This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
By Derek: Approximately four months ago, our company made the decision to close the office due to Covid-19, and provide all the employees with computers so they could continue to work from home. It was a drastic change at the time. Everyone was uncertain of what the future held for us, as well as what issues may arise from the switch to working from home.
We're all months into this pandemic and doing our best to work outside the office. Whether you're working on your own business at home or working for someone else, time management can be a challenge amidst distractions like children and chores. The "new normal" is to accomplish everything that you did before even. while. you. keep. getting. interrupted.
As a dentist, you have chosen a fulfilling line of work that is constantly evolving. Dentistry has made rapid strides with innovation and advancements in technology over the years, so the learning curve of this professional always remains steep, fully engrossing you in the process. While being a dentist is an honorable profession, it is also highly competitive.
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.
By Austin: I was hired at American Profit Recovery in October of 2019. Before this job I have never worked in an office setting. I was either doing manual labor or just on my feet all day. When I first interviewed with Greg I honestly didn’t believe he could be a debt collector because he was too nice. Growing up, I experienced collectors calling my relatives regarding their past due debts, and (based on the stress they displayed) I developed this thought in my head that debt collectors are in
Owning a small or medium business can be especially frustrating when your clients are paying late or not at all. It's good to note that how you respond to these situations will affect the success of the debt collections and if you can retain the client as a customer. In this post, we will offer tips to ensuring your invoices are paid on time and we will share how and when you should send a business to collections.
Sign up to get articles personalized to your interests!
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Owning a small or medium business can be especially frustrating when your clients are paying late or not at all. It's good to note that how you respond to these situations will affect the success of the debt collections and if you can retain the client as a customer. In this post, we will offer tips to ensuring your invoices are paid on time and we will share how and when you should send a business to collections.
The storm is coming. American consumers will be filing personal bankruptcies in record numbers by the end of 2020. That is the projection from bankruptcy attorneys, bankers and other experts who project that the COVID-19 era will lead to a historic financial tsunami. “Tsunami, hurricane, flood, bloodbath … there are a variety of words you […].
When you’re considering Chapter 13 bankruptcy, you’re also wondering how much of your debt you’d be obligated to pay back. Plus, you need to know how much time and paperwork it will take. Let’s take a look at a debtor’s obligations under Chapter 13 bankruptcy. This could be an excellent choice for you, depending on your situation. What Is A Chapter 13 Bankruptcy Plan?
Debt collection is a highly regulated industry and as such, is notoriously slow to change. While there are a number of reasons for this , the end result is a growing gap between consumer’s expectations and the services creditors offer. . TrueAccord’s recent report, Consumer Debt in the Age of COVID-19 , found that during times of economic uncertainty, this gap can grow even wider.
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.
After months of searching, planning and saving, you’re finally ready to apply for a mortgage. You think you have all your ducks in a row—you have great credit and a killer history of making your loan payments on time. But there’s one small hiccup. A lender noticed that you’ve had a recent, slightly unusual cash deposit in your bank account. Even though the cash deposit is perfectly explainable, it still stalls the mortgage process.
Generally, a commercial landlord does not have a duty to mitigate or reduce its damages after a tenant breaches the commercial lease agreement. See Coast Fed. Savs. & Loan Ass’n v. DeLoach , 362 So. 2d 982, 984 (Fla. 2d DCA 1978). However, there is an exception where the commercial landlord retakes possession of the premises for the benefit of the tenant.
What will the Seila decision mean for the ARM industry and the pending debt collection rule? The only concrete takeaway from last month’s Supreme Court decision in the case of the Consumer Financial Protection Bureau (CFPB or Bureau) v. Seila was that the CFPB remains a federal independent agency whose director will now answer to the President. What is still unknown is the status of past CFPB actions like supervision, enforcement and rulemaking, especially the debt collection rule, which was sti
Six months in, it’s safe to say 2020 is not the year that anyone expected. The worldwide spread of COVID-19 has ushered in a wave of unprecedented health and economic uncertainty that has rippled through every aspect of life. In our report, Consumer Debt in the Age of COVID-19 , we studied the impact this crisis has had on consumers so far and what it means for the months ahead, based on digital debt interaction data from more than 12 million consumers.
