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“You were very nice…You’re definitely nice to work with. You definitely made the experience that much better. Thank you.”. “Thank you very very much, you’ve been a huge help.”. “You don’t sound like a debt collector, you are too nice”. You read the title of this article correctly. Our collectors get complimented by the consumers they are calling on each and every day.
While many businesses are trying to return to a new normal after the impacts of the COVID-19 pandemic, some have opted to move to remote work for the rest of 2020. For paper-based A/R departments, this move has been especially challenging. Sending invoices and receiving checks are necessary components to maintaining working capital and cash flow but what happens when the employees responsible are no longer in the office?
Chapter 13 bankruptcy can wipe out most kinds of debts and leave you with a much brighter financial picture. But Chapter 13 can’t discharge all types of debt you’ve taken on. Some debts will remain after your bankruptcy, although you’ll be in a much better position to handle them. Here’s a closer look at how it works. Which Debts Can Be Discharged By Chapter 13 Bankruptcy?
Having a clear, thorough, and enforceable credit policy is critical for businesses that extend trade credit to their customers. It delineates who you’ll extend credit to, under what terms, and describes your process for collecting on delinquent accounts. It’s intended to offer guidance to your credit department when faced with difficult decisions. It also standardizes credit practices so that both your staff and your customers know what to expect when credit is extended.
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?
By John C. Back in March when the pandemic was starting to gather speed and we were sent home with our computer equipment to work, I had no idea what to expect. At first I was insanely excited, I remember asking about the WFH opportunities when I first started at American Profit Recovery and was a little bummed when I was informed that it wasn’t an option.
web polls. Each year the Florida Legislature proposes amendments to various sections of the Florida Statutes, and some of those proposed amendments involve community association governance. Florida Governor DeSantis recently signed several proposed bills into law that took effect on July 1, 2020, and some of which address Florida’s community associations options for regulating issues involving emotional support animals, fireworks and law enforcement vehicles.
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web polls. Each year the Florida Legislature proposes amendments to various sections of the Florida Statutes, and some of those proposed amendments involve community association governance. Florida Governor DeSantis recently signed several proposed bills into law that took effect on July 1, 2020, and some of which address Florida’s community associations options for regulating issues involving emotional support animals, fireworks and law enforcement vehicles.
Today, TrueAccord released Consumer Debt in the Age of COVID-19 , a report exploring how debt repayment and other consumer behaviors have changed throughout the coronavirus crisis. Based on aggregated, anonymized data from 12 million U.S. consumers, the report highlights that consumers cho?se to pay off debt when provided with an infusion of cash, even during a time of unprecedented economic uncertainty.
There is rent money help available for Indiana residents affected by the economic ramifications of Covid-19. Thousands of good Hoosier families have fallen behind in their rent through no fault of their own. To help those individuals, the State of Indiana and the city of Indianapolis have announced rent assistance programs. These programs could help you cure several months of rent.
ITASCA, IL – Brown & Joseph, an international commercial collection agency for Insurance Premium Recovery announces that Tom Yodzis, formerly with CNA Insurance and Zurich… The post Tom Yodzis Joins Brown & Joseph appeared first on Brown & Joseph, LLC.
The value of property can be highly dependent on the rights—like easements and rights-of-way—that come along with it. For example, your property value will be affected by the extent of your ability to build on the property, or if a neighboring property owner has the right to drive through your property. These ancillary rights can be through licenses, covenants, easements, or rights-of-way.
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.
Buying a home is a big commitment —financially and in other ways. Searching for that home can be stressful in the best of times. During emergency times, such as the 2020 COVID-19 pandemic , your options for house hunting might even be more limited than normal. Find out how to find a house online, and check out six house hunting websites to get you started.
In 2010, the Florida Supreme Court amended Florida Rule of Civil Procedure 1.110(b) to include a verification provision in foreclosure complaints. Subsequently and in an effort to expediate the residential foreclosure process in Florida, the Legislature enacted Section 702.015, Florida Statutes , which sets forth additional pleading requirements for foreclosure complaints.
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.
The Congressional Budget Office believes the unemployment rate will hit 16% during the summer of 2020 due to the impact of the coronavirus. With so many people on the hunt for a new job, landing an interview and getting hired is going to prove difficult for many. But the truth is that getting a new job isn’t always easy even in the best of times, which is why using all possible employment resources is important.
by Stephen Gardner. Today, the Supreme Court held that collecting government debt by robocalling cellphones didn’t deserve special First Amendment treatment. In Barr v. American Assn. of Political Consultants, Inc., the Court held that a 2015 amendment to the Telephone Consumer Protection Act, which allowed cellphone robocalls to collect federal debts (such as student loans and mortgages), gave unconstitutionally favorable treatment to federal debt collection over other types of speech.
Contractors cannot file mechanic’s liens on public construction projects, such as work on military bases, courthouses, or government owned buildings. Instead, the Federal Miller Act, 40 U.S.C. § 3131-3134 , fills in this gap by protecting certain levels of subcontractors and material suppliers from general contractors who fail to pay them on federal construction projects.
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.
Let’s think back to the end of 2019. With a new year approaching, people throughout the world were making resolutions, hoping to set out on paths that would lead them to greater things. Some wanted to get fitter or win their dream jobs—but one of the most common goals every year is to become financially secure. The average person spends so much time worrying about money (often for good reason) that it’s one of the most practical objectives they can pursue.
I am happy to welcome Peer Ziegler to re:ceeve as our Senior Vice President of Operations. Peer brings a proven track record of project management and implementation success, and joins us to run client-facing software implementations and build our customer success department. His role is essential in ensuring the onboarding process of our software for our clients is effortless and enables clients to hit the ground running.
It’s hard to imagine adding more unknown factors to the uncertain future of running a business this year. Thinking about your company’s growth at this time may even be scary. The fact is, though, you should embrace this time of disruption to prepare your business for an even stronger future. The easiest starting point is to leverage technology to optimize daily office operations. .
Lots of folks are using hand sanitizer these days. Sometimes it is hard to find hand sanitizers on the shelves or on-line, and there might be an inclination to buy any brand you find. Because there are a bunch of dangerous brands on the market containing methanol (which can be toxic, even life-threatening when ingested), I thought I'd post the FDA's warnings about methanol-containing hand sanitizers.
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.
Is Bonneville Collections bringing you down? If the name above has popped up on your credit report recently, it’s probably because of a bill that slipped through the cracks. The agency could also be contacting you by mistake, which can be exceptionally frustrating as debt collection agencies are notorious for their repeated phone calls. Whatever the case, having a collections account on your credit report can result in incessant phone calls, letters, and a lower credit score.
Millennials and millennial lifestyle are captivating topics of discussion featured frequently in the media. The demographic of people born between the early 1980s and early 2000s represent the rapid transition from an analog generation to a new digital age. This makes them unique and thus, an intriguing topic of interest. Millennials are approaching their peak spending age, with some of them even in their thirties with kids and mortgages.
As a result of COVID-19, the use of contactless payments is expected to rise 10–15% in the U.S. according to Mercator Advisory Group Analyst Peter Reville. This is an estimate he shared in a recent American Banker article. And we’re continuing to see increases of its usage worldwide. With this uptick in usage leaving many wondering just how secure this payment method is, I thought it was important to answer some commonly asked questions.
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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