Sensitivity, personalization, and tech can achieve better collections
Jul 02, 2020 MicroBilt News
Once the COVID-19 pandemic passes and the various types of debt reprieves outlined in the CARES Act expire, businesses will be faced with how to collect monies owed to them.
Collections and recovery: What you need to know moving forward post-COVID-19
Jun 09, 2020 MicroBilt News
Emerging from the pandemic and moving forward won’t be easy. Businesses that need to collect money owed are likely to encounter challenges in recovery.
Louisiana debt collection office to fund State Troopers
Dec 17, 2019 Philip Burgess
A new state-run debt collection office in Louisiana will help fund the state's police force. The Times Picayune reported that recent legislation that established a statewide collection agency will help support State Trooper education. For five
ABS car loans rebounding to pre-recession levels
Dec 17, 2019 Walt Wojciechowski
After a substantial decline during the recession, the automotive sector has bounced back the past couple years, with consumer credit reports revealing that car sales and auto loans are climbing.According to a recent article by Reuters, asset-based
Inside new federal decisions on debt collection practices
Jan 21, 2019 Philip Burgess
Debt collection activity has spiked in recent years, especially because of the increasing volumes of outstanding student and business loans. As a result, the federal government has implemented new regulations and a variety of additional oversight