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Aggressive to Amicable: The Changing Face of Debt Collection

Nexa Collect

We have seen Hollywood movies like “Uncut Gems” and “Revolver” , which portray debt collectors as intimidating and dangerous figures. They are now more likely to recognize and challenge any violations of the Fair Debt Collection Practices Act (FDCPA), which prohibits aggressive and abusive collection tactics.

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The Rise of Mobile Payment Solutions in Debt Collection

Nexa Collect

Debt collection has traditionally been viewed as a cumbersome and often stressful process. However, the advent of mobile payment solutions has revolutionized the industry, offering both debtors and creditors a seamless and efficient method to manage debt repayment. Debtors can settle debts instantly from anywhere.

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Professional Life of a Debt Collector

Nexa Collect

The professional life of a debt collector involves communicating with individuals and businesses to collect payments on overdue bills, loans, or other financial obligations. Communication Skills : Debt collectors need excellent communication skills to effectively convey information and negotiate with debtors.

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Compliance Digest – March 10

Account Recovery

ROBBIN LAW: After the New York Attorney General Letitia James (NYAG) recent crack downs on debt collectors violations of New Yorks Exempt Income Protection Act (EIPA), the NYAG has provided debtors with a guide on their rights under the EIPA. More details here. WHAT THIS MEANS, FROM JACQUELYN DICICCO OF J.

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BK Appeals Court Overturns Attorney’s Fee Award Over Time-Barred Claims

Account Recovery

The Bankruptcy Appellate Panel, Ninth Circuit, has overturned a bankruptcy’s court ruling that awarded a debtor attorney’s fees after a debt collector filed proofs of claim that were time-barred. A copy of the ruling in the case of LVNV Funding v. Andrade-Garcia can be accessed by clicking here.

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Judge Grants MTD in Hunstein Copycat Case

Account Recovery

” … The post Judge Grants MTD in Hunstein Copycat Case appeared first on AccountsRecovery.net.

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TrueAccord’s Recent Litigation Win: Email Is Always Convenient

True Accord

First, the Court analyzed the FDCPA’s provision, breaking it down into three principles: The basic prohibition: A debt collector may not “communicate with a consumer” in connection with any debt collection at (i) any unusual time or place, or (ii) a time or place known or which should be known to be inconvenient to the consumer.