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. Debtors who would have usually paid quickly are now disputing the collection notices more than ever.

Debt Recovery 130

Debt Recovery Government Collection Agencies Collections Agency 130

Nexa Collect

JUNE 28, 2022

Credit Bureau reporting is done for free by most agencies. Calls from a debt collector are more impactful than written demands. In a fixed fee service, a debt collector is not involved. They do not perform skip-tracing, which is a more accurate tool to locate the debtor and his phone number.

Debt Recovery 100

Debt Recovery Collection Agencies Collections Agency Collections 100

Nexa Collect

JUNE 4, 2022

Moreover, the new business had stopped coming since people were not going to their offices and debt recovery was the last thought in their minds. CFPB rules: On November 30, 2021, the CFPB’s new Debt Collection Rules became effective, becoming a major roadblock for the entire Collections industry.

Collection Agencies 130

Collection Agencies Collections Agency Collections Debt Recovery 130