American Profit Recovery

AUGUST 23, 2024

By Ian: Just over four months ago, I joined the customer service team at American Profit Recovery. I was immediately impressed by the warmth and helpfulness of my colleagues – I’ve enjoyed getting to know them and learning from them, and it’s easy to see why they get such great reviews from our clients. As someone who is new to the collections industry and new to customer service, I wasn’t sure what to expect when I started, other than that it would be unique compared to any work I had done befo

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Collections 230

Enterprise Recovery

AUGUST 23, 2024

Credit management is a vital aspect of financial health for any business, influencing cash flow, profitability, and overall stability. Effective credit management ensures a company can meet its obligations to suppliers, employees, and creditors while maintaining the liquidity necessary for day-to-day operations. Let's explore how strategic credit management can propel your business toward sustained success and stability.

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Credit Management Creditors Collections 216

Account Recovery

AUGUST 23, 2024

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? Call (855) WEB-RECON or email admin@webrecon.net today!

Collection Agencies 130

Collection Agencies Collections Agency Collections Fair Debt Collection 130

Hudson Weir

AUGUST 23, 2024

The distribution of dividends is a common practice in businesses, rewarding shareholders for their investment in the company… But in this guide, we explain the difference between legal and illegal dividends. Dividends can be deemed unlawful if they’re paid out without consideration of a company’s financial situation or disregard the legal regulations governing them.

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Creditors Trade Government 52

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

Account Recovery

AUGUST 23, 2024

A District Court judge in New York has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act class-action lawsuit, ruling that the plaintiffs’ claims were time-barred by the FDCPA’s one-year statute of limitations. The background: The plaintiffs claimed that the defendants attempted to collect student loans in violation of the FDCPA and New York state law.

Student Loans 130

Student Loans Student loans Fair Debt Collection Judgment 130

Account Recovery

AUGUST 23, 2024

Pennsylvania Attorney General Michelle Henry announced a $50,000 settlement with A.R. Building Company, a Butler County landlord, over allegations of unlawful billing, leasing, and debt collection practices. The settlement aims to rectify the company’s alleged violations and ensure compliance with state consumer protection laws. A.R. Building Company, which owns 20 apartment complexes across Pennsylvania, faced accusations of inflating repair costs billed to tenants and utilizing leases wi

Collections 130

Collections 130

Account Recovery

AUGUST 23, 2024

Standing isn’t just for Fair Debt Collection Practices Act cases anymore. The Court of Appeals for the Sixth Circuit has affirmed a lower court’s ruling in a Fair Credit Reporting Act case, upholding that the plaintiff, who alleged a procedural violation by the defendant, lacked constitutional standing. The background: The plaintiff applied for an entry-level position with the defendant and received a conditional job offer, contingent upon the completion of a background check.

Fair Debt Collection 130

Fair Debt Collection Collections 130

Account Recovery

AUGUST 23, 2024

Suit Accuses Six Collection Agencies, Two CRAs of Not Investigating Disputes Judge Uses FDCPA’s SOL to Grant MTD in Class-Action Penn. AG Reaches Settlement with Landlord Over Unlawful Billing, Debt Collection Tactics Appeals Court Affirms Ruling for Defendant in FCRA Case Over Plaintiff’s Lack of Standing WORTH NOTING: Ranking the best ever late-night-show bands … Taking the mailbox rule to new extremes … Ranking the cities with the highest average ATM fees … Ranking the most

Collection Agencies 130

Collection Agencies Collections Agency Collections 130