JMA
FEBRUARY 3, 2021
Whether your business is small or large, there is a likelihood that you have customers who you provide goods or services to, with payment collected at a later date, essentially you provide your goods or services on credit. As we all know, to run a business effectively, we need to have a good positive cash. Read more » The post 9 Ways You Can Avoid Client Debts appeared first on JMA Credit Control.
UK debt collections
FEBRUARY 4, 2021
According to latest figures, Corporate and Business Insolvencies fell by 27.1% for 2020 in England and Wales. Unfortunately the statistics do not tell the whole story as many businesses in the UK are in distressed situations. There is a huge pile up of unpaid invoices in the UK with Small Businesses and organisations afraid to act. Many companies are simply waiting for ‘normal’ to return but nobody can actually forecast when that will be.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Account Recovery
FEBRUARY 4, 2021
There is a perception in the industry that compliance and empathy sit on opposite ends of a seesaw, and the ultimate goal for any collection operation is to find the balance between the two. But that is not necessarily the case. As Mary Shores and Judd Peak discuss in the latest episode of “Training Bytes,” … The post Video: How Empathy Boosts Collection Rates While Lowering Compliance Issues appeared first on AccountsRecovery.net.
Enterprise Recovery
FEBRUARY 5, 2021
Defining 'startup' isn't as simple as it would seem. To some, your business is no longer a startup when you begin turning a profit. To others, 'startup' is a state of mind, like always chasing or hustling to push out new ideas. If your company has been calling itself a 'startup', what have you determined pushes you past that startup idea? When is a startup considered a real business?
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.
Nerd Wallet
FEBRUARY 5, 2021
As millions of Americans embark on the annual ritual of tax preparation this year, many will buy tax software or hire human tax preparers — and it probably won’t be cheap. Tax software can easily run $100 or more for many people, and human tax pros charge $203 on average to do a tax return, Tina Orem writes for NerdWallet. Email: torem@nerdwallet.com.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
FEBRUARY 4, 2021
A District Court judge in Arkansas has granted a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act case after it was accused of engaging in harassing behavior by sending the same verification letter twice in a month in response to two dispute notices sent by the plaintiff and for not including … The post Judge Grants MSJ in FDCPA Case Over Disputed Debt appeared first on AccountsRecovery.net.
Debtor Daddy
FEBRUARY 3, 2021
We’re excited to announce our new partnership with invoice financing service FundTap. FundTap turns outstanding invoices into immediate cash so businesses can grow stress-free without being restricted by a shortage of cash.* Cash flow issues from long payment terms can cause serious headaches and hinder business growth. Partnering with FundTap will allow Debtor Daddy customers access to fast, simple and transparent business funding that will keep them moving forward.
Nerd Wallet
FEBRUARY 1, 2021
Black-owned banks tend to serve African Americans more than other banks do. Their mission includes closing the wealth gap in America. » Skip ahead to the list of Black-owned U.S. banks and credit unions The typical white family has eight times the wealth of the typical Black family, according to a 2019 Federal Reserve survey. Spencer Tierney writes for NerdWallet.
Jimerson Firm
FEBRUARY 4, 2021
On Wednesday, March 3, 2021 from 12:00 PM-1:00 PM, three of our partners will present 15 Critical Construction Contract Provisions: How to Use Them to Protect the Project and Your Bottom Line. This webinar is geared towards General Contractors, and it will cover fifteen critical contract provisions, what they mean for your business, and how they can affect your project.
Advertisement
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.
Account Recovery
FEBRUARY 3, 2021
AGs SEEK TO STOP SETTLEMENT IN FDCPA PROCESSING FEE CASE A group of 33 state attorneys general are attempting to intervene and stop a settlement in a class-action Fair Debt Collection Practices Act case in which a mortgage servicer was accused of charging processing fees when taking payments over the phone or via its website. … The post Daily Digest – February 3.
Sawin & Shea
FEBRUARY 2, 2021
Have you wondered what will happen to your credit report during and after your bankruptcy? When you’re working with a bankruptcy attorney at Sawin & Shea, one of the services we offer is reviewing your credit report. Here’s why we do so and why it will be a huge help to you. And good news – it comes at no charge and is just part of the services we offer.
Nerd Wallet
FEBRUARY 3, 2021
Moms and dads who want to teach their kids about money have some trendy tools at their disposal: kid-focused mobile banking apps, many of which come with personalized debit cards. They teach kids how to save and spend (with mom or dad safely supervising account use) and make it easy to give an allowance. But. Margarette Burnette writes for NerdWallet.
