PDC Flow

FEBRUARY 27, 2025

Heres what debt collection experts David Kaminski, Partner at Carlson & Messer LLP, Kelly Parsons-OBrien, President at Pacific Credit Services, and Mike Cheek, VP at California Business Bureau say. The term call baiting may seem self-explanatorybaiting a debt recovery professional during a phone call.

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Collections Debt collector Debtor Fair Debt Collection 52

Nexa Collect

MAY 16, 2021

Did you sponsor higher education for your employee with a commitment to work with you for a few years, but he resigned right after completing the degree? Have you mistakenly overpaid your contractor, and he is refusing to return that money?

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Collection Agencies Collections Agency Collections Debt collector 130

Nexa Collect

FEBRUARY 3, 2022

Pest Control, Aviation, Media, Industrial, Optometrists, Dental, Personal Services, Funeral services, Repairs, Waste Management, Day Care, CPA / Accountants, Utilities, Government, Member Organizations, Farm Supply, Auto Dealers, Cleaning Service, Fire, Education Schools Misc., These industries have an average recovery rate ( 15% -25%).

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Collection Agencies Collections Agency Collections Debt collector 130

Nexa Collect

JUNE 23, 2023

Disputing the Debt : In some cases, debtors may believe that the debt is not theirs or is inaccurate. In such cases, the collection letter may prompt them to dispute the debt with the collection agency or credit bureaus. It can serve as a learning experience that impacts future financial decisions.

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Collection Agencies Collections Agency Debtor Collections 100

Taurus Collect

SEPTEMBER 2, 2024

The Need for Ethical Debt Collection In an ever-evolving financial landscape, understanding the importance of ethical debt collection is crucial for maintaining trust and fostering long-term relationships. By utilizing modern tools, businesses can streamline their efforts while ensuring a respectful approach to debt recovery.

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Collections Debt collector Debtor Debt Recovery 64

Nexa Collect

JUNE 25, 2023

Many debt collectors participate in ongoing training and education programs. Use of Technology : Debt collectors often use specialized software to manage accounts and communications. Continuous Learning : Staying current with industry best practices, technological tools, and changes in laws and regulations is important.

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Debt collector Debtor Fair Debt Collection Education 130

Taurus Collect

APRIL 9, 2024

This is where the innovative concept of No Cure No Pay debt collection in the UK presents a compelling solution. Designed to mitigate financial risks and enhance efficiency in debt recovery, this approach offers businesses a safety net, ensuring they only incur a cost upon successful collection.

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Collections Debt Recovery Collection Agencies Collections Agency 72

Nexa Collect

JULY 28, 2020

Educate your patient on the insurance charges. You will have to educate your patients about their coverage benefits and its different tiers, levels, copays, inclusions, and allowances. A lot of patients who come into your clinic are not aware of their insurance coverage and their benefits.

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Collection Agencies Collections Agency Education Collections 130

Nexa Collect

JUNE 25, 2023

References Available Serving some of the Largest Senior Living communities Hire a collection agency for Assisted Living Centers : Contact us Steps to Address Unpaid Bills: Clear Communication and Education : Ensure that residents and their families are well-informed about the cost structure and billing process.

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Government Collection Agencies Collections Agency Education 100

CICM

JUNE 6, 2023

Choosing between pursuing higher education or diving straight into the workforce can be daunting. This means you can start making money immediately, avoiding the burden of student debt often accompanying traditional higher education routes. Are you a school leaver pondering your next move?

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Credit Management Education Debt Recovery Collections 52

Taurus Collect

MARCH 31, 2021

A solution so simple, that even us, having worked in the debt recovery business for 20+ years, was surprised by! The number 1 reason for lack of payment when business owners were collecting commercial debt was that the customer “didn’t have a copy of the invoice”. Teach your staff, educate yourself.

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Collections Debt Recovery Education 52

Collection Industry News

JUNE 5, 2023

Conferences offer a platform to gain knowledge, engage in discussions, and access educational sessions that can help you navigate the complex landscape of debt collection laws and regulations.

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Collections Education Debt collector Debt Recovery 40

Taurus Collect

OCTOBER 19, 2022

Pro tip: A practical fix for passive and aggressive tone is to educate the collectors about the importance of a good customer experience. we practice straightforward techniques to help our clients with certain debt collection services. At Taurus Collections (UK) Ltd.

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Collection Industry News

OCTOBER 5, 2021

National Service Bureau, headquartered in Seattle, Washington with offices in Sarasota, Florida, as well is a debt recovery agency established in 1986 with one hundred (100) employees serving clients nationwide. Tuesday, October 21, 2021-Chicago-Commercial Collection Agencies of America is proud to. Waggoner, Executive Director.

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Commercial Collection Collection Agencies Collections Agency Debt Recovery 40

Collection Industry News

JUNE 9, 2023

To achieve sustainable growth and overcome the challenges of debt recovery, partnering with industry associations and organizations can be highly beneficial. Clients and prospects recognize the association’s commitment to ethical practices, professional standards, and continuous education.

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Commercial Collection Collection Agencies Collections Agency Collections 40

Nexa Collect

JUNE 24, 2023

Below are some general compliance requirements and considerations for debt collectors working from home: Data Security and Privacy : Ensure that debt collectors have secure connections and use encrypted communications to protect sensitive consumer data. They should be educated about the importance of data security and privacy.

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Debt collector Collection Agencies Collections Agency Debtor 100

Taurus Collect

JUNE 16, 2024

Debt Collection Practices : Avoid aggressive or intimidating tactics when collecting debts and follow legal procedures. Internal Training and Education To ensure adherence to compliance standards, continuous internal training and education are paramount. Best Practices for Compliance in Collections 1.

