Sat.Mar 27, 2021 - Fri.Apr 02, 2021

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4 ways compassion improves dental debt collections

American Profit Recovery

Let’s face it, most of us do not enjoy a trip to the dentist. The anxiety experienced can sometimes be greater than other medical visits. If you are a dental professional, you know this part of the business all too well. When seeing patients, part of your job is to put them at ease while they are in your office. The better equipped you and your staff are to help your patients relax and accommodate them, the more profitable your practice can become.

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Debt Consolidation – Why it Might Work for You

JMA

Do you have so many bills to pay that you can’t keep up anymore? Do all of the different due dates cause you to forget to make your payment on time? Debts can affect the way you spend and save so it is important to deal with them as soon as possible. A way that. Read more » The post Debt Consolidation – Why it Might Work for You appeared first on JMA Credit Control.

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NOT APRIL FOOLS — Supreme Court Issues Ruling in Duguid v. Facebook

Account Recovery

The Supreme Court today issued its ruling in Facebook v. Duguid, reversing and remanding the case back to the Ninth Circuit Court of Appeals. The Court, in an unanimous opinion, held that an automated telephone dialing service as defined in the Telephone Consumer Protection Act must be that has “the capacity either to store a … The post NOT APRIL FOOLS — Supreme Court Issues Ruling in Duguid v.

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Why Consider As-A-Service Subscription Models?

Enterprise Recovery

From HR Tech to other models, businesses are expanding their capabilities by offering their services as a subscription. For the same reason that your customer would hire an employee or purchase a product to take on the responsibility of a certain task, as-a-service models allow them to pay a recurring fee for the same product or service instead. Have you thought about how to capitalize on the subscription model for your business?

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

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.

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Take Some of the Mystery Out of Buying a House Sight Unseen

Nerd Wallet

Last fall, when planning a move from North Carolina to Stillwater, Oklahoma, for a new job that would start in January, Andreza Conti Patara and her husband, Marcelo Patara, decided to buy a house. But the couple wanted to avoid air travel due to COVID-19, and buyers were snapping up homes in Stillwater soon after. Barbara Marquand writes for NerdWallet.

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Judge Certifies Class in FDCPA Suit

Account Recovery

A District Court judge in California has certified a class in a case accusing a company that performs billing and collection services for a car rental company of violating the Fair Debt Collection Practices Act by sending letters from the billing arm of the company without the mini-Miranda notice. A copy of the ruling in … The post Judge Certifies Class in FDCPA Suit appeared first on AccountsRecovery.net.

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Preparing Finances for a Pandemic-Era Mortgage

Credit Corp

The following is a guest post by Alene Laney, of Pennies to Paradise. Tighter lending requirements mean it’s more important than ever for homebuyers to get their finances in order. Those that do will be rewarded with great mortgage rates, lower payments, and a home that provides comfort and security for years to come. Lenders Are Worried about Delinquency.

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Bitcoin Wallet: How to Choose the Best for Your Cryptocurrency

Nerd Wallet

Want to trade Bitcoin or other cryptocurrencies, but don’t know where to begin? One thing you’ll need is a cryptocurrency wallet. Here are the answers to some commonly asked questions, and how to find the best cryptocurrency wallet for you. What is a cryptocurrency wallet? A cryptocurrency wallet — also known as a Bitcoin wallet. Kevin Voigt writes for NerdWallet.

Trade 101
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CFPB Rescinds Series Of Policy Statements To Ensure Industry Complies With Consumer Protection Laws

Consumer Finance

The Consumer Financial Protection Bureau (CFPB) announced today it is rescinding seven policy statements issued last year that provided temporary flexibilities to financial institutions in various consumer financial markets, including the mortgage, credit reporting, credit and prepaid card markets. The seven rescissions, effective as of April 1, 2021, provide guidance as to how financial institutions should now comply with various consumer financial laws and regulations.

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When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

Are you finding some snags in your collections process? With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

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Collector Facing Class-Action FDCPA Suit Over Validation Notice

Account Recovery

A Pennsylvania debt collector is facing a class-action lawsuit in New Jersey after it was accused of sending an initial communication that included a statement in the validation notice that said a dispute could be filed either verbally or in writing. A copy of the complaint in the case of Rodriguez v. Monarch Recovery Management … The post Collector Facing Class-Action FDCPA Suit Over Validation Notice appeared first on AccountsRecovery.net.

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Crowdfunding may provide limited help with medical bills

Roths Child Law

Medical bills are often unexpected. Most people don’t have cash on hand to cover thousands of dollars in bills all at once. Even for those who have good insurance, the co-pays and deductibles can be very costly. There are a few ways to handle these types of medical bills. Some people might have some disposable income that they can use to make payments, but others might not have that available.

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5 Things to Know About the Macy’s Credit Card

Nerd Wallet

Like Macy’s department stores, the Macy’s credit card offers a lot of surface appeal: It gives you rewards and discounts on countless products to brighten your home, wardrobe and life. But when you look closer at it, the shine dims. The card has a complicated rewards structure and limited redemption options. Here are five things. Kimberly Palmer writes for NerdWallet.

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5 Ways Invoice Financing Can Boost Cash Flow

Debtor Daddy

It’s no secret that long payment terms cause serious headaches for business owners, and in recent times small businesses need cash flow support more than ever. A recent report by Xero found that over half of SMEs in Australia and New Zealand cited getting paid on time and cash flow difficulties as their top financial challenges. Making it hard to pay bills, hire staff, buy inventory and grow stress-free.

