March, 2020

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Fiduciary Duties And Financial Distress In The Time Of COVID-19

In the Red

The COVID-19 pandemic has caused unprecedented economic disruption, creating sudden financial distress across industries. Companies are now facing impacts ranging from a dramatic decline in revenue of uncertain duration, to potential setbacks to M&A transactions, to delayed or canceled financing rounds. With even some previously well-performing companies potentially entering the so-called zone of insolvency, it’s important to review the fiduciary duties owed by directors and officers a

Creditors 130
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Arbeit Software becomes “Arbeit,” Celebrating New Brand and Direction

Arbeit Software

Introducing the updated face, new name and exciting future of Arbeit!

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A MESSAGE FROM DRA AND ADC LEGAL REGARDING CORONAVIRUS COVID-19

Debt Recoveries

A MESSAGE FROM DRA AND ADC LEGAL REGARDING CORONAVIRUS COVID-19. Like many businesses and organisations, DRA and ADC Legal remain focused on the safety and well-being of our employees and our ability to maintain the high quality of service for our clients. In accordance with our Business Continuity Plan, we have already taken measures to ensure we are able to provide the same level of service with as little impact as possible to our customers, clients, and employees.

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Determining Your Debt-to-Income Ratio

Debt Guru

If you’re an American, chances are pretty good that you carry debt. In fact, a Pew report from 2015 found that 80% of us owe money. While that means we’re in good company, it also means that most of us are feeling the stress of debt and the strain of repayment. So, just how much debt is “too much?” Of course, it’s completely personal – you might be OK with shouldering high debt in order to afford your second car, or you might be completely stressed out when you owe your friend for that pack of g

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Solve Your Firms Automation Complexities Once and For All

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.

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Surviving Debt – Free Book During Coronavirus Pandemic

Debt Free Colorado

Free book about dealing with debt during COVID-19. The National Consumer Law Center is offering free access to the digital version of its book, Surviving Debt, during the COVID-19 emergency. Here’s how they describe it: A leading resource for over 25 years, this fully updated, 50th NCLC Anniversary commemorative edition of Surviving Debt provides precise, practical, and hard-hitting advice from the nation’s consumer law experts on how to deal with crushing debt affecting millions of Americ

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NH Pretermitted Heir Appeal

McLane

Big thanks to Attorney Lisa Bellanti for calling to our attention the appeal she and Nadine Catalfimo have before the NH Supreme Court of the Probate Court’s Order in Estate of Marie G. Dow in which the Court held that a will’s choice of MA law requires that MA law governs a child’s pretermitted heir claim. From the will provision quoted by the court (it did not decide the issue), the claimant appears to have a meritorious claim under NH law.

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How to Find, Attract & Evaluate Talent in Niche Industries

Arbeit Software

The United States’ current low unemployment rate is great for employees but makes recruiting & hiring difficult for employers. What does this mean for companies in niche industries? Finding, attracting & evaluating talent requires more effort. Lauren Lewis , a partner at StaffBuffalo , shares her suggestions for doing this effectively.

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Managing Account Receivables during Coronavirus

C2C

These are obviously difficult times for many and we at C2C Resources would like to extend our deepest sympathies to those have been affected by the coronavirus pandemic. We encourage every business and person to adhere to state, federal, and. Read More » The post Managing Account Receivables during Coronavirus appeared first on C2C Resources Commercial Debt Collection Agency.

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Eight Most Commonly Overlooked Budget Categories

Debt Guru

Have you put the time and effort into creating a written monthly budget, and yet still find yourself constantly going over? Do you often find yourself pulling money from one budget item to cover unexpected expenses in another area? A well thought-out budget is a basic tool everyone should have in their financial toolbox, but if you’ve neglected to include some of the most often overlooked categories, you could be setting yourself up for failure. .

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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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SURVIVING FINANCIAL DISTRESS FROM COVID-19 IN THE RESTAURANT, BAR, AND SERVICE INDUSTRY

BN Lawyers

By: R. J. Shannon, Esq. [1]. The service industry is precarious even in the best of times. Remaining profitable always requires innovation and consistent excellence to remain profitable, especially in a place with tight competition and margins like Austin. These are far from the best of times. Public health authorities have canceled major events like SXSW and closed the dining areas of bars and restaurants.

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Justice of the Peace Wharton County Precint 2

Busby Lee

Justice of the Peace Wharton County Precint 2 Justice of the Peace Wharton County Precint 2 is presided over by the Honorable Judge Cynthia Kubicek. The court is located at P. O. Box 780 East Bernard, TX 77435.

