Courts close rogue Debt Collection Agency

UK debt collections

The High Court has shut down a rogue Debt Collection Agency it has emerged. The Debt Collection Agency spuriously claimed to be able to collect debts from liquidated companies. The scam debt collection firm had been using a bank account that was not in its own name.

Report Breaks Down Pros, Cons of IRS’s Private Collection Agency Program

Account Recovery

The IRS in late September awarded contracts to … The post Report Breaks Down Pros, Cons of IRS’s Private Collection Agency Program appeared first on AccountsRecovery.net. General News CBE Group Coast Professional Conserve Internal Revenue Service Private Collection Agency

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How to Audit & Improve Your Collection Agency's Online Presence

Arbeit Software

With the release of the CFPB's new debt collection rule, having a strong online presence is more important than ever before for debt collection agencies. Working in collections can be stressful. Collection Agencies

Scam Debt Collection Agency Owner receives lengthy Jail sentence

UK debt collections

A Scam Debt Collection Agency Boss has been sent to prison for 4 years and 10 months. The Dodgy Debt Collector took cash payments from clients to help recover money but did so with no intention of collecting what they were owed. Dodgy Debt Collection Agencies.

When is it time to hire a Debt Collection Agency?

UK debt collections

The saying in the Debt Collection Industry is ‘the older, the colder’ which is layman’s terms means, the longer the invoice goes unpaid, the less likely it will be paid at all. Maybe they should consider that it is time to hire a debt collection agency.

Ed. Dept. Cancels Contracts With Private Collection Agencies

Account Recovery

The Department of Education last week notified the private collection agencies it had been using to help recover payments on defaulted student loan debts that it would no longer be placing accounts with them.

Brand Building Strategies for Debt Collection Agencies | Arbeit

Arbeit Software

Is brand building important in the debt collection industry? Collection AgenciesSean Williams , Principal at Williams, Rush & Associates thinks so, and shares his strategies for building a positive reputation.

What Makes a Good Debt Collection Agency?

Taurus Collect

When you’re looking for a commercial debt collection agency, it’s easy to feel overwhelmed. We know what makes a good debt collection agency because we strive to be the best we can be. Debt Collection Process. What are their methods for debt collection?

How Long Can a Collection Agency Attempt to Collect Business Debts?

Enterprise Recovery

If your business has sent bad debt accounts off to a collections agency, you likely have questions about recovering that debt. Typically, commercial collections agencies only charge a fee if they're able to collect.

Proof That an External Debt Collection Agency Really Works

Taurus Collect

External debt collection benefits businesses for numerous reasons. Collecting debt is an unfortunate (but often necessary) part of doing business, and not dealing with it can prove very costly. So, why is an external debt collection agency better for businesses?

How to Hire a Debt Collections Agency for your Unpaid Invoices

Enterprise Recovery

Here's how to hire a debt collections agency for your unpaid invoices. Hiring a B2B Collections AgencyIt's so frustrating when unpaid invoices are piling up, even after you've called, emailed and sent friendly reminders.

TCN Launches Online Regulation F Guide for Collection Agencies to Maintain Compliance in Their Communication Practices

Account Recovery

GEORGE, UTAH, NOVEMBER 16, 2021 — TCN, Inc.,

Collection Agency Owner Pleads Guilty to Wire Fraud, Tax Evasion

Account Recovery

The owner of a Kentucky collection agency is facing up to 20 years in prison after pleading guilty to charges of wire fraud and tax evasion. He also admitted to … The post Collection Agency Owner Pleads Guilty to Wire Fraud, Tax Evasion appeared first on AccountsRecovery.net.

The Best Collections Agency

Recoverity

Choosing the right collection agency to represent your business is an important decision. The post The Best Collections Agency appeared first on Recoverity. As finance and credit professionals, TBCA, Inc.

Collection Agency for Construction Equipment Rental

Nexa Collect

Construction equipment companies have an ongoing requirement for debt collection from businesses (and sometimes individuals) who do not pay the agreed-upon rental dues on time. An experienced collection agency that has extensive experience in commercial collections is a perfect choice.

Class-Action Suit Filed Against Collection Agency

Account Recovery

A class-action lawsuit has been filed against a debt collector, accusing it of making it look like the collector purchased debts from a healthcare provider when it had not done so and for violating a state collection law in Colorado.

Collection Agencies in Puerto Rico

Nexa Collect

Debt collection agencies in PR include Kinum , TSI , CICA, ILCA and Professional recoveries. Spanish and English-speaking debt collectors are required for Puerto Rico debt collection. Need a Collection Agency in PR?

