Debt Collection Agency CEO Explains Why It Is Difficult to Retire in Greater Education


Bohemia, NY (PRWEB) June 28, 2013

On June 28, 2013, John Monderine, CEO of debt collection agency, Fast Recovery Solution, discusses how larger educational specialists are reticent to retire due to financial and individual causes.

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According to an report from Insider Greater Ed, titled, Data suggests baby boomer faculty are putting off retirement, far more infant boomer professors are uncertain when they will retire or if they will even retire at all. A Fidelity Investments report indicates that 74% of professors from the ages of 49 to 67 plan to postpone retirement previous age 65 or not retire at all. 69% stated economic issues as their main reason for delaying retirement while other individuals cited personal and expert causes for staying on the job.

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55% of professors have been unsure if they would have enough money to retire comfortably and 42% want to make the most of social safety payments as properly as continue to acquire well being insurance coverage rewards. The National Science Foundations Survey of Doctorate Recipients, which tracked more than 160,000 Ph.Ds reveals that only 28% of professors had retired by 65. In conjunction with this information, a 2011 TIAA-CREF study shows that only 15% of senior faculty anticipated to retire by 65 and over 25% wished they could retire by 65 but counted on working longer.

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Richard Baldwin, a professor of educational administration at Michigan State University believes the recent recession has triggered many professors to rethink whether or not it is financially feasible to retire or not, I feel many folks are delaying retirement due to the fact there are no clear options as to how theyre going to continue an intellectually fulfilling life as soon as they drop off a cliff. That, coupled with the [recession of 2008], triggered a lot of individuals to reassess retirement.

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John Monderine, CEO of debt collection agency Rapid Recovery Resolution, comments on the capacity of greater educational pros to retire by 65, Far more and more educational specialists are realizing it is not as financially feasible to retire as they when thought it was. Even though numerous worry in retirement they will no longer be a part of the intellectual community of an educational institution, most of these exact same people cant afford to retire or pay for their health benefits with no employer assistance.

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Monderine also adds that the lack of professors selecting to retire will make it much more hard for younger Ph.Ds to find tenure track positions, The reality that fewer professors are retiring will make it significantly harder for younger doctorates to enter the field and attain secure positions at educational institutions.

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Founded in 2006, Fast Recovery Remedy, Inc. is headquartered at the highest point of gorgeous Long Island. Fast Recovery Collection Agency is committed to recovering your funds. We think that every single debtor has the potential to pay if motivated appropriately. We DO NOT alienate the debtors we attempt to align with them and offer you a quantity of approaches to resolve not only your debt but also all their debts.

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Nonprofit Agency Launches HomeOwnership.org — a Comprehensive Online Resource To Help Home owners With Loan Modifications and Foreclosure Alternatives


Riverside, California (PRWEB) January 15, 2010

As shoppers continue to climate the worst housing crisis in 60 years, Springboard Nonprofit Customer Credit Management is pleased to announce the launch of its new web site, HomeOwnership.org. The internet site offers property owners with expert mortgage suggestions, including foreclosure prevention, reverse mortgage counseling and homebuyer education. Springboard is certified by the U.S. Department of Housing and Urban Improvement as a complete housing agency and is accredited by the Council on Accreditation as a provider of high good quality monetary education and counseling services. “Today’s launch of HomeOwnership.org demonstrates Springboard’s commitment to offering the highest level of education and help to property owners in need to have,” said Melinda Opperman, vice president of neighborhood outreach and business relations. “HomeOwnership.org is yet another tool created by Springboard to meet the needs of customers facing a assortment of housing troubles,” said Opperman.

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Homeowners facing foreclosure can schedule a priority counseling session with a certified housing counselor or may possibly get in touch with a designated hotline for quick assist, seven days a week. Distressed home owners can also check out http://www.HomeOwnership.org and enter standard info to figure out the likelihood of a loan modification. In scenarios exactly where homeowners do not qualify for a loan modification, Springboard offers two new applications – the Safe Haven(SM) and Soft Landing counseling applications.

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The Protected Haven(SM) program is developed for the homeowner who has enough revenue but can no longer afford the home due to higher debt and monthly expenditures. The Soft Landing system is created for the homeowner who will not be in a position to remain in the house due to an extended hardship. Both programs were created by Springboard in an work to supply extra choices for distressed homeowners. Springboard’s certified housing counselors are offered seven days a week to support homeowners transition with hope.

