Debt collector Government Original Creditor 
Account Recovery
DECEMBER 16, 2024
Proposed amendments to New York Citys rules governing debt collection have drawn significant scrutiny from trade groups outside the collection industry, most notably the American Financial Services Association (AFSA), which submitted a comment letter last week regarding the proposed amendments.
Debt Free Colorado
FEBRUARY 21, 2022
In this article we will answer the question: What can debt collectors do to you? Does Colorado Law Protect Me From Debt Collectors? When collecting a debt from you, collection agencies must adhere to federal and state rules. Fortunately, the federal Fair Debt Collection Practices Act (FDCPA) protects all states.
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Sawin & Shea
JUNE 9, 2021
Whether you have missed a single payment somewhere along the line or are delinquent on several payments, the last thing you want is to be harassed by debt collectors. The FTC (Federal Trade Commission) is an arm of the United States government that enforces consumer protection and antitrust laws. Use abusive or obscene language.
Credit Corp
JUNE 3, 2021
Can debt collectors take money from your bank account to offset debts you owe them? In some cases, a spouse might have some legal protection against creditors seeking to collect money owned by their partner. Accounts containing government benefits. Don’t Let Debts Get to the Garnishment Stage.
Nexa Collect
SEPTEMBER 23, 2021
The debt collection industry is constantly under the lens of government regulators, surrounded by strict collection laws and several attorneys who are always looking for an opportunity to sue collection agencies over the slightest fault. In fact, many prefer it that way. Some agencies don’t do anything, which is not ideal.
Nexa Collect
JULY 28, 2020
It falls to 74% collectible at three months, and by six months, only 58% of debts remain viable. At a year, there’s only a 27% chance of recovering the debt. These percentages assume skilled debt collectors with modern collection tools at their disposal, like those found at agencies. Most creditors are unaware of these.
Nexa Collect
AUGUST 8, 2020
It falls to 74% collectible at three months, and by six months, only 58% of debts remain viable. At a year, there’s only a 27% chance of recovering the debt. These percentages assume skilled debt collectors with modern collection tools at their disposal, like those found at agencies. Most creditors are unaware of these.
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