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How to execute effective B2B debt collection strategies

Collections Law

Advanced legal tactics to collect past-due debts from another business Chances are, if you are considering a debt collection attorney, your business has already tried collecting the debt on your own. If you’ve retained a collection agency, they’ve probably sent more notices and maybe even attempted phone calls.

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How Much Does a Charge Off Affect Your Credit Score?

Credit Corp

.” That means the lender doesn’t believe it has a good chance of collecting the debt and it’s not worth continuing to use internal resources to do so. Common actions taken by lenders at this point include selling the debt to a collections agency or contracting with a collection agency to collect the debt for them.

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CFPB Annual Report on FDCPA Activities (2024)

Burt and Associates

After winning a court judgment absolving them of rental debt, one tenant found that the debt collector refused to remove the debt from their record, blocking them from securing new housing and impacting their credit. For debt collection agencies, this means more business—and potentially more consumer complaints.

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CFPB Annual Report on FDCPA Activities (2024)

Burt and Associates

After winning a court judgment absolving them of rental debt, one tenant found that the debt collector refused to remove the debt from their record, blocking them from securing new housing and impacting their credit. For debt collection agencies, this