Remove Collection Agencies Remove Debtor Remove Judgment Remove Retrieval
article thumbnail

Navigating Commercial Debt Collection: Tips and Best Practices

Taurus Collect

What is Commercial Debt Collection and How Does it Work Commercial debt collection is the process of pursuing payment of debts owed by businesses. When a business owes another business, the owed entity may engage a commercial debt collection agency to recover the debt on their behalf.

article thumbnail

The Limits On Direct And Vicarious Liability Under The FDCPA

FDCPA Defense

2000) (FDCPA claim filed against shareholder of agency was frivolous: “The Fair Debt Collection Practices Act is not aimed at the shareholders of debt collectors operating in the corporate form unless some basis is shown for piercing the corporate veil, which was not attempted here.”) (citation omitted); Pettit v. Goodman , 200 F.3d