Sat.Sep 19, 2020 - Fri.Sep 25, 2020

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How a Skilled Collections Lawyer Improves Your Odds of Commercial Debt Recovery

Collections Law

It would be nice if all clients and customers paid up their outstanding balance on time, but that is unfortunately just a fantasy. Bad debt collection is as much of a part of a business as are sales. No business should get bogged down in chasing bad debts. That is why you should leave bad debt collection to the experienced aggressive debt recovery attorneys at the Law Offices of Alan M.

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A Guide to Bad Check Collection

Payment Savvy

Even though ATMs, mobile banking, and credit card payments are part of our everyday life, some people still write checks. For most of these individuals, it’s become an antiquated habit that is hard to break. For others, they take advantage of the processing lag-time to give a few extra days to receive the money they are writing the check against.

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How To Remove Allied Collection Service From Your Credit Report

Better Credit Blog

Are you concerned about a collections entry on your credit report? When debt reaches collections, it can hurt your credit score and leave you on the receiving end of seemingly nonstop phone calls and letters. If the name on your credit report and voicemails is Allied Collection Service, we can help. There’s no need to feel overwhelmed. While dealing with debt collectors can seem daunting, the tips below can help you to stop the agency’s calls and get them off your credit report.

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Plaintiff’s Attorney Ordered to Pay $27k After Judge Grants Sanctions Motion

Account Recovery

A District Court judge in California has granted a defendant’s motion for sanctions under Rule 11 and ordered a plaintiff’s attorney to pay the defendant’s legal bills of more than $27,000 after it was sued for allegedly violating the Fair Debt Collection Practices Act for using a fake summons to try and collect on a … The post Plaintiff’s Attorney Ordered to Pay $27k After Judge Grants Sanctions Motion appeared first on AccountsRecovery.net.

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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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7 Tweets on How to Be a Freelance Success

Enterprise Recovery

A recent report by Freelancer.com revealed that freelance jobs increased over 25% in the 2nd quarter of 2020. With the continuation of uncertainty in the pandemic, employers looking for a more flexible and remote workforce, even replacing some full-time positions with independent workers. Striking out on your own can be daunting but it can be done, and quite successfully.

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5 Ways Customer Success Directly Improves Cash Flow

Nexa Collect

Customer Success is an increasingly popular business buzzword. But, it’s much more than just a more creative way to say, “ customer satisfaction ” or “ customer service “ Customer Success incorporates customer and user experience, but it goes far beyond making a product or service easy to use. It’s a powerful concept that can transform every aspect of your business because it focuses on results.

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HHS Fines Vendor $2.3M for Data Breach

Account Recovery

A vendor that works with healthcare providers has agreed to repay $2.3 million after it was hacked and the personal information of more than 6 million individuals was compromised, in a settlement with the Department of Health & Human Services’s Office of Civil Rights. The vendor — CHSPSC — is owned by Community Health Systems … The post HHS Fines Vendor $2.3M for Data Breach appeared first on AccountsRecovery.net.

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5 Myths About High-Yield Savings Accounts During COVID-19

Nerd Wallet

Last year’s savings rates of 2% and higher have come and gone, but that doesn’t mean high-yield savings accounts disappeared. “There are high-yield savings accounts out there, but it’s all relative,” says Mike Schenk, chief economist for the Credit Union National Association. When the Federal Reserve cut its benchmark rate to nearly zero in March, Spencer Tierney is a writer at NerdWallet.

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How Do CDs Work?

Credit Corp

A certificate of deposit, more commonly known as a CD, is a special type of savings account. You deposit your money into the account and agree not to make any withdrawals for a certain period of time. At the end of that time, you get your money plus whatever was earned in interest back. Want to know more? We’ve got you covered. We’ll dig into traditional CDs, including what they are, how they work and whether they’re right for you.

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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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Building a Good Reputation for a Private Dental Practice

Nexa Collect

Do you remember when you were assigned your dentist? The day you pulled their name from the Hat of Dentistry. Or, if you have a practice, you must have fond memories of your patient selection ceremony. No? Of course not. People are free to choose their dentist, and practices have to work to earn their business. The primary driver of these decisions is reputation.

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VA Offers Debt Suspension to Vets Impacted by Natural Disasters

Account Recovery

The Department of Veterans Affairs has announced that individuals who have been affected by natural disasters, such as the wildfires in California and Oregon or hurricanes in the Southeast, can receive a 90-day suspension of debt collection efforts, in order to give those individuals time to get back on their feet. “Veterans and their families … The post VA Offers Debt Suspension to Vets Impacted by Natural Disasters appeared first on AccountsRecovery.net.

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6 Items to Add to Your Packing List for COVID-Era Travel

Nerd Wallet

You don’t need a travel writer to tell you that the way you travel has dramatically changed due to the coronavirus pandemi. The items on your packing list may also need to change. Of course, there are the obvious things you should add, like masks — they’re mandatory on most airlines and at pretty much. Sally French is a writer at NerdWallet. Email: sfrench@nerdwallet.com.

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Will There Still Be a Second Stimulus Check?

Debt

Remember the second stimulus check? Forget it. Members of Congress have many things on their minds between now and election day, but sending another direct payment of $1,200 to U.S. workers, is not one of them. A second round of COVID-19 relief for America’s middle-and-low income workers has taken a back seat to passing a […]. The post Will There Still Be a Second Stimulus Check?

