Wed.Apr 23, 2025

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Consumer Interest in Bankruptcy Surges, Signaling Potential Wave of Filings

Account Recovery

Bankruptcy inquiries in the U.S. surged to their highest levels in five years during the first quarter of 2025, signaling a potential increase in filings this summer, according to data published last week by LegalShield. The data highlights the growing financial strain on households, with mounting debt, rising delinquencies, and inflationary pressures due to tariffs contributing to an impending wave of bankruptcies.

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Strategies to Improve Medical Billing Collection Results

PDC Flow

Medical billing collection is a challenging business. Whether you are a debt collection agency, an extended business office, or the accounts receivable department that manages healthcare collections, many struggles are the same. Bad medical collection practices can damage a healthcare facilitys reputation. Bad internal communication can impact medical billing collection results.

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Washington Gov. Signs Medical Debt Credit Reporting Bill Into Law

Account Recovery

Washington Gov. Bob Ferguson yesterday signed a medical debt credit reporting bill into law. Senate Bill 5480 officially prohibits the reporting of medical debt to consumer credit agencies. 🧠 Whats new: The new law will take effect on July 27, and mirrors a now-paused federal rule from the Consumer Financial Protection Bureau. It aims to shield Washington consumers from the long-term financial damage of medical debt by rendering such debt void and unenforceable if it is reported to a cre

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Daily Digest – April 23. Washington Gov. Signs Medical Debt Credit Reporting Bill Into Law; Judge Rules in Favor of Defendant in State Law Claims Over ID Theft

Account Recovery

Washington Gov. Signs Medical Debt Credit Reporting Bill Into Law Judge Rules in Favor of Defendant in State Law Claims Over ID Theft Consumer Interest in Bankruptcy Surges, Signaling Potential Wave of Filings 22 Companies Seeking Collection Talent WORTH NOTING:I’m sure this cheating couple didn’t think this would happen … People aren’t as optimistic about how much money they will make at their new jobs … Resuming collections on student loans could not have come at

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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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22 Companies Seeking Collection Talent

Account Recovery

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant to be a service to aggregate industry job opportunities into one convenient location.