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Massachusetts debt collection laws: What do business owners need to know?

Collections Law

Cohen & Associates LLC, our commercial collections lawyers have more than 50 years of combined experience. They have dedicated their practice to collecting commercial debts in Massachusetts. It sets the standard for ethical collection methods. Massachusetts Fair Debt Collection Practices Act (MGL c.93,

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Business Debt Collection Laws and their Connection to Commercial Debt

Debt RR

Although commercial debtors do not enjoy the same level of protection as consumer debtors do, this does not mean they are left at the mercy of creditors and debt collection agencies (DCAs). The business debt collection laws protect them. Like the Fair Debt Collection Practices Act, the U.S.

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Who Should Use Commercial Debt (B2B) Collections?

Credit Management Company

After speaking with colleagues, you were told about the possibility of commercial debt collection agencies taking over. This is known as business-to-business debt, these firms specialize in debt recovery owed by businesses. This type of debt collection can be hard to understand at first.

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California Expands Rosenthal Act to Cover ‘Small Business’ Debt Collection

Collection Industry News

Gavin Newsom recently signed SB 1286 amending the Rosenthal Fair Debt Collection Practices Act’s coverage to certain commercial debt. Prior to this amendment, the RFDCPA’s restrictions applied only to certain debt collectors and creditors collecting consumer debt. California Gov.

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A Comprehensive Overview of How Commercial Debt Collection Agencies Work

Debt RR

Depending on the nature of the debt and how communicative the debtor is (or isn’t), commercial debt collectors can employ other tactics like investigating other debt and performing a skip trace on the owner to establish contact. What Happens to Debt that is Sold to a Commercial Collection Agency?