Account Recovery

NOVEMBER 14, 2024

Anthony Brown, the Attorney General of Maryland, yesterday announced charges against the owners and property managers of an apartment complex in Prince George’s County for a series of alleged violations, including operating without the required rental housing license and engaging in illegal debt collection practices.

Collections 130

Collections Collection Agencies Collections Agency 130

Account Recovery

OCTOBER 4, 2024

Massachusetts Attorney General Andrea Joy Campbell has reached an agreement with Franklin Credit Management, a mortgage servicer, to resolve allegations of improper debt collection practices in The Bay State. It will stop collecting on $10 million worth of mortgages and pay a $300,000 fine to settle the enforcement action.

Foreclosure 246

Foreclosure Collections Credit Management Loans 246

Account Recovery

NOVEMBER 15, 2024

The background: This past March, the plaintiff received a collection letter from the defendant, stating that the plaintiff owed $1,740. The plaintiff contends that the defendant engaged in harassment (1692d) and misrepresentation (1692e) by repeatedly attempting to collect on a debt that it knew was already paid.

Collections 147

Collections Fair Debt Collection Original Creditor Creditors 147

Account Recovery

SEPTEMBER 16, 2024

A District Court judge in Maryland has denied a defendant’s motion to compel arbitration in a Fair Debt Collection Practices Act (FDCPA) case, ruling that the defendant waived its right to arbitrate by engaging in prior litigation. Learn more.

Collections 246

Collections Fair Debt Collection Personal loans Loans 246

Account Recovery

NOVEMBER 13, 2024

Jobs Posted on AccountsRecovery.net Debt Collection Management Legal & Compliance Technology Have a job you want listed? This is merely meant to be a service to aggregate industry job opportunities into one convenient location. Reach out to Mike Gibb and let him know!

Accounts Receivables Management 130

Accounts Receivables Management Collections 130

Account Recovery

NOVEMBER 12, 2024

A Maryland Appeals Court has vacated the dismissal of a class-action complaint accusing a healthcare provider of violating state collection law, ruling that the common law litigation privilege does not shield debt collectors from liability under the Maryland Consumer Debt Collection Act (MCDCA) and the Maryland Consumer Protection Act (MCPA).

Healthcare 130

Healthcare Collections Debt collector 130

Enterprise Recovery

MAY 24, 2024

Timing plays a crucial role in optimizing payment collection strategies. The basic gist is this - the sooner you can attempt to collect on past-due payments, the more successful you will be. Payment deadlines, reminders and utilizing technology can help increase the likelihood of on-time payments.

Collections 213

Collections 213

Account Recovery

NOVEMBER 4, 2024

For the second time in less than a month, ACA International has filed a lawsuit, this time accusing the Consumer Financial Protection Bureau of an “overtly political act” and overstepping its authority by issuing a rule couched in its October 1 Advisory Opinion related to the collection of medical debt.

Collections 130

Collections Debt collector 130

Account Recovery

NOVEMBER 6, 2024

Jobs Posted on AccountsRecovery.net Debt Collection Management Legal & Compliance Technology Have a job you want listed? This is merely meant to be a service to aggregate industry job opportunities into one convenient location. Reach out to Mike Gibb and let him know!

Accounts Receivables Management 130

Accounts Receivables Management Collections 130

American Profit Recovery

AUGUST 19, 2024

Why should my business use a collection agency? The fact is there are enormous benefits to outsourcing your debt collections for a small business and even a larger organization. Having a reputable debt collection agency represent your business is one of the smartest moves you can make. That’s a question we hear often.

Collection Agencies 225

Collection Agencies Collections Agency Collections Debt collector 225

Account Recovery

NOVEMBER 19, 2024

A District Court judge in California has granted a defendant’s motion to dismiss after it was accused of violating the Fair Debt Collection Practices Act and the Rosenthal Fair Debt Collection Practices Act by attempting to collect on a debt that had been discharged in bankruptcy.

Chapter 7 bankruptcy 130

Chapter 7 bankruptcy Fair Debt Collection Bankruptcy Collections 130

Account Recovery

NOVEMBER 15, 2024

The Attorney General of Massachusetts is recommending a prohibition on the credit reporting of medical debt while also making other suggestions about how medical debts are collected as part of a report that her office released this week on healthcare cost trends in The Bay State.

Collections 130

Collections Healthcare 130

Enterprise Recovery

APRIL 10, 2024

Many companies often turn to professional debt collection agencies for assistance when this happens. Before you hand over your delinquent accounts to a collection agency, it's important to understand their role and how they can help your business.

Collection Agencies 222

Collection Agencies Collections Agency Collections 222

Account Recovery

NOVEMBER 1, 2024

What’s happening: The CFPB and CMS reiterated the protections for QMBs and warning healthcare providers, Medicare Advantage plans, and debt collectors about the legal consequences of improper billing and collection practices.

Healthcare 130

Healthcare Collections Fair Debt Collection Debt collector 130

Account Recovery

SEPTEMBER 24, 2024

For plaintiffs suing collectors for violating the Fair Debt Collection Practices Act, that usually means money. The background: The plaintiff received a text message from the defendant on August 13 of this year, attempting to collect on an unpaid medical debt. Learn more.

Collections 237

Collections Fair Debt Collection Debt collector 237

Account Recovery

SEPTEMBER 20, 2024

A collector is being sued for violating the Fair Debt Collection Practices Act because it attempted to collect a debt that the plaintiff alleges he did not incur. The background: The plaintiff received a phone call from the defendant last month, seeking to collect on an unpaid utility debt.

