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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...
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...
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...
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...
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....
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...
Battle lines drawn: As legislation aims to revamp the regulator, advocates square off over the soul of consumer finance regulation. The Consumer Financial Protection Bureau (CFPB) is tasked with regulating consumer financial products and services. Since its inception...
Unpaid expenses, unexpected bills, and income gap — this has been the financial rollercoaster many find themselves in 2023. And as everyday expenses soar, many Americans are reaching their breaking points. From credit cards to car loans, total household debt has...
Healthcare is an industry where every moment counts — which is why medical providers are constantly on the lookout for ways to streamline operations and enhance patient care. One compelling strategy gaining momentum is outsourcing business office functions to...