Account Recovery

NOVEMBER 5, 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!

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Fair Debt Collection Banks Collections 130

UK debt collections

NOVEMBER 5, 2024

The number of Welsh companies with overdue invoices on their books reached a 2024 high in September, according to new research from R3, the UK’s insolvency and restructuring trade body. Analysis of data provided by Creditsafe shows that 18,360 Welsh businesses had unpaid invoices on their books last month – the highest monthly total of the year so far.

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Trade 66

Account Recovery

NOVEMBER 5, 2024

A District Court judge in Texas has denied a motion to dismiss filed by the defendants in a Fair Debt Collection Practices Act and Telephone Consumer Protection Act case, ruling the plaintiff — who received three text messages from one of the defendants that appear to have been intended for someone else — has standing to sue. The background: The plaintiff, who claims no connection to the debt in question, received multiple text messages over a short period intended for an unrelated i

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Fair Debt Collection Collections 130

The Kaplan Group

NOVEMBER 5, 2024

In recent years, side hustles have gained significant traction as individuals seek additional income streams and entrepreneurial opportunities. A new study by The Kaplan Group examines search trends for various side hustles, the challenges associated with starting these ventures, and the geographic distribution of new business applications across the United States.

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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 5, 2024

The Federal Trade Commission has filed a lawsuit and received a temporary restraining order freezing the assets and taking control over a Georgia-based debt collection agency, Global Circulation, Inc., after it was accused of using deceptive and abusive tactics to collect debts from consumers. The complaint, filed in the District Court for the Northern District of Georgia, alleges that the agency tricked consumers into paying more than $7.6 million by falsely representing debts and threatening e

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Debt collector Fair Debt Collection Collection Agencies Collections Agency 130

Account Recovery

NOVEMBER 5, 2024

PRA Group discussed the strides it has made in expanding its legal collection efforts while also announcing plans to close three of its six U.S. offices while transitioning impacted employees to work-from-home roles or offshore positions during a quarterly conference call with analysts after releasing its third-quarter earnings yesterday. By the Numbers: Legal Collections and U.S.

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Legal Collections Collections 130

Qualco

NOVEMBER 5, 2024

NPL Management: A 5-Step Roadmap to Strategic Success is the latest e-Guide to be published by Qualco UK. You can view it here. In today's regulatory environment, when it comes to collecting overdue accounts, the clear, overarching message is that the customer must be treated fairly and ethically. However, in a small number of credit businesses, the right strategies for systems and people have not been set.

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Loans Credit Management Creditors Government 52

Account Recovery

NOVEMBER 5, 2024

Collector Facing Class Action for Undated MVN, Two Different Dates in Itemization Table Judge Denies MTD in FDCPA Case Over Texts Sent to Wrong Individual FTC Sues, Gets TRO Against Debt Collector Profits Up at PRA Group as Company Announces Shift to Let More Collectors Work From Home WORTH NOTING: A few tips on how to minimize political tension inside the workplace … Why consumers may be pessimistic about the state of the economy even though inflation is cooling … A huge number of e

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Debt collector 130

Prosperity Now

NOVEMBER 5, 2024

Prosperity Now recently hosted the "Tax Truths: Boosting Financial Well-being for LMI Communities through Accessible Tax Support" webinar in partnership with Change Machine.

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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.

Banks

BN Lawyers

NOVEMBER 5, 2024

Here’s the latest risk management guidance, published in October 2024, from B&N’s Attorneys Risk Management practice group. BN – Tip of the Month – ABA Standing Committee LPL Releases Profile of Legal Mal Claims – October 2024 The post Barron & Newburger’s Latest Risk Management Guidance appeared first on Barron & Newburger, P.C.

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