Taurus Collect

MAY 12, 2024

In the realm of debt recovery, the “ no collection no fee ” debt collection strategy stands out as a beacon for ethical practice. Clear Communication and Transparency In adopting a no cure no pay debt collection model, a commitment to clear communication and transparency becomes paramount.

Debt Recovery 69

Debt Recovery Collections Collection Agencies Collections Agency 69

Taurus Collect

JULY 29, 2024

Managing debt collection fees can be a daunting task for any business. An ineffective credit and collections process not only increases these fees but can also strain relationships with customers. This blog post will guide you through simple steps to completely overhaul your credit and collections process.

Collections 69

Collections Startups Collection Agencies Collections Agency 69

Collections Law

JULY 1, 2020

You’ve tried everything in your power, but the debtor doesn’t respond or keeps making excuses to buy more time. The experienced collection attorneys at the Law Offices of Alan M. Collection agencies are passive organizations that make the same effort you were making before you brought them on board. The Law Offices of Alan M.

Mechanic’s Liens 52

Mechanic’s Liens Debt Recovery Collections Judgment 52

PBWT

AUGUST 16, 2022

In an adversary proceeding, the collective owners of the Makaha Valley Country Club , golf courses, surrounding undeveloped land, and other related assets (the “Owners”) avoided obligations undertaken in connection with a loan extension provided by Tianjin Dinghui Hongjun Equity Investment Partnership (the “Lenders”).

Debtor 65

Debtor Construction Collateral Lender 65

Taurus Collect

SEPTEMBER 18, 2023

Have you ever grappled with the challenge of debt collection in Derby? In this post, we delve into the nitty-gritty of writing an effective debt collection letter, a crucial tool in your arsenal for managing your receivables and maintaining positive cash flow. Document everything: Keep a record of all communication with the debtor.

Collections 52

Collections Debt Recovery Collection Agencies Collections Agency 52

Fraser

JULY 21, 2020

What’s worse—and which often comes as a big surprise—is when a business gets sued by the debtor or bankruptcy trustee seeking to recover payments made by the debtor before the bankruptcy. The SBRA created a new “subchapter V” to Chapter 11 of the Bankruptcy Code , which provides small business debtors an easier path through bankruptcy.

Creditors 56

Creditors Bankruptcy Debtor Construction 56

Fraser

JUNE 25, 2020

The petition date is the date on which a debtor files a chapter 11 bankruptcy proceeding. The debtor is required to serve all known creditors with notice of the commencement of the chapter 11 case. In order to participate in the distribution of the debtor’s assets to satisfy pre-petition claims, a creditor must have a valid claim.

Creditors 72

Creditors Bankruptcy Unsecured Creditor Debtor 72

FFGN COLLECT NY

OCTOBER 4, 2022

That can be especially true when it comes to collecting accounts receivables. The acquiring company may quickly discover existing issues that may prevent them from collecting receivables in part or in whole. Improper billing is very common across all industries–whether it’s medical, construction, insurance, or other.

Acquisition 52

Acquisition Collections Construction Debtor 52

National Service Bureau

SEPTEMBER 2, 2015

If you’re a collection agency or creditor in New York, you need to be keeping an eye out for Senate Bill 3803. This bill was introduced to the state senate in February of this year, and the crux is that if approved, debt collectors would be prohibited from using social media to contact debtors. Who Does This Affect?

Collections 40

Collections Debt collector Debtor Collection Agencies 40

Collections Law

AUGUST 11, 2020

Whether you operate in or outside Massachusetts, if your customer to whom you had provided goods or rendered services on credit is located in Massachusetts and is not paying off your debt, then get in touch with our experienced and aggressive debt collection lawyer, Alan M. Cohen, today. With us, the Law Offices of Alan M.

Judgment 52

Judgment Debtor Construction Lawyers 52

UK debt collections

NOVEMBER 24, 2022

Those that have insurance in place can safeguard against this and ensure they have the support needed to legally and constructively navigate any issues that might arise.”. Debt Collection for Unpaid Rent Arrears. Absconded and unruly tenants make for difficult debtors. Paymentshield.

