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Debt Recovery

Debt recovery typically refers to internal efforts at creditors to collect outstanding debt, similar to accounts receivable management. Most of the collection effort is conducted prior to a debt being charged off. Debt recovery is also used interchangeably with “debt collection” in many countries, notably India and those in Asia and Africa.

Opinion on Red Keyboard Button.

As House Approaches Vote (Again) on Private Debt Collection for IRS, Members Should Consider This

I read an article last week on The Hill website that concerned me. It was by Chi Chi Wu, a staff attorney for NCLC, and argues that Congress should (again) dismiss the idea of the IRS using private debt collectors. I suspect this publication is widely read by those House members and staffers who will influence this vote. They are clearly getting only one side of the story.


CFPB Orders Indirect Auto Finance Company to Pay $48.3M in Relief and Penalties for Illegal Debt Collection Tactics

The CFPB announced this afternoon an enforcement action against an indirect auto finance company and its auto title lending subsidiary for pressuring borrowers using illegal debt collection tactics. The following is the full text of the CFPB press release on the matter. If these allegations are true, this is your textbook example of “bad apple.”

Study Guide

New Academic Paper Urges CFPB to Carefully Consider Impact of Potential New Debt Collection Regulations

George Mason University Foundation Professor of Law and Senior Scholar of the Mercatus Center Todd J. Zywicki has published a Working Paper entitled “The Law and Economics of Consumer Debt Collection and Its Regulation.” The 69-page paper concludes that new government restrictions on debt collection may very well burden consumers. Zywicki starts with the premise […]


DBA International Commends George Mason University for Report on the Law and Economics of Consumer Debt Collection and its Regulation

SACRAMENTO, Calif. – A new study conducted by Professor Todd Zywicki of the Mercatus Center at George Mason University indicated that careful evaluation of the current regulatory environment was necessary to ensure that the debt collection and debt buying industries continued to fulfill their critical role in the economy. The study also found as the […]


Three Ways Data Offers Businesses the Ultimate Insurance Policy

We’ve all heard of car insurance, home insurance, renter’s insurance, health and dental insurance, business insurance, malpractice insurance and yes, even pet insurance!  But how about data insurance? Our customers have stated that 15-20 percent of a collection agency’s bottom-line goes toward the cost of compliance.  Here’s something new to think about: If you currently […]

Abstract global technology background

Stellar Recovery, Inc. Selected as One of Jacksonville Business Journal’s 2015 BizTech Award Honorees.

Stellar Recovery, Inc. has been awarded the prestigious Jacksonville Business Journal’s 2015 BizTech Award for Collaboration.  This award honors those who have set the bar in developing, utilizing and leading when it comes to the use of technology in their own company and with their business partners. A total of 17 honorees are being lauded for their […]


Encore Enters Settlement Agreement with CFPB – Company Position

SAN DIEGO — Encore Capital Group, Inc. (Encore), an international specialty finance company (NASDAQ: ECPG), today announced it has entered into a settlement agreement with the Consumer Financial Protection Bureau (CFPB). The settlement includes a civil payment and consumer refunds connected to two isolated issues, which are not current practice and were changed some time ago. […]