Enterprise Recovery

NOVEMBER 25, 2024

One of the most challenging parts of starting a business or working independently is deciding on your rates. After that, you must negotiate contract terms with your clients, including asking to get paid for your work. Navigating the complex world of B2B payments can be daunting for business owners, but mastering effective negotiation strategies can ensure you always get paid for your hard work.

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Account Recovery

NOVEMBER 25, 2024

The latest Outlook on American Life report from H&R Block offers a mixed view of Americans’ financial health. While income gains outpaced inflation for many, especially younger generations, rising debt — particularly credit card and student loans — continues to weigh heavily on households across the country. Understanding these consumer behaviors and trends is crucial for collections professionals looking to assess repayment potential.

Student loans 147

Student loans Student Loans Credit Card Debt Loans 147

American Profit Recovery

NOVEMBER 25, 2024

Utilizing a reputable collection agency for your all business or larger organization is one of the best ways to dramatically improve cash flow. And, it’s also a strategic tool in retaining your customers even if they do owe you money. Professionally trained debt collectors understand how to listen, show empathy, understand individual situations and take the time to solve problems with consumers.

Collection Agencies 147

Collection Agencies Collections Agency Debt collector Collections 147

Account Recovery

NOVEMBER 25, 2024

Judge Dismisses FDCPA Claims in Class Action Over Traffic Fine Debts Medical Debt Still a Major Burden for Americans: Study America’s Financial Reality: Rising Income but Burdensome Debt Compliance Digest – November 25 WORTH NOTING: Tips to help you take better pictures with an iPhone … Science-based stress busters to help you get through the chaos of the holiday season … Sign up to fight for Russia in its war with the Ukraine and you could have up to $100,000 in debt forgiven …

Collection Agencies 130

Collection Agencies Collections Agency Trade Collections 130

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.

Collection Industry News

NOVEMBER 25, 2024

The Federal Trade Commission is taking action against a Georgia-based debt collector that tricked consumers into paying more than $7.6 million in bogus debt by threatening them with jail time, harassing their family members, and other unlawful actions. In response to a federal court complaint filed against Global Circulation, Inc. (GCI) and its owner, Kenneth Redon, III, the court agreed to temporarily halt the company’s operation and ordered it to turn its assets over to a court-appointed recei

Debt collector 40

Debt collector Collections Fair Debt Collection Garnishment 40

Account Recovery

NOVEMBER 25, 2024

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

Fair Debt Collection 130

Fair Debt Collection Financial Institution Collections Healthcare 130

Account Recovery

NOVEMBER 25, 2024

A District Court judge in Nevada has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act class-action lawsuit, disagreeing with the plaintiff’s argument that traffic fines should be subject to the statute because driving a car is a consumer use. The background: The plaintiffs received letters and recorded phone calls from the defendant seeking to collect unpaid fines related to misdemeanor traffic citations.

Fair Debt Collection 130

Fair Debt Collection Collections 130