Tue.Oct 06, 2020

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The number of US bankruptcies passes the 500-mark as coronavirus takes toll

Collection Industry News

continue to grow amid the coronavirus pandemic as 22 new companies added their names to a growing list of bankruptcies in 2020 in the last two weeks, an S&P Global Market Intelligence analysis shows. In comparison, private companies must include at least $10 million. Corporate bankruptcies in the U.S. 21 and Oct.

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The City that Never Sleeps on Debt Collection: A Primer on New York City’s Debt Collection Regulations

Collection Industry News

The agency proposed the rules on March 5, 2020 and scheduled a public hearing on the rules for April 10, 2020, in the midst of widespread shutdowns in the New York City metro area, and received no comments on the rules before allowing them to become effective on June 27.