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CCJ Enforcement is extremely ‘slow and ineffective’ says Judge

UK debt collections

Yet the report discovered a unsatisfactory and ineffective civil enforcement system that is failing debtors as well as the claimants. . A County Court Judgment (CCJ) is usually the first step in the legal process for creditors and claimants, trying to recover owed monies.

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Continuing the fight to get paid with post-judgment asset discovery

Collections Law

Securing a judgment against a debtor is a significant victory, but the battle doesnt end there. Collecting on that judgment requires finding the money, sometimes by uncovering the debtors assets. This process is known as post-judgment asset discovery. Debtors often conceal assets to avoid paying their debts.

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Credit Bureau Reporting Forbidden on Several Types of Debts

Nexa Collect

Even a state like Indiana (a traditional red state) is not only attempting to block credit reporting but also stating that collection agencies would not be able to get judgments if they file suit. This is problematic. Article written on 02/20/2025)

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Massachusetts debt collection laws: What do business owners need to know?

Collections Law

Legal action: Filing a lawsuit against the debtor is a legitimate and often necessary step to recover monies owed. Interest and attorney fees: You may be entitled to collect interest and attorney fees on the unpaid debt, depending on the contract terms. It is important that these communications are clear and professional.

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Credit One2One by QUALCO: Reforming Inkasso with BDIU

Qualco

The client, who has fulfilled their part of the contract, no longer knows what to do next — they’re not getting paid — and they hire a debt collection service provider who should help and, of course, in the most considerate way possible. There is a need for a high-quality service and that’s what debt collection provides.

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Can Debtors Be Legally Forced To Pay Debt With Their Cryptocurrency

Nexa Collect

Individuals can be legally forced to pay their debts with their cryptocurrency, but the creditor must have a judgment which states that the debtor is obligated to pay off the debt, including any cryptocurrency they own. Knowing whether or not the debtor owns crypto like bitcoin is of course a challenge.

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Debt Recovery – Utilizing Debtor Exams to Collect on a Judgment

Stevens Lloyd

You have initiated a lawsuit and won a Default Judgment against the debtor. Judgments are worthless unless you can locate and garnish the debtor’s assets, however. Extracting money from judgments necessitates obtaining significant information about the debtor as it relates to their assets. So now what ?