Thu.May 08, 2025

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S.C. Drops Review of Right-to-Cure Lawsuit

Account Recovery

The South Carolina Supreme Court has changed its mind and will not issue a ruling in a case over whether a debt collector is required to send a right-to-cure notice to a consumer under state law before filing a lawsuit to collect on an unpaid debt. The Supreme Court had heard arguments in the case of Portfolio Recovery Associates v. Campney last month, but then issued a ruling in which it dismissed the case as “improvidently granted” which basically means it should not have heard the

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Micro-Journeys, Major Impact: How AI Assistants Save 40% in Collections Costs

Qualco

Modern debt collection is no longer just about recovering outstanding balances its about creating recovery journeys that feel seamless, supportive, and smart. As financial pressures grow and borrower expectations shift, organisations must find new ways to combine operational efficiency with a human touch. At the same time, the business case for transformation is undeniable: Phone-based collections cost an average of 5.58 per interaction.

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Daily Digest – May 8. Getting to Know Jason Roozee of Rozlin Financial Group; S.C. Supreme Court Drops Review of Right-to-Cure Lawsuit

Account Recovery

Getting to Know Jason Roozee of Rozlin Financial Group S.C. Supreme Court Drops Review of Right-to-Cure Lawsuit Bipartisan Medical Debt Collection, Credit Reporting Bill Introduced in Ohio Appeals Court Affirms Ruling for Defendants in TCPA Case The Dialer Strategy Behind a 66% Collections Increase WORTH NOTING:Some cheap and easy suggestions to help you stock your emergency go bag … Researchers have developed a “body clock” to calculate your biological age … Virginia has

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Getting to Know Jason Roozee of Rozlin Financial Group

Account Recovery

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

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Agent Tooling: Connecting AI to Your Tools, Systems & Data

Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.

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Bipartisan Medical Debt Collection, Credit Reporting Bill Introduced in Ohio

Account Recovery

A bipartisan bill has been introduced in the Ohio legislature that would establish a series of consumer protections surrounding the collection of medical debt, including capping interest rates on medical debt, prohibiting credit reporting of medical debts, and protecting consumers from wage garnishments. Driving the news: State Representatives Michele Grim, a Democrat, and Jean Schmidt, a Republican, introduced House Bill 257, known as the Ohio Medical Debt Fairness Act, during the 20252026 legi

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The Dialer Strategy Behind a 66% Collections Increase

Account Recovery

EDITOR’S NOTE: The following article was written and submitted by the team at Prodigal 66% might sound too good to be true, right? We thought the same thing at firstlike, These numbers must be off! But after taking a deeper dive, the data spoke loud and clear: Using our dynamic dialer strategy our client earned an average of 66% more in collection fees per hour compared to the traditional rule-based methods.