Sat.Jul 04, 2020 - Fri.Jul 10, 2020

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Our Debt Collectors Get Compliments From Consumers

American Profit Recovery

“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.

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Working From Home Means Automating Accounts Receivable

Enterprise Recovery

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?

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What Debts Will Remain After A Chapter 13 Discharge?

Sawin & Shea

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?

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How to Write an Effective Credit Policy for Your Company?

Nexa Collect

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.

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Solve Your Firms Automation Complexities Once and For All

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.

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From Coworkers to Best Friends

American Profit Recovery

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.

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Indiana Rental Assistance Program

Sawin & Shea

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.

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New Report: Consumer Debt in the Age of COVID-19

True Accord

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.

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Tom Yodzis Joins Brown & Joseph

Brown and Joseph

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.

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Understanding Easements, Rights-of-Way and Their Affects on Property Value

Jimerson Firm

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.

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Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

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.

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How to Find a House: Try These 6 Top House Hunting Websites

Credit Corp

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.

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How the Tennessee Justice Center (TJC) is Helping Households Reduce Harmful Levels of Medical Debt

Prosperity Now

Guest blog post by Rob Watkins, Staff Attorney, Tennessee Justice Center (TJC) Medical debt is the leading cause of personal

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Supreme Court Issues Highly Anticipated First Amendment Ruling in Barr v. AAPC

TCPA

This morning, the United States Supreme Court issued its highly anticipated ruling in Barr v. American Association of Political Consultants.

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Bringing a Residential Foreclosure Action? You Need a Verified Complaint

Jimerson Firm

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.

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How Collection Agencies Minimize Effort and Maximize Results with the Right Software

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.

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Employment Resources: Five Steps for Finding a New Job

Credit Corp

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.

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Supreme Court bans debt collection robocalling to cellphones

Public Citizen

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.

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Spotlight: NYC Kids RISE is Providing Emergency Economic Relief to Families

Prosperity Now

NYC Kids RISE is supporting families and neighborhoods facing heightened obstacles because of the COVID-19 pandemic.

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Perfecting Rights Under the Miller Act for Federal Construction Projects

Jimerson Firm

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.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

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.

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How to Make 2020 the Year You Become Financially Secure

Credit Corp

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.

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Peer Ziegler Joins re:ceeve to Bring Seamless Product Implementation to Clients

Re:Ceeve

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.

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Leverage Technology to Grow Your Accounts Receivable Business

PDC Flow

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. .

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Employer Update: Michigan’s NEW Mask Rule – Does it Affect My Business?

Fraser

On Friday July 10, Governor Whitmer tightened prior rules for wearing of masks, or “face covers.” In summary, the Order requires customers who enter any “indoor public space” of a business to wear a mask, and obligates all businesses that make such “indoor public space” available to require their customers to wear masks.

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How To Optimize Cash Flow: Your Roadmap To Resilience!

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?

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Read FDA's warnings on dangerous hand sanitizers

Public Citizen

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.

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The Emerging Economic Powerhouse: Millennials - Their Debts and Habits

Re:Ceeve

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.

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How To Remove Bonneville Collections From Your Credit Report

Better Credit Blog

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.

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Contactless Payments: Are They Safe?

Fico Collections

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.

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When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

Are you finding some snags in your collections process? With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.