Sat.Feb 17, 2024 - Fri.Feb 23, 2024

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Top 5 things your invoice MUST have

Collect More

We see a lot of invoices. At least few hundred each week. Most are templates from accounting software like Xero and MYOB. Some are handwritten. And almost every single one will have been issued with the assumption that the money will follow soon after. But have you ever thought about how much importance your invoice has on getting you paid? We’re here to tell you- a LOT.

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Debt ridden TV Celebrity has horse seized by Bailiffs

UK debt collections

Debt ridden TV celebrity Katie Price has been hit by another devastating blow amid her battle with bankruptcy, as her beloved horse has reportedly been taken away by bailiffs. The reality star already owes thousands of pounds in unpaid tax , and neighbours are now claiming her beloved steed Wallis has been taken away until she repays her debts. Katie purchased her horse for £250,000 back in 2009, and regularly shares snaps of him on social media.

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A Bright Future for Baby Bonds

Prosperity Now

In January 2022, Prosperity Now and the Institute on Race, Power and Political Economy at the New School collaborated on the first paper to outline the essential elements of state and local level Baby Bonds policies. Since then, Baby Bonds have launched in Connecticut and become a hot policy topic from the halls of legislatures to the offices of state treasurers across the US.

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Do you feel bad about filing for bankruptcy?

Roths Child Law

A lot of people delay filing for bankruptcy for a considerable time. While it is essential that you take your time to consider if it is right for you and to look for alternative solutions, delaying the inevitable can prolong your agony. Having debt you cannot afford to pay back can play havoc with your mental health, and filing for bankruptcy can help a lot.

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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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Why Do You Get Debt Consolidation Loan Mailers

Debt Collection Answers

“ Pre-Screen Firm Offer of Credit ” might sound like jargon, but understanding its implications is crucial for anyone navigating the realm of credit and debt consolidation. This article aims to shed light on what pre-screen firm offers entail, their significance, and how debt consolidation lenders acquire your information to send those enticing marketing mailers.

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CFPB Orders Federal Supervision for Installment Lender Following Contested Designation

Consumer Finance

The Consumer Financial Protection Bureau (CFPB) today published an order establishing supervisory authority over installment lender World Acceptance.

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Financial Empowerment for the Underserved: An Interview with Adrian Gomez of United Way of Pueblo County, Bank On Pueblo County?

Prosperity Now

Bank On Pueblo County, a component of United Way of Pueblo County located in Pueblo, Colorado, is a coalition working to increase financial wellness efforts in the community. We interviewed Program Coordinator, Adrian Gomez, to learn more about the organization (a Prosperity Now Community Champion!), their Bank On Program, advocacy efforts and goals for 2024.

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Football Club facing liquidation unless buyer found

UK debt collections

Well known Northern English Football club Rochdale FC are facing the very real prospect of liquidation as things stand. Rochdale currently sit mid-table in the National League and its not just on the field that they have being having problems. They need new investment by the end of March otherwise the National League club could face the prospect of liquidation, chairman Simon Gauge has warned.

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Getting to Know Robert J. Reilly of RTR Financial Services

Account Recovery

I am thrilled to announce that the Getting to Know series will be sponsored by TEC Services Group in 2024. TEC Services Group is the leading technology and professional services firm in the credit collections industry offering both leading industry solutions along with unrivaled, unbiased, and experienced support.

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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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Expense Ratio Explained: What Is It and How to Find It

Credit Corp

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. An expense ratio is how much it costs to operate a fund compared to the total value of its assets. The lower expense ratios between 0.5% and 0.75% are ideal.

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Recent Trends and Common Allegations in FCCPA Litigation

Jimerson Firm

The Florida Consumer Collection Practices Act (FCCPA) is a pro-consumer statute. Unlike the FDCPA, which only applies to debt collectors, the FCCPA applies to all persons or businesses collecting consumer debts. As such, all businesses need to be aware of the statute and the risk and potential liability associated with the statute. Over the past few years, there have been new trends relating to the FCCPA and consumer litigation in general.

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Building Power in Black Communities Starts with Investments in Black Communities

Prosperity Now

"I think hopelessness is the enemy of justice. I think injustice prevails where hopelessness persists.

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Daily Digest – February 23. Complaint Accuses Collector of Filing Suit After Debt Had Been Paid; Ed. Dept. Cancels $1.2B More in Student Loans

Account Recovery

Complaint Accuses Collector of Filing Suit After Debt Had Been Paid Judge Denies Competing Summary Judgment Motions in FDCPA Case Over BK Encore Capital Reports Net Loss for 2023, but Says 2024 is Shaping Up to be a Banner Year Ed. Dept. Cancels $1.

