Nexa Collect

NOVEMBER 1, 2021

Individuals can be legally forced to pay their debts with their cryptocurrency, but the creditor must have a judgment which states that the debtor is obligated to pay off the debt, including any cryptocurrency they own. Knowing whether or not the debtor owns crypto like bitcoin is of course a challenge. In June 2021, the U.S.

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Taurus Collect

OCTOBER 30, 2023

Understanding the art of debt collection can be a challenging task for any business, especially when the debtor refuses to pay despite many reminders. In such situations, engaging a collections agency becomes inevitable. These documents may significantly impact the process and outcome of the debt collection.

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Taurus Collect

OCTOBER 30, 2023

This knowledge can help businesses choose the most appropriate course of action, which may include hiring a debt collection agency. Consumer Debt Collection: This involves the collection of personal debts owed by individuals, usually to banks or credit card companies.

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Debt Free Colorado

FEBRUARY 21, 2022

When collecting a debt from you, collection agencies must adhere to federal and state rules. Fortunately, the federal Fair Debt Collection Practices Act (FDCPA) protects all states. You have rights to help you gain control over your debt collection interactions. Repeatedly call you.

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Collection Industry News

JUNE 12, 2023

Ensure that these terms are communicated upfront and are legally enforceable. Utilize Debt Collection Agencies or Attorneys: If all efforts to collect debts internally have been exhausted, consider engaging professional debt collection agencies or attorneys.

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The Kaplan Group

APRIL 12, 2021

Below is an excerpt from our free ebook, the Terms and Conditions Handbook, covers over 70 different items that should be considered for governing the vendor/customer relationship. “In When we are collecting on a $25,000 claim, and we can add our 20% collection fee (e.g.

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Collection Industry News

DECEMBER 21, 2020

Last week, the CFPB issued a Consent Order against a New Jersey based debt-collection agency (Agency) over allegations that the Agency regularly violated the FDCPA and the CFPA in the course of their collection activity.

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