Account Recovery

JULY 21, 2022

Three-quarters of individuals earning less than $100,000 per year say their earnings are falling behind their cost of living, compared with 50% who said so 22 months ago, according to the results of a survey released by Primerica. As well, the number of individuals who have an emergency savings fund that could cover an expense … The post More People Having Problems Making Ends Meet: Survey appeared first on AccountsRecovery.net.

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Nerd Wallet

JULY 20, 2022

The on-time airline arrivals rate hasn’t been this bad since 2014. Since airports are chaotic, you may opt to drive, but gas prices have been soaring. Plus, hotel prices have hit all-time highs, even though many properties cut some services like daily housekeeping. Despite all those deterrents, traveling might be non-negotiable. You might have five.

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American Profit Recovery

JULY 21, 2022

Our economy is changing, and you need to be ready! If your business has thought about hiring a collection agency to improve cash flow, but has never made a firm decision, you’ll want to listen up. Economic conditions are changing rapidly, and your ability to weather the shifting conditions could rely on just a few basic principles and techniques in your business.

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Collection Agencies Collections Agency Collections Debt collector 222

Troutman Sanders

JULY 19, 2022

As peer-to-peer money transfer services (or cash apps) become more popular, there has been an increase in the number of scams enticing consumers to transfer funds to fraudsters. The law currently provides that the banks that own the cash apps are only required to reimburse transactions not authorized by the customer — meaning if a customer is tricked into transferring money to a scammer, but authorizes the transaction, the banks are not responsible for those transactions.

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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.

Account Recovery

JULY 22, 2022

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call … The post Collector Facing Class-Action Suit for Failing to Provide Validation Information in Initial Notice appeared first on AccountsRe

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American Profit Recovery

JULY 19, 2022

When running any type of business, you are obviously dealing with clients and customers who ultimately need to pay you for your goods and services. But we all know that there are a certain percentage of your customer’s over time that will drag out payments, not pay you at all, or run into circumstances where they lose the ability to meet their financial obligations.

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Collection Agencies Collections Agency Collections Debt collector 178

Fico Collections

JULY 21, 2022

Home. Blog. FICO. Continuous Financial Education for Women Small Business Owners. FICO-hosted panel at NAWBO’s 2022 Advocacy Days discusses how financial education impacts access to capital and business growth for small businesses. FICO. Tue, 02/18/2020 - 14:57. by Joanne Gaskin. expand_less Back To Top. Thu, 07/21/2022 - 15:30. In June, I had the pleasure of participating in a panel discussing credit access and financial education for women small business owners at the National Association of W

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Education Financial services Financial Institution Banks 98

Account Recovery

JULY 22, 2022

ORLANDO — Could blockchain be coming to the accounts receivable management industry? A panel of speakers presenting at ACA International’s annual convention here yesterday laid out a series of scenarios in which the technology could be applied to debt collection process, with some surprising benefits. For those who are not terribly familiar with the technology, … The post Panel Discusses How Blockchain Can Improve Debt Collection Process appeared first on AccountsRecovery.net.

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Accounts Receivables Management Collections 246

Nerd Wallet

JULY 22, 2022

Hilton is one of the largest hotel chains in the world. With more than 6,800 properties worldwide, across 122 countries and territories, there is likely to be one of Hilton’s 18 brands in many of the destinations you are looking to travel to. Hilton’s loyalty program, Hilton Honors, offers its members the opportunity to collect. Aaron Hurd writes for NerdWallet.

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Collections 105

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

UK debt collections

JULY 22, 2022

Former Emmerdale TV soap Star Danny Miller has had his company put into liquidation due to a series of unpaid debts. The performing arts company Cannon Professional Acting company owing a whopping £117,528 of unpaid debts. The actor left the popular soap Emmerdale last year before going on to win the 2021 series of I’m a celebrity… get me out of here.

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Creditors Banks Loans 83

Fraser

JULY 18, 2022

The risk of failing to respond to a lawsuit against you is severe. Understanding what a default is, and the implications associated with a default judgment is important when having a lawsuit brought against you. What is a default? A default can occur when a party that has been sued fails to respond to the complaint or otherwise defend against the lawsuit in a timely manner.

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Account Recovery

JULY 20, 2022

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 Larry Baker of R

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Accounts Receivables Management 246

Nerd Wallet

JULY 18, 2022

Once partners, now competitors, Alaska Airlines and Delta Air Lines each have a large presence at Seattle-Tacoma International and Los Angeles International airports. If you live near one of these cities or are planning a trip to visit, you’ll likely have flight options on both carriers. If you’re not already loyal to one or the. Anya Kartashova writes for NerdWallet.

