Credit Analyses and Debt
When it comes to credit analysis, most often this financial examination takes the form of an examination into what is known as - The Five C’s -
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And the Debt Collection Award Goes To…
In the spring of 2017, a judge placed a restraining order that barred the federal government from contracting with debt collectors to catch up on the defaulted student loan debt.
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Debt Collecting and the CFPB: How They Interact
The current director of the CFPB, Mick Mulvaney, was nominated by President Trump to lead the Office of Management and Budget in January 2017
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Collection Agencies: Why Staying in Compliance is Good Business
Around 4,000 debt collecting agencies are operating in the U.S. With that many agencies, choosing what is best for a business can be difficult.
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What The Recent Rise in Bankruptcies Means For You
Just because bankruptcies are on the rise doesn’t mean you have to let your debts go unsettled. This article to help you with your debt collection.
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The Impact of Credit Cards on the American Economy
The debt collection industry is essential to the credit market. By making sure borrowers make good on their delinquent debt. Credit card debt is what drives the US debt collection industry.
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Debtor in Possession: What it Is and How it’s Used
A Debtor in Possession must keep meticulous financial records. If the court or creditors find that court orders aren’t being followed adequately
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Business Need to Know When Collecting Their Bad Accounts
Do: Leverage to Collect the Debt, Impact on Credit Score, Send a Demand Letter, Offer to Settle the Debt, etc.
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What is next after account goes past due?
So what does it mean when your debt goes into the hands of a collection agency. When the past due goes to collections, the company has the choice
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The Snowball Debt Plan: What it Is and How to Use It
Trying to pay off debts are faced with the difficult question of prioritization. What’s known as a debt avalanche - Snowball Debt Plan
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