Sat.Mar 06, 2021 - Fri.Mar 12, 2021

article thumbnail

What Happens If I Miss a Mortgage Payment?

Credit Corp

The following is a guest post by Kalicia Bateman, a finance editor for Best Company. When you’ve missed a mortgage payment your mind may immediately spiral to foreclosure. Foreclosure. It’s a big, scary word. But, it should bring you some peace of mind to know that foreclosure is not the immediate consequence for missing a loan payment. Foreclosure doesn’t really come up until you’ve missed two or three payments.

article thumbnail

Five Key Commercial Lease Provisions for Commercial Tenants

Jimerson Firm

A business owner may enter into a commercial lease for purposes of renting space to operate its business activities. Unlike residential leases, a commercial lease should not be a one-size-fits-all lease. Under Florida law, non-residential tenancies (commercial tenancies) are governed by Sections 83.001-82.251 of the Florida Statutes. Business owners, or tenants, may be able to negotiate many of the provisions of their commercial lease with the landlord, and make it more customizable to fit their

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

4 Reasons healthcare collections need to be cordial

American Profit Recovery

If you are running any type of healthcare facility or medical practice, we know how hard you have worked to cultivate new patients. It can take years to build a thriving practice and along with the best medical care, the way you do that is to provide a warm and welcoming environment at every phase of the patient experience. The patient experienced starts from that first phone call for care all the way through how that person is treated in the office, by all levels of staff, and after the visit.

article thumbnail

Daily Digest – March 10. New Series Tackles Real-World Credit Reporting Scenarios; Appeals Court Overturns Dismissal of FDCPA Suit

Account Recovery

NEW SERIES TACKLES REAL-WORLD CREDIT REPORTING SCENARIOS Of all the different parts that make up collecting debt and running a successful collection operation, perhaps the most risky and complicated component is credit reporting. Collection agencies that opt to furnish information to credit reporting agencies face significantly more risks than those that do not furnish information, … The post Daily Digest – March 10.

article thumbnail

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.

article thumbnail

HR Tech SaaS Companies Are Transforming the HR Industry

Enterprise Recovery

In every business, employees are the most powerful and often, most expensive, resources. Human resources managers are tasked with hiring the best people in the most efficient manner, onboarding them quickly and supporting the overall employment experience within the company. It's quite the challenge to manage all of the paperwork, changing job specifics and the actual human resources.

155
155

More Trending

article thumbnail

Best Online Banks of 2021

Nerd Wallet

See a summary of our picks for best online banks Best Online Banks of 2021 Synchrony Bank Varo Chime Alliant Credit Union Marcus by Goldman Sachs Ally Bank Discover Bank Nationwide TAB Bank GoBank UFB Direct Radius Online banks and banking service providers offer desktop and mobile banking services without physical branches. Because online institutions.

Banks 119
article thumbnail

New Series Tackles Real-World Credit Reporting Scenarios

Account Recovery

Of all the different parts that make up collecting debt and running a successful collection operation, perhaps the most risky and complicated component is credit reporting. Collection agencies that opt to furnish information to credit reporting agencies face significantly more risks than those that do not furnish information, but the payoff is the expectation that … The post New Series Tackles Real-World Credit Reporting Scenarios appeared first on AccountsRecovery.net.

article thumbnail

Stock Trading: How to Get Started and Make More Money

Credit Corp

This post originally appeared on Your Money Geek. Stock trading has become synonymous with building wealth today. Several decades ago, stock trading was something done only by the rich on Wall Street. However, today, with fast computers and online brokers, online trading has the lowest barriers to entry in its history. With the advent of online trading, anyone can register for an account with an online brokerage and buy and sell stocks within minutes.

Trade 105
article thumbnail

Consumer Financial Protection Bureau Rescinds Abusiveness Policy Statement to Better Protect Consumers

Consumer Finance

On March 11, 2021, the Consumer Financial Protection Bureau announced it is rescinding its January 24, 2020 policy statement, “Statement of Policy Regarding Prohibition on Abusive Acts or Practices.”.

102
102
article thumbnail

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.

article thumbnail

How to Travel to the Caribbean on a Budget

Nerd Wallet

White sandy beaches provide a restful reprieve from daily stresses. Secluded shores and remote islands encourage natural social distancing. And, if you’re coming from the U.S., you’ll get to explore a new region without too much jet lag. For these reasons, plus a high level of affordability, the Caribbean makes a solid choice for a. Sally French writes for NerdWallet.

116
116
article thumbnail

Appeals Court Affirms Dismissal of FDCPA Over Issue with Collection Lawsuit, Lack of Title Chain

Account Recovery

The Eighth Circuit Court of Appeals has upheld the dismissal of a pair of lawsuits filed against a collection law firm that accused it of violating the Fair Debt Collection Practices Act because it included “disbursements” in a statement of claim document when collection lawsuits were filed against the plaintiffs, and because the debt buyer … The post Appeals Court Affirms Dismissal of FDCPA Over Issue with Collection Lawsuit, Lack of Title Chain appeared first on AccountsRecov

article thumbnail

How to Foreclose on Mortgaged Land in Different Counties

Jimerson Firm

In Florida, foreclosure actions must be brought in the county where the land is located. This is typically referred to as the “local action rule.” However, lenders often wonder where they should file the foreclosure action if the loan is secured by mortgaged land situated in different counties. Luckily, the Florida legislature answered this question by creating Section 702.04 of the Florida Statutes , which created an exception to the local action rule for mortgaged land in different counties.

article thumbnail

Remember these top tax tips if your debts get cancelled

Roths Child Law

If you’re going to go through bankruptcy or to look for other methods of having debt cancelled, it’s important to know how your taxes are affected by that decision. When a lender cancels any part of your debt, that debt becomes income in most cases. What that means is that you are expected to pay tax on that income, just like you would on income from a job.

article thumbnail

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.

article thumbnail

5 Things to Know About the Tomo Card

Nerd Wallet

The Tomo Card, created by San Francisco-based startup TomoCredit, is a credit card for those with no credit or poor credit (FICO scores of 629 or below) who want to establish a credit history without carrying a monthly balance. Unlike a lot of cards that target a similar audience, there’s no annual fee, security deposit. Melissa Lambarena writes for NerdWallet.

