Account Recovery

SEPTEMBER 10, 2024

A recent survey conducted by Patient Rights Advocate reveals that medical debt is seen as a significant issue by an overwhelming majority of Americans heading into the presidential election campaign. The survey, which polled 2,024 likely voters, found that 77% believe medical debt is a major problem, compared with student loans, which was cited as a major problem by 57% of the participants.

Healthcare 162

Healthcare Student loans Student Loans Loans 162

Consumer Finance

SEPTEMBER 10, 2024

The CFPB ordered TD Bank to pay $7.76 million to tens of thousands of victims because of the bank’s illegal actions.

Banks 142

Banks Financial services 142

Account Recovery

SEPTEMBER 10, 2024

BURLINGTON, Mass. (September 10, 2024) – Finvi, a leading provider of enterprise workflow automation software built to accelerate revenue recovery and simplify the payment process for organizations ranging from healthcare providers to outsource collection agencies, announced the general availability (GA) of its SaaS collections and payments platform, Velosidy™ Earlier this year, Finvi launched its Early Adopter program where it worked closely with select clients to fine-tune the platform

Collections 130

Collections Healthcare Accounts Receivables Management Financial Institution 130

Consumer Finance

SEPTEMBER 10, 2024

The CFPB ordered TD Bank to pay $7.76 million to tens of thousands of victims because of the bank’s illegal actions.

Banks 100

Banks Consumer Credit Financial services 100

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.

Account Recovery

SEPTEMBER 10, 2024

In a case where Xerxes Martin of Martin Golden Lyons Watts Morgan represented one of the defendants, a District Court judge in Texas has granted a defendant’s motion to dismiss a Fair Credit Reporting Act case where the plaintiff claimed to be the victim of “reverse identity theft” and denied filing for bankruptcy protection five times, which the credit reporting agencies included in her credit report.

Bankruptcy 130

Bankruptcy 130

Account Recovery

SEPTEMBER 10, 2024

NORFOLK, Va., Sept. 9, 2024 — PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, has named Adrian Murphy as its global chief data and analytics officer, effective Sept. 16. Murphy will report to PRA Group President and CEO Vik Atal and serve as a member of the senior leadership team. He will lead the continued development of cutting-edge analytic solutions to drive business growth. “Adrian has played a leading role in driving the developm

Manufacturing 130

Manufacturing Financial services Financial Institution Banks 130

The Kaplan Group

SEPTEMBER 10, 2024

A new study by The Kaplan Group analyzing Bureau of Labor Statistics (BLS) wage data provides insights into the disparities in salaries across states and occupations within the United States. By examining mean annual salaries, the study identifies the highest-paying states, occupations, and metropolitan areas. Key Takeaways Massachusetts is the state with the highest mean annual salary at $80,330 , while Mississippi lags behind as the only state below $50,000 Management Occupations offers the hi

Healthcare 52

Healthcare 52

Account Recovery

SEPTEMBER 10, 2024

A new study released by Intuit Credit Karma reveals that a large majority of individuals with student loans have not made any payments following the end of the pandemic moratorium and many are worried about their financial stability going forward. Why it matters: As the student loan repayment landscape evolves, debt collectors and financial institutions need to understand borrower challenges to develop effective collection strategies and support financial wellness initiatives.

Student loans 130

Student loans Student Loans Loans Debt collector 130

Collection Industry News

SEPTEMBER 10, 2024

WASHINGTON — The Internal Revenue Service has awarded new contracts to three private-sector collection agencies for collection of overdue tax debts. The new contracts begin Thursday following today’s expiration of the old contracts. Beginning Thursday, Sept. 23, 2021, taxpayers with unpaid tax bills may be contacted by one of the following three agencies: CBE Group, Inc.

Collection Agencies 40

Collection Agencies Collections Agency Collections Fair Debt Collection 40

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

Account Recovery

SEPTEMBER 10, 2024

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 (855) WEB-RECON or email admin@webrecon.net today!

Fair Debt Collection 130

Fair Debt Collection Collections 130

Account Recovery

SEPTEMBER 10, 2024

Collector Accused Violating FDCPA, Reg F by Mis-Stating Settlement Amount of $0.01 Judge Grants MTD in FCRA Case Over ‘Reverse Identity Theft’ Claim 20% of Student Loan Borrowers Making No Payments: Study Healthcare Debt, Pricing Transparency are Big Issues for Consumers, Regardless of Political Affiliation PRA Group Names Adrian Murphy as its Global Chief Data and Analytics Officer WORTH NOTING: Looking at the new features of the iPhone 16 and whether you should upgrade or not … If you do

Student loans 130

Student loans Student Loans Healthcare Banks 130