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General News

GUEST POST: Considerations For Deceased Account Recovery

EDITOR’S NOTE: The following was written by Tracey Bannochie, the Chief Operating Officer of DCM Services. It’s important to understand that the differences between traditional debt recovery and deceased account recovery are significant, and thus deceased accounts require specialized treatment. Predominantly, the reason accounts are placed for follow up with …

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Deadline Looming to Apply For CFPB’s CAB

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You only have another week to submit your application if you are looking to be invited to join the Consumer Financial Protection Bureau’s Consumer Advisory Board. Applications for the CAB are due by May 5, which marks 45 days after the call for applications was published in the Federal Register. …

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Billionaire Creates Fund to Help Idahoans Fight ‘Outlandish’ Attorney Fees in Collection Suits

Frank VanderSloot, Idaho’s richest man, and his wife Belinda announced yesterday the creation of a $500,000 fund to help residents defend themselves against “unreasonable attorney fees” in collection-related lawsuits, specifically mentioning attorneys for an agency “who appear to be using unscrupulous methods to take small debts of a few hundred …

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PDCflow, National Creditors Bar Association Partner to Benefit NCBA Members

Ogden, Utah — Accounts Receivable payment hub PDCflow announces a new partnership with National Creditors Bar Association. Through this relationship, the company becomes the official document and payment workflow software of NCBA. As a result, all members of the trade association will now be eligible for a 20% discount on PDCflow’s software services. “National …

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Natural Disasters Send More Individuals Into Collections: Report

Natural disasters can significantly impact the lives of those who are affected, but one unintended consequence that has not traditionally received a lot of attention is the impact on an individual’s credit score and financial well-being. A recently released study concludes that individuals impacted by natural disasters experience decreased credit …

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