Account Recovery

FEBRUARY 24, 2025

Why it matters: The bill aims to prevent medical creditors and debt collectors from pursuing collection actions while a patients appeal of a health insurance decision is pending or was pending within the previous 180 days.

Collections 217

Collections Debt collector Collection Agencies Collections Agency 217

American Profit Recovery

MARCH 1, 2023

And it’s meaningful advice that is coming straight from the people that you may not always be interested in speaking with, debt collectors. A common question in this industry and on Internet searches is how to deal with debt collectors. This is your opportunity to begin the process of resolving your debt.

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Collections Agency Collection Agencies Debt collector Collections 200

American Profit Recovery

JULY 21, 2022

If your business has thought about hiring a collection agency to improve cash flow, but has never made a firm decision, you’ll want to listen up. Before you hire a collection agency. But it is an important step and getting paid on time and laying the groundwork for collection activity for non-payers.

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Collections Agency Collection Agencies Collections Debt collector 226

Account Recovery

FEBRUARY 23, 2022

A class action lawsuit has been filed in North Carolina federal court against a hospital network and the collection agency it uses, accusing them of violating state law in North Carolina as well as the Fair Debt Collection Practices Act by overcharging him for a visit to the emergency room and using “aggressive, manipulative, and … The (..)

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Debt collector Fair Debt Collection Collection Agencies Collections Agency 243

American Profit Recovery

OCTOBER 11, 2022

Over the past couple of years, you may have noticed that our team has paid particular attention to tracking the compliments and kind words that consumers give our debt collectors. There are several reasons why part of our collection team’s job is maintaining a record of the compliments received. But the facts are clear.

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Collections Agency Collection Agencies Collections Debt collector 207

American Profit Recovery

FEBRUARY 9, 2023

A commercial collection agency is an agency that works to resolve debt between two businesses. Commonly known as B2B debt collections, it’s the process of mediating financial disputes and overdue invoices owed to a commercial client. Can you work on national commercial collection accounts?

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Commercial Collection Collections Agency Collection Agencies Collections 200

American Profit Recovery

MAY 31, 2022

Choosing a third-party collection agency Is a big step for some businesses. Many businesses have tried various tactics and strategies using internal resources, but there comes a time when you need to seek outside help for collections. A collection agency should understand respect and dignity. Here are just a few.

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Collections Agency Collection Agencies Collections Debt collector 211

American Profit Recovery

NOVEMBER 14, 2023

Many small businesses and larger organizations rely on the expertise and efforts of third-party collection agencies every day. Collection agencies are recovering substantial amounts of consumer debt and helping those businesses drastically improve much needed cash flow. And for good reason.

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Collections Agency Collection Agencies Collections Debt collector 214

American Profit Recovery

JULY 9, 2021

Do you know the truth about debt collectors? Do you feel you know what a collector does? Oftentimes we find that many people are unaware of certain facts about the collection industry and are even surprised when they learn more about the industry and the people that represent that industry.

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Debt collector Collections Collections Agency Collection Agencies 240

American Profit Recovery

MAY 15, 2024

If you are a consumer, struggling with debt, you should know that not only can debt collectors help you navigate a challenging financial situation, but you can also have a positive experience and favorable outcome. Gone are the days when collectors just got on the phone and demanded full payment.

Debt collector 202

Debt collector Collection Agencies Collections Agency Collections 202

UK debt collections

MARCH 5, 2025

Bristol based debt recovery business which didnt hand over money is shut down An Insolvency Service investigation found that Encore Capital Group Inc Ltd trading as Encore Debt Recovery failed to fully hand over the money it collected it has been revealed. Have you been the victim of Scam Debt Collectors?

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Debt collector Debt Recovery Collection Agencies Collections Agency 68

American Profit Recovery

JULY 19, 2022

Most people understand the basic concept of a collection agency. Customers do not pay, and your business sends those accounts to that agency for further activity. However, other important benefits come with hiring the right debt collection agency that you may not be aware of.