Construction 59

Construction Debtor Collections 59

FFGN COLLECT NY

JUNE 24, 2020

The debtor responds saying they will pay but again doesn’t. An account stated is a demand by a creditor to a debtor for all amounts owed from transactions between parties as of a certain date. The debtor promised to pay the amount stated. You fax the borrower a letter demanding payment of the $100,000.00 plus interest.

Debtor 52

Debtor Creditors Construction Collections 52

Collections Law

MAY 7, 2021

If you are in the construction industry and are providing labor or materials for labor for a given job or property, it is imperative that you are paid on time and in full. The experienced mechanic’s lien debt collection lawyers at the Law Offices of Alan M. The mechanic’s lien collection attorneys at the Law Offices of Alan M.

Mechanic’s Liens 52

Mechanic’s Liens Construction Lawyers Collections 52

Jimerson Firm

DECEMBER 22, 2022

As a general contractor, subcontractor, or supplier, you have likely experienced problems collecting final payment from your customer. Like many issues in construction, accord and satisfaction is complicated, and depends largely on the language in your contract and the final payment check. Should you deposit that check?

Debtor 52

Debtor Creditors Construction Trade 52

Fraser

SEPTEMBER 28, 2020

If you’re owed money by a bankrupt debtor, you likely have to file a claim. A creditor must take care to ensure that the claim amount listed on the debtor’s schedules is accurate and the claim is scheduled against the right debtor (in cases involving more than one debtor entity). Do You Have to File a Claim? Walton, Jr.’s

Bankruptcy 52

Bankruptcy Creditors Debtor Construction 52

UK debt collections

JANUARY 6, 2023

over budget by the end of the current financial year, a situation worsening as construction costs rise and energy bills soar. A spokesman for Denbighshire County Council said: “Denbighshire County Council has a robust process for the collection of debt. General Debtors. Housing Benefits Overpayments. 2018/19 – £68,494.26.

Construction 59

Construction Debtor Collections 59

Collections Law

NOVEMBER 9, 2020

If you are a contractor, subcontractor, or supplier of materials for construction jobs, you deserve proper compensation for your labor and/or materials. Cohen LLC have over 35 years of e experience in preparing, recording, litigating and collecting on mechanic’s liens in Massachusetts. Cohen LLC can put together for you.

Mechanic’s Liens 52

Mechanic’s Liens Debt Recovery Construction Contract Enforcement 52

Consumer Financial Services Law

JANUARY 22, 2021

Background The case arose from four separate chapter 13 bankruptcy cases in which the debtors sought to regain possession of their vehicles from the City of Chicago, which had seized and impounded the vehicles prepetition due to unpaid parking tickets and similar traffic fines. The case, City of Chicago v. Fulton, No. 11 U.S.C. § 11 U.S.C. §

Bankruptcy 40

Bankruptcy Chapter 13 bankruptcy Construction Debtor 40

Taurus Collect

MARCH 5, 2024

Engaging with a debt collections service is a crucial step towards managing and settling outstanding debts. This article aims to demystify the consequences of overlooking debt collectors and to provide insights into how debt collection services operate within the UK’s legal framework.

Debt collector 52

Debt collector Asset liquidation Debtor Education 52

National Service Bureau

SEPTEMBER 22, 2015

Improving your system of accepting and managing receivable accounts will help you to collect revenues more quickly, and will minimize your organization’s propensity to lose money to bad debt. Each state has different rules and regulations surrounding collections procedures. These are important parts of pre-collection programs.

Collection Agencies 40

Collection Agencies Collections Agency Debtor Construction 40

The Creditors Rights

AUGUST 2, 2016

In 2014 the Eleventh Circuit held that a debt collector violates the Fair Debt Collections Practices Act when it filed a proof of claim in a chapter 13 case on a debt that it knows to be time-barred. 1692f, to collect a debt. A debt collector who violates these proscriptions faces civil liability to the debtor. Crawford v.

