Sat.Jul 02, 2022 - Fri.Jul 08, 2022

21 Companies Seeking Collection Talent

Account Recovery

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online.

Is Buying a Car a 2-Person Job?

Nerd Wallet

Sure, it’s fun to support your friend when they go car shopping. You get the vicarious thrill of a big purchase and a whiff of intoxicating new car smell. But do you have what it takes to actually help — not hurt — your friend? Before you assume this role, you should know that the.

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Elevate Your Collection Strategy with Machine Learning and HeartBeat

True Accord

Debt recovery and collection look quite different in 2022 than it did ten, five, even just a year ago: new channels to reach consumers, larger data sets to analyze, complex regulations that can vary state by state, and so much more.

Service Charge: Your Law Firm Isn’t a Bank, So Stop Acting Like It Is

NCBA Law Practice Management Blog

Law firms have traditionally extended credit to clients by billing in arrears. This is, in fact, the most common way for law firms using an hourly billing model to invoice their clients.

Successful Change Management with Enterprise Risk Management

Speaker: William Hord, Vice President of ERM Services

Join us as we discuss the various tangents of data and the change management process that will help you make better risk-based business decisions to save time and money for your organization.

ABI’s Industry Viewpoint Interview: Intellectual Property And Bankruptcy

In the Red

recently had the honor of talking with the American Bankruptcy Institute’s Editor-at-Large Bill Rochelle about the intersection of intellectual property and bankruptcy, as part of ABI’s Industry Viewpoints video series. Bill and I discussed issues ranging from the U.S.

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Judge Denies MSJ in FDCPA Case Over Cease Request

Account Recovery

What Is a Personal Guarantee in Bankruptcy?

Sawin & Shea

A common question we receive from those considering bankruptcy is how it impacts personal guarantees.

5 debts that are not discharged in Chapter 7

Albuquerque Law

Filing bankruptcy is an option that many people in New Mexico choose to help them manage their debts and gain a fresh financial start. This fresh start is often made possible with the discharge, where the court eliminates your debts. However, a Chapter 7 bankruptcy does not discharge all debts.

Innovative Digital Workflows: One Company’s Creative Solution

PDC Flow

Businesses now have so many software choices it can be overwhelming to decide what systems to use. Technology should make doing business easier and create a better digital workflow for both staff and customers.

How Preparation and Strategy Can Be Used to Fight and Defeat Any Ransomware Attack

Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP

Through a detailed analysis of major attacks and their consequences, Karl Camilleri, Cloud Services Product Manager at phoenixNAP, will discuss the state of ransomware and future predictions, as well as provide best practices for attack prevention and recovery.

Conn. Regulator Fines Company $10k For Operating Without License

Account Recovery

The Connecticut Department of Banking has levied a $10,000 fine against a company for operating as a consumer collection agency in the state without obtaining the proper license. A copy of the ruling in the matter against Lockhart, Morris & Montgomery can be accessed by clicking here.

Who's Buying? Knowing the Decision Makers For Your B2B Startup

Enterprise Recovery

You can't build your business or do effective marketing unless you know who you're selling to. These initial decisions will guide your sales and marketing team to be its most successful and scale your company faster. Do you know who's going to be buying your goods or services?

When to Place Accounts for Collection

Debt RR

If a commercial account goes unpaid for an extended period of time, there will come a point when the business doing the billing takes additional action to recover the money. The delinquent account is put in collections. An account placed in collections has the potential to be paid in full, partially, or not at all. The question is when to place an account in collection. When to Shift Unpaid Accounts to Collection.

CFPB moves to reduce fees charged by debt collectors

Public Citizen

The Consumer Financial Protection Bureau last week issued an advisory opinion affirming that federal law often prohibits debt collectors from charging “pay-to-pay” fees. These charges, commonly described by debt collectors as “convenience fees,” are imposed on consumers who want to make a payment in a particular way, such as online or by phone. The press release, with a link to the advisory opinion, is here

Mandatory COVID Vaccination Policy Template

The federal government is developing a rule requiring employers with more than 100 employees ensure their workers are vaccinated or produce a negative COVID test weekly before entering the workplace. So, what can your organization do to prepare? Get Paycor’s COVID Vaccination Policy Template to help communicate important details to your employees.

