Jamie Welsh

By Jamie Welsh · June 09, 2023

Deciding When to Sue Charged-Off Accounts Receivable

The field of debt recovery is full of multifaceted, complex decisions to consider. One of the most pivotal is determining if and when to sue on an account. Each past-due account requires a different approach—some may be best resolved by selling, some by forwarding to an agency, and others might…

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Jamie Welsh

By Jamie Welsh · March 10, 2021

If It Ain’t Broke, Don’t Fix It: Rethinking “Low” Balance Litigation

When it comes to how businesses in corporate America operate, how many times have we said or heard that? How many times have you heard “It’s the way we’ve always done it” when you ask why something is done a certain way. There are so many examples of how a…

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Jamie Welsh

By Jamie Welsh · February 16, 2021

Scoring, Segmentation & Selection – Critical Elements to a Successful Legal Strategy

As we noted in an earlier article, the era of ultra-low charge-off rates is not going to last forever. When delinquency rates begin to climb towards the back end of 2021, we don’t expect it to be gradual. With the outlook for an economic recovery to occur as early as…

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Jamie Welsh

By Jamie Welsh · February 02, 2021

Shore Up Your Collection Strategy for the Post-Pandemic Economy

Charge-off rates on nearly all consumer loan products ended 2020 at historical lows as Americans adjusted their spending habits taking advantage of stimulus payments and overall new-found liquidity. Creditors have benefitted from higher payer rates, therefore reducing roll rates and overall delinquencies. Therefore, there may may be a tendency for…

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Jamie Welsh

By Jamie Welsh · January 22, 2021

Pandemic Heightens Importance of Vendor Oversight

When the pandemic hit, we as an industry first looked inward ensuring the safety of our staff and their families and then towards making sure that they could securely and effectively operate remotely. BCP plans were put to the test and most rewritten. The ARM industry has been paying for…

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Jamie Welsh

By Jamie Welsh · August 02, 2019

Now is the Time to Start a Litigation Recovery Program- Here’s Why

A legal strategy for the recovery of delinquent consumer receivables has the benefit of producing a stable and long-term (8+ years) revenue stream. We want to take a minute to examine that benefit at a time when the US economy is experiencing the longest growth period on record. The consensus…

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