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Can Debt Collectors Make Contact Through Social Media?

Direct Recovery

Getting hassled about an outstanding collection account over social media is the last thing any consumer wants to deal with. Still, many collection agents argue that it is the most productive means of communication in 2022. Consumers also have the option to opt out of any form of communication with a debt collection agency.

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5 Things a Commercial Debt Collection Agency CANNOT Do to Help You

Direct Recovery

That means that anything that is too far gone for you to collect on your own is also going to be too far gone for a commercial debt collection agent to pursue. The post 5 Things a Commercial Debt Collection Agency CANNOT Do to Help You appeared first on Direct Recovery.

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The Economic Impacts of the Debt Collection Industry

Credit Management Company

Like any business, debt collectors pay a variety of local, state, and federal taxes based on their profits. According to a survey from ACA International’s Ernst & Young , the federal government collected $852 million in taxes from the industry in 2016. Debt Relief. Collection efforts are not a zero sum game.

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FDCPA: 6 Things to Know About Regulation F

The Kaplan Group

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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Top 6 Complaints Against Debt Collection Companies

National Service Bureau

Of these, 239 involved medical collections and another 240 involved student loans. Debt collection companies who deal in healthcare collections are governed by the Health Insurance Portability and Accountability Act and its “privacy rule” for Protected Health Information (PHI). Government. Did you know that.

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How Tax Season Affects Debt Collection

Taurus Collect

When you get a tax refund, the money can be used to help you catch up on any outstanding debt payments or even pay off some of your debts entirely. Depending on how much money you receive from the government, you might even be able to pay off a large portion of your total debt balance in one go.

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Why Every Lawyer And Client Should Be Fighting To Stop The "Meaningful Attorney Involvement" Doctrine From Spreading

FDCPA Defense

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.” Clomon and Avila thus did not involve letters “from” an attorney. 3d 283 (D.N.J.

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