Account Recovery

JULY 26, 2023

Consumers are being provided with a new playbook on how to handle unpaid medical debts that are placed with collection agencies, as part of a new report from the U.S. PIRG Education Fund and Community Catalyst that aims to inform consumers about their rights when it comes to medical bills. A copy of the report […]

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Education Collection Agencies Collections Agency Collections 130

Taurus Collect

JUNE 12, 2023

Thus, debt collection agencies are commonly utilised to ensure that funds due back to businesses don’t go unpaid. But how often do debt collection agencies take their clients’ customers to court? But did you know that these agencies often try to resolve your debt before resorting to legal action?

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Credit Management Company

APRIL 5, 2022

One way is to hire collection agencies. Finding the best collection agency partner is a reliable way to get the money your business needs. With effective collection agents, you can get paid faster and increased legal protection. Different agencies receive smaller or larger portions of your debt collection.

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Collection Industry News

JANUARY 10, 2022

January 5, 2022-Chicago-Commercial Collection Agencies of America has elected its new. Board members include Pete Roth of CST Company, Fred Wasserspring of Lyon Collection Services, Inc., For more information or to locate a certified commercial collection agency, please visit, www.commercialcollectionagenciesofamerica.com.

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Commercial Collection Collection Agencies Collections Agency Collections 40

Enterprise Recovery

FEBRUARY 18, 2022

Enterprise Recovery is a debt collections agency that specializes in B2B account recovery. We also educate on the best practices required to collect those debts before turning to a professional debt collections company.

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Collections Collection Agencies Collections Agency Education 217

UK debt collections

OCTOBER 23, 2020

A top body for Private Schools has launched a new partnership with leading Debt Collection Agency Frontline Collections. In a statement on their website, the Independent Schools Association ( ISA ) has given Frontline Collections a ‘Gold Supplier Status’ for it members.

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Collection Industry News

DECEMBER 16, 2021

December 15, 2021-Chicago-Commercial Collection Agencies of America announced that through its. initiative, Commercial Collection Agencies of America Gives Back, a portion of the proceeds of its. December 15, 2021-Chicago-Commercial Collection Agencies of America announced that through its.

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American Profit Recovery

MARCH 4, 2022

National Consumer Protection Week in 2022 is March 6-12 and is meant to educate everyone about how to improve finances, avoid scams and fraud as well as educate consumers about their rights. Everyone here at American Profit Recovery understands that as a collection agency we need to be as transparent as possible.

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Collection Industry News

DECEMBER 21, 2020

— Commercial Collection Agencies of America recently announced that through its initiative, Commercial Collection Agencies of America Gives Back , a portion of the proceeds of its virtual annual meeting has been given to Mental Health Advocates of WNY, formerly known as the Mental Health Association of Erie, New York.

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Collection Industry News

NOVEMBER 6, 2020

The Washington State Collection Agency Licensing Board (CAB) will hold a special meeting on Nov. 3 to review language in its permanent rule on remote work for licensed collection agencies. Related Content from ACA International: Washington Collection Agency Board Extends Remote Work Rule into February.

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UK debt collections

NOVEMBER 8, 2021

The UK’s largest University has called upon a leading UK Debt Collection Agency for help with course content for its students. It is seen a major boost in credibility for the industry and the acceptance of the role Debt Collection Agencies have to play in modern UK Business.

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American Profit Recovery

JUNE 28, 2023

And the industry as a whole is recognizing this is a vital part of the collection process. Many consumers who end up being contacted by a collection agency have personal circumstances that have forced them to make difficult financial decisions.

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Credits Inc

APRIL 17, 2019

If you've been unsuccessful in collecting the funds, it may be a more effective use of your time to hire an. account receivable collections. agency to focus on collecting the past-due fees for you. In 2016, debt collection agencies were able to recover roughly $78.5 billion in debts. Industry Knowledge.

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American Profit Recovery

DECEMBER 1, 2021

We’ve always been big advocates when it comes to educating consumers on their rights when it comes to debt collections as well as how to effectively work with a collector to take care of financial obligations. That’s right, a website dedicated to helping consumers has been created by the collection industry.

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CSA

FEBRUARY 3, 2021

While working at the Education & Skills Funding Agency, I engaged some of the UK's largest companies on the skills agenda and worked with them to develop apprenticeship programmes. is a reoccurring theme, with many debt collection agencies investing heavily in their ?employer employer of choice? employer brand?,

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Collection Agencies Collections Agency Collections Education 52

Nexa Collect

JUNE 27, 2023

Employ a Collection Agency : If the borrower is unresponsive or unwilling to pay, employ the services of a collection agency. The agency will then take over the task of contacting the borrower and attempting to collect on the debt.

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American Profit Recovery

AUGUST 11, 2021

That includes how we can work in the best interest of the clients that hire us, the consumers that are struggling with their finances, and the overall health and effectiveness of the collection industry. No government or elected official can be educated on every issue that lies in front of them. We have always wanted to do our part.

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Collections Collection Agencies Collections Agency Education 246

Troutman Sanders

OCTOBER 7, 2020

New Mexico’s Attorney General Hector Balderas announced on September 29 that his office has filed three lawsuits against debt collection companies. In his statement , Balderas explained that these lawsuits are part of a larger “crackdown” aimed at educating consumers and eliminating abusive debt collection practices within the state.

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American Profit Recovery

APRIL 20, 2022

April is Financial Literacy Month and if you are a consumer that is struggling to meet your financial obligations, this is a chance for you to educate yourself on ways you can improve your financial health. There is no better place to get educated on your financial situation and find ways to improve it than Know My Debt.

