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Thriving In Third Party Debt Collection: An Interview with John Bedard

PDC Flow

Can you tell me about your background in the accounts receivable industry? I started my career representing mortgage lenders and mortgage brokers in the late 1990’s. These compliance and defense litigation skills applied nicely to the accounts receivable management industry. . Owner, Bedard Law Group, P.C.

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How to Remove TransWorld Systems From Your Credit Report

Better Credit Blog

In fact, they are a multifaceted company that can be a part of the debt collection process in the early stages (pre-charge of recovery) or the post-collection stage. The first thing to know about working with any debt collector is to not make any arrangements solely over the phone, make sure the arrangement is completed in writing.

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Q2 Industry Insights: Higher Monthly Expenses for Consumers, Regulatory Guidance for Financial Institutions

True Accord

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. There were also a couple of notable court decisions impacting debt collectors last quarter.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Some consumers reported facing homelessness because of the negative impact of an eviction on their credit history reported by debt collectors. The licensed entities include vehicle finance companies, traditional installment lenders, and mortgage lenders. For more information, click here. For more information, click here.