Medical bills can quickly spiral, so you need to understand your legal exposure if the debt goes to collections.
If you’re someone who’s opted to automate debt collection processes for your business, congratulations, you’re on the right path. Automating debt collection has become an invaluable tool for many ...
The Consumer Financial Protection Bureau said Friday it has ordered medical debt collector Commonwealth Financial Systems of Dickson City, Pa., to cease operations and pay a $95,000 penalty for ...
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How serious is medical debt?
Consider debt relief: For borrowers facing multiple medical balances — or a mix of medical and credit card debt — debt relief ...
The global debt collection market is rapidly evolving towards AI-driven systems, moving from manual processes to intelligent, empathetic engagement. These advanced platforms analyze borrower behavior, ...
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Ohio lawmakers propose bill to protect patients from medical debt collections and wage garnishment
The bill would prohibit medical debt from appearing on credit reports, ban wage garnishment and cap interest at 3%, down from ...
Squeezed by the recessionary COVID-19-era economy and the rising prices of everyday goods, some consumers are increasingly turning to lines of credit to make ends meet. According to a September 2021 ...
ACA International has announced its recommendations to modernize America's collection system for Consumer Financial Protection Bureau (CFPB) consideration as it carries out its charge under the ...
Southwest Recovery Services (866-595-9621) expands commercial debt collection services for roofing contractors facing unpaid ...
If you owe a debt, you should make every effort to pay it. After all, you’ve enjoyed the services or goods that your debt bought. And companies have a right to try to collect or even sell that debt to ...
The day Teresa Beatty learned she owed the state more than $83,600, she said, she had to ask what for. That’s when Beatty, who reportedly spent about two years in prison roughly 20 years before she ...
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