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Cleveland Becomes Latest Government to Tackle Medical Debt Burdens for its Residents

Account Recovery

The city council of Cleveland, Ohio last night approved legislation that will earmark nearly $2 million to purchase and forgive up to $190 million in unpaid medical debts for city residents, becoming the latest government entity to take measures aimed at lessening the medical debt burdens for its residents.

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Local Government Considers Ordinance to Buy, Forgive Residents’ Unpaid Medical Debts

Account Recovery

For what is believed to be the first time, a local government is looking to buy up the unpaid medical debts of tens of thousands of its citizens so the debts can be written off and forgiven.

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Appeals Court Rules Against Federal Government in FDCPA Case

Account Recovery

There are limits to what the Fair Debt Collection Practices Act can be used for, and even the federal government is not immune to learning those lessons.

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Government is Making Debt Recovery a lot Harder

Nexa Collect

The US government has thrown a slew of laws on collection agencies, making bad-debt recovery harder and costlier. Our government’s intention behind these laws is not wrong, but the ground reality is different. . Lower recoveries mean, low recoveries and extensive loss for businesses and doctors.

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ERM Program Fundamentals for Success in the Banking Industry

Speaker: William Hord, Senior VP of Risk & Professional Services

He will also dive into topic definitions, governance structures, and framework components for success. This exclusive webinar with William Hord, Senior VP of Risk & Professional Services, will explore the answers to these questions and other foundational elements you need to start or validate your ERM program. Register today!

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Local Governments Scrambling to Protect Residents as Moratoriums End; N.M. Announces Phased Restart to Garnishments

Account Recovery

Local governments began scrambling yesterday to try and implement protections for consumers who might be facing eviction or foreclosure as moratoriums that were put into place at the start of the COVID-19 pandemic are now expiring. Announces Phased Restart to Garnishments appeared first on AccountsRecovery.net.

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Daily Digest – May 4. Hunstein-Related Class Actions Continue Piling Up; Cordray Back in Federal Government

Account Recovery

Hunstein-Related Class Actions Continue Piling Up; Cordray Back in Federal Government appeared first on AccountsRecovery.net. Preferred Collection and Management Services. There have been … The post Daily Digest – May 4.