Recent Posts

Capital Recovery Blog

June 24, 2024

Why Do Debt Collection Agencies Get Sued?

The consequences of a lawsuit can be far-reaching for collection agencies, extending well beyond the immediate financial and legal repercussions. A single legal misstep can set off a domino effect, triggering increased regulatory scrutiny, diminished client confidence, and a tarnished brand image. In times of heightened consumer protection and social media activism, the reputational damage […]

Read more

May 29, 2024

How to Prevent Bad Debt: 5 Practical Ways for Businesses & Individuals

Debt can be a double-edged sword — it can provide the necessary capital to achieve your goals, but if left unchecked, it can quickly become an overwhelming burden that undermines your financial stability. Preventing bad debt is crucial to maintaining a healthy financial situation, whether you’re an individual or a business. Unpaid debts can quickly […]

Read more

May 22, 2024

How the new Florida law on healthcare debt collection impacts you

Is the new Florida bill on healthcare debt collection giving you a headache? Don’t worry, Capital Recovery Corp can help you understand and navigate this new legislation! Background First, a little background: both houses of the Florida legislation recently passed a significant bill aimed at regulating healthcare debt collection practices. Overview of the law Here’s […]

Read more

March 12, 2024

Leadership Trends: Quiet Quitting, Self-Awareness, Remote Teams

Disruption is the new normal. And current buzzwords right now? Remote work, quiet quitting, and work-life balance. Making sense of broad trends can be difficult without proper context and analysis. This blog explores some of the most talked-about topics impacting leadership — from quiet quitting and employee engagement to developing self-awareness and building cohesive remote […]

Read more

February 26, 2024

How the Recent Bank Failures Will Impact the ARM Industry

The recent failures of the major banks have exposed vulnerabilities in the financial market. These institutions were handling hundreds of billions, many concentrated in sensitive areas. Their bankruptcies demonstrated the outsized risks these loan portfolios pose. Now, with questions raised about long-term sustainability, the remaining players must determine how to adapt going forward. Borrowers, too, […]

Read more

December 1, 2023

3 Major Challenges with Collections + Strategies to Overcome Them

In today’s economic climate, businesses face unprecedented challenges in the collection process. From rising living expenses to changing consumer behaviors, it can be challenging to navigate the complex landscape of debt collection. But fear not because businesses can overcome these challenges and collect on outstanding debts while maintaining strong customer relationships with the right strategies […]

Read more