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Collections Agency Collection Agencies Collections Debt collector 182

American Profit Recovery

JANUARY 14, 2021

You might not think to place the words collection agency and compliments in the same sentence, especially when it comes to the consumers debt collectors are calling on. Yes, even during a pandemic, consumers were thanking debt collectors because they helped. Collection agencies help consumers.

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Collections Agency Collection Agencies Collections Debt collector 171

American Profit Recovery

MAY 23, 2024

There are countless myths about debt collectors and the debt collection industry as a whole. Debt collections in many circumstances can be a complex situation for both the business trying to recover money and the consumer trying to navigate financial difficulty. Can a business pursue additional legal action?

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Debt collector Collection Agencies Collections Agency Fair Debt Collection 154

American Profit Recovery

NOVEMBER 20, 2024

Indications it’s time to utilize the services of a collection agency Once you are aware of the red flags of negative cash flow and downward trends, it’s important for you to get much more assertive with your efforts to improve your cash flow. For many small businesses, that’s using the right collection agency.

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Collection Agencies Collections Agency Debt collector Collections 164

Account Recovery

APRIL 13, 2021

Prosecutors have seized an additional $400,000 from a payment processing company that allegedly laundered money for a debt collector who is being investigated by federal authorities, according to a published report.

Collections Agency 173

Collections Agency Collection Agencies Debt collector Collections 173

Account Recovery

OCTOBER 22, 2024

Levy, founder of Levy & Associates, LLC, a multi-state collection law firm, and former President of the National Creditors Bar Association (NCBA), brings decades of debt collection expertise to the company. “SoloSettle is not a debt settlement company,” Levy clarified.

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Law Firms Debt collector Startups Debt settlement 130

American Profit Recovery

JANUARY 6, 2025

Active listening is something our professional debt collectors practice and implement daily here. And as a collection agency working with small businesses and large organizations, it is a must for us to carry out our mission. In fact, we would go as far as to say that it is one of the foundations of how we operate.

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Collections Debt collector Collections Agency Collection Agencies 222

Account Recovery

OCTOBER 21, 2024

One of the key arguments is that the rule discriminates against debt collectors by limiting their ability to communicate with consumers, a restriction the plaintiffs argue violates their right to free speech. The lawsuit makes several claims, primarily centered around violations of the First and Fourteenth Amendments.

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Debt collector Collections Fair Debt Collection Collection Agencies 130

American Profit Recovery

MAY 2, 2023

If you have an outstanding debt and you are being contacted by a collection agency, pick up that phone, answer that e-mail or respond to that text message. You’ll start the process of getting out of debt and lower your anxiety at the same time. First, you begin the process of getting out of debt.

Debt collector 179

Debt collector Collections Agency Collection Agencies Collections 179

Nexa Collect

JANUARY 6, 2022

Outsourcing collections to a professional debt collector raises the probability of getting paid by many folds. Your defaulters know that a collection agency will not go away quickly and will employ every tactic and legal means available to recover the debt. Need a good collection agency?

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Collections Agency Collection Agencies Collections Manufacturing 130

Nexa Collect

JUNE 18, 2023

A medical collection agency will send written demands and make persistent phone calls to your patients. Since debt collectors are on the phone all day long, they know every tactic to get paid. Since debt collectors are on the phone all day long, they know every tactic to get paid.

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Collections Agency Collection Agencies Collections Healthcare 130

Nexa Collect

FEBRUARY 9, 2023

The employees of the accounting team of lumber companies are not professional debt collectors. They do not have the required tools for debt collection or the time. Rather than waiting for a few months and writing off the debt, it is better to hire a collection agency on time and recover the maximum money possible.

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Collections Agency Collection Agencies Collections Debt collector 130

Account Recovery

JUNE 4, 2021

Public colleges in 49 states across the country — all but Louisiana — are being called out in a report for placing unpaid debts with private collection agencies to be repaid for tuition, library fees, and parking fines, creating a “spiraling” amount of debt that former students are not able to repay, which keeps them … (..)

