Collection Industry News

OCTOBER 19, 2020

Every month, my company receives a long list of creditors, lawyers, collection agencies, and other businesses that were sued under the FDCPA regulations. This list is just a small fraction of companies that settled with litigant lawyers making demand due to one or several infractions.

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Collection Industry News

JUNE 12, 2023

Here are some effective ways to attract clients as a collection agency: 1. Establish connections with individuals and businesses that can refer clients to your agency, such as attorneys, financial institutions, credit bureaus, or other professionals in the debt recovery field. appeared first on Collection Industry News.

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FDCPA Defense

APRIL 17, 2019

Few things are more fundamental in the law than the principle that a lawyer owes a duty of loyalty to the client, a duty to be vigorous advocate within the bounds of the law, and a duty to maintain the client’s confidences and preserve the attorney-client privilege. Your law firm is also named a defendant.

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Debt RR

AUGUST 27, 2021

When the traditional letters, phone calls, and negotiations fall short, it may be time to consider filing a debt collection lawsuit against your customer. You may have already hired a third-party collection agency, which has recommended litigation as your best option for collection after their own collection efforts proved unsuccessful.

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BN Lawyers

OCTOBER 23, 2020

Originally founded in 1993, the National Creditor Bar Association is dedicated to serving law firms engaged in the practice of creditors rights law. Its founder, Don Kramer, was a friend and mentor to lawyers across the United States. is a national law firm based in Austin, Texas with offices across the United States.

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Credit Corp

JUNE 3, 2020

The company, creditor or collection agency has legal ways to pursue payment. Speak with a bankruptcy lawyer to learn whether this will help your situation. John C Heath, Attorney at Law, PC, d/b/a Lexington Law Firm is an independent law firm that uses Progrexion as a provider of business and administrative services.

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The Kaplan Group

JULY 15, 2021

They may consider having an attorney send a demand letter before turning it over to collections. Paying an attorney for an hour or two to write a letter is less expensive than a collection agency contingency fee. Most companies don’t have a lawyer send a demand letter.

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FFGN COLLECT NY

FEBRUARY 10, 2021

The internet is awash with ads for collection agencies that promise to obtain money for you, but their harsh and aggressive collection techniques could reflect badly on your business. That’s why it’s important to hire a reputable collection attorney that knows how to collect B2B debt properly.

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FDCPA Defense

FEBRUARY 20, 2012

The CFPB claims to have the right to obtain privileged documents from all “supervised institutions” as well as from any “service provider” (such as a law firm or collection agency) who performs material services for a supervised institution. The answer may depend on who you ask. See, e.g., Hunt v. Blackburn , 128 U.S.

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Better Credit Blog

AUGUST 31, 2020

It is enforced by the Federal Trade Commission , a federal agency that protects consumers and maintains fair competition in the marketplace, including debt collection attempts. The law specifically limits how and when collections agencies can contact you, and it allows you to dispute debts.

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The McHughes Law Firm

AUGUST 29, 2016

Correspondence from a collection agency often end up in the trash unread, but a letter from a debt collection attorney is more likely to prompt action by the debtor. The average consumer is far more likely to be responsive when contacted by a lawyer than by a collection agency. or after 9 p.m.

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The Kaplan Group

NOVEMBER 10, 2021

If the dispute escalates to the point of legal action, your lawyer can use this documentation to build their case. Consider Outsourcing Your Debt Collections Professional commercial debt collection firms can help you preserve your business reputation by creating a degree of distance between you and the client.

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Collections Law

JULY 1, 2020

Collection agencies are passive organizations that make the same effort you were making before you brought them on board. At the end of the day, a collection agency will collect only low-hanging fruit and tell you that there is nothing more that they can do to help you. Why Hire a Collections Attorney?

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FDCPA Defense

MAY 11, 2017

What exactly must a collection attorney do to ensure they are “meaningfully involved” in a file before sending a collection letter to a consumer? What steps must an attorney take to be “meaningfully involved” when filing a collection lawsuit? 2005), the letter was on the law firm letterhead, but was not signed by any attorney.

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FDCPA Defense

JANUARY 28, 2012

Debt buyers are being sued based on the conduct of their agencies and law firms. Lawyers and agency owners are being sued based on the conduct of their clients and their collectors. Even original creditors, who are not subject to the FDCPA, are being drawn into FDCPA litigation under various theories of recovery.

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