Sat.May 02, 2020 - Fri.May 08, 2020

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Tools to Help B2B Businesses Get Back to Work

Enterprise Recovery

Employers and organizations are beginning to move into a new normal after the COVID-19 pandemic response affected their businesses. With lockdown orders lifted and the phased approach to reopening, business owners and executives are seeking out ways to ramp up business quickly and keep their employees safe. Many companies furloughed or laid off staff and will be running at reduced staff levels for a period of time.

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3 Ways to Spend Extra Time During the Shutdown

C2C

The pandemic has drastically changed the business landscape in only a matter of weeks. Millions of businesses are being forced to close, operate at reduced capacity, or have their employees work remotely. While current conditions might have some staff overwhelmed, Read More » The post 3 Ways to Spend Extra Time During the Shutdown appeared first on C2C Resources Commercial Debt Collection Agency.

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Understanding Why You Have So Many Different Credit Scores

Titan Consulting

Key Takeaways. All three for-profit credit reporting agencies, Experian, Equifax and Transunion compile and report consumer credit and debt payment activity and sell this consumer information to lenders seeking to grant credit. It is always a good idea to check what is being reported on your credit file from each agency as each agency may report differently.

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COVID-19 & Remote Work: How to Develop Soft Skills

Arbeit Software

Amy Perkins, president at insideARM , had been working from home long before the COVID-19 pandemic began, but that doesn't mean shes immune to the challenges of working remotely.

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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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The Importance of an Experienced Collections Lawyer After COVID-19

Collections Law

We are monitoring the status of the COVID-19 situation within the Commonwealth of Massachusetts. While only data will determine when the state can be reopened — including the courts and non-essential businesses — we are hoping that it comes sooner rather than later. . When the time comes to return to normalcy, you should be prepared to return to business as usual, including collecting any outstanding debt you may currently be owed.

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Paycheck Protection Program

Debt

While Governors in several states are trying to crack open the door on the shuttered U.S. economy, the news from two key elements of a would-be revival – employment and money to pay small business workers – is still not good. The COVID-19 pandemic had another 3.8 million workers file for unemployment in the week […]. The post Paycheck Protection Program appeared first on Debt.org.

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Reflecting on Financial Capability Month: Strengths and Opportunities for the Financial Capability Field

Prosperity Now

This is the final blog in a three-part series that highlights barriers to financial capability, strategies that build financial capability

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How Investors Calculate Your Company’s Credit Risk

Micro Bilt

Once upon a time, the best tool investors had available to calculate or determine a company’s credit risk was to obtain a corporate rating.

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What Small Businesses Should Know About the IRS Debt Forgiveness Program

Debt RR

The IRS can be daunting for businesses and sole proprietors that owe tax debt – federal tax liens can seriously impact a company’s ability to operate if taxes remain unpaid. However, the IRS offers options for taxpayers that need help with their obligations. Many businesses and sole proprietors are looking for IRS debt forgiveness programs. While the IRS does not offer a specific forgiveness program, they do have solutions that can reduce a business’s tax burden or give eligible businesses more

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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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Federal Appeals Court Addresses Equitable Mootness Doctrine

PBWT

Courts reviewing a bankruptcy court’s decision to approve a chapter 11 reorganization plan over the objections of an interested party must consider not only the merits, but also (if implementation of the plan was not stayed) potential injury to the reliance interests of other parties relying on the plan. These issues are confronted in Drivetrain, LLC v.

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CSA calls for joined up actions during and after lockdown

CSA

The Credit Services Association (CSA) has received a positive response to its call for closer collaboration with trade bodies representing the wider business community in planning for a phased relaxation of current lockdown rules. It also says that fellow trade associations have welcomed its drive to prevent the actions of a minority of ?extreme outliers?

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Which type of bankruptcy best fits your needs?

Albuquerque Law

If you have encountered financial challenges in 2020, you are definitely not alone in your struggle. Many New Mexico residents and others throughout the country are in the same boat. Global, national and personal economies are fluctuating systems. One or more of the three may become compromised at any time. In fact, it is not uncommon for an ebb and flow of financial stability to occur alongside various changes in life.

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Collections During Crisis: Insights on the Impact of COVID and Strategies for Navigating Its Fallout – By Seth Carter, Ph.D, VP Technology & Collection Services, AG Adjustments

AGA

The purpose of this paper is to first identify and answer some of the questions most frequently asked by our clients regarding the fallout of COVID. After that, we examine if the premise holds that, like the mortgage servicing industry at the start of the housing crisis, the commercial accounts receivables industry is using too conservative an option-set for dealing with the fallout of this crisis.

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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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Real Estate Communication During The Time of COVID-19

Arbeit Software

How do you stay connected with your team and clients while maintaining social distance?

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May 4, If A Company Goes Out of Business Do I Owe Debt to Collection Agency?

Debt Collection Answers

When a company goes out of business you may still be paying on a debt you owe. Find out whether you must still pay the creditor or collection agency.

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Military families’ main worry? Financial challenges.

Albuquerque Law

Military service members and their families make many sacrifices to protect the values and people of the United States. Most service members do not expect one of those sacrifices to be financial security. And yet, many military families report that debt and financial challenges are one of the largest concerns they face. What financial issues do military members face?

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Tax Prep Dispatch: Reset Button

Prosperity Now

This Tax Prep Dispatch sorts out the news items from the disrupted 2020 filing season into a few key points.

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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?