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Almost every business owner has encountered overdue accounts and unreliable customers can have a negative impact on your business. As a small business owner, you may not have the time to make frequent phone calls to collect debt and the older the debt gets, the harder it is to collect. Hiring a debt collection agency is one of the easiest and smartest ways to put the focus back on your business.
In the United States, patients with health insurance are required to pay for a greater portion of their care out of pocket than they ever have in the past. Hospitals and doctor's offices have always been concerned about getting payment from the uninsured, but now that patients with employer coverage bare a greater financial burden, providers are feeling more like debt collectors.
Join me for brunch? JANUARY 26, 2019 Where: The Riveter 4505 Glencoe Avenue Marina Del Rey, CA 90292 When: Saturday, January 26, 2019 10am-12pm 2019 is here! The new year… Related Posts: Whatever Lola Wants, Lola Gets: LA Edition. Home. Financial Literacy Matters, Especially for Women. Life, Love, Loss and Lola. Blog. The post Lola LA Brunch + Retreat appeared first on DEAR DEBT.
Many lawyers view client communications as bothersome. An interruption from the important work of lawyering. Of course, that work is being done for clients; so, it’s important that they know what’s going on, right? But, this isn’t just a one way street. In fact, lawyers derive lots of benefits from staying in touch with their clients. So, let’s address three of those.
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?
According to WebRecon's December 2018 Report, TCPA and FDCPA complaints showed a substantial decrease in 2018. WebRecon reports that, in comparison to 2017, FDCPA suits decreased 7.8% in 2018 and TCPA suits decreased 13.2% in 2018. According to WebRecon, "FDCPA complaints are at their lowest point since 2008." Picking up the slack were FCRA suits which increased 4.3%.
Section 1692g(a) of the FDCPA mandates the sending of a “validation” notice within five days of a debt collector’s initial communication with a consumer. Section 1692g(b) provides that if the consumer provides timely, written invocation of his or her rights, the debt collector must cease all of its collection efforts until it has complied with the Act by mailing to the consumer verification of the debt, a copy of a judgment, and/or the name and address of the original creditor, depending on whic
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Section 1692g(a) of the FDCPA mandates the sending of a “validation” notice within five days of a debt collector’s initial communication with a consumer. Section 1692g(b) provides that if the consumer provides timely, written invocation of his or her rights, the debt collector must cease all of its collection efforts until it has complied with the Act by mailing to the consumer verification of the debt, a copy of a judgment, and/or the name and address of the original creditor, depending on whic
Almost every business owner has experienced the negative effects overdue accounts and unreliable customers can have on their company. As a small business owner, you may not have the time to make frequent phone calls to collect a debt and the older the debt gets, the harder it is to collect. At Point Law , we can make it easier. Hiring a debt collection agency and law firm is one of the easiest and smartest ways to put the focus back on your business.
As any business manager knows, monitoring the flow of company funds is essential to keeping the operation afloat. Sometimes, however, keeping track of revenue and expenses becomes a tangled mess, especially when your customers or accounts aren't paying as planned. When this happens, you have one of two options. You can try to retrieve debts in-house, or you can hire a collection agency to track down and retrieve what is owed.
Related Posts: My New Podcast the Mental Health and Wealth Show Is Here. Debt, Depression, and Suicide: There's Help Out There. What the Worst Year of My Life Taught Me About Money. Dealing with Suicidal Thoughts -- You're Not Alone. Suicide Prevention. The post My Interview on Debt + Mental Health appeared first on DEAR DEBT.
Yes, it’s hard to believe; but, it’s 2019, everyone.? DO NOT PANIC. This is a good thing.? What’s good is that the turning of the calendar is just another opportunity to improve your business management.? Now, what business owner among us would NOT want that opportunity. So, let me tell you what you need to do in 2019, that you haven’t done yet: This is the year you turn your law firm into a high performance machine.?
Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.
By: Caren Enloe and Zachary Dunn Text messages from a gym to its member were informational in nature and therefore did not violate the TCPA, a district court in Louisiana ruled late last month. The case, Suriano v. French Riviera Health, Spa, Inc. , 2018 U.S. Dist. LEXIS 216018 (E.D. La. Dec. 20, 2018), centered on five text messages sent by French Riviera Health Spa (the “Gym”) to Suriano.
Hello debt fighters! Here’s a powerful dear debt letter from Lisa. Lisa is a 55-year-old mom and blogger who works in communications for a nonprofit in Washington, DC. Her goal… Related Posts: Dear Debt, I'm Wiser Now. Dear Debt, I Will Never Be Yours Again. The Suicide’s Daughter. Dear Debt, We're Here Again. Dear Debt, I Release You. The post Dear Debt, So Long, Old Friend appeared first on DEAR DEBT.
Lawyers have always billed clients the same way: by the hour. (Yawn.) While that option is good for law firms (hello: uncapped billings), clients often chafe at the model, because $— x however many hours the lawyer decides to work is a little bit more of an investment than, say, a Netflix subscription. But, there’s a reason why subscription services like Netflix flourish: it’s because of the low level of investment, and the high value of return.
Choosing the right debt collections agency for your company or project is the first step towards getting your business finances in order. However, choosing the best agency for the job is a job itself. Without proper research and careful consideration, your business could end up dealing with an even greater collections conundrum. Luckily, there are a few easy strategies for selecting appropriate. debt collection services.
Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.
In a case of first impression, the Fifth Circuit has held that the CFPB’s Mortgage Servicing Rules only apply to servicers and do not impute liability to the lender. In Christiana Trust v. Riddle, the consumer alleged that the prior and current servicers of her mortgage violated the Mortgage Servicing Rules by failing to evaluate her loss mitigation application as required by 12 C.F.R. 1024.41(c)(1).
Law firms work vigorously to convert leads: to get those leads to pay retainers and sign engagement agreements. That all makes sense: winning business is essential for any organization. However, once law firms convert clients, there is often a dry spell before the new client s hear from their new law firms again; and, because many cases start with potentially significant periods before anything of note actually happens, new clients may go for months, or even a year, before they hear from their l
With so much competition for clients, law firms are seeking any edge they can find. Even so, many attorneys remain camera shy. Despite the fact that video is a unique way to market a modern small business, small law firm websites that feature video remain few and far between. But, there are a number of reasons why video can be an effective marketing tactic for your law firm.
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