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In 2024, more than half a million U.S. households filed for bankruptcy protection, with many opting for Chapter 13, which allows debtors to retain assets like homes or cars while entering a repayment plan. However, a concerning pattern has emerged regarding the effectiveness of this process, particularly for minority filers. A recent study reveals significant racial disparities in bankruptcy dismissal rates, particularly among Chapter 13 cases.
As the U.S. ramps up tariffs on imports from countries like China, Canada, and Mexico, a new financial consequence is emerging: an accelerating rise in consumer debt. An exclusive new study from The Kaplan Group explores how the cost of tariffs is being passed down to consumers, leading to increased credit card usage, higher debt burdens, and growing risks of default.
During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant to be a service to aggregate industry job opportunities into one convenient location.
Heres the uncomfortable truth: If your terms and conditions are vague – or worse, non-existent – youre making it way too easy for clients to pay late (or not at all). For many small and medium-sized businesses, unclear payment terms are one of the biggest reasons cash flow gets choked. Without clearly defined expectations, youre. Read more » The post What to Include in Your Terms and Conditions to Get Paid Faster appeared first on JMA Credit Control.
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
The Supreme Court of Connecticut yesterday delivered a ruling on the regulation of debt negotiation services, reinforcing the separation of powers between the judicial and executive branches of government. In its decision, the Court ruled in Commonwealth Servicing Group, LLC v. Department of Banking, affirming that the regulation of debt negotiation by attorneys falls exclusively under the judicial branch, and not under the Department of Bankings authority.
Health insurance companies particularly commercial and Medicare Advantage plans are lagging behind other industries in digital experience, according to the 2025 J.D. Power U.S. Healthcare Digital Experience Study. As more members turn to digital platforms like mobile apps and websites for managing their health plans, the need for seamless and intuitive digital experiences is growing.
Health insurance companies particularly commercial and Medicare Advantage plans are lagging behind other industries in digital experience, according to the 2025 J.D. Power U.S. Healthcare Digital Experience Study. As more members turn to digital platforms like mobile apps and websites for managing their health plans, the need for seamless and intuitive digital experiences is growing.
Connecticut Supreme Court Affirms Protections for Law Firms in Debt Negotiation Disputes Healthcare Digital Experience Lags: A Wake-Up Call for the Industry Study Highlights Racial Disparities in Bankruptcy Outcomes 23 Companies Seeking Collection Talent WORTH NOTING:If darkness is your friend, here are tips to keep the light out … Toothpaste that is finger lickin’ good is so popular it’s sold out … How to prepare your wallet as tariffs take effect … Whomever is put
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