Agency Receives Designation as HUD-Approved Regional Intermediary


Riverside, CA (Vocus) July 7, 2010

Springboard Nonprofit Customer Credit Management is pleased to announce it has been authorized by the U.S. Division of Housing and Urban Improvement (HUD) as a regional intermediary agency. This signifies that Springboard serves a distinct regional area with branches or affiliates in eight or fewer states. As a regional intermediary agency, Springboard provides education, technical assistance, oversight and pass via funding to regional affiliates or branches. Springboard is recognized as one particular of the biggest nonprofit HUD-approved housing counseling agencies on the West Coast with offices in California, Nevada, Arizona, Texas and New Mexico.

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Prior to this expanded regional status, Springboard was certified as Multi-State Organization (MSO) offering housing counseling solutions in California, Nevada, and Arizona. Established in 1974, Springboard is a 501(c)(three) nonprofit community service organization that functions to strengthen communities and improve the lives of consumers by providing services that promote economic literacy, homeownership and a healthier economy.

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Have been extremely pleased to get this critical distinction, mentioned Todd Emerson, Springboards president and chief executive officer. This is a significant achievement for our agency and the communities we serve. Springboard has a very educated employees that is committed to supplying extensive housing counseling, top quality financial education and specialist assistance to men and women and households in need to have, stated Emerson.

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Springboards core solutions contain monetary education credit and debt counseling debt management plans bankruptcy counseling and housing counseling, which includes foreclosure prevention and reverse mortgage counseling. In 2009, far more than 200,000 people nationwide contacted Springboard for counseling in credit and debt, bankruptcy, foreclosure and reverse mortgage.

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Springboards new portal http://www.HomeOwnership.org enables customers to access all HUD housing counseling solutions offered by the agency. Homeowners can schedule a priority counseling session with a certified housing counselor or may possibly contact a designated hotline for quick help, seven days a week. Distressed homeowners can also go to http://www.HomeOwnership.org and enter fundamental details to figure out the likelihood of a loan modification.

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New York-Based Debt Collection Agency CEO Issues Response to the Rise in the States Debt Collection Lawsuits


Bohemia, NY (PRWEB) June 16, 2013

On June 16, 2013, John Monderine, CEO of New York-primarily based accounts receivable collection agency Speedy Recovery Solution, comments on an write-up explaining how the number of debt collection lawsuits are rapidly rising due to collectors sewer service tactics.

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According to a June 11, 2013 report from Business Week, How Debt Collectors Ruin Credit Reports With Sewer Service, the New Economy Project reports in 2011 there had been upwards of 200,000 debt collection lawsuits in New York State. Debt collectors have been capable to win judgments by default since borrowers failed to show up in court due to sewer service tactics. Creditors who engage in these tactics send subpoenas down sewer drains rather than to the recipients.

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Men and women discover that these unknown default judgments come back to haunt them when applying for a loan. Internet designer Brian Pindell explains the difficulty in attaining a disaster loan from the Tiny Enterprise Administration: The SBA denied my application since of two judgments that have been apparently on my credit report. Pindell was never ever notified of either judgment, and received no subpoenas.

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John Monderine, CEO of Speedy Recovery Solution, one of New Yorks premier commercial debt collection agencies, says that totally free credit checks can support decrease the probabilities of becoming a victim of unethical techniques. Free of charge credit checks can aid consumers discover out if they are becoming subjected to these crass tactics otherwise any blip on an individuals credit report will show up when least anticipated. At that point, there is quite small a consumer can do to mitigate the scenario. If a default judgment is ascertained swiftly, consumers can create to credit bureaus explaining why theyre becoming judged. Supplied their credit reports are clean, judgments will most probably be disregarded.

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Default judgments are quite difficult to overturn by modest enterprise owners who find themselves in such as a predicament, as former collection agency owner, Michelle Dunn explains. You can no longer dispute the debt, she says. If its a small claims quantity, you paythats what most individuals do. If its a bigger amount, you can get an attorney, but a judgment genuinely is a final judgment.

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Founded in 2006, Rapid Recovery Solution, Inc. is headquartered at the highest point of lovely Extended Island. Speedy Recovery Collection Agency is committed to recovering your funds. We think that each debtor has the capability to pay if motivated appropriately. We DO NOT alienate the debtors we attempt to align with them and offer a quantity of ways to resolve not only your debt but also all their debts.

