Sat.May 30, 2020 - Fri.Jun 05, 2020

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7 Inspiring Business Quotes from Black Entrepreneurs

Enterprise Recovery

As entrepreneurs, we tend to look for those who most resemble ourselves for motivation and proof of success. We all need business leaders who've trudged the path before us, helping to make the path a little clearer. Brown and black entrepreneurs, as an example, face challenges such as a lack of media coverage of diverse leaders and are less likely to receive venture-capital funding.

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What is a Judgment?

Credit Corp

A judgment is an order issued by a court of law. When you borrow money, you are legally required to repay the debt. This includes opening a credit card account, getting a line of credit from your bank and obtaining financing for a big purchase. You can also become indebted to service providers. This can include utility companies, medical professionals, cell phone service providers and auto mechanic shops.

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5 Ways Software Improves Debt Collections

Re:Ceeve

In today’s world where consumerism is rife and ‘buy now, pay later’ plans are an integral part of most transactions, an enterprise’s approach towards debt collection is essential in maintaining relationships, safeguarding the average lifetime value (LTV) of a customer and sustaining financial health. According to Statista , the average debt per adult in Europe in 2019 is a staggering $24,000 [21.860€], while the number of unpaid invoices has seen a sharp increase amid the coronavirus pandemic.

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Reports Explore Programs, Products and Services to Help Address Debt in Black/African American Communities

Prosperity Now

These three reports, focused on Addressing Debt in Black/African American communities, represent the culmination of a multi-year, applied research, racial

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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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Flexibility Act Loosens Restrictions in PPP Loan Program

Fraser

On Friday morning the President signed into law the Flexibility Act (the “Act”) making significant changes to the forgiveness portion of the Paycheck Protection Program (PPP). These changes will triple the time allotted for small businesses and other PPP loan recipients to spend the funds and still qualify for forgiveness of the loans. Flexibility Act.

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Pros and Cons of Paperless Statements

Debt Guru

In today’s virtual-reliant world, much of our day-to-day business takes place in Cyberspace. But banking and financial transactions might still make you leery. Whether it’s your monthly credit card or mortgage bill, your regular bank account statement, your quarterly 401(k) update, or another financially sensitive document, some of us prefer the piece of paper delivered to our mailbox.

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Homeownership Now and After COVID-19

Prosperity Now

This Homeownership Month, as we discuss “Homeownership Now and After COVID-19,” we will have an array of housing partners talk

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PDCflow Names Ed Bills Chief Operating Officer

PDC Flow

Ogden, Utah – Payment hub and digital communication software company PDCflow today announced Chief Technology Officer (CTO) Ed Bills as Chief Operating Officer (COO) of the organization. As COO, Bills will be responsible for all operations within the company. . In his time with PDCflow, he has been instrumental in driving the in-house development team to an agile methodology that focuses on user needs for PDCflow clients and their consumers who use the software to make payments.

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How to Get Out of a Lease: 7 Steps You Can Take

Credit Corp

Whether you’re renting an apartment, house or duplex, your home should feel like a safe place—one that’s comfortable and secure. But what if something happens that makes your apartment unsafe? Or what if you can’t make your rent? Maybe you need to break your lease, and don’t know what to do. If you’re wondering where to start, don’t worry.

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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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Can a NY Judgment Creditor Garnish PPP or Other CARES Act Funds?

FFGN COLLECT NY

With both consumers and small businesses receiving funds from the Paycheck Protection Program (PPP) and CARES Act, questions have come up as to whether these amounts can be frozen or garnished by debt collectors or creditors. Is garnishing PPP or CARES Act funds an option for satisfying outstanding monies owed to judgment creditors? Although New York has liberal laws on judgment enforcement, CPLR Sect 5222-a provides a laundry list of funds exempt from creditors’ reach.

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Time to back yourself – by Sue Chapple FCICM

CICM

4 June 2020. The country has moved to the next ‘phase’ of the COVID-19 crisis which is leading to a steady trickle of people returning to their pre-crisis working routine. For some, it’s still too early; for others, they are desperate to go back to an office, and equally desperate to create a new ‘normal’ with normal behaviours and attitudes. It is difficult: some have their eyes firmly fixed on the future whereas others cannot see a future other than one full of woe and disaster.

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Down Market: How to Advertise During a Pandemic

NCBA Law Practice Management Blog

Lots of lawyers remain unsure about what do during mass quarantining. They’re uncertain about how to move their businesses forward, so they do. nothing. That’s the wrong play. A number of law firms are shutting down intake, reducing advertising spend and limiting marketing efforts. Now, however, is exactly the time to be ramping up your efforts in marketing online.

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Background Screening Improves Quality of Hires

Micro Bilt

Hiring during the COVID-19 pandemic and subsequent shutdowns and work at home orders is facing more than a few new challenges.

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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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Partner Tom Martin part of Legislative Action Committee of the year

Price Meese

The Firm is proud to announce that the New Jersey Legislative Action Committee has been named the Legislative Action Committee of the year by the National Board of Trustees of the Community Associations Institute. Partner Thomas C. Martin, Esq. is a long-standing member of the New Jersey Legislative Action Committee and is on the forefront of legislative and regulatory issues affecting community associations across the State of New Jersey.

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Bankruptcy Sales Under Section 363: The Business Judgment Test That Judges Often Cite Isn’t Always the One They Use

PBWT

This post originally appeared in Norton Journal of Bankruptcy Law and Practice. Bankruptcy court approval is required when a debtor wants to sell property outside the ordinary course of its business. Courts will allow transactions that re?ect a debtor’s informed business judgment. When courts consider the rationale and evidence a debtor submits, they will sometimes cite the business judgment test as it has been articulated by the Delaware Supreme Court in cases involving consideration of c

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Why Driving Customer-Centric Collections is Necessary & Not Optional

Re:Ceeve

One of the biggest challenges in debt collections is trying to create an effective dunning process that ensures outstanding balances are settled promptly and customers remain loyal to your company. Deliver a poor customer experience (CX) and you’ll waste valuable resources and budget on acquisition only for them to take their business elsewhere next time around.

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April Construction Spending Slips; Better than Expected

NACM

Construction spending is still being impacted by COVID-19; however, outlays fell slightly lower than expected in April. Despite the better-than-expected fall, April's 2.9% drop was the worst since October 2018, according to Reuters. However, spending in April was 3% higher than April 2019, according to a release from the Census Bureau. Construction.

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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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How to Repay Debt: 4 Options

Debt Guru

So, you’ve got a bunch of unsecured debt. You’ve been managing it, for the most part, but you’re finally fed up. You’re more than ready to start living debt-free. Great decision! Now what? There are many different approaches for tackling debt repayment. The option you choose is strictly a personal decision – you need to find the tactic that you understand best and that you can sustain.

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Google Warns of Ongoing Online Scams

NACM

As the coronavirus pandemic continues, so do online scams. Last week, Google warned the public of the ongoing battle against phishing attacks, some often involving fraudsters stealing confidential data as well as tricking those into believing they will receive financial relief.According to Google security experts, cybercriminals have been quite act.

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