article thumbnail

GGR

Recoverity

Our commercial debt collection agency is certified by the oldest and most prestigious creditors’ rights association in North America, the Commercial Law League Of America (CLLA).

article thumbnail

The TCPA: A Primer for Debt Collectors

National Service Bureau

Compliance is a huge part of the debt collection process, and collection agencies need to stay updated on the regulations and legislation that shape interactions with debtors, consumers, patients, etc. The Private Right of Action clause. Why should you care about violations? They cost $$$. agreed to pay $16.5

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Remove PMAB LLC From Your Credit Report

Better Credit Blog

The company is the collections division of Med A/Rx, specializing in accounts receivable management and collections in the healthcare industry. When your bills go unpaid for a few months, they may be turned over to a debt collections agency like PMAB LLC. How Does PMAB LLC Services Work? Negotiate a Partial Payment.

article thumbnail

A Brief Guide on Services Provided by Debt Collection Agencies

Credits Inc

The primary purpose of business debt collection services involves recovering delinquent amounts and past-due debts. Subsequently, the consumer officially becomes a debtor. One of the key benefits of hiring an accounts receivable collection agency is saving on time and human resources. Credit Analysis.

article thumbnail

Top 6 Complaints Against Debt Collection Companies

National Service Bureau

Debt collection companies walk a fine line between business efficiency in their primary function (accounts receivable management), while at the same time needing to respect the fact that the debtor is a valuable client to the business for whom they are running collections. 4: False statements or representation.

article thumbnail

Phantom Debt Collections: Miscreants in the Industry

National Service Bureau

Like any industry, the debt collection and accounts receivable management industries have some bad apples. The latter are obviously people and organizations that you would want to avoid should your business need assistance with collecting on delinquent accounts. How can something like this happen?

article thumbnail

DEBT COLLECTION INDUSTRY DEEMS ITSELF ESSENTIAL TO “FINANCIAL HEALTH” OF CONSUMERS, FIGHTS COVID-19 SHUTDOWN

Collection Industry News

DEBT COLLECTORS, facing growing demands to freeze the collection of debt across the country amid the economic hardship caused by the coronavirus pandemic, are mobilizing their lobbyists to push back. In New York, residents are receiving a 30-day reprieve from the collection of state-owned medical and student debt.