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Ever wondered what you can do if a debt collector calls you at odd hours? Knowing your rights and responsibilities in debt collection can be a game-changer. Whether you’re a small business owner trying to collect overdue payments or an individual dealing with persistent debt collectors, understanding the rules of engagement can help you navigate.
A Florida state Appeals Court has reversed a lower court’s dismissal of a collection lawsuit filed by a debt buyer against an individual, ruling the lower court applied the incorrect law when the plaintiff was unable to serve the defendant with a summons and complaint.
When facing financial hardship, filing for Chapter 13 bankruptcy can provide a path to recovery as it reorganizes debt. As part of the process, a bankruptcy trustee oversees the case. If you are considering filing for bankruptcy, how can understanding the trustee’s role be crucial in navigating your potential Chapter 13 case? Responsibilities of a bankruptcy trustee Appointed by the United States Trustee’s office, a bankruptcy trustee manages the case from start to finish, ensuring a fair proces
Certain qualifications and skills can make a difference in your business's financial success. Consider the following traits for your A/R specialist job description and hire someone who will ensure your financial records are solid and your clients pay on time. Here are some key qualities and skills to look for in an accounts receivable specialist.
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?
Transforming to Better Reflect Comprehensive Healthcare Revenue Cycle Management Services Sarasota, FL – June 28, 2024 – Gulf Coast Collection Bureau, a leading provider of healthcare revenue cycle management services, is excited to announce its rebranding to Gulf Coast, a Revenue Cycle Management company (“Gulf Coast”).
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Transforming to Better Reflect Comprehensive Healthcare Revenue Cycle Management Services Sarasota, FL – June 28, 2024 – Gulf Coast Collection Bureau, a leading provider of healthcare revenue cycle management services, is excited to announce its rebranding to Gulf Coast, a Revenue Cycle Management company (“Gulf Coast”).
Ex-BHS director Dominic Chappell has been ordered to pay £50m to cover company debts and losses the firm incurred before its collapse. A High Court judge said Mr Chappell tried to “plunder the BHS Group whenever possible” after he bought the company for £1 from Sir Phillip Green in 2015. The ex-director was imprisoned for six years in 2020 over tax evasion.
A directorship is an exciting role, a privilege and a chance to demonstrate leadership. But directors must also prepare to face a range of challenges, and the one we’ll cover in this article is the possibility of redundancy. Director redundancy refers to the situation where a company director’s role is no longer required due to various reasons such as business closure, restructuring, or financial difficulties.
On remand from the Court of Appeals for the Third Circuit, a District Court judge in New Jersey has granted a defendant’s motion to compel arbitration after it was accused of violating the Fair Debt Collection Practices Act, The Background: The case arose from the defendant’s collection letters, which the plaintiff claimed were misleading and […]
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.
New research from Premium Credit has shown that late payment issues are easing for SMEs but still remain a concern. Its Insurance Index, which monitors insurance buying and how it is financed, found one in five (20%) of firms reporting a growing problem with late payment of bills with 5% warning the issue has become much worse. That is substantially down on the 28% of firms saying late payment problems had worsened in the past 12 months which included 7% saying it had become much worse when the
Ever felt like you’re playing hide and seek with your payments, but the payments are always winning? For small business owners, unpaid invoices and late payments can feel like a game you didn’t sign up for. Chasing down overdue payments and outstanding invoices isn’t just frustrating; it can seriously mess with your cash flow and. Read more » The post Mastering the Art of Payment Follow-Up: How to Turn Overdue Invoices into Timely Payments appeared first on JMA Credit Control.
Here are ten things you need to know about fake watches on replicamades.is The post know about fake watches appeared first on Frank, Frank, Goldstein & Nager.
Collector Facing FDCPA Suit Over Text Messages District Court Judge Grants Motion to Compel Arbitration in FDCPA Case Job Switching Remains Popular, But Switchers Getting Smaller Raises Than During ‘Great Resignation’ Staffing, Turnover, Denials are Big Issues for Healthcare Providers: Panel WORTH NOTING: If your house is like our house, reliable WiFi is an issue.
