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5 Little-Known Ways to Collect Debt Effectively As a business owner or director, cash flow is crucial to keeping your company running smoothly. But what happens when clients dont pay on time? Chasing unpaid invoices can be frustrating, time-consuming, and financially damaging. At Taurus Collections, we understand the challenges businesses face when collecting debts.
The Washington State Attorney General’s office has filed a lawsuit against a collection agency, accusing it of failing to comply with state law by not disclosing consumers’ rights regarding medical debt information. The lawsuit claims that the collection agency sent more than 400,000 collection notices to Washington residents without the necessary disclosures, a violation of the state’s Collection Agency Act.
Bristol based debt recovery business which didnt hand over money is shut down An Insolvency Service investigation found that Encore Capital Group Inc Ltd trading as Encore Debt Recovery failed to fully hand over the money it collected it has been revealed. The Scam debt collectors service was incorporated in late 2021 and targeted businesses and private individuals with their false debt recovery services.
FAQ: Can I recover the cost of collection or attorney’s fees for debt collection? A frequently asked question about New York debt collection is whether a creditor can recover the cost of collections, including attorney’s fees. A request to recover the collection costs, including attorney’s fees, can be included in mediation, arbitration , or a debt collection lawsuit in New York if there is a clause in the underlying agreement.
Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage
If AI agents are going to deliver ROI, they need to move beyond chat and actually do things. But, turning a model into a reliable, secure workflow agent isn’t as simple as plugging in an API. In this new webinar, Alex Salazar and Nate Barbettini will break down the emerging AI architecture that makes action possible, and how it differs from traditional integration approaches.
Over the past several years, federal and state regulators have started raising red flags about a significant trend in the debt collection industry: companies failing to deliver positive experiences for consumers or properly manage complaints and disputes. With growing scrutiny from agencies like the Consumer Financial Protection Bureau (CFPB), the Federal Trade Commission (FTC), and even the White House, it’s clear that ensuring a good consumer experience is no longer just a best practicei
A District Court judge in New Jersey has granted a defendant’s motion to dismiss a third-party complaint filed against it by a collection law firm over issues with a wage garnishment. The decision, handed down by District Judge Susan D. Wigenton, dismissed claims made by the law firm against the Office of the Mercer County Sheriff (OMCS), which was accused of mishandling a wage garnishment related to a debt collection case.
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A District Court judge in New Jersey has granted a defendant’s motion to dismiss a third-party complaint filed against it by a collection law firm over issues with a wage garnishment. The decision, handed down by District Judge Susan D. Wigenton, dismissed claims made by the law firm against the Office of the Mercer County Sheriff (OMCS), which was accused of mishandling a wage garnishment related to a debt collection case.
Navigating an Occupational Safety and Health Administration (OSHA) inspection can be intimidating, but with the right preparation and mindset, it doesnt have to be. Here are five tips to help you approach and succeed in your next OSHA inspection. Understand the Inspection Process Knowing what to expect on inspection day is essential. OSHA inspections generally follow a standard format: an opening conference, a walk-through of the facility, interviews with staff, and a closing conference to discu
In this final episode of our Year in Review series, Chris Willis is joined by colleagues David Anthony, Stefanie Jackman, and Jonathan Floyd to discuss the year in review and look ahead for debt collection. They provide crucial updates on significant developments in 2024, including the heightened regulatory focus on medical debt at both federal and state levels, and the implications of the Consumer Financial Protection Bureau’s (CFPB) uncertain future.
If you were just about to start your career in a traditionally male-dominated sector, what advice would you give yourself? Women currently make up only 28% of the global tech workforce. So, on this International Women’s Day, 8 Onguardians, the real women in fintech, share their voices as an inspiration for new generations of womenin the sector.
A District Court judge in New York has denied a defendant’s motion to dismiss a Fair Debt Collection Practices Act case over the amount the plaintiff owed, ruling that the plaintiff had sufficiently alleged that the defendants’ actions caused concrete harm. The case centers on a dispute regarding inaccurate debt collection notices sent to the plaintiff.
Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.
Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Turning 17 is an exciting milestone: youre closer to adulthood, with possibilities like college, apartments, and even car ownership on the horizon.
Document automation for law firms, can become pretty complicated especially when youre dealing with tiers of logic, as is common with estate planning documents , for example. But, there are simpler operations than that more like find & replace where you can just slot language into a predetermined s p ot. This is the easiest sort of document assembly operation there is, because you simply need to draft/update language + determine where it goes.
In 2023, federal appellate courts have notably adhered to a more demanding approach to plaintiffs’ standing in class action lawsuits, aligning with the precedent set by the U.S. Supreme Court’s 2021 decision in TransUnion LLC v. Ramirez. A growing number of federal circuit decisions emphasize one consistent TransUnion requirement: the necessity for plaintiffs to demonstrate concrete and specific evidence of harm throughout all litigation stages.
