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Lawyers look for revenue in all types of places. Sometimes they try to reduce overhead. Sometimes they try to generate more leads. Sometimes they try to convert more leads. Sometimes they try to throw more money at the problem. Sometimes they try to throw less money at the problem. If most of those solutions haven’t worked – keep reading. O ne place you can find lost revenue is by focusing on your current clients.
Intelligent Automation (IA) takes financial process automation to the next level. It not only tackles relatively simple and routine processes with ease, but also those that until now seemed too complicated and unpredictable to be automated, and it’s here where organisations can benefit from increased efficiency and a reduction in costs. Crucially, while this innovation allows finance professionals to focus on providing personalised services to their customers, understanding of the technology is
New medical debt collection laws in Nevada and New Mexico may provide some help to consumers when dealing with our complicated and convoluted medical billing and insurance system. They don't do anything to help bring down the price of medical care but in the case of New Mexico's law in particular, may help to bring some transparency.
BEDARD CONTINUES BREAKDOWN OF VALIDATION INFORMATION DISCLOSURES As discussed last week, there are four pieces of information that make up what the Consumer Financial Protection Bureau refers to as “validation information” in Regulation F. They are: debt collection communication disclosures, information about the debt, information about consumer protections, and information about how the consumer can … The post Daily Digest – June 23.
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?
Selling a house can be a time-consuming and costly process, no matter where you live or when you list it. But you can make the experience less painful and even get higher offers by paying attention to the current conditions of the market and adjusting your approach accordingly. These tips for selling your home can. Taylor Getler writes for NerdWallet.
With novel artificial intelligence (AI) applications multiplying like rabbits these days, it may seem like the current wave of AI innovation is all beer and skittles. Lawsuits have a way of sobering up any metaphorical party and, in the wake of numerous high-profile racial bias and fairness cases, The Wall Street Journal reports that companies including Google, Twitter and Salesforce say they “plan to bulk up ethics teams responsible for evaluating the behavior of algorithms.”.
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With novel artificial intelligence (AI) applications multiplying like rabbits these days, it may seem like the current wave of AI innovation is all beer and skittles. Lawsuits have a way of sobering up any metaphorical party and, in the wake of numerous high-profile racial bias and fairness cases, The Wall Street Journal reports that companies including Google, Twitter and Salesforce say they “plan to bulk up ethics teams responsible for evaluating the behavior of algorithms.”.
Although filing for bankruptcy can solve many of the issues you are dealing with, ease your stress level, and give you a chance to breathe, it cannot remove all of your worries. If you are contemplating filing for bankruptcy, you are probably overwhelmed with debt that you can’t repay while dealing with creditors. Many people in your situation are also behind on their rent and concerned about being evicted.
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 Nick Prola of Pr
It’s a seller’s market in real estate, which means that buyers have much to feel anxious about. But sellers have reasons to lose sleep, too. What if they make an expensive mistake? It’s easy to find lists of common homebuying mistakes, but home selling errors are harder to describe. They’re subtle, often involving mindset and. Holden Lewis writes for NerdWallet.
Demand emails- we see A LOT of them. Whenever we are sent a new debt to collect our client’s will include the emails they have already sent their debtor requesting payment. Obviously it hasn’t worked and it is almost always because of this reason- the sign-off is too nice. It is completely different to the body of the email- you have to be consistent.
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.
Five Jimerson Birr Partners Named Florida Super Lawyers and Rising Stars in Business Litigation. Jacksonville, Fla. – June 24, 2021 – Jimerson Birr is proud to announce that five of its partners have been recognized as 2021 Florida Super Lawyers and Rising Stars in Business Litigation. Managing partner Charles B. Jimerson and partner James O. “Joby” Birr, III received the Florida Super Lawyers designation for the eighth consecutive year, and Austin B.
Even though the COVID-19 pandemic may be close to ending, that does not mean that consumer protections put into place during the pandemic are on the way out, too. In this case, protections put in place to keep renters and homeowners in their residences and not face evictions or foreclosures may continue through the end … The post Waters Seeks Foreclosure Moratorium Extension as CFPB Preps Rule appeared first on AccountsRecovery.net.
