Sat.May 10, 2025 - Fri.May 16, 2025

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What professional debt collectors want you to know about how they handle your accounts

American Profit Recovery

Debt collectors have an enormous responsibility to every business they represent. On the one hand, a business hires a collection agency to collect from customers that have not paid them. And on the other hand, it’s important to understand that keeping your customers is of equal importance. Hiring a third-party collection agency is a big step for many businesses.

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N.J. Appeals Court Affirms Dismissal of Case Over Alleged Licensing Violations

Account Recovery

In a case that was defended by Rick Perr and Monica Littman of Kaufman Dolowich, a New Jersey Appeals Court has affirmed a lower court’s dismissal of a case accusing a collection operation of violating the New Jersey Consumer Finance Licensing Act and the Fair Debt Collection Practices Act, agreeing with the state court judge that the NJCFLA does not allow for a private right of action.

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In-House Debt Collection Training

Burt and Associates

    When In-House Debt Collection Training Isn’t Enough: Knowing When to Call a Commercial Collection Agency By Burt and Associates Commercial Debt Collection Table of Contents Why Training In-House Collection Staff Matters What to Include in Your Collector Training Program Red Flags That It’s Time to Escalate Benefits of Working with a Commercial Collection Agency How to Transition a Debt to a Professional Agency Final Thoughts   Why Training In-House Collection Sta

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Medical Sector Suppliers collapses after 41 years trading

UK debt collections

A well known Medical Gas Suppliers company has ceased trading after plunging into administration after 41 years. Blair Milne and James Fennessey, partners with Azets, have been appointed joint administrators of medicinal gas pipeline installation and servicing specialist, Hospital Pipeline Installations Limited (HPI). Founded over 40 years ago in 1984,and headquartered on Duke Street inPaisley, Renfrewshire, with an additional office in Rochdale, England, HPI was a leading designer and installer

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

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.

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Are You a Consumer Struggling with Debt? Take Control with These Proven Strategies

American Profit Recovery

If you are a consumer struggling with ongoing debt and a mountain of unpaid bills, please know there is hope. There are effective ways to tackle the stress of debt. If you have decided that enough is enough and you are ready to be disciplined and become financially healthy, sometimes some simple and consistent strategies can make a big difference in your life.

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Driving Life & Health Overpayment Recovery: Eric Reiman Expands Leadership Role at Brown & Joseph

Brown and Joseph

Brown & Joseph is thrilled to have Eric Reiman, Vice President of Business Development, taking on an active role collaborating with Life & Health department… The post Driving Life & Health Overpayment Recovery: Eric Reiman Expands Leadership Role at Brown & Joseph appeared first on Brown & Joseph, LLC.

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The benefit of real estate attachments.

Collections Law

At the Law Offices of Alan M. Cohen & Associates LLC, we understand the frustration business owners face when clients don’t pay. With over 60 years of combined experience, our commercial collections lawyers have fought tirelessly to recover debts for businesses throughout Massachusetts. We are aggressive, relentless and ethical in our pursuit of your money.

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How to Improve Your Credit Age

Credit Corp

How do I improve my credit age? Your credit age accounts for about 15% of your credit score. Keep old accounts open and limit new applications to maintain a good average account age. Improving credit age and credit history is one step toward enhancing your overall financial health. Its important to show lenders that you have experience managing credit responsibly.

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Student Loan Default Spike Leads to ‘Grave’ Consequences for Consumers: NY Fed

Account Recovery

The Federal Reserve Bank of New Yorks Quarterly Report on Household Debt and Credit for Q1 2025 reveals an increase in total household debt, now surpassing $18 trillion. While other debts saw slight reductions, a significant rise in student loan delinquencies signals an emerging concern. The resumption of delinquent student loan reporting after a pandemic hiatus has led to a sharp increase in the number of borrowers facing serious payment issues.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

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.

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84 Critical Tariff Statistics Impacting Americans (2025)

The Kaplan Group

Tariffs are once again at the center of U.S. trade policy. Under President Trumps current term, sweeping new tariffs have been announced, adding to the duties that remained from the last trade war. This roundup covers 50+ key statistics on U.S. tariffs and trade developments from 2023 to 2025including whats changed, whos paying, and how its affecting the broader economy.

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Is your debtor hiding behind real estate? Don’t let them.

Collections Law

At the Law Offices of Alan M. Cohen & Associates LLC, we understand the frustration business owners face when clients don’t pay. With over 60 years of combined experience, our commercial collections lawyers have fought tirelessly to recover debts for businesses throughout Massachusetts. We are aggressive, relentless and ethical in our pursuit of your money.

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Trump administration to garnish wages of 5.3 million defaulted student loan borrowers this summer

Collection Industry News

The Trump administrationresumed collection effortson defaulted student loans Monday after a roughly five-year hiatus andaffected borrowerscould begin feeling the financial consequences sooner than experts expected. The U.S. Department of Educationreleased new detailson what actions it plans to take, when. Heres what to know. Federal benefits could be garnished by June The Education Department said it began this week alerting around 195,000 student loan borrowers in default that their federal be

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Bankruptcy Court Blocks Collection Efforts on Discharged Student Loans

Account Recovery

A Bankruptcy Court judge in New York has granted a plaintiff’s motion for a preliminary injunction that will block the collection efforts on thousands of student loans that individuals allege were discharged in bankruptcy, ruling that there was no legal interest in continuing to collect on these debts. Judge Elizabeth S. Stong, of the Bankruptcy Court for the Eastern District of New York, issued the ruling last week.

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Agent Tooling: Connecting AI to Your Tools, Systems & Data

Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.