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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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Claims Management company closes suddenly due to large debts

UK debt collections

A north west Claims Management company running financial mis-selling claims has closed, announcing on its website that cases have been transferred. The Law Gazette reported that Legal UK Services Ltd , based in Altrincham, told clients last week that it had appointed insolvency practitioners and would cease trading within weeks. That process appears to have been accelerated this week as the firm stated that all live cases had been transferred to neighbouring Cheval Legal.

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TCPA and FTSA Consent Checklist

Jimerson Firm

In Florida, the Telephone Consumer Protection Act (“TCPA”) and the Florida Telephone Solicitation Act (“FTSA”) limit the use of automated systems for placing automated calls and sending automated text messages. Both the FTSA and the TCPA permit the use of automated dialing systems if the caller obtains the called party’s “prior express written consent.

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What Is A Private Company Limited By Shares?

Hudson Weir

In this guide we’ll explain the benefits of running a business as a private company limited by shares – including how this protects directors if it becomes insolvent. There are more than 5m limited companies registered in the UK, with over 500,000 new ones incorporated each year, according to Companies House. Most of these are companies limited by shares.

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Judge Denies Competing Summary Judgment Motions in FDCPA Case Over BK

Account Recovery

A Magistrate Court judge in Illinois has denied competing summary judgment motions in a Fair Debt Collection Practices Act case, ruling the plaintiff failed to follow proper procedure and that the defendant is not entitled to the FDCPA’s bona fide error defense that it initiated collection activity on a debt that had been discharged in […]

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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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Debt Consolidation vs. Bankruptcy

Credit Corp

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Debt consolidation combines multiple debts into one and can help your credit score. Bankruptcy can reduce your total debt at the cost of ruining your credit.

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Maryland District Court Opinion Explores Complexities of TCPA Consent and Revocation

TCPA

In the recent opinion of Smith v. ExamWorks, LLC, No. 21-2746, 2024 WL 622102 (D. Md. 2024), the District of Maryland analyzed the nuances of consent and revocation under the TCPA.

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CFPB Issues First Report on Results of Its Updated Terms of Credit Card Plans Survey

Troutman Sanders

Recently, the Consumer Financial Protection Bureau (CFPB or Bureau) issued its first report on the results of its updated Terms of Credit Card Plans survey. The report found that for the first half of 2023, small banks and credit unions often offered lower interest rates than the largest 25 credit card companies across all credit score tiers. The CFPB’s survey included data on 643 credit cards from 156 issuers (84 banks and 72 credit unions), as offered during the first half of 2023.

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State Raises Nearly $23,000 for Special Olympics

Account Recovery

(MADISON, Wis., February 21, 2024) – On a recent Saturday morning, 10 State team members jumped into the freezing waters of Madison, Wis., to raise money for Special Olympics!

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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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Can You Buy a House After Bankruptcy?

Credit Corp

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Getting back on your feet after bankruptcy can be a gradual process, but it doesn’t mean you have to give up on your dream of buying a home.

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Chapter 13 and Gambling Debt

Sawin & Shea

Gambling debt can have a devastating impact on your life. Debts can pile up quickly and overwhelm your finances before you have a chance to catch up. Because of this, filing for bankruptcy is often one of the only options you may have. Below, we’ll break down how gambling debt fits into Chapter 13 bankruptcy and how you can prepare if gambling bankruptcy is the next step that you need to take.

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Third Circuit Finds Pennsylvania’s Consumer Discount Company Act Does Not Apply to Debt Collectors

Troutman Sanders

In representing fintech companies and other lenders, we increasingly confront claims against debt buyers or entities with bank partner relationships brought under Pennsylvania’s Consumer Discount Company Act (CDCA) and the Loan Interest and Protection Law (LIPL). This article highlights a recent case addressing the CDCA decided by the United States Court of Appeals for the Third Circuit.

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State Appeals Court Overturns Ruling in Favor of Debt Buyer on Grounds it Did Not Have Enough Proof it Bought Account in Question

Account Recovery

In a ruling that could cause ripples throughout the debt buying and collection industry, a state Appeals Court in Virginia has overturned a lower court’s decision in favor of a debt buyer, ruling that the debt buyer had “scanty and incomplete” evidence to prove it owned the debt and thus had a right to collect […]

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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