Account Recovery

OCTOBER 27, 2021

In the latest episode of “You Wanted a Rule, You Got a Rule,” John Bedard of Bedard Law Group finishes walking through his analysis and breakdown of the eight optional disclosures that collectors are allowed to include on their copies of the Model Validation Notice and still enjoy the safe harbors provided to them under … The post Bedard Finishes Analysis of Model Validation Notice’s Optional Disclosures appeared first on AccountsRecovery.net.

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Enterprise Recovery

OCTOBER 29, 2021

When entrepreneurs are growing a business, they may often use the phrase "wears many hats." Employees are often taking on many different tasks to remain agile on the path to profitability. As more employees are hired for specific duties, small teams develop. While these teams focus on the demands of their responsibilities, success is found when they continue to work together.

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American Profit Recovery

OCTOBER 20, 2021

By Sabrine: I am approaching my fourth year here at American Profit Recovery. The time here flew by, and I am in awe that I have been here for as long as I have. Loyalty as well as being tenured at jobs growing up has been the norm for me prior to graduating college. As I get ready to complete my fourth year here and knowing that this is the career path for me, I can excitedly say that I look forward to celebrating my anniversary every year it arrives.

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Nerd Wallet

OCTOBER 29, 2021

You’ve probably heard of people making money by trading cryptocurrencies. But there’s a different way to grow your crypto holdings without having to buy more. The practice, called “staking,” is a way of using certain cryptocurrencies to help verify transactions on a blockchain network. Investors who participate in staking can earn yields exceeding what’s available.

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Trade 145

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.

Nexa Collect

OCTOBER 21, 2021

Medical practices are facing an uncertain future – at least financially. A recent report by Deloitte found that nearly half of all medical practices are either uncertain or very uncertain about their ability to stay in business over the next three years, with 40% of respondents noting that they were not confident about their financial stability.

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Account Recovery

OCTOBER 21, 2021

The Consumer Financial Protection Bureau this week quietly released a new update to Regulation F, one that many in the industry had been anxiously awaiting as the countdown to November 30 gets smaller and smaller. The CFPB released a Spanish-language translation of its Model Validation Notice, which collectors can choose to use if they elect … The post CFPB Releases Spanish Model Validation Notice appeared first on AccountsRecovery.net.

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Enterprise Recovery

OCTOBER 23, 2021

With the holidays quickly approaching, it can be easy to fall under the notion that your customer payments will arrive as usual. In reality, some businesses will shut down for weeks during the holiday season, narrowing the window for paying invoices. Instead of watching your working capital fall short, you can prepare in advance. Here are 5 steps to take to avoid late payments during the holidays. ?.

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American Profit Recovery

OCTOBER 29, 2021

Cash flow is king when it comes to sustaining your business long-term. And it doesn’t matter if you are running a small business or a nationwide organization, cash flow is the backbone of any size company. If you’re not paying close attention to the status of your cash flow, you could find your business with a financial challenge very quickly.

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Accounts Receivables Management Collection Agencies Collections Agency Collections 199

Nerd Wallet

OCTOBER 29, 2021

There are some things no one wants to think about until they have to, like caregiving for your parents as they age and figuring out what happens to your finances when you die. But planning for these events now can spare you and your loved ones a lot of hassle later on. The first step. Amrita Jayakumar writes for NerdWallet. Email: ajayakumar@nerdwallet.com.

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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

Consumer Finance

OCTOBER 31, 2021

CFPB Director Rohit Chopra released a statement today regarding the Report on Stablecoins issued by the President’s Working Group on Financial Markets, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation.

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UK debt collections

OCTOBER 18, 2021

The number of businesses in England and Wales that went bust last month was the largest since the pandemic began. The latest Insolvency Service data shows that 1,446 company insolvencies were registered last month. Business insolvencies have increased by 7.2% in September 2021 compared to August’s figure of 1,349. They also increased by 55.8% in comparison to the same period for last year.

Trade 107

Trade Debt Recovery Creditors Government 107

Account Recovery

OCTOBER 21, 2021

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know Patricia Cobb of

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Accounts Receivables Management 246

Enterprise Recovery

OCTOBER 8, 2021

When your business needs to make a call to get invoices paid, make sure your accounts receivable and collections specialists are using the right language and abilities. Successful calls are handled by skilled collections specialists with the qualities of persistence, confidence, great listening skills, and training. When emails aren't bringing those late payments current, these call script examples may help.

