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The US government has thrown a slew of laws on collection agencies, making bad-debtrecovery harder and costlier. Lower recoveries mean, low recoveries and extensive loss for businesses and doctors. Debtors who would have usually paid quickly are now disputing the collection notices more than ever.
These debts can be unpaid hospital bills, doctor’s office fees, or any other expenses related to healthcare that a patient has not paid. Payment Plans and Negotiations : Sometimes, the collection agency might be willing to negotiate the debt. You should prioritize paying off your medical debts to avoid credit damage.
And, just like in other areas of the healthcare system, there can be uninsured individuals too that labs run testing for. Debtors pay directly to you, no other fees. Collection Calls made by a Professional Debt Collector. No recovery-No fees. A debt collector calls debtor many times. Low-cost option.
The act aims to prevent debt collectors from using abusive or deceptive behaviors to acquire the debt they want. However, the FDCPA only protects consumer debtors. It offers no protection to commercial debtors such as a company. However, many states have statutes in place to oversee commercial debt collection.
Hiring a debt collection agency and law firm is one of the easiest and smartest ways to put the focus back on your business. Our debtrecovery specialists collect unpaid delinquent accounts and receivables in 60-90 days, so you don’t have to wait. We understand how many headaches a difficult debtor may cause you.
At Point Law, we specialize in commercial , government , and healthcaredebt collections and we’re here to provide solutions to collect your unpaid invoices. The sooner you send the debt to a Columbus debt collection agency / law firm the higher the chance of recovery is. We put the check in the mail.
The settlement of debts acquired by either another company or an individual is one of the most common challenges that businesses experience. Collecting debts is time-consuming, especially if the debtor refuses to cooperate. The collection of debts is also part of your income. Assess if the Agencies Specialized Industries.
–Capital Recovery Corporation (“Capital Recovery”, “CR Corp”) a leading provider of compassionate medical and commercial debtrecovery services, is proud to announce that it has successfully achieved SOC 2 Type I compliance. CANTON, Ga.–Capital
Cybersecurity and Ransomware Attacks (7:21 – 10:50) Real-world examples of ransomware attacks, including those at Change Healthcare and MGM Resorts, and tips for boosting cybersecurity like multifactor authentication, email security, and employee training. The importance of verifying AI-generated outputs is emphasized.
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