Account Recovery

DECEMBER 6, 2021

Jack is mostly known for running WebRecon, a litigious debtor scrub that has become an important risk management product for companies in the accounts receivable and contact center industries. Starting up and running company is hard enough. But for Jack Gordon, that’s just a starting point.

Debtor 243

Debtor 243

Account Recovery

AUGUST 12, 2022

A skiptracer that worked as part of a ring that obtained place-of-employment information about individuals with unpaid debts by pretending to be the debtors and created thousands of unemployment insurance applications to learn their last know place of employment has been sentenced to 45 months in prison following a five-day trial.

Debtor 246

Debtor 246

Account Recovery

NOVEMBER 17, 2021

Fight and you may stop future lawsuits from being filed, but … The post State Appeals Court Reverses Ruling, Puts Agency on Hook for Debtor’s Legal Fees appeared first on AccountsRecovery.net. Settle and you save money now, but possibly paint a target on your back for more lawsuits.

Accounts Receivables Management 246

Accounts Receivables Management Debtor 246

Account Recovery

OCTOBER 1, 2021

Chopra Confirmed by Senate; Judge Dismisses Claims Over Calls to Debtor’s Mother appeared first on AccountsRecovery.net.

Debtor 245

Debtor 245

Account Recovery

FEBRUARY 18, 2022

JUDGE GRANTS MSJ FOR DEFENDANT IN FDCPA CASE OVER CALLS TO DEBTOR’S WIFE A District Court judge in Illinois has granted a defendant’s motion for summary judgment and denied a similar motion from a plaintiff in a Fair Debt Collection Practices Act case, ruling that 12 calls placed during a three-week period does not rise … The post Daily (..)

Fair Debt Collection 246

Fair Debt Collection Collections Debtor Judgment 246

Account Recovery

DECEMBER 7, 2021

Jack is mostly known for running WebRecon, a litigious debtor scrub that has become an important risk management product for companies in the accounts receivable and contact center industries. IN CONVERSATION: JACK GORDON Starting up and running company is hard enough. But for Jack Gordon, that’s just a starting point.

Debtor 245

Debtor 245

Account Recovery

FEBRUARY 3, 2022

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

Debt collector 238

Debt collector Debtor Collections 238

Account Recovery

DECEMBER 1, 2022

A District Court judge in New Jersey has granted a defendant’s motion to dismiss, ruling that a collector saying it “was willing to accept” an amount to settle a debt is not confusing to a least sophisticated debtor regarding the identity of the creditor to whom the debt was owed, and that the plaintiff did … The post Judge (..)

Creditors 245

Creditors Debtor 245

Account Recovery

OCTOBER 1, 2021

A District Court judge in Georgia has dismissed claims that a collector violated the Fair Debt Collection Practices Act by calling the mother of an individual with an unpaid debt more than 15 times after the mother had asked not to be contacted, and that the collector meaningfully disclosed its identity in a voicemail left … The post Judge Grants (..)

Fair Debt Collection 223

Fair Debt Collection Debtor Collections 223

JMA

DECEMBER 14, 2024

Managing multiple debtors can feel overwhelming, especially for businesses trying to maintain healthy cash flow while juggling other priorities. For small to medium-sized businesses, efficient debtor management isnt just about recovering owed moneyits about preserving client.

Debtor 52

Debtor 52

Account Recovery

MAY 12, 2021

A hospital in Alabama should serve as an example to every type of collection operation, be it a third-party agency, creditor, or otherwise, that transitioning away from letters and phone calls and promoting digital engagement with patients and debtors is the best way to thrive in today’s economy. Jackson Hospital is a $1.2

Collections 214

Collections Debtor Creditors Healthcare 214

Jimerson Firm

MAY 30, 2024

The Bankruptcy Code provides debtors with a fresh start or an opportunity to reorganize their debts. In doing so, the Code requires all debtors to provide, under oath, a full disclosure of their assets and liabilities. Such property includes causes of action belonging to the debtor at the commencement of the bankruptcy case.

Debtor 59

Debtor Bankruptcy Chapter 7 bankruptcy Creditors 59

JMA

OCTOBER 25, 2024

During these challenging times, many debtors may struggle to make payments, leaving businesses to deal with a rising number of overdue debts. Read more » The post Strategies for Dealing with Debtors During Economic Downturns appeared first on JMA Credit Control.

