2021

6 reasons why you MUST ask for a part payment.

Collect More

Everywhere I go, everyone I talk to, every business that I help I recite my mantra: “What is the absolute most you can pay today?” ” These 9 words are the reason we collect millions of dollars every year and teach others to do the same. Most people have the same limited mindset- full amount or zero. Everything or nothing. Almost nobody thinks about that enormous middle section- part payments. Something, not everything, instead of nothing.

Task(s) at Hand: Tools for Managing Your Practice Responsibilities

NCBA Law Practice Management Blog

Most attorneys feel overwhelmed by everything they need to do. Especially for solo and small firm lawyers, this can be crushing. It helps to take a step back, redefine your goals, reset your tasks, and focus on what you need to do now.

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Personal loan scams and traps to avoid

Kasasa

Most of us have been in a pinch where we needed some extra cash, fast. Maybe you can’t make your paycheck stretch far enough and need a little assistance to float you until next month.

Bankruptcy and Tax Refund Strategies

Sawin & Shea

As tax time approaches, it’s the perfect time to think about how you can make good financial decisions. For someone who’s pursuing Chapter 7 bankruptcy , this is especially important.

Construction Bid Protests in Florida: Top 10 Things Contractors Should Know

Jimerson Firm

Once a contractor in Florida receives notice that an agency soliciting bids intends to award a contract to another bidder, the contractor may wonder why its bid was unsuccessful.

Daily Digest – July 28. ACA’s Convention Kicks Off, In Person; Bedard Discusses New Validation Period Requirements

Account Recovery

ACA INTERNATIONAL’S 2021 CONVENTION KICKS OFF … IN PERSON This year’s annual ACA International Convention, which kicks off today here in Las Vegas might be one of the most highly anticipated events in the history of the association.

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Effective Communication Strategies for Collectors: 3 Tips to Impact the Bottom Line

PDC Flow

I opened my debt collection agency in 1998. From day one, the stressful phone calls started to take a toll on me. Sometimes I would lose sleep at night because I was stressed about potential lawsuits, consumer complaints, or losing clients. In 2005, all of that changed.

Covid-19 continues to increase Business late payment

UK debt collections

The coronavirus pandemic has exacerbated Business late payments for UK businesses, new figures from the Institute of Directors reveal. Over a third of company directors were polled by the IoD. They said they had faced an increase in late payments during the pandemic.

3 effective ways to deal with your late paying customers

American Profit

While there may be many unknowns when running a small or large business, one thing we know for sure is that late-paying customers and clients are part of operating any size business. If you have clients, there will be a percentage of them that will either pay late or in some cases not pay at all.

Getting Your AR Back to “Normal”

Receivables Control

How quickly you get your AR back to “normal” depends on many factors. Sixteen months have passed since Covid-19 caused a global health crisis and economic upheaval. Prior to discussing AR, we must pause a moment and reflect on the friends and loved ones lost and the subsequent disruption.

Why this $9 might be the best money you ever spend

Collect More

One of the first things you should do if your overdue customer is also a business is identify their structure- go to www.abr.business.gov.au and search their name. If they are a Pty Ltd company then it’s worth doing a company search- what you are trying to find out is: – Who the directors are, bearing in mind they are often not the person you’ve been dealing with.

Cadence: How Do You Meet Now?

NCBA Law Practice Management Blog

As COVID restrictions are lifting across the country, and business owners and their employees are deciding whether or how to come back together in an office setting, the question persists: How and when should people meet for work?

Summer bucket list: 27 affordable (or free) family activities

Kasasa

There’s no denying that summer brings the life out of us. The warm-breeze, sun-filled days that spark a smile are upon us. Therefore, it’s a no-brainer that you’re probably on the hunt for thrilling summer activities (aside from just working on that tan).

