Direct Recovery

MARCH 27, 2020

Earlier this year, California State Senator Bob Wieckowski introduced a bill that would require all California debt collectors to obtain a license from the state’s Department of Business Oversight. Less Rogue Debt Collection Agents. Serious Consequences for Offenders. Fewer Consumer Complaints.

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The Kaplan Group

JANUARY 19, 2021

This is the federal law that protects consumers from being harassed by debt collectors. As we’ve mentioned before, the law applies only to consumer debt, not businesses. The law also only applies to outside debt collectors, not companies who are owed the money for product or services they provided.

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Direct Recovery

APRIL 18, 2023

Of course, there is also the fact that you’re probably more concerned with running your own business than collecting from a failed one. That’s why many small business owners prefer to hire commercial debt collection agencies to manage collections on their behalf. What is Commercial Debt Collection?

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Credit Management Company

OCTOBER 5, 2018

Debt collection has a significant positive impact on the economy in both a micro and macro sense, and collectors abide by regulations that maintain the dignity of consumers. Like any business, debt collectors pay a variety of local, state, and federal taxes based on their profits. Debt Relief. Medical care.

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National Service Bureau

APRIL 6, 2015

That is why it is so important for organizations to choose a collection agency that falls on the right side of the fence in what is otherwise a huge grey area. With that in mind, here are the top 4th, 5th, and 6th most prevalent complaints against debt collection agencies in 2014: #6: Taking or threatening to take an illegal action.

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Better Credit Blog

DECEMBER 2, 2020

Is your credit score suffering because of debt in collections? Debt collectors can add stress to your everyday routine, calling constantly, sending letters, and even worse, damaging your credit. However, Atlantic Credit & Finance, LLC, is a legitimate debt collection agency. Cloud, Minnesota.

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Taurus Collect

JANUARY 14, 2021

Cash flow and business debt collectors have always played an important part in the profitable running of a business, but never more so than now. We are getting a number of calls from clients asking whether they should be using business debt collectors to pursue debtors on their behalf, in the current climate.

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Debt Recoveries

MAY 14, 2023

Recovering unpaid debts can be a time-consuming and expensive process, which often requires expertise and the right tools that most companies lack. As a debt collection expert, it’s evident that outsourcing debt recovery to a professional debt collection agent has become increasingly popular among smart companies.

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The Kaplan Group

JUNE 25, 2022

And as any seasoned collection agent will tell you, this isn’t the state of mind that leads to a good outcome. Two factors that make anger a counterproductive force in debt negotiation. Engaging a skilled debt collection agency whose sole focus is getting results for you will change the dynamic right away.

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FDCPA Defense

APRIL 17, 2019

Instead, you will come across section 1692e(3) of the FDCPA, which contains a simple rule: a debt collector may not make a “false representation or implication that any individual is an attorney or that any communication is from an attorney.” In Clomon v. Jackson , 988 F.2d 2d 1314 (2d Cir. Similarly, in Avila v. Rubin , 84 F.3d

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PDC Flow

JANUARY 19, 2024

This is a quote from Leslie Bender , Senior Attorney of Health Privacy and Consumer Financial Privacy during her presentation at Collector Live , a yearly event hosted by Mike Gibb of AccountsRecovery.net. He spoke on maintaining a positive professional image–something that can be especially difficult in the collection industry.

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Collection Industry News

MAY 11, 2021

Miller, a Kenmore debt collector, is under investigation by federal Homeland Security Investigations agents for alleged wire fraud in connection with unlawful debt collecting. Agents seized $90,385 from Miller in 2020 while executing a raid at a Kenmore home he owns. Provided by Mark M. John Hickey.

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