By Joel Rosenthal, ProVest Vice President, Head of Credit Collections Business Development & Client Relations Credit card charge-offs and credit card loan delinquencies hit a 13-year high, according to the Federal Reserve’s third-quarter report. Third-quarter 2024 data reveals that... Continue Reading
Any law firm that has a collections program would benefit from digital customer engagement methods that lower their servicing costs per file while generating more customer engagement, leading to increased revenue potential and earning more placements from clients. Initial Demand Letters (IDL) or... Continue Reading
On Friday, September 27, 2024, NCBA filed an Amicus Brief in the Supreme Court case, United States v. Miller, No. 23-824. The Supreme Court granted certiorari on the following question: Whether a bankruptcy trustee may avoid a debtor’s tax payment to the United States under Section 544(b)... Continue Reading
By Joel Rosenthal, ProVest Vice President, Head of Credit Collections Business Development & Client Relations In today's tech-heavy world, reaching a person ready and able to assist is rare. While several vendors work in the creditor rights industry, not all are equal. What distinguishes an... Continue Reading
Earlier this month, with the generous help of NCBA members Joy Jackson, CEO of Faber & Brand, L.L.C. and David J. Weimer, Chief Compliance Officer, Kramer & Frank, P.C., we set out to launch an initiative to educate law students on the practice of creditors rights. The goal is to launch a... Continue Reading
According to Federal Reserve’s Q2 Data By Joel Rosenthal, ProVest Vice President, Head of Credit Collections Business Development & Client Relations Credit card charge-offs and credit card loan delinquencies continue to be at a more than 12-year high, according to the Federal... Continue Reading
By Brandon Speaks, Senior Vice President, Provana The past four years have brought a whirlwind of change to the workforce, presenting both challenges and opportunities for organizations, especially for law firms and agencies. Balancing client performance expectations, maintaining operational... Continue Reading
Maximize Your Service Rate and Liquidations with Expert Skip Tracing Services By Joel Rosenthal, ProVest Vice President, Head of Credit Collections Business Development & Client Relations Like a smooth stone skipping across a tranquil lake, expert skip-tracing services create a... Continue Reading
Starting in 2018, TransUnion has commissioned an industry survey and research report to identify trends in the debt collection industry each year. TransUnion has partnered with ReceivablesData.com, a newly formed team that has a deep understanding of the receivables management industry to conduct... Continue Reading
On June 3, 2024, the CFPB announced the establishment of a new offenders’ registry final rule. This registry is aimed at detecting and deterring corporate offenders who have violated consumer laws and are subject to federal, state, or local government or court orders. Unfortunately, NCBA... Continue Reading
While NCBA is hard at work representing our industry year-round, this past week NCBA members helped truly amplify our voice. Having our members travel to DC and personally share their concerns with congressional offices is a highlight for NCBA and an important part of our advocacy strategy. With... Continue Reading
Asian American, Native Hawaiian, and Pacific Islander Heritage Month is in May. During this month, people in the United States learn about and celebrate the important and positive impact that generations of Asian Americans, Native Hawaiians, and Pacific Islanders (“AANHPI”) have had on... Continue Reading
