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Facebook Launches Commercial Collection Program. Is Consumer Collections Next?

Account Recovery

Facebook announced last week a new plan that it will launch in October to help small businesses collect on unpaid invoices, perhaps setting up an eventual entry into consumer debt collections as well. Is Consumer Collections Next?

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Florida Updates Collection Law to Allow Overnight Emails to Consumers

Account Recovery

The Florida Legislature has passed a bill that would allow collectors to communicate with consumers via email outside of the normal 8 a.m. 🧾 What happened: On April 29, the Florida House of Representatives voted unanimously (116-0) to pass Senate Bill 232 (SB 232), updating the states Consumer Collection Practices Act (FCCPA).

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Florida Supreme Court Rules Injured Worker Can Sue Under State Collection Law

Account Recovery

The Florida Supreme Court has affirmed a lower court’s ruling holding that an individual subjected to debt collection activities for an injury covered by workers’ compensation can sue under the Florida Consumer Collection Practices Act instead of the state’s Department of Financial Services holding jurisdiction.

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Judge Denies Defendant’s Motion for Attorney’s Fees in FCCPA Case

Account Recovery

A District Court Judge in Florida has Denied a Defendant’s Motion for Attorney’s Fees in a Florida Consumer Collection Practices Act Case, concluding that the plaintiffs belief that she had a legitimate claim against the defendant was sufficient to warrant the filing of the lawsuit, even though the claim was unsuccessful.

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8 reasons why businesses rely on debt collection agencies

American Profit Recovery

The debt collection industry is a vital part of the US economy. Many small businesses and larger organizations rely on the expertise and efforts of third-party collection agencies every day. Collection agencies are recovering substantial amounts of consumer debt and helping those businesses drastically improve much needed cash flow.

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Daily Digest – May 31. Fla. Supreme Court Rules in Workers’ Comp Case; Calif. AG Backs DAs in Fight Over Illegal Collection Practices

Account Recovery

AG Backs DAs in Fight Over Illegal Collection Practices appeared first on AccountsRecovery.net. Supreme Court Rules in Workers’ Comp Case; Calif.

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How a B2B Collection Agency Can Work Harmoniously with Clients and Customers

American Profit Recovery

For many organizations, managing overdue invoices and recovering outstanding debts can be a challenging and time-consuming task. This is where Business-to-Business (B2B) collection agencies come into play. However, the relationship between a collection agency, its clients, and their customers can be delicate.