Account Recovery

JULY 23, 2021

More proof that there is plenty of interest from investors in the accounts receivable management industry came yesterday, in the form of a $12 million Series A funding announcement from Prodigal, a technology company that provides an automation platform for debt buyers, debt collectors, and creditors rights law firms.

Accounts Receivables Management 246

Accounts Receivables Management Creditor's Rights Law Firms Debt collector 246

PBWT

FEBRUARY 7, 2021

This is especially true if you’re a creditor in a chapter 11 case. Two mortgage companies held more than $800,000 in secured claims, and 33 creditors had unsecured claims totaling about $1.1 The plan proposed to pay unsecured creditors $300,000 over five years and to make regular mortgage payments to the secured creditors.

Creditors 73

Creditors Bankruptcy Unsecured Creditor Unsecured Debt 73

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.

Judgment 105

Judgment Debtor Creditors Collections 105

Account Recovery

MAY 14, 2021

The California state Senate yesterday passed SB 531, a bill that would require the original creditor or owner of a debt to notify a consumer within five days of the sale or assignment of the debt to someone else, while also giving consumers the right to request certain information about a debt from debt collectors, … The post Calif.

Debt collector 228

Debt collector Original Creditor Creditors 228

Qualco

APRIL 18, 2024

However, in a small number of credit businesses, the right strategies for systems and people have not been set. This e-Guide discusses how creditor organisations can go about building the skills and competencies within their own workforce to enable better governance, compliance, and credit management.

Collections 52

Collections Credit Management Creditors Government 52

Collections Law

APRIL 2, 2024

When a debtor is delinquent, one of the biggest concerns for creditors is that the debtor doesn’t have enough money to pay what they owe. An ex parte attachment is a legal remedy that allows a creditor to secure a debtor’s assets without prior notice to the debtor. At Law Offices of Alan M. What is an ex parte attachment?

Collections 52

Collections Judgment Debtor Commercial Collection 52

Qualco

MARCH 14, 2024

However, in a small number of credit businesses, the right strategies for systems and people have not been set. This e-Guide discusses how creditor organisations can go about building the skills and competencies within their own workforce to enable better governance, compliance, and credit management.

Credit Management 89

Credit Management Creditors Government Collections 89

Roths Child Law

SEPTEMBER 21, 2023

Bankruptcy is a complex procedure that aims to give debtors a fresh start while ensuring creditors get as much repayment as possible. The balance between the rights of these parties is crucial, and the automatic stay is integral in maintaining this equilibrium.

Debtor 96

Debtor Creditors Bankruptcy Repossession 96

JMA

FEBRUARY 28, 2024

There are certain time limits that a creditor has to pursue an old debt before it becomes too old to pursue legal action. This article is for you if you currently have an old outstanding debt and want to know: How long does a creditor have to take legal action What your rights are What. appeared first on JMA Credit Control.

Creditors 52

Creditors 52

Collections Law

MARCH 19, 2024

When a debtor is delinquent, one of the biggest concerns for creditors is that the debtor doesn’t have enough money to pay what they owe. An ex parte attachment is a legal remedy that allows a creditor to secure a debtor’s assets without prior notice to the debtor. At Law Offices of Alan M. What is an ex parte attachment?

Collections 52

Collections Judgment Debtor Commercial Collection 52

True Accord

JANUARY 31, 2024

Good luck reaching the right number for the target customer. Even if you can get the right customer on the phone, studies show 49.5% Even if you can get the right customer on the phone, studies show 49.5% If your business plans to use outbound calling as the main mode of engaging past-due customers in 2024…good luck.

Collections 76

Collections Debt collector Fair Debt Collection Creditors 76

Qualco

FEBRUARY 13, 2024

However, in a small number of credit businesses, the right strategies for systems and people have not been set. This e-Guide discusses how creditor organisations can go about building the skills and competencies within their own workforce to enable better governance, compliance, and credit management.

Collections 81

Collections Credit Management Creditors Government 81

Troutman Sanders

OCTOBER 13, 2023

As background, ECOA prohibits discrimination by a creditor on the basis of race, color, religion, national origin, sex, marital status, age, an applicant’s receipt of public assistance, or the good faith exercise of an applicant’s rights under the Consumer Credit Protection Act. Yesterday, the U.S. ECOA is implemented by Regulation B.

