Enterprise Recovery
FEBRUARY 7, 2025
It can be easy to get frustrated and make assumptions about why your invoices aren't being paid on time. The problem is that your frustration doesn't solve or prevent the situation from happening. After years of recovering delinquent debt for B2B clients, we've identified many reasons behind late or unpaid invoices. Read on to discover the reasons behind unpaid invoices and how to tackle them effectively.
Account Recovery
FEBRUARY 7, 2025
A District Court judge in Florida has granted a plaintiff’s motion for summary judgment in a Fair Debt Collection Practices Act case, ruling that a collection law firm used an invalid garnishment order to collect on the subject debt. The decision, issued by Judge William F. Jung of the District Court for the Middle District of Florida, found that the defendants misrepresented the legitimacy of the garnishment order, ultimately coercing the plaintiffs employer into paying the debt.
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Consumer Finance Watch
FEBRUARY 7, 2025
Cheryl S. Chang and Jessica A. McElroy AB 238, also referred to as the Mortgage Deferment Act, to add Title 19.1 3273.20 et seq. (the Mortgage Deferment Act or the Act), was introduced in the California legislature on January 13, 2025, … Continue reading → The post AB 238 Mortgage Deferment Act for California Wildfire: Mortgage Forbearance Relief appeared first on Consumer Finance Watch.
Account Recovery
FEBRUARY 7, 2025
While middle-income Americans are seeing a slight improvement in purchasing power, they remain deeply concerned about the cost of living and their financial outlook, according to data released recently as part of Primericas Financial Security Monitor. Key Trends: Overall, while some signs of economic improvement are present, middle-income Americans are still feeling significant financial strain.
Speaker: Anna Tiomina, MBA
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
Account Recovery
FEBRUARY 7, 2025
Collection Operation Accused of Making More than 200 Calls After Receiving Cease Request Judge Grants MSJ for Plaintiff in FDCPA Case Over Garnishment Order Court Grants 90-Day Delay of CFPBs Medical Debt Credit Reporting Rule Middle-Income Americans Struggling to Keep Up with Cost of Living, Despite Modest Improvement in Purchasing Power ImpactAI Solutions, a Division of CSS IMPACT, Unveils Groundbreaking Interactive Voice AI Smart Collectors to Transform Debt Collection WORTH NOTING: How much
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
FEBRUARY 7, 2025
LOS ANGELES CSS IMPACT, the leading provider of AI-driven debt collection financial ecosystem solutions, through its specialized division, ImpactAI Solutions, is thrilled to announce the launch of groundbreaking advancements within the IMPACT Enterprise Debt Collections Software Suite: the Interactive Voice AI Smart Collectors, Ava and Ivan. These state-of-the-art AI-powered agents are set to revolutionize the debt collection industry by speaking 40+ languages and offering seamless, compliant,
Account Recovery
FEBRUARY 7, 2025
A federal judge has granted a 90-day stay on the Consumer Financial Protection Bureaus new rule that would bar credit reporting agencies from including medical debt on consumer credit reports. The stay pushes the rules effective date to June 15, 2025, and delays further court proceedings in a legal battle brought by the Consumer Data Industry Association and the Cornerstone Credit Union League.
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