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Debt Collection Now and Post-Covid

Nexa Collect

Additionally, the government-assisted stimulus packages resulted in recovery rates jumping by almost 1.5 Reporting information to build a reliable database. One of the difficulties in accessing that data is the reporting of consumer information by creditors and by debt collection agencies, themselves. 4, March 2013 ).

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

Senators Warren and Wyden noted that “proof-of reserves examinations fall significantly short of real audits, as proof-of-reserves reports do not follow established standards, are not overseen by the PCAOB, and do not prove that listed assets actually belong to customers.” For more information, click here. For more information, click here.