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10 Ways to Improve Payment Collections with Salesforce

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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Compliance Digest – March 29

Account Recovery

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

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Closing A Limited Company: All You Need To Know

Hudson Weir

Thinking about closing a limited company? There are several different routes you can take – and the one you choose will depend on you and your company’s specific circumstances. In this article we’ll look at the different options available to help you work out which one is right for your company. How To Close A Solvent Company. If your company is solvent (it can pay its debts), there are two routes you can take to close it down: Apply to have it struck off the Companies Register Via a Membe

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Can You Still Buy a Used Rental Car at a Bargain?

Nerd Wallet

Will a bargain-priced former rental car become yet another casualty of the pandemic? Rental car companies, which frequently refresh their fleets, have long been a reliable source of reasonably priced used vehicles for those in the know. But tightening inventories of used cars nationwide are driving up prices of many former rental cars to higher. Philip Reed writes for NerdWallet.

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11 Easy Tips to Become Independently Wealthy [and what it means]

Credit Corp

This post originally appeared on Arrest Your Debt and has been republished with permission. Are you tired of living paycheck to paycheck or relying on others to live a comfortable lifestyle? With a plan and determination, you can become independently wealthy and live life on your terms. Most people aspire to achieve financial independence, but sometimes, it seems more like a dream than a possibility.

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Connect, Care, Convert: Secrets to Establishing Trust with Niche Markets and Turning Them Into Clients

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?

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Lawsuits Way Down, Complaints Way Up: WebRecon

Account Recovery

People sued less in February, but complained more, according to data released by WebRecon. The number of Fair Debt Collection Practices Act lawsuits is down 25% for the first two months of 2021, compared to the first two months of 2020, while the number of Fair Credit Reporting Act lawsuits is down 3%, and the … The post Lawsuits Way Down, Complaints Way Up: WebRecon appeared first on AccountsRecovery.net.

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I’m Self Employed: What Are My Bankruptcy Options?

Sawin & Shea

Nobody wants to be in a situation where they have to file for bankruptcy, but for the self-employed, it can be a doubly crushing blow. You have worked hard to create your own source of income, but circumstances have made it impossible for you to pay your debts. You may even have doubts about whether or not self-employed people are eligible to file for bankruptcy.

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How Much Is Internet per Month?

Nerd Wallet

The price you’ll pay for internet service every month depends primarily on the speed you need. Speed matters, especially if you work from home and need the bandwidth for video conference calls and something like three browser windows open with 30 tabs each. If you share the net with family, you may need even more. Hal M. Bundrick, CFP writes for NerdWallet.

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ExtraCredit: The Most Comprehensive Credit Monitoring Tool on the Market

Credit Corp

ExtraCredit was created with one thing in mind: to create an all-encompassing credit monitoring product that puts the consumer first. Never before has there been such a comprehensive tool as ExtraCredit, and it was crafted with the goal of disrupting the saturated world of consumer finance. Credit can be complicated, which is why Credit.com set out to develop a tool that helps the hardest working Americans manage every aspect of their credit at an affordable price.

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ERM Program Fundamentals for Success in the Banking Industry

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?

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Judge Grants MTD in FDCPA Case Over Communication Language

Account Recovery

If you’re about as old as I am, you may remember the TV show, “Cheers,” specifically mail carrier Cliff Claven, who, in a famous episode, appeared on Jeopardy! and, I won’t spoil it if you haven’t seen it, had one of the best all-time final jeopardy answers in history. A District Court judge in Utah … The post Judge Grants MTD in FDCPA Case Over Communication Language appeared first on AccountsRecovery.net.

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Lenders Beware: Be Sure to Foreclose Subordinate Liens and Encumbrances

Jimerson Firm

Lenders must pay particular attention to subordinate liens and encumbrances prior to initiating any foreclosure action. Lenders can discover whether subordinate liens and encumbrances exist on a property by performing a title examination prior to initiating foreclosure. Failure to discover subordinate liens and encumbrances will cause lenders to mistakenly exclude indispensable parties to the foreclosure proceeding, which can cause headaches for the lender after foreclosure.

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Come to My Money Party Tonight

Dear Debt

If you’re like me, your brain can’t even fathom how it’s the end of Q1 of 2021. Where has the year gone? What have I done? It seems I’ve gone… Related Posts: Dear Debt, I Need Something Else. Shop. Lola LA Brunch + Retreat. 13 Ways You Can Make Money. Resources for Taking Care of Your Mental Health and Wealth. The post Come to My Money Party Tonight appeared first on DEAR DEBT.

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Federal vs. Private Student Loans: What Are the Drawbacks?

Nerd Wallet

Finding out the best ways to pay for college can be overwhelming. And if you’ve already exhausted free aid through the Free Application for Federal Student Aid, or FAFSA, and taken advantage of grants and scholarships, you might be looking at student loans to fill the gap. Borrowers typically have two options for student loans: federal and. Cecilia Clark writes for NerdWallet.

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You Put in a Full Work Week. Shouldn’t Your Collections Software Do the Same?

Discover a modern, cloud-based collection system that never takes a rest day. MeridianLink® Collect is an intuitive platform with advanced customization options developed to simplify the collections process. Here are four ways MeridianLink Collect can support your team: Omnichannel communications Compliance rules & checklists Workflows & queues One interface with supporting integrations And that’s just the start.