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Yale Levy Joins SoloSuit to Lead Growth of SoloSettle

Account Recovery

SoloSuit, a legal tech startup helping consumers resolve debt collection lawsuits, has named Attorney Yale R. Levy, founder of Levy & Associates, LLC, a multi-state collection law firm, and former President of the National Creditors Bar Association (NCBA), brings decades of debt collection expertise to the company. .

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How are Fintech startups changing debt collection?

True Accord

Debt collection can’t miss out on this digital revolution. Fintech startups have started jumping into the collections and recoveries fray. If a consumer sets up a payment plan and unexpectedly loses their job, it is not uncommon for them to call a debt collector and simply cancel a payment plan.

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Debt Collection Tips for Startups: 6 Steps Entrepreneurs Must Take to Survive

Taurus Collect

Navigating the financial challenges of running a startup can be a daunting task, especially when it comes to managing receivables. In the UK, an innovative approach offered by many a debt collector is the ‘no win, no fee’ model, providing a risk-free solution for startups to pursue owed money.

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Top Five Compliance Questions Answered by TrueAccord Compliance & Collections Professionals

True Accord

Whether you’re a startup or an established organization, understanding the laws and regulations that apply to debt collection can be overwhelming. LV: Third party debt collectors need to comply with these laws and regulations, and sometimes so do servicers and first party debt collectors in some form or fashion.

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How to Increase Cash-flow during a Crisis

Debt Recoveries

Before taking out a loan, make sure to look for other options first, such as crowdfunding or startup incubators. A great example of a pro-active advisory services company is “ Liston Newton Advisory ” They can help you set up the systems you need to avoid bad debts. Do a Budget and Stick to It.

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38% have recently had a bill in collection. The financial industry thinks they’re sick

Collection Industry News

A new study from a novel startup shows COVID-19 is severely affecting Americans’ ability to pay bills. Given the hardships that many are undergoing, knowing some debt collector is coming after you isn’t exactly what you need. Yet the language the financial and collections industry uses is a touch disturbing.