Fri.Apr 21, 2023

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Why SaaS Companies Need Debt Collection Services

Enterprise Recovery

A typical services contract requires a retainer or ongoing payments. Businesses selling software-as-a-service (SaaS), or anything else "as-a-service," rely on monthly or annual fees from subscribers. If those subscribers fail to meet their obligations, their accounts can be sent to collections for recourse. Non-payer churn is one of many reasons that Saas companies need debt collection services.

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Daily Digest – April 21. Complaint Accuses Collector of Now Knowing Debt was Previously Disputed; Judge Grants MJOP in FDCPA Class-Action

Account Recovery

COMPLAINT ACCUSES COLLECTOR OF NOT KNOWING DEBT WAS PREVIOUSLY DISPUTED & LITIGATED A collector has removed a Fair Debt Collection Practices Act lawsuit to federal court after it was accused of failing to send a validation notice prior to furnishing information about the debt to the credit reporting agencies and for attempting to collect on … The post Daily Digest – April 21.

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Charity accuses London Bailiffs firm of ‘dressing up as police’

UK debt collections

A London bailiffs company has hit back at a claim its enforcement officers are deliberately dressed to look like police to scare people into complying with their requests, saying at no point have they ever claimed to be law enforcement. After an article accused S&K Enforcement of dressing up like police to intimidate tenants out of their homes during the course of their work to enforce evictions , the firm pointed out that its officers used and wore similar equipment to police officers, but

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Complaint Accuses Collector of Not Knowing Debt was Previously Disputed & Litigated

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 … The post Complaint Accuses Collector of Not Knowing Debt was Previously Disputed & Litigated first appeared on AccountsRecovery.net.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

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The Ninth Circuit Reinforces Narrow Interpretation of ATDS under Borden Holding System Must Generate Random or Sequential Telephone Numbers to Constitute an ATDS

Troutman Sanders

On April 13, the Ninth Circuit issued an opinion affirming a district court’s summary judgment order on the grounds that under Borden v. eFinancial, LLC , discussed here , to qualify as an automatic telephone dialing system (ATDS) under the Telephone Consumer Protection Act (TCPA) the telephone system must store or produce randomly or sequentially generated telephone numbers, not just any numbers.

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Leveraging DDA Data in Consumer Lending to Stay Competitive

Fico Collections

Home Blog FICO Leveraging DDA Data in Consumer Lending to Stay Competitive Q&A with Dale Robinson, credit risk executive at Ameriprise Financial Services, Bluestem Brands, HSBC and USBank FICO Admin Thu, 12/19/2019 - 16:29 by Sharon Tilley expand_less Back To Top Fri, 04/21/2023 - 15:00 Dale Robinson is an early adopter of consumer-permissioned demand-deposit account (DDA) data and scoring in retail credit, and an independent financial services consultant with over 20 years of experience as a cr

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North Carolina Medical Debt Bill Gets Hearing, Passes Senate Committee

Account Recovery

The bill with possibly the best name ever placed on a piece of legislation cleared a small hurdle yesterday as it makes another attempt at becoming law in North Carolina. The state’s Senate Health Care Committee yesterday held a hearing and subsequently passed the Medial Debt De-Weaponization Act, becoming the first of four Senate committees … The post North Carolina Medical Debt Bill Gets Hearing, Passes Senate Committee first appeared on AccountsRecovery.net.

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Top Challenges Facing Credit Professionals Today

NACM

⬆ Increasing past dues have been the number one challenge for credit professionals in the last year, according to a recent eNews poll.? Hear from Craig Pluff and Brad Hamman, CBA in today's episode of Extra Credit as they talk about how to tackle the challenges they face.

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Healthcare Practice Under Spotlight for Suing Patients

Account Recovery

A healthcare practice in New York that performs bariatric surgery is in the spotlight this week for filing a bunch of lawsuits against patients who did not pay their bills, and the chief executive of the practice is putting the blame on the patients in a published report for not forwarding the checks they receive … The post Healthcare Practice Under Spotlight for Suing Patients first appeared on AccountsRecovery.net.

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When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

Are you finding some snags in your collections process? With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.