article thumbnail

New California Regulator Launches Investigation Into Collection Industry; Subpoenas 12 Companies

Account Recovery

The California Department of Financial Protection and Innovation (DFPI) came out swinging yesterday with its first major action, issuing subpoenas to a dozen companies in the accounts receivable management industry, investigating consumer complaints about alleged unlawful, unfair, deceptive, or abusive collection practices.

article thumbnail

Credit Management Company Partners with BillingTree

Credit Management Company

. – May 2021 , In a continued effort to provide their clients with the best-in-class service and optimize the patient experience, Credit Management Company (CMC) is proud to announce their partnership with BillingTree! About Credit Management Company.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is Your Credit Management Futureproof?

On Guard

With the current lack of certainty, finance teams must now focus on future-proofing their credit management. Having always been a key component, good credit management is now critical to business survival in these uncertain times. This is as true in credit management as any other area. Automation and AI.

article thumbnail

The Seven Habits of Highly Effective Credit Managers

Debt Recoveries

Hi, my name is Adam Stewart, Debt Collection Expert and owner of Debt Recoveries Australia. Since forming a debt collection company many years ago, I have had the opportunity to meet many small and medium enterprises (SME’s) and company owners and see how they manage their accounts receivable internally.

article thumbnail

Judge Grants MSJ For Defendant in FDCPA Class Action For Lack of Standing

Account Recovery

Companies in the accounts receivable management industry can add “irritation,” “concern,” “feeling targeted,” and “hustled,” to the list of harms that do not create standing to sue in federal court when accusing a debt collector of violating the Fair Debt Collection Practices Act after a District Court (..)

article thumbnail

Finding A Collection Agency

Credit Management Company

Perhaps you need to consider working with a collection agency. Read on to learn how to hire a collection agency that will serve your best interest and protect your good reputation. Menacing threats and middle-of-the-night phone calls are not the methods top debt collection agencies use. Evaluate Their Customer Service.

article thumbnail

New Release | CreditManager 3.19

On Guard

We proudly announce that the new release of CreditManager, version 3.19, our data-driven, cloud-based solution for accounts receivable management is now available. The result is a more effective credit management process with faster payments, less risk and more satisfied customers. “Connecting data.