Sat.May 16, 2020 - Fri.May 22, 2020

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Historical Marginalization Has Left the Navajo Nation Uniquely Vulnerable to COVID-19

Prosperity Now

The disproportionate contraction of COVID-19 within the Navajo Nation is just one more indicator of the challenges and vulnerabilities that

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How to Use Alternative Data to Build Your Credit Report

Titan Consulting

Key Takeaways: Over 50 Million American lack a credit score or adequate credit history that can be used to grant credit. If you are trying to establish credit for the first time, or just rebuild your credit after a financial hardship, non-traditional data sources may be helpful in establishing or improving your credit score. Several services now exist to help you establish a credit score or improve a poor credit score using non-traditional payment data such as rent, utilities and bank deposit ba

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How Mindfulness Helps You as a Leader

The Kaplan Group

No matter what kind of business you run, the current pandemic is probably testing your leadership skills. Whether your business has gone online, or is still physically open, you are handling new expectations, rules, and staff concerns. Research shows that one of the qualities that most helps leaders remain effective in a crisis is mindfulness. Mindfulness has been a buzz word in popular culture and in leadership training for a few years now.

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Build Your Consumer Connection Pyramid: One Word at a Time

PDC Flow

Share this Article Today’s post is a guest blog written by Mary Shores , agency owner of Midstate Collection Solutions. The coronavirus has touched every one of us in some way and caused a great amount of fear and uncertainty. At the same time, it has required us to isolate ourselves, which means the need for true human connection has never been greater. .

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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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The Page 30 Coalition: Looking Out for the Interests of Underserved Small Businesses During COVID-19 and Beyond

Prosperity Now

For weeks, jobless rates have sky-rocketed and economic activity has contracted as businesses struggle to stay afloat during the COVID-19

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The 5 Best Debt Collection Conferences to Attend in 2020

Arbeit Software

We’ve gathered detailed information on the top five virtual & in-person debt collection conferences you’ll find most beneficial to attend in 2020. Based on our past event experiences and knowledge we’ve gained in 2019, we believe these events will help you gain a competitive advantage in the accounts receivable industry. Notice (3/13/2020) : Due to the novel coronavirus (COVID-19) outbreak, many recent events and conferences have been cancelled, changed or rescheduled for the safety of poten

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Silent E: The New Law Firm Default Is Virtual

NCBA Law Practice Management Blog

The coronavirus pandemic has shaken the global health and economic infrastructure. The legal field is still reeling; and, law firms are adjusting to a new world. For modern law firms to succeed, it’s clear that providing virtual services is now a requirement; it’s no longer optional. But, taking the ‘e’ out of things like epayments and esignature , and normalizing those items as ‘ just ’ payments or signatures is going to take a significant mindset change for the vast majority of lawyers.

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What to do if your tenant has no history?

Micro Bilt

The COVID-19 pandemic has created challenges for many landlords and property managers.

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Who is a “Non-Statutory Insider” for Purposes of Determining Whether a Payment Was Preferential in Bankruptcy?

Foster Swift

One of the objectives of the Bankruptcy Code is to ensure that each class of creditors is treated equally. And one of the ways that is accomplished is to allow the debtor’s estate to claw back certain pre-petition payments made to creditors. Accordingly, creditors of a debtor who files for bankruptcy are often unpleasantly surprised to learn that they may be forced to relinquish “preferential” payments they received before the bankruptcy filing.

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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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10 Things You Buy Every Month That You Can’t Really Afford

Direct Recovery

Whether you are trying to improve your credit score, pay down some outstanding debts, or save money for the future, just about every personal finance expert will tell you that there are plenty of monthly expenses built into your budget that aren’t really all that necessary. In fact, many of those same experts would argue that you are currently spending a small fortune on unnecessary expenses that you simply can’t afford.

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New York Courts to Reopen on Monday for New Filings

FFGN COLLECT NY

New York courts closed on March 16 as the coronavirus spread. During that time, the courts suspended “non-essential” cases, including debt collection matters. Now that infection numbers are falling and restrictions beginning to lift, New York courts are starting to reopen and restore their services. Courts across the state are set to allow electronic submissions of non-essential cases starting May 25.

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CSA Appoints Process and Systems Project Coordinator

CSA

The Credit Services Association (CSA), the voice of the UK debt collection and debt purchase industries, has appointed Colin Matthews to a newly-created role of Process and Systems Coordinator within the Association?s Learning and Development (L&D) team. Colin is tasked with improving the efficiency and effectiveness of the CSA?s current systems and processes, and develop solutions which are scalable to support the growth of the organisation.

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Does bankruptcy have a debt limit?

Albuquerque Law

Many people might wonder if there is such a thing as too much debt. Could a specific amount of debt prevent them from finding debt relief? The simple answer is no – regardless of how much debt an individual has, they have options to achieve debt relief. However, the amount of debt they have could influence which chapter of bankruptcy they file.

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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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Charity During The COVID-19 Crisis

Price Meese

Price Meese Shulman & D’Arminio, P.C. has found a unique way to give back to the local community during the COVID-19 Crisis. In recognition of the fact that local restaurants and shops are taking the economic hit particularly hard as a result of the stay-at-home orders, the Firm has provided each employee a credit of $100.00 to be used to purchase a gift card at a local restaurant or shop.

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The Impact of the CARES Act on US Consumers, Small Businesses, Bankruptcy and Insolvency Laws and Procedures

PBWT

This post originally appeared in International Corporate Rescue , published by Chase Cambria Company (Publishing) Ltd. COVID-19 is taking an alarming and unfortunate toll on the world’s population. In the United States, the number of COVID-19-related deaths will soon approach 75,000. Billions of dollars of economic output will be lost. As a consequence, on 27 March 2020, US lawmakers signed the Coronavirus Aid, Relief, and Economic Security Act (the ‘CARES Act’) into law.

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Existing Home Sales Continue Decline in April

NACM

COVID-19 continues to impact existing home sales, resulting in the second-straight month of declines. The National Association of Realtors announced May 21 that sales dropped 17.8% in April from March, and sales are down roughly the same amount from April 2019. The steep fall is the largest month-over-month decline since July 2010. "The economic lo.

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Creditor v. debt collector: What is the difference?

Albuquerque Law

When individuals get calls demanding they repay their debt, it is easy for emotions, like fear and anxiety, to take over. However, one question remains: who is calling to collect the debt? Is it a creditor or a debt collection agency? This is an important distinction to make. How are they different? Many New Mexicans might believe that creditors and debt collectors are essentially the same.

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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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What Happens If You Can’t Pay Your Commercial Lease in NYC Due to COVID-19

FFGN COLLECT NY

As the COVID-19 infection rate in New York decreases, the focus has turned to reopening the state and returning to work. The “New York State on PAUSE” executive order went into effect on March 22, 2020, closing all non-essential businesses statewide. While necessary from a public health perspective, the effect of the COVID-19 pandemic on many small businesses in New York City has been catastrophic, and affected their ability to pay their commercial lease.