Account Recovery

DECEMBER 2, 2022

A Washington-based collection agency has reported a data breach to the Attorney General of Maine after being the target of a ransomware attack last year that compromised the personal information of more than 3 million people, according to published reports. Collection Agency Impacts 3.7M Collection Agency Impacts 3.7M

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Collection Agencies Collections Agency Collections 245

American Profit Recovery

OCTOBER 18, 2023

This is where Business-to-Business (B2B) collection agencies come into play. However, the relationship between a collection agency, its clients, and their customers can be delicate. Your B2B collection specialist will want to know the specifics about how your organization invoices commercial customers.

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Collection Agencies Collections Agency Collections Manufacturing 213

Account Recovery

DECEMBER 17, 2021

At each CCA of … The post Commercial Collection Agencies of America Gives Back appeared first on AccountsRecovery.net.

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Commercial Collection Collection Agencies Collections Agency Collections 246

Account Recovery

JANUARY 7, 2022

Commercial Collection Agencies of America has elected its new Board of Directors and has announced the slate of officers of the organization. Board members include Pete Roth of CST Company, Fred Wasserspring of Lyon Collection Services, Inc., David Herer of ABC-Amega, Inc., David Herer of ABC-Amega, Inc.,

Commercial Collection 246

Commercial Collection Collection Agencies Collections Agency Collections 246

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. You will preserve future revenue by hiring the right commercial collection agency.

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Commercial Collection Collection Agencies Collections Agency Collections 195

Account Recovery

JUNE 28, 2022

A private holding company that says it is actively seeking to purchase accounts receivable management firms has announced the acquisition of a collection agency based in Washington. which was formed in 2019, announced the purchase of Rainier Collections Services, based in Bellevue, Wash. Terms of the deal were not disclosed.

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Acquisition Collection Agencies Collections Agency Accounts Receivables Management 221

Account Recovery

APRIL 4, 2022

The plan to use private collection agencies to collect on debts owed to the Internal Revenue Service has brought in less than half of the estimated funds that were projected to be collected, according to a report from the Treasury Department, while also revealing that the IRS as underreported how much it is costing to … The post Private Collection (..)

Collection Agencies 246

Collection Agencies Collections Agency Collections 246

Nexa Collect

JUNE 18, 2023

A medical collection agency will send written demands and make persistent phone calls to your patients. The cost of collection agencies depends on whether you select their Fixed-fee or Contingency-fee service. Need a Medical Collection Agency? This can have a negative impact on the patient’s credit score.

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Collection Agencies Collections Agency Collections Healthcare 130

Enterprise Recovery

FEBRUARY 12, 2021

If your business has sent bad debt accounts off to a collections agency, you likely have questions about recovering that debt. Typically, commercial collections agencies only charge a fee if they're able to collect. How Long Can a Collection Agency Attempt to Collect Business Debts?

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Collection Agencies Collections Agency Collections Commercial Collection 245

Account Recovery

NOVEMBER 8, 2021

The Department of Education last week notified the private collection agencies it had been using to help recover payments on defaulted student loan debts that it would no longer be placing accounts with them. Cancels Contracts With Private Collection Agencies appeared first on AccountsRecovery.net.

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Collection Agencies Collections Agency Student Loans Student loans 246

American Profit Recovery

FEBRUARY 7, 2023

What type of results should I expect from using a collection agency for my business? If your organization has made the decision to move forward on hiring a debt collection agency, you’ll be asking some common questions. What does the agency need from us? What percentage of the customers I send to collections pay?

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Collection Agencies Collections Agency Collections 201

Account Recovery

AUGUST 23, 2022

The Colorado Attorney General’s Consumer Credit Unit last week published new guidance related to the enactment of a law governing remote work for licensed lenders while also noting that the guidance originally enacted at the start of the pandemic in 2020 remains in effect for entities not covered by the new law, including collection agencies, (..)

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Collection Agencies Collections Agency Collections Consumer Credit 246

Account Recovery

AUGUST 10, 2022

Months after filing a lawsuit accusing a hospital network of “aggressively” seeking to collect $70 million from individuals who were eligible for charity care, the Attorney General of Washington has expanded his lawsuit to include a pair of collection agencies that allegedly failed to inform individuals about their eligibility.

Collection Agencies 246

Collection Agencies Collections Agency Collections Healthcare 246

Account Recovery

NOVEMBER 3, 2021

A nonpartisan public policy institute that is part of Congress has published a report on the Internal Revenue Service’s Private Collection Agency program, detailing its history and sharing the pros and cons of using private companies to collect on debts owed by taxpayers to the federal government.

Collection Agencies 246

Collection Agencies Collections Agency Collections Government 246

American Profit Recovery

MARCH 1, 2023

Communication is your best strategy with debt collectors Never hesitate to pick up the phone when a collection agency calls. Having that first phone call with a debt collection professional can lay the groundwork for having one less thing to worry about and eventually paying off your financial obligations.

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Collection Agencies Collections Agency Debt collector Collections 195

Enterprise Recovery

JUNE 10, 2022

If your clients or business partners aren't following through, your accounts receivable department must devote time and resources in an attempt to collect. Or you can outsource the problem to a collections agency that focuses on this type of debt and respects your client/business relationship.

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Collection Agencies Collections Agency Collections 190

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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Collection Agencies Collections Agency Collections Debt collector 222

Account Recovery

JANUARY 10, 2023

Middleboro, MA, January 9, 2023 – Action Collection Agencies, Inc. O’Brien as its Executive Vice President/Chief Operations Officer overseeing the operations of its first and third party collections services. “I … The post Action Collection Agencies, Inc. The post Action Collection Agencies, Inc.

