Account Recovery

NOVEMBER 24, 2021

The Attorney General of New York announced yesterday a settlement with three debt collection companies owned by Andrew Fanelli that will permanently ban them from any future debt collection activities while also paying $1.2 million in fines and restitution to individuals impacted by the collectors’ tactics.

Collections 246

Collections Collection Companies 246

Account Recovery

OCTOBER 14, 2022

In what feels like a “three people who have never been in my kitchen” claim, a District Court judge in Pennsylvania has granted a motion to dismiss filed by two debt collection companies that were sued for allegedly violating the Fair Debt Collection Practices Act and the Fair Credit Reporting Act, on the grounds that … The post Lack (..)

Fair Debt Collection 246

Fair Debt Collection Collection Companies Collections 246

Account Recovery

JANUARY 26, 2022

Jan 25, 2022 — TrueAccord Corporation, a debt collection company offering machine learning-powered digital recovery solutions, today announced results following the September 2021 rollout of Retain, the client-branded product that addresses early-stage recovery challenges for organizations with customers with delinquent accounts.

Collection Companies 246

Collection Companies Creditors Collections 246

Account Recovery

NOVEMBER 9, 2022

8, 2022 — TrueAccord Corp, a debt collection company using machine learning-powered digital recovery solutions to improve consumer experience, today announced it joined the Visa Fintech Partner Connect program. LENEXA, Kan., Through Visa Fintech Partner Connect, TrueAccord is Visa Ready certified.

Collection Companies 245

Collection Companies Collections 245

Account Recovery

SEPTEMBER 29, 2021

A debt collection company based in Atlanta and its owners have been permanently banned from the industry and will pay $266,000 out of a $3 million penalty under the terms of a settlement announced by the Federal Trade Commission, which had sued the company and its owners for threatening to have consumers arrested and imprisoned … The post Debt (..)

Debt collector 238

Debt collector Trade Collection Companies Collections 238

Account Recovery

SEPTEMBER 16, 2021

InDebted, an Australian debt collection company that is expanding globally, including here in the United States, was already known for doing things differently. Focused on a digital-first approach to collections and eschewing phone calls, InDebted entered the U.S. earlier this year through the purchase of Delta Outsource Group.

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Collection Companies Collections 233

Account Recovery

APRIL 5, 2021

Federal prosecutors who are investigating the owner of several debt collection companies that allegedly engaged in illegal collection activities are seeking the forfeiture of more than $90,000 that was seized from the owner’s home by armed agents last year, according to a published media report.

Collection Companies 221

Collection Companies Collections 221

Enterprise Recovery

FEBRUARY 18, 2022

We do our best to recover what's owed to hard-working companies so they can retain working capital and continue their successful business ventures. We also educate on the best practices required to collect those debts before turning to a professional debt collections company.

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Collections Collection Agencies Collections Agency Education 214

Account Recovery

SEPTEMBER 9, 2020

A number of debt collection companies, alleged to have been operating as one common enterprise, along with the principals and managers of the companies have been sued by the Attorney General of New York and the Consumer Financial Protection Bureau, for allegedly violating the Fair Debt Collection Practices Act, the Consumer Financial Protection Act, (..)

Fair Debt Collection 211

Fair Debt Collection Collections Collection Companies 211

Taurus Collect

JUNE 13, 2022

If needed, your potential debt collection agency will also access your debtor’s personal banking information to determine whether your debtors have money to repay the debts, including their savings and investment accounts. A professional debt collection agency will send letters and notices to your debtor’s residential address.

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Collection Companies Collections Collection Agencies Collections Agency 52

Enterprise Recovery

AUGUST 19, 2022

As a business owner or accounts receivable specialist, you may have some fear around sending an account to a debt collections company. You may also have heard some really bad things about debt collections.

Collections 185

Collections Collection Companies Collection Agencies Collections Agency 185

Account Recovery

DECEMBER 6, 2023

New report from TransUnion and Datos Insights also finds 60% of third-party collections companies on the path to adopting artificial intelligence to improve consumer experiences Chicago, Dec.