Jimerson Firm
FEBRUARY 1, 2021
On Tuesday, March 23, 2021 from 10:00 AM-11:00 AM, four of our partners will present Properly Handling Mortgage Foreclosures: Learn Solutions for Streamlining the Process, Overcoming Obstacles & Maximizing Recovery. How to handle mortgage foreclosures properly the first time around requires attention to the details and specific knowledge. This webinar will highlight common problems encountered during foreclosures while offering effective solutions to each issue.
Advertisement
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.
Account Recovery
FEBRUARY 3, 2021
A credit reporting agency has filed its brief with the Supreme Court as it seeks to have a class of plaintiffs decertified in a Fair Credit Reporting Act case that will answer the question of whether every member of a class must have Article III standing in order to recover damages, which could significantly impact … The post TransUnion Makes Case to Decertify Class in $40M FCRA Case appeared first on AccountsRecovery.net.
True Accord
FEBRUARY 1, 2021
Watch the full recording here , or read on to learn more about this webinar. Poor customer experience. Compliance challenges. Reputational risk. These are some of the factors that have prevented lending organizations – from areas as diverse as Fintech, utilities, service organizations, property management, telecommunications, and more – from investing in debt collections.
Nerd Wallet
FEBRUARY 1, 2021
If you have high-interest consumer debt, getting control of your money in the new year might sound overwhelming. Most Americans say the COVID-19 outbreak has caused financial stress, according to a survey released in October by the National Endowment for Financial Education, with 30% listing debt as their top stressor. Despite the pandemic, you can.
Jimerson Firm
FEBRUARY 3, 2021
In Florida, lenders may find themselves foreclosing on real property with a mobile home attached to the land. Initially, a mobile home is considered personal property (like a vehicle) and is titled by the Department of Motor Vehicles. However, a mobile home may be “retired” to the real property and become part of the real property. If the mobile home has been retired and is part of the real property, it will be included in the foreclosure.
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?
Account Recovery
FEBRUARY 1, 2021
February 1, 2021. Wenatchee, Washington. An ARM industry leader in technologies, geared to making companies more profitable and successful, Applied Innovation, enthusiastically announces the promotion of Harry A. Strausser III to President. In his new role, Strausser will guide the corporation into 2021, the company’s 20th anniversary, and beyond. New projects on the horizon include … The post ARM Industry Veteran Promoted to President of Applied Innovation appeared first on AccountsReco
Prosperity Now
FEBRUARY 2, 2021
It is an exciting time for those of us who care about building financial security for low-income communities and narrowing
Nerd Wallet
FEBRUARY 5, 2021
This article provides information and education for investors. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. On Jan. 28, 2021, the U.S. cryptocurrency exchange Coinbase announced its plans to go public via a direct listing, a strategy that Slack and.
Jimerson Firm
FEBRUARY 5, 2021
When a SBA loan is in liquidation status, lenders and authorized CDC liquidators are required to perform “Prudent Liquidation.” This means that lenders and authorized CDC liquidators must liquidate and conduct debt collection litigation in a “prompt, cost-effective and commercially reasonable manner, consistent with prudent lending standards, and in accordance with loan program requirements.” 13 C.F.R. § 120.535(b).
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?
Account Recovery
FEBRUARY 1, 2021
The Consumer Financial Protection Bureau on Friday updated its list of consumer reporting companies that provide information about credit reports, employee background checks, tenant screening, gaming, and more. The update is an annual refresh that is performed by the CFPB to provide consumers with a comprehensive, but not exhaustive, list of companies that may be … The post CFPB Updates List of Consumer Reporting Companies appeared first on AccountsRecovery.net.
Better Credit Blog
FEBRUARY 4, 2021
Are you concerned about a collections entry from Delivery Financial Services? The entry is likely on your account because you forgot to pay a bill. While falling behind on a payment or two might not seem like a big deal, collections-stage debt can do substantial damage to your credit. For that reason, it’s important to take the necessary steps to get collection accounts off your credit report.
Nerd Wallet
FEBRUARY 1, 2021
Which seems like a better use of money — more than a decade of federally funded cancer research or one year’s worth of fraudulent insurance claims? The price tags, it turns out, are the same: $80 billion. Insurance fraud is a widespread and continuous problem in the United States, according to David Glawe, president and. Doug Sibor writes for NerdWallet.
Jimerson Firm
FEBRUARY 2, 2021
If a borrower defaults on a SBA loan, the lender or CDC must assess the environmental risk of contamination before conducting any liquidation action that could result in a loss, or otherwise increase the risk of loss, due to the actual or alleged presence of contamination. Lenders and CDCs assess the environmental risk of contamination by conducting an Environmental Investigation, which may include an Environmental Questionnaire, Records Search with Risk Assessment, Transaction Screen Analysis,
Advertisement
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.
Expert insights. Personalized for you.
52 
Let's personalize your content