Indiana AG Obtains $1.3M Judgment Against Collection Agency, Owner

Account Recovery

million judgment against a collection agency and its owner that were accused of engaging in deceptive and abusive collection practices and operating without a proper license. Judgment Against Collection Agency, Owner appeared first on AccountsRecovery.net.

Ex-Collection Agency CEO Pleads Guilty in Pay-to-Play Scandal

Account Recovery

The former owner of a collection agency pleaded guilty yesterday to one count of making payments to support the former Circuit Court Clerk of Cook County, Illinois, while the company he ran entered into a deferred prosecution agreement and will pay a $225,000 fine.

Collection Agency for Excessive Employee Reimbursement

Nexa Collect

A collection agency can work with your employee professionally and legally to ensure that you get your money back. Need a collection agency? A collection agency is not a replacement for police at all; they only act to recover the debt legally.

Collection Agencies Received $422M Through Paycheck Protection Program

Account Recovery

Nearly 90 companies identifying themselves as collection agencies received more than $1 million in loans through the Paycheck Protection Program, with the top company receiving nearly $9 million, according to an analysis of data released by the Small Business Administration.

N.M. AG Sues Collection Agencies

Account Recovery

AG Sues Collection Agencies appeared first on AccountsRecovery.net.

6 Ways Collection Agencies Can Offer Customer Satisfaction

Payment Savvy

When an account goes past due, many send the account to a reputable and compliant collection agency to obtain monies on their behalf. Even during debt collection, agencies should deliver exceptional customer service and, ultimately, end the relationship with a satisfied customer.

A Good Collection Agency

Taurus Collect

Let’s go straight in on this one, because we know what makes a good collection agency. So here are 5 tips to choose a good collection agency for your business: Reputation & trustworthiness – always look for an agency with at least 5 years of trading history. A lot of collection agencies set-up then disappear within a year or 2. Obviously these are very untrustworthy collection agencies! How To Find A Good Collection Agency.

How Effective Are Collection Agencies?

Nexa Collect

Collecting outstanding debt isn’t an easy process. Companies will generally try to collect on their outstanding accounts internally before passing their most egregious cases on to an external debt collection agency. Collection agencies are experts in debt recovery.

How Effective Are Collection Agencies?

Nexa Collect

Collecting outstanding debt isn’t an easy process. Companies will generally try to collect on their outstanding accounts internally before passing their most egregious cases on to an external debt collection agency. Collection agencies are experts in debt recovery.

Partner with certified Debt Collection Agency

Debt Recoveries

One of the services businesses are able to use to help maintain or improve their cashflow is a debt collection agency. To assist in ensuring quality and integrity within the debt collection industry, the Institute of Mercantile Agents was formed.

How Data Analytics Can Help Debt Collection Agencies | Arbeit

Arbeit Software

How can data analytics be used to improve collector efficiency and drive revenue in debt collection? Collection AgenciesWe spoke to Shantanu Gangal, CEO of Prodigal , to find out.

Why this collection agency tracks consumer compliments

American Profit

You might not think to place the words collection agency and compliments in the same sentence, especially when it comes to the consumers debt collectors are calling on. Collection agencies help consumers. The public still views collection agencies in a negative way.

How Debt Collection Agencies Can Implement Work From Home Policies

Arbeit Software

Along with the rest of the world, the credit and collections industry is adjusting to the "new normal" brought about by COVID-19. Collection Agencies

Penn. Gov. Vetoes Bill Allowing State Courts to Hire Private Collection Agencies

Account Recovery

The governor of Pennsylvania has vetoed proposed legislation that would have allowed state courts to hire private collection agencies to recover unpaid court fines and costs, saying it could “disproportionately” harm low-income individuals.

Collection Agency for Semen Distributors & Breeders

Nexa Collect

It is fairly common in the breeders’ industry to assign past-due accounts to a debt collection agency. The involvement of a third-party agency does the trick in most cases. Looking for a collection agency : Contact us.

FTC Secures $24M Judgment Against Collection Agency

Account Recovery

On the fence about hiring a collection agency?

American Profit

Hiring a collection agency to help with your cash flow is an important decision you need to make for your organization. Will a collection agency damage my reputation? However, if you hire the right agency, more good than bad can come from that relationship.

The Impact of the CFPB’s Debt Collection Regulation F on the Top Debt Collection Agencies.

Optio Solutions

Debt collection is a highly regulated business, the companies that thrive in this setting are leaders in compliance and certification. Certification Compliance First-party Collections Third Party Collections