National Service Bureau

AUGUST 19, 2015

Like any industry, the debt collection and accounts receivable management industries have some bad apples. The latter are obviously people and organizations that you would want to avoid should your business need assistance with collecting on delinquent accounts. Or no legitimate debt buyer?

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Collection Industry News

JULY 20, 2020

DEBT COLLECTORS, facing growing demands to freeze the collection of debt across the country amid the economic hardship caused by the coronavirus pandemic, are mobilizing their lobbyists to push back. In New York, residents are receiving a 30-day reprieve from the collection of state-owned medical and student debt.

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Credits Inc

JUNE 19, 2019

Agency Accreditation. debt collection service. A debt collection agency is required to have authorities from regulatory bodies and other union organizations in the same industry. You should concentrate on getting an accounts receivable collection agency that is best fit for you.

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National Service Bureau

MAY 12, 2015

As it relates to collections and accounts receivable management , skip-tracing is the process of locating debtors whose contact information is no longer accurate. Often, companies have to purchase access to this information, or hire a collection agency that already has access as part of their services.

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National Service Bureau

MAY 18, 2015

The flip side of that coin, however, is that adjustments might need to be made in how your business handles accounts receivable management. As shown above, it might be difficult for many older Americans to pay off delinquent accounts and debt, so it will become imperative to engage early and often.

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Troutman Sanders

JULY 7, 2021

Some consumers reported facing homelessness because of the negative impact of an eviction on their credit history reported by debt collectors. The law does not impact most third-party collection agencies, but it does impact some creditors and debt buyers. For more information, click here.

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Account Recovery

SEPTEMBER 23, 2024

Woodman argued that Medicredit should have known from the first two debts that she was represented. 1991) (overruled on other grounds) where it was held “debt collector does not automatically violate Section 1692c(A)(2) by communicating with a debtor regarding new debts, even when the debtor is represented by counsel on an earlier debt.”

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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. Joann Needleman.

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