Debt RR
AUGUST 3, 2020
Sometimes, that debt gets out of hand and businesses find themselves on the receiving end of calls from commercial debt collection agencies. Here’s everything businesses need to know about commercial debt collection agencies and how to manage communication without disrupting day-to-day operations.
Burr Forman
DECEMBER 4, 2020
Financial institutions, servicers, lenders, and debt collectors must stay up-to-date on evolving federal and state laws stemming from the COVID-19 pandemic, as such laws impact all facets of consumer loan servicing and debt collection. Colorado – On June 29, 2020, the Colorado legislature enacted Senate Bill 20-211.
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Collections Law
APRIL 5, 2022
Nearly any commercial enterprise can benefit from professional collection assistance. What does a collection attorney do? Some collection agencies simply send threatening letters, but may not provide much follow through. We then pursue a judgment from the court in order to collect your money.
Better Credit Blog
FEBRUARY 25, 2021
Fortunately, FFCC is a legitimate third-party debt collection agency. Headquartered in Beachwood, Ohio, the agency has been operating since 1970. Over the past 50 years, FFCC has collected debts in the following industries: Business to business. Financial institution. Healthcare. Foreclosure. Bankruptcy.
Debt RR
AUGUST 3, 2020
Common reasons for bank account garnishment in Texas include: Private creditors: These are banks, credit unions, credit card companies, peer-to-peer lenders, hard money loan providers, and other financial institutions. This is submitted to the financial institution that will remit payment from the debtor’s bank accounts.
Troutman Sanders
SEPTEMBER 7, 2021
Department of the Treasury’s Community Development Financial Institutions Fund announced $5 billion in new markets tax credits that it hopes will spur investment and economic growth in low-income urban and rural communities nationwide. State Activities. Privacy and Cybersecurity Activities. Federal Activities: On September 1, the U.S.
Troutman Sanders
FEBRUARY 27, 2023
Under the terms of the settlement, the company must vacate every judgment it obtained against consumers in the Leominster District Court (the improper forum in many instances), subject to certain conditions, in addition to paying the $500,000 to the state. million worth of judgments are expected to be vacated. An estimated $2.1
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