Payment Savvy

JUNE 24, 2020

Over time, however, agents do lose their zeal and ambition to rectify delinquent accounts. This is where collection agent incentive programs come in to save the day. These incentive programs motivate debt collection agents to work harder and, in turn, keep your collection agency in the black.

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Direct Recovery

APRIL 18, 2023

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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Direct Recovery

JUNE 7, 2022

Getting hassled about an outstanding collection account over social media is the last thing any consumer wants to deal with. Still, many collection agents argue that it is the most productive means of communication in 2022. Reviewing the Fair Debt Collection Practices Act. Opening the Door for Mistakes.

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Collection Industry News

JUNE 24, 2023

Risk mitigation strategies in debt collection are measures and practices implemented by collection agencies or creditors to minimize potential risks associated with debt collection activities. Here are some common risk mitigation strategies in debt collection: 1.

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Direct Recovery

MARCH 27, 2020

If that should happen, what changes would we be likely to see to the California debt collection landscape? The most obvious result of a new law requiring licenses for debt collection agencies would be an immediate increase in the level of protection that the state of California would be offering to its residents.

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Collection Agent Collections Debt collector Collection Agencies 52

Better Credit Blog

APRIL 4, 2022

Regardless of what a debt collector might tell you, you have a lot of rights when it comes to how debt can be collected. In fact, merely mentioning that you understand your rights will, many times, stop debt collectors in their tracks. Your rights come from the Fair Debt Collection Practices Act (FDCPA).

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Debt collector Fair Debt Collection Collection Agencies Collections Agency 116

Sawin & Shea

FEBRUARY 1, 2023

Under the FDCPA (Fair Debt Collection Practices Act), third-party debt collection agents are not allowed to contact you asking for payment once you have filed for bankruptcy. Inform the caller that you have filed for bankruptcy and tell them to stop contacting you. Give the caller your case number.

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