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Best reasons to use a Debt Collection Agency in 2022

UK debt collections

Whilst the UK struggles to recover from the pandemic , its never been a better time for Businesses to use a Debt Collection Agency. Debt Collection Agencies do not just act for Businesses, there are many Debt Collection Agencies for individuals also. Low Cost solution for unpaid debts.

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Commercial Debt Collection for Businesses – 2023 Guide

Direct Recovery

Of course, there is also the fact that you’re probably more concerned with running your own business than collecting from a failed one. That’s why many small business owners prefer to hire commercial debt collection agencies to manage collections on their behalf. What is Commercial Debt Collection?

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FDCPA: 6 Things to Know About Regulation F

The Kaplan Group

This is the federal law that protects consumers from being harassed by debt collectors. As we’ve mentioned before, the law applies only to consumer debt, not businesses. The law also only applies to outside debt collectors, not companies who are owed the money for product or services they provided.

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Are You Worried About Debt Collection During a Pandemic?

Taurus Collect

Cash flow and business debt collectors have always played an important part in the profitable running of a business, but never more so than now. We are getting a number of calls from clients asking whether they should be using business debt collectors to pursue debtors on their behalf, in the current climate.

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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. 5: Improper contact or sharing of information.

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Angry? You’re LESS Likely to Collect

The Kaplan Group

As a commercial debt collection expert with years of experience, I understand the rage you feel when you think about the money you’re owed and the length of time you’ve been waiting for payment – not to mention the deceptive, unethical, illegal moves your debtor has made along the way. Wait a minute.

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Why Every Lawyer And Client Should Be Fighting To Stop The "Meaningful Attorney Involvement" Doctrine From Spreading

FDCPA Defense

Instead, you will come across section 1692e(3) of the FDCPA, which contains a simple rule: a debt collector may not make a “false representation or implication that any individual is an attorney or that any communication is from an attorney.” In Clomon v. Jackson , 988 F.2d 2d 1314 (2d Cir. Similarly, in Avila v. Rubin , 84 F.3d

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