Debtor 52

Debtor Collections 52

Jimerson Firm

DECEMBER 29, 2023

When a debtor files for bankruptcy, a creditor may be able to seek dismissal of the bankruptcy if the petition was filed in bad faith. This article will provide an overview of the options available to a creditor if a debtor with primarily consumer debts files for Chapter 7 bankruptcy. What is a Bad Faith Filing in Bankruptcy?

Chapter 7 bankruptcy 59

Chapter 7 bankruptcy Debtor Bankruptcy Creditors 59

Jimerson Firm

DECEMBER 27, 2023

When a debtor files for bankruptcy, a creditor may be able to seek dismissal of the bankruptcy if the petition was filed in bad faith. This article will provide an overview of the options available to a creditor if a debtor with primarily business debts files for Chapter 7 bankruptcy. What is a Bad Faith Filing in Bankruptcy?

Debtor 59

Debtor Bankruptcy Chapter 7 bankruptcy Creditors 59

Account Recovery

JANUARY 19, 2023

A District Court judge in New Jersey has granted a defendant’s motion to dismiss a class-action Fair Debt Collection Practices Act case, ruling the plaintiff lacked standing for any of the six claims that he made, including alleging that his information was shared with a letter vendor and unlawfully disclosed his status as a debtor.

Fair Debt Collection 184

Fair Debt Collection Debtor Collections 184

Jimerson Firm

NOVEMBER 20, 2023

This article seeks to explore whether sending an email to a debtor after 9pm and before 8am violates the FCCPA. 17) prohibits contacting a debtor between the hours of 9pm and 8am. In collecting consumer debts, no person shall: (17) Communicate with the debtor between the hours of 9 p.m. Section 559.72(17), Section 559.72(17)

Debtor 59

Debtor Construction Consumer Collections Lawyers 59

Nexa Collect

JANUARY 12, 2022

Times have changed when collectors could easily put aggressive pressure on debtors or use forceful tactics to recover your money, without any repercussions. Thanks to the internet, debtors are very well aware of their rights today. Such attorneys get a cut from the fine paid to your debtor for violations.

Collections Agency 130

Collections Agency Collection Agencies Debt collector Collections 130

Account Recovery

MAY 14, 2024

A District Court judge in New Jersey has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act class action involving an undated Model Validation Notice on most of the claims, but denied the motion regarding a claim that the MVN violated Section 1692g(a) of the statute because a least sophisticated debtor would […] (..)

Fair Debt Collection 147

Fair Debt Collection Debtor Collections 147

Nexa Collect

APRIL 27, 2021

Simple Answer: Once the bad debt entry hits the credit report, the fear in the debtor’s mind is gone. You just used the most effective tool in debt recovery before giving enough time to the debtor to settle your unpaid bills. The debtor thinks “ What worse can happen? The fear in the debtor’s mind is gone.

Collections Agency 130

Collections Agency Collection Agencies Debtor Debt Recovery 130

In the Red

FEBRUARY 4, 2022

The total debt amount in the definition of small business debtor in Section 101(51D) will rise to $3,024,725 from $2,725,625. Other adjustments will affect consumers more than business debtors.

Bankruptcy 147

Bankruptcy Chapter 13 bankruptcy Debtor Secured debt 147

Nexa Collect

JUNE 10, 2023

Here are some ways AI can be used in debt collections: Automated Communication: AI-powered chatbots can handle initial interactions with debtors, engage in conversations, and answer frequently asked questions. Personalized Debt Management: AI can generate personalized repayment plans based on a debtor’s financial situation.

Collections 130

Collections Debtor Collections Agency Collection Agencies 130

Nexa Collect

MARCH 13, 2023

At least a few hundred concerned debtors will begin calling the client directly ( to pay, dispute the debt, complain, or other reasons). Although (in most cases) the debtor is directed to call the collection agency and not the client, a few debtors still call the client.

Collections Agency 130

Collections Agency Collection Agencies Collections Debtor 130

Nexa Collect

SEPTEMBER 23, 2021

Several collection agencies have been using electronic mediums like emails, social media platforms, and SMS to contact debtors. To a standard person, it may appear that contacting a debtor either way (traditional or electronic) is the same, a contact made is a contact made regardless of the medium.

Collections 130

Collections Collections Agency Collection Agencies Debtor 130

Nexa Collect

JANUARY 24, 2022

You have given your debtor at least three billing cycles to pay the bill and resolve any billing disputes that may have occurred. Paying your bill is clearly not a priority in your debtor’s mind by now. ( By assigning an account at 90 days to a collection agency, you will likely not alienate the debtor.

