Taurus Collect

DECEMBER 18, 2023

An inevitable part of this financial management is the realm of commercial debt collection. Whether you’re a small business owner or a financial manager in a large corporation, understanding the best practices for commercial debt collection can dramatically enhance your cash flow and protect your business’s financial health.

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Collection Industry News

JULY 6, 2021

Medical debt collection, a complex process and significant cause of personal bankruptcy, is receiving renewed attention because of the financial challenges of the COVID-19 pandemic. million in medical debt over the three years, receiving judgments in 4,110 cases. million in 932 cases and received judgments in 751. LOCAL NEWS.

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Consumer Financial Services Law

OCTOBER 9, 2019

In Douglass , the Third Circuit held that displaying an internal collection agency reference number through a glassine envelope window violated §1692f(8). 12, 2019), the defendant debt collector sent a collection letter to the consumer in an envelope which, on its face, displayed a QR code. . Convergent Outsourcing , 765 F.3d

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FDCPA Defense

JANUARY 28, 2012

For example, generally speaking, the Act applies only to “debt collectors” who regularly attempt to collect debts that are “due another.” Retrieval Masters Creditor Bureau, Inc. , 2008) (sole member of LLC may be held liable under FDCPA if he plays a significant role in directing the firm’s debt collection activities).

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