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Collection Services Can Make Money! Disbelief Is Widespread
People who work in collection agencies are used to a never-ending diet of bad news about their industry. So--with three positive stories--this week makes a welcome change.
How Will the Collection Services Industry Survive this Recession?
Everyone in the industry knows that all too many collection agency services will go under during the current downturn. But legislators continue to try to undermine the business even more.
Bill Collection Business Drowning in Laws
Lawyers are currently having a little laugh at the expense of bill collection companies. But seriously, how can an already over-regulated industry hope to keep up with so much new law?
Collection Services Law Firm Faces Paying Costs for Misidentifying Defendant
A controversial civil court judge in New York has threatened to award costs against a collection services law firm that misidentified a defendant. If that idea catches on, it could have serious implications for the industry
How Bill Collection Agencies Are Letting Themselves Be Played
Is the collection service business full of pansies who back off from smart debtors? It's starting to look that way. Find out why bill collection companies are vulnerable.
Collection Companies Need High Ethical Standards to Survive
The collection services industry isn't going to escape new, ruinously stringent regulation with a bit of lobbying, and P.R. Unless collection companies begin living up to ethical, professional, and legal standards, they're going to face an impossibly diff
Collections Agency Industry Under Attack from State and Federal Legislatures
As state and federal legislators queue up to enact new regulation, the collection agency business still seems slow to mount an effective response.
Collection Companies' Tactics: Where's the line?
Collection agency services are staffed by people who've heard every excuse in the book. So it's understandable if they sometimes think that every tactic is fair. But do some practices cross the line?
Too Late for Collections Agencies to Resist Regulation?
The Association of Credit and Collection Professionals (ACA) posts on its web site a whole list of impressive statistics about third-party collections agencies.
Commercial Collection Agencies Face Special Challenges
A business collection agency works in a very different environment from a consumer bill collector. In many ways, that makes the job that commercial collection agencies do harder
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