Collections 246

Collections Fair Debt Collection 246

Account Recovery

OCTOBER 30, 2024

Jobs Posted on AccountsRecovery.net Debt Collection Management Legal & Compliance Technology Have a job you want listed? This is merely meant to be a service to aggregate industry job opportunities into one convenient location. Reach out to Mike Gibb and let him know!

Accounts Receivables Management 130

Accounts Receivables Management Collections 130

Enterprise Recovery

MAY 6, 2024

The tech industry is known for its rapid growth and innovation but faces unique challenges regarding debt collection and non-paying clients. Understanding the intricacies of debt collection in this sector is essential for companies to recover payments and maintain financial stability.

Collections 202

Collections 202

American Profit Recovery

MAY 20, 2024

That’s when a small business needs to decide to implement some form of debt collection activity. Urgency and payment expectations Payment expectations with your customers that are unclear can lead to misunderstandings, disputes about service and price as well as your efforts to implement collection activity.

Collections 218

Collections Collection Agencies Collections Agency Debt collector 218

American Profit Recovery

AUGUST 8, 2024

Why Use Mental Rehearsal in Debt Collection? In collections, many Collectors participate in this learning style when noticing the consumer’s tone of voice or the types of questions they ask and make adjustments accordingly. In debt collections, perspective taking is especially helpful in practicing empathy with consumers.

Collections 196

Collections Debt collector Collection Agencies Collections Agency 196

Account Recovery

OCTOBER 23, 2024

Jobs Posted on AccountsRecovery.net Debt Collection Management Legal & Compliance Technology Have a job you want listed? This is merely meant to be a service to aggregate industry job opportunities into one convenient location. Reach out to Mike Gibb and let him know!

Accounts Receivables Management 130

Accounts Receivables Management Collections 130

Enterprise Recovery

APRIL 26, 2024

Discover ethical collection practices to help recover late payments while maintaining positive client relationships. In today's competitive business landscape, it's important to manage late payments while upholding positive client relationships.

Collections 211

Collections 211

Account Recovery

OCTOBER 16, 2024

Jobs Posted on AccountsRecovery.net Debt Collection Management Legal & Compliance Technology Have a job you want listed? This is merely meant to be a service to aggregate industry job opportunities into one convenient location. Reach out to Mike Gibb and let him know!

Accounts Receivables Management 130

Accounts Receivables Management Collections 130

Account Recovery

SEPTEMBER 6, 2024

The Consumer Financial Protection Bureau yesterday released its annual report on debt collection, focusing on two critical areas: medical and rental debt. The Bureau recently posted a job opening for a medical debt collection expert, which is another indicator that its interest in that part of the industry is not going away anytime soon.

Collections 130

Collections Financial Institution Healthcare 130

Enterprise Recovery

NOVEMBER 10, 2023

Debt collections between businesses (B2B) is the recovery of overdue payments for goods or services provided to another company. Understanding the intricacies of B2B debt collections is essential for businesses to manage their cash flow effectively and maintain healthy financial relationships with their clients.

Collections 208

Collections 208

Account Recovery

OCTOBER 9, 2024

Jobs Posted on AccountsRecovery.net Debt Collection Management Legal & Compliance Technology Have a job you want listed? This is merely meant to be a service to aggregate industry job opportunities into one convenient location. Reach out to Mike Gibb and let him know!

Accounts Receivables Management 130

Accounts Receivables Management Collections 130

Account Recovery

APRIL 5, 2023

A medical debt collection bill has been introduced in the Delaware legislature that has support from both sides of the aisle and a large number of co-sponsors, giving it some momentum to become law. The post Medical Debt Collection Bill Introduced in Delaware appeared first on AccountsRecovery.net.

Collections 246

Collections 246

Account Recovery

OCTOBER 10, 2024

While everyone wants to believe they are unique and special, consumers tend to ask the same types of questions during collection calls. Knowing the best way to answer those questions can make a huge difference in a company’s collection rates. “Don’t ask, ‘Can you pay your bill? .”

Collections 130

Collections Education 130

Account Recovery

OCTOBER 2, 2024

The Consumer Financial Protection Bureau issued new guidance yesterday regarding unlawful medical debt collection tactics. The advisory opinion clarifies that debt collectors, including third-party revenue cycle management companies, violate federal law when collecting inaccurate or legally invalid medical debts.

Debt collector 130

Debt collector Collections Healthcare 130

Account Recovery

OCTOBER 2, 2024

Jobs Posted on AccountsRecovery.net Debt Collection Management Legal & Compliance Technology Have a job you want listed? This is merely meant to be a service to aggregate industry job opportunities into one convenient location. Reach out to Mike Gibb and let him know!

Accounts Receivables Management 130

Accounts Receivables Management Collections 130

American Profit Recovery

NOVEMBER 14, 2023

The debt collection industry is a vital part of the US economy. 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.

Collection Agencies 209

Collection Agencies Collections Agency Collections Debt collector 209

American Profit Recovery

MARCH 13, 2024

A healthy debt collection process helps businesses of all sizes maintain positive cash flow which is critical for many reasons. Let’s go through some of the obvious and not so obvious reasons why debt collections is an integral part of your organization’s cash flow. Or worse, credit lines.

Collections 198

Collections Acquisition Collection Agencies Collections Agency 198

Account Recovery

APRIL 15, 2024

The governor of Oregon has signed a bill into law that raises the amount of money that can be protected by consumers from garnishments and keeps them from a “financial death spiral because of debt collection,” according to the sponsor of the bill.

Garnishment 246

Garnishment Collections 246