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Ohad Samet Named to Inaugural Debt Collection Advisory Committee of the California Department of Financial Protection and Innovation (DFPI)

True Accord

Ohad Samet, CEO and cofounder of TrueAccord Group, has been named to the inaugural debt collection advisory committee of the California Department of Financial Protection and Innovation (DFPI).

Properly Evaluating and Defending Class Action Complaints

Jimerson Firm

Class action complaints are not a novel concept.

I Type, Therefore I Am

Account Recovery

What do people think of engaging with chatbots when visiting a company’s website?

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How Long Does a Bankruptcy Stay on Your Credit Report?

Sawin & Shea

If you are thinking of filing for Chapter 7 or Chapter 13 bankruptcy, or if you have already filed, you may be concerned about how long the bankruptcy will stay on your credit report.

Who is PDCflow? Meet Kristen Makanoa

PDC Flow

Listening to customers is an essential part of software development. At PDCflow, we’re lucky to have a listening expert on our team in Product Manager Kristen Makanoa. She became part of the team in 2020 – but starting a new position during such a disruptive time didn’t slow her down.

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630,000 UK Companies facing Insolvency

UK debt collections

Around 630,000 businesses were experiencing significant financial distress in the last quarter of 2020, ahead of the current lockdown, according to research by the restructuring firm Begbies Traynor.

Debt Recoveries Australia and The Vic Claims Discussion Group

Debt Recoveries

On the 27 th of May, The Vic Claims Discussion Group presents an interactive online seminar on claim recoveries. ?Three

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.

Don’t do this if you want to get paid

Collect More

Demand emails- we see A LOT of them. Whenever we are sent a new debt to collect our client’s will include the emails they have already sent their debtor requesting payment. Obviously it hasn’t worked and it is almost always because of this reason- the sign-off is too nice. It is completely different to the body of the email- you have to be consistent.

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Red Flag: Vetting Potential Clients Is Easier With a List

NCBA Law Practice Management Blog

Sailors use a series of flags to indicate danger ; Billy Joel occasionally names albums after such flags. Lawyers ignore red flags – at least when they relate to client engagement. As has been discussed in this space, attorneys tend to avoid the intake process.

Financial health check up tips for every age

Kasasa

Just as your doctor keeps you on track with age-appropriate health checks and tips, you should practice financial fitness for every stage of your life.?. Personal Finance

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What are SaaS Customer Success Best Practices?

Enterprise Recovery

When starting a SaaS company, entrepreneurs begin with a unique idea to solve customer challenges. Customer Success ensures that the product is used successfully by those customers. This business practice ensures that customer churn is reduced and the customers become advocates for the brand.

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Managing Partner Charles Jimerson Discusses Gaps in Florida’s Condo Laws With NBC 6 Following Surfside Condo Collapse

Jimerson Firm

Managing partner Charles Jimerson recently spoke to NBC 6 South Florida about the gap in Florida’s condominium laws. Only two counties in the state require a 40-year recertification process even though Florida has the most condominiums of any U.S. state.

Another Student Loan Servicer Opts Out of Working for Federal Gov’t

Account Recovery

For the second time this month, a company that services federal student loans has announced it will not extend its contract with the Department of Education, choosing instead to focus its resources on its own private student loan product.

Do You Have to Get Debt Counseling Before Bankruptcy?

Sawin & Shea

Filing for bankruptcy is a process. As part of that process, the bankruptcy law requires that you get a certificate that evidences you did a pre-filing counseling session with an approved agency. Debt counseling (also called credit counseling) is required before you can declare bankruptcy.

3 Quick Tips to Create a Connected Consumer Experience

PDC Flow

One of my favorite quotes is by the author Maya Angelou: “I've learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.”.

Small Businesses in ‘distress’ number triples

UK debt collections

New data released by Accountancy firm Mazars has shown a worrying rise in the amount of UK Small Businesses in financial distress. Over 135,000 Companies were shown to be suffering from financial strain this month, treble the pre pandemic average. Retail and service Businesses are the hardest hit.