With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who ...

Effective debt recovery is not a private and aggressive act but a critical component of public economic infrastructure. It is ...

Financial institutions use artificial intelligence (AI) and machine learning (ML) models to reshape debt recovery. Although you probably haven’t noticed any changes yet — these technologies are ...

A debt recovery or collection agency helps medical providers, lenders and other businesses collect past-due bills or loan payments. The service works on a commission basis or buys the accounts ...

SINGAPORE, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Fast Debt Recovery Specialist, Singapore's premier debt collection agency, has achieved a significant milestone by becoming one of the first to receive ...

Scottish insolvency activity recently reached the highest level for a decade, according to the latest figures published by Accountant in Bankruptcy. 1,132 firms became insolvent in Scotland over the ...

Once it becomes obvious that your business is not going to collect an outstanding receivable, you make a decision to write off the debt. If your customer later pays you for the debt, you must account ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The law has been enacted for reorganisation and insolvency resolution of corporate debtor. (Reuters) Applications filed under the Insolvency and Bankruptcy Code show a disturbing trend of the law ...