Debt RR

SEPTEMBER 27, 2020

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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Taurus Collect

JUNE 12, 2023

Generally, the statute of limitations ranges from three to ten years, and once it has expired, the debt is considered “time-barred” and the collection agency can no longer legally collect on it. However, there are alternatives to court that can help you settle your debt.

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Collection Industry News

DECEMBER 4, 2022

If you’re not aware of the Fair Debt Collection Practices Act, and you’re not aware of your rights as a consumer, it would be very easy for a scammer to conjure up all kinds of scenarios that would frighten you out of your mind,” McClary said. Keep good records of past debts. Know your rights.

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Taurus Collect

FEBRUARY 1, 2024

A debt collector might sound like a character from a Charles Dickens novel, but if you’ve been contacted by one, you know they’re very much a reality of modern financial life. So, what exactly is a debt collector? What Is a Debt Collector? However, they may still try to recover the debt through communication with you.

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Collection Industry News

MARCH 8, 2021

Illegal activities included harassing phone calls, bogus threats of arrest or lawsuit, and violations of other provisions of the Fair Debt Collection Practices Act. In many cases, consumers didn’t even owe the debts. Get “validation” information about the debt. Check with the original creditor.

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Better Credit Blog

NOVEMBER 24, 2020

ACS Inc is a collection agency that works with lenders and creditors to recover payments on defaulted loans or unpaid bills. In order to legally collect on your debt, they must first open a collection entry on your credit report. Keep reading for our full guide on how to accomplish this.

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Burt and Associates

OCTOBER 31, 2024

Recent enforcement actions have targeted collection agencies that misrepresented attorney involvement, attempted to collect on debts without adequate documentation, or pursued no longer legally collectible debts.

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