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.
What do you need your credit score for? In a nutshell, a lot. Credit cards, loans, mortgages, APR, even renting an apartment—whether or not you qualify is based largely on your credit score. If your credit is less-than-ideal, you know it can make your life just that much harder. Having a bad credit score can hold you back. It can keep you from feeling in control of your life.
New research shows that there has been no real improvement in the speed at which Large companies are paying their suppliers. The research conducted by Accountancy firm Moore has shown that 41 days is the average waiting time for payment. This is the same as it was in 2015. The past five shows that despite initiatives to curb the problem, no real progress has been made with large companies just ignoring all legislative initiatives.
The Consumer Financial Protection Bureau filed a lawsuit against Townstone Financial, Inc., a nonbank retail-mortgage creditor based in Chicago, for violations of the Equal Credit Opportunity Act; its implementing regulation, Regulation B; and the Consumer Financial Protection Act.
Recessions, virus epidemics or even just company-specific problems, can all dent the cash-flow and threaten the very existence of your business. The best way to increase cash-flow is to collect your outstanding debts (account receivables). So here’s some tips,from a debt collector, on increasing cash-flow by doing your own debt collection. Follow this guide and watch your bank balance increase!
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!
If collection agents like me are calling you, you need to reduce your debt. The Covid-19 pandemic has been hard on a lot of businesses and business owners. People who have never been late with a payment in their life are suddenly facing a pile of bills. To avoid your account being sent to collections, you need to find ways to reduce your debt. 1. Prioritize your bills.
When you apply for a loan or bank card, the lender will request a copy of your credit report to evaluate your risk. By applying for the loan in the first place, you are authorizing the lender to receive a copy of your credit report from one of the three major credit bureaus. Each time this happens, it is known as a credit inquiry and can affect your credit score.
The Consumer Financial Protection Bureau released a report indicating that a credit builder loan could increase the likelihood of establishing a credit record for consumers without one, and could help improve the credit scores of those with no current outstanding debt.
Issues for Nonprofit Corporations During the Pandemic and How to Properly Conduct Remote Meetings. Listen to Fraser Trebilcock attorney Ed Castellani discusses nonprofit matters relating to restarting operations after the COVID-19 lockdown. Click HERE to learn more about our practice involving corporations and limited liability companies. Click HERE to learn more about our nonprofit organizations practice.
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.
Cash before breakfast! Why Cash Allocation is the top priority in your order-to-cash process. A best-in-class order-to-cash (O2C) software solution needs to be best-in-class at all stages of the O2C process if you are to ever zero down on your delinquent DSO days, maximise your AR cashflow position and collections efficiency index. But doing everything all at once is not typically the best way to go.
It’s a situation that no one wants to be in. You’re getting phone calls and letters from a company demanding that you make payments on an old debt. You may not even remember having the debt in the first place. But one thing is clear; this company is not going anywhere. First Financial Asset Management is one such company that may come after you for an old debt.
The Consumer Financial Protection Bureau announced that it issued a Compliance Assistance Statement of Terms Template (CAST Template) under its Compliance Assistance Sandbox (CAS) Policy to Build Commonwealth, Inc (Commonwealth).
Troutman Pepper attorney Ron Raether will present during the virtual panel, “ The Legal View of Response Plans, Tabletop Exercises and Preparing for the Unexpected ,” at the ISMG Virtual Cybersecurity Summit. Ron will discuss the legal trends and potential traps as it relates to breach response and tabletop exercises in light of COVID-19 and CCPA. To register, please click here.
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
Input your email to sign up, or if you already have an account, log in here!
Enter your email address to reset your password. A temporary password will be e‑mailed to you.
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content