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A Collection Agent Is Calling: Help!

The Kaplan Group

So, it’s no surprise that people are falling behind on their bills, and that some people have received calls from a collection agent. If you are receiving calls from a collection agency, the most important things to know are that you should not panic and you should not ignore the call. When You Get a Phone Call.

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Can Debt Collectors Make Contact Through Social Media?

Direct Recovery

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. Consumers also have the option to opt out of any form of communication with a debt collection agency.

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Debt Collection Process: Using a Revenue Recovery Service

Nexa Collect

The debt collection process for businesses also depends on B2C or B2B debt. Need a Collection Agency for your Business? These are some of the things a collection agency can do for you: Take over delinquent clients and let you concentrate on growing your business. Serving Nationwide. Contact us .

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Debt Awareness Week: Why early engagement is the best first step

CSA

with the government endeavoring to provide support with some of the most extensive state finance and welfare interventions in British peacetime history. Early engagement with CSA member debt collection agencies is vital to preventing further issues which often arise from outstanding defaults and should therefore be a key part of the UK?s

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Top 6 Complaints Against Debt Collection Companies

National Service Bureau

That is why it is so important for organizations to choose a collection agency that falls on the right side of the fence in what is otherwise a huge grey area. With that in mind, here are the top 4th, 5th, and 6th most prevalent complaints against debt collection agencies in 2014: #6: Taking or threatening to take an illegal action.

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FDCPA: 6 Things to Know About Regulation F

The Kaplan Group

In October of last year, the government updated the language on the FDCPA. With the new rules, collection agencies can contact consumers more frequently. You can read more tips for dealing with collection agents here. As we’ve mentioned before, the law applies only to consumer debt, not businesses.

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The Economic Impacts of the Debt Collection Industry

Credit Management Company

According to a survey from ACA International’s Ernst & Young , the federal government collected $852 million in taxes from the industry in 2016. State and local governments collected $652 million, paying for things like: Transit infrastructure. Collection efforts are not a zero sum game. Public utilities.