Account Recovery

SEPTEMBER 27, 2024

In a case that was defended by Jacquelyn DiCicco of J. Robbin Law, a New Jersey Appeals Court has affirmed the dismissal of a consumer’s class-action lawsuit against a group of debt buyers, ruling that there is no private right of action under the New Jersey Consumer Finance Licensing Act, and that the plaintiff’s claims under the Consumer Fraud Act were not applicable in this debt collection context.

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Credit Card Debt Judgment Collections 246

Enterprise Recovery

SEPTEMBER 27, 2024

Building trust is paramount in the debt recovery process, and communication is the foundation of trust. Clients are more likely to cooperate and engage positively when informed about the collections process and their options. Clear and honest communication helps to demystify the debt recovery process, reducing any anxiety or confusion the client may have.

Debt Recovery 202

Debt Recovery Collections 202

American Profit Recovery

SEPTEMBER 27, 2024

By Delaney: Debt Collectors are faced with many hurdles when trying to contact consumers to pay on past due balances. Many of these hurdles come from pre-conceived notions about what it means to have an account sent to collections, or to be contacted by a collection agency. At American Profit Recovery, we do our best every day to change the perception of the collection industry in order to educate both consumers and prospective clients on what those things truly mean.

Debt collector 130

Debt collector Collection Agencies Collections Agency Education 130

Account Recovery

SEPTEMBER 27, 2024

For the second time, a Pennsylvania Appeals Court has ruled that employees can seek liquidated damages under the state’s Wage Payment and Collection Law (WPCL) even if they have already been paid all outstanding wages before filing a lawsuit issuing the ruling in a case involving a collection agency and its former chief executive. In a 5-4 decision, the court affirmed a lower court’s order awarding the plaintiff $60,000 in liquidated damages.

Collection Agencies 130

Collection Agencies Collections Agency Collections 130

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

Collection Industry News

SEPTEMBER 27, 2024

A Johnson & Johnson subsidiary filed for bankruptcy for a third time on Friday as the healthcare giant seeks to advance an approximately $8 billion proposed settlement that would end tens of thousands of lawsuits alleging that the company’s baby powder and other talc products caused cancer. J&J’s Red River Talc unit made its filing in the U.S.

Bankruptcy 40

Bankruptcy Healthcare Lawyers Collections 40

BN Lawyers

SEPTEMBER 27, 2024

Here’s the latest risk management guidance, published in August 2024, from B&N’s Attorneys Risk Management practice group. BN – Tip of the Month – Limiting the Scope of Retention Can Limit Your Liability – August 2024 The post Barron & Newburger’s Latest Risk Management Guidance appeared first on Barron & Newburger, P.C.

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Account Recovery

SEPTEMBER 27, 2024

Healthcare providers are increasingly turning to artificial intelligence to boost their revenue cycle management (RCM) processes, a new survey reveals. The survey, which involved 101 healthcare leaders, shows a notable shift in how healthcare organizations view AI as a critical tool for solving persistent challenges in their RCM workflows. By the numbers: The big picture: Healthcare organizations are struggling with persistent RCM challenges, including: These issues result in significant uncolle

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Healthcare Collections 130

Account Recovery

SEPTEMBER 27, 2024

Collector Sued for Not Dismissing Collection Lawsuit to Plaintiff’s Request N.J. Appeals Court Affirms Ruling for Defendant in CFLA Case Full Pennsylvania Appeals Court Issues Ruling in Bonus Case Involving Collection Agency, Former CEO RCM To Get Big Boost from AI: Survey Finvi Announces Partnership with Divinity Software as Velosidy Integrations Build WORTH NOTING: Photos from the last baseball game played in Oakland … Why you may want to consider doing some exercise before going to bed

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Collections Collection Agencies Collections Agency 130

Account Recovery

SEPTEMBER 27, 2024

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call (855) WEB-RECON or email admin@webrecon.net today!

Chapter 7 bankruptcy 130

Chapter 7 bankruptcy Collections Bankruptcy 130

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

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