Account Recovery

OCTOBER 11, 2021

The Department of Education on Friday announced the creation of a new enforcement office that will watch over postsecondary institutions to “vigorously” ensure that rules are being followed and named an individual that should be familiar to many in the accounts receivable management industry to run the office.

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Student Loans Student loans Loans Accounts Receivables Management 245

Account Recovery

MAY 4, 2021

A familiar name is coming back to help regulate the accounts receivable management industry. trillion of student loans. … The post Cordray Tapped to Run Federal Student Loan Program appeared first on AccountsRecovery.net. .

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Student Loans Student loans Loans Accounts Receivables Management 200

True Accord

JULY 13, 2023

The ending of various pandemic-era benefits including the pause on student loan payments will impact consumers in the coming months. Key Indicators and the Student Loan Predicament According to the New York Fed’s Quarterly Report on Household Debt and Credit , total household debt increased in the first quarter of 2023 by $148 billion (.9%)

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Financial Institution Student Loans Student loans Loans 88

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. Read on to learn about skip-tracing and how it can benefit your business. What is skip-tracing? Skip-tracing is the process of tracking down individuals.

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Collections Collections Agency Collection Agencies Accounts Receivables Management 40

Collection Industry News

JULY 20, 2020

The Education Department is suspending collections on federal student loans and urging private collection agencies to stop pursuing borrowers. The educational motivations of public-minded debt collectors notwithstanding, consumer advocates aren’t convinced. The momentum has reached the federal government.

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Garnishment Collections Debt collector Accounts Receivables Management 40

Account Recovery

JANUARY 22, 2025

The most notable were the failed efforts to eliminate lawfully contracted student loan debt, and the imposition of grossly improper bans on medical debt reporting. Neither of these positions were endorsed by a bipartisan collection of legislators. 2020 and most of 2021 were a boon for the ARM industry only because of stimulus payments.

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Collections Financial services Accounts Receivables Management Student Loans 243

Account Recovery

JANUARY 8, 2021

A pair of officials in the Trump administration with ties to the accounts receivable management industry announced their resignations yesterday in response to what happened in Washington, D.C., Betsey DeVos, the Secretary of Education, and Mick Mulvaney, the U.S. earlier this week.

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Accounts Receivables Management Education Student loans Student Loans 246