Wed.Dec 27, 2023

article thumbnail

Mich. Utility Allowed to Sell Debt Portfolios, But Must Disclose Sales to State Regulator

Account Recovery

A utility company in Michigan will be required to publicly disclose sales of charged-off debt portfolios to the state’s Public Service Commission, and successfully fended off an effort to end the practice altogether, according to a published report from ProPublica.

article thumbnail

How to Use QR Code Payments for Your Business

PDC Flow

QR codes are everywhere. They help people look at restaurant menus, access corporate websites, or even make purchases. Since the pandemic began, QR code payment usage has climbed, giving people a simple, fast way to access information or take action. QR code payments are good for more than just retail environments. Many businesses have started to adopt QR codes to make paying easier for their customers.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Daily Digest – December 27. Judge Affirms Dismissal of FDCPA Case Using New Test from Ninth Circuit; Mich. Utility Allowed to Sell Debt Portfolios, But Must Disclose Sales to State Regulator

Account Recovery

Judge Affirms Dismissal of FDCPA Case Using New Test from Ninth Circuit Mich. Utility Allowed to Sell Debt Portfolios, But Must Disclose Sales to State Regulator Ruling in N.Y.

Judgment 147
article thumbnail

Bad Faith Dismissals in Bankruptcy, Part 1: Chapter 7 Debtors with Primarily Non-Consumer or Business Debts

Jimerson Firm

When a debtor files for bankruptcy, a creditor may be able to seek dismissal of the bankruptcy if the petition was filed in bad faith. This article will provide an overview of the options available to a creditor if a debtor with primarily business debts files for Chapter 7 bankruptcy. What is a Bad Faith Filing in Bankruptcy? A bad faith filing is one that is inconsistent with the purposes of bankruptcy or is an abuse of the bankruptcy system.

Debtor 59
article thumbnail

Solve Your Firms Automation Complexities Once and For All

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.

article thumbnail

20 Companies Seeking Collection Talent

Account Recovery

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.

More Trending

article thumbnail

Judge Affirms Dismissal of FDCPA Case Using New Test from Ninth Circuit

Account Recovery

A District Court judge in Oregon has affirmed the dismissal of a Fair Debt Collection Practices Act lawsuit, determining that a recent ruling from the Court of Appeals for the Ninth Circuit is not an apples-to-apples comparison to the plaintiff’s case.

article thumbnail

US bankruptcy wave may stretch into 2024, but pace could slow

Collection Industry News

Dec 13 (Reuters) – The retail sector could continue to lead U.S. bankruptcies next year due to sticky inflation and high interest rates, but analysts expect easing monetary policy to offer some respite in the second half of 2024. There have been 591 U.S. corporate bankruptcy filings so far this year, the highest since 2020, according to data from S&P Global Market Intelligence. “The end of ultra-low interest rates that started in 2008, ushered in a resurgence of bankruptcy filing

article thumbnail

Ruling in N.Y. State Court Opens Door to Challenging Default Judgments

Account Recovery

A ruling in New York state court could have the potential to upend a decade’s worth of default judgments while also having a “huge” impact on future cases, according to a published report.

Judgment 130