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Daily Digest – May 14. California Appeals Court Vacates Rulings in Favor of Debt Buyer; CFPB Proposes Scrapping Registry of Nonbank Offenders

Account Recovery

California Appeals Court Vacates Rulings in Favor of Debt Buyer CFPB Proposes Scrapping Registry of Nonbank Offenders Student Loan Default Spike Leads to Grave Consequences for Consumers: NY Fed 23 Companies Seeking Collection Talent WORTH NOTING:40% of dog owners say their pet’s health is more important than their own … How someone with a life-threatening food allergy packs when she travels … Egg prices have declined for the first time in months … The one word that can b

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Daily Digest – May 12. Consumer Groups Granted Role in Legal Battle Over CFPB Medical Debt Rule; McKernan Tapped for Treasury Post Instead

Account Recovery

Administration Shifts Gears: CFPB Nominee McKernan Tapped for Treasury Post Instead CFPB Withdraws Massive Amount of Previously Issued Guidance Consumer Groups Granted Role in Legal Battle Over CFPB Medical Debt Rule N.J. Appeals Court Rules Debt Adjustment Law Unconstitutional for Lawyers N.J. Appeals Court Affirms Dismissal of Case Over Alleged Licensing Violations WORTH NOTING:Inflation is changing the way that we eat … A new rule from the Federal Trade Commission on unfair and deceptiv

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23 Companies Seeking Collection Talent

Account Recovery

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant to be a service to aggregate industry job opportunities into one convenient location.

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Judge Dismisses FCRA, FDCPA Case From Serial Filer Over ‘Untrue’ Allegations in IFP Motion

Account Recovery

In a case that was defendant by Lippes Mathias, a serial plaintiff who has filed nearly two dozen lawsuits against financial services companies and debt collection operations has had a lawsuit he filed alleging violations of the Fair Credit Reporting Act and Fair Debt Collection Practices Act dismissed because the allegation he made that he was in poverty when seeking to proceed with the case and not pay the usual filing fees was untrue, a District Court judge in California has ruled.

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Future-Proof Your Firm: Smarter Tech for Stronger Returns & Simpler Workflows

Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!

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Compliance Digest – May 13

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. And Our New BLG360 Program Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

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Consumer Groups Granted Role in Legal Battle Over CFPB Medical Debt Rule

Account Recovery

A federal judge has approved a motion allowing two individuals and two consumer advocacy organizations to intervene in the legal fight over the Consumer Financial Protection Bureaus rule banning medical debt from consumer credit reports. Why it matters: The intervention ensures continued legal defense of the rule after the CFPB, under new leadership, reversed course and asked the court to vacate the regulation.

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Daily Digest – May 13. Collector Facing FDCPA Class Action for Failing to Include Expiration Date in Settlement Offer; Judge Dismisses FCRA, FDCPA Case From Serial Filer Over ‘Untrue’ Allegations in IFP Motion

Account Recovery

Collector Facing FDCPA Class Action for Failing to Include Expiration Date in Settlement Offer Judge Dismisses FCRA, FDCPA Case From Serial Filer Over Untrue Allegations in IFP Motion Bankruptcy Court Blocks Collection Efforts on Discharged Student Loans Compliance Digest May 13 WORTH NOTING:Turns out that where you live has a big impact on how long you live … Employers seem to have gained the upper hand from employees, thanks to technology like AI … Apparently people love humidity

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Collector Facing FDCPA Class Action for Failing to Include Expiration Date in Settlement Offer

Account Recovery

EDITORS 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!

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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CFPB Pulls Plug on Data Broker Rule

Account Recovery

The Consumer Financial Protection Bureau announced yesterday that it is officially withdrawing its proposed rule that would have brought data brokers under the scope of the Fair Credit Reporting Act. The rule, originally proposed in December 2024 under then-Director Rohit Chopra, aimed to reclassify data brokers as consumer reporting agencies and impose stricter standards on the use and sale of sensitive personal information.

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Pennsylvania Court Affirms Remote Testimony in Debt Collection Dispute

Account Recovery

A Pennsylvania Appeals Court has affirmed a lower court’s ruling in favor of a creditor that sued a consumer over an unpaid credit card bill, where the trial court allowed a witness to testify remotely. The background: The case stems from a debt collection dispute between a major creditor and a consumer who failed to pay off her credit card balance.

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Daily Digest – May 15. Getting to Know Cheryl Spanier of Medical Data Systems; Florida Updates Collection Law to Allow Overnight Emails to Consumers

Account Recovery

Getting to Know Cheryl Spanier of Medical Data Systems Florida Updates Collection Law to Allow Overnight Emails to Consumers Pennsylvania Court Affirms Remote Testimony in Debt Collection Dispute CFPB Pulls Plug on Data Broker Rule WORTH NOTING:The origin story of the word “radar” … For those of you looking for marriage advice from John Cena … The best credit cards to maximize rewards … More people are planning to go on vacation this summer than last year, in what c

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Getting to Know Cheryl Spanier of Medical Data Systems

Account Recovery

I am thrilled to announce that the Getting to Know series will be sponsored by TEC Services Group in 2024. TEC Services Group is the leading technology and professional services firm in the credit collections industry offering both leading industry solutions along with unrivaled, unbiased, and experienced support. TEC is now extending its services by offering proven, industry-leading technology solutions alongside of our Professional Services to help Clients feel confident in their technology de

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Operational Strength Starts with People: The New Rules of Finance Leadership

Speaker: Melissa Hurrington

What’s holding finance teams back isn’t just process inefficiency. It’s culture gaps, reactive mindsets, and missed opportunities to lead real change. In an era of disruption, finance leaders can no longer afford to operate on autopilot and the most resilient teams aren’t just efficient—they’re connected, talent driven, and culture-focused. Join Melissa Hurrington for an exploration into how finance leaders can evolve beyond process and numbers to create adaptive, people-powered teams that thriv