Remove Collection Agencies Remove Debt Recovery Remove Legal Collections
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How Do I Send Debt to Collections?

Nexa Collect

Trying to collect a bad debt is draining on your time and your resources. Eventually, it makes sense to pass the task on to a professional debt collection company. Need a Collection Agency easy to work with? High recovery rates and serving clients nationally. Check The Agency’s Credentials.

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How Often Do Debt Collection Agencies Take You To Court? 5 Things to Know

Taurus Collect

Thus, debt collection agencies are commonly utilised to ensure that funds due back to businesses don’t go unpaid. But how often do debt collection agencies take their clients’ customers to court? But did you know that these agencies often try to resolve your debt before resorting to legal action?

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Business Debt Collection Laws and their Connection to Commercial Debt

Debt RR

Although commercial debtors do not enjoy the same level of protection as consumer debtors do, this does not mean they are left at the mercy of creditors and debt collection agencies (DCAs). The business debt collection laws protect them. Like the Fair Debt Collection Practices Act, the U.S.

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Recommendations for Debt Collectors Working from Home

Nexa Collect

You should discuss these points with the compliance superior of your collection agency. Since collection agencies fall under GLBA laws, they are subjected to the same strict laws as large financial institutions like banks. Here are suggestions that will help you maximize your compliance.

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CFPB Annual Report on FDCPA Activities (2024)

Burt and Associates

Rising Consumer Debt and the Collection Industry’s Expanding Reach The rise in non-housing consumer debt has reached record highs, partly driven by inflation and the increased use of credit cards. For debt collection agencies, this means more business—and potentially more consumer complaints.

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CFPB Annual Report on FDCPA Activities (2024)

Burt and Associates

Rising Consumer Debt and the Collection Industry’s Expanding Reach The rise in non-housing consumer debt has reached record highs, partly driven by inflation and the increased use of credit cards. For debt collection agencies, this means more business—and potentially more consumer complaints.