Blog

Oct 6 2016 10, 2016

New FCC Regulations Outlaw Auto-Dialers

By | 2017-02-12T14:41:01+00:00 October 6th, 2016|Blog|0 Comments

In August of this year, the Federal Communications Commission released new regulations that prevent debt collection agencies from using auto-dialers in order to contact debtors who are behind on their payments. While this initially sent shockwaves through the collection community, we believe that the lasting impact will be far less than many initially feared. You [...]

Sep 28 2016 09, 2016

Debt Collection in Switzerland

By | 2017-02-12T14:41:01+00:00 September 28th, 2016|Press|0 Comments

The country of Switzerland is best known around the world for being a neutral country. It has not taken a side in any foreign conflict since it became neutral in 1815, which makes it a very safe place in the eyes of both residents and investors. And that neutrality carries over into the way that [...]

Sep 22 2016 09, 2016

Common Misconceptions About the Fair Debt Collection Practices Act

By | 2017-02-12T14:41:01+00:00 September 22nd, 2016|Press|0 Comments

Over the past decade, there has been a remarkable rise in blogs and websites that focus on helping consumers get themselves out of debt, improve their credit scores, and establish a sense of financial stability in their lives. But as with any good thing on the internet, there is also a lot of misinformation being [...]

Sep 16 2016 09, 2016

The Downside of Credit and Collection Reform

By | 2017-02-12T14:41:01+00:00 September 16th, 2016|Press|0 Comments

A recent Buzzfeed article reported that the federal government is considering a proposal to drastically increase the regulations on the consumer debt collection industry. These new regulations would make it exponentially more difficult for collectors to contact debtors with delinquent balances. The idea of making it harder for collectors to get ahold of consumers is [...]

Sep 5 2016 09, 2016

Debt Collection in the Philippines

By | 2016-08-15T12:27:38+00:00 September 5th, 2016|Press|0 Comments

Dealing with any type of international debt collection is always going to be a tricky matter. No matter what country you are talking about, there are going to be a host of different rules and regulations that you are going to be expected to follow in order to conduct your collection in an appropriate manner. [...]

Aug 29 2016 08, 2016

Six Ways That Debtors Delay Payments…And How to Handle Them

By | 2017-02-12T14:41:01+00:00 August 29th, 2016|Press|0 Comments

Dealing with delinquent debtors is becoming more and more common in today’s business environment. While none of us look forward to handling these trouble accounts, we also don’t have a choice in most instances. The whole world operates on credit, and sometimes we make mistakes and offer that credit to the wrong people. Once you [...]

Aug 22 2016 08, 2016

Geographically Speaking: Debt Collection Rates By State

By | 2017-02-12T14:41:01+00:00 August 22nd, 2016|Press|0 Comments

They say that you are the average of the five people that you spend the most time with. They also say that attempting to keep up with “The Joneses” is a sure way to end up in the poor house. A recent study into debt collection by The Urban Institute has found that both of [...]

Aug 15 2016 08, 2016

Debt Collection in Virginia

By | 2017-02-12T14:41:01+00:00 August 15th, 2016|Press|0 Comments

One of the things that makes the debt collection industry extremely complicated is the fact that anyone attempting to collect an outstanding debt must play by the rules of the country where the debtor resides, and here in the United States they also have to contend with each and every state’s individual laws regarding debt [...]

Aug 7 2016 08, 2016

Case Studies: How Timing Can Impact Debt Collection

By | 2017-02-12T14:41:01+00:00 August 7th, 2016|Press|0 Comments

Timing is everything in the world of commercial debt collection. In just a blink of an eye, people who have been your best customers for years can go from having excellent credit to nearly bankrupt. And the only way to prevent your business from suffering the consequences is to act early, and to make sure [...]

Jul 17 2016 07, 2016

From a Collections Perspective: The Difference Between 401(k) and IRA

By | 2017-05-09T14:46:47+00:00 July 17th, 2016|Blog|0 Comments

In situations where collection accounts get to the point of bankruptcy, each of a debtor’s individual assets will have a unique set of rules that defines whether or not they are available to settle past debts. Whether you are on the side of the debtor or the creditor, understanding these subtle differences can give you [...]