Collection Industry News

SEPTEMBER 29, 2020

ACA International’s comprehensive comments in response to the Consumer Financial Protection Bureau’s proposed debt collection rule recommend fair and objective policies that clarify legal obligations for the accounts receivable management (ARM) industry and provide clarity for consumers. See Infographic ).

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Government Accounts Receivables Management Collections Fair Debt Collection 40

National Service Bureau

SEPTEMBER 22, 2015

We have found that including the following statement is a good way to ensure a judge will grant your company additional costs incurred by the process of collections. “In Include in your contracts a section that permits you and your business partners to contact the debtor on a cell phone. Step 2: Codify Company Policies.

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Collections Agency Collection Agencies Debtor Construction 40

Troutman Sanders

JULY 7, 2021

The law does not impact most third-party collection agencies, but it does impact some creditors and debt buyers. On June 26, Minnesota Governor Tim Walz signed into law a bill that expands the regulation of the accounts receivable management industry to include debt buyers and affiliated companies.

Financial services 52

Financial services Financial Institution Student Loans Student loans 52

National Service Bureau

SEPTEMBER 30, 2015

The utility of automated dialing equipment has a two-sided nature in the world of accounts receivable management (collections). On one hand, creditors have a right to receive payment for good and/or services provided to debtors. they could severely harass the owner of the phone number).

Accounts Receivables Management 40

Accounts Receivables Management Debtor Collections Collections Agency 40

PDC Flow

AUGUST 18, 2020

These compliance and defense litigation skills applied nicely to the accounts receivable management industry. . Since the early 2000s I’ve been representing debt collectors, debt buyers, creditors, and attorneys. Our law firm employed a paralegal who was related to the president of a local collection agency.

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Collections Debt collector Law Firms Trade 98

PDC Flow

JANUARY 12, 2021

2020 has been an unusual year for the accounts receivable management industry (to say the least). But the year also saw numerous pieces of legislation, (CFPB’s Regulation F to California debt collection licensing and more) that will impact how collections will operate going forward. “We Joann Needleman.

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Debt collector Collections Collections Agency Collection Agencies 61

Burt and Associates

FEBRUARY 3, 2025

Proactive accounts receivable management and commercial debt collection services can help prevent unpaid debts from escalating into legal disputes. Implementing a strong accounts receivable process, setting clear payment terms, and working with a commercial collection agency can ensure faster payment recovery.

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Commercial Collection Collections Agency Collection Agencies Debt Recovery 52

Account Recovery

JANUARY 3, 2025

As part of the festivities to mark the end of one calendar year and the start of a new one, I ask different professionals from across the accounts receivable management industry for their predictions for the coming year what do they think is going to happen, what kind of year is it going to be for collection operations, etc.

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Accounts Receivables Management Acquisition Government Collections Agency 130