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Collections Collection Companies 147

Firms

MARCH 12, 2016

I had never given the debt collection industry much thought but once I had started doing some investigating into the industry I quickly realized all the ways I could improve upon the experience and services that were being offered by the industry leaders. Calls repeatedly or continuously. We look forward to earning your business.

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Collection Companies Collections Debtor Debt collector 40

Account Recovery

FEBRUARY 3, 2021

Hospitals across the country are using century-old lien laws to increase their revenue when treating victims of accidents, such as car crashes, by bypassing the discounts that are normally provided to health insurance companies, according to a report in The New York Times.

Collection Companies 173

Collection Companies Collections Healthcare 173

Taurus Collect

JULY 19, 2022

Read on to know some factors you should consider when hiring a professional to help you collect your business debts. When hiring a debt collection agency, make sure to do your research and find someone who is the best in this field. Experience. You can also ask them detailed questions and check references from their past clients.

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Lawyers Collection Companies Collections Collection Agencies 52

Firms

MARCH 25, 2016

At FIRMS we realize that some of our potential clients have never worked with a debt collection company before. When to hire a collection agency. Most companies send accounts to a collection agency when they are between 90 and 120 days past due. FIRMS is that debt collection company that will work best with you!

Collection Companies 40

Collection Companies Collection Agencies Collections Agency Collections 40

National Service Bureau

APRIL 6, 2015

Debt collection companies walk a fine line between business efficiency in their primary function (accounts receivable management), while at the same time needing to respect the fact that the debtor is a valuable client to the business for whom they are running collections. 5: Improper contact or sharing of information.

Collection Companies 40

Collection Companies Collections Collection Agent Collection Agencies 40

Account Recovery

OCTOBER 23, 2023

Bills Introduced in House, Senate to Prohibit Medical Debt Credit Reporting Utah Appeals Court Affirms Ruling for Debt Buyer Accused of Violating State Licensing Law California DFPI Launches Guide to Teach New Consumers About Debt Compliance Digest – October 23 Leading AR Management and Debt Collection Company CACi and Day Knight & Associates Merge (..)

Collection Companies 147

Collection Companies Collections 147

Account Recovery

OCTOBER 1, 2020

The Attorney General of New Mexico announced yesterday his office has filed three lawsuits against debt collection companies, accusing them of making misrepresentations about debts, engaging in abusive practices, and forcing individuals to make payments on non-existent debts The lawsuits, filed against LVNV Funding, Central Mediation Services,and Capio (..)

Collection Agencies 147

Collection Agencies Collections Agency Collections Collection Companies 147

Account Recovery

AUGUST 5, 2024

Debt collection involves major challenges for collections companies. […] With over four decades of excellence in providing accounts receivable software solutions, DAKCS stands as a trusted leader in the industry.

Debt Recovery 130

Debt Recovery Accounts Receivables Management Collection Companies Collections 130

Account Recovery

MAY 26, 2021

A District Court judge in New Jersey has cited the principal of a debt collection company for contempt of court for failing to respond to a proposed class action lawsuit and pay a default judgment of $7,671.50

Fair Debt Collection 147

Fair Debt Collection Judgment Collection Companies Collections 147

Taurus Collect

SEPTEMBER 20, 2022

A legitimate debt collection company will always be willing to answer the questions about your debt, and the company and explain who they are and why they are calling. . Are you having trouble collecting your debts and looking for a convenient way to handle your business debt collection?

Collection Companies 52

Collection Companies Collections Collection Agencies Collections Agency 52

Account Recovery

DECEMBER 11, 2024

The background: The case stemmed from a series of communications between the plaintiff and the defendant, a debt collection company. ” Three months later, the defendant allegedly sent a similar follow-up text attempting to collect on the same debt.

Fair Debt Collection 130

Fair Debt Collection Judgment Collection Companies Collections 130

Account Recovery

NOVEMBER 6, 2023

A Florida man on Friday pleaded guilty to making threatening messages online that were made to a debt collection company based in Virginia that he owed money to. The man used racial slurs and threatened to kill employees of the company and sexually assault the family members of the company’s co-founders.

Collection Agencies 130

Collection Agencies Collections Agency Collections Collection Companies 130

Consumer Finance

MAY 22, 2022

The judgment would order all participants in the scheme, based in upstate New York, to exit the debt collection market after their history of deception and harassment. Their debt collection companies would also be shuttered and required to pay a total of $4 million in penalties.

