Remove Collection Agent Remove Fair Debt Collection Remove Garnishment
article thumbnail

How To Deal with Debt Collectors When You Can’t Pay

Better Credit Blog

Regardless of what a debt collector might tell you, you have a lot of rights when it comes to how debt can be collected. In fact, merely mentioning that you understand your rights will, many times, stop debt collectors in their tracks. Your rights come from the Fair Debt Collection Practices Act (FDCPA).

article thumbnail

Best Practices for Call Baiting in Debt Collection

PDC Flow

The term call baiting may seem self-explanatorybaiting a debt recovery professional during a phone call. But what are they baiting the agent to do? This can be a Fair Debt Collection Practices Act violation, or violation of other laws or regulations which pertain to debt collectors. Why Do People Call Bait?

article thumbnail

Commercial Debt Collection for Businesses – 2023 Guide

Direct Recovery

In most cases, some qualifications and credentials will be required to distinguish that you are working with a reputable collection agent. Reasons Businesses Hire Debt Collectors Most businesses that hire commercial debt collectors do so to pursue non-payment of invoices and outstanding balances.