What is one of the smartest things you can do for your agency?
Completing a self assessment on compliance and data security.
Download and complete this free and comprehensive questionnaire from industry-expert Todd Langusch. Your answers will immediately show you any vulnerabilities your agency may be laboring with.
TECH LOCK Challenge: A Compliance and Data Security Questionnaire
insideARM: Accounts Receivable Management
A joint study from the think tank Urban Institute and debt buyer Encore Capital Group released today reported that more than 35 percent of U.S. adults with a credit report have accounts that qualify to be in some stage of the debt collection system. The average balance of those accounts is $5,178.Read more of today's top story »
Today's News and Opinion
- Executive Change: Mark Savoie to Stoneleigh Recovery Associates as VP July 29, 2014
- 2014 Data Shows Overall Rise in Debt Collection Lawsuits July 29, 2014
- Debt Collection Becoming an Actual Issue in Hot State AG Election July 28, 2014
- Executive Change: Michael Chamberlain Joins Allied Collection Services as EVP July 28, 2014
- Columbia Ultimate Upgrades Its Analytics Solution, UltimateAnalytics 2.0 July 28, 2014
- A Lot Going on at JJL Process July 28, 2014
- Washington Lawsuit Scrutinizes Use of Prosecutor’s Seal on Debt Collection Letters July 25, 2014
- Louisiana Developing Office of Debt Recovery Through Private-Public Partnership July 25, 2014
- Executive Change: CFPB Enforcement Attorney Appointed Affirm Chief Compliance Officer July 25, 2014
- ACA International Announces 2014-2015 Board of Directors and Officers July 24, 2014
Collection Industry Blogs
On July 14, the Consumer Financial Protection Bureau filed a lawsuit against Frederick J. Hanna & Associates, a debt collection law firm that it redefined as a “lawsuit mill.” The CFPB alleges that the firm churned out hundreds of thousands of debt collection lawsuits with little or no oversight from attorneys, and violated the FDCPA in the process. In short: Lawyers aren’t happy. What kind of precedent do you think this sets?