In the dynamic world of debt collection, staying ahead of the curve is crucial for success. Collection agencies face numerous challenges in effectively managing debt recovery processes while adhering to legal and ethical standards. One way to navigate these challenges and thrive in the industry is by becoming a member of ACA International, the Association […]
Why You Can Trust a Collection Agency
As a consumer, receiving notices or calls from a collection agency about an outstanding debt can often be worrisome. There are misconceptions and negative perceptions associated with collection agencies, but in reality, professional collection agencies can be trusted partners in resolving debts. Here are some reasons why you can trust a collection agency. Compliance with […]
Boost Your Cash Flow: How Hiring a Collection Agency Can Improve Your Accounts Receivables
As a business owner, managing your accounts receivables can be a challenging task. Unpaid invoices and overdue payments can impact your cash flow, hindering your ability to meet financial obligations and grow your business. This is where hiring a collection agency can come to your rescue. In this blog post, we’ll explore how a collection […]
Maximizing Recovery: The Advantages of Hiring a Collection Agency
Are you tired of chasing down overdue payments from customers or clients? Is your business struggling with mounting unpaid invoices? If so, it may be time to consider hiring a collection agency. Collection agencies are specialized firms that help businesses recover outstanding debts by employing proven strategies and legal procedures. While some business owners may […]
Unlocking the Benefits of Hiring a Collection Agency for Your Small Business
Running a small business is a difficult task, and it is even more difficult to keep track of receivables. With all the other tasks that need to be taken care of, it is easy to let the collections process slip through the cracks. This is where a collection agency can help. Hiring a collection agency […]
District Court Judge Dismisses Six FDCPA Mailing Vendor Cases
The class-action cases, based on precedent from the 11th Circuit’s Hunstein ruling, were dismissed by the judge for lack of standing.
A look into how Credit Counsel, Inc.’s take on Commercial Collections is helping shape the industry.
Credit Counsel Inc has been in the debt collection business for over twenty years. In this time, it should come as no surprise that they’ve developed a system of efficiency and unparalleled professionalism – one that allows them to proudly set a shining example for the industry as a whole. Credit Counsel Inc’s founder Christopher […]
Christopher Mihoulides of Credit Counsel Inc. Helps Us Watch our Wallets this Holiday Season
“We’re fast approaching this holiday season and people start to play a little fast and loose with their credit,” Christopher Mihoulides, founder of Credit Counsel Inc., begins. “It’s important to note that while this is indeed the season for giving, there are measures you can and should be taking to ensure you’re making the best […]
SCOTUS to Hear Case on Constitutionality of CFPB’s Leadership Structure
The U.S. Supreme Court on Friday announced that it would review Seila Law v. Consumer Financial Protection Bureau, a case that challenges the constitutionality of the Consumer Financial Protection Bureau’s leadership structure. In the Seila Law case, a Ninth Circuit panel unanimously ruled that the CFPB’s single director structure is constitutional, ACA International previously reported. […]
Breaking News: ACA International’s Comments Respond to CFPB’s First-Ever Proposed Debt Collection Rule
“Overall, ACA believes that the bureau’s efforts will resolve ambiguities in the FDCPA and help create uniform national standards. Nevertheless, in its comprehensive comments, ACA identifies a significant number of changes that should be made to the proposal.” – ACA International CEO Mark Neeb After working with ACA International members and association leadership to garner […]