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.

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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.

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.

Amendments To The Federal Rules Of Bankruptcy Procedure Take Effect December 1, 2020

In the Red

Each year amendments are made to the rules that govern how bankruptcy cases are managed — the Federal Rules of Bankruptcy Procedure. The amendments address issues identified by an Advisory Committee made up of federal judges, bankruptcy attorneys, and others.

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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.

Debtor 100

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.

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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Why Your “Calling Identity” Matters

Arbeit Software

Identifying yourself as a trusted, legal caller is the first line of defense in mitigating improper call blocking and labeling events

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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.

TrueAccord Welcomes Laura Marino, Chief Product Officer, and Charles Deutsch, General Manager of Financial Services

True Accord

As the US is starting to understand the impact of COVID-19 and its aftermath on our economy, more consumers are expected to default and find themselves dealing with debt.

How to Remove Sunrise Credit Services from Your Credit Report

Better Credit Blog

If you have been contacted by Sunrise Credit Services, you are probably being pursued for an old debt. Sunrise Credit Services is a debt collector that has been hired by your old creditor to collect payment on your debt. They may also have purchased the debt to profit off your payments.

Unpaid Invoices affecting 54% of UK Businesses

UK debt collections

As the United Kingdom continues to ease its Coronavirus restrictions , 54% of current actively trading Businesses are facing piles of unpaid invoices. The results from a survey by the Office of National Statistics make for shocking reading.

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What I love about my job is helping others

American Profit

By Tracey: I have been through many changes in my life and never for one minute would I have thought I would change careers and become a collection specialist. In January I took a great leap of faith and was offered a job at American Profit Recovery. I feel it was the best thing I ever did.

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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When Is the Right Time to Be Thinking About Bankruptcy?

Sawin & Shea

Sometimes the best offense is a good defense, even when it comes to finances. If you have been hit hard by the economic upheaval of the coronavirus, filing for bankruptcy may be your best option.

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.

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.

5 tips for shopping online safely this holiday season

Kasasa

There are no two ways about it. Online shopping is the method of choice for many shoppers looking to cross things off their to-buy list.

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Arbeit Software becomes “Arbeit,” Celebrating New Brand and Direction

Arbeit Software

Introducing the updated face, new name and exciting future of Arbeit

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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.

New Report: Consumer Debt in the Age of COVID-19

True Accord

Today, TrueAccord released Consumer Debt in the Age of COVID-19 , a report exploring how debt repayment and other consumer behaviors have changed throughout the coronavirus crisis. Based on aggregated, anonymized data from 12 million U.S. consumers, the report highlights that consumers cho?se

How SBA Lenders Ensure Expense Recovery in Loan Liquidation and Litigation

Jimerson Firm

Lenders should be cognizant about what expenses are classified by the SBA as recoverable or non-recoverable. The SBA does not pay for non-recoverable expenses, such as any fee or cost incurred that was not necessary, reasonable or customary.

New Late Payment proposals to help SME’s ‘not enough’

UK debt collections

Under new proposals being drawn up by the government, large companies could now face fines or court orders if they fail to pay their smaller suppliers on time.

PMSD SUCCESSFULLY OVERTURNS NYU ACTION SUSPENDING STUDENTS FOR CONDUCT DURING SUMMER BREAK

Price Meese

Karen Edler and Jackie Esposito, attorneys in Price, Meese, Shulman & D’Arminio, P.C.’s s Education Law Group, successfully litigated an Article 78 proceeding in New York’s Supreme Court vindicating the rights of three New York University (“NYU”) students, and returning them to the classroom.

Student debt loan forgiveness for people in public service

Roths Child Law

Many college graduates in Tennessee are struggling with student loan repayments, and you might be among them.

How Can I Eliminate Tax Debts In Bankruptcy?

Sawin & Shea

One of the things that people hear about bankruptcy is that it usually doesn’t discharge some debts owed to the government, like taxes. Even if you have a large burden of tax debt that is making it extremely difficult to reconcile your finances, bankruptcy can’t always help.

6 Clever Money-Saving Hacks to Reach Your Financial Goals

Dear Debt

Post contains affiliate links. Today’s post is from my friends at Bold.org, a site where you can find exclusive scholarships and grants. Life is expensive these days, especially if you… Related Posts: Financial Literacy Matters, Especially for Women. 13 Ways You Can Make Money.

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4 Reasons NOT to Get a Payday Loan

Debt Guru

Payday [p?-?d?]: A great day that most of us regard fondly. Payday loan [p?-?d? n]: A financially detrimental debt arrangement that only benefits the lender. There’s a huge difference between these two terms.