Fri.May 17, 2024

article thumbnail

The ROI of Outsourcing Your Accounts Receivable

Enterprise Recovery

Outsourcing accounts receivable and collections is a strategic decision that can benefit businesses. By partnering with a collection agency, businesses can offload the time-consuming task of chasing unpaid invoices, allowing them to focus on their core operations. Discover the financial benefits of outsourcing your accounts receivable and how it can positively impact your business's bottom line.

article thumbnail

Appeals Court Affirms Ruling in FDCPA Case Over SOL for Filing Suit

Account Recovery

The Court of Appeals for the Second Circuit has affirmed the ruling of a lower court granting summary judgment to the defendants in a Fair Debt Collection Practices Act case, ruling the plaintiff’s claims were time-barred because they were made more than one year from the alleged violation, and dismissed the plaintiff’s arguments why the […]

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What you should know about Chapter 7 bankruptcy in Tennessee

Roths Child Law

A decision to file for bankruptcy is one that’s usually not made without considerable thought. It’s often the result of a realization that there won’t ever be enough money to cover one’s debts unless something dramatic can be done. Many consumers file for Chapter 7, which is known as the liquidation bankruptcy, or Chapter 13, which is known as the wage-earner’s bankruptcy.

article thumbnail

Daily Digest – May 17. Consumer Accuses Collector of Making False Statement About Duration of Credit Reporting; Experts Share Reaction to Supreme Court Ruling in CFPB Case

Account Recovery

Consumer Accuses Collector of Making False Statement About Duration of Credit Reporting Experts Share Reaction to Supreme Court Ruling in CFPB Case Appeals Court Affirms Ruling in FDCPA Case Over SOL for Filing Suit Credit Card Delinquency, Usage Rates Show More Consumers Are Falling Behind Supreme Court Says CFPB Funding Structure is Constitutional WORTH NOTING: […]

147
147
article thumbnail

Benchmarking ROI with Forrester: Measuring the Success of Finance Transformation

Finance Transformation Myths Busted Over 75% of organizations struggle to define the right success metrics to benchmark the impact of their finance transformation investment. Whether you are just initiating your digital transformation journey or planning to pitch your next AI project to leadership, without the right metrics and a rigorous tracking process - all your efforts might go to waste!

article thumbnail

Biden, Kenya’s Ruto to discuss Kenyan debt relief this week

Collection Industry News

WASHINGTON, – U.S. President Joe Biden will play host this week to Kenyan President William Ruto for wide-ranging talks expected to include debt relief for Kenya as well as the way forward for Haiti, Ukraine, Sudan and other areas. Kenya has been grappling with acute liquidity challenges, and a senior administration official told Reuters on Monday that the United States is urging big creditor countries like China, Kenya’s biggest creditor, to offer debtor countries relief. “We

Debtor 40

More Trending

article thumbnail

Paul Hammer Featured in Law360 Article on First-Day Bankruptcy Motions

BN Lawyers

Paul Hammer, Shareholder and leader of Barron & Newburger’s Houston Office, was recently quoted in an article published by Law360 entitled “How to Nail Those First-Day Bankruptcy Motions”. Mr. Hammer was interviewed along with several prominent practitioners from elite national firms including Kirkland & Ellis and Pryor Cashman. The article in its entirety may be found here: How To Nail Those First-Day Bankruptcy Motions – Law360 Bankruptcy Authority The post Paul Hammer Featured i

article thumbnail

Consumer Accuses Collector of Making False Statement About Duration of Credit Reporting

Account Recovery

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more?

130
130
article thumbnail

Experts Share Reaction to Supreme Court Ruling in CFPB Case

Account Recovery

Yesterday, the Supreme Court ruled that the funding structure for the Consumer Financial Protection Bureau is constitutional. This was a very closely watched case, because had the ruling gone the other way, it could have created chaos and thrown the future of the Bureau into question.