Account Recovery
NOVEMBER 15, 2023
The Attorney General of Pennsylvania yesterday announced she has filed a lawsuit against the owner of 20 apartment complexes, accusing it of unlawful leasing and illegal debt collection practices.
Consumer Finance
NOVEMBER 15, 2023
The Consumer Financial Protection Bureau (CFPB) issued a report highlighting medical debt collections and challenges faced by American families.
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Account Recovery
NOVEMBER 15, 2023
9-in-10 Consumers Say Medical Debt on Their Credit Reports Have Caused Financial Setbacks: Survey Penn.
UK debt collections
NOVEMBER 15, 2023
Uk Business insolvency is officially on the rise. The latest figures from the Insolvency Service have shown that the number of business insolvencies in England & Wales for October 2023 was 2,315, 18% higher than in the same month in the previous year (1,954 in October 2022). The UK business insolvencies consisted of 256 compulsory liquidations , 1,889 creditors’ voluntary liquidations (CVLs), 146 administrations, 23 company voluntary arrangements (CVAs) and one receivership appointment.
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
NOVEMBER 15, 2023
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.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
NOVEMBER 15, 2023
A District Court judge in Kansas has quashed a motion to garnish the property of an individual who was accused of fraudulently trying to hide $13 million in assets as a means of avoiding having to use them to settle $40 million in fines and penalties that were assessed in an earlier enforcement order by […]
Consumer Finance
NOVEMBER 15, 2023
The government’s promise that insured deposits will be protected from loss in the event of a bank failure has been the backbone of banking system stability for 90 years. The Federal Deposit Insurance Corporation’s stewardship of the Deposit Insurance Fund is vital to keeping that promise and maintaining the public’s confidence.
Account Recovery
NOVEMBER 15, 2023
In a survey that the Consumer Financial Protection Bureau will no doubt begin citing as more evidence for its decisions related to the credit reporting of medical debt, 90% of consumers claimed to have suffered financial setbacks as a result of medical debts on their credit reports.
Taurus Collect
NOVEMBER 15, 2023
Dealing with a collection agency can often feel like navigating a maze, especially when there seems to be a change in your account’s open date. If you’ve found yourself in this situation, you’re likely asking, “Can a collection agency change an account’s open date?” In this blog post, we’ll tackle this question head-on, providing clear and concise answers.
Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert
In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.
Consumer Finance
NOVEMBER 15, 2023
In March 2023, the failures of Silicon Valley Bank and Signature Bank threatened to create cascading stress throughout the banking system and inflict serious damage on the economy.
Taurus Collect
NOVEMBER 15, 2023
Understanding your rights as a consumer is crucial when dealing with debt collectors. Unfortunately, many UK consumers are unaware of their legal protections and end up feeling intimidated or helpless when faced with aggressive debt collection tactics. This guide aims to empower you with knowledge and help you navigate these challenging situations calmly and confidently.
Taurus Collect
NOVEMBER 15, 2023
Experiencing a constant barrage of calls from debt collectors can be overwhelming, to say the least. Many wonder, “How many times can a debt collector call me in one day?” If you’re based in the UK, the answer may surprise you. Regulations around debt collection are strict, and experts from no cure no pay debt collection UK are here to help you navigate these waters.
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