American Profit Recovery

JUNE 13, 2024

Effective communication can solve many challenges in a business of any size. In fact, it is a mission-critical component of any type of business. Whether it’s internal or external communications, every business needs to make this a priority. When it comes to cash flow in an organization, this is a critical area where strong communication is key, and consistent communication can make a difference.

Collection Agencies 229

Collection Agencies Collections Agency Collections Trade 229

Account Recovery

JUNE 13, 2024

I was told yesterday by someone I trust that a lot of companies in the accounts receivable management industry have firewalls from a company called FortiGate. If you do not know who your firewall provider is, you may want to take a second and check.

Accounts Receivables Management 147

Accounts Receivables Management 147

UK debt collections

JUNE 13, 2024

A staggering £218 million is owed in unpaid ULEZ fines in London, according to official figures. A Freedom of Information (FOI) request revealed that more than 1.3 million penalty charges (PCNs) were issued from September 2023 to April 2024. But Transport for London (TfL) admitted that over 70% of the fines have remained unpaid. The transport authority also revealed that one driver had received over 200 fines for a single non-compliant vehicle, but hasn’t yet paid a penny of the £47,682 th

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Account Recovery

JUNE 13, 2024

Getting to Know Scott Weltman of Weltman, Weinberg & Reis Judge Dismisses Suit Alleging Wrongful Garnishment and Improper Service of Summons Popular Firewall Provider Breached, Requires Completely Re-Formatting Device to Fix Wisconsin Org.

Garnishment 147

Garnishment Collections 147

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

Taurus Collect

JUNE 13, 2024

Debt collection can be a tricky business. Many people owe money, but not everyone can pay it back on time. Using empathy can make a big difference. When debt collectors understand a person’s situation, they can offer better solutions. This helps collect the money owed and builds trust. Imagine a debt collector who listens and helps rather than just demands payment.

Debt Recovery 69

Debt Recovery Collections Debt collector Debtor 69

Jimerson Firm

JUNE 13, 2024

In Florida, persons and entities that perform work on a construction project may be entitled to record a construction lien. Chapter 713 of the Florida Statutes governs the recordation and perfection of construction liens and contains many traps for the unwary. Moreover, Florida courts have consistently ruled that Florida Construction Lien law is to be strictly construed and strict adherence to it is an absolute condition precedent to a party seeking affirmative relief under Chapter 713.

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Construction Foreclosure Judgment Government 45

Account Recovery

JUNE 13, 2024

A District Court judge in Ohio has granted a defendant’s motion to dismiss in a case involving allegations of wrongful garnishment and violations of the Ohio Consumer Sales Practices Act (CSPA). The plaintiff claimed that the defendant wrongfully obtained a default judgment and garnished her wages based on incorrect service of process and that her wages were exempt from garnishment under Ohio law.

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Garnishment Judgment 130

Collection Industry News

JUNE 13, 2024

Credit card debt hit a record high of $930 billion for Americans in the final quarter of 2019, according to the latest data from the Federal Reserve Bank of New York released on Feb. 11. That’s a $46 billion increase in credit card balances from the prior quarter and up an alarming $57 billion over the same period in 2018. The Fed’s report sheds light on the growing debt issue in America and the increased risk facing younger consumers.

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Credit Card Debt Personal loans Consolidate Debt Debt Consolidation 40

Account Recovery

JUNE 13, 2024

To address a spike in the number of default judgments against consumers who are sued for unpaid debts, an organization in Wisconsin that is dedicated to helping low-income residents of the state get access to legal services has released a new resource that helps consumers respond and file answers to debt collection suits.

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Collections Judgment 130

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.

Banks