Getting ready to sell your home? No matter the listing price, in today’s strong seller’s market, you may find yourself getting at least one cash offer. In March 2021, 23% of home buyers (including real estate investors) financed their purchases with cash, according to the National Association of Realtors. But are cash offers better for. Kate Wood writes for NerdWallet.
Right then folks- there are mere days left. If you’re like most business owners, you want your bank balance at 30 June to be as healthy as possible. Here’s how to convert “Money owed” to “Cash at bank”. – Sell the benefits, for them, in paying you before 30th June. Closure and the opportunity for “a fresh start in a brand new year without this debt hanging over their head”.
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 District Court judge in Washington has awarded two plaintiffs more than $60,000 in emotional damages in a bench trial after suing a collector for allegedly violating the Fair Debt Collection Practices Act because the defendant attempted to collect more than what was owed and for making false and misleading statements when attempting to collect. … The post Judge Awards $62k in Emotional Damages to Plaintiffs in FDCPA Case appeared first on AccountsRecovery.net.
Gird yourselves, homeowners — it’s shaping up to be another dangerous hurricane season. The National Oceanic and Atmospheric Administration is forecasting three to five major hurricanes this year, amid a total of 13 to 20 named storms. If you live in a hurricane zone, now is the time to take action. You can’t prevent a. Sarah Schlichter writes for NerdWallet.
Today, we’re excited to launch a new platform specifically for bookkeepers. It’s the first time we have tailored our debtor management solution to focus on a particular business market. A growing list of bookkeeping customers prompted Debtor Daddy CEO and co-founder Matt McFedries to develop ‘Debtor Daddy for Bookkeepers’. “Until now it’s been difficult for bookkeepers to offer a complete debtor management service to their clients,” McFedries said.
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.
It is hard to find a news post without a story on a ransomware attack. The National Security Council has issued an open letter warning all businesses to be alert and prepared for ransomware attacks. Various industry groups have issued multiple alerts with tips specific to businesses in their field. Unfortunately, it often takes getting hit by a ransomware attack to accept the idea that all businesses are potential victims of ransomware attacks.
Anyone who had the good fortune of crossing paths with Robbie Malone has a great story to share. Larger than life in many ways, Robbie epitomized everything that is good about her home state of Texas. The accounts receivable management industry is a less-colorful place today because of her passing. To celebrate Robbie, AccountsRecovery.net reached … The post Friends and Colleagues Share Memories of Robbie Malone appeared first on AccountsRecovery.net.
Closing a Wells Fargo account is a relatively simple task. Whether you’re looking to part ways with a checking, savings or credit card account, the steps are similarly straightforward. Here’s how to navigate the process. Key takeaways: Generally, you should open another account first before you close your Wells Fargo account. Get your balance to. Sam Kemmis writes for NerdWallet.
On Monday, the United States Supreme Court denied Thelma McCoy’s petition for a writ of certiorari to the United States Court of Appeals for the Fifth Circuit, passing up a golden opportunity to bring uniformity to the “important and recurring question” of how to determine the sort of “undue hardship” that qualifies a debtor for a discharge of student loans under 11 U.S.C. § 523(a)(8). [1] The Bankruptcy Code generally excludes student loan debt from the genera
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.
Oftentimes, residential and commercial real estate developers or brokers may confront title issues that interfere with the ability to sell or close on a property. If the property owner does not have clear, marketable title, it means that there is a “cloud on title.” Since clouds on title interfere with the ability to sell or close on real property, residential and commercial brokers will need to consider effective ways to have the cloud on title removed.
As discussed last week, there are four pieces of information that make up what the Consumer Financial Protection Bureau refers to as “validation information” in Regulation F. They are: debt collection communication disclosures, information about the debt, information about consumer protections, and information about how the consumer can respond to the letter.
If you rely on PayPal to process payment from customers, vendors or both, then you might be wondering what your PayPal credit card reader options are. The online invoicing that PayPal offers can be a lifesaver for companies that need to remotely access payment from customers. But for those moments that you find yourself face-to-face. Maddie Shepherd writes for NerdWallet.
2020 will show up in the history books as a year with a record low in bankruptcies. Due to the pandemic, the financial uncertainty it caused, and the huge impact of government support, that might seem somewhat unbelievable. But what is not happening already, is in this case definitely going to come. The question is not whether government support will end, the question is when it will.
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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