Sat.Dec 18, 2021 - Fri.Dec 24, 2021

Debt collections in 2022-important factors to be aware of

American Profit

Improving your cash flow and understanding how debt collections fit into your business should be an important part of how you operate in 2022.

Business Insolvencies hit highest level since Pandemic began

UK debt collections

The Latest figures released from the Insolvency Service make stark reading. The figures show that the number of businesses in England and Wales that have collapsed due to insolvency rose by 18.7% in November 2021 to a total of 1,674 compared to October 2021’s total of 1,410.


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Trending Sources

Data Details Disturbing Trend For Healthcare Providers

Account Recovery

One-fifth of individuals would rather go to the DMV than try to pay their medical bills online, according to the results of a survey conducted by VisitPay, which have been published in a media report.

Four ways it pays to invest in your community


Tackling the world's problems, especially when we hear news reports of overseas strife or natural disasters, feels daunting when trying to know how one person can make a difference.


How Preparation and Strategy Can Be Used to Fight and Defeat Any Ransomware Attack

Speaker: Karl Camilleri, Cloud Services Product Manager at phoenixNAP

Through a detailed analysis of major attacks and their consequences, Karl Camilleri, Cloud Services Product Manager at phoenixNAP, will discuss the state of ransomware and future predictions, as well as provide best practices for attack prevention and recovery.

Ticklish: How to Build a Content Calendar for Your Law Firm

NCBA Law Practice Management Blog

The hardest thing about sticking to a law firm marketing strategy is. well, sticking to it. It’s all about consistency; and, most law firms will fail in that regard – instead producing content in fits and starts, without ever getting into a groove.

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A Thank You, From Me To You

Account Recovery

Barring some big new next week, yesterday I hosted what will likely be the last webinar of 2021. Yesterday’s webinar was the 264th live event I hosted this year — counting webinars, episodes of The Talk-Off, and webinars hosted for state collectors’ associations.


17 joys in life that are totally free


Too often, saving money feels like work. It's all about giving things up and being more responsible. It doesn't have to be all dull planning and sacrifice. You can be frugal and manage to appreciate the good stuff in life at the same time. Community


CFPB Shutters Lending by VC-Backed Fintech for Violating Agency Order

Consumer Finance

Today, the Consumer Financial Protection Bureau (CFPB) announced that LendUp Loans has agreed to halt making any new loans and collecting on certain outstanding loans, as well as to pay a penalty, to resolve a September 2021 lawsuit alleging that it continued to engage in illegal and deceptive marketing in violation of a 2016 CFPB order.

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OSHA COVID-19 Vaccine Mandate Stay Lifted: What Private Employers Need to Do to Comply

Jimerson Firm

On November 5, 2021, the Occupational Safety and Health Administration (“OSHA”) published 29 C.F.R.

Mandatory COVID Vaccination Policy Template

The federal government is developing a rule requiring employers with more than 100 employees ensure their workers are vaccinated or produce a negative COVID test weekly before entering the workplace. So, what can your organization do to prepare? Get Paycor’s COVID Vaccination Policy Template to help communicate important details to your employees.

FDCPA Suit Over Text Messages Includes Reference to Reg F

Account Recovery

Before uncovering what is believed to be the first lawsuit alleging a debt collector violated Regulation F, I came across another complaint which references the debt collection rule, but, in this case, the alleged illegal activity took place before the rule went into effect.

Travel Diaries: How I Took a Luxury Vacay to Arizona on Points

Nerd Wallet

Hotel free night certificates can be one of the best perks imaginable on a hotel credit card. Depending on the hotel you pick and the night you stay, their value alone can often far outweigh the card’s annual fee. I had three of these golden tickets in my hands — all expiring at the end.


An In Debt Discussion: Technology, Compliance and Payments Made Easy

PDC Flow

Are you looking for a way to better leverage your technology options to create a better consumer connection experience in accounts receivable? The new podcast “ An In Debt Discussion ,” hosted by Jacqueline H. Waller, covers this and more with a new guest and topic each episode.

Owners Corporations in Victoria – Update

Debt Recoveries

By Mohammad Khashefi LLB (Hons). Owners corporations and insurers in Victoria and whoever was waiting for the changes to section 18 of the Owners Corporation Act 2006 (Vic), section 18 of the Act is now changed! There is no longer a requirement for a special resolution to be passed for owners corporations to be able to commence legal proceedings in the Magistrates Court.

