Collection Industry News
NOVEMBER 25, 2024
According to the complaint, however, the debts GCI is attempting to collect either don’t exist at all or are not debts GCI can legally collect. The company’s calls to consumers can be incessant, with some receiving calls multiple times a day, leaving voicemails saying to call about an urgent legal matter.
Nexa Collect
JUNE 24, 2023
They should be educated about the importance of data security and privacy. Avoid Harassment or Abuse : Collectors must avoid engaging in conduct that harasses, oppresses, or abuses any person in connection with the collection of a debt. Access Control : Implement strict access controls.
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Credit Corp
FEBRUARY 21, 2021
Whether mail went missing or communication about medical debt got mixed up, it’s possible an account with your name on it is languishing somewhere in collections. Get some tips to find out all your debts so you can make educated decisions about how to clean up your credit history. How to Find All Your Debts.
PDC Flow
JANUARY 24, 2023
Like other Accounts Receivable professionals, Franklin found his career by accident when he accepted a collection job after college in 2005. He has a wide range of experience, including consumer, commercial, international and legal collections. In-house IT helps with software creation, data storage, etc.
Collection Industry News
MARCH 8, 2021
In a new initiative called Operation Corrupt Collector, the FTC and more than 50 partner agencies announced nationwide enforcement and education efforts to protect consumers from illegal debt collection practices. The collectors threatened them with legal action unless they made an immediate credit or debit card payment.
Taurus Collect
JUNE 12, 2023
Generally, the statute of limitations ranges from three to ten years, and once it has expired, the debt is considered “time-barred” and the collection agency can no longer legally collect on it.
Collection Industry News
OCTOBER 19, 2020
The 2015 consent order also prohibited the defendants from filing collection litigation on accounts that were time-barred by the applicable statute of limitations. It also required that the defendants provide a specific time-barred debt disclosure if defendants were engaging in non-legal collection efforts on such accounts.
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