Remove tag debt-collection
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Supreme Court Decides that Law Firms Engaged in Non-Judicial Foreclosure Proceedings are Not Debt Collectors Under the FDCPA

Foster Swift

For many, the term “debt collection” calls to mind threatening letters and harassing, late-night phone calls. Read More › Tags: Collections , Financing , U.S. Supreme Court.

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6 Tips for choosing a Debt Collection Agency

UK debt collections

If you’re running a Business and searching for a debt collection agency (DCA), it is essential you choose the right solution. As with any Business sector, not all debt collection agencies are equal. Cheap is not cheerful as with any type of service, debt recovery or otherwise. Is there an account set up fee?

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Bridging the Gap Between Machine Learning and Human Behavior with HeartBeat

True Accord

When it comes to engaging consumers in debt collection, behavioral science helps us to understand and respond to an individual’s situation, motivations, and contact preferences. For example, we know that consumers don’t like being called by debt collectors. It starts with a lot of engagement data.

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Why ‘Free Debt Collection’ can cost too much

UK debt collections

We are all familiar with the terms No win no fee debt collection or free debt collection but what is the real story here. Seemingly ‘cheap’ debt collection services are not always the way to go as it could cost you a lot more than you think. There is a darker side to the Debt Collection industry.

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FDCPA Claims: Confusion Alone is not an Injury for Article III Standing Purposes

ABI

The Fair Debt Collection Practices Act (FDCPA) generally prohibits debt collectors from misrepresenting their identity or using unfair practices to collect debts. [1] NPAS), a debt collector, was hired by Stonecrest to collect the outstanding balance from Ward. [5] 2] In Ward v.