True Accord

JUNE 6, 2023

Where data has its own intrinsic value and where data breaches and cyberattacks are a risk for every business, the Safeguards Rule under the Gramm-Leach-Bliley Act (GLBA) provides financial institutions, including those in the accounts receivable management industry, with guidance on how to safeguard customer information.

Financial Institution 98

Financial Institution Credit Unions Credit Unions Accounts Receivables Management 98

National Service Bureau

APRIL 6, 2015

Debt collection companies walk a fine line between business efficiency in their primary function (accounts receivable management), while at the same time needing to respect the fact that the debtor is a valuable client to the business for whom they are running collections. 4: False statements or representation.

Collection Companies 40

Collection Companies Collections Collection Agent Collections Agency 40

National Service Bureau

AUGUST 19, 2015

Like any industry, the debt collection and accounts receivable management industries have some bad apples. The latter are obviously people and organizations that you would want to avoid should your business need assistance with collecting on delinquent accounts. Or no legitimate debt buyer?

Collections 40

Collections Accounts Receivables Management Debtor Collections Agency 40

Collection Industry News

AUGUST 4, 2020

The COVID-19 Medical Debt Collection Relief Act , sponsored by U.S. would, according to a news release : Suspend all extraordinary collection actions by health care providers for all medical debt (e.g. wage garnishment, bank account seizure) during the covered period (i.e. Chris Van Hollen, D-Md., and Chris Murphy, D-Conn.,

Collections 52

Collections Garnishment Accounts Receivables Management Banks 52

Collection Industry News

SEPTEMBER 23, 2020

18, 2019 /PRNewswire/ — ACA International’s comprehensive comments in response to the Consumer Financial Protection Bureau’s proposed debt collection rule recommend fair and objective policies that clarify legal obligations for the accounts receivable management (ARM) industry and provide clarity for consumers.

Fair Debt Collection 40

Fair Debt Collection Collections Accounts Receivables Management Creditors 40

True Accord

JULY 13, 2023

If you’re a creditor or collector working with financially distressed borrowers, considering consumer situations and preferences when attempting to collect and employing digital strategies to boost engagement are more important than ever. What’s Impacting Consumers and the Industry? NPAS, Inc., to establish a concrete injury.

Financial Institution 96

Financial Institution Student loans Student Loans Loans 96

Katabat

AUGUST 29, 2023

“We look forward to helping Harmoney improve its collections efficiency, with smarter, more-effective strategies, increase customer satisfaction with personalized treatment strategies, and ultimately, collect more,” said Tim O’Brien, Chief Executive Officer at Finvi. “By

Loans 52

Loans Accounts Receivables Management Financial Institution Personal loans 52

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

Credit Management Company

MAY 19, 2021

. – 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.

Credit Management 52

Credit Management Healthcare Accounts Receivables Management Education 52

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

National Service Bureau

OCTOBER 1, 2015

October 1 is the start of a new fiscal year for a large number of organizations - particularly those with a high percentage of their work coming from government contracts. The US government’s fiscal year runs from 01 October to 30 September and therefore a lot of businesses run their accounting on a similar schedule.

Collections Agency 40

Collections Agency Collection Agencies Government Accounts Receivables Management 40

PDC Flow

AUGUST 18, 2020

This year has seen vast, unexpected change for the credit and collection industry. I also defended those clients against civil actions brought against them by consumers, the government, and each other. These compliance and defense litigation skills applied nicely to the accounts receivable management industry. .

Collections 98

Collections Debt collector Law Firms Trade 98

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

Burt and Associates

FEBRUARY 3, 2025

While financing helps businesses expand, manage operational costs, and navigate economic downturns , excessive debt can lead to financial distress and collection actions. Trade Credit : Suppliers extend longer payment terms , leading to higher outstanding receivables. According to U.S. in Q3 of 2023, up from 1.5%

Commercial Collection 52

Commercial Collection Collections Agency Collection Agencies Debt Recovery 52

Account Recovery

JANUARY 3, 2025

As part of the festivities to mark the end of one calendar year and the start of a new one, I ask different professionals from across the accounts receivable management industry for their predictions for the coming year what do they think is going to happen, what kind of year is it going to be for collection operations, etc.

Accounts Receivables Management 130

Accounts Receivables Management Acquisition Government Collections Agency 130

On Guard

DECEMBER 18, 2024

Trends in credit management #4: Growing digitalisation of work processes The growing AI presence in the past couple of years has put work efficiency in the spotlight, due to its potential to automate repetitive, time-consuming tasks (credit scoring, payment processing, customer communications, etc.).

Credit Management 52

Credit Management Accounts Receivables Management Bankruptcy Government 52

Account Recovery

DECEMBER 31, 2024

The Court of Appeals for the Seventh Circuit has vacated a lower courts summary judgment ruling in favor of a plaintiff in a Fair Debt Collection Practices Act case and remanded the case back to the District Court so it can be dismissed because the plaintiff lacked standing to sue in the first place.

Fair Debt Collection 130

Fair Debt Collection Accounts Receivables Management Collections Judgment 130