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Collection Agencies Collections Agency Collections 246

Account Recovery

OCTOBER 13, 2022

A healthcare provider and the collection agency working on the provider’s accounts are facing a class-action lawsuit alleging they violated a recently enacted state law in New Mexico by engaging in debt collection activities before verifying whether the incomes of those patients protected them from such activities.

Collection Agencies 244

Collection Agencies Collections Agency Healthcare Collections 244

Nexa Collect

FEBRUARY 9, 2023

Collecting money for Lumber Companies Nationwide Contact us for a free consultation Lumber companies often need professional help to negotiate non-payment cases and work with the legal team for lien processing and collection of delinquent accounts. They do not have the required tools for debt collection or the time.

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Collection Agencies Collections Agency Collections Debt collector 130

Nexa Collect

FEBRUARY 15, 2023

It is common for collection agencies to charge an onboarding fee to their new customers. However, a few good collection agencies with nationwide coverage waive their setup fee from time to time. Contact us if you need a collection agency with the following features. No setup fee and no hidden charges.

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Collection Agencies Collections Agency Collections Credit Bureau 130

Account Recovery

DECEMBER 8, 2020

Nearly 90 companies identifying themselves as collection agencies received more than $1 million in loans through the Paycheck Protection Program, with the top company receiving nearly $9 million, according to an analysis of data released by the Small Business Administration.

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Collection Agencies Collections Agency Collections Loans 246

Nexa Collect

JUNE 21, 2023

Debt collection agencies are subject to various data security rules and regulations to protect consumer information. Fair Debt Collection Practices Act (FDCPA) : While primarily focused on the practices and behaviors of debt collectors, the FDCPA also contains provisions that protect consumers’ personal information.

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Account Recovery

SEPTEMBER 27, 2024

For the second time, a Pennsylvania Appeals Court has ruled that employees can seek liquidated damages under the state’s Wage Payment and Collection Law (WPCL) even if they have already been paid all outstanding wages before filing a lawsuit issuing the ruling in a case involving a collection agency and its former chief executive.

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Collection Agencies Collections Agency Collections 130

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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Collection Agencies Collections Agency Collections Debt collector 206

Account Recovery

APRIL 15, 2021

million judgment against a collection agency and its owner that were accused of engaging in deceptive and abusive collection practices and operating without a proper license. Judgment Against Collection Agency, Owner appeared first on AccountsRecovery.net. The Attorney General of Indiana has obtained a $1.3

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Collection Agencies Collections Agency Judgment Collections 246

Account Recovery

DECEMBER 7, 2023

The Missouri-based collection agency has chosen Conversational Voice AI to address account penetration amidst staffing challenges. By adopting Skit.ai’s industry-leading solution […]

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Collection Agencies Collections Agency Collections Healthcare 147

Enterprise Recovery

NOVEMBER 4, 2022

Hiring a professional debt collection agency seems complex and a little uncertain. Maybe your only interaction with debt collection was as a consumer and that wasn't a positive experience. Here are tips to consider when hiring a debt collections agency for your business. No need to fret.

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Collection Agencies Collections Agency Collections 130

Account Recovery

FEBRUARY 8, 2022

The Debt Collection Licensing Act in California has been in effect for a month and already changes are being proposed, in the form of expanding the definition of what constitutes a collection agency.

Collection Agencies 243

Collection Agencies Collections Agency Collections 243

Account Recovery

DECEMBER 23, 2020

A class-action lawsuit has been filed against a debt collector, accusing it of making it look like the collector purchased debts from a healthcare provider when it had not done so and for violating a state collection law in Colorado. … The post Class-Action Suit Filed Against Collection Agency appeared first on AccountsRecovery.net.

Collection Agencies 244

Collection Agencies Collections Agency Collections Healthcare 244

American Profit Recovery

JUNE 14, 2023

Deciding to use a debt collection agency can be a big step for a business. Of course getting late and non-paying customers to the table is a top concern, there can be other concerns that a business of any size wants to address before taking the next step in debt collections. Thank you for helping me get my life back together.”

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Collection Agencies Collections Agency Collections Debt collector 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. 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 238

American Profit Recovery

OCTOBER 11, 2022

Keeping track of the compliments that consumers have provided our debt collection team and others here on the staff has provided tremendous value and how we operate as a collection agency. There are several reasons why part of our collection team’s job is maintaining a record of the compliments received.

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Collection Agencies Collections Agency Collections Debt collector 202

Account Recovery

MAY 28, 2021

The owner of a Kentucky collection agency is facing up to 20 years in prison after pleading guilty to charges of wire fraud and tax evasion. Kevin Welsch, who owned and operated RCC Services, admitted to defrauding clients by collecting debts on behalf of creditors and keeping the money for himself.

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Collection Agencies Collections Agency Collections Creditors 246

Account Recovery

APRIL 18, 2022

A company accused of allegedly laundering money for debt collection firms has relinquished its claim to nearly $400,000 that was seized by government prosecutors who are seeking to crack down on fraud and illegal debt collection activities by companies in Western New York, according to a published report.

Collection Agencies 244

Collection Agencies Collections Agency Collections Government 244

Account Recovery

OCTOBER 13, 2021

The former owner of a collection agency pleaded guilty yesterday to one count of making payments to support the former Circuit Court Clerk of Cook County, Illinois, while the company he ran entered into a deferred prosecution agreement and will pay a $225,000 fine. Donald Donagher, who ran Penn Credit Corp.,

Collection Agencies 246

Collection Agencies Collections Agency Collections 246

American Profit Recovery

SEPTEMBER 14, 2022

Before your business decides it’s not a good idea to use a collection agency or you simply cannot afford it, we have a few pieces of advice you should consider before shutting the door on getting third-party help. There is much more to consider before you decide not to use a collection agency to improve your cash flow.

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Collection Agencies Collections Agency Collections 200