Collection Industry News
DECEMBER 17, 2022
The number of bankruptcy filings by private equity-backed companies in the U.S. Forty-nine private equity portfolio companies have filed for bankruptcy in 2022, representing 6.6% Of the portfolio companies that filed for bankruptcy in 2022, 38 are restructuring, six have liquidated and the remaining five are still operating.
Better Credit Blog
MARCH 2, 2021
mostly collects on debt in the healthcare industry. When your healthcare provider is unsuccessful at collecting your debt, they could contact a third-party agency such as H&R Accounts. Debt collectors buy your debts from providers and lenders, or they employ them to manage the collections process. Even more good news?
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Credit Corp
MAY 4, 2021
Start by making a list of all of your monthly expenditures, including healthcare, utilities, insurance, childcare, and housing costs. Another mental roadblock to paying off debt is having to take money out of your bank account and send it off to your lenders. Consider Bankruptcy as a Last Resort. Set up Automatic Payments.
Collection Industry News
MARCH 7, 2022
Families are pushed into bankruptcy by medical debts that they cannot pay.”. Credit reports and scores are used by lenders to determine if you qualify for a loan, and what interest rate you pay. Be aware, however, that not all lenders use the updated credit scoring systems, she said. Chopra deemed “extraordinary.”.
Better Credit Blog
FEBRUARY 5, 2021
If you’ve fallen behind on healthcare payments, that’s probably why BCA is on your report. As far as collections are concerned, they primarily target debts in the healthcare industry. If your lender or service provider isn’t able to collect payment for your debts, they will go into collections. Bankruptcy. Identity fraud.
Better Credit Blog
FEBRUARY 4, 2021
DFS primarily collects on healthcare debt, as well as: Commercial debt. When you fall behind on payments, your lender or service provider will make multiple attempts to contact you. Are hired to help the original lender collect the debt. Bankruptcy. Phoenix, Arizona 85053. Credit card debt. Utility debt. Identity fraud.
Better Credit Blog
FEBRUARY 25, 2021
Healthcare. When you fail to keep up with payments to a service provider or lender, they often hand your debts off to collections agencies. These agencies might buy your debts for pennies on the dollar or get paid to help the original lender/provider collect. Bankruptcy. Financial institution. Foreclosure. Repossessions.
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