UK debt collections

FEBRUARY 9, 2022

Whilst the UK struggles to recover from the pandemic , its never been a better time for Businesses to use a Debt Collection Agency. Debt Collection Agencies do not just act for Businesses, there are many Debt Collection Agencies for individuals also. It is said that there was a 6% rise in Corporate debt due to the pandemic and thousands of Small Businesses in the UK have been left with a tide of unpaid invoices.

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Collection Agencies Collections Agency Collections Collection Agent 114

American Profit Recovery

FEBRUARY 21, 2022

We have assembled a fantastic group of professionals here and we believe we have some of the best debt collectors in the country. And it didn’t happen by accident. We have been able to put together this team for several reasons and because of this, both the businesses we serve and the consumers we speak with every day benefit from this well-trained and dedicated team.

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Debt collector Collections Collection Agencies Collections Agency 200

Account Recovery

FEBRUARY 28, 2022

JUDGE REMANDS FDCPA CLASS ACTION BACK TO STATE COURT FOR LACK OF STANDING A District Court judge in New York has remanded a Fair Debt Collection Practices Act class-action lawsuit back to state court, ruling that the plaintiff did not suffer a concrete injury to keep the case in federal court. JUDGE GRANTS MOTION FOR … The post Daily Digest – February 28.

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Fair Debt Collection Collections 246

Enterprise Recovery

FEBRUARY 18, 2022

Enterprise Recovery is a debt collections agency that specializes in B2B account recovery. We do our best to recover what's owed to hard-working companies so they can retain working capital and continue their successful business ventures. We also educate on the best practices required to collect those debts before turning to a professional debt collections company.

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Collections Collection Agencies Collections Agency Education 214

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.

In the Red

FEBRUARY 4, 2022

An official notice from the Judicial Conference of the United States was just published announcing that certain dollar amounts in the Bankruptcy Code will be increased a larger than usual 10.973% this time for new cases filed on or after April 1, 2022. Follow this link for the Federal Register page with a chart listing all of the updated dollar amounts.

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Bankruptcy Chapter 13 bankruptcy Debtor Secured debt 147

Prosperity Now

FEBRUARY 23, 2022

The House-passed version of the Build Back Better Act , an expansive and ambitious piece of legislation aimed at shoring

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American Profit Recovery

FEBRUARY 18, 2022

There are all types of businesses where serving the customer quickly just comes with the territory. Those businesses that offer any type of emergency or urgent service either in-home or at your location can experience issues with cash flow because there will be times when customers and clients are not prepared to pay. There are all types of businesses that fall into this category of emergency services and serving people on short notice.

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Collection Agencies Collections Agency Collections 194

Account Recovery

FEBRUARY 25, 2022

The Attorney General of Washington has filed a lawsuit against a hospital network for failing to ensure that certain patients were legally eligible for charity care and “aggressively” collecting $70 million from those individuals. The complaint was filed against Swedish Health Services and Providence Health & Services-Washington and accuses them of violating state law in … The post Wash.

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Collections Healthcare 246

Enterprise Recovery

FEBRUARY 25, 2022

As if starting and running a successful business isn't challenging enough, sometimes life throws curveballs. Whether it be illness, an accident, world events, or caring for family, entrepreneurs must prioritize their health and well-being. These practices can also be expanded to form a well-being program to include the employees who keep your growing business afloat.

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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

Nexa Collect

FEBRUARY 16, 2022

Many businesses hesitate to hire a collection agency, thinking that their debtor/patient will pay their bill sooner or later. The fact is that the more you wait, the chances of getting paid drop almost 10% each month. Indications that it’s time to seek help when you observe these situations or statements. Abuse of your written policies and procedures.

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Debtor Collection Agencies Collections Agency Collections 130

Nerd Wallet

FEBRUARY 22, 2022

Inflation — the rise in consumer prices — is a slow erosion of your money over time. Before 2021, the United States hadn’t seen annual core inflation much above 3% for the better part of 25 years, says Michael Ashton, managing principal of Enduring Investments, a consulting and investing firm in Morristown, New Jersey. So. Hal M. Bundrick, CFP® writes for NerdWallet.

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True Accord

FEBRUARY 23, 2022

Most Americans are in enough credit card debt, they would do anything to go back in time and change the outcome of their financial situation, according to new research. A survey of 2,000 general population Americans examined how they tackle their financial hurdles and found the average person owes $3,083 to credit card debt. Many respondents shared their financial regrets over the years, from not setting up a retirement plan when they were younger (51%), to not paying close attention to their cr

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Credit Card Debt Loans Personal loans Healthcare 124

Prosperity Now

FEBRUARY 1, 2022

Tax filing season just started, and taxpayers are—once again—in for a rough ride.

