Account Recovery

NOVEMBER 2, 2021

A District Court judge in New Jersey has granted a defendant’s motion to dismiss a class action Fair Debt Collection Practices Act case over language related to furnishing information about an unpaid debt to a credit reporting agency in a collection letter. A copy of the ruling in the case of Knight v.

Fair Debt Collection 246

Fair Debt Collection Collections 246

Nexa Collect

AUGUST 29, 2020

Dental offices, particularly those that handle high-dollar orthodontics, often face difficulties with their accounts receivable (AR) management. AR is the portion of bills to patients and insurance companies that are outstanding. The longer AR sits, the less recoverable it becomes. The Best Medicine is Preventative.

Healthcare 130

Healthcare Collections Collection Agencies Collections Agency 130

PDC Flow

SEPTEMBER 1, 2020

Just as in any other industry, good website design is now a must in AR. More consumers are using digital means of communication than ever before. Written record of conversations - In AR, following compliance is the key to a healthy business. Positive language - Speaking to consumers through chat can be challenging.

Revenue Agent 98

Revenue Agent Collections 98

Troutman Sanders

NOVEMBER 11, 2021

In its holding, the court emphasized that where there are multiple interpretations of language in a collection letter, neither of which are inaccurate and which reflect an outcome that could come to pass, the language is not false, misleading, or deceptive under the FDCPA. In Knight v.

Fair Debt Collection 52

Fair Debt Collection Debtor Collections 52

Consumer Financial Services Law

JULY 14, 2017

A recent opinion from the Fifth Circuit should serve as a reminder to debt collectors that their duties as to disputed debts are not governed solely by section 1692g. Advanced Recovery Systems , Advanced Recovery Systems (“ARS”) sent debt validation notices pursuant to section 1692g to the plaintiff regarding two debts. In Sayles v.

Debt collector 40

Debt collector Government 40

PDC Flow

NOVEMBER 24, 2020

Positive language - Positive language is a vital part of any accounts receivable call. Cutting negative language from conversations will automatically make consumers more receptive to a better payment arrangement. Those owing money (especially once a bill is overdue) may find it difficult to focus on resolution. Call Scripts.

Healthcare 92

Healthcare Collections Trade 92

CICM

NOVEMBER 6, 2023

Accounting is the language of business. Accounts Receivable (AR) Automation is a prime example of accounting’s significance. What is Accounting and why is it important? It provides a systematic process for recording, summarising, analysing, and reporting financial transactions.

Credit Management 52

Credit Management Creditworthiness Collections 52