Collections Law

SEPTEMBER 24, 2020

It would be nice if all clients and customers paid up their outstanding balance on time, but that is unfortunately just a fantasy. Bad debt collection is as much of a part of a business as are sales. No business should get bogged down in chasing bad debts. That is why you should leave bad debt collection to the experienced aggressive debt recovery attorneys at the Law Offices of Alan M.

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Payment Savvy

SEPTEMBER 24, 2020

Even though ATMs, mobile banking, and credit card payments are part of our everyday life, some people still write checks. For most of these individuals, it’s become an antiquated habit that is hard to break. For others, they take advantage of the processing lag-time to give a few extra days to receive the money they are writing the check against.

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Better Credit Blog

SEPTEMBER 23, 2020

Are you concerned about a collections entry on your credit report? When debt reaches collections, it can hurt your credit score and leave you on the receiving end of seemingly nonstop phone calls and letters. If the name on your credit report and voicemails is Allied Collection Service, we can help. There’s no need to feel overwhelmed. While dealing with debt collectors can seem daunting, the tips below can help you to stop the agency’s calls and get them off your credit report.

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Account Recovery

SEPTEMBER 24, 2020

A District Court judge in California has granted a defendant’s motion for sanctions under Rule 11 and ordered a plaintiff’s attorney to pay the defendant’s legal bills of more than $27,000 after it was sued for allegedly violating the Fair Debt Collection Practices Act for using a fake summons to try and collect on a … The post Plaintiff’s Attorney Ordered to Pay $27k After Judge Grants Sanctions Motion appeared first on AccountsRecovery.net.

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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.

Enterprise Recovery

SEPTEMBER 25, 2020

A recent report by Freelancer.com revealed that freelance jobs increased over 25% in the 2nd quarter of 2020. With the continuation of uncertainty in the pandemic, employers looking for a more flexible and remote workforce, even replacing some full-time positions with independent workers. Striking out on your own can be daunting but it can be done, and quite successfully.

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Nexa Collect

SEPTEMBER 21, 2020

Customer Success is an increasingly popular business buzzword. But, it’s much more than just a more creative way to say, “ customer satisfaction ” or “ customer service “ Customer Success incorporates customer and user experience, but it goes far beyond making a product or service easy to use. It’s a powerful concept that can transform every aspect of your business because it focuses on results.

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Account Recovery

SEPTEMBER 24, 2020

A vendor that works with healthcare providers has agreed to repay $2.3 million after it was hacked and the personal information of more than 6 million individuals was compromised, in a settlement with the Department of Health & Human Services’s Office of Civil Rights. The vendor — CHSPSC — is owned by Community Health Systems … The post HHS Fines Vendor $2.3M for Data Breach appeared first on AccountsRecovery.net.

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Nerd Wallet

SEPTEMBER 23, 2020

Last year’s savings rates of 2% and higher have come and gone, but that doesn’t mean high-yield savings accounts disappeared. “There are high-yield savings accounts out there, but it’s all relative,” says Mike Schenk, chief economist for the Credit Union National Association. When the Federal Reserve cut its benchmark rate to nearly zero in March, Spencer Tierney is a writer at NerdWallet.

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Credit Corp

SEPTEMBER 22, 2020

A certificate of deposit, more commonly known as a CD, is a special type of savings account. You deposit your money into the account and agree not to make any withdrawals for a certain period of time. At the end of that time, you get your money plus whatever was earned in interest back. Want to know more? We’ve got you covered. We’ll dig into traditional CDs, including what they are, how they work and whether they’re right for you.

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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

Nexa Collect

SEPTEMBER 19, 2020

Do you remember when you were assigned your dentist? The day you pulled their name from the Hat of Dentistry. Or, if you have a practice, you must have fond memories of your patient selection ceremony. No? Of course not. People are free to choose their dentist, and practices have to work to earn their business. The primary driver of these decisions is reputation.

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Collection Agencies Collections Agency Collections 130

Account Recovery

SEPTEMBER 23, 2020

The Department of Veterans Affairs has announced that individuals who have been affected by natural disasters, such as the wildfires in California and Oregon or hurricanes in the Southeast, can receive a 90-day suspension of debt collection efforts, in order to give those individuals time to get back on their feet. “Veterans and their families … The post VA Offers Debt Suspension to Vets Impacted by Natural Disasters appeared first on AccountsRecovery.net.

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Nerd Wallet

SEPTEMBER 23, 2020

You don’t need a travel writer to tell you that the way you travel has dramatically changed due to the coronavirus pandemi. The items on your packing list may also need to change. Of course, there are the obvious things you should add, like masks — they’re mandatory on most airlines and at pretty much. Sally French is a writer at NerdWallet. Email: sfrench@nerdwallet.com.

