Taurus Collect

FEBRUARY 27, 2023

This usually happens after you’ve received multiple warnings from your creditor. If you still don’t pay, the debt may be sold to a third-party collection agency. At this point, you may be subject to legal action, including wage garnishment or seizure of property. Read on to learn more.

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Collections Law

FEBRUARY 12, 2021

Litigation on the other hand, is just like any other bad debt recovery suit, except the basis of the suit is not for goods sold or services rendered but rather to enforce the foreign judgment. Wage Garnishments. Turn to the Experienced B2B Debt Recovery Lawyers at the Law Offices of Alan M.

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Stevens Lloyd

AUGUST 17, 2018

Through the use of advanced debt recovery practices and their experience in the Aviation Industry, The Stevens-Lloyd Group recovered the whole amount which the debtor owed to GM Air $146,588.32. They can send liens, garnishments, and lawsuits after getting a court order against the debt defaulters. to free the aircraft.

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Better Credit Blog

APRIL 1, 2022

Transworld Systems, Inc (TSI) is a well-known debt collection agency in the United States that works with individuals, large companies, and organizations to assist them in debt recovery and past due accounts. Other complaints claim TSI threatened wage garnishment or property seizure, both of which they could not do.

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Stevens Lloyd

JULY 30, 2018

Due to the skyrocketing ratio of import/export trade worldwide, it is imperative for creditors in the U.K. and worldwide to obtain information pertaining to debt recovery in the United States. Due to the nature of their business, debt collection agencies are regulated by federal and state law.

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Stevens Lloyd

SEPTEMBER 27, 2018

At the Stevens-Lloyd Group, in addition to utilizing our unique blend of incorporating phone calls, strong written communication skills and litigation, we also utilize more advanced debt collection techniques. These include Writs of Execution, Bank levies, and Wage garnishments. Recovering Debt from a Judgment Debtor.

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Debt RR

AUGUST 3, 2020

What Do Commercial Debt Collection Agencies Do? Debt collection agencies are organizations that attempt to collect debt on behalf of other businesses. A commercial debt collector works exclusively with B2B creditors that need to collect past due payments from other businesses. How Long Can a Debt be Pursued?

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Taurus Collect

AUGUST 15, 2023

Improved Cash Flow: With a team of experts handling your debt collection, you can expect a faster recovery of overdue payments, leading to improved cash flow and a healthier balance sheet. Reduced Legal Risk: Debt recovery collection agencies are adept at navigating the legal landscape of debt recovery.

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Taurus Collect

JANUARY 23, 2023

This provides a much-needed financial resource for people struggling with debt and helps reduce the amount of money owed over time. Secondly, during tax season, many creditors will offer incentives and discounts to encourage individuals to repay their debt. Send your concerns to enquiries@tauruscollections.com.

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Taurus Collect

JANUARY 24, 2023

But while it can be exciting to think about that refund cheque hitting your bank account soon, there’s another equally pressing reason why you should pay attention this tax season – debt collection! These companies typically employ several tactics in order to recover debt, including phone calls, emails, letters, and even legal action.

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Collection Industry News

MAY 9, 2023

By identifying these assets, you can explore avenues for garnishment, liens, or other means of debt recovery. Wage garnishment can be an effective strategy if you can locate their employer. One significant aspect of the enforcement process involves locating assets belonging to the judgment debtor.

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Collections Law

APRIL 1, 2020

As we have helped and represented numerous foreign judgment creditors over more than three decades, we have a sound understanding of the procedural rules and Massachusetts law pertaining to foreign judgment enforcement. Being proactive and proficient, our attorneys aggressively work to collect our clients’ debt.

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Better Credit Blog

APRIL 1, 2022

If you’re unable to pay your original creditor, your debt may pass to a debt recovery agency, earning a collection letter and possibly a stain on your credit report. It’s perfectly legal and proper to make this request, generally called a Debt Validation Letter. The company may lack data related to the debt.

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Debt RR

DECEMBER 13, 2019

Creditors usually send several notices prior to filing a complaint with the court. In fact, the creditor will need to show the court its attempts at collecting the debt and its notice of intent to sue in order to prove its case. There are two other conditions that must be met for a creditor to serve papers on a debtor.

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Debt RR

MAY 8, 2020

Those collection activities can even include wage garnishments for sole proprietors or tax liens for both individuals and businesses. If a business or sole proprietor fails to pay their taxes for several years in a row, this statute of limitations applies until the last tax debt is paid or reaches the limitations. Subordination.

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