Blog2024-03-14T18:46:30+00:00

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CFPB Crackdown: New Debt Collection Rules You Need to Know

CFPB Crackdown: New Debt Collection Rules You Need to Know CFPB Crackdown: The Consumer Financial Protection Bureau (CFPB) has recently unveiled a sweeping set of regulations designed to modernize debt collection practices and protect consumers. As a debt collection agency committed to ethical and compliant practices, The ...

AI Debt Collection: Revolutionizing Successful Recovery

AI Debt Collection: Revolutionizing Recovery AI Debt Collection: The world of debt collection is undergoing a dramatic transformation, and artificial intelligence (AI) is at the forefront of this revolution. While traditional collection methods still hold value, the integration of AI is ushering in an era of enhanced ...

Debt Collection Scams: Ways on How to Protect Yourself

Debt Collection Scams: How to Protect Yourself Debt Collection Scams: Debt is a stressful reality for many Americans. Unfortunately, scammers try to capitalize on this stress by posing as debt collectors. These scams can lead to financial loss, identity theft, and unnecessary anxiety. At the Baker Group, ...

International Debt Collection: A Global Perspective

International Debt Collection: A Global Perspective International Debt Collection: In today's interconnected global marketplace, businesses frequently engage in cross-border transactions. While this opens doors to vast opportunities, it also presents unique challenges, particularly when it comes to collecting outstanding debts from international clients. At The Baker Group, ...

Bad Debt: Guide on How to Avoid the Silent Profit Killer

Bad Debt: How to Avoid the Silent Profit Killer Bad debt is a silent profit killer that can slowly strangle a business's financial health. It refers to receivables or loans that are unlikely to be paid, becoming a significant burden for companies, especially small to medium-sized enterprises ...

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