Account Recovery

SEPTEMBER 24, 2024

The savings nest eggs that people built up during the COVID-19 pandemic are all but gone, according to new research from the JPMorgan Chase Institute. As savings dwindle, consumers are becoming more vulnerable to financial shocks, which could lead to lower spending and higher debt defaults. By the numbers: According to the institute’s latest Household Finances Pulse report, the cash reserves of U.S. households have been steadily shrinking since their pandemic-era peak.

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Enterprise Recovery

SEPTEMBER 24, 2024

With the announcement that the Federal Reserve cut interest rates by half a percentage point, inflation and interest rates are a primary news topic. If you own a small business, these economic fluctuations can have significant impacts. Understanding these cycles is vital to anticipate changes in the market and adjust business development strategies accordingly.

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Account Recovery

SEPTEMBER 24, 2024

EDITOR’S 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!

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FFGN COLLECT NY

SEPTEMBER 24, 2024

For those in industries filled with chronically late payors, it can be difficult to know when the right time to send a client to collections is. You may worry that by placing your customer in collections, you will lose the “relationship.” But if a client doesn’t pay you and uses your money to finance their business, are they a client worth keeping?

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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

Account Recovery

SEPTEMBER 24, 2024

Debt collection fintech InDebted has raised $41 million in a Series C funding round, positioning the company for further global expansion and product development. This latest capital raise values the company at more than $240 million. Key players: The funding round was led by Airtree Ventures, with participation from Australian Retirement Trust, Carthona Capital, Reinventure, and Perennial.

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Account Recovery

SEPTEMBER 24, 2024

Class-Action Accuses Collector of Trying to Collect on Medicaid Debt Appeals Court Affirms Ruling for Defendants in FDCPA Case InDebted Announces Capital Raise of $41M Consumers’ Financial Situations Continue to Worsen: JPMorgan Chase WORTH NOTING: The controversial four seconds that defined this summer’s Olympics … Tips and tricks to make yogurt more nutritious … How much Americans feel they need to make not to worry about everyday living expenses … Drinking three cups o

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PDC Flow

SEPTEMBER 24, 2024

Effective team management transforms your office. It can create an environment where a multigenerational workforce comes together to make a winning team. But managing different generations in the workplace isn’t always easy. A good manager must take into account the backgrounds and experiences each employee brings to their work — experiences that change with every generation. 5 Generations in the Workplace Each of the five generations in the workplace has lived through unique times that shaped t

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Account Recovery

SEPTEMBER 24, 2024

The Fourth Circuit Court of Appeals has affirmed a District Court’s dismissal of a lawsuit filed under the Fair Debt Collection Practices Ac. The plaintiff claimed that a debt collector violated the FDCPA by improperly serving a summons and complaint to the wrong address, obtaining a default judgment, and garnishing her wages. The District Court’s dismissal was based on the plaintiff’s failure to file the complaint within the statute of limitations.

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