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Prodigal Raises $12M in Series A Funding

Account Recovery

More proof that there is plenty of interest from investors in the accounts receivable management industry came yesterday, in the form of a $12 million Series A funding announcement from Prodigal, a technology company that provides an automation platform for debt buyers, debt collectors, and creditors rights law firms.

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Troutman Pepper Attorneys Publish Article, “The Inconvenience of Convenience Fees” In ACA International’s Collector Magazine

Troutman Sanders

Troutman Pepper Attorneys, David Anthony and Jonathan Floyd recently published the article, “The Inconvenience of Convenience Fees” in ACA’s Collector Magazine. The Consumer Financial Protection Bureau and other regulators also continue to monitor the legality and appropriateness of such convenience fees.

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GGR

Recoverity

Our commercial debt collection agency is certified by the oldest and most prestigious creditors’ rights association in North America, the Commercial Law League Of America (CLLA). The post GGR appeared first on Recoverity.

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Thriving In Third Party Debt Collection: An Interview with John Bedard

PDC Flow

These compliance and defense litigation skills applied nicely to the accounts receivable management industry. . Soon enough, I began representing debt collectors , defending them against consumer litigation and helping them build compliance programs in their nationwide businesses. About John Bedard. Bedard, Jr.

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A Brief Guide on Services Provided by Debt Collection Agencies

Credits Inc

Without the hassle of following up on delinquent accounts, you can focus on maintaining smooth business operations. In many cases, debtors end up changing their contact information or move their houses without notifying the creditor. Business debt collection services come in handy during such unprecedented scenarios.

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How to Remove TransWorld Systems From Your Credit Report

Better Credit Blog

In fact, they are a multifaceted company that can be a part of the debt collection process in the early stages (pre-charge of recovery) or the post-collection stage. The first thing to know about working with any debt collector is to not make any arrangements solely over the phone, make sure the arrangement is completed in writing.

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Q2 Industry Insights: Higher Monthly Expenses for Consumers, Regulatory Guidance for Financial Institutions

True Accord

If you’re a creditor or collector working with financially distressed borrowers, considering consumer situations and preferences when attempting to collect and employing digital strategies to boost engagement are more important than ever. There were also a couple of notable court decisions impacting debt collectors last quarter.