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Debt collector Collection Agencies Collections Agency Education 201

Taurus Collect

APRIL 9, 2024

This introductory guide aims to explore the mechanics of No Cure No Pay debt collection and its potential to revolutionise financial management strategies for businesses across the UK. The Collection Conundrum: Details and Challenges Understanding collections goes beyond a simple “payment is due” notification.

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Collections Debt Recovery Collection Agencies Collections Agency 72

Nexa Collect

JUNE 24, 2023

You should discuss these points with the compliance superior of your collection agency. Since collection agencies fall under GLBA laws, they are subjected to the same strict laws as large financial institutions like banks. They should be educated about the importance of data security and privacy.

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National Service Bureau

JUNE 10, 2015

In reality, debt collection agencies are the most useful means to get someone who has a legitimate contractual obligation to make good on their promise so that the honest businessman (perhaps yourself or your company) on the other side of the trade doesn’t get left holding the bag. Are they licensed and do they need to be?

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Nexa Collect

JUNE 25, 2023

Need a Debt Collection Agency? Health Issues : Cognitive impairments or health issues might prevent residents from keeping track of their bills.

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Credit Corp

FEBRUARY 23, 2024

This guide will teach you how to deal with debt collectors and educate you on the laws relating to outstanding debt. Key Takeaways: Zombie debt arises based on collection agencies. The original lender or collection agency fails to collect within the statute of limitations.

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American Profit Recovery

AUGUST 27, 2021

This involves the people you hire, the amount and depth of training you provide those people as well as educating them as to how important it is to treat every customer like your only customer. The customer experience must hold true throughout the entire customer relationship which includes financial disputes and collection activity.

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Collection Agencies Collections Agency Collections Education 144

Nexa Collect

JUNE 27, 2023

Solution : Training and education on appropriate coding guidelines to avoid unbundling. Unpaid Patient Bills: Hire a collection agency for urgent care clinics. Regular audits can also help in identifying any duplicates. Unbundling : Billing for each component of a service as if it were a separate procedure.

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Collection Agencies Collections Agency Education Collections 100

Nexa Collect

JUNE 12, 2023

Financial Assistance Programs : Educate patients about financial assistance programs, such as Medicaid or charity care programs, that can help reduce the burden of medical bills. Outsource Collections : For healthcare providers, outsourcing the collections process to a specialized agency is more effective than trying to handle it internally.

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Healthcare Collection Agencies Collections Agency Education 100

National Service Bureau

JUNE 26, 2014

Analyzing a healthcare collection agency is not a simple task. This is especially true if you are a small to mid-size healthcare facility and are unfamiliar with how collection agencies operate. What is your overall collections philosophy and what are your methods? Who will I be paying to represent my facility?

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Collection Agencies Collections Agency Healthcare Collections 40

Collection Industry News

JANUARY 10, 2022

The report is required for licensed agencies working with unit- owners’ associations, such as a condominium development, and must be filed by Jan. The total amount of money collected by the collection agency for unit-owners’ associations during the immediately preceding year. Source- site.

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Payment Savvy

JUNE 24, 2020

This is where collection agent incentive programs come in to save the day. These incentive programs motivate debt collection agents to work harder and, in turn, keep your collection agency in the black. Collection Agents Bring in Revenue. Agents play a pivotal role in the debt collection agency.

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Collection Agent Collections Collection Agencies Collections Agency 52

Nexa Collect

JULY 28, 2020

These small, seemingly insignificant interactions about payoff can lead to less time spent collecting fees and more appointments to fill your calendar. Educate your patient on the insurance charges. Hire a collection agency to collect your fees. Know your numbers and take action accordingly.

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Collection Agencies Collections Agency Education Collections 130

Taurus Collect

FEBRUARY 1, 2024

Understanding the Debt Collection Process The debt collection process typically initiates once a creditor concludes an account is non-performing, meaning the debtor has missed payments for several months. Legal Action : As a last resort, the collection agency may recommend that the creditor take legal action to recover the funds owed.

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Debt collector Debtor Collection Agencies Collections Agency 52

Collection Industry News

NOVEMBER 8, 2021

Department of Education said it is ending its relationship with private collection agencies that had been tasked with recovering payments from federal student loan borrowers in default to improve collections and provide borrowers with more support. Source: site.

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FFGN COLLECT NY

DECEMBER 15, 2021

The Bureau educates, establishes and enforces rules, and has a compliance arm addressing debt collection as it relates to consumer collections. The CFPB also acts as a database that logs complaints against collection agencies and collection attorneys. Use obscene or profane language.

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Debt collector Collections Fair Debt Collection Collection Agencies 98

UK debt collections

FEBRUARY 26, 2024

“It was completely unacceptable for Renfrewshire to have allowed a debt collection agency to have anything to do with school meal debts. The wider problem though is that up and down the country there are children going to school hungry every day which is having a hugely detrimental impact on their education and life chances.

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Debt collector Government Collection Agencies Collections Agency 59

Optio Solutions

FEBRUARY 13, 2020

13, 2020) — National debt collection agency Optio Solutions celebrated its 13th anniversary Feb. The new business results from developing partnerships with national clients in retail, education, financial services and other industries. Petaluma, Calif. 7 while experiencing steady growth over the last several years.

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Retail Collection Agencies Collections Agency Education 52

Taurus Collect

MAY 11, 2023

However, it’s equally important to make sure you’re following all applicable laws when it comes to rent collection. By educating yourself on your rights as a landlord, you can protect your investment and ensure a successful and profitable rental property. This is where a collections agency comes in handy.

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