Appeals Court Affirms Dismissal of FCRA Suit Over No-Longer-Disputed Debt

Account Recovery

This is a case that should look familiar to anyone who has ever played a game of telephone and learned why firsthand if you need to pass on a message, it’s best delivered to the source, instead of an intermediary.


Why a 401(k) Rollover to an IRA Could Be a Mistake

Nerd Wallet

This article provides information for educational purposes. NerdWallet does not offer advisory or brokerage services, nor does it recommend specific investments, including stocks, securities or cryptocurrencies.

Pros and Cons of Debt Consolidation Loans

Better Credit Blog

Having one debt to pay off is stressful enough as it is. But it’s a much bigger headache if you owe debts to multiple places, as your odds of forgetting a payment will increase, and the varying interest rates between the different debts can end up taking a bite out of your wallet.

Creditors Barred from Asserting $53 Million Claim: A Look at the Excusable Neglect Standard


Another case shows the perils of waiting until the final minutes to meet a court deadline. In re U-Haul, 21-bk-20140, 2021 Bankr LEXIS 3373 (Bankr. 10, 2021 ). The debtor is a well-known truck rental company. Years before the debtor filed for bankruptcy, a class action lawsuit was filed against it.

Collector Accused of Violating Reg F in FDCPA Lawsuit

Account Recovery

It only took 10 days after going into effect, but it appears as though one of the first lawsuits referencing Regulation F has been filed against a company in the accounts receivable management industry.

Small-Business Owners Share 6 Tips for Using Instagram

Nerd Wallet

There are reasons to resent social media — for one, it can be infuriatingly addictive and potentially isolating. But like anything else in today’s social landscape, it’s a two-sided coin.


International Debt hits record $226 Trillion

UK debt collections

International debt rose to a record $226 trillion in 2020 as the world economy was blasted by the unrelenting Covid-19 pandemic. The pandemic caused massive economic waves around the world and is responsible for a deep recession according to the International Monetary Fund (IMF).

Report Shows Steady Growth for Global Trade Finance from 2021-2026


After experiencing moderate growth from 2015-2020, the global trade finance market is projected to grow by 3.7% from 2021-2026, according to IMARC's latest report, Trade Finance Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026.

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Appeals Court Affirms Summary Judgment for Collector in FCRA Case

Account Recovery

Spider-Man, Matrix: How to Save on Movie Tickets

Nerd Wallet

“Spider-Man: No Way Home” debuted in theaters last weekend to a huge box office win.


Insolvency Industry regulation changes to be made

UK debt collections

The Government has set out new proposals to reform and simplify regulation of the insolvency sector. The new consultation is inviting views on creating a single regulator for Insolvency Practitioners and extending regulation to firms that offer insolvency services.

CFPB and DOJ Put Landlords and Mortgage Servicers on Notice About Servicemembers’ and Veterans’ Rights

Consumer Finance

The Consumer Financial Protection Bureau (CFPB) and U.S. Department of Justice (DOJ) issued two joint letters today regarding important legal housing protections for military families. Press release Mortgage servicing Servicemember Civil Relief Act Servicemembers


Daily Digest – December 23. Getting to Know Scott Tacke of Kansas Counselors; Appeals Court Affirms Summary Judgment in FCRA Case

Account Recovery

GETTING TO KNOW SCOTT TACKE OF KANSAS COUNSELORS Scott Tacke wants you to know that compliance officers can be funny.

Get Skills — Not Bills — at an Unpaid Internship

Nerd Wallet

Every summer, students flood offices as unpaid interns, soaking up knowledge and seeking positive references as they take lunch orders and organize storage closets. But this reliance on unpaid work leaves behind students who can’t afford to work for free.


Energy giant probe into ‘aggressive’ debt collection tactics

UK debt collections

An inside whistleblower who contracts to energy giant Scottish Power has claimed Call Agents are being told to threaten customers with Debt Collection enforcement. The man is purported to be an employee from a company that Scottish Power outsources call handling to on the west coast of Scotland.

Filing For Bankruptcy: How To Declare Bankruptcy in England

Hudson Weir

If you want or need to know how to declare bankruptcy in England, we can walk you through the process step by step. The first thing to note is that in England, technically bankruptcy should only apply to individuals or partners, rather than companies.