2020

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Can a Debt Collector Collect After 10 Years?

Credit Corp

Whether you have medical debt, credit card debt or unpaid student loans , getting calls or letters from debt collection companies can be frustrating. But it’s especially frustrating if your debt is several years old.

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Pitfalls on the Path to Digital Debt Collection

True Accord

Banks are accelerating their adoption of new digital debt collection tools in anticipation of a “tidal wave of consumer debt issues” when government stimulus programs end and financial institutions stop offering forbearance and loan deferral options.

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How to Pay Collections

Credit Corp

When you’re trying to conquer unpaid debts sent to collections, you’ll likely face some obstacles. Two of the most common are coming up with enough money to pay off the debt and negotiating a payment plan or settlement you can afford.

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Transform Your Patient Collections with Technology

PDC Flow

When it comes to the technology used to manage accounts receivable , healthcare and medical billing offices lag behind many other industries. Concerns over things like HIPAA compliance and software integration have stalled software adoption – but it shouldn’t.

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Connect, Care, Convert: Secrets to Establishing Trust with Niche Markets and Turning Them Into Clients

Speaker: Lynnette Khalfani-Cox, The Money Coach®

Lynnette Khalfani-Cox, The Money Coach, is here to give you insights into the consumer mindset along with proven strategies for nurturing trust and client-building in underserved markets.

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Can a Collection Agency Report to the Credit Bureau Without Notifying You?

Credit Corp

If you or someone you know has dealt with a collection agency, you know how trying it can be. Debt collection agencies have a long history of harassment and illegal practices. Can a collection agency report to a credit bureau without notifying you? The answer might not be that simple.

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Hiring the right collection agency has its advantages

American Profit

In the not too distant past, a business that hired a collection agency was doing so as a last resort. They had customers that were not paying, they called, sent letters, and decided that the only thing they could do was to get rid of that customer and send them to collections.

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Debt Collections for SaaS Clients

Enterprise Recovery

The internet allows for businesses to sell the use of software (and hardware) and revenue is collected either yearly or monthly as a subscription service. The as-a-service or subscription business model is sustainable as long as payments are received.

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Daily Digest – December 30. Ninth Circuit Affirms Ruling for CFPB’ Judge Grants Certification in FDCPA Class Action

Account Recovery

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Judge Grants Certification in FDCPA Class Action Over Reference to ‘Civil Action’ in Letter

Account Recovery

A District Court judge in Wisconsin has certified a class in a case against a collection agency accused of violating the Fair Debt Collection Practices Act by saying it “may” commence a civil action if the debt was not paid even though it had no intention of doing so.

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Successful Change Management with Enterprise Risk Management

Speaker: William Hord, Vice President of ERM Services

Join us as we discuss the various tangents of data and the change management process that will help you make better risk-based business decisions to save time and money for your organization.

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Compliance Digest – December 28

Account Recovery

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics.

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CBE To Open Call Center in Tennessee, Will Hire 500 Employees

Account Recovery

The CBE Group is taking over a call center that used to be used by Convergys is Clarksville, Tenn., and plans to create 500 new jobs in the area, according to published reports.

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Sixth Circuit Reverses Ruling in FDCPA Envelope Case

Account Recovery

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Daily Digest – December 18. D.C. Judge Strikes Eviction Filing Ban; Pa. AG Bans Student Loan Debt Relief Company

Account Recovery

JUDGE STRIKES DOWN PROHIBITION AGAINST EVICTION FILINGS A Superior Court judge in Washington, D.C., yesterday struck down a ban on landlords filing new eviction cases as unconstitutional, saying that property owners are entitled to go to court to regain possession of what is theirs.

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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.

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D.C. Judge Strikes Down Prohibition Against Eviction Filings

Account Recovery

A Superior Court judge in Washington, D.C., yesterday struck down a ban on landlords filing new eviction cases as unconstitutional, saying that property owners are entitled to go to court to regain possession of what is theirs.

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Lawsuit Totals Mostly Down, But Complaints Stay Up: WebRecon

Account Recovery

Consumers are filing fewer lawsuits, but are filing more complaints, according to data released yesterday by WebRecon. It will be interesting to keep an eye on that lawsuit total and see if the relatively significant increase in complaints leads to a similar increase in lawsuits in the coming months.

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CFPB Releases Part II of Debt Collection Rule Covering Validation Notices, Time-Barred Debt

Account Recovery

The Consumer Financial Protection Bureau today released Part II of its debt collection rule, providing guidance on sending validation notices and disclosures related to collecting time-barred debt. The rule, all 354 pages of it, can be accessed by clicking here.

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What I love about my job is helping others

American Profit

By Tracey: I have been through many changes in my life and never for one minute would I have thought I would change careers and become a collection specialist. In January I took a great leap of faith and was offered a job at American Profit Recovery. I feel it was the best thing I ever did.

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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.

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Use an Accounts Receivable Collections Policy to Get Paid on Time

Enterprise Recovery

Does your business suffer from late paying customers? Are you a flying-by-the-seat-of-your-pants A/R department of one? Do your clients get away with paying your business late or not at all without any consequences?

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Pa. AG Bans Student Loan Debt Relief Company

Account Recovery

The Attorney General of Pennsylvania has stopped a company offering student loan debt relief services from operating in the state, forced it to repay $74,000 to individuals who were scammed, and pay a $50,000 fine as part of an announced settlement.

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Daily Digest – December 17. Getting to Know Steven Kusic of NRA Group; The ROI That Training Can Offer a Collection Agency

Account Recovery

GETTING TO KNOW STEVEN KUSIC OF NRA GROUP Steven Kusic is likely the first Isaac Newton-reading tax specialist who has participated in the “Getting to Know” series, but that is just the tip of the iceberg for the CEO of NRA Group.

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Supreme Court to Hear Arguments in FCRA Class Action Over Standing

Account Recovery

The Supreme Court yesterday agreed to hear arguments in a Fair Credit Reporting Act case that will answer the question of whether every member of a class must have Article III standing in order to recover damages, which could significantly impact the future of class actions across the country, according to legal experts.

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Appeals Court Issues Four More Rulings on Lack of Standing

Account Recovery

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Daily Digest – December 16. Appeals Court Issues Four More Rulings on Lack of Standing; Tips to Help Train New, Existing Collectors

Account Recovery

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Breaking Down the ‘Know or Should Know’ Requirement of the CFPB’s Debt Collection Rule

Account Recovery

Debt collectors, for as long as the Fair Debt Collection Practices Act has been in effect, have had rules about when it is ok and when it is not ok to speak with consumers.

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Congress Announces Consensus to End Surprise Medical Bills

Account Recovery

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Appeals Court Vacates Judgment for Plaintiff in FDCPA Case

Account Recovery

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California AG Issues New Modifications to CCPA

Account Recovery

The Attorney General of California has unveiled a new set of modifications to the California Consumer Privacy Act (CCPA), including the requirement that companies add an opt-out button on their websites giving individuals the opportunity to opt out of having their personal information sold to third parties.

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