WDWA Judge Dismisses Case Involving Assigned Claim

Account Recovery

A District Court judge in Washington has joined his brethren in Oklahoma and dismissed a Fair Debt Collection Practices Act case filed by an individual who was assigned a claim from a consumer, ruling the plaintiff lacks standing to sue. A copy of the ruling in the case of James v.

5 Reasons Why You Haven’t Switched Banks

Nerd Wallet

Higher savings rates, lower fees, and better customer service: For every reason that motivates you to switch banks for checking or savings accounts, there’s an opposite reason to avoid the hassle. Changing banks, however, doesn’t happen often.

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California Dealership Resolves Telemarketing Prerecorded Message TCPA Class for $2.5M

Troutman Sanders

In late June 2022, the U.S. District Court for the Central District of California gave final approval for a $2.5 million class-action settlement in Johnson v. Moss Brothers Auto Group to resolve claims brought against a motor vehicle dealer under the Telephone Consumer Protection Act (TCPA).


Insolvency service advises on use of Private Debt Collection Agencies

UK debt collections

The Insolvency has issued a statement on its use of Private Debt Collection Agencies this week. The notice advises that the Insolvency Service may used private debt collectors to recover income payment arrangements from bankrupt individuals.

Getting to Know Carl Harkleroad of Imagined.Cloud

Account Recovery

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management.

A Scrap of Hope for Distressed Home Buyers

Nerd Wallet

The first half of 2022 was a catastrophe for home buyers. Skyrocketing mortgage rates and home prices made homeownership unaffordable for millions of renters. At the year’s midpoint, the real-estate landscape remains steeply tilted against home buyers.


CFPB Issues Advisory to Protect Privacy When Companies Compile Personal Data

Consumer Finance

Today, the Consumer Financial Protection Bureau (CFPB) issued a legal interpretation to ensure that companies that use and share credit reports and background reports have a permissible purpose under the Fair Credit Reporting Act.


The Status of Alabama Campaign Finance Issues

Burr Forman

Alabama’s current state and local elections have brought renewed attention to campaign finance laws as many races see increased spending and donations.

CFPB Issues Guidance on FCRA’s Permissible Purpose Requirements

Account Recovery

The Consumer Financial Protection Bureau yesterday issued another advisory opinion yesterday with respect to the Fair Credit Reporting Act, this time tackling the permissible purpose requirement of the statute, while also issuing a reminder that there are circumstances under which violators of the FCRA could face criminal prosecution.


Are 0% Interest Student Loans Better Than $10K Cancellation?

Nerd Wallet

Cancellation is the most popular proposal to address student loan debt, but it isn’t the only one out there. With the interest-free student loan payment pause in its third year, some wonder if 0% interest on student loans is a better answer. “I

10 year ban for dodgy Director

UK debt collections

The insolvency service has issued a huge 10 year ban to a rogue director following investigations. Grigorijs Hacaturjancs, 34, originally from Latvia, has been disqualified as a director for 10 years after fraudulently claiming a £50,000 Bounce Back Loan.

Q&A with Economist Amy Crews Cutts: Extra Credit


?? Got questions? NACM Economist Amy Crews Cutts has answers. ??


VIDEO: ACA International CEO Shares Details About Upcoming Convention

Account Recovery

Scott Purcell, the chief executive of ACA International, wants you to know that whatever is keeping you awake at night, whatever issues you and your agency are going through, the association’s upcoming convention has educational content that will help you get through it.

How Does Financing a Business Work?

Nerd Wallet

Business financing is money that helps you start, run or grow your business. You can get small-business financing by taking out a business loan or another kind of debt, like a business line of credit. You can also raise money from supporters or invest your own money.

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Calculating Wages for Garnishment


On December 31, 2021, Governor Hochul signed the Fair Consumer Judgment Interest Act into law. This amended the post-judgment interest rate on all judgments against consumers from 9% to 2%, effective April 30, 2022.