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Collection Agencies

UK debt collections

JULY 18, 2022

Obtaining and enforcing a CCJ may seem straight forward but that is not always the case. A CCJ ratifies a debt and makes it official that the debtor owes money and it must be repaid. Whilst obtaining a County Court Judgment (CCJ) is a often a necessary step in some situations, it does not guarantee the debt will be repaid. When a CCJ is not repaid despite a request by the court to do so, there are various options available to the claimant and creditor.

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Debtor Creditors Banks Judgment 81

Sawin & Shea

JULY 20, 2022

Have you ever been incessantly contacted by a debt collection agency trying to get money from you? Many individuals experience unwanted contact from debt collectors and are unsure how to approach the situation. That’s why we’re here to help. It can be difficult to understand just what exactly these agencies are legally allowed to do, and what crosses the line.

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Account Recovery

JULY 20, 2022

Tel Aviv, Israel and New York, NY –News Direct– Sedric.ai (“Sedric”), an AI-based compliance excellence platform for fintechs and financial services firms, today announced the newest members of its Advisory Board. The experts joining Sedric’s Advisory Board are Joann Needleman, Partner, and Leader at ClarkHills, and a former member of the Consumer Financial Protection Bureau’s (CFPB) … The post Sedric Welcomes New Advisory Board Members to Support its Growth in the

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Financial services 246

Nerd Wallet

JULY 21, 2022

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week, we talk with a business owner about how she launched her IT consulting business, the way she learned to choose the right partners and what her exit strategy is. Check out this episode on any of these platforms: Apple Podcasts. Rosalie Murphy writes for NerdWallet.

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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.

UK debt collections

JULY 18, 2022

A shocking rise in Business insolvencies has seen a 70% increase. The alarming rise has seen business insolvencies jump from 11,261 to 19,191 in the last year. This latest blow is according to analysis by international audit, tax and advisory firm Mazars. The company says the highest interest rates in 13 years have made businesses’ debts more expensive to service and has led to an even greater number of indebted businesses falling into insolvency.

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Construction Government Loans 72

Micro Bilt

JULY 19, 2022

Alternative credit data pioneer MicroBilt today announced that Joseph Fitzpatrick has joined MicroBilt in the role of President and Chief Revenue Officer (CRO). Joe will work directly under the leadership of Walt Wojciechowski, Chief Executive Officer.

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Account Recovery

JULY 19, 2022

CLASS-ACTION ACCUSES COLLECTOR OF VIOLATING FDCPA, FCCPA BY ADDING ‘ILLEGAL’ COLLECTION FEE A class-action lawsuit has been filed against a collection agency, accusing it of violating the Fair Debt Collection Practices Act and the Florida Consumer Collection Practices Act because it allegedly added an “illegal” collection fee that represented 67% of the total amount owed, … The post Daily Digest – July 19.

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Fair Debt Collection Collection Agencies Collections Agency Consumer Collections 246

Nerd Wallet

JULY 18, 2022

Tether’s flagship cryptocurrency, USDT, is supposed to be pegged to the U.S. dollar, meaning that each USDT token should maintain a corresponding value of $1. Since Tether is pegged to a traditional fiat currency, it tends to behave as such, and its value rarely fluctuates. If you’re searching for a cryptocurrency with big growth potential, Connor Emmert writes for NerdWallet.

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Speaker: Genevieve Hancock, CPA

Cash flow isn’t just about balancing numbers - it's about ensuring your organization is positioned for both immediate stability and long-term success. Understanding that cash flow management fuels every decision, every opportunity, and every growth phase is critical. But how can you shift from simply managing cash to strategically optimizing it for resilience?

Financial services

UK debt collections

JULY 20, 2022

Almost half of all Small Business owners on the UK are said to be increasing prices to combat rising costs and increasing late payments. The SME Insights Report, released by Simply Business, one of the UK’s biggest small business insurance providers, saw over 1,000 small business owners from across the UK surveyed. It lays bare the truth of how SMEs are responding to the current economic climate – navigating an uphill challenge of rising costs, late payment, staggering levels of inflation and po

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Collections 59

Public Citizen

JULY 17, 2022

by Jeff Sovern. The House Energy and Commerce Subcommittee on Consumer Protection and Commerce has forwarded to the full committee a bipartisan bill (draft here , though perhaps not the version the subcommittee approved; section-by-section commentary here ). The last I heard, Senator Cantwell, the Senate Commerce Committee chair, had not signed on, putting the bill's future in doubt.

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Account Recovery

JULY 18, 2022

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

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Nerd Wallet

JULY 18, 2022

When Brandy Baxter needed to replace her home’s entire heating and air conditioning system several years ago, she asked contractors if they offered deals at certain times of the year. She learned that if she waited until February, the slow season for such work, she could get a lower price. Baxter, a financial coach based. Kimberly Palmer writes for NerdWallet.

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