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Looking for the right person to fulfill a position is not an easy endeavor. Searching, interviewing and negotiating the employment terms and conditions all take a lot of time, energy and expense.

Unfortunately, there are some not-so-good people out there looking for jobs, and even though it’s getting harder and harder for people to hide their dirty laundry, the unsuspecting employer could be easily fooled. So, no matter how wonderfully the candidate may perform during the interview and you’re inclined to make them an offer on the spot, take your time and spend a little money on getting a background check. Background checks, like many kinds of investigations, run the gamut and can cost from less than a hundred dollars to several hundred dollars. How far back and how deep you would like to go into someone's background all depends upon what they will be employed to do for you.

In the end, regardless of the costs, knowing if someone has something in their background that could negatively impact your business will be well worth the money spent.

Thomas W. Hamilton

 Industry News

Collection attorneys must conduct 'meaningful review' of suits under FDCPA
A U.S. District Judge recently ruled that a debt collection law firm violated the Fair Debt Collection Practices Act (FDCPA) by not conducting a “meaningful review” of a collection action filed against a consumer. The judge used reasoning from the landmark case Lesher, decided three years ago. Judge Kevin McNulty, in the District of New Jersey, granted the plaintiff summary judgment in Bock v. Pressler & Pressler.
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Top 10 tips for collection companies to improve promises to pay
icomm via ITWeb
Through using the right technology, customers of South African-owned integrated solutions specialist Intuate Group have managed to increase right-party contact rates and streamline the communications processes. Based on the organization's experiences and those of Noble Systems, for which Intuate Group is a preferred partner, it has put together a number of tips that can enhance the productivity of collectors, save resources, gain more promises to pay and improve overall collections results.
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CFPB clarifies how regulations apply to same-sex married couples
The Association of Credit and Collection Professionals
Consumer Financial Protection Bureau (CFPB) Director Richard Cordray recently issued a memo to staff clarifying that, to the extent permitted by law, it is the CFPB’s policy to recognize all lawful marriages valid at the time of the marriage in the jurisdiction where the marriage was celebrated. The policy was issued in response to a U.S. Supreme Court decision in U.S. v. Windsor on June 26, 2013, which struck down Section 3 of the Defense of Marriage Act as unconstitutional.
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Your customer's bookkeeper just embezzled away your money
We hear this often, "I can't pay you (the creditor) because my bookkeeper embezzled our funds and you’ll have to wait." From time to time, some of the claims we receive at CDI have a more colorful background than the usual lack of cash flow excuse. In a recent case that was placed with our office, the debtor, a long-time customer of the creditor, suddenly found themselves in a position they never expected. One of their most trusted employees embezzled quite a bit a money.
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Expert Global Solutions to sell segments of accounts receivable management business to platinum equity
Platinum Equity (press release)
Expert Global Solutions, a global leader in the business process outsourcing industry, announced on July 14, that it has entered into an agreement to sell certain segments of its Accounts Receivable Management business to Platinum Equity, a Los Angeles-based private equity firm with a highly-specialized focus on business operations. Financial terms of the pending transaction were not disclosed.
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12 tips on veterans, baby boomers, generation X and millenials
Etiquette Principles
There are many questions about the different generations that work together in today’s business environment and how to address the obvious generational gaps. There tends to be miscommunication, misunderstanding and frustration. The following tips in this article are the most important things to know.
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