CHICAGO, Jan. 15, 2025 (GLOBE NEWSWIRE) -- More than half (52%) of debt collection companies have experienced an increased or significantly increased volume of accounts placed or acquired over the ...

Utilizing data to drive the right approach in a rapidly changing environment is becoming “more impactful to recovery and collections performance than ever.” Those that do will be able to unlock ...

So a retailer sells too many goods to deadbeats and has trouble collecting? It sells the bad debts for pennies on the dollar to companies that specialize in collecting debts, perhaps using strong arm ...

With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...

Every morning, Alaska’s court system publishes an updated list of new civil lawsuits filed across the state during the past week. And every morning, that list is dominated by debt collection cases, ...

A big part of the Consumer Financial Protection Bureau’s potential to help consumers is its ability to supervise nonbank participants in the financial industry. This far-ranging swath of companies ...

NEW YORK — In the first-ever report on the extent and impact of cooperation between courts and the private debt collection industry nationwide, the American Civil Liberties Union found courts in 26 ...

Three interconnected debt collection companies in Sunderland, which kept over £50,000 in client funds that they collected on behalf of their clients, have been shut down following an insolvency ...

Sarah Rojo in her home in Gardendale on Feb. 23, 2025. Rojo owes thousands in property taxes, made worse by the 20% extra fee that a private, law firm hired for collections, tacked on to the top of ...