Optio Solutions

MARCH 19, 2024

Compliance and Brand Protection: A Moving Target Reputable collection agencies specialize in navigating the ever-changing landscape of debt collection regulations. While the Fair Debt Collection Practices Act (FDCPA) sets a national baseline, many states have additional regulations that can be complex and constantly evolving.

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Account Recovery

FEBRUARY 7, 2025

LOS ANGELES CSS IMPACT, the leading provider of AI-driven debt collection financial ecosystem solutions, through its specialized division, ImpactAI Solutions, is thrilled to announce the launch of groundbreaking advancements within the IMPACT Enterprise Debt Collections Software Suite: the Interactive Voice AI Smart Collectors, Ava and Ivan.

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Nexa Collect

JANUARY 14, 2023

The US government has thrown a slew of laws on collection agencies, making bad-debt recovery harder and costlier. Lower recoveries mean, low recoveries and extensive loss for businesses and doctors. There are thousands of collection agencies in the USA, but most are small. New Regulations. Read this: [link].

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Account Recovery

AUGUST 5, 2024

Floatbot’s mission is to redefine debt recovery and accounts receivables management with innovative GenAI-powered solutions. Debt collection involves major challenges for collections companies. […] Debt collection involves major challenges for collections companies. […]

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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.

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American Profit Recovery

OCTOBER 18, 2023

For many organizations, managing overdue invoices and recovering outstanding debts can be a challenging and time-consuming task. 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.

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UK debt collections

APRIL 12, 2022

A big spike in Debt Recovery action is expected following the end of temporary measures introduced by the government to help bolster Small Businesses during the pandemic. In the coming months, it is expected that a lot of companies will be needing debt recovery help to recover what they are owed.

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Nexa Collect

JANUARY 16, 2023

Need a collection agency that can quickly work on your outstanding invoices? Therefore, getting paid at the earliest should be your priority before they use their money on other necessities or decide to make other payments before paying you. Contact us.

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Debt Recoveries

FEBRUARY 19, 2023

The recovery of vehicle repairs and associated costs as a result of an accident is one of the many arms of insurance claims recovery that Debt Recoveries Australia. Debt Recoveries Australia has a wealth of experience in both defending against these motor vehicle lawsuits as well as recovering debts from auto accidents.

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UK debt collections

MARCH 16, 2022

It is very often difficult enough for Small Businesses to perform debt collection and is often very taxing on time and resources. An efficient Business Debt Recovery service can help make or break a company. Due diligence is essential for any Business looking for a reputable Debt Collection Agency that delivers results.

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Debt Recoveries

MAY 18, 2021

On the 27 th of May, The Vic Claims Discussion Group presents an interactive online seminar on claim recoveries. ?Three Tips to help identify recovery opportunities across various lines of business. . in recovery – good and bad – and we look forward to hearing some of yours as well. . Engaging war stories ?in

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Account Recovery

DECEMBER 13, 2022

13, 2022 /PRNewswire/ –CCMR3, a leading provider of accounts receivable and collection services, has acquired Healthcare-I, L.L.C. Since 1992, HCI has specialized in healthcare debt recoveries, offering consulting services to business offices and insurance claims management. SYRACUSE, N.Y.,

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True Accord

FEBRUARY 7, 2024

After three decades of providing exceptional customer experience, a leading national bank recognized a lot has changed in the world of personal banking, technology, compliance, and, in turn, debt collection. Schedule a consultation today!

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Nexa Collect

JUNE 28, 2022

Collection agencies offer two types of collection services to their clients. In the Fixed fee service a collection agency sends multiple written demands only. In the Contingency service one written debt validation notice is sent followed by collection calls from an experienced debt collector.

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True Accord

JUNE 1, 2023

Outbound calling has been the main mode of collections for decades, but the cost of a call center or in-house full-time employees (FTEs) making calls is no longer justifiable when most consumers simply don’t answer the phone, on top of the mounting compliance restrictions limiting opportunities to call in the first place.

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Nexa Collect

JULY 28, 2020

Collecting outstanding debt isn’t an easy process. None of these situations are amenable to fast debt recovery. Companies will generally try to collect on their outstanding accounts internally before passing their most egregious cases on to an external debt collection agency. But how wise is this?

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Nexa Collect

AUGUST 8, 2020

Collecting outstanding debt isn’t an easy process. None of these situations are amenable to fast debt recovery. Companies will generally try to collect on their outstanding accounts internally before passing their most egregious cases on to an external debt collection agency. But how wise is this?

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PDC Flow

SEPTEMBER 22, 2020

In other words, are your collectors sympathetic to consumers to the point where they feel bad asking for payment and don’t collect any money or only a small amount? Are you collectors so aggressive on collection calls that their words and behavior land them and consumers they’re speaking with in the conflict zone?

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UK debt collections

MARCH 1, 2024

A large number of Actors from shows such as Call the Midwife, have had to resort to taking debt recovery action to ensure they get paid according to reports in the Deadline. Collectively, they were owed a minimum of £21,000. It is unclear how many Bectu members are embroiled in the issue.

