller and has less tax liability, you may be. Randa Kriss writes for NerdWallet.
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.
If you’re ready to start thinking about your finances, we’ve got good news for you: April is Financial Literacy Month. Promoted by the Jump$tart Coalition , National Financial Literacy Month is a great time to evaluate your financial situation and make a plan to reach your financial goals. It’s a great time to teach your kids about financial responsibility, too.
Well that didn’t take long. Less than a day after the Eleventh Circuit Court of Appeals issued its ruling in Hunstein v. Preferred Collection and Management Services, a class-action lawsuit has been filed in New York federal court accusing a debt collector of violating Section 1692c(b) and 1692f of the Fair Debt Collection Practices Act … The post First Class-Action Suit, post-Hunstein, Filed in N.Y.
When it debuted in 1998, PayPal was the first service that made electronic payments available to the masses. However, since then, many more businesses have launched as merchant services payment processors. There are a number of reasons why you might be looking for PayPal business account alternatives, including: You want a dedicated merchant account.
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.
This post originally appeared on The Financially Independent Millennial and has been republished with permission. Okay, so you’re tired of puttering along in that same 1996 Honda Civic with which you picked up your Homecoming date during your senior year of high school. How do you even begin? No doubt, you’ll have questions to ask when buying a used car.
The House of Representatives has passed a bill aimed at amending the Fair Debt Collection Practices Act to provide additional protections to servicemembers. The bill, H.R. 1491, the Fair Debt Collection Practices for Servicemembers Act, was introduced in March by Rep, Madeleine Dean [D-Penn.]. This was the second time Dean had introduced the legislation.
The Consumer Financial Protection Bureau (CFPB) today issued an interim final rule in support of the Centers for Disease Control and Prevention (CDC)’s eviction moratorium.
It’s a good time to be a home seller — homes are selling fast and for a premium — but that doesn’t mean you can jump into the market ill-prepared. Knowing what to expect can position you to make the most of this seller’s market. Roughly 1 in 6 (17%) homeowners plan on selling their. Elizabeth Renter writes for NerdWallet. Email: elizabeth@nerdwallet.com.
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!
The shockwaves are still reverberating through the accounts receivable management industry following yesterday’s ruling in Hunstein v. Preferred Collection and Management Services, Inc., and the question on many minds is, how bad is this going to get? That question is being asked on a number of levels. The obvious level is — will consumers and … The post Assessing the Impact of Yesterday’s Ruling appeared first on AccountsRecovery.net.
When an Indiana homeowner is unable to make their mortgage payments, the lender eventually starts a foreclosure. The foreclosure process, if left to proceed, ultimately results in the house being sold off to settle all or part of the debt. This is a nightmare for a family that’s already struggling to make ends meet. Your unpaid bills are piling up and now your home is gone too.
Unlike individual taxpayers who only have to file one tax return per year, most businesses are required to file quarterly tax returns. On Form 941, also known as the Employer’s Quarterly Federal Tax Return, businesses must report the income taxes and payroll taxes that they’ve withheld from their employees’ wages — as well as calculate and. Priyanka Prakash writes for NerdWallet.
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.
The cost of insurance can be a big hit to your personal bottom line. That’s especially true when you consider all the types of coverage you may need to pay for, including auto , health , and life insurance plans. Here are some tips for how to budget for insurance without compromising your lifestyle. Steps for Budgeting for Insurance. In addition to being legally required in many instances, insurance is often a good investment for your wallet and your peace of mind.
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 Don Siler of Cre
In January, we reported that the Supreme Court had resolved a split among the Circuit Courts of Appeals regarding property seized from a debtor pre-petition, holding that “merely retaining possession of estate property does not violate the automatic stay.” [1] The underlying dispute in Fulton arose when individual debtors demanded that the City of Chicago return cars that were impounded for non-payment of various municipal parking and traffic violations immediately upon the filing of
Pandemic-related job losses forced many older Americans out of the workplace in the past year, perhaps permanently. But the COVID-19 crisis also seems to have delayed some retirements. Remote work eliminated commutes and often allowed more flexible schedules with fewer interruptions. At the same time, the pandemic restricted many traditional retirement activities, including travel and.
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
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