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Top 5 DebtCollection Posts of 2022: Crisis and Opportunity. As more people enter the collections queue due to rising costs and economic wobbles, our collections experts share their tips for early collections, digital approaches and more. Here are the top five posts from 2022 on debtcollection trends.
Nevada AB 223 – This bill would require debtcollectors to provide a payoff letter within 10-days of a consumer request. New York AB 1035 – This bill would prohibit debtcollectors from communicating with consumers through the use of email, text messaging, or private communication tools offered by social media companies.
Through the efforts of RMAI, our Colorado lobbyist, and other industry partners we were able to get an exemption for credit card debt unless the credit card was offered specifically for the payment of health-care services or health-care goods. RMAI was able to obtain some modest amendments; however, we remain in opposition. NPAS, Inc. ,
As a leader in business to business debtcollection services, we’ve been asked to share our insights into the size and scope of the b2b debtcollection industry. After the 2008 recession, businesses began to rely less on traditional credit lines and more on factoring and accounts receivables. billion by 2022.
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