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Collections 194

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Collection Agencies

Burr Forman

OCTOBER 6, 2021

On September 27, 2021 Burr & Forman published COVID-19 Vaccine Guidance for Federal Contractors , noting that the Federal Acquisition Regulatory Council was to develop a mandatory Federal Acquisition Regulation (“FAR”) clause for new contracts and solicitations over the Simplified Acquisition Threshold (currently $250,000.00). The FAR Council has published the new clause (“COVID Clause”), and has asked contracting agencies to develop deviations allowing use of the new COVID Clause.

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Acquisition Manufacturing Education Construction 105

Nerd Wallet

OCTOBER 7, 2021

A limited waiver announced by the U.S. Department of Education is expected to immediately wipe the slate clean for 22,000 student borrowers seeking Public Service Loan Forgiveness and speed the process for at least 500,000 more. It’s not the broad student loan forgiveness borrowers may be dreaming of. Instead, it’s the latest example of the. Anna Helhoski writes for NerdWallet.

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Student loans Student Loans Loans Education 137

Consumer Finance

OCTOBER 19, 2021

The Consumer Financial Protection Bureau (CFPB) today took action against the prison financial services company JPay for violating the Consumer Financial Protection Act by charging consumers fees to access their own money on prepaid debit cards that consumers were forced to use.

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Financial services 111

UK debt collections

OCTOBER 14, 2021

The financial impacts from COVID is forcing many SME’s into bankruptcy. One of the major instigators of this is the late payments issue, which has increased by 20% from last year, to £61billion. . As the instrumental player in the UK’s economy, SME’s turnover turnover is estimated at £2.2trillion annually. Tackling the issue of late payments is critical in enabling small businesses to reach their maximum potential.

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Collection Agencies Collections Agency Collections Trade 104

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.

Account Recovery

OCTOBER 19, 2021

The Federal Communications Commission has proposed a rule that would explore ways to require wireless carriers to block illegal text messages, similar to what the agency has done to combat illegal robocalls. Robotexts have become more prevalent, especially as regulators and technology providers have taken steps to keep robocalls from being connected to consumers’ phones. … The post FCC Proposes Rule to Block Robotexts appeared first on AccountsRecovery.net.

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Enterprise Recovery

OCTOBER 1, 2021

When you think of the phrase cash flow , you may have a vision of money flowing into and out of your business. In this vision, your clients are seamlessly paying their debts to you and you're paying all of your bills and expenses. Cash flow management is the process of maintaining that flow of money, hopefully increasing positive cash flow, where more money comes in than goes out.

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Credit Corp

OCTOBER 31, 2021

If you feel burdened under the weight of student loan debt, you’re not alone. In 2019, the average student loan debt total per person was more than $31,000. The good news is that you may be able to get part or all of your student loans forgiven. You also have the right to a fair and accurate credit report, and you can challenge the accuracy of information about your student loans as well.

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Student loans Student Loans Loans Garnishment 98

Nerd Wallet

OCTOBER 4, 2021

October mortgage rates forecast I predict that mortgage rates will rise in October. There will be ups and downs day to day, but mortgage rates will be higher at the end of the month than at the beginning of the month. (That’s assuming the debt limit will be addressed in time to avoid a government. Holden Lewis writes for NerdWallet. Email: hlewis@nerdwallet.com.

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Government 136

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Collections

Jimerson Firm

OCTOBER 27, 2021

It is a common question whether certain restrictive covenants, such as confidentiality agreements, are enforceable in Florida. A restrictive covenant is a contractual agreement or provision designed to protect a party’s business interests and restricts what a party is allowed to do after the agreement is executed. See Proudfoot Consulting Co. v. Gordon , 576 F.3d 1223 (11th Cir. 2009).

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Government 98

Prosperity Now

OCTOBER 27, 2021

Housing security is the key to building financial stability, acquiring wealth and connecting with the community, but returning citizens face

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Account Recovery

OCTOBER 20, 2021

Debt collection, student loan debt relief, payday loans, and government impersonators are just a few of the categories highlighted in a Federal Trade Commission report that analyzes the regulator’s effort at addressing fraud and consumer issues that are affecting communities of color, which was released earlier this week. In the area of debt collection, the … The post FTC Report Analyzes How Fraud and Scams Affect Communities of Color appeared first on AccountsRecovery.net.

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Student loans Student Loans Trade Government 246

Burr Forman

OCTOBER 26, 2021

On October 25, 2021, the Equal Employment Opportunity Commission (“EEOC”) issued new guidance regarding religious objections to workplace COVID-19 vaccination requirements. The new guidance is included in the EEOC’s larger guidance document, What You Should Know About COVID-19 and the ADA, Rehabilitation Act, and Other EEO Laws. These questions and answers collect and expand upon pre-pandemic guidance to help employers navigate issues related to COVID-19 vaccination and the interaction with fede

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Collections 98

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Collections