Part 2/5 Tax Filings and Recoveries Tax filings have moved increasingly later in the filing season, with the last few years not seeing the first filings and processing until week …
Part 1: Tax Stats and Consumer/Debtor Behavior
Part 1/5 of Tax Filings & Recoveries Over the last 20 years in the collections industry, I have maintained a record extracted from the IRS of tax season filing data. …
Business Revolution Week: Debt Sales Roundtable
Join Greg Paulo, VP Business Development of FLOCK Specialty Finance, and other subject matter experts as they discuss how COVID impacts the debt buying industry concerning underwriting, volume, sales, future …
Greg Paulo Joins the Debt Sales Roundtable at 2020 Business Revolution Week
Greg Paulo, VP Business Development of FLOCK Specialty Finance, will be participating in the 2020 Business Revolution Week roundtable discussion Thursday, November 12th as a subject matter expert in the …
Charged-Off Debt Dropped to Lowest Levels Since 2013
A recent look at purchases by public U.S. debt buyers confirms that sale volumes for charged-off debt dropped sharply in Q2 2020 to their lowest level since 2013. We attribute …
KBW’s Eric Hagen, CFA, Reports About Encore’s 2Q20 First Look: Strong Earnings Rebound on Cash Collections & Lower Expenses
ROCK[$4.13;$4.34;$2.27;$2.58] Earnings rebounded meaningfully Q/Q on higher revenue and lower expenses. Roughly half the estimated cash collections that were pushed out/deferred due to Covid were recouped in 2Q, which primarily …