Creditors 52

Creditors Original Creditor Loans Judgment 52

Troutman Sanders

JANUARY 29, 2024

She listed 45 unsecured creditors in her schedules of assets and liabilities, including the $7,400 credit card debt at issue. However, testimony later showed that the entity listed as holding the debt, Direct Merchants Bank, was not the actual creditor but rather a registered trademark owned by Metris Companies.

Bankruptcy 98

Bankruptcy Chapter 7 bankruptcy Credit Card Debt Garnishment 98

Taurus Collect

FEBRUARY 1, 2024

They are responsible for pursuing the repayment of debts on behalf of creditors. Understanding the Debt Collection Process The debt collection process typically initiates once a creditor concludes an account is non-performing, meaning the debtor has missed payments for several months.

Debt collector 52

Debt collector Debtor Collection Agencies Collections Agency 52

Qualco

NOVEMBER 28, 2023

However, in a small number of credit businesses, the right strategies for systems and people have not been set. This e-Guide discusses how creditor organisations can go about building the skills and competencies within their own workforce to enable better governance, compliance, and credit management.

Loans 93

Loans Credit Management Creditors Government 93

FFGN COLLECT NY

FEBRUARY 21, 2024

To enforce your rights to get paid, you filed a New York debt collection case. A creditor who brings an action later than the law allows will lose their case. The creditor used the date of their invoice rather than the date the service was rendered which was six years and one month. The answer depends.

Collections 52

Collections Creditors Debtor 52

Jimerson Firm

DECEMBER 10, 2021

Many secured creditors and equipment leasing companies have encountered defaulted debts, where the debtors and lessees retain possession of the collateral, including cars, boats, machinery, or other equipment. What Options do Florida Creditors Have for the Recovery of Personal Property? Florida provides a statutory right of replevin.

Repossession 98

Repossession Secured Creditor Collateral Creditors 98

Qualco

OCTOBER 16, 2023

However, in a small number of credit businesses, the right strategies for systems and people have not been set. This e-Guide discusses how creditor organisations can go about building the skills and competencies within their own workforce to enable better governance, compliance, and credit management.

Collections 89

Collections Credit Management Creditors Government 89

Consumer Finance

OCTOBER 11, 2023

The Consumer Financial Protection Bureau and Department of Justice (collectively, the agencies) jointly issue this statement to assist creditors and borrowers in understanding the potential civil rights implications of a creditor’s consideration of an individual’s immigration status under the Equal Credit Opportunity Act (ECOA).

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Creditors Collections 66

Nexa Collect

JUNE 21, 2023

Legal Action : The creditor or collection agency may file a lawsuit against you to recover the debt. Wage Garnishment and Asset Seizure : If a judgment is entered against you, the creditor may be able to garnish your wages, levy your bank accounts, or place liens on your property, depending on the laws in your jurisdiction.

Collection Agencies 100

Collection Agencies Collections Agency Credit Counselor Collections 100

Credit Corp

FEBRUARY 23, 2024

Much like the characters in a post-apocalyptic story, it’s possible to overcome zombie debt with the right know-how. It may be possible to settle zombie debt with your original creditor. Remember that one of your Fair Credit Reporting Act (FCRA) rights is to have an accurate credit report. How Does Zombie Debt Work?

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Collection Agencies Collections Agency Debt collector Fair Debt Collection 52

Jimerson Firm

FEBRUARY 11, 2022

This article will provide an overview of what happens when a property owner files for bankruptcy and what contractors and subcontractors can do with their construction lien rights in bankruptcy to try to protect their interests. However, it may not include subcontractors if they are not already creditors known by the owner.

Construction 98

Construction Bankruptcy Secured Creditor Debtor 98

Credit Corp

JANUARY 21, 2021

Find out more about what the law says about your rights when it comes to protecting your credit history. How Does the Law Protect Your Rights Regarding Credit Collections and Reporting? Numerous federal and state laws protect your rights to fair and accurate credit reporting. Credit law can be complex.

Collections 116

Collections Fair Debt Collection Creditors Law Firms 116

Taurus Collect

FEBRUARY 1, 2024

Simply put, it’s an individual or a debt collection agency in the UK employed by a creditor to retrieve funds that are overdue. Let’s take a closer look at the role of debt collection agencies and what your rights are when interacting with them. Your Rights : As a debtor, you have rights that you can and should exercise.

