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Recommendations for Debt Collectors Working from Home

Nexa Collect

You should discuss these points with the compliance superior of your collection agency. Since collection agencies fall under GLBA laws, they are subjected to the same strict laws as large financial institutions like banks. Here are suggestions that will help you maximize your compliance.

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How Do I Send Debt to Collections?

Nexa Collect

Trying to collect a bad debt is draining on your time and your resources. Eventually, it makes sense to pass the task on to a professional debt collection company. Need a Collection Agency easy to work with? If you’ve never sent debt to collections before, the process may seem daunting. Contact Us.

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What Is a Debt Collector and Why Are They Contacting Me?

Taurus Collect

Simply put, it’s an individual or a debt collection agency in the UK employed by a creditor to retrieve funds that are overdue. Let’s take a closer look at the role of debt collection agencies and what your rights are when interacting with them. So, what exactly is a debt collector? What Is a Debt Collector?

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How to execute effective B2B debt collection strategies

Collections Law

If you’ve retained a collection agency, they’ve probably sent more notices and maybe even attempted phone calls. Facilitate prejudgment attachments: By filing ex parte attachments to your debtors property and accounts to make sure there are funds available and set aside to satisfy the debt owed to your business.

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Business Debt Collection Laws and their Connection to Commercial Debt

Debt RR

If you owe or another business owes you, you are in good company because this article discusses the nitty-gritty of business debt collection laws. What are Business Debt Collection Laws? The business debt collection laws protect them. Like the Fair Debt Collection Practices Act, the U.S. The short answer to this is yes.

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Brit Suttell Awarded Prestigious Donald Kramer Award

BN Lawyers

Brit Suttell wins the National Creditors Bar Association Donald Kramer Award for efforts on behalf of Credit and Legal Collections Industry. The Donald Kramer award is given each year to “someone whose efforts have made a substantial and lasting impact for the benefit of the credit and legal collection community.”.