Financial institutions use artificial intelligence (AI) and machine learning (ML) models to reshape debt recovery. Although you probably haven’t noticed any changes yet — these technologies are ...

With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...

A debt recovery or collection agency helps medical providers, lenders and other businesses collect past-due bills or loan payments. The service works on a commission basis or buys the accounts ...

Firms, governments and people have racked up debt in the pandemic — and many infrastructure sectors are hard hit, too. Debt needs to be well-managed for a solid recovery supported by private financing ...

The law has been enacted for reorganisation and insolvency resolution of corporate debtor. (Reuters) Applications filed under the Insolvency and Bankruptcy Code show a disturbing trend of the law ...

Alexandra Twin has 15+ years of experience as an editor and writer, covering financial news for public and private companies. Anthony Battle is a CERTIFIED FINANCIAL PLANNER™ professional. He earned ...