Account Recovery

DECEMBER 20, 2021

technology-enabled provider of accounts receivable management (ARM) solutions, announced today it has completed its acquisition of EOS North America, a leading first- and third-party collection agency serving government, financial services, healthcare, telecom and utility clients in the United States and Canada.

Acquisition 246

Acquisition Accounts Receivables Management Healthcare Collection Agencies 246

Better Credit Blog

APRIL 1, 2022

If you fall into hard times, the inability to pay off your credit card bills or student loans can result in your debts being transferred to a debt collection agency. They recently acquired Alltran Financial Services in 2020. Especially when credit reporting agencies reduce your score by up to 50 points.

Collection Agencies 77

Collection Agencies Collections Agency Garnishment Fair Debt Collection 77

Debt RR

OCTOBER 13, 2019

When it comes to debt collection and unpaid invoices, there are many ways a business can collect what is owed to them. Businesses can attempt to collect debt internally, putting a lot of time and resources into establishing processes and procedures, or they can use a debt collection agency that already has these processes in place.

Collection Agencies 40

Collection Agencies Collections Agency Financial Institution Debt Recovery 40

Collection Industry News

JULY 20, 2020

Chicago Mayor Lori Lightfoot this week similarly announced an end to the collection of city debt, including late parking fines, through at least April 30. The Education Department is suspending collections on federal student loans and urging private collection agencies to stop pursuing borrowers.

Garnishment 40

Garnishment Debt collector Collections Accounts Receivables Management 40

Troutman Sanders

JULY 7, 2021

The law does not impact most third-party collection agencies, but it does impact some creditors and debt buyers. On June 26, Minnesota Governor Tim Walz signed into law a bill that expands the regulation of the accounts receivable management industry to include debt buyers and affiliated companies.

Financial services 52

Financial services Financial Institution Student loans Student Loans 52

PDC Flow

AUGUST 18, 2020

These compliance and defense litigation skills applied nicely to the accounts receivable management industry. . My practice looks similar today, except I spend a lot more of my time defending government investigations and civil litigation brought by state and federal regulatory agencies. It was really by accident.

Collections 98

Collections Debt collector Law Firms Trade 98

PDC Flow

JANUARY 12, 2021

2020 has been an unusual year for the accounts receivable management industry (to say the least). But the year also saw numerous pieces of legislation, (CFPB’s Regulation F to California debt collection licensing and more) that will impact how collections will operate going forward.

Debt collector 65

Debt collector Collections Collection Agencies Collections Agency 65