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Debt Collection Now and Post-Covid

Nexa Collect

The debt collection industry has been through one of its most difficult periods in modern history, and the recovery looks slow and prolonged. Performance of Collection Agencies during Covid-19 Pandemic. Economic downturns create a huge opportunity for the debt collection industry.

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How Businesses Use Corporate Debt Restructuring for Liquidity

Debt RR

Businesses restructuring debt typically do so because they’re having trouble meeting obligations, and it goes both ways. A B2B company may be in financial trouble because it’s having trouble collecting on its own outstanding invoices. It’s a last-ditch effort to avoid a Chapter 7 liquidation bankruptcy. The question is who?

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General Insurance Code of Practice and Hardship

Debt Recoveries

As Debt Recoveries Australia services a significant portion of the insurance industry, it has been of the utmost importance that we remain aware of the changes to the code and how they affect our clients, their insured customers and any third parties that recovery may be sought from in a claim. .

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What to do When You’re Served Papers for a Debt

Debt RR

This leaves businesses struggling to maintain revenue while debt continues to pile up. There are 35 major bankruptcies in 2019 so far, and over two-thirds happened in retail. trillion worth of debt. When faced with mounting debt, it’s inevitable that someone will come to collect. File for Bankruptcy.

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What is Clarity Services Inc. on My Credit Report?

Better Credit Blog

Collections records. Debt recovery. Retail financing. They’ll help you tackle a myriad of credit problems, like: Bankruptcy. Debt collectors. To do so, they provide detailed data that includes not just one’s credit report but also their: Car title. Installment payments. Rent to own agreements. Charge offs.

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