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FTC Sues Perpetrators of Phantom Collection Scheme

Account Recovery

Don’t look now, but there was an enforcement action involving a debt collection company announced by a federal regulator. Additionally, the complaint highlights that the defendants impersonated existing businesses, violating the FTCs Rule on Impersonating Government and Businesses. Learn more.

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Why It’s Important to Set Aside and Save Your Collection Letters

Sawin & Shea

Creditors are governed by the Fair Debt Collection Practices Act. As such, they’re required to only send collection letters that are truthful, correct, not misleading, and do not provide false information. Many collection companies, however, skirt these rules and do not comply.

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What Debt Collectors Can and Cannot Do in Indiana

Sawin & Shea

Businesses or individuals who collect debts on behalf of others are known as debt collectors. The majority of debt collectors work for reputable collection companies. Doctors, hospitals, shops, mail-order businesses, and occasionally banks and loan firms all use collection agencies. False Statements.

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How to Stop ARS National Services

Debt Collection Answers

The Fair Debt Collection Practices Act (FDCPA) and other laws provide you with rights and protections that you can use to fight back against such behavior. When dealing with a debt collector like ARS National Services, confirming that the debt is yours is important. What is Associated Recovery System Collection?

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How will Hunstein v. Preferred Collection & Mgmt. Impact The Collections Industry?

Credit Management Company

Everyone in the debt collection industry is familiar with the Fair Debt Collections Practices Act (FDCPA). Reputable collections agencies willingly follow these rules and treat patients with compassion and respect. Preferred Collection and Management Services, Inc. Now the FDCPA is in the news again.

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3 Tips for Hiring a Debt Collection Agency

National Service Bureau

Choosing the right debt collection agency is an important decision that can have both positive and negative repercussions for your business. With that in mind, here are three tips to choose the right collections company to manage your accounts receivable. Research the Company. Do they have insurance? Compare Costs.

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Hot to Remove Credit Collection Services From Your Credit Report

Better Credit Blog

Harassing calls from a debt collection company tends to trigger a range of unpleasant emotions, from anxiety, fear, anger, frustration, and beyond. The Federal Trade Commission or FTC enforces these rules, collectively known as the Fair Debt Collection Practices Act and prevents debt collectors from harassing you.