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.
A pensioner who is terminally ill has been threatened with debt collectors by HMRC , after he didn’t receive confirmation that he had paid the correct tax bill. HMRC has been accused of threatening a terminally ill 92 year old man with debt collectors. A reader of The Guardian newspaper wrote in to share that “he is 92 and doesn’t actually owe the money , but there is nothing he can do to stop the tax demands coming” The reader, identified as JP, explained: “HMRC ha
Working from home ain’t the same as working in the office. I mean, you can’t do your laundry at the office – unless you have a really nice office setup. Now, the thing that’s interesting is that most law firms – most employers, I would go so far as to say – treat in-office and virtual employees the same way. That’s a combination of inertia, and a failure of imagination.
When it comes to luxury timepieces, Rolex stands at the pinnacle of perfection. Known for their impeccable craftsmanship, precision, and timeless elegance, Rolex watches have become a symbol of success and sophistication. However, not everyone can afford the hefty price tag that comes with owning an authentic Rolex. That’s where replica Rolex watches come into the picture. – In the world of luxury timepieces, Rolex stands as a symbol of prestige, craftsmanship, and timeless elegance.
Getting to Know Linda Woodward of Content Critical Solutions Judge Dismisses FDCPA Unpaid Rent Suit for Lack of Standing Florida Appeals Court Overturns Dismissal of Debt Collection Lawsuit CRM Platform Creatio Raises $200M at $1.
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.
A former Law Firm manager who transferred thousands of pounds from client accounts has said she was trying to stop the business from failing. Jacque Aitken, an Office Manager employed by Hampshire law firm Simpkins & Co Solicitors for eight years, admitted transferring money from the client account to the office accounts on two matters without the client’s knowledge or consent, according to a Solicitors Regulation Authority (SRA) decision notice.
Here’s the latest risk management guidance, published in May 2024, from B&N’s Attorneys Risk Management practice group. BN – Tip of the Month – Be Wary Scams and Frauds-Continue to Dupe Lawyers Out of Client Money – May 2024 The post Barron & Newburger’s Latest Risk Management Guidance appeared first on Barron & Newburger, P.C.
A U.S. bankruptcy judge on Friday approved Rite Aid’s restructuring plan, allowing the pharmacy chain to cut $2 billion in debt and turn over control of the company to a group of its lenders. U.S. Bankruptcy Judge Michael Kaplan approved Rite Aid’s bankruptcy plan at a court hearing in Trenton, New Jersey, saying that the restructuring had saved the company from having to shut down and liquidate operations.
Provana, a highly specialized knowledge process management provider, announced today that it is expanding its footprint in tech-enabled end-to-end revenue cycle management solutions through a strategic growth strategy. With the recent acquisitions of five specialized revenue cycle companies, Provana further adds to its depth and expertise, positioning it as a revenue cycle leader serving the specialty practice arena.
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.
British Gas has apologised after it told a customer it was sending his details to a debt collection agency for a £2,500 bill which the energy supplier had charged in error. John Spink received a letter in April saying he owed the large sum following months of seeing his gas and electricity bills spiral after he had a smart meter installed in his home.
Judge Awards $14k in Damages, Attorney’s Fees in FDPCA Default Judgment Over Missing Dispute Flag AI Taught To Interpret Human Emotions in Real-Time Court Approves $3.
Global expansion to bring innovative, efficient, and compliant solutions to clients and service providers facing cost challenges and capacity constraints. BONITA SPRINGS, Fla., June 25, 2024 — TRAKAmerica (Data Search NY Inc.) is pleased to announce the acquisition of KnovaOne, a fast-growing business process outsourcing company with demonstrated legal and accounts receivable management industry experience.
The Superior Court of New Jersey Appellate Division has reversed a previous dismissal of a class-action Fair Debt Collections Practices Act claim that accused the defendant used misleading debt-collection form letters, which threatened negative credit reporting despite the debts already being reported.
CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.
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