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Average Recovery Rate of a Collection Agency

Nexa Collect

An average collection agency will recover about 20% of the total debt assigned. Here are the most important factors which decide how much a collection agency will collect for you: 1. Debtors are less likely to pay when they feel threatened. Some clients may get a 100% recovery rate, for others it could very well be 0%.

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Dudley Resources – Your Funding Source for Debtor Payments and Settlements

Collection Industry News

Our comprehensive services cater to businesses dealing with debtor companies or surplus inventory. Case Study: Machinery and Equipment Liquidation At Dudley Resources, we understand the urgency businesses face when dealing with debtor companies and the need for rapid machinery and equipment liquidation.

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Undisputed Facts in Your Debt Collection Case? Think Summary Judgment.

FFGN COLLECT NY

Whether the defenses raised by the debtor are valid or not, a debtor defending a debt collection case can delay collection. A debtor can buy themselves time just by filing an answer to the summons and complaint. The debtor’s defenses were general in nature. Think Summary Judgment.

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Debt Collection Settlements: Can Parties Include Terms for Future Deals

FFGN COLLECT NY

An issue that comes up time and time again in debt collection settlements is whether parties can continue doing business together even though the creditor has placed the account for collection. Now that a debt collection attorney is involved, can the parties move forward and conduct new business? Each got what they wanted.

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Will Your Non-Paying Customer Give Up Possession of Goods Not Paid For?

FFGN COLLECT NY

The debtor bought 45 truckloads of furniture from now-defunct restaurants and hired our client to pick up, move, and store the goods. The client performed their portion and then the debtor stopped paying. And, if the debtor was not paying , they might be able to sell the goods and artwork for far more than they were owed.

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How a Debt Collection Agency Can Help Your Cash Flow

Credit Management Company

Everything from waste and inefficiency to poor sales and conversions can cause this problem, but the failure of clients or customers to pay what they owe is a unique issue with a clear and effective solution: professional debt collection. Types of Businesses that Benefit from Debt Collection.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On November 2, the Federal Housing Administration (FHA) announced its publication of updated appraisal requirements for valuation of certain manufactured homes. On November 8, California’s Department of Financial Protection and Innovation (DFPI) announced it was seeking comments on the state’s Debt Collection Licensing Act (DCLA).