Effective debt recovery is not a private and aggressive act but a critical component of public economic infrastructure. It is ...

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 ...

SINGAPORE, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Fast Debt Recovery Specialist, Singapore's premier debt collection agency, has achieved a significant milestone by becoming one of the first to receive ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Explore the causes, effects, and solutions of debt overhang, where excessive debt limits future investments and can hinder economic growth and recovery.

Scottish insolvency activity recently reached the highest level for a decade, according to the latest figures published by Accountant in Bankruptcy. 1,132 firms became insolvent in Scotland over the ...

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 ...

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 ...

Taking the appropriate legal steps can help avoid delays and lawsuits Popularly known as “the land of opportunities,” the UAE is home to not just the locals but millions of expats from all over the ...

For some Louisiana drivers, debt owed to the Office of Motor Vehicles for insurance violations can spiral beyond their means, leaving them thousands of dollars in the red. “It was too much for them to ...

Debt levels have increased as more sub-Saharan countries look towards borrowing. Zambia's debt now equals its total GDP, while Kenya may be speeding towards its own financial crisis. The debt-to-GDP ...