For many lenders, the collections litigation process is something of a black box: legal counsel receives pertinent files, and eventually recovered funds are received.
That is all changing as lenders are now challenged with a harrowing mixture of recovery inefficiencies and increased regulation. Now, lenders must track lawsuits closely or else face penalties and unfavorable publicity. The good news is that this new reality doesn’t have to create a lot more work for creditors.
This new white paper from Oliver explores five powerful ways lenders can use technology to recover more, and spend less time and money doing it, all while reducing compliance risk:
Measuring Litigation Performance
Automating Litigation Management
Optimizing Law Firm Performance
Download the “High Performance Collections Litigation” white paper to learn more.