Wed.May 01, 2024

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Welcome to our May Commercial Credit Management Q&A Blog

Credit Management Group UK

Question One: We have obtained a Default Judgment against one of our customers, however the customer now wants us to remove the judgment and accept payment in instalments. We would prefer to get paid the full amount immediately. Where do we stand? Answer: If the debtor pays the full amount of the judgment debt to you within 30 days of the date of the Judgment, they can apply to have the Judgment removed from their record, to do this you will need to confirm to the court you have received payment

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Increasing Your Savings on a Low-Income Salary

Credit Absolute

A low-income salary can create challenges when it comes to reaching your financial goals. You may want to take a vacation, buy a new car, or just put some cash away for a rainy day, but how can you do that with a limited income? Although you may struggle to add to your savings, there […] The post Increasing Your Savings on a Low-Income Salary appeared first on Credit Absolute.

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Exploring ego and true spirituality

Due

A deep-seated dichotomy exists between the mind and the spirit in the vast expanse of human consciousness. This dichotomy, often overlooked, forms the very essence of our existence. Many of us believe in the existence of a soul, a spiritual essence that goes beyond our physical bodies. Yet, we often find ourselves completely identified with our minds, which embodies ego.

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Primary Analysis: Asda

Reorg Blog

U.K. supermarket chain Asda is currently marketing £1.75 billion senior secured notes due 2030 in tandem with the €1.05 billion term loan due 2031 that was launched last week.

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Unlocking financial freedom through early investment

Due

When we think of financial freedom, images of opulence, luxury, and worry-free living often come to mind. However, the true essence of financial freedom lies not in extravagant wealth but in having sufficient savings, investments, and cash on hand to support the lifestyle you desire for yourself and your family. It’s about living free from the constant anxiety of financial hardship and having the freedom to make choices that enhance your enjoyment of life.

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Global Gaming Sector Quarterly: Global Market Resilient; Strong European, US Issuance; Online Exposed Names, Lottomatica, Flutter Demonstrate Strong Fundamentals, Future Growth Potential

Reorg Blog

The post Global Gaming Sector Quarterly: Global Market Resilient; Strong European, US Issuance; Online Exposed Names, Lottomatica, Flutter Demonstrate Strong Fundamentals, Future Growth Potential appeared first on Reorg.

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More Trending

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‘Jong’ en ‘oud’: het overbruggen van de leeftijdskloof in de financiële sector

Onguard

51% van de jongere generatie (18 tot 34 jaar) vindt dat hun generatie meer openstaat voor datagedreven werken dan hun ‘oudere’ collega’s, zo blijkt uit een recent onderzoek van Onguard. Maar wat betekent dit in het tijdperk van digitale transformatie en de snelle uitbreiding van technologie op de werkplek? En hoe kunnen bedrijven deze leeftijdskloof benutten om technologie op de best mogelijke manier te integreren?

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Interest rates remain unchanged due to a ‘lack of progress’ on 2% inflation according to Fed

Due

The Federal Reserve, as the authoritative body, has announced that interest rates will remain unchanged due to a “lack of progress” in bringing inflation down. The government body published a statement on behalf of the Board of Governors for the Federal Reserve System showing that the target of 2% or lower hasn’t been reached. Interest rates bob and weave above 3%, which isn’t good for the average American business, as most would have hoped for a cut after today’s announcement. “Interest r

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Top Use Cases for Order-to-Cash

Emagia

Generative AI took the business community by storm in 2023, sparking a flurry of interest and prompting organizations to evaluate its potential uses. As we approach 2025, this evaluation period will give way to broader adoption as more companies embrace the technology. “The time has come to take advantage of it in terms of how we do things and how we might be able to do things better,” says David Schmidt, Managing Director at A2 Resources and former longtime contributor with Credit T

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Border Checks. The post Brexit world now hitting home?

Cpcmcredit Blog

I would generally hesitate to link to the Guardian on any subject surrounding Brexit but this piece gives a balanced clear assessment of the current status of EU border controls for “perishable” goods The key issue here is that the imposition of border checks into the uk are about to commence. The impact and cost to major importers is probably not significant.

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The Financial Impact of Inefficient Training: How to Address Turnover, Quality, and Operational Output

Due

Training is a key element of any successful business. Likewise, identifying and eliminating potentially inefficient training methods is also a necessity. In a world where technology is constantly rewriting the playbooks, the need to stay up-to-date and efficient with the latest tools, processes, and methodologies has become essential to ongoing success.

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Accelerate Invoice Processing for Accounts Payable in NetSuite Using GiaDocs AI

Emagia

Improving invoice processing for Accounts Payables in NetSuite using an AI tool like GiaDocs can significantly enhance efficiency, accuracy, and overall financial management. “Efficient invoice processing is no longer just an operational necessity, but a strategic asset. Companies that harness the power of AI and automation in their accounts payable are not only achieving cost reductions but are also enhancing accuracy, speeding up processing times, and gaining invaluable insights into the

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Varta Faces €50M-€100M New Money Need

Reorg Blog

Battery group Varta AG is running short of liquidity and faces a roughly €50M to €100M need to provide it with a runway to continue operating.

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Maximizing OTR Fuel Efficiency

Commercial Credit Group

There are plenty of expenses that truck drivers, and fleet managers in the transportation sector need to monitor closely – maintenance, insurance, food and lodging to name a few, but fuel ranks highest in prevalent business expenses for truckers. With costs in the transportation industry higher than ever and spot rates struggling to keep up with heightened expenses, it becomes even more important to ensure you and your business are taking necessary steps to keep spending on fuel at a minimum.

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Global Gaming Sector Quarterly

Reorg Blog

This edition of the global gaming quarterly report sets out the key sector developments during the first quarter of 2024.

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Binance founder jailed for four months

Due

A Seattle federal judge has held the founder of Binance accountable for his part in an elaborate money laundering scheme. Changpeng Zhao pleaded guilty to the charges held against him last year by the Justice Department, the Commodity Futures Trading Commission (CFTC), and the Treasury Department. Zhao, in a move to settle his tab with government lawmakers, agreed to pay a staggering $ 50 m from his funds.

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Petrofac 2026 Senior Secured Notes Fall 10 Points

Reorg Blog

Quotes on Petrofac’s $600 million 9.75% 2026 senior secured notes, or SSNs, fell to the low 20s from around 30 this week.

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