Burt and Associates

JANUARY 17, 2025

Optimize Accounts Receivable: Regularly review outstanding invoices and implement collection strategies for overdue accounts. Sell Non-Essential Assets: Liquidate surplus or underutilized assets to generate immediate cash flow. But even with the best strategies, challenges can arise. Click below to learn more!

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Taurus Collect

MARCH 5, 2024

Engaging with a debt collections service is a crucial step towards managing and settling outstanding debts. This article aims to demystify the consequences of overlooking debt collectors and to provide insights into how debt collection services operate within the UK’s legal framework.

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Sawin & Shea

SEPTEMBER 27, 2023

If you are a victim of debt collector harassment, it’s important to know the debt collection laws, and consider your options for debt relief. Known as exempt assets, these are the things you may keep when you file for Chapter 7 bankruptcy. Debt Collection Laws: What Can Debt Collectors Do? What Are My Next Steps?

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Debt Free Colorado

JANUARY 20, 2024

But it can involve asset liquidation, and the discharge is independent of such sales. You should not expect to receive collection notices for unpaid medical bills. Quick Summary: Healthcare-related debts such as medical bills become dischargeable through bankruptcy (Chapter 7 and 13).

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Debt Free Colorado

OCTOBER 25, 2024

Chapter 7 includes many different processes, including: Asset Liquidation: The business’s non-exempt assets are sold off to pay creditors. Discharge of Debts: After liquidation, any remaining unsecured debts are discharged. Creditors must cease all attempts to collect debts.

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Troutman Sanders

FEBRUARY 27, 2023

Section 604 of the Financial Services Regulatory Relief Act of 2006 requires that the agencies review information collected in the Call Reports to reduce or eliminate any requirement to file certain information or schedules if the continued collection of such information or schedules is no longer necessary or appropriate.

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Debt Free Colorado

DECEMBER 23, 2024

Quick Summary: Filing for bankruptcy stops all debt collection right away through the automatic stay. The court assigns a trustee to review your case and handle your assets. This process can stop creditors from collecting money from you. If you fail to pay, creditors cannot take your belongings.

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