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Collections Judgment Collection Companies 134

Account Recovery

OCTOBER 7, 2024

The Court of Appeals for the Second Circuit on Friday affirmed the dismissal of a Fair Debt Collection Practices Act lawsuit filed against a debt collection company that was centered around alleged improper communication practices by the defendant after the plaintiff requested a cease in communication regarding an outstanding debt.

Fair Debt Collection 130

Fair Debt Collection Collection Companies Collections 130

Consumer Finance

JANUARY 10, 2022

The debt collection company and its owners knowingly used third-party collectors that engaged in unlawful and deceptive tactics.

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Collections Collection Companies 109

American Profit Recovery

DECEMBER 8, 2020

And there is no doubt that when a consumer receives a written communication or a phone call from a debt collection company, it presents some urgency in their minds, and in many cases, it gets paid. Sometimes we find that it was just an oversight with your customer or a dispute that can be resolved with a phone call.

Collection Agencies 246

Collection Agencies Collections Agency Collections Original Creditor 246

Brown and Joseph

AUGUST 3, 2020

ITASCA, IL – Brown & Joseph / Altus, the leading Commercial Collections company in the U.S., is very pleased to announce that Ellen Reinhardt has joined… The post Brown & Joseph Welcomes Ellen Reinhardt appeared first on Brown & Joseph, LLC.

Commercial Collection 98

Commercial Collection Collection Companies Collections 98

Brown and Joseph

JANUARY 7, 2021

Brown & Joseph/Altus, the leading commercial collections company in the U.S., is pleased to announce that Mike McClellan has joined the team as Vice President… The post Brown & Joseph Welcomes Mike McClellan appeared first on Brown & Joseph, LLC.

Commercial Collection 98

Commercial Collection Collection Companies Collections 98

Nexa Collect

JANUARY 12, 2022

There are well-defined debt collection laws, both at the federal and state level, that prohibit debt collection companies from using abusive, unfair or deceptive practices to collect debts: A typical fine – $1000 per debtor.

Collection Agencies 130

Collection Agencies Collections Agency Debt collector Collections 130

American Profit Recovery

SEPTEMBER 30, 2020

Hiring a collection agency to help with your cash flow is an important decision you need to make for your organization. The decision should not be taken lightly.

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Collection Agencies Collections Agency Collections Debt collector 238

Nexa Collect

JUNE 20, 2020

What happens when they dread pursuing collections because it’s become their full-time job? This is where hiring a collection company to aid in the recovery effort can make sense. Collection companies are not elegant or glamorous, and many have less than a decent reputation.

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Collections Collection Agencies Collections Agency Collection Agent 130

Taurus Collect

JUNE 16, 2024

Why Compliance and Regulations Matter in UK Lending Understanding the importance of compliance and regulations in debt collection is crucial for debt collecting companies in the UK. They oversee debt collecting companies to ensure fair treatment of customers.

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Lender Collections Collection Agencies Collections Agency 69

Taurus Collect

MAY 12, 2024

Utilisation of Technology The utilisation of cutting-edge technology by debt collection companies in the UK represents a fundamental shift towards more ethical practices. Ultimately, the adoption of technology by debt collection companies in the UK is about advancing a more humane approach to debt recovery.

Debt Recovery 69

Debt Recovery Collections Collection Agencies Collections Agency 69

True Accord

NOVEMBER 8, 2022

8, 2022 — TrueAccord Corp , a debt collection company using machine learning-powered digital recovery solutions to improve consumer experience, today announced it joined the Visa Fintech Partner Connect program. LENEXA, Kan., Through Visa Fintech Partner Connect, TrueAccord is Visa Ready certified.

Acquisition 108

Acquisition Financial services Collection Companies Collections 108

UK debt collections

OCTOBER 23, 2024

Some Debt Collection Companies for Small Businesses have also seen a rise in enquiries for their services in line with the hike. “It’s also critical that Government measures draw the distinction between late payment and the lesser understood issue of bad debt due to non-payment or protracted default.

Financial services 82

Financial services Government Collection Companies Creditors 82