Debt Collection Agency Gets Healthy

A debt collection agency founded in California started a scheme to motivate and educate employees to live healthier lifestyles in early January. There are twenty eight employees at the agency; more than half are currently participating in the implementation.

Everyone that is participating in the program have made a goal to lose ten percent of their total body weight by the end of June. Every Monday morning weigh-ins are scheduled and employees have an opportunity to win two cash prizes for losing five percent of their body weight by the end of March, and then another five percent by the end of June.

The Agency’s executive said that he had been thinking about the initiative for quite some time. He declares it perfect for the stereotypical office setting that is fraught with unhealthy eating, and employees taking breaks to get fast food. He made note of the fact that attempting to make employees lose weight was more cost efficient than actually getting health insurance for his workers.

In an attempt to get employees to live healthier, the agency hosts sporadic lunches and “education track meetings” once a week. The meetings are crafted to help workers target and plan for their weight loss goal. So far the program has been successful. The collection company has collectively lost 72 pounds to date. That’s the size of a small child.

The program strives to produce a better all around worker. It logically follows that a less stressed worker will be more efficient and motivated. While a really relaxed debt collector may not seem like they would be the most efficient worker, it all seems like an OK idea. As the government tries to sort out the health care system, perhaps it is time that more companies like this take this route. If employees cannot get health insurance, health initiatives and goals at work could be the next best solution.

Mallory McGuinness works for a debt collection company. Also she writes articles on business, finance, the credit industry and collection agencies.

Bankruptcy Attorneys Get Down At Gathering

For some reason a gathering of mid-level bankruptcy professionals made it into the news recently. They met at a bar, some networked, others found new clients, and others just came for the fun. Sources reveal that all of the young executives were having an enjoyable time.

Perhaps one of the only industries flourishing in today’s economy; the corporate restructuring profession is experiencing an upswing. According to statistics, U.S. business bankruptcies climbed up to 38% in 2009 from the year before. That’s a pretty big change.

This increase nudged advisory firms into bulking up their practices with new “turnaround experts,” young lawyers who burn the midnight oil in order to handle the blitz of bankruptcy cases. Established pros have without a doubt enjoyed a good company-approved networking outing; wine tastings, makeover and martinis groups, and golf are just a couple of examples. Unfortunately, this leaves only the less experienced attorneys to work at a desk into the night.

This was not the first get together like this. December marked the first gathering of the “Turnaround Underground” posse. Oops did I say posse? I meant gathering. Turnaround Underground gathering. Some attorneys came to network. A few attorneys came looking for love in all the wrong places. “You can meet your best friend here, meet your significant other here. This is not all about business” a starry eyed lawyer cooed. But some of the party-goers managed to leave work at work, loosening their ties and kicking up their feet.

Fashionably late, guests flooded the bar minutes after the gathering officially began at 7 pm in a classy New York City nightspot. Within 45 minutes, there were BlackBerrys, business suits, and beer as far as the eye could see. In fact, one rowdy attorney who wisely declined to be named was quoted as saying “Everything is better with beer.” All in all, it seems as though Turnaround Underground is a success.

Rapid Recovery Solution is a credit collection agencies.

More than 200 Scranton taxpayers might have received a letter from a collection company they didn’t deserve. The notices are for unpaid garbage fees that may have actually been paid. According to officials, the garbage bill itself for 2009 could be to blame for more than 200 collection notices sent to city taxpayers in error last week.

They believe the issue might be the way the bills were folded into the envelopes. The bill comes along with a perforated line above a bar code that identifies the customer, but because a crease made by the folding of the envelope, a second line under the bar code was formed, causing people to pull the bill off without the bar code.

Bills without a bar code would cause a bank not to register the payment. The mailing house that Scranton hired to stuff the envelopes was blamed. If the bill was mailed to the bank, it would be the pay stub in their payment that goes directly into a lock box. Then the stubs are scanned and the bar code is read. After that the bank sends the town a list of those who had come through based on the bar code readings.

Representatives from the debt collections agency who sent out the letters say that they are taking every dispute from people who might have already paid extremely seriously. Company protocol allows consumers to dispute a notice within 30 days of receiving a collections letter. In addition, representatives said that no bill will be collected while they are still sorting out the issue.

The company look into each claim from people who said they had paid the bill and received the notice. Those that they think have paid will be absolved from their debt and will no longer get collections notices and will not be pursued by the collection company.

Mallory McGuinness works for a collections agency that works with a debt collection lawyer. She also composes articles on business and finance, the credit industry and collections agencies.