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Hiring an Aggressive Collection Agency for your Unpaid Bills

Nexa Collect

If you plan to outsource your accounts receivable to an aggressive collection agency, then kindly read this article and be aware of all the risks you are taking. And you guessed right, most courts issue unfavorable judgments for the debt collectors.

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Lawyer vs. Debt Collection Company: Which Should I Use?

Taurus Collect

While it is highly recommended to select your options quickly and wisely to ensure timely collections, you should consider consulting with a debt collection agency before taking court action against your debtors. Read on to know some factors you should consider when hiring a professional to help you collect your business debts.

Lawyers 52
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Can a Debt Collector Collect After 10 Years?

Credit Corp

Whether you have medical debt, credit card debt or unpaid student loans , getting calls or letters from debt collection companies can be frustrating. This means that even a debt that is older than that may still be able to be collected on if you’ve made a payment sometime in the last four to six years. Settle it.

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How To Remove Portfolio Recovery From Your Credit Report

Better Credit Blog

If you’re reading this article, I bet you’ve recently been contacted by a company called Portfolio Recovery Associates —and you may be wondering how to remove them from your credit report. Portfolio Recovery buys multiple accounts with old debt from companies that have given up and “charged off” the accounts.

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How will Hunstein v. Preferred Collection & Mgmt. Impact The Collections Industry?

Credit Management Company

Everyone in the debt collection industry is familiar with the Fair Debt Collections Practices Act (FDCPA). Reputable collections agencies willingly follow these rules and treat patients with compassion and respect. Preferred Collection and Management Services, Inc. Now the FDCPA is in the news again. Balance owned.

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9th Cir. Reverses Trial Court Ruling in Favor of Defendant on FDCPA Claim Related to Bankruptcy

Collection Industry News

Court of Appeals for the Ninth Circuit recently reversed an award of summary judgment in favor of a defendant debt collector against claims that it violated the federal Fair Debt Collection Practices Act (FDCPA) by attempting to collect a debt that was discharged in bankruptcy and no longer owed. Wells Fargo , 276 F.3d

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Meet some Buffalo debt collectors accused of unlawful practices

Collection Industry News

The lawsuit against MacKinnon alleged he and his companies set up more than 250 debt collecting “shops,” most of which were in the Buffalo region. MacKinnon has not paid on the judgment, and the Attorney General’s Office recently filed a lawsuit to seize his family’s $1.6 A judgment of $22.5 million Clarence residence.