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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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Back to School Financial Prep for Students

Credit Corp

Did you know that the average household in America pays almost $700 in preparation for going back to school? That money covers a wide range of purchases,including supplies, technology items, clothing and shoes. Depending on your age and your family’s financial situation, your parents are probably covering all your school expenses so far. Or, if you’re in high school or college, you might’ve been covering some of the costs yourself.

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More RCMs Planning to Allow Permanent Work-From-Home Privileges

Account Recovery

Only one out of four revenue cycle management companies are not planning on making any permanent changes to their operations as a result of the coronavirus pandemic, according to the results of a survey that were released this month. One-third of those companies are, for example, planning to allow more individuals to work from home … The post More RCMs Planning to Allow Permanent Work-From-Home Privileges appeared first on AccountsRecovery.net.

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6 National Parks to Visit This Fall, and Where to Stay on Points

Nerd Wallet

You may feel like this spring and summer blurred together and passed by as you stayed home amidst the coronavirus pandemic, but fall is a season that undeniably feels like change. If you want to embrace the crisp autumn air with some crunchy leaves underfoot, look no further than some of the nation’s most famous. Meghan Coyle is a writer at NerdWallet.

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Increase Debt Recovery with the ‘Goldilocks Zone of Connection’

PDC Flow

Are your collectors stuck in the friend zone with consumers? In other words, are your collectors sympathetic to consumers to the point where they feel bad asking for payment and don’t collect any money or only a small amount? Or, maybe it’s the opposite problem. Are you collectors so aggressive on collection calls that their words and behavior land them and consumers they’re speaking with in the conflict zone?

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Future-Proof Your Firm: Smarter Tech for Stronger Returns & Simpler Workflows

Speaker: Joe Wroblewski, Senior Sales Engineer

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!

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3 Sessions We’re Excited to (Virtually) Attend at Lendit Fintech USA 2020

True Accord

The LendIt Fintech USA 2020 conference is just around the corner on September 29 through October 1, with an exciting lineup of industry experts from leading traditional banks, fintech platforms, and tech companies discussing innovations in lending, digital banking, embedded finance, and more. Here are the three sessions we’re most excited to attend: 1.

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Getting to Know Doug Lapointe of Annuity Health

Account Recovery

The “Getting to Know” series is sponsored by Arbeit. Arbeit is a powerful, and easy to use communications platform that empowers businesses to reach more consumers. Innovative by nature, we are constantly listening to and understanding the businesses we partner with and developing long term industry relationships that allow us to be proactive in anticipating … The post Getting to Know Doug Lapointe of Annuity Health appeared first on AccountsRecovery.net.

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How to Invest in the S&P 500

Nerd Wallet

For those would-be investors wanting to jump into the stock market but wondering which stock to buy, legendary investor Warren Buffett has a suggestion: Try buying 500 stocks instead. “In my view, for most people, the best thing to do is own the S&P 500 index fund,” Buffett said at Berkshire Hathaway’s annual meeting in May. Tiffany Lam-Balfour is a writer at NerdWallet.

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A Divided Eleventh Circuit Holds that Incentive Awards are Prohibited

TCPA

In a decision that may have far-reaching consequences, a divided panel of the Eleventh Circuit ruled that incentive awards to named plaintiffs—which are routine in TCPA and other class action settlements—are improper. See Johnson v. NPAS Solutions, LLC, No.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

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.

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Technological innovations will drive consumer financial services to succeed during the pandemic and beyond

True Accord

Last week, Sheila Monroe, TrueAccord’s COO, was the featured guest on “Credit Eco To Go,” a consumer finance podcast hosted by Joann Needleman, a leading financial services attorney at Clark Hill. The theme was putting the “consumer” back into consumer financial services. Sheila had the opportunity to share TrueAccord’s perspectives and experiences working with consumers throughout the credit ecosystems.

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Judge Denies MTD in FDCPA Case While State Court Case is Ongoing

Account Recovery

A District Court judge in Minnesota has denied a defendant’s motion to dismiss, and in the alternative, a motion to stay a lawsuit filed by a plaintiff alleging the defendant violated the Fair Debt Collection Practices Act during the course of filing its own lawsuit against the plaintiff in an attempt to collect on an … The post Judge Denies MTD in FDCPA Case While State Court Case is Ongoing appeared first on AccountsRecovery.net.

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Can I Get a U.S. Credit Card if I Live in Puerto Rico?

Nerd Wallet

Most of the biggest U.S. credit card issuers accept applications from residents of Puerto Rico, although a couple do not. And among those that do, there are some limitations about which cards you can apply for if you live in the territory. Below is a rundown of major issuers and their policies on applications from. Sara Rathner is a writer at NerdWallet.

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Is Debt Settlement Legit?

Titan Consulting

Key Takeaways. Multiple state and federal agencies strictly regulate the debt settlement industry. Protections that went into effect in 2010 increased the oversight and scrutiny of the industry, eliminating companies that utilized unethical practices to scam consumers. All types of debt relief programs come with negative consequences, including non-profit credit counseling and bankruptcy, and will directly or indirectly negatively impact your credit score.

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Operational Strength Starts with People: The New Rules of Finance Leadership

Speaker: Melissa Hurrington

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