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Collection Agencies

Account Recovery

FEBRUARY 24, 2022

I think I’m probably not the only person in the world, who, when wandering around a store and coming across an item without a price tag, makes a comment about how said item must be free. We all know that just because there is no price tag, the item isn’t free, but I guess some … The post Judge Grants MTD in FDCPA Class Action Over Settlement Offer in Letter appeared first on AccountsRecovery.net.

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Financial services 246

Enterprise Recovery

FEBRUARY 4, 2022

Unpaid invoices are the worst! While it's easy to react negatively to your late or non-paying clients, each invoice may require its own way of dealing with it. You can start proactively, including establishing a consistent invoicing process and following up as quickly as possible. However, if you're lacking the resources or your prevention strategy isn't working, it's time to try something new.

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Collection Agencies Collections Agency Collections 191

Nexa Collect

FEBRUARY 14, 2022

By law, all debt collection calls initiated by a collection agency must be recorded and preserved for three years after the date of the call. The primary objective is to check if there was a violation of debt collection laws (FDCPA laws), and those recordings can be reviewed if there is a need. . Say you are a collection agency, and your client (the original creditor) contacts you to tell that they have received a complaint from the debtor telling that your debt collector was very rude over the

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Collections Debt collector Debtor Collection Agencies 130

Nerd Wallet

FEBRUARY 17, 2022

Trying to work while caring for an aging loved one can be difficult, stressful and at times overwhelming. Many people feel they must quit, take a leave of absence or at least reduce their hours in order to cope. Sometimes, caregivers have little choice. But often people don’t realize the heavy financial toll they’ll pay. Liz Weston writes for NerdWallet.

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Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

Consumer Finance

FEBRUARY 28, 2022

The Consumer Financial Protection Bureau (CFPB) today released a report highlighting the complicated and burdensome nature of the medical billing system in the United States.

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Receivables Control

FEBRUARY 28, 2022

My clients tell me that they are adjusting processes to overcome pressure from staffing shortages and economic uncertainty. The last two years have been extremely challenging and the forecast for the next year appears to be no better. Supply chain issues, staffing shortages, inflation, domestic and foreign unrest are just some of the issues that plague our economy.

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Collections Credit Management Collection Agencies Collections Agency 98

Account Recovery

FEBRUARY 23, 2022

Now, the waiting begins. The entire panel of judges on the Eleventh Circuit Court of Appeals heard oral arguments yesterday in Hunstein v. Preferred Collection & Management Services, the latest legal skirmish in a case that has been the most closely watched and scrutinized Fair Debt Collection Practices Act lawsuit in years. If you have … The post Summarizing Yesterday’s Hunstein Hearing appeared first on AccountsRecovery.net.

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Fair Debt Collection Collections 246

Enterprise Recovery

FEBRUARY 11, 2022

Depending on the type of customer or client, debt collections can look drastically different. Either can still be frustrating but one type of debt could actually be harmful to the overall business. Consumer-facing business, for instance, is more transactional. Businesses working together, exchanging goods or services, is likely part of a long-term relationship.

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Collections 182

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Collections

Nexa Collect

FEBRUARY 3, 2022

An average collection agency will recover about 20% of the total debt assigned. Some clients may get a 100% recovery rate, for others it could very well be 0%. Here are the most important factors which decide how much a collection agency will collect for you: 1. Collection Agency itself: A collection agency that follows a friendly approach makes persistent contacts, follows legally complaint tactics , yet a firm approach will recover maximum money.

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Collection Agencies Collections Agency Collections Debt collector 130

Nerd Wallet

FEBRUARY 22, 2022

When it comes to money and relationships, we’re all a bit like Goldilocks — this ex spent too much, this ex was too cheap. It can be a long, difficult search for someone who is just right. Even in a long-term relationship, you can be unpleasantly surprised by someone you thought you knew well. Carla. Sara Rathner writes for NerdWallet. Email: srathner@nerdwallet.com.

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Consumer Finance

FEBRUARY 28, 2022

Today, the CFPB released a report on medical billing and collection practices in our country. Medical bills are the most common debt in collections reported on our credit reports. Our own review suggests that roughly 43 million people had medical bills on their credit report, in June 2021, with the total outstanding amount around $88 billion.

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Collections 106

Collections Law

FEBRUARY 22, 2022

When a company that owes you money tries to hide its assets, it can be quite frustrating. You should know that you have options for locating and collecting that money. At Law Offices of Alan M. Cohen LLC, our attorneys have nearly 50 years of combined legal experience peeling back the layers of a company’s transactions to find fraudulent conveyances that reveal a debtor’s hidden assets.

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Collections