American Profit Recovery

DECEMBER 8, 2020

In the not too distant past, a business that hired a collection agency was doing so as a last resort. They had customers that were not paying, they called, sent letters, and decided that the only thing they could do was to get rid of that customer and send them to collections. Getting paid quicker. Keeping your customers.

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Collection Agencies Collections Agency Collections Original Creditor 246

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. Read further as we debunk the fears around using B2B debt collections to get you paid.

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Collections Collection Companies Collections Agency Collection Agencies 185

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. We spend a substantial amount of time speaking with business owners, accounting professionals, and business managers about how they can improve their cash flow through a reputable debt collection program.

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Collection Agencies Collections Agency Collections Debt collector 236

Account Recovery

OCTOBER 20, 2023

Combined companies will benefit from additional economies of scale ST. LOUIS – October 20 – The leadership of CACi and Day Knight & Associates (DKA) announced today that DKA is joining forces and merging with CACi.

Collection Companies 147

Collection Companies Collections 147

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

Account Recovery

OCTOBER 1, 2020

AG Sues Collection Agencies appeared first on AccountsRecovery.net.

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Collection Agencies Collections Agency Collections Collection Companies 147

Account Recovery

SEPTEMBER 21, 2022

AG Reaches $12M Settlement With Collector appeared first on AccountsRecovery.net.

Collection Companies 245

Collection Companies Collections 245

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

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

AUGUST 3, 2021

Lenexa, KS – August 3, 2021 – TrueAccord Corporation, a debt collection company offering digital-first and consumer-centric solutions for resolving debts, today announced changes to its executive leadership team to support a planned expansion of products and services.

Collection Companies 246

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.

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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 (..)

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Debt collector Trade Collection Companies Collections 238

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.

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Collection Companies Collections 221

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.

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Collections Agency Collection Agencies Collections Collection Companies 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. An aggressive collection call in fact does precisely the opposite you are trying to achieve.

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Collection Agencies Collections Agency Debt collector Collections 130

Consumer Finance

MAY 22, 2022

The Consumer Financial Protection Bureau (CFPB), in partnership with the New York Attorney General, filed a proposed stipulated judgment in federal court to settle its case against a debt collection enterprise and its owners and managers.

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Collections Judgment Collection Companies 114

Nexa Collect

JUNE 20, 2020

Business discussions often revolve around making and saving money, cutting costs and building upon wealth, but fewer tackle one of the embarrassing experiences of being in business: collecting money owed. What happens when they dread pursuing collections because it’s become their full-time job? Serving Nationwide. Contact us .

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Collections Collection Agencies Collections Agency Collection Agent 130

Nexa Collect

AUGUST 6, 2020

While it’s smart to initially attempt collection on your own, there’s only so much work you should do. Trying to collect a bad debt is draining on your time and your resources. Eventually, it makes sense to pass the task on to a professional debt collection company. Need a Collection Agency easy to work with?

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Collections Collection Agencies Collections Agency Debtor 130

Taurus Collect

JUNE 13, 2022

The debt collection process involves recovering debts from the borrower who has initially failed to repay or recover payments on accounts that are past their due date. When asked about “what collection agencies do?”, Debt collection varies depending on the company collecting the debt. The Process.

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Collection Companies Collections Debtor Collection Agencies 52

Firms

MARCH 12, 2016

The same is true of the debt collection industry. 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.

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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

Effective debt collection can alleviate the financial stress of any company. While it is highly recommended to select your options quickly and wisely to ensure timely collections, you should consider consulting with a debt collection agency before taking court action against your debtors. At Taurus Collections (UK) Ltd.,

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Lawyers Collection Companies Collections Collection Agencies 52

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 93

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. The ruling: Judge Douglas R.

Fair Debt Collection 130

Fair Debt Collection Judgment Collection Companies Collections 130

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.

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Collection Companies Collections Collection Agent Collection Agencies 40

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

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.

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Debt Recovery Accounts Receivables Management Collection Companies Collections 130

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. Without a collection agency, these debts are rarely recovered.

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Collection Companies Collection Agencies Collections Agency Collections 40

Taurus Collect

SEPTEMBER 20, 2022

Dealing with debt collection issues can be overwhelming, especially when you are unsure if the person contacting you is legitimate or a scammer. When an account becomes past due, your creditor may attempt to collect the amount owed or hire a debt collection agency. Check the time whenever you receive a call for debt collection.

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Collection Companies Collections Collection Agencies Collections Agency 52

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

Taurus Collect

MAY 12, 2024

In the realm of debt recovery, the “ no collection no fee ” debt collection strategy stands out as a beacon for ethical practice. Clear Communication and Transparency In adopting a no cure no pay debt collection model, a commitment to clear communication and transparency becomes paramount.

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Debt Recovery Collections Collection Agencies Collections Agency 69

True Accord

APRIL 21, 2022

The idea of compassionate, considerate consumer communication is behind TrueAccord’s approach to debt recovery and drives our innovation, and based on what we’ve seen, we believe there’s a lesson to be learned for others in the debt collection space. They are mean and evil and clever and make you feel terrible about yourself.” No pressure.”

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Collections Debt collector Debt Recovery Collection Companies 82

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

Taurus Collect

JUNE 16, 2024

Managing compliance and regulations in collections can be challenging for lenders in the UK. Stay tuned for insights that could make a significant difference in your approach to debt collection. They oversee debt collecting companies to ensure fair treatment of customers.

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Lender Collections Collection Agencies Collections Agency 69

Credit Corp

DECEMBER 14, 2020

Whether you have medical debt, credit card debt or unpaid student loans , getting calls or letters from debt collection companies can be frustrating. Can a debt collector collect after 10 years? Here’s an overview of the timelines for debt collection and what to do if you’re contacted about an old debt.

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Debt collector Collections Judgment Collection Agencies 98

UK debt collections

JUNE 11, 2021

The High Court has shut down a rogue Debt Collection Agency it has emerged. The Debt Collection Agency spuriously claimed to be able to collect debts from liquidated companies. Global Investigations and Recoveries Ltd would contact creditors of liquidated companies.

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