Startups 110
article thumbnail

Bill Seeks to Exclude Evictions From FCRA

Account Recovery

A bill has been introduced in the House of Representatives that is seeking to amend the Fair Credit Reporting Act to exclude evictions that have occurred during the COVID-19 pandemic from consumers’ credit reports. H.R. 1594 was introduced last week by Rep. Greg Stanton [D-Ariz.]. It has picked up 14 co-sponsors since it was introduced, … The post Bill Seeks to Exclude Evictions From FCRA appeared first on AccountsRecovery.net.

246
246
article thumbnail

Can Banks be Liable for Processing or Underwriting a Loan that a Borrower Cannot Afford?

Jimerson Firm

Oftentimes, individuals or businesses borrow money from a bank or lender, and unfortunately, are unable to pay the loan payments. In this event, the borrower may try to shift the blame of their inability to pay on the bank or lender, by filing a claim for negligent loan processing or underwriting, and/or breach of fiduciary duty. Based on this, it is important for banks and lenders to know if they can be liable for processing or underwriting a loan, which the borrower ends up not being able to a

Banks 98
article thumbnail

Bankruptcy and Your 2021 Stimulus Check

Sawin & Shea

When the first stimulus checks were distributed in the U.S. in 2020 due to the COVID-19 crisis, it came as a huge relief for millions of people. But for those contemplating bankruptcy, it brought a new worry. “Will bankruptcy take away my stimulus check?”. This has become a common question for bankruptcy attorneys across the nation. So let’s clear up your concerns about bankruptcy and your stimulus money.

article thumbnail

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!

article thumbnail

5 Things Agents Wish People Knew About Insurance

Nerd Wallet

Insurance is notoriously complicated, and few people have the time or desire to pore over their policies. But some basic knowledge can go a long way — and that’s where an insurance agent can help, by clearing up some of the most common misconceptions they encounter. Here are five things agents say are helpful for. Sarah Schlichter writes for NerdWallet.

article thumbnail

Bedard Breaks Down How Reg F Addresses Unfair and Unconscionable Collections

Account Recovery

Section 1006.22 of Regulation F — the Consumer Financial Protection Bureau’s debt collection rule — is the section that suffers from a bit of a technology identity crisis, but still includes some new wrinkles in laying out the kinds of behavior that are prohibited when attempting to collect on unpaid debts. In the newest episode … The post Bedard Breaks Down How Reg F Addresses Unfair and Unconscionable Collections appeared first on AccountsRecovery.net.

article thumbnail

eDriving Helps Riskiest Drivers Reduce Collision Risk

Fico Collections

Improved Driving Using Smartphone Telematics and Scoring Analytics . Every year there are approximately 1.35 million fatalities in traffic collisions worldwide. eDriving SM , a leading global provider of digital driver risk management programs, has partnered with FICO to create scoring algorithms to capture driving behavior and develop a transformational predictor of a drivers’ risk level designed to help them reduce their risk of future collisions.

article thumbnail

14 Frugal Living Tips You Can Implement Today

Credit Corp

This post originally appeared on The Financially Independent Millennial. Table of contents. Learn to Say “NO” to Unnecessary Expenses #14: Take Advantage of Available Loyalty Programs #13: Consider Renting over Buying #12: Start a Wish List #11: Track Your Expenses #10: Save Your Money in Different Accounts #9: Organize Your Bills #8: Stop Monthly Subscriptions #7: Avoid Carrying Too Much Cash and Credit #6: Create a Strict Grocery Budget #5: Avoid Going out to Expensive Restaurants

Banks 98
article thumbnail

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.

article thumbnail

Smart Money Podcast: Pandemic Debt and Moving Costs

Nerd Wallet

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion of the economy’s K-shaped recovery and how that may affect how you deal with pandemic-related debt. Then we pivot to this week’s question from Emerson, who writes, “I’m planning a big move across the country. Liz Weston writes for NerdWallet.

105
105
article thumbnail

Daily Digest – March 9. Bedard Breaks Down New Section of Reg F; Appeals Court Affirms Dismissal of FDCPA Suits

Account Recovery

BEDARD BREAKS DOWN HOW REG F ADDRESSES UNFAIR AND UNCONSCIONABLE COLLECTIONS Section 1006.22 of Regulation F — the Consumer Financial Protection Bureau’s debt collection rule — is the section that suffers from a bit of a technology identity crisis, but still includes some new wrinkles in laying out the kinds of behavior that are prohibited … The post Daily Digest – March 9.

article thumbnail

Exciting new leadership at K2C!

Prosperity Now

Last December, San Francisco’s Kindergarten to College (K2C) program welcomed a new program manager, Mohan Kanungo.

88
article thumbnail

How to Find the Right Online Personal Loan for You

Credit Corp

Everything is online these days—including personal loans. Online lenders make it easy to compare rates and terms and find the right online personal loan for your situation. Personal loans were the fastest-growing category of consumer debt in 2019 , according to a survey from J.D. Power—and the internet has made the loan application and lending process easier than ever.

article thumbnail

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