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Lender Collections Collection Agencies Collections Agency 69

Turbo Recovery

JUNE 6, 2018

A judgment is awarded in your favor, but the debt still isn’t paid. You call Turbo Debt Recovery and say “we have a judgment, so what do we do now? When our internal team of experienced and educated collectors review and skip trace accounts, they look for common assets. Try the Turbo Debt Recovery difference today.

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Judgment Debtor Debt Recovery Bankruptcy 40

Credits Inc

APRIL 17, 2019

Another 16% of debts collected were government-related. With over 8,500 debt collection companies in the United States to choose from as of 2017, how should your company go about selecting a debt recovery agency? Business News Daily lists three signs that you've found a reputable company. Experience.

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Collection Agencies Collections Agency Collections Debt Recovery 40

Taurus Collect

MAY 11, 2023

By educating yourself on your rights as a landlord, you can protect your investment and ensure a successful and profitable rental property. How to Properly Notify a Non-Paying Tenant of Their Debt It can be frustrating when a tenant fails to pay their rent on time.

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Collections Collection Agencies Collections Agency Debt Recovery 52

Credit Management Company

APRIL 5, 2022

Agencies that educate their hiring companies help them understand the best ways to collect money and handle rogue accounts. If you need a debt collection service, check out our services! We provide our clients with quality debt recovery , as well as tips for helping consumers.

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Collection Agencies Collections Agency Collections Collection Agent 52

Taurus Collect

FEBRUARY 1, 2024

Whether you’re on the receiving end of a collection action or considering employing such services, understanding the mechanisms at play can help in navigating the often complex world of debt recovery. They are responsible for pursuing the repayment of debts on behalf of creditors.

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Debt collector Debtor Creditors Collection Agencies 52

CSA

MARCH 24, 2021

While we welcome the major efforts of the Money & Pensions Service (MaPS) and others to promote access to free debt advice, now is also a good moment to consider what more can be done to help prevent people falling into persistent problem debt in the first place.

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Collection Agencies Collections Agency Creditors Collection Agent 52

Burt and Associates

SEPTEMBER 23, 2024

At Burt and Associates, we specialize in providing ethical and effective debt recovery services. Ready to optimize your debt collection strategy? Ensuring compliance with these regulations isn’t just about avoiding penalties—it’s about building trust and maintaining a positive reputation with your customers.

Fair Debt Collection 52

Fair Debt Collection Debt collector Collections Debt Recovery 52

Burt and Associates

SEPTEMBER 23, 2024

At Burt and Associates, we specialize in providing ethical and effective debt recovery services. Ready to optimize your debt collection strategy? Ensuring compliance with these regulations isn’t just about avoiding penalties—it’s about building trust and maintaining a positive reputation with your customers.

Fair Debt Collection 52

Fair Debt Collection Debt collector Collections Debt Recovery 52

Taurus Collect

JANUARY 24, 2023

You should also look into other credits like education credits or energy credits that may reduce your tax bill even further. Set up automatic payments Depending on your debt type, setting up automatic payments with your bank could save you money in interest charges and help you pay off your debt quicker over time.

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Collections Collection Companies Debt collector Debtor 52

Taurus Collect

JUNE 12, 2023

This is particularly true when it comes to debt recovery collection agencies, who will often take legal action if they feel they’re not making progress in collecting the debt. Lastly, The Fair Debt Collection Practices Act gives consumers protection from performance abuses made by creditors trying to collect their debt.

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Collection Agencies Collections Agency Collections Debt collector 52

Collection Industry News

MARCH 22, 2022

In a separate incident, Debt-IN Consultants, a professional debt recovery solutions partner to many South African financial services institutions, announced on 22 September that a ransomware attack by cybercriminals resulted in a significant data breach of consumer and employee personal information.

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Debt Recovery Credit Bureau Financial services Banks 40

PDC Flow

JANUARY 12, 2021

Parents are in a terrible position: Balancing their child's education and their family's income. I also fear that many households have had to make sacrifices and stay home to watch and educate their children, meaning they earned less in 2020. Sometimes the in-person students have to revert to virtual if a teacher or child is exposed.

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Burt and Associates

OCTOBER 31, 2024

Additionally, the CFPB issued an advisory clarifying that suing or threatening to sue for time-barred debt—debt for which the statute of limitations has expired—is prohibited under the Fair Debt Collection Practices Act (FDCPA).

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Healthcare Collection Agencies Collections Agency Debt Recovery 52

Burt and Associates

APRIL 1, 2025

At Burt and Associates, we help businesses recover overdue accounts with a respectful, results-driven approach to commercial debt recovery. From navigating tough client situations to improving recovery rates through proven methods like forbearance, our team supports your next move.

Lender 52

Lender Debt Recovery Student loans Student Loans 52

Burt and Associates

OCTOBER 31, 2024

Additionally, the CFPB issued an advisory clarifying that suing or threatening to sue for time-barred debt—debt for which the statute of limitations has expired—is prohibited under the Fair Debt Collection Practices Act (FDCPA).

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Healthcare Collection Agencies Collections Agency Education 52

Account Recovery

JANUARY 22, 2025

Instead of devoting resources to educating consumers, the CFPB spent the next three (3) years reinterpreting longstanding Federal financial consumer law, despite a Supreme Court telling them otherwise. Despite the CFPBs posture, consumers did not buy it and hence the election was a clear mandate to the contrary.

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Burt and Associates

OCTOBER 31, 2024

Introduction: Provides an overview of the CFPB’s enforcement actions addressing illegal debt collection practices in 2023. Case Summaries: Summarizes four specific enforcement actions taken by the CFPB against debt collection companies, highlighting the violations found and the remedies imposed. Consumer Education 6.1

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