Account Recovery

FEBRUARY 11, 2025

Coral Gables, FL February 10, 2025 Following the acquisition of AACANet, Pollack & Rosen, P.A. (P&R) and its sister company, Gateway Portfolio Services, LLC, have entered into a strategic partnership with Harvest Strategy Group, Inc. to deliver more transparent, data-driven, and compliance-focused debt recovery solutions. This collaboration leverages AACANets national network while integrating Harvest Strategy Groups advanced analytics and compliance-driven portfolio management strateg

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True Accord

FEBRUARY 11, 2025

Keeping up with compliance in the debt collection industry can be a challengeespecially as artificial intelligence, machine learning, and other advanced technologies sweep through both the business and consumer sectors. In a webinar on January 29, 2025, industry experts Kelly Knepper-Stevens, TrueML Chief Legal Officer; Katie Neill, TrueAccord General Counsel and Chief Compliance Officer; and Lauren Valenzuela, Retain by TrueML Products General Counsel and Chief Compliance Officer, shared insigh

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Account Recovery

FEBRUARY 11, 2025

A Senate committee in the Washington state legislature has advanced a medical debt collection bill that could significantly change how medical debt is reported and enforced. Senate Bill 5480, introduced in the 69th Legislature, aims to void and make unenforceable any medical debt that is reported to a consumer credit reporting agency or credit bureau.

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Hudson Weir

FEBRUARY 11, 2025

If youre trying to find out what does IBR mean or what does IBR stand for in a business or banking context, thats understandable as there are some conflicting answers online. IBR stands for Independent Business Review. IBRs are comprehensive assessments of a company’s financial health and operational performance, typically conducted at the request of a bank or other lending institution.

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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 11, 2025

A New Jersey Appeals Court has overturned a lower court’s ruling in favor of a defendant that had granted arbitration in a collection lawsuit more than a year after the complaint had been filed and litigated. The appellate court found that the defendant ultimately waived its right to arbitration due to its litigation activities. The background: The case arose from a collection lawsuit filed in January 2022.

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Account Recovery

FEBRUARY 11, 2025

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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Account Recovery

FEBRUARY 11, 2025

Collector Facing FDCPA Suit for Allegedly Misleading Plaintiff About Credit Reporting N.J. Appeals Court Reverses Arbitration Ruling for Defendant in Collection Case Keeping Pace with Whats Going on at CFPB Washington Senate Committee Advances Medical Debt Collection Bill Prodigal Launches ProAgent to Automate End-to-End Collections Operations WORTH NOTING: Six questions you should never ask at the end of a job interview … Car insurance rates are 12% higher now than a year ago … Brea

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Account Recovery

FEBRUARY 11, 2025

It’s been challenging trying to keep on top of all the developments surrounding the situation at the Consumer Financial Protection Bureau and what’s starting to make things even more confusing is that there are now three streams of content. The first stream of content is the actual news and developments that are going on, like another email from Acting Director Russell Vought telling employees to “stand down” until further notice from doing any work.

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