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Taurus Collect

MARCH 5, 2025

5 Little-Known Ways to Collect Debt Effectively As a business owner or director, cash flow is crucial to keeping your company running smoothly. At Taurus Collections, we understand the challenges businesses face when collecting debts. If you need professional assistance, Taurus Collections is here to help.

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Account Recovery

AUGUST 5, 2022

A copy of the … The post Judge Partially Grants MSJ for Plaintiff in FDCPA Case Over Collecting Incorrect Amount appeared first on AccountsRecovery.net.

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Debt Recoveries

MARCH 5, 2023

The recovery of vehicle repairs and associated costs as a result of an accident is one of the many arms of insurance claims recovery that Debt Recoveries Australia. Debt Recoveries Australia has a wealth of experience in both defending against these motor vehicle lawsuits as well as recovering debts from auto accidents.

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Nexa Collect

JUNE 4, 2022

Many collection agencies have shut down recently due to the following reasons. Covid-19 Pandemic : Collection agencies were barred from collecting money in many states during the pandemic, impacting revenue from existing accounts. Medical debts form nearly 50% of consumer debt collections.

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PDC Flow

FEBRUARY 27, 2025

The debt collection process can be tricky. Collection agencies must follow regulations strictlyor youll find your business in jeopardy. Compliance can be even harder when scammers actively try to disrupt your debt collection practices through call baiting. First, What is Call Baiting? Why Do People Call Bait?

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PDC Flow

AUGUST 11, 2023

Email for debt collection is more popular than ever and there are good reasons why. Types of Emails for Debt Collection Debt collectors know email serves consumers better–and many have chosen tools to make this happen. But no matter how successful email collection can be, it still requires human intervention.

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Burt and Associates

OCTOBER 21, 2024

Introduction: The Evolving Landscape of California Debt Collection This section introduces the importance of staying informed about the latest compliance requirements for debt collection in California, particularly for businesses operating under the Department of Financial Protection and Innovation (DFPI).

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UK debt collections

JUNE 13, 2022

A digital debt recovery firm has been flooded with claims for unpaid fuel following a sharp rise in numbers. Debt Recovery specialist firm Forecourt Eye works with 1,000 garages in the UK. Rising petrol prices have led to a sharp increase in people not paying for fuel at petrol stations for a variety of reasons.

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Nexa Collect

FEBRUARY 24, 2022

So whenever your AR is over 60-90 days past due, hire experts – Hire a collection agency. To improve your chances of getting paid during inflation, it is important to recover your share before your debtor’s financial condition deteriorates further.

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JMA

MARCH 21, 2024

Are you facing the challenge of collecting a business debt in Queensland? In this article, we have put together essential information on navigating the regulated environment of debt collection Queensland, from understanding your legal rights to enforcing debt recovery and choosing a reliable collection agency.

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Nexa Collect

JULY 31, 2020

The number of delinquent accounts will rise sharply, forcing companies into a defensive debt recovery position. Need a Collection Agency? Higher Recovery Rates : Top-Notch Customer Service. Collection capacity isn’t unlimited, particularly when delinquency rates are rising. Collections can be a thankless task.

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Qualco

APRIL 15, 2024

THE NEW ERA OF CONSUMER LENDING In today ’ s rapidly evolving financial landscape, the significant increase in consumer lending presents new challenges for financial institutions, particularly in managing collections.

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UK debt collections

JUNE 23, 2022

Small Business Debt Recovery is becoming more important to cash flow as a UK recession looms. One way to combat this in the short term is by Small Business debt recovery activities being on the front foot. Post pandemic ‘orders’ are drying up and show a drop in order volumes across the board.

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UK debt collections

FEBRUARY 9, 2023

Renfrewshire Council is preparing to write off more than £400,000 of irrecoverable debt following extensive debt recovery action. The debt recovery process involves extensive effort by the council and its debt recovery agents to locate the debtor and recover the debt,” the report states.

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UK debt collections

SEPTEMBER 12, 2024

The Charity, National Debtline says action is needed to improve debt collection practices at a effectively-bankrupt authority. Financially-stricken Birmingham City Council sent almost 60,000 debts to bailiffs last year – as a charity warned the tactic risked pushing those who owed cash to despair. million in 2018/19).

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Burt and Associates

SEPTEMBER 26, 2024

Table of Contents Introduction The Importance of Clear Communication in Debt Recovery Tips for Effective Conversations with Debtors 3.1. Introduction Communication plays a pivotal role in debt recovery. Stay Professional and Empathetic 3.2. Establish Clear Expectations 3.3.

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Nexa Collect

APRIL 11, 2021

The debt collection industry has been through one of its most difficult periods in modern history, and the recovery looks slow and prolonged. Performance of Collection Agencies during Covid-19 Pandemic. Economic downturns create a huge opportunity for the debt collection industry.

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Collections Law

OCTOBER 21, 2024

Cohen & Associates LLC, our commercial collections lawyers have more than 50 years of combined experience. They have dedicated their practice to collecting commercial debts in Massachusetts. What are the most important Massachusetts debt collection statutes for business owners? At Law Offices of Alan M.

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