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Debt

SEPTEMBER 21, 2020

Remember the second stimulus check? Forget it. Members of Congress have many things on their minds between now and election day, but sending another direct payment of $1,200 to U.S. workers, is not one of them. A second round of COVID-19 relief for America’s middle-and-low income workers has taken a back seat to passing a […]. The post Will There Still Be a Second Stimulus Check?

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Collection Agencies

Credit Corp

SEPTEMBER 21, 2020

Did you know that the average household in America pays almost $700 in preparation for going back to school? That money covers a wide range of purchases,including supplies, technology items, clothing and shoes. Depending on your age and your family’s financial situation, your parents are probably covering all your school expenses so far. Or, if you’re in high school or college, you might’ve been covering some of the costs yourself.

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Account Recovery

SEPTEMBER 23, 2020

Only one out of four revenue cycle management companies are not planning on making any permanent changes to their operations as a result of the coronavirus pandemic, according to the results of a survey that were released this month. One-third of those companies are, for example, planning to allow more individuals to work from home … The post More RCMs Planning to Allow Permanent Work-From-Home Privileges appeared first on AccountsRecovery.net.

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Healthcare 246

Nerd Wallet

SEPTEMBER 22, 2020

You may feel like this spring and summer blurred together and passed by as you stayed home amidst the coronavirus pandemic, but fall is a season that undeniably feels like change. If you want to embrace the crisp autumn air with some crunchy leaves underfoot, look no further than some of the nation’s most famous. Meghan Coyle is a writer at NerdWallet.

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TCPA

SEPTEMBER 23, 2020

In a decision that may have far-reaching consequences, a divided panel of the Eleventh Circuit ruled that incentive awards to named plaintiffs—which are routine in TCPA and other class action settlements—are improper. See Johnson v. NPAS Solutions, LLC, No.

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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.

Titan Consulting

SEPTEMBER 22, 2020

Key Takeaways. Multiple state and federal agencies strictly regulate the debt settlement industry. Protections that went into effect in 2010 increased the oversight and scrutiny of the industry, eliminating companies that utilized unethical practices to scam consumers. All types of debt relief programs come with negative consequences, including non-profit credit counseling and bankruptcy, and will directly or indirectly negatively impact your credit score.

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Account Recovery

SEPTEMBER 24, 2020

The “Getting to Know” series is sponsored by Arbeit. Arbeit is a powerful, and easy to use communications platform that empowers businesses to reach more consumers. Innovative by nature, we are constantly listening to and understanding the businesses we partner with and developing long term industry relationships that allow us to be proactive in anticipating … The post Getting to Know Doug Lapointe of Annuity Health appeared first on AccountsRecovery.net.

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Nerd Wallet

SEPTEMBER 21, 2020

For those would-be investors wanting to jump into the stock market but wondering which stock to buy, legendary investor Warren Buffett has a suggestion: Try buying 500 stocks instead. “In my view, for most people, the best thing to do is own the S&P 500 index fund,” Buffett said at Berkshire Hathaway’s annual meeting in May. Tiffany Lam-Balfour is a writer at NerdWallet.

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Jimerson Firm

SEPTEMBER 22, 2020

Parts 1-3 of this series explored alternative pre-foreclosure loss mitigation options for lenders including acceleration and enforcement of personal guarantees. This article explores Section 697.07, Florida Statutes, which governs the assignment of rents. Assignment of Rents under Section 697.07, Florida Statutes. Pursuant to Section 697.

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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

Receivables Control

SEPTEMBER 22, 2020

Receivables Control has the unique perspective of working AR across multiple industries and have seen deterioration resulting from the disruption caused by Covid-19. We want to take this opportunity to review those sectors of the US economy that are negatively impacted and zero in on where we see significant dilution in AR. The travel industry is struggling.

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Account Recovery

SEPTEMBER 22, 2020

A District Court judge in Minnesota has denied a defendant’s motion to dismiss, and in the alternative, a motion to stay a lawsuit filed by a plaintiff alleging the defendant violated the Fair Debt Collection Practices Act during the course of filing its own lawsuit against the plaintiff in an attempt to collect on an … The post Judge Denies MTD in FDCPA Case While State Court Case is Ongoing appeared first on AccountsRecovery.net.

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Fair Debt Collection Collections 246

Nerd Wallet

SEPTEMBER 21, 2020

Most of the biggest U.S. credit card issuers accept applications from residents of Puerto Rico, although a couple do not. And among those that do, there are some limitations about which cards you can apply for if you live in the territory. Below is a rundown of major issuers and their policies on applications from. Sara Rathner is a writer at NerdWallet.

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True Accord

SEPTEMBER 24, 2020

The LendIt Fintech USA 2020 conference is just around the corner on September 29 through October 1, with an exciting lineup of industry experts from leading traditional banks, fintech platforms, and tech companies discussing innovations in lending, digital banking, embedded finance, and more. Here are the three sessions we’re most excited to attend: 1.

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Collections