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Banks hire 100’s of Debt Collection Agents ahead of Covid Loan repayments

UK debt collections

The UK’s four largest banks are said to have hired over 750 new Debt Collection staff to their debt recovery units in a major challenge facing them. Some banks were accused of employing heavy handed and aggressive debt collection practices. “We

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Debt Collection Process: Using a Revenue Recovery Service

Nexa Collect

Your collection agency will analyze your contract(s) and see where the breaches have occurred, if there are potential penalties or incentives that might be used to motivate the debtor to pay, and even help you better understand how to protect yourself in the future.

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Debt Awareness Week: Why early engagement is the best first step

CSA

with the government endeavoring to provide support with some of the most extensive state finance and welfare interventions in British peacetime history. The CSA continues to do what we can to dispel the misconceptions around debt collection and to reassure customers through our #heretohelp campaign and other initiatives ?

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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.