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Complaint Accuses Creditors, Agency of Attempting to Collect Debts Covered by Worker’s Compensation

Account Recovery

A complaint has been filed in federal court in California accusing a number of healthcare providers and a collection agency of violating state law as well as the Fair Debt Collection Practices Act by attempting to collect on a debt that was incurred as a result of injuries suffered while the plaintiff was working and … The post Complaint Accuses (..)

Creditors 246
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Common Myths About Using a Collection Agency

Credit Management Company

Therefore, many people find themselves encountering collection agencies at one point or another. Unfortunately, much of what people “know” about the debt collection industry relies more on myths than facts. When people believe these myths about using a collection agency, they often run into trouble.

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Government is Making Debt Recovery a lot Harder

Nexa Collect

The US government has thrown a slew of laws on collection agencies, making bad-debt recovery harder and costlier. Extra costs to comply with these laws would be passed on to businesses /creditors, who are already unwilling to pay the current costs associated with hiring a professional debt collector. New Regulations.

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How a Debt Collection Agency Can Help Your Cash Flow

Credit Management Company

Everything from waste and inefficiency to poor sales and conversions can cause this problem, but the failure of clients or customers to pay what they owe is a unique issue with a clear and effective solution: professional debt collection. Types of Businesses that Benefit from Debt Collection. Return on Investment.

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Enhancing Your Early Out Collection Strategy

PDC Flow

As accounts receivable professionals know, early out collection (also known as pre collection) is a typical practice to resolve healthcare bills. Extended business offices build on the practice of collecting before bills are seriously delinquent by offering other administrative services also. Early Out Collection.

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Making Medical Credit Reporting Harder is a Disaster in the Making

Nexa Collect

We all agree that healthcare costs in the USA are extremely high. Inform future creditors about bills on which a person has defaulted so that they can access their own risk to lend money to that person or not. The medical profession is among the most stressful careers out there. But all this is changing only for medical debts.

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Consumer Rights in Debt Collection

Credit Management Company

Debt collection can be a complex process, and consumer rights should always be a top priority. To ensure you understand how important consumer rights are, we’ve put together an overview of consumer rights in debt collection. These rules add a layer of debt collection protection for consumers at a federal level. Disputing Claims.