Southwest Recovery Services has released a guide clarifying that no legal minimum exists for sending debts to collections, offering small business owners practical direction on when escalating overdue ...

Southwest Recovery Services has published a new guide clarifying the differences between debt collection and debt recovery for businesses managing overdue accounts.

A debt collection lawsuit doesn't have to mean automatic defeat. You may have more options than you think.

Commercial debt collection agencies typically charge contingency fees ranging from 15% to 50% of recovered amounts, with businesses paying nothing upfront and only when collections succeed. Collection ...

With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...

Debt collection is changing fast. AI-powered systems are replacing traditional call centers, operating 24/7 to recover debts while maintaining customer satisfaction. For banks, fintechs, and ...

Although Consumer Financial Protection Bureau (CFPB) priorities and mandates are undergoing shifts with the new Trump administration, the CFPB pledged in 2024 to continue its efforts to eliminate ...

Digital debt collection software has now become one of the most important assets for large enterprises managing complex, high-volume receivables.

HES FinTech launched HES Collection Agent, an AI platform automating end-to-end collections with scoring, outreach, and ...

Healthcare providers are now faced with changes in how medical debt is reported and collected. These laws require a transition away from credit-based pressure tactics toward educational and voluntary ...