Account Recovery
OCTOBER 18, 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!
True Accord
OCTOBER 18, 2024
While many financial service institutions can offer basic payment portals, these are often limited when it comes to collecting on delinquent accounts. TrueAccord delivers a robust difference. Self-serve options should be a key part of any collections operation. In fact, research from McKinsey found that consumers who digitally self-serve resolve their debts at higher rates, are significantly more likely to pay in full, and report higher levels of customer satisfaction than consumers who pay via
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Hudson Weir
OCTOBER 18, 2024
You may well know what an intercompany loan is… But do you know what can happen if the borrowing company becomes insolvent, or enters liquidation? An intercompany loan can provide a quicker and less expensive way for a business to borrow funds. But there are risks involved for the lending company in particular which could be overlooked and we’ll explore a key one in this guide.
Account Recovery
OCTOBER 18, 2024
In an increasingly complex debt collection landscape, the distinction between good and great collectors has never been more critical. This was the central theme of a recent webinar sponsored by Peak Revenue Learning, where industry veterans shared their perspectives on cultivating excellence in collection operations. The panel, moderated by Harry Strausser, President of Applied Innovation, featured Courtney Helfrich, Chief Personnel Officer at Wilber; Kelly Parsons-O’Brien, President of Pa
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
OCTOBER 18, 2024
The Court of Appeals for the Third Circuit has clarified its standard for determining when ordering discovery into whether a suit has been arbitrated by granting a defendant’s appeal in a Fair Credit Reporting Act case that originally went in favor of the plaintiff. The background: The case originated when the plaintiff was denied a mortgage loan due to an erroneous credit report prepared by the defendant, a major credit reporting agency.
Account Recovery
OCTOBER 18, 2024
Collector Facing FDCPA Class Action for Filing Lawsuit Appeals Court Vacates Arbitration Denial in FCRA Case CFPB Sues Student Lender Over Deceptive Practices Turning Good Collectors Into Great Collectors WORTH NOTING: It’s never too early for a list of the best Christmas gifts for everyone on your list … Why mortgage rates aren’t falling like they were supposed to … If you can’t spell it, don’t buy it or eat it, according to a celebrity chef … A former
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