Creditors Debt Recovery Financial services 
Nexa Collect
NOVEMBER 1, 2021
Individuals can be legally forced to pay their debts with their cryptocurrency, but the creditor must have a judgment which states that the debtor is obligated to pay off the debt, including any cryptocurrency they own. Internal Revenue Service (IRS) claims digital assets like properties. government earlier before?
Account Recovery
AUGUST 19, 2024
Bill Banning Social Media Debt Collection Passes N.Y. Kathy Hochul, that if signed, would prohibit the use of social media platforms to collect debts, for creditors or the collection agents working on their behalf. the Ranking Member of the House Financial Services Committee, and Sen. More details here.
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Account Recovery
AUGUST 19, 2024
Bill Banning Social Media Debt Collection Passes N.Y. Kathy Hochul, that if signed, would prohibit the use of social media platforms to collect debts, for creditors or the collection agents working on their behalf. the Ranking Member of the House Financial Services Committee, and Sen. More details here.
True Accord
SEPTEMBER 27, 2023
That’s why it stands to reason that alongside the “traditional” metrics of recovery economics, forward-looking businesses have pioneered a new set of KPIs that measure the value of consumer experience. Ready to evaluate your debt recovery operations using more sophisticated KPIs? Schedule a consultation to get started today»»
Jimerson Firm
FEBRUARY 10, 2022
Generally, if debtors owe a debt to a lender, and the lender cancels or forgives that debt for less than its full amount, the debtor is treated for income tax purposes as having income and may have to pay tax on this income by virtue of a 1099-C filing from the lender. 1.6050P-1(b)(2)(i). See IRS Info.
PDC Flow
JANUARY 19, 2021
Often, you find yourselves collecting a bill that consumers may not be excited to pay for a good or service that has already been delivered. Making payment as easy as possible will go a long way towards fast resolution and higher debt recovery rates. . What do consumers expect from other industries?
Fico Collections
JUNE 16, 2022
Meeting Debt Collection Challenges Amid a Squeeze on Income. In order to deal with the rising cost of living and other challenges, anyone managing collections portfolios and effective debt recovery strategies needs these capabilities. Unfortunately, far too many creditors didn’t. Tue, 07/23/2019 - 04:13. by Bruce Curry.
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