by Admin | May 28, 2024 | Debt Industry
In a recent survey, nearly 60% of small business owners cited economic conditions as one of the biggest challenges facing their debt collection efforts. This statistic underscores the significant impact that economic trends can have on the ability of businesses and...
by Admin | Apr 23, 2024 | Debt Industry
In today’s dynamic financial landscape, credit card debt recovery has become an increasingly complex and challenging endeavor for creditors. Recent research unveils a concerning trend of late credit card payments and the implications of rising annual percentage...
by Admin | Jan 16, 2024 | Debt Industry
The Florida Bar Board of Governors’ Review Committee on Professional Ethics has issued Proposed Advisory Opinion 24-1, which is open for comments from Florida Bar members. The opinion addresses the use of generative artificial intelligence (AI) by lawyers in...
by Admin | Dec 12, 2023 | Debt Industry
A Surge in High-Value Mortgage Delinquencies Recent data reveals a startling trend: over a quarter million high-value mortgages are now seriously delinquent. This surge, especially in mortgages over $400,000, has doubled since last year, posing significant challenges...
by Admin | Nov 21, 2023 | Debt Industry
Despite a drop in retail sales in October, the first in seven months, expectations are high for a surge in consumer spending over the Thanksgiving weekend. This period marks the start of the holiday shopping season. According to the International Council of Shopping...
by Admin | Oct 31, 2023 | Debt Industry
Revolutionizing Industries: The Blockchain Phenomenon Picture an age where the nature of transactions, contracts, and record-keeping undergoes a revolutionary transformation. That age is now, and the driving force behind this revolution? Blockchain technology....