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New Mexico HB 150: How We Can Help

Micro Bilt

New Mexico's HB 150, which went into effect on January 1, 2020, ensures accountability and transparency among small-dollar lending institutions.

Banks 52
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5 Digital Payment Channels for Better Accounts Receivable Management

Arbeit Software

The current pandemic is turning many industries on their heads, and Accounts Receivable is no exception.

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How Collection Agencies Minimize Effort and Maximize Results with the Right Software

Navigating collections in the dynamic financial landscape presents multifaceted challenges. Organizations face pressures to maintain standards alongside software challenges like regulatory adaptations, data integration, security, workflow optimization, and automation. Finding the right software can save time and money. BEAM offers a comprehensive solution with specialized modules to streamline debt collection effortlessly.

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Tips for Managing Properties Remotely During a Pandemic

Click Notices

The Coronavirus (COVID-19) pandemic is having a significant effect on industries across the globe. One such sector is Property Management. With Public Health officials putting heavy importance on social distancing, Property Managers must now adjust how they conduct their day-to-day duties in order to align with guidance from Federal, State, and Local governments.

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Three Debt Recovery Strategies That Are Proven To Be Effective

JMA

If you are a business that struggles to collect unpaid invoices from clients, you have most likely been in touch with a reputable debt collection agency to help sort this out. Debt recovery is never easy and can sometimes take more time than it really should. Many of these agencies have their own internal processes. Read more » The post Three Debt Recovery Strategies That Are Proven To Be Effective appeared first on JMA Credit Control.

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ANNOUNCING NEW SERVICE!

McLane

We are delighted to announce our NH Estate & Trust Deadlines page, which counsel will want to bookmark. The fear of missing deadlines is among the most anxiety provoking aspects of this job and this should be a big help in alleviating that stress. We have culled NH statutes and Probate Rules to highlight the deadlines, statutes of limitations, and other time periods that govern probate estates, trusts, and general Probate Court litigation.

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Justice of the Peace Waller County Precint 1

Busby Lee

Justice of the Peace Waller County Precint 1 Justice of the Peace Waller County Precint 1 is presided over by the Honorable Judge Charles Karisch. The court is located at 846 6th Street Hempstead, TX 77445.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

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Hard to find quality tenants?

Micro Bilt

Knowing tenants' financial history and other information about their backgrounds can help landlords find quality tenants.

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How Your Collection Agency Can Use Video to Build Consumer Trust

Arbeit Software

The statistics don’t lie. According to a HubSpot research study done in 2020, 72% of consumers prefer video over text for receiving branded marketing information.

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New Debt Bill Could Impact Collection in California

Direct Recovery

Earlier this year, California State Senator Bob Wieckowski introduced a bill that would require all California debt collectors to obtain a license from the state’s Department of Business Oversight. Understandably, this news sent shock waves through the debt collection community, and it was met with a very strong positive reaction from Senator Wieckowski’s constituents.

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Brit Suttell recognized by Celebrating Women in Financial Services

BN Lawyers

Britt Suttell, an associate in Barron & Newburger’s Pennsylvania office, was featured in an article about women in the financial services field. She was interviewed at insideARM’s Women in Consumer and Commercial Finance Conference. You can read the interview here. . Share List.

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When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

Are you finding some snags in your collections process? With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

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Cash Flow during COVID

Debt Recoveries

The COVID-19 has taken the world by surprise and we here at Debt Recoveries Australia wanted to share some tips for maintaining cash flow within your organisation in the current economic climate. Cash flow is having the right amount of cash in the right places at the right time, every time. This cash can be sourced from a few areas, such as capital investment, borrowings and the like, but the main way you want to generate cash is from profits.

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COVID-19 Update

Brown and Joseph

As we collectively deal with the current pandemic, your team at Brown & Joseph wishes you, your family, and your colleagues good health and safety.… The post COVID-19 Update appeared first on Brown & Joseph, LLC.

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Preventing Business Fraud During Coronavirus Uncertainty

Micro Bilt

As easy as it might feel to give in to the anxiety of coronavirus, business owners have more power than they might realize right now.

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How Will COVID-19 Affect Call Blocking and Labeling?

Arbeit Software

Rebekah Johnson of Numeracle shares what we can expect to see from the FCC.

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10 Ways to Improve Payment Collections with Salesforce

For finance teams using Salesforce’s powerful CRM technology, automation can transform accounts receivable processes, driving efficiency and delivering measurable results like cost savings, reduced customer churn, and lower DSO.