Mon.Oct 21, 2024

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Effective Email Templates for Overdue Invoice Reminders

Enterprise Recovery

Do you tense up every time you run your business's aging report ? Instead of feeling helpless about delinquent accounts, you can stay calm and take proactive steps to manage the situation. By adopting a strategic approach, you can implement practical solutions to increase your success at recovering outstanding payments. Tired of chasing overdue invoices?

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Daily Digest – October 21. ACA International Sues NYC Over New Debt Collection Regs; Hospital Market Concentration Linked to Higher Medical Debt Burdens, Study Finds

Account Recovery

ACA International Sues NYC Over New Debt Collection Regs Hospital Market Concentration Linked to Higher Medical Debt Burdens, Study Finds Judge Halves Plaintiff’s Request for Attorney’s Fees in FDCPA Case Compliance Digest – October 21 WORTH NOTING: Five questions to help you narrow down who to dress up as for Halloween … Why you may want to think twice about unpacking as soon as you get home from a trip … This is the kind of accident we can all get behind … New York Community

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CFPB Finalizes Personal Financial Data Rights Rule to Boost Competition, Protect Privacy, and Give Families More Choice in Financial Services

Consumer Finance

The CFPB finalized a rule to give consumers greater rights, privacy, and security over their personal financial data by requiring providers to unlock personal financial data for free.

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Compliance Digest – October 21

Account Recovery

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

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4 Things Great Companies Do to Improve Cash Flow

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

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New York’s Highest Court Will Finally Address the Foreclosure Abuse Prevention Act

Consumer Finance Watch

The Foreclosure Abuse Prevention Act (“FAPA”) has been heavily litigated since its enactment in December 2022. New York courts have issued conflicting decisions interpreting FAPA, including whether the statute applies retroactively to conduct that occurred prior to its enactment and whether retroactive application is unconstitutional. Lenders, mortgage servicers, and other financial institutions should take note that the Second Circuit has certified the question of FAPA’s retroactive application

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Ensuring Regulatory Compliance with the Right Debt Management & Collections System

Qualco

As debt collection becomes increasingly complex, regulatory compliance has shifted from a legal necessity to a strategic pillar for building trust, operational efficiency, and long-term re s ilience. Our latest report, " Compliance in Collections: Understanding Key EU Regulations " reveals how businesses can stay ahead of evolving regulations while achieving better collection results.

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ACA International Sues NYC Over New Debt Collection Regs

Account Recovery

ACA International on Friday sent out an alert to its members letting them know that the association, on behalf of one of its members, has filed a lawsuit seeking to block the enactment of debt collection rules that are slated to go into effect in New York City in December. The suit, filed against New York City Mayor Eric Adams, the city’s Department of Consumer and Worker Protection, and DCWP Commissioner Vilda Vera Mayuga, argues that the new rule, which is set to take effect on December

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California Debt Collection Compliance Updates: A Guide for Businesses

Burt and Associates

About Transcript About I. Introduction: The Evolving Landscape of California Debt Collection This section introduces the importance of staying informed about the latest compliance requirements for debt collection in California, particularly for businesses operating under the Department of Financial Protection and Innovation (DFPI). II. Designated Email Update: A Crucial Communication Channel This section details the new requirement for businesses to designate a generic email address for official

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Hospital Market Concentration Linked to Higher Medical Debt Burdens, Study Finds

Account Recovery

The concurrent trends of consolidation in the number of hospitals and healthcare providers nationwide and the growth in the amount of unpaid medical debt may be related to the concentration of healthcare providers in that area, according to the results of a new report, released last week by The Urban Institute. When fewer hospitals are serving a market, prices rise, leaving patients with fewer affordable options.

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Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

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Key Announcements and Deadlines

Burt and Associates

As part of Burt and Associates’ ongoing commitment to staying compliant with state regulations, the debt collection industry is witnessing several critical updates—particularly in California , where evolving rules are reshaping operational practices. With deadlines fast approaching and strict regulations enforced by the Department of Financial Protection and Innovation (DFPI) , businesses must remain proactive to avoid disruptions and ensure compliance.

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Massachusetts debt collection laws: What do business owners need to know?

Collections Law

At Law Offices of Alan M. Cohen & Associates LLC, our commercial collections lawyers have more than 50 years of combined experience. They have dedicated their practice to collecting commercial debts in Massachusetts. Using methods available under state and federal laws, our ethical debt collection lawyers fight to get you paid, and they do so relentlessly and aggressively.