Qualco

APRIL 15, 2024

To address these issues, our latest blog explores the QCR Accelerator, a state-of-the-art , plug-and-play collection software specifically designed to streamline and automate debt recovery processes. HURDLES IN DEBT RECOVERY Financial institutions are encountering considerable difficulties in collecti ons concerning unsecured loans.

Financial Institution 97

Financial Institution Collections Debt Recovery Unsecured Debt 97

Collection Industry News

MARCH 30, 2025

billion in 2029 at a compound annual growth rate CAGR of 3.2%, the forecasted growth can be attributed to the upswing of digital commerce, increased lending by financial institutions, increasing credit card usage, international debt recovery, and expanded lending by financial institutions. From an expected value of $34.51

Collections Agency 40

Collections Agency Collection Agencies Collections Financial Institution 40

Debt RR

AUGUST 3, 2020

State tax agencies, however, might still need to obtain a Writ of Garnishment and have a bank levy placed on the debtor. While there might be property debt situations that warrant garnishment, it’s more often used for unsecured debt, or debt that isn’t backed by any collateral.

Garnishment 40

Garnishment Banks Student loans Student Loans 40

Debt RR

DECEMBER 13, 2019

Businesses restructuring debt typically do so because they’re having trouble meeting obligations, and it goes both ways. Many businesses are both debtors and creditors. That’s why it behooves everyone to understand debt restructuring.

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Chapter 7 bankruptcy Bankruptcy Creditors Retail 42