Account Recovery

MARCH 4, 2025

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.

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National Service Bureau

APRIL 6, 2015

Debt collection companies walk a fine line between business efficiency in their primary function (accounts receivable management), while at the same time needing to respect the fact that the debtor is a valuable client to the business for whom they are running collections. 5: Improper contact or sharing of information.

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Credit Corp

NOVEMBER 15, 2020

If the debt is yours and you continue to ignore debt collections, you might face wage garnishment or a lawsuit. Though you shouldn’t have to take calls at unreasonable times or on holidays, if you owe a debt, you may want to work with the collection company and consider how you can pay it to avoid other negative consequences. .

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Debt collector Creditors Fair Debt Collection Garnishment 119

Better Credit Blog

APRIL 3, 2022

Having a debt collection company on your credit report could pull down your credit score by as much as 100 points — if you had excellent credit to begin with. For example, Portfolio Recovery Collection cannot: Threaten you with criminal action: Debt in the United States doesn’t go through the criminal court system.

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Taurus Collect

JANUARY 24, 2023

But while it can be exciting to think about that refund cheque hitting your bank account soon, there’s another equally pressing reason why you should pay attention this tax season – debt collection! These companies typically employ several tactics in order to recover debt, including phone calls, emails, letters, and even legal action.

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Sawin & Shea

JULY 20, 2022

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. Unfairness.

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Credit Corp

NOVEMBER 21, 2021

If the debt is yours and you continue to ignore debt collections, you might face wage garnishment or a lawsuit. If you owe a debt, you may want to work with the collection company and consider how you can pay it to avoid other negative consequences. Your credit score and credit report can also take a hit.

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