Debt collector 162

Debt collector Collection Agencies Collections Agency Collections 162

Nexa Collect

MARCH 12, 2021

Debt collection agencies in PR include Kinum , TSI , CICA, ILCA and Professional recoveries. Spanish and English-speaking debt collectors are required for Puerto Rico debt collection. Need a Collection Agency in PR? Local debt collectors ). Contact us. 10, § 981p).

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Collections Agency Collection Agencies Collections Garnishment 130

Nexa Collect

JUNE 19, 2020

These receivables are usually B2B accounts that require commercial debt collection. A collection agency with its three-step collection process can assist businesses to recover money in an amicable manner. Need a collections agency for your business: Contact us. Contingency fee only.

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Collections Agency Collection Agencies Collections Debt collector 130

Nexa Collect

MAY 16, 2021

A collection agency can work with your employee professionally and legally to ensure that you get your money back. Their recovery efforts will include sending demand notices, calls from a professional debt collector, and if the amount is substantial, then forward that account to an experienced attorney. Contact us.

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Collections Agency Collection Agencies Collections Debt collector 130

Nexa Collect

FEBRUARY 3, 2022

An average collection agency will recover about 20% of the total debt assigned. Here are the most important factors which decide how much a collection agency will collect for you: 1. They must have at least a few bilingual debt collectors in order to recover from people who prefer talking only in Spanish.

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Collections Agency Collection Agencies Collections Debt collector 130

Nexa Collect

JANUARY 24, 2022

The best time to assign an account to a collection agency is when the debt is right around 90 days past due. or your patient’s mind, in case of medical debts). A collection agency will typically recover 75% of your money when the account is assigned at 90 days. Need a cost effective collection agency?

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Collections Agency Collection Agencies Collections Debt collector 130

Nexa Collect

JANUARY 12, 2022

If you plan to outsource your accounts receivable to an aggressive collection agency, then kindly read this article and be aware of all the risks you are taking. Times have changed when collectors could easily put aggressive pressure on debtors or use forceful tactics to recover your money, without any repercussions.

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Collections Agency Collection Agencies Debt collector Collections 130

Nexa Collect

JULY 28, 2020

Companies will generally try to collect on their outstanding accounts internally before passing their most egregious cases on to an external debt collection agency. Are collection agencies effective enough to warrant their fees? Collection agencies are experts in debt recovery.

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Collections Agency Collection Agencies Collections Debt Recovery 130

American Profit Recovery

OCTOBER 25, 2020

Hiring a collection agency is a smart move as it provides an extension to your current accounts receivable program and your accounting department. However, hiring the right agency can also help you in several other areas of your business. How can a collection agency help me in other areas of my business?

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Collections Agency Collection Agencies Collections Debt collector 160

Nexa Collect

AUGUST 8, 2020

Companies will generally try to collect on their outstanding accounts internally before passing their most egregious cases on to an external debt collection agency. Are collection agencies effective enough to warrant their fees? Collection agencies are experts in debt recovery.

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Collections Agency Collection Agencies Collections Debt Recovery 130

Nexa Collect

DECEMBER 27, 2020

It is a common practice for police and regional transport authorities to hire a collection agency to recover these unpaid debts. Need a Collection Agency for Unpaid Tickets? Courts and law enforcement agencies charge the original fine plus late penalties once an account is forwarded to collections.

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Account Recovery

JULY 8, 2021

The letter was written by … The post State Regulators Ask Ed.

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Student Loans Student loans Loans Collection Agencies 246

Account Recovery

MARCH 11, 2025

Why it matters: For professionals in debt collection agencies, debt buying companies, fintechs, banks, credit unions, and consumer finance firms, these findings underscore a growing vulnerability among older borrowers.

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Credit Card Debt Credit Unions Credit Unions Debt Buying 130

Nexa Collect

JANUARY 25, 2023

Business and medical professionals seeking to hire a collection agency always wonder if the agency they hire is ethical or if it may damage their reputation. Here are some valuable tips on how collection agencies can maintain a good reputation online and offline.

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