Collections Agency 130

Collections Agency Collection Agencies Collections Debt collector 130

Nexa Collect

FEBRUARY 14, 2022

Say you are a collection agency, and your client (the original creditor) contacts you to tell that they have received a complaint from the debtor telling that your debt collector was very rude over the phone or felt threatened. Such complaints from debtors can get your client to worry about their reputation.

Collections 130

Collections Debtor Debt collector Collections Agency 130

Nexa Collect

JUNE 25, 2023

Below, I outline various aspects of a debt collector’s professional life: Daily Tasks : A typical day for a debt collector might include making phone calls to debtors, sending letters or emails, negotiating repayment plans, and logging information about each interaction. Ethical Conduct : Ethical conduct is critical.

Debt collector 130

Debt collector Debtor Fair Debt Collection Education 130

In the Red

FEBRUARY 15, 2019

The total debt amount in the definition of small business debtor in Section 101(51D) will rise to $2,725,625. Other adjustments will affect consumers more than business debtors.

Bankruptcy 140

Bankruptcy Chapter 13 bankruptcy Debtor Secured debt 140

Jimerson Firm

APRIL 9, 2024

When a court enters a civil money judgment, it creates a judgment debtor and a judgment creditor. If the judgment debtor fails or refuses to pay the amount of the judgment, the judgment creditor may elect to use statutory collection methods to partially or fully satisfy the judgment. These exemptions are addressed below in turn.

Judgment 105

Judgment Debtor Creditors Collections 105

Debtor Daddy

JULY 25, 2021

Debtor Daddy – Debtor Management Software. With Debtor Daddy’s certification program you’ll learn how to deliver a highly efficient and profitable debtor management service your clients will love. You will be introduced to the Debtor Daddy app and guided step-by-step through the various features of the software.

Debtor 98

Debtor Debt Management Collections 98

Account Recovery

AUGUST 24, 2020

A District Court judge in Wisconsin has denied a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act because of a statement included in a collection letter, saying he can not dismiss the suit if it is “at least plausible that a significant fraction of debtors would … The post (..)

Fair Debt Collection 147

Fair Debt Collection Debtor Collections 147

PBWT

FEBRUARY 27, 2023

3, 2023), after the close of her bankruptcy case, a former chapter 7 debtor (the “Debtor”) brought suit in state court against, among others, the bankruptcy trustee and counsel for the trustee (together, the “Defendants”). The Debtor moved to remand for untimeliness and lack of subject matter jurisdiction.

Debtor 112

Debtor Bankruptcy 112

Nexa Collect

FEBRUARY 16, 2022

Many businesses hesitate to hire a collection agency, thinking that their debtor/patient will pay their bill sooner or later. Most non-paying debtors/patients have an inability to pay … or you are simply not their priority to pay. The fact is that the more you wait, the chances of getting paid drop almost 10% each month.

Debtor 130

Debtor Collections Agency Collection Agencies Collections 130

Nexa Collect

DECEMBER 27, 2020

Debtors can make payments online, over the phone, or using a credit card. Collection agencies have advance skip tracing tools to find the contact information of debtors and employ diplomatic tactics to recover money. The unpaid amount can be reported to credit bureaus if requested.

Collections Agency 130

Collections Agency Collection Agencies Collections Debtor 130

Nexa Collect

JULY 28, 2020

Skip tracing techniques allow agents to track down debtors that have “skipped” out on their debts and are no longer reachable. Debtors Are More Likely to Pay A Collection Agency. When a debt passes from the original creditor to a collection agency, this escalation often makes debtors pay attention.

Collections Agency 130

Collections Agency Collection Agencies Collections Debt Recovery 130

Nexa Collect

AUGUST 8, 2020

Skip tracing techniques allow agents to track down debtors that have “skipped” out on their debts and are no longer reachable. Debtors Are More Likely to Pay A Collection Agency. When a debt passes from the original creditor to a collection agency, this escalation often makes debtors pay attention.

Collections Agency 130

Collections Agency Collection Agencies Collections Debt Recovery 130

In the Red

NOVEMBER 2, 2021

Here are the amendments: Rule 2005, addressing release conditions for a debtor taken into custody, was amended to refer to the correct section of Title 18. They are all relatively minor technical or administrative revisions. That means you don’t have to worry about major bankruptcy rule changes this year — good to know.

Bankruptcy 228

Bankruptcy Credit Unions Credit Unions Government 228