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Hiring a collection agency for your business can be an extremely smart move and a strategic advantage in improving your cash flow. If you have customers who are consistently late or who have not paid you at all, and those are piling up, it’s time to make that decision. However, effective debt collections happen when you have the proper documentation in front of you.
The governor of Maryland last week signed HB 1020, the Fair Medical Debt Reporting Act into law, which makes it the latest state to enact a medical debt credit reporting law. Why it matters:HB 1020, effective October 1, 2025, restricts how medical debt can be handled by credit reporting agencies, healthcare providers, and debt collectors in Maryland.
Put on your surprised faces … a new survey from Debt.com highlights growing concern among U.S. consumers about the impact of medical debt on their credit reports, with 9 in 10 Americans agreeing that medical debt should not appear on credit reports. This opinion comes just months after the Consumer Financial Protection Bureau implemented a rule to remove medical debt from credit reports.
What do canceled hair appointments and increased lipstick and beer sales have in common? These untraditional indicators, among other discretionary expenditure trends, often show consumer sentiments around finances well before a recession hits. Coming out of 2024, the average U.S. household owed $11,303 on credit cards, and while credit card charge-off rates and delinquencies both declined slightly, experts are not declaring a definitive turnaround given the ongoing economic uncertainties and hig
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.
Why Professional Debt Collection Matters: The Real Cost of Doing Nothing Many businesses hesitate to escalate when clients dont pay, but inaction can be far more expensive than most realize. Every business owner needs to know how to collect commercial debt correctly. Table of Contents The Hidden Impact of Unpaid Invoices The Myth of the ‘Quick Fix’ Smart Steps to Recover Business Debt Why Work with Burt and Associates?
Wondering why your lawyer would convey a debtors low offer? Doesnt your debt collection lawyer have your best interests in mind? There are times when an offer is downright insulting. I hate to relay low-ball offers. In a recent case, I shared an offer with my client that was so low that they asked if I was working for the other side. Knowing the offer was paltry, why did I share it?
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Wondering why your lawyer would convey a debtors low offer? Doesnt your debt collection lawyer have your best interests in mind? There are times when an offer is downright insulting. I hate to relay low-ball offers. In a recent case, I shared an offer with my client that was so low that they asked if I was working for the other side. Knowing the offer was paltry, why did I share it?
In todays tight economy, one of the biggest threats to growth is slow paymentnot just losing customers or market share. An exclusive new 2025 survey from The Kaplan Group reveals the significant revenue and cash flow risks businesses face from delayed paymentsparticularly for mid-sized firms and industries like SaaS, healthcare, and professional services.
What to Do When a Big Client Owes You Money but You’re Afraid to Push Them You’ve landed that dream client, delivered exceptional work, and sent your invoice. Now comes the hard part waiting for payment that never seems to arrive. If you’re hesitating to follow up because this client represents a significant portion. Read more » The post What to Do When a Big Client Owes You Money but You’re Afraid to Push Them appeared first on JMA Credit Control.
Does your company know how to improve cash flow by eliminating the payment delays that slow everything down? Manufacturing companies rely on timely deposits to manage production timelines, purchase materials, and schedule labor. Choose PDCflow and your manufacturing business can send messages to request an esignature and payment all in one step. Stabilize revenue and speed up your processes.
Jimerson Birr is proud to recognize attorney Hunter Faulkner for his instrumental role in the successful closings of four of the Top 10 home sales in Northeast Florida for Q1 2025, totaling more than $17.1 million, as reported by the Jacksonville Daily Record. Faulkner assisted in the transactions ranked #3, #4, #7, and #10 on the list, showcasing his dedication to excellence and trusted counsel in high-value residential real estate deals.
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.
Appeals Court Reverses Ruling in FCRA, RFDCPA Case CFPB Roundup Survey: 9 in 10 Americans with Medical Debt Believe It Shouldnt Impact Credit Scores Compliance Digest April 28 WORTH NOTING:Members of Generation Z might be using technology better than other generations when driving, but they are more likely to do some other bad things while behind the wheel … Did you know there is a difference between unscented and fragrance-free?
The CFPB is announcing that it will not prioritize enforcement or supervision actions with regard to entities that are currently outside the stay imposed under Texas Bankers Association v. CFPB, No. 24-40705 (CA5).
WARNING: These 7 Debt Collection Myths Are Silently Killing Your Profits Is your business bleeding money because of unpaid invoices? You’re not alone. Every year, small businesses across the country lose thousandssometimes tens of thousandsdue to clients who don’t pay on time, or at all. But here’s the kicker: Much of this financial bleeding is.