Debt collector 52

Debt collector Debtor Collection Agencies Collections Agency 52

Sawin & Shea

NOVEMBER 23, 2022

Both being sued by a creditor and bankruptcy can feel like scary situations, but rest assured, filing for bankruptcy can help. Can a Creditor File a Lawsuit Against Me? Creditors can, and most likely will, take you to court if you owe a debt such as a credit card or medical bills and cannot pay.

Bankruptcy 98

Bankruptcy Garnishment Foreclosure Judgment 98

Qualco

DECEMBER 7, 2023

However, in a small number of credit businesses, the right strategies for systems and people have not been set. This e-Guide discusses how creditor organisations can go about building the skills and competencies within their own workforce to enable better governance, compliance, and credit management.

Collections 72

Collections Credit Management Creditors Government 72

Collections Law

FEBRUARY 9, 2024

A company has a right to pursue a debt that is owed to them. State and federal consumer and commercial laws afford methods for creditors to collect the debts that are owed to them. What is ethical debt collection? Our lawyers are well-versed in the Fair Debt Collection Practices Act (FDCPA).

Mechanic’s Liens 98

Mechanic’s Liens Collections Commercial Collection Lawyers 98

Sawin & Shea

JUNE 22, 2022

Before determining if bankruptcy is right for you, it’s helpful to understand your options. This is because you will instead agree to a repayment plan for a three to five-year period in which you will make a more affordable payment that will go towards your debts and creditors, so you don’t have to sell off what you own for the money.

Bankruptcy 116

Bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy Creditors 116

Burr Forman

AUGUST 19, 2021

Erich Durlacher – Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law. Michael Hall – Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, Bet-the-Company Litigation, Litigation – Bankruptcy. Clarke – Real Estate Law. Elizabeth Davis – Environmental Law. Jack Stephenson, Jr.

Lawyers 105

Lawyers Construction Acquisition Bankruptcy 105

Qualco

OCTOBER 18, 2023

However, in a small number of credit businesses, the right strategies for systems and people have not been set. This e-Guide discusses how creditor organisations can go about building the skills and competencies within their own workforce to enable better governance, compliance, and credit management.

Credit Management 78

Credit Management Creditors Government Collections 78

American Profit Recovery

DECEMBER 8, 2020

When you hire the right company to handle your collections, what comes with that relationship are many benefits. And if you think beyond just the bill that your customer has not paid you, you will understand why using the right agency will provide tremendous advantages. Getting paid quicker. That is and should not be the case today.

Collection Agencies 246

Collection Agencies Collections Agency Collections Original Creditor 246

Sawin & Shea

JUNE 29, 2022

If, like many, you are struggling with debt and are behind on payments, you may be stressed out by all of the calls you are receiving from your creditors. Creditor harassment is unlawful, and there are many other things that debt collectors don’t want debtors to know to make it easier for them to get away with things they aren’t supposed to.

Debt collector 97

Debt collector Creditors Collection Agencies Collections Agency 97

Credit Corp

JUNE 1, 2023

Most creditors still report to old scoring models, so it’s unlikely paying off the debt will improve your credit score. If you’ve gotten behind on payments to a creditor or lender, your debt could be sent to collections after around 120 days of missed payments. ® or VantageScore 4.0®. How Does Collections Debt Affect Your Credit Score?

Collections 126

Collections Debt collector Collection Agencies Collections Agency 126

Qualco

FEBRUARY 20, 2024

However, in a small number of credit businesses, the right strategies for systems and people have not been set. This e-Guide discusses how creditor organisations can go about building the skills and competencies within their own workforce to enable better governance, compliance, and credit management.

Credit Management 52

Credit Management Creditors Government Collections 52

In the Red

MARCH 23, 2020

When a company is insolvent, meaning it’s not able to pay its creditors in full, the directors and officers still owe their fiduciary duties of due care and loyalty to the corporation. However, upon insolvency, creditors have standing to bring derivative claims for breach of fiduciary duty against directors and officers.

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Creditors Lender Judgment Government 130

Troutman Sanders

SEPTEMBER 6, 2023

The plaintiff incurred a debt to a bank, which sold the account to a new creditor. The new creditor then placed the account with the defendants for collection. In October of 2019, the defendants sent the plaintiff a letter which identified the original creditor, the new creditor, and the assignee for collection purposes.

Fair Debt Collection 52

Fair Debt Collection Creditors Original Creditor Banks 52