Medical debt regulations are shifting dramatically in 2026, with states banning credit reporting and federal rules in limbo. If you’re a healthcare provider, the old collection playbook might soon ...
Certain business models seem to have unshakable stigmas associated with them. Sometimes it’s deserved, such as from decades of unethical or sneaky behavior by players in the industry, and in other ...
Key Takeaways Commercial debt collection agencies typically charge contingency fees ranging from 15% to 50% of ...
The debt collection industry was estimated to be in excess of $13.4B in 2021 with over 7,000 collection agencies. With such fragmentation in the industry, practices by collectors vary widely and the ...
Times weren't so good for collections agencies three or four years ago when brash new debt-buying companies such as Commercial Financial Services and Creditrust came onto the scene, swooping up ...
PHILADELPHIA (WPVI) -- If you've ever been contacted by a collection agency over medical debt, you are not alone. Over 40 million people have unpaid medical bills sent to collections, and almost half ...
Pay-for-delete promises to erase collection debt from your credit report, but the results of this strategy can vary.
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From collections to repossession: A timeline of debt
Debt is a common yet troublesome concern for many business owners. Ignoring debt — even just for a few months — can lead to financial burdens that are hard to come back from, including bankruptcy, ...
On June 16, the Nevada governor signed SB 276 (the “Act”) to revise certain provisions relating to debt collection agencies and make amendments to the state’s collection agency licensing law. While ...
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