2020

Can a Debt Collector Collect After 10 Years?

Credit Corp

Whether you have medical debt, credit card debt or unpaid student loans , getting calls or letters from debt collection companies can be frustrating. But it’s especially frustrating if your debt is several years old.

Pitfalls on the Path to Digital Debt Collection

True Accord

Banks are accelerating their adoption of new digital debt collection tools in anticipation of a “tidal wave of consumer debt issues” when government stimulus programs end and financial institutions stop offering forbearance and loan deferral options.

How to Pay Collections

Credit Corp

When you’re trying to conquer unpaid debts sent to collections, you’ll likely face some obstacles. Two of the most common are coming up with enough money to pay off the debt and negotiating a payment plan or settlement you can afford.

Transform Your Patient Collections with Technology

PDC Flow

When it comes to the technology used to manage accounts receivable , healthcare and medical billing offices lag behind many other industries. Concerns over things like HIPAA compliance and software integration have stalled software adoption – but it shouldn’t.

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.

Can a Collection Agency Report to the Credit Bureau Without Notifying You?

Credit Corp

If you or someone you know has dealt with a collection agency, you know how trying it can be. Debt collection agencies have a long history of harassment and illegal practices. Can a collection agency report to a credit bureau without notifying you? The answer might not be that simple.

More Trending

Details on the HEROES Act

Debt

When the House of Representative passed the $3-trillion HEROES Act on May 15, it all but guaranteed that a second stimulus check would arrive for Americans in need of financial help for COVID-19. How much that guarantee is worth and when it will be delivered is up to the U.S.

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Bay Area Transit District Attacks Candidate For Showing Its Logo

Public Citizen

by Paul  Alan  Levy. Much like the case of Jeremy Whittaker a few years ago, a demand letter from the general counsel of an elective transit district in the East Bay seeks to interfere with the political campaign of a candidate seeking to replace the lawyer’s bosses.

Save Money As A Family: 3 Ways To Teach Kids Good Savings Habits

Kasasa

With the average American household holding almost $100,000 in debt , there are too many families in the United States struggling to keep up financially. Parenting Tips

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What Debts Will Remain After A Chapter 13 Discharge?

Sawin & Shea

Chapter 13 bankruptcy can wipe out most kinds of debts and leave you with a much brighter financial picture. But Chapter 13 can’t discharge all types of debt you’ve taken on. Some debts will remain after your bankruptcy, although you’ll be in a much better position to handle them.

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.

Debtor profile no. 81- “Arrogant Angus”

Collect More

Everyone has dealt with an Arrogant Angus I am sure. Full of themselves, not short on confidence and always on the phone, they can be a nightmare to get money out of. Characteristics: – Massive ego. – Refers to themselves as a “disruptive entrepreneur” on their Linkedin profile. – Screens calls. – When they do answer the phone, it is with their full name only.

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Talking Points: Cloud Software Delivers Unprecedented Interoperability

NCBA Law Practice Management Blog

Most law firm data and information is ‘siloed’. What I mean by that is that most law firm software is not able to ‘talk’ to each other. In other words, data cannot be effectively pushed into or out of systems. This is most always true of premise-based systems.

Between Two FinTechs with Hunter Walk

True Accord

In our second installment of “Between Two FinTechs,” an interview series with leaders in financial technology, we have Hunter Walk , co-founder and partner of seed stage venture fund Homebrew.

5 Accounts Receivable Trends for 2021

The Kaplan Group

What will be different about accounts receivable in 2021? Most of us will be pretty eager to leave 2020 behind. But, a lot of what we’re experiencing now, will most likely carry over into the new year. At least in terms of the economy.

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.

Application of the Business Judgment Rule to Community Association Board of Directors

Jimerson Firm

The board of directors of community associations are responsible for making important decisions affecting the community and its members. As a result, disputes sometimes arise between the association and its members.

Bankruptcy Court Denies Section 546(e) Safe Harbor Protection in Fraudulent Transfer Action

PBWT

The Bankruptcy Code enables a trustee to set aside certain transfers made by debtors before bankruptcy. See 11 U.S.C. §§ §§ 544, 547, 548. These avoidance powers are subject to certain limitations, including a safe harbor in section 546(e) exempting certain transfers.

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.

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Update on the Second Round of Stimulus Checks

Debt

There are signs that another round coronavirus relief – and the $1,200 second stimulus check that’s the featured centerpiece in it – may not happen after all. Democratic leaders Nancy Pelosi (D-Calif.) and Chuck Schumer (D-N.Y.)

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A Shot Across the Bow for Copyright Trolls: Forcing Higbee Clients to Pay for Frivolous Demand Letters and Intimidation Tactics

Public Citizen

by Paul Alan Levy.

10 savings tips you should know (and FAQs to help)

Kasasa

Saving money doesn’t happen overnight. It’s a lifelong process. A skill you develop over time. And it doesn’t come naturally to everyone. For some people, the hardest part is simply getting started. Saving

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What Can I Do About Creditor Harassment?

Sawin & Shea

After you file for bankruptcy, it is illegal for your creditors to continue contacting you and asking for payments. The U.S.

The perils of taking a rocket launcher to a water pistol fight

Collect More

I don’t like to have regrets in business- I think everything we do and everything we go through, good and bad, is a learning experience and life is way too short to live in the past. But there is something I did about 5 years ago that I still kick myself over. I was engaged to provide debt collection training to a major insurance brokerage here in Queensland. The session was a tremendous success and the feedback I received from all the attendees was great.

Raise Up: Law Firms Should Increase Rates Annually

NCBA Law Practice Management Blog

The chief method for law firm business management is inertia, largely. That means you can pretty much default to lawyers doing nothing, rather than something, anything. That, of course, extends to financial management. Lawyers tend to run up accounts receivable, because they don’t bill regularly.

TrueAccord continues to grow rapidly in Lenexa, KS

True Accord

Back in 2019, TrueAccord pledged to hire 50 new Lenexa team members every year until reaching our goal of 150.

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Business Debt, Now What?

The Kaplan Group

Business debt is the hot trend no one wants to be a part of. Thanks to the global pandemic and resulting economic crisis, many businesses are having problems paying their bills. It would be great if you could take out some sort of insurance policy to help you pay bills in times of crisis.

Consolidating Your Debt? Here’s What NOT to Do

Debt Guru

Every month, you face a mound of credit card and bank statements (or your inbox fills up with them, and you have to write a separate check (or perform an individual internet transfer) for each of them. All the while, you feel like you’re no closer to zeroing out your balance on any of those debts.

Congress Closing in on Additional COVID-19 Relief

NACM

As of the morning of Dec. 17, Congress has yet to reach a final deal on the next COVID-19 relief package and omnibus government funding bill, but leadership worked through the night and has reportedly made significant progress.

2020 Amendments to the Florida Statutes Affecting Community Associations

Jimerson Firm

web polls. Each year the Florida Legislature proposes amendments to various sections of the Florida Statutes, and some of those proposed amendments involve community association governance.

Details on the HEALS Act

Debt

Congress and the White House are still debating whether the HEALS Act, HEROES Act – or some compromise Act in between – will deliver the next round of coronavirus relief to a wobbly American economy, but at least they’ve set a deadline. Well, sort of a deadline.

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