Ever see those scary commercials on TV insisting the IRS is “cracking down this year” and urging you to “take action” now?

Americans are living in an age of spam, scams and fear mongering. For the first time ever, the Federal Trade Commission identified imposter scams as the top consumer fraud complaint of 2018.

The U.S. Treasury even set up a scam alert webpage in an effort to warn the public about scammers and robocallers impersonating the IRS.

“Imposter scams are so popular because they can steal devastatingly large amounts of money from trusting consumers in a short time,” said…


What is the difference between good debt and bad debt?

Isn’t all debt bad?

Although it’s always better to be debt-free, all debt isn’t necessarily bad.

Some debts are actually considered investments that generate long-term income or value. This type of debt is referred to as good debt.

For example, student loans are a type of good debt because it’s an investment in your future and you anticipate being able to pay back those loans using the education you acquired.

Another example of good debt is a mortgage.

With a mortgage, also known as a home loan, you can increase…


As we look at the New Year, it’s important that we not only focus on those positive things we’re going to do with this new beginning but also remember which decisions led us to undesirable results in the first place.

Ordering the same fast food and expecting a different waistline is unrealistic.

Likewise, if you continue to use the same type of approach to handling your third-party collections, despite less than desirable results, then you’re probably not addressing the real issue.

If we’re looking for a silver lining in the last few turbulent years of the economy, it may be…


Don’t make the same common mistakes thousands of business owners make every day.

Hiring a debt collection agency is one of the best decisions you can make as a business owner.

But if you’ve never worked with a collection agency before, you probably don’t know what to expect and what features to look for.

First and foremost, when you’re hiring a debt collection agency you need to think carefully about the type of relationship you want.

It’s extremely important that the agency you choose can work with your team in a way that will meet your needs.

Every debt collection firm is different — some firms specialize in specific industries or types of…


You’ve no doubt heard about the snowball method and the avalanche method, but what about the debt lasso method?

The debt lasso method is yet another strategy for paying off bad debt like credit cards and car loans.

The idea of the debt lasso method is to pull or “lasso” your credit card interest as close to 0% as possible.

Here’s how it works:

  1. First, list out all of your debts.
  2. Then, organize them in order of highest interest rate to lowest interest rate.
  3. Next, contact all your credit card companies and see about lowering your interest rates. Most companies are willing to help you out if you explain your situation.
  4. After you’ve succeeded in getting your interest rates…

Don’t miss out on the top November 2018 insurance networking and educational events happening around the U.S.

2018 PLUS Conference

When: November 7–9, 2018
Where: San Diego, CA

The PLUS Conference is a destination event for professional liability insurance professionals, and this year’s event is shaping up to be one of the best yet.

This year’s program will offer three exciting session formats:

  • Traditional Education Sessions: These sessions will feature leading-edge panel discussions with thought leaders and industry experts debating and discussing the emerging risks in the professional liability industry. Educational sessions ARE eligible for CE and/or CLE credit.
  • Executive Forum Sessions: These…

By Mikaela Parrick

Earlier this month California Governor Jerry Brown signed a collection law with new requirements for consumer debt collectors licensed in California.

Under the Rosenthal Fair Debt Collection Practices Act, which is California’s version of the Fair Debt Collection Practices Act (FDCPA), this new law will require collectors to inform debtors once a debt becomes time-barred.

Time-barred debt refers to money a consumer borrowed and didn’t repay, but which is no longer collectible because of the statute of limitations.

Also referred to as zombie debt or debt that has exceeded the statute of limitations, this type of debt…


By Mikaela Parrick

In simple terms, climate change can be defined as the warming of the Earth’s climate system, including its atmosphere, oceans and land surfaces.

Most scientists agree that the main cause of climate change is human activity, such as burning coal and oil.

Over the last century, this activity has increased the concentration of atmospheric carbon dioxide, trapping more of the Sun’s heat in Earth’s atmosphere and leading to global warming.

While rising temperatures may not sound so bad, the results can be catastrophic.

In fact, if the sea level were to rise just four meters due to…


By Mikaela Parrick

Sage Growth Partners, a healthcare business consultant agency, conducted a survey of 100 hospital executives and found that 59% blamed insurance reform for high levels of bad medical debt, including rising patient copays and deductions.

In 2014, over 75 million people complained they were having problems paying off medical debt, which is the number one cause of bankruptcy in the U.S.


By Mikaela Parrick

Skip tracing is the process of locating a debtor that who has “skipped” or left town, hence the name “skip tracing.”

This is especially helpful for cases in which the debtor hasn’t answered or returned repeated calls, emails and letters.

Skip tracing is also commonly used by private investigators, lawyers, detectives, journalists and bondsmen.

Skip tracing is sometimes erroneously referred to as bounty hunting.

While the two are very different processes, bounty hunters frequently hire skip tracers, which may explain the misconception that the two are synonymous.

Typically, skip tracing is performed in a series of steps.

Brown & Joseph, LLC

Commercial Credit & Collections Firm. Visit our website at www.brownandjoseph.com for more info.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store