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. Have a Professional Remove the Collection. Table of Contents: Know Your Rights with Transworld.

Collections Agency 77

Collections Agency Collection Agencies Garnishment Fair Debt Collection 77

Collection Industry News

JULY 20, 2020

DEBT COLLECTORS, facing growing demands to freeze the collection of debt across the country amid the economic hardship caused by the coronavirus pandemic, are mobilizing their lobbyists to push back. In New York, residents are receiving a 30-day reprieve from the collection of state-owned medical and student debt.

Garnishment 40

Garnishment Debt collector Collections Accounts Receivables Management 40

Collection Industry News

JANUARY 18, 2022

DebtNext Software, a leading hosted recovery management software provider to the credit, banking, utility, telecom and collections industry for almost 20 years, is located in Copley, Ohio. DebtNext Software has been delivering robust solutions for their clients’ recovery management needs since its founding in 2003.

Acquisition 40

Acquisition Accounts Receivables Management Financial services Government 40

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.

Collections Agency 40

Collections Agency Collection Agencies Financial Institution Debt Recovery 40

PDC Flow

AUGUST 18, 2020

This year has seen vast, unexpected change for the credit and collection industry. These compliance and defense litigation skills applied nicely to the accounts receivable management industry. . What made you decide to focus your practice in financial services and more specifically in the debt collection industry?

Collections 98

Collections Debt collector Law Firms Trade 98

Troutman Sanders

JULY 7, 2021

The law does not impact most third-party collection agencies, but it does impact some creditors and debt buyers. The California commissioner of financial protection and innovation recently issued proposed changes to the notice of rulemaking for acquiring a debt collection license under the Debt Collection Licensing Act.

Financial services 52

Financial services Financial Institution Student loans Student Loans 52

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. Regulatory Changes. John Bedard.

Debt collector 63

Debt collector Collections Collections Agency Collection Agencies 63

Troutman Sanders

APRIL 19, 2021

Federal Activities: On April 19, the Consumer Financial Protection Bureau (CFPB) announced that the 30-day comment period on the CFPB’s proposal to delay the effective date of Regulation F, its Debt Collection Rule, is open.

Financial services 52

Financial services Student loans Student Loans Financial Institution 52

Account Recovery

JANUARY 22, 2025

A new president and a new Congress provides a good opportunity to look back on the past four years and assess the legacy and impact of the Biden administration on the credit and collection industry. AccountsRecovery asked a number of industry professionals to share their thoughts on how the Biden administration impacted collections.

Collections 243

Collections Financial services Accounts Receivables Management Student Loans 243