Enterprise Recovery
JULY 31, 2024
Consumer and business debt are two distinct types of debt that are handled quite differently. Consumer debt is the debt individuals incur for personal expenses, such as credit card debt, student loans, or mortgages. Business debt, however, refers to the debt incurred by businesses or organizations for various purposes, such as operational expenses, investment in assets, or expansion.
Account Recovery
JULY 31, 2024
A District Court judge in New Jersey has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act class-action lawsuit, but not on the merits as the defendant had sought. Instead, the judge ruled the plaintiff lacked standing to pursue his suit and dismissed the case.
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Consumer Finance
JULY 31, 2024
Director Rohit Chopra outlined recent efforts to combat price gouging and unfair practices in financial services, focusing on private equity involvement, junk fees, and credit card interest rates.
Account Recovery
JULY 31, 2024
A bill has been introduced in the House of Representatives that would establish minimum standards for federal financial eligibility programs, prohibit medical bill interest charges for people who are living below 250% of the federal poverty level and prohibit hospitals from sending debts owed by those individuals to collection agencies, and create a grant program […]
Speaker: Anna Tiomina, MBA
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
UK debt collections
JULY 31, 2024
An arrest warrant has been issued for Katie Price, after she failed to attend a court hearing relating to her bankruptcies. Insolvency and Companies Court Judge Catherine Burton said Ms Price had received “very clear warnings” that she must attend the hearing on Tuesday. The former glamour model had not responded to HM Revenue & Customs (HMRC) over her debts, a court heard.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Direct Recovery
JULY 31, 2024
Commercial debt collection agencies can be tremendously effective partners for almost any small business that offers credit to their customers. The right debt collection agency can act as your own personal accounts receivable department tasked with tracing down delinquent accounts, contacting debtors, negotiating payments, filing for judgments, and collecting payments.
Account Recovery
JULY 31, 2024
Judge Grants MTD in FDCPA Class Action Over Language in Letter Bill Introduced in House to Limit Certain Medical Debts from Being Collected, Create Program to Forgive $10B in Healthcare Debts N.C.
Credit Corp
JULY 31, 2024
In recent years, the rise of digital lenders like SoFi and Ally has transformed the lending landscape, offering borrowers new options for obtaining loans quickly and conveniently. But what sets these digital lenders apart from traditional banks and credit unions? And how can you navigate the process of shopping for a loan with them? In this guide, we’ll explore everything you need to know about securing a loan from digital lenders, including the pros and cons, and key differences compared
Account Recovery
JULY 31, 2024
During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers.
Speaker: Melissa Hurrington
Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.
Credit Corp
JULY 31, 2024
The hiring process includes several steps, such as submitting an application, attending an interview, and undergoing a background screening. In some cases, a prospective employer may even require a credit check. Find out why employers check your credit and discover how to prepare for this important step in the hiring process. Why Do Employers Check Your Credit?
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