A District Court judge in Indiana has granted a defendant’s motion for summary judgment that its investigation into direct and indirect disputes filed by the plaintiff were reasonable under the Fair Credit Reporting Act while also denying a motion for summary judgment from the plaintiff on claims the defendant violated the Fair Debt Collection Practices Act.
Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!
Falling behind on your debt can be frightening. You may wonder if the creditor will come for your property or sue you. Sometimes, you dont even realize you owe a debt before a credit collection service comes calling. Luckily, you do have rights and options. Negotiating with your creditors can be a powerful tool to reduce your debt burden, improve your credit score, and achieve financial stability.
I am thrilled to announce that the Getting to Know series will be sponsored by TEC Services Group in 2024. TEC Services Group is the leading technology and professional services firm in the credit collections industry offering both leading industry solutions along with unrivaled, unbiased, and experienced support. TEC is now extending its services by offering proven, industry-leading technology solutions alongside of our Professional Services to help Clients feel confident in their technology de
Suit Accuses Collector of Sending Texts, MVN After Receiving Cease Request Court Dismisses FDCPA Case, Rules Plaintiff Lacked Standing Judge Questions Whether Administration is Trying to Starve CFPB FTC Sues Perpetrators of Phantom Collection Scheme WORTH NOTING:Things you don’t need to dry clean, even if the label says you have to … Drinking alcohol may serve as a gateway to substance abuse … Why the pursuit of happiness may not be all it’s cracked up to be … How t
Don’t look now, but there was an enforcement action involving a debt collection company announced by a federal regulator. The Federal Trade Commission has obtained an injunction that halts the operations and freezes the assets of a pair of defendants Ryan and Mitchell Evans which operated a multitude of companies, including Blackrock Services, Blackstone Legal Group, Capital Legal Services, Quest Legal Group, Viking Legal Services, and others.
What’s holding finance teams back isn’t just process inefficiency. It’s culture gaps, reactive mindsets, and missed opportunities to lead real change. In an era of disruption, finance leaders can no longer afford to operate on autopilot and the most resilient teams aren’t just efficient—they’re connected, talent driven, and culture-focused. Join Melissa Hurrington for an exploration into how finance leaders can evolve beyond process and numbers to create adaptive, people-powered teams that thriv
A District Court judge in New York has dismissed a Fair Debt Collection Practices Act case and denied a motion to remand the case back to state court, ruling the plaintiff lacked standing after receiving an email from the defendant the day after the plaintiff refused to pay the debt. The background: Last February, the defendant sent an email to the plaintiff attempting to collect a debt.
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. This is merely meant to be a service to aggregate industry job opportunities into one convenient location.
EDITORS 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!
More than 30 million people took on $74 billion of debt to pay for healthcare last year, according to the results of a nationwide survey released yesterday. The findings reveal striking differences by age, gender, and race, suggesting that younger adults and minority communities bear a disproportionate share of the burden.
Speaker: Ben Epstein, Stealth Founder & CTO | Tony Karrer, Founder & CTO, Aggregage
When tasked with building a fundamentally new product line with deeper insights than previously achievable for a high-value client, Ben Epstein and his team faced a significant challenge: how to harness LLMs to produce consistent, high-accuracy outputs at scale. In this new session, Ben will share how he and his team engineered a system (based on proven software engineering approaches) that employs reproducible test variations (via temperature 0 and fixed seeds), and enables non-LLM evaluation m
Suit Alleges Letter from 2021 Violated FDCPA Judge Dismisses FDCPA Complaint, Enjoins Frequent Filer from Initiating New Suits Without Permission CFPB Roundup: McKernans Confirmation Advances & More Consumers Prioritize Financial Wellness, Demand Personalized Insights WORTH NOTING:Keeping tabs on some potential big changes at the Postal Service … Dermatologists recommend using something other than soap, except when washing your hands … How scammers are cashing in on tax season th
Financial concerns have overtaken health and family relationships as the top priority for consumers worldwide, according to a new report from fintech provider Personetics. Why it matters: Driving the desire for advice: Between the lines: What theyre saying: Banks must meet this demand by providing comprehensive, needs-based services that leverage AI-driven insights and advice, Personetics CEO Udi Ziv explains.
EDITORS NOTE:This article is part of a series that issponsored 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 emailadmin@webrecon.nettoday!
Even judges have limits. If there is one takeaway from this case, that is likely to be it. A District Court judge in Ohio has dismissed a Fair Debt Collection Practices Act case and permanently enjoined the plaintiff a frequent filer from initiating new lawsuits in that jurisdiction without first getting permission from a court because of filing yet another lawsuit that is so unsubstantial, frivolous, and devoid merit which he probably should have known because the form he used for this suit h
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
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