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Agency Receives $three Million Grant Award to Assist Home owners Facing Mortgage Delinquency and Foreclosure

Riverside, CA (PRWEB) June 27, 2011

Springboard Nonprofit Consumer Credit Management is pleased to announce that it is the recipient of a $ 3 million federal grant by means of the National Foreclosure Mitigation Counseling (NFMC) Program administered by NeighborWorks

Nonprofit Credit Counseling Agency Named Authorized Adopter of National Industry Standards for Homeownership Education Counseling


Lighthouse Point, FL (PRWEB) January 25, 2012

Debt Management Credit Counseling Corp, a nonprofit charitable organization (DMCC), announced nowadays that it has been approved as an adopter of the National Market Standards for Homeownership Education and Counseling (NISHEC). As the economic downturn persists, a lot of homeowners are dealing with lowered incomes and declining house values. They struggle to steer clear of foreclosure, but navigating the system can be very difficult. Housing counseling agencies can aid, but its difficult for customers to know which organizations they can trust. The NISHEC can assist make that choice less difficult. NISHEC recognizes DMCC as an authorized adopter of these standards and holds DMCC to a high normal of excellence, ensuring that customers are provided the most consistent and crucial info, advice and guidance.

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Foreclosure intervention counselors have to have precise, up-to-date knowledge of the mortgage landscape, stated Jeremy Montanti, Quality Manager at DMCC. We have hugely educated nonprofit counselors who perform one particular-on-one particular with homeowners in the community to aid communicate with their lenders and decide the suitable answer.

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The National Market Standards had been created by the Advisory Council for the National Sector Requirements for Homeownership Education and Counseling. The Advisory Council is comprised of major housing market representatives such as HUD, working collectively to offer a way for counseling organizations to demonstrate accountability and commitment an method identified as Homeownership Completed Right. According to a 2010 study by the Urban Institute, the odds of curing a foreclosure, and potentially avoiding losing a home, are 1.7 occasions higher for a homeowner who performs with a counselor who adheres to the National Industry Requirements than for a homeowner who doesnt receive such counseling.

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DMCC provides foreclosure intervention for customers suffering from monetary hardship and possessing a challenging time repaying their property mortgage. This program has been developed to recognize obtainable solutions for customers to steer clear of foreclosure which meet their individual objectives, and help buyers with getting a loan modification if it is a advised resolution. Consumers who have already received a notice with Date of Sale are advised to seek legal counsel for assistance. DMCC also provides debt management plans to customers needing help with the repayment of their credit card debt.

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To understand more about the National Business Requirements for Homeownership Education and Counseling, visit http://www.homeownershipstandards.com.

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About Debt Management Credit Counseling Corp.

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DMCC is a nonprofit 501(c)(three) public charity committed to educating customers on financial concerns and providing private assistance to consumers overextended with debt. Education is provided free of charge to consumers via seminars, workshops, a proprietary financial literacy system, and a vast array of on the web and printed components. Cost-free individual counseling is provided to shoppers to identify the best possibilities for the repayment of their debt. Shoppers interested in speaking with a DMCC certified credit counselor could get in touch with (866) 618-3328 or request assist at dmcconline.org. DMCC is a HUD Authorized Housing Counseling Agency, is approved by the U.S. Trustee to provide bankruptcy counseling and education, and has an A+ rating with the Much better Organization Bureau.

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Over 170 Insurance Agencies Now Making use of New QQ Catalyst Insurance Agency Management Method


Deerfield Beach, FL (PRWEB) June 05, 2013

QQ Options, Inc, a single of the biggest providers of insurance coverage agency management systems for independent agencies, announced that over 170 independent insurance agencies are now employing the companys new cloud-based insurance agency management method, QQ Catalyst considering that its launch earlier this year. This high adoption price tends to make Catalyst the companys most profitable solution introduction in its twenty-five-year history and paves the way for far more growth when Catalyst version two is released subsequent month.

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QQ Catalyst is an innovative Net-based insurance agency management technique that has changed the game for independent insurance coverage agencies. Visually engaging and extremely intuitive, Catalyst tends to make every day agency tasks easy, quick and error-totally free. With Catalyst, agents can choose to get step-by-step guidance to complete tasks, from adding a get in touch with and producing a new policy to renewing an current policy. In addition, its revolutionary Stack function gives an easy way for agents to manage interruptions, pause what they are working on, do anything else and then return to it at a later time. When every day interruptions happen, customers can pick appropriate back up exactly where they left off, even whilst away from their office. Catalyst operates on any device with a modern day browser, like PCs, Macs, iPads, iPhones, tablets, and other mobile devices. Once agencies subscribe to Catalyst, theres practically nothing to install. Customers only need Net access.

