Sat.May 21, 2022 - Fri.May 27, 2022

Our debt collection team feels a purpose

American Profit

There are so many important aspects when it comes to building a thriving organization. There are the obvious parts of a business such as creating a great product or service, pricing and marketing those appropriately, finding your target market and so much more.

How Much Does Debt Collection Actually Cost?

JMA

If you find yourself reading this, chances are that you’re after some help to collect outstanding debts that your business is owed.

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Technology in Collection: 21 Must-Know Buzzwords

True Accord

Your Guide to Key Terms for Today’s Debt Recovery Strategy. Reaching consumers today requires a more sophisticated process than simply dialing the phone or sending a generic email, especially when it comes to debt recovery and collection.

Trail Mix: Capturing Client Data is a Broader Conversation Now

NCBA Law Practice Management Blog

It’s always been important for law firms to archive the entire set of communications between attorneys, staff and clients (and leads). And, that’s become easier to do, over time, as technology has advanced.

Successful Change Management with Enterprise Risk Management

Speaker: William Hord, Vice President of ERM Services

Join us as we discuss the various tangents of data and the change management process that will help you make better risk-based business decisions to save time and money for your organization.

The Monetization Of Intellectual Property In Bankruptcy And Restructuring

In the Red

ABI Panel. Last month I had the honor of speaking on a panel at the American Bankruptcy Institute’s 2022 Annual Spring Meeting in Washington, D.C. The topic of our panel was the Monetization of Intellectual Property in Bankruptcy and Restructuring.

More Trending

Council hit with huge writ for Unpaid Care home fees

UK debt collections

A Council in Wales has been hit with a high court writ to recover unpaid care home fees it owes. Gwynedd Council is reported to owe a large sum to a private care home service provider.

Guide to peer-to-peer payments: Everything you need to know about P2P banking services

Kasasa

Today’s high-tech generation is all about connectivity. Advances in online banking allow users on a computer or mobile device to take care of services that could, at one point, only be done at a bank, credit union, or other financial institution. My Finances Rewards Banking Banking

Daily Digest – May 25. Appeals Court Overturns Ruling Over ‘This is An Attempt to Collect’ Disclosure; Suit Filed Claiming Debts Were Covered by Worker’s Compensation

Account Recovery

How Your Business Can Support Gun Violence Victims

Enterprise Recovery

When tragedy happens in America, regular life grinds to a halt. For business marketers and executives, their daily tasks come with heavy consequences. Both internal employees and the public often jump to conclusions based on your business' reaction or lack of reaction.

71

How Preparation and Strategy Can Be Used to Fight and Defeat Any Ransomware Attack

Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP

Through a detailed analysis of major attacks and their consequences, Karl Camilleri, Cloud Services Product Manager at phoenixNAP, will discuss the state of ransomware and future predictions, as well as provide best practices for attack prevention and recovery.

PDCflow QR Codes: Faster, Simpler, More Successful Customer-Initiated Payments

PDC Flow

Ogden, Utah – PDCflow announces the recent release of QR code payment portal links and Flow requests.

71

Business vs personal checking: What small business owners should know

Kasasa

For small business owners, any given day can include the smallest details from preparing bid proposals to changing printer ink cartridges.

Banks 83

Getting to Know Kyle Nelson of InterProse

Account Recovery

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management.

Five Stories that Matter in Michigan This Week – May 27, 2022

Fraser

Five Stories that Matter in Michigan This Week – May 27, 2022; Legal, Legislative, and Regulatory Insights. The Republican-led Michigan Senate and House recently passed $2.5 billion in tax cuts, with a party-line vote in the Senate and a more bipartisan vote in the House. The legislation was passed shortly after Governor Whitmer suggested sending $500 rebates to “working families” in Michigan.

Mandatory COVID Vaccination Policy Template

The federal government is developing a rule requiring employers with more than 100 employees ensure their workers are vaccinated or produce a negative COVID test weekly before entering the workplace. So, what can your organization do to prepare? Get Paycor’s COVID Vaccination Policy Template to help communicate important details to your employees.

CFPB Acts to Protect the Public from Black-Box Credit Models Using Complex Algorithms

Consumer Finance

Today, the Consumer Financial Protection Bureau (CFPB) confirmed that federal anti-discrimination law requires companies to explain to applicants the specific reasons for denying an application for credit or taking other adverse actions, even if the creditor is relying on credit models using complex algorithms. Press release

What Are Typical Small-Business Loan Terms?

Nerd Wallet

Small-business loan terms determine how long a small-business owner has to pay back their borrowed money, plus interest. Typical loan terms, also referred to as repayment terms, can vary from a few months to 25 years — it depends on your lender and the type of business loan.

Complaint Accuses Creditors, Agency of Attempting to Collect Debts Covered by Worker’s Compensation

Account Recovery

Council forced to sell buildings to pay debts

UK debt collections

A council is being forced to sell buildings to pay debts it has emerged. Slough Borough Council faces having to sell off most of its assets to pay off debts , government commissioners have warned.

CFPB and New York Attorney General Shut Down Debt Collection Ring

Consumer Finance

The Consumer Financial Protection Bureau (CFPB), in partnership with the New York Attorney General, filed a proposed stipulated judgment in federal court to settle its case against a debt collection enterprise and its owners and managers.

7 Ways Your Small Business Can Spend Smarter

Nerd Wallet

When you’re running a small business with tight margins, every transaction counts. Inflation and labor shortages have made it an especially difficult year for businesses already struggling due to the aftermath of the pandemic.

87

PRA Group President and CEO Honored with Community Builders Award

Account Recovery

NORFOLK, Va., May 20, 2022 /PRNewswire/ — Kevin Stevenson, president and CEO of PRA Group, Inc.,

Loans 79

Number of Businesses going bust doubles in 2022

UK debt collections

Businesses going bust and company insolvencies are at more than double their 2021 levels for the second consecutive month warns a leading Trade body. Alarming figures for April published by the Insolvency Service for England and Wales show a 115 per cent rise on April 2021.

Trade 56

Rocking the banking world

Kasasa

Are you passionate about music and media? So are we, and to prove it, have we got an account to satisfy your music cravings. Rewards Banking Banking

Banks 56

Kids’ Banking App Greenlight to Launch Family Cash Card for Parents

Nerd Wallet

Greenlight, a financial technology company offering a banking app and debit card for kids and teens to use with a parent’s oversight, is creating a credit card for parents who want to use earned rewards to invest for the future.

Banks 87

Appeals Court Overturns Dismissal of FDCPA Suit Based on Description of Debt in Letter

Account Recovery

Business insolvencies predicted to skyrocket

UK debt collections

Trade Credit insurers Allianz Trade have predicted that Business insolvencies will skyrocket. They predict company insolvencies will rise by a huge 37% this year. This would see the UK become the first big European economy to reach pre-pandemic levels of corporate insolvencies.

Trade 56

Supporting Entrepreneurship in 2022 and Beyond

Prosperity Now

The first week of May marked National Small Business Week , a time to recognize the importance of entrepreneurship to

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Commercial Construction Loans: What They Are and Where to Get One

Nerd Wallet

A commercial construction loan is a kind of business loan that helps your company cover the costs associated with building or renovating structures. You can use these construction business loans to purchase land, buy materials and pay workers.

Appeals Court Overturns Ruling Over ‘This is an Attempt to Collect’ Disclosure in Statement

Account Recovery

This is one of those cases where I am going to remind everyone that I am not a lawyer and I could be completely off-base, but as I read this ruling, I thought it offered an interesting lesson that putting the mini-Miranda on every communication might not be the best idea.