Tue.Nov 26, 2024

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Attorney Facing FDCPA Class Action for Allegedly Attempting to Collect on Judgments for Bankrupt Creditor

Account Recovery

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!

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Traditional Loans vs Invoice Financing: What’s Best for Your Business?

Qualco

NPL Management: A 5-Step Roadmap to Strategic Success is the latest e-Guide to be published by Qualco UK. You can view it here. In today's regulatory environment, when it comes to collecting overdue accounts, the clear, overarching message is that the customer must be treated fairly and ethically. However, in a small number of credit businesses, the right strategies for systems and people have not been set.

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Financial Health Declines in 2024: More Households Struggle to Make Ends Meet

Account Recovery

Financial well-being is falling across many demographics, and more Americans are struggling to keep up with everyday expenses. This trend is crucial for the credit and collection industry, as it may impact consumers’ ability to repay debts. Overall financial stability declined from 2023 to 2024, according to the Consumer Financial Protection Bureau’s “Making Ends Meet 2024” report.

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Paul Hammer Featured in Law360 Article on Recent Surge in Chapter 11 Bankruptcy Filings

BN Lawyers

Paul Hammer, Shareholder and leader of Barron & Newburger’s Houston Office, was recently quoted in an article published byLaw360 entitled “Inflation, Election Anxiety Drove Bankruptcy Hike, Experts Say”. Mr. Hammer was chosen to opine on this issue along with several prominent practitioners from elite national firms, including the current acting President of the American Bankruptcy Institute.

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Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

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India’s Meesho Cuts Customer Support Costs with AI Voice Bot

Account Recovery

The introduction of generative AI-powered voice bots in customer support marks a significant advancement in operational efficiency for contact centers and credit and collection operations. The technology demonstrates the potential to enhance consumer interactions, reduce costs, and streamline communication about unpaid debts. Meesho, a Softbank-backed online shopping platform in India, has launched what it claims is the first generative AI (GenAI) powered voice bot among Indian e-commerce firms,

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Indiana Appeals Court Affirms Ruling in Non-Compete Case Involving RCM Provider

Account Recovery

The Indiana Court of Appeals has affirmed a ruling in favor of defendants that were sued by a revenue cycle management company for violating a second non-compete agreement, which came four years after one of the defendants signed her first agreement when she started working for the company. The defendant was told that if she didn’t sign the second non-compete agreement, she would be fired.

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Daily Digest – November 26. Attorney Facing FDCPA Class Action for Allegedly Attempting to Collect on Judgments for Bankrupt Creditor; Indiana Appeals Court Affirms Ruling in Non-Compete Case Involving RCM Provider

Account Recovery

Attorney Facing FDCPA Class Action for Allegedly Attempting to Collect on Judgments for Bankrupt Creditor Indiana Appeals Court Affirms Ruling in Non-Compete Case Involving RCM Provider Financial Health Declines in 2024: More Households Struggle to Make Ends Meet India’s Meesho Cuts Customer Support Costs with AI Voice Bot WORTH NOTING: What does it say about technology when the man behind ChatGPT carries around a pen and paper with him?

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