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Catalyst is QQ Solutions most effective new solution introduction in our 25-year history, said Mark Malis, CEO of QQ Solutions. More than 170 agencies are now subscribing to this innovative and highly mobile insurance agency management method. This good results paves the way for much more growth when we release version two next month.

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For a lot more information about QQ Catalyst, pay a visit to the companys website or contact QQ Solutions at 1.800.940.6600.

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About QQ Options, Inc.:

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Named one particular of the 25 Quickest-Expanding Technology Companies in South Florida by the South Florida Organization Journal in 2011, QQ Options is a computer software-as-a-service (SaaS) organization that supplies feature-rich, affordable options that aid independent insurance agencies grow revenues, enhance productivity and operate more efficiently. The companys mission is to help independent insurance coverage agencies compete in the digital world by leveraging the newest Internet technology, social media, Net marketing and actual-time solutions.

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QQ Solutions strives to delight its clients by exceeding their expectations in solution quality, client service, instruction &amp help, and by meeting their evolving needs via a system of continuous item development and improvement incorporating the ideal offered technologies.

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The companys headquarters is located in Deerfield Beach, Florida, exactly where the business employs 65 people in software development, solution management, solution support, specialist services, marketing and advertising, sales, IT, finance, and administration.

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To understand a lot more about QQ Options goods, please call the organization at 1.800.940.6600 or check out the QQ Solutions site at: QQSolutions.com.

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Nonprofit Credit Counseling Agency Announces Free Help Offered for South Florida Home owners to Steer clear of Foreclosure


Lighthouse Point, FL (PRWEB) August 20, 2012

Debt Management Credit Counseling Corp (http://www.dmcconline.org), a nonprofit organization (DMCC), announced today that it still has grant funds accessible from the U.S. Division of Housing and Urban Development (HUD) to provide totally free foreclosure prevention assistance to property owners in Broward County and Palm Beach County, Florida. DMCC was awarded a grant in March as portion of much more than $ 42 million in housing counseling grants awarded by HUD to 468 national, regional and neighborhood organizations. Home owners interested in taking advantage of this totally free service need to make contact with DMCC instantly while funding and resources remain obtainable.

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DMCC housing counselors will overview all possibilities to steer clear of foreclosure with the homeowner and recommend the choice that greatest meets their economic scenario. If obtaining a loan modification is a advised solution that the homeowner desires, DMCC will aid the homeowner prepare and submit the necessary documents to their lender. “Our purpose is to determine all accessible choices for the homeowner to avoid foreclosure, and help them in implementing the selection they select”, said Jeremy Montanti, DMCC Housing Director.

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DMCC gives this service totally free of charge to property owners, along with private budget counseling and other economic education. Debt management plans to help consumers with the repayment of credit card accounts are also obtainable. Reduce credit card payments obtainable via debt management plans, combined with budgeting, is an choice that could provide sufficient relief for home owners to enable them to afford their month-to-month mortgage payment.

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In order for homeowners to maximize the alternatives available to them to avoid foreclosure, it is imperative that they seek assistance as quickly as they know they will not be able to meet their mortgage payments. Once a mortgage lender commences foreclosure proceedings, numerous possibilities cease to be obtainable. DMCC cautions that property owners who have already received a foreclosure notice from their lender with a Date of Sale are advisable to seek legal counsel for help. Homeowners wishing to take benefit of this free of charge service should contact DMCC at 866-618-3328, Monday via Thursday 9:00am to 5:00pm ET or Friday 9:00am to 3:00pm ET, and ask to speak with a housing counselor.

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About Debt Management Credit Counseling Corp.

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DMCC is a 501c(three) nonprofit organization committed to educating buyers on economic issues and offering private help to buyers overextended with debt. Education is offered totally free of charge to customers via seminars, workshops, a proprietary economic literacy plan, and a vast array of on-line and printed supplies. Free of charge individual counseling is provided to customers to identify the very best alternatives for the repayment of their debt. DMCC is a HUD Authorized Housing Counseling Agency, is approved by the U.S. Trustee to offer bankruptcy counseling and education, and has an A+ rating with the Much better Enterprise Bureau.

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