Tue.Apr 22, 2025

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The Ripple Effect of Student Loan Defaults: What Creditors Should Be Watching in 2025

Optio Solutions

Student loan repayments are backand the ripple effect is real. As borrowers juggle renewed obligations, creditors across all sectors could see rising delinquency. Heres what to watch for in 2025 The post The Ripple Effect of Student Loan Defaults: What Creditors Should Be Watching in 2025 first appeared on Optio.

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How our Massachusetts collection attorneys negotiate with debtors to get results

Collections Law

Are you a business owner in Massachusetts struggling to recover unpaid debts from other businesses? At the Law Offices of Alan M. Cohen & Associates LLC, our experienced commercial collections attorneys understand the frustration and financial strain this can cause. While you might consider negotiating with debtors yourself, it’s crucial to understand that this is a complex undertaking, and the laws in Massachusetts can be difficult to understand.

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Daily Digest – April 22. Collector Facing FDCPA Class Action for Allegedly Parking Debt; Ed. Dept. to Restart Collections on Defaulted Student Loans

Account Recovery

Collector Facing FDCPA Class Action for Allegedly Parking Debt Ed. Dept. to Restart Collections on Defaulted Student Loans Debt Negotiation Firm Faces Sanctions in Connecticut for Violating State Laws Arbitration Motion Granted in FDCPA Case Involving Major Restaurant Chain WORTH NOTING:If you were to ask a bunch of people if they feel good about their finances right now, not many would say yes … The best self-care gifts you should buy for yourself … There are that many of you who wa

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Solvency Vs Liquidity: What’s The Difference And Why Are They Important?

Hudson Weir

A better understanding of a companys financial health helps ensure its long-term success. Business owners and decision-makers need to be aware of the differences of solvency vs liquidity as part of this. Many people use these terms interchangeably, but they refer to different financial aspects. Liquidity measures how easily a business can convert assets into cash to cover short-term costs.

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Agent Tooling: Connecting AI to Your Tools, Systems & Data

Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.

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Collector Facing FDCPA Class Action for Allegedly Parking Debt

Account Recovery

EDITORS 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!

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Debt Negotiation Firm Faces Sanctions in Connecticut for Violating State Laws

Account Recovery

A debt negotiation operation, along with its president and affiliated entities, has been sanctioned by the Connecticut Department of Banking, which will see the operation repay consumers nearly $800,000 while also being barred from operating in the state. The action arises from a Consent Order involving Accelerated Debt Settlement Inc. (ADS), Financial Solutions Group LLC (FSG), and their president, Jeffrey A.

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Ed. Dept. to Restart Collections on Defaulted Student Loans

Account Recovery

The Department of Education announced yesterday that it will resume collections on federal student loans beginning on May 5, ending a five-year hiatus prompted by the COVID-19 pandemic. This move will affect approximately 5 million borrowers currently in default, with the department planning to begin wage garnishments and other collection measures in the coming months.