Debt Recovery Complaints on the Rise
Some interesting interesting figures have been released by the Association of Credit and Collection Professionals (ACA) revealing significantly increased legal activity in the accounts receivables industry. That’s more filings, more debt recovery complaints, and more class actions. According to the report, figures for July are consistently on the rise, but what does this mean for those of us in Accounts Receivable? Are legal proceedings simply to be expected when rising debt levels push more clients into the red, or do they highlight the kind of poor debt collection practices that could damage your company reputation? In this article, we’ll dig into the latest stats and highlight some of the reasons behind the spike, as well as exploring how a professional commercial collections strategy can help you avoid this kind of litigation. Figures Suggest Growth in Unfair Debt Collection Practices Figures for July 2025 revealed a total of 362 lawsuits filed under the Fair Debt Collection ...