Taurus Collect

JUNE 12, 2023

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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Nexa Collect

JUNE 24, 2023

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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Debt collector Collection Agencies Collections Agency Debtor 100

Nexa Collect

AUGUST 6, 2020

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? If you’ve never sent debt to collections before, the process may seem daunting.

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Burt and Associates

OCTOBER 31, 2024

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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Burt and Associates

OCTOBER 31, 2024

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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Collection Industry News

DECEMBER 4, 2022

If you’re not aware of the Fair Debt Collection Practices Act, and you’re not aware of your rights as a consumer, it would be very easy for a scammer to conjure up all kinds of scenarios that would frighten you out of your mind,” McClary said. Request a debt validation letter. Negotiate existing debts.

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Debt RR

SEPTEMBER 27, 2020

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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