Sat.Mar 21, 2020 - Fri.Mar 27, 2020

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Fiduciary Duties And Financial Distress In The Time Of COVID-19

In the Red

The COVID-19 pandemic has caused unprecedented economic disruption, creating sudden financial distress across industries. Companies are now facing impacts ranging from a dramatic decline in revenue of uncertain duration, to potential setbacks to M&A transactions, to delayed or canceled financing rounds. With even some previously well-performing companies potentially entering the so-called zone of insolvency, it’s important to review the fiduciary duties owed by directors and officers a

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Surviving Debt – Free Book During Coronavirus Pandemic

Debt Free Colorado

Free book about dealing with debt during COVID-19. The National Consumer Law Center is offering free access to the digital version of its book, Surviving Debt, during the COVID-19 emergency. Here’s how they describe it: A leading resource for over 25 years, this fully updated, 50th NCLC Anniversary commemorative edition of Surviving Debt provides precise, practical, and hard-hitting advice from the nation’s consumer law experts on how to deal with crushing debt affecting millions of Americ

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INDIANA REPOSSESSIONS DURING COVID-19 PANDEMIC

Indiana Consumer Law Group

It is my hope in these trying times that creditors exercise restraint and avoid repossessions altogether. It seems like the right thing to do. Unfortunately, I am afraid that repossessions are still going to occur during the Coronavirus Covid-19 pandemic. If you are reading this, you are probably either concerned about your car being repossessed or it already has.

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Eight Most Commonly Overlooked Budget Categories

Debt Guru

Have you put the time and effort into creating a written monthly budget, and yet still find yourself constantly going over? Do you often find yourself pulling money from one budget item to cover unexpected expenses in another area? A well thought-out budget is a basic tool everyone should have in their financial toolbox, but if you’ve neglected to include some of the most often overlooked categories, you could be setting yourself up for failure. .

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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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NH Pretermitted Heir Appeal

McLane

Big thanks to Attorney Lisa Bellanti for calling to our attention the appeal she and Nadine Catalfimo have before the NH Supreme Court of the Probate Court’s Order in Estate of Marie G. Dow in which the Court held that a will’s choice of MA law requires that MA law governs a child’s pretermitted heir claim. From the will provision quoted by the court (it did not decide the issue), the claimant appears to have a meritorious claim under NH law.

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SURVIVING FINANCIAL DISTRESS FROM COVID-19 IN THE RESTAURANT, BAR, AND SERVICE INDUSTRY

BN Lawyers

By: R. J. Shannon, Esq. [1]. The service industry is precarious even in the best of times. Remaining profitable always requires innovation and consistent excellence to remain profitable, especially in a place with tight competition and margins like Austin. These are far from the best of times. Public health authorities have canceled major events like SXSW and closed the dining areas of bars and restaurants.

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New Debt Bill Could Impact Collection in California

Direct Recovery

Earlier this year, California State Senator Bob Wieckowski introduced a bill that would require all California debt collectors to obtain a license from the state’s Department of Business Oversight. Understandably, this news sent shock waves through the debt collection community, and it was met with a very strong positive reaction from Senator Wieckowski’s constituents.

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Cash Flow during COVID

Debt Recoveries

The COVID-19 has taken the world by surprise and we here at Debt Recoveries Australia wanted to share some tips for maintaining cash flow within your organisation in the current economic climate. Cash flow is having the right amount of cash in the right places at the right time, every time. This cash can be sourced from a few areas, such as capital investment, borrowings and the like, but the main way you want to generate cash is from profits.

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COVID-19 Update

Brown and Joseph

As we collectively deal with the current pandemic, your team at Brown & Joseph wishes you, your family, and your colleagues good health and safety.… The post COVID-19 Update appeared first on Brown & Joseph, LLC.

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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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Brit Suttell recognized by Celebrating Women in Financial Services

BN Lawyers

Britt Suttell, an associate in Barron & Newburger’s Pennsylvania office, was featured in an article about women in the financial services field. She was interviewed at insideARM’s Women in Consumer and Commercial Finance Conference. You can read the interview here. . Share List.

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Pretty Paper: Modern Lawyers Can Still Use Pen and Paper

NCBA Law Practice Management Blog

Just because you want to be a modern lawyer, that doesn’t mean that you have to give up all of your paper. For lawyers, the love of paper persists; it often hearkens back to a prior age of law practice. In practice, it’s a tactile sensation. Many lawyers just like to write on paper, to hold it. A lot of attorneys still print files to review. So, if going full electric make you uncomfortable, there is a middle ground.

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Winning in the Next Era of Collections- White Paper

Katabat

As we feel the e ffects of Covid-19 on our communities, our goal is to ensure business continuity for our clients. Now is a great time to fortify and personalize your collections strategy to prepare for the immediate and longer-term impacts. We are pleased to share the following economic insights from our partners at BCG and 2nd Order Solutions; Winning in the Next Era of Collections.

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Six Benefits of Teaching Personal Finance in High School

Direct Recovery

The concept of teaching personal finance in high school classes has picked up steam over the past few years, but it is still a long way from being a requirement across the country. Many states are open to the possibility, but personal finance classes are only required in 21 states today, and five states (including California) still refuse to even address the issue.

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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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Justice of the Peace Wharton County Precint 2

Busby Lee

Justice of the Peace Wharton County Precint 2 Justice of the Peace Wharton County Precint 2 is presided over by the Honorable Judge Cynthia Kubicek. The court is located at P. O. Box 780 East Bernard, TX 77435.

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How Debt Collection Agencies Can Implement Work From Home Policies

Arbeit Software

Along with the rest of the world, the credit and collections industry is adjusting to the "new normal" brought about by COVID-19.

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Hard to find quality tenants?

Micro Bilt

Knowing tenants' financial history and other information about their backgrounds can help landlords find quality tenants.

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New York’s Department of Financial Services Issues Regulation for Financial Institutions to Provide Relief to Consumers Suffering Financial Hardship Resulting from COVID-19 Pandemic

Consumer Finance Watch

Wayne Streibich , Diana M. Eng , Andrea M. Roberts , Scott D. Samlin. On March 21, 2020, in response to the COVID-19 pandemic, Governor Cuomo issued Executive Order 202.9, directing institutions regulated by New York’s Department of Financial Services (“NY DFS”) to provide financial relief to New York consumers experiencing financial hardship as a result of the pandemic.

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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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Dow October 21, 2019 NH Probate Court Order

McLane

This Order is offered for educational purposes only. References to law and rules may not be current or accurate. Counsel must evaluate whether the Order has utility in a given case. I am always happy to discuss general law and practice issues with counsel and can be reached via the information below. Ralph F. Holmes McLane Middleton. ralph.holmes@mclane.com (603) 628-1409 (office) (857) 278-0019 (cell). .

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Coronavirus Business Support: How Can I Protect my Company?

Hudson Weir

If you’re looking for Coronavirus business support, you’re not alone – and we’re here to help. . The novel COVID-19 coronavirus and resulting lockdowns have impacted heavily on the health and day-to-day life of individuals and families across the globe. . Concerningly, the situation is also affecting the health of companies. Almost overnight, companies of all sizes and in all sectors have run into severe difficulties. .

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How to Maintain Cohesive Communication on a Dispersed Team

Arbeit Software

Is this boom in remote work only a remedial response? Or is working from home the future?

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