Fri.Dec 06, 2024

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Common B2B Debt Collection Mistakes and Strategies for Improvement

Enterprise Recovery

B2B debt collection requires an understanding of effective strategies to mitigate delinquent accounts. This process involves implementing proactive measures so businesses can avoid issues such as unclear credit policies, inadequate communication, and poor documentation practices. Also, technology and professional debt collection services can enhance the ability to recover outstanding debts and maintain healthy financial operations.

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CFPB Sends $1.8B to Victims of Lexington Law Scam

Account Recovery

When you couple that the Consumer Financial Protection Bureau is making its largest-ever distribution from its Victims Relief Fund, and that it will be sending $1.8 billion to more than 4 million consumers, with the fact that those consumers were victims of bait-and-switch advertising undertaken by Lexington Law and CreditRepair.com, it’s worth mentioning.

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CSA appoints New Learning and Development Director

CSA

Credit Services Association (CSA), the voice of the UK debt collection and purchase industry, has appointed Harvey Watson as Learning and Development Director. A previous CSA tutor specialising in risk & compliance apprenticeships in both the public and private sector, Harvey also spent thirty-one, high performing years, in Senior Management and Leadership with Halifax Bank.

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Collector Facing FDCPA Class Action Over Multiple MVNs Received on Same Day

Account Recovery

EDITORS 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!

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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Transform Contract Management with Digital Contract Tracking Tools

PDC Flow

Companies that manage contracts without digital contract tracking rely on manual, outdated methods to stay organized. These processes are inefficient, cause human error, and lack scalability. Contract tracking software is a faster, more efficient way to handle and track contracts throughout an entire workflow. How to Manage and Track Contracts Its essential for your organization to know how to track contracts and other paperwork you send.

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State AGs Issue Warning to Dept. of Education Over Proposed Student Loan Relief Rule

Account Recovery

Missouri Attorney General Andrew Bailey is spearheading a 23-state coalition challenging the Biden Administration’s latest student loan forgiveness rule, accusing it of overstepping its authority. The coalition’s letter, signed by representatives from states including Alabama, Texas, and Florida, argues that the Department of Education’s fourth attempt to forgive student debt illegally shifts financial burdens onto American taxpayers without proper Congressional approval.

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Daily Digest – December 6. Collector Facing FDCPA Class Action Over Multiple MVNs Received on Same Day; CFPB Sends $1.8B to Victims of Lexington Law Scam

Account Recovery

Collector Facing FDCPA Class Action Over Multiple MVNs Received on Same Day Court Rules on FDCPA Case Over Unreceived Request For Additional Information to Clear Up Dispute CFPB Sends $1.8B to Victims of Lexington Law Scam State AGs Issue Warning to Dept. of Education Over Proposed Student Loan Relief Rule WORTH NOTING: Why you should stop using apps like ChatGPT as a search engine … Poses to help give you more confidence when taking pictures of yourself … If you’re deadset on