Debt collector 40

Debt collector Fair Debt Collection Bankruptcy Creditors 40

Troutman Sanders

MAY 5, 2021

Section 1692c(b) of the FDCPA prohibits a debt collector from communicating with most third parties “in connection with the collection of any debt” unless it has the consumer’s consent. A debt collector is subject to liability for all other third-party communications “in connection with the collection of any debt.”

Debt collector 52

Debt collector Fair Debt Collection Collections Construction 52

Consumer Financial Services Law

DECEMBER 30, 2020

The Sixth Circuit recently weighed in on whether there is a “benign language” exception to Section 1692f(8) of the Fair Debt Collection Practices Act (the “FDCPA”). American Collections Enter., In Donovan v. FirstCredit, Inc., 20-3485, 2020 U.S. LEXIS 39798 (6 th Cir. 3d 488, 493 (5 th Cir. at *16 (internal citations omitted).

Debt collector 40

Debt collector Fair Debt Collection Construction Debtor 40

Sawin & Shea

MARCH 27, 2024

This form of bankruptcy differs from Chapter 13, which involves the evaluation of your current income to construct a three-to-five-year debt reorganization plan. When you file a Chapter 7 petition, you’ll receive an automatic stay protecting you from lawsuits and other collection efforts.

Chapter 7 bankruptcy 52

Chapter 7 bankruptcy Bankruptcy Chapter 13 bankruptcy Creditors 52

Nexa Collect

APRIL 11, 2021

The debt collection industry has been through one of its most difficult periods in modern history, and the recovery looks slow and prolonged. Performance of Collection Agencies during Covid-19 Pandemic. Economic downturns create a huge opportunity for the debt collection industry.

Collections 130

Collections Collection Agencies Collections Agency Construction 130

Burr Forman

DECEMBER 4, 2020

Financial institutions, servicers, lenders, and debt collectors must stay up-to-date on evolving federal and state laws stemming from the COVID-19 pandemic, as such laws impact all facets of consumer loan servicing and debt collection. In March of 2020, Burr published an article discussing the global pandemic’s impact on collection practices.

Financial Institution 52

Financial Institution Garnishment Collections Foreclosure 52

Katabat

MAY 25, 2021

If you were on the receiving end of a collection action, which would you prefer? The power is in using something like text messaging to not harass, but to harness the innate power of text messaging to create a relationship with the debtor. But there is plenty of research—and simple reality—to this trend.

Construction 52

Construction Debtor Collections 52

Troutman Sanders

MAY 17, 2021

House of Representatives passed the Comprehensive Debt Collection Improvement Act, a collection of bills intended to reform how debts are collected. On May 13, the Nevada Financial Institutions Division (NFID) extended its temporary guidance allowing employees of licensed collection agencies to work from home through July 31.

Financial services 52

Financial services Foreclosure Collection Agencies Collections Agency 52

ABI

FEBRUARY 26, 2025

LLC ), the United States Court of Appeals for the Ninth Circuit found that thepresumption that a debtor has the requisite mens rea the intent to defraud his creditorswas properly inferred from the mere fact that he operated a business entity that met the objective elements of a Ponzi scheme. [1] Rund ( In re Epd Inv. 1] Jerrold S.

Chapter 7 bankruptcy 40

Chapter 7 bankruptcy Bankruptcy Lender Creditors 40

Collection Industry News

OCTOBER 3, 2022

A bankruptcy case differs from ordinary civil litigation because it is a framework within which the court resolves a wide variety of disputes that precede the closure of the bankruptcy case after confirmation of a plan, discharge of the debtor following administration of its nonexempt assets, or dismissal. 28 U.S.C. § 28 U.S.C. §§ 157(c).

Bankruptcy 40

Bankruptcy Judgment Debtor Government 40