Heres the latest risk management guidance, published in March 2025, from B&Ns Attorneys Risk Management practice group. BN – Tip of the Month – Be Cautious When Seeking to Withdraw: Confidentiality Still Applies – March 2025 The post Barron & Newburger’s Latest Risk Management Guidance appeared first on Barron & Newburger, P.C.
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!
Imagine you log in to CreditManager , expecting your usual routine. But somethings different: even faster response times and drastically reduced import times. You didnt change anything, but behind the scenes, a major shift has taken place! In late March, we completed the migration of CreditManager from our private cloud setup to Microsoft Azure. Test, Acceptance and Production environments are now all running on Azure.
EDITORS NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call (855) WEB-RECON or email admin@webrecon.net today!
Opening your first credit card is a major financial milestoneand an important step toward building your credit profile. For many of us, credit cards can seem overwhelming at first. With so many offers, fine print, and flashy perks, it’s not always easy to figure out which card is the right fit for your lifestyle and goals. If youre ready to take the leap, here are the key things to consider when choosing your first cardwithout getting lost in the jargon. 1.
Should You Focus on Debt Collection or Cash Flow? (The Answer Will Surprise You) Ever stared at your aging receivables report and felt that knot in your stomach tighten? You’re not alone. For small business owners across Australia, the question burns hotter than ever: “Should I drop everything to chase these overdue invoices, or invest. Read more » The post Should You Focus on Debt Collection or Cash Flow?
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
In a case analyzing whether invitations to town hall meetings regarding COVID-19 were exempted from liability by the TCPAs emergency purposes exception, the Tenth Circuit declined to address whether a municipality is a person under the TCPA. The case, Silver v. City of Albuquerque, — F. 4th —, 2025 WL 1173558 (10th Cir.
At the Law Offices of Alan M. Cohen & Associates LLC, our lawyers have dedicated their careers to commercial debt collection for businesses in Massachusetts. Our commercial collections lawyers are aggressive in their efforts, relentless in their strategies and ethical in their practices. With over 60 years of combined experience, our attorneys are committed to fighting for your right to get paid.
The Court of Appeals for the Ninth Circuit has reversed a ruling in a Fair Credit Reporting Act and Rosenthal Fair Debt Collection Practices Act (Rosenthal Act) case over whether information that was furnished to the credit reporting agencies was accurate enough. This decision comes after a lawsuit was filed by the plaintiff over inaccurate loan reporting.
Quick Answer: Lexington Law Firm is the largest credit repair law firm and has a history of success extending over 20 years. Lexington Law Firm is a credit repair firm that offers services to help you repair your credit if there is information that is inaccurately or unfairly listed on your credit reports. Lexington Law Firm helps by challenging errors on your behalf (and with your express guidance and permission) with the credit bureaus or with the entities that reported the information, like l
Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.
The Federal Communications Commission yesterday took another step in its ongoing battle against illegal robocalls by moving to address the non-IP network loophole, which has allowed robocallers to bypass authentication tools that protect consumers. Why it matters: Robocalls continue to burden consumers, draining millions from the economy annually due to fraud and wasted time.
What You Need to Know: The Cost of Healthcare: A Key Friction Point Whats happening:Cost remains a significant barrier for many patients, with 60% of them struggling to afford their care. 29% report a worsening ability to pay for healthcare compared to the previous year. This is exacerbated by 51% of patients who say they dont fully understand their insurance coverage or the costs involved before receiving care.
Collector Sued for Marking Refusal to Pay as Dispute CFPB Agrees to Vacate Medical Debt Credit Reporting Rule FTC Moves to Shut Down Phantom Debt Collection Scheme Maryland Enacts Medical Debt Credit Reporting Law WORTH NOTING:Fewer parents are reading to their kids these days … How to figure out if you need a food processor, a blender, or both … People are putting their foot down over Real ID licenses … What to eat when you are sick … For a lot of people, financial issue
The Consumer Financial Protection Bureau has agreed to end a lawsuit by joining industry groups in asking a federal judge to vacate its controversial rule banning the reporting of medical debt on consumer credit reports. Background: Latest developments: Between the lines: What theyre saying: Whats next: The court still must formally approve the consent judgment.
Speaker: Ben Epstein, Stealth Founder & CTO | Tony Karrer, Founder & CTO, Aggregage
When tasked with building a fundamentally new product line with deeper insights than previously achievable for a high-value client, Ben Epstein and his team faced a significant challenge: how to harness LLMs to produce consistent, high-accuracy outputs at scale. In this new session, Ben will share how he and his team engineered a system (based on proven software engineering approaches) that employs reproducible test variations (via temperature 0 and fixed seeds), and enables non-LLM evaluation m
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