The CFPB has proposed new rules for the debt collection industry providing clarity and guidance for consumer communications and data handling.

Data security is a hot topic in 2019 after a large medical debt collection agency went bankrupt after their proprietary software platform was breached.

Role playing can be a very helpful tool companies should use to train employees for various situations in the workplace and debt collection process.

Tax season for the debt collection industry is traditionally a boost to the bottom line. Keep communicating with consumers and keep that train rolling!

Vendors are there to help and support collection agencies, but they are frequently not utilized at their full potential. Vendors have experience in the business that can be helpful to collection agencies and solving their issues, and not taking advantage of that is a lost opportunity.

Compliance has become the competitive differentiator in today's collection industry. Clients want companies which can collect as much money as possible, while staying well within the bounds of collection litigation. Collecting the right way leads to collecting more clients.

Proposed regulations that increase hurdles for the collection industry to operate effectively are being proposed at both state and federal levels. Contact your legislative representative now to be heard. The collection industry is legitimate and deserves legislative respect and support.

No single person has the best answers or guidance for employee development. Bringing experts across the spectrum of experience and training will help employees grow and flourish - translating to job satisfaction and professional confidence. Tap into industry resources like CollectorLive!

Happy New Year to the ARM Industry! Now is the time for resolutions - personal and professional. Take some time to make formal professional goals for the year to accommodate the big changes we anticipate from the regulatory agencies overseeing the collection industry. Take a minute to read more!

Who doesn't love a good play on words? While we are just about through the holiday season, TAX SEASON is quickly approaching and it is a magical time for the debt collection industry. Make sure you are prepared for this wonderful time of year by making your preparations!