We are grateful for another wonderful year full of opportunities to serve clients with their debt collection goals. This year, we navigated the new changes from Regulation F and have committed to maintaining our ongoing training for our teams so that we can enter the...
RECENT POSTS
Capital Recovery Blog
RECENT POSTS
Capital Recovery Blog
Itemization Date Revisited
Over the last couple of weeks, we’ve featured many of the changes for collections agencies that were rolled out through Regulation F. These changes were part of an amendment proposed by the Bureau of Consumer Financial Protection (CFPB), a U.S. government agency in...
How Regulation F Will Affect Collection Agencies in 2021: Part Two
In our last couple of blog posts, we have explained more about what a Validation Notice is and why you might be receiving one from a collections agency, and changes in Regulation F, and what that means for the Validation Notice going forward. The Capital Recovery...
How Regulation F Will Affect Collection Agencies in 2021, Part One
Earlier this month, the employees of Capital Recovery Corporation participated in intense training on the updated amendments to Regulation F, a set of Federal Reserve rules that establish limits on the risks banks that have deposits insured by the Federal Deposit...
What’s a Model Validation Notice, and Why Am I Receiving One?
This is a question you might be asking yourself if you’ve found yourself pulling one of these pieces of paper out of your mailbox. It may lead to even more questions, such as, “Who sent this form?” and “Who do I contact for more information?” In short, under the...
Benefits of Working with a Small Recovery Agency
Once a business is ready to partner with a debt collection agency, selecting one that can actually produce results can seem like a daunting task. Does bigger actually mean better in regards to how effective an agency will be in getting the debts collected quickly and...
Capital Recovery Corporation Employee Spotlight: Salma Bryant
Here at Capital Recovery, we recognize the value of having top-notch team members. Our hiring process allows us to attract and hire employees who become some of the best debt collection personnel. Our commitment to ongoing training and continuing education allows our...
How the Use of Technology Assists in Better Communication in Debt Collection Agencies
Technology has forever changed the way people communicate both in their day-to-day lives and in multiple industries and applications. The space for business and healthcare debt collection and commercial AR management is no different. The leadership team at Capital...
How to Prevent Bad Debt: 5 Tips to Protect Your Business
Debt – an ugly, four-letter word that is universally understood as a bad thing. Carrying debt without a strategic plan to pay it off is unsustainable and can make for many a sleepless night for families, individuals, and even businesses. Thankfully, there are ways to...
