Tips for Starting a New Business
So you’ve decided to take that leap of faith, and you’re starting a new business. That takes a lot of backbone, and it’ll be a lot of hard work, extra hours, and plenty of blood, sweat, and tears. The reward? Potentially, freedom – both career-wise and financially. In order to get there, though, you need […]
Expert Tips on How to Collect on Debt
Debt collection is an important part of every successful business. If you’ve been in business long enough, and have served enough customers, you’ll inevitably run into a client that has issues with making payments. The first time that happens, it can be extremely frustrating and uncomfortable. However, there are ways to increase the likelihood that […]
Collecting Debt – 6 Tips to Get Paid On Time
Collecting debt can be tricky and can take a toll on your business and relationships. Here are 6 tips to ensure you get paid! #1 – Agree on Terms and Get a Deposit Your payment terms should be incredibly clear and well written. Be sure to get a contract, in writing, that stipulates that both […]
Five More Important Facts About Debt
1. Most Americans are Burdened with Credit Card Debt While Americans paid off a big chunk of debt over the pandemic (largely thanks to those stimulus checks!), the average household in the US owes over $90,000 in debt. Sound high? Well, it factors in school, car loan, and mortgage debt. While those 3 contribute to […]
Regulation F
Link to Regulation F From the American Bar Association’s September 21st Article by Caren D. Enloe The Debt Collection Rule: Communications, Disclosures, and the Other Changes You Need to Know Caren D. Enloe On November 30, 2021, the Consumer Financial Protection Bureau’s (“CFPB’s”) much-anticipated Debt Collection Rule (the “Rule”) will take effect.[1] The (“Rule”), which […]