American Profit Recovery

NOVEMBER 23, 2022

There is a lot of important work done by reputable and professional debt collectors daily in this country. This work helps the overall economy, consumers that may be struggling with ongoing debt, and small businesses struggling to meet payroll and other expenses. billion to creditors.

Collection Agencies 130

Collection Agencies Collections Agency Collections Debt collector 130

American Profit Recovery

APRIL 9, 2021

Some restrictions can reduce credit to consumers. Collection laws and regulations are in place for a reason. They are there to protect the consumer. There have been laws that have been proposed over time that can severely restrict the way a creditor or a third party can conduct collection activity.

Consumer Credit 157

Consumer Credit Collections Debt collector Collections Agency 157

Jimerson Firm

DECEMBER 14, 2021

Businesses throughout Florida should be aware of consumer statutes that provide remedies to consumers and impose liability to businesses, even for small technical violations. The FDCPA prohibits debt collectors from making false or misleading representations and from engaging in various abusive and unfair practices.

Debt collector 105

Debt collector Fair Debt Collection Consumer Collections Legal Rights 105

Burr Forman

APRIL 23, 2021

In a decision that could throw the debt-collection industry into turmoil, on April 21, 2021, the Eleventh Circuit Court of Appeals released its opinion in the case Hunstein v. Preferred Collection & Mgmt. Compumail used this information to create, print, and mail a dunning letter to the consumer.

Debt collector 52

Debt collector Third-party Debt Collectors Creditors Collections 52

American Profit Recovery

NOVEMBER 2, 2022

Payment plans allow the consumer to get on with their lives and even continue to do business with the creditor that has not been paid. And most collection agencies understand that demanding full payment from a consumer, will only cause that consumer to end up in collections once again.

Collections 130

Collections Collection Agencies Collections Agency Debt collector 130

Troutman Sanders

NOVEMBER 8, 2023

Ultimately, the plaintiff filed for chapter 7 bankruptcy protection, listed the defendant as an unsecured creditor, and obtained a discharge of her debt. After receiving notice of representation, the defendant sent five billing notifications to the plaintiff and made six telephone calls attempting to collect on the $5 monthly payment.

Creditors 52

Creditors Chapter 7 bankruptcy Unsecured Creditor Debt collector 52

Credit Management Company

JANUARY 25, 2022

Agencies work on a contingency basis - they only get paid when the debt has been collected. However, a commercial collection agency is unlike a consumer collection agency. You might be wondering which restrictions apply to commercial collection firms and agents. The end-target is different.

Commercial Collection 52

Commercial Collection Collections Collection Agencies Collections Agency 52