Thu.Apr 24, 2025

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50+ Commercial Debt Statistics

The Kaplan Group

Business debt in the U.S. has surged over the past five yearsfueled by pandemic disruptions, stimulus borrowing, and a volatile interest rate environment. As refinancing costs rise and payment behavior worsens, companies face mounting financial pressure across sectors. This roundup captures the most important statistics and trends shaping the commercial debt landscape in 2025.

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New federal rule removes medical debt from credit reports

Collection Industry News

On Jan. 7, 2025, the Consumer Financial Protection Bureau (CFPB)finalized a rulethat will ban the inclusion of medical debt on credit reports and prohibit lenders from using medical information in their approval decisions. The CFPB estimates the rule change will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans.

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Daily Digest – April 24. Getting to Know Ralph Hall of BCA Financial Services & GVH Consulting; Vermont Passes Medical Debt Relief Bill

Account Recovery

Getting to Know Ralph Hall of BCA Financial Services & GVH Consulting CFPB Roundup Vermont Passes Medical Debt Relief Bill Consumers Show Resilience Amid Rising Inflation and Tariffs, But Credit Behavior Shifts WORTH NOTING:People tend to be more romantic when on vacation, according to new research … A look ahead to the NFL draft, which kicks off tonight … I heard this on the radio yesterday and then saw this online.

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Getting to Know Ralph Hall of BCA Financial Services & GVH Consulting

Account Recovery

I am thrilled to announce that the Getting to Know series will be sponsored by TEC Services Group in 2024. TEC Services Group is the leading technology and professional services firm in the credit collections industry offering both leading industry solutions along with unrivaled, unbiased, and experienced support. TEC is now extending its services by offering proven, industry-leading technology solutions alongside of our Professional Services to help Clients feel confident in their technology de

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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Vermont Passes Medical Debt Relief Bill

Account Recovery

A bill prohibiting the reporting of medical debt and which would wipe out $100 million of unpaid healthcare bills has passed both chambers of the Vermont legislature and is heading to the desk of Gov. Phil Scott for his signature or veto. Driving the news: Senate Bill 27, aimed at eliminating medical debt for tens of thousands of Vermonters and preventing such debts from impacting credit reports, passed unanimously in both the Vermont House and Senate.

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CFPB Roundup

Account Recovery

While there is plenty of attention focused on the future of the Consumer Financial Protection Bureau and just how many employees, if any, will be working at the Bureau, there has also been activity on a number of other fronts involving lawsuits the CFPB is engaged in with the companies it regulates. Read on to learn which suits the CFPB is dropping, which one it is choosing to continue fighting, and its appeal of last week’s ruling blocking it from firing 1,500 staffers.