Remove Bankruptcy Remove Collection Agent Remove Collections
article thumbnail

A Collection Agent Is Calling: Help!

The Kaplan Group

So, it’s no surprise that people are falling behind on their bills, and that some people have received calls from a collection agent. If you are receiving calls from a collection agency, the most important things to know are that you should not panic and you should not ignore the call. When You Get a Phone Call.

article thumbnail

Best Practices for Call Baiting in Debt Collection

PDC Flow

The debt collection process can be tricky. Collection agencies must follow regulations strictlyor youll find your business in jeopardy. Compliance can be even harder when scammers actively try to disrupt your debt collection practices through call baiting. But what are they baiting the agent to do?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

What Are The Common Problems Faced by the Debt Collection Agents?

Taurus Collect

Thus, timely debt collection is crucial for every business. Therefore, it is vital to have a robust debt collection strategy to enable you to stabilise your cash flow and acquire money from your debtors without hampering your business relationships. Collection methods are not real-time. Customer bankruptcy.

article thumbnail

How to Get Debt Collectors to Stop Calling after Bankruptcy

Sawin & Shea

The time period leading up to filing for bankruptcy is extremely stressful, as you know. Who knows how to get debt collectors to stop calling after bankruptcy? How long after filing for bankruptcy do collectors keep calling? You may be hearing from creditors who will not be affected by your bankruptcy. It is illegal.

article thumbnail

Toll fine Debt Collection letters are ‘intimidating and misleading’

UK debt collections

Letters being sent by a Debt Collection Agency to drivers who fail to pail Tyne Tunnel fees are “initimidating and misleading” debt charities have warned. The Debt Collection letters advise of potential fines and even criminal convictions. Marston Recovery and Court Enforcement Services, which is part of the CDER group.

article thumbnail

Commercial Debt Collection for Businesses – 2023 Guide

Direct Recovery

But that debt can quickly become an anchor weighing down the entire company if growth sputters, and the resulting collections can be even more problematic than the debt in the first place. Of course, there is also the fact that you’re probably more concerned with running your own business than collecting from a failed one.

article thumbnail

These 3 issues often precede bankruptcy

Roths Child Law

It can be challenging to know whether your current money problems are minor and temporary or whether you might be in over your head and in need of filing for bankruptcy. Speaking with someone well-versed in bankruptcy issues can help you determine a best course of action in your specific circumstances.