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Next to Nothing: How to Tamp Down Your Accounts Receivable

NCBA Law Practice Management Blog

The reason your accounts receivable are high, is the same reason every other process in your law firm is relatively untamed: because you don’t apply systems to managing your business. Everything in your law firm should be systematized. Collect on those stale invoices first, work on everything else after.

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Can The CFPB Make Debt Collectors Reveal Their Attorney-Client Privileged Documents?

FDCPA Defense

The CFPB claims to have the right to obtain privileged documents from all “supervised institutions” as well as from any “service provider” (such as a law firm or collection agency) who performs material services for a supervised institution. The answer may depend on who you ask. See, e.g., Hunt v. Blackburn , 128 U.S.

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The Limits On Direct And Vicarious Liability Under The FDCPA

FDCPA Defense

Debt buyers are being sued based on the conduct of their agencies and law firms. Lawyers and agency owners are being sued based on the conduct of their clients and their collectors. 2000) (“[T]he debt collection company answers for its employees' violations of the statute. See Pettit v. 3d 1057, 1059 (7th Cir.

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Concerns over prohibition against debt collection service

Collection Industry News

104/2007/ND – CP, which is prohibited under the Investment Law 2020, lawyers and law firms are able to practice debt collection as a professional field. However, approaches to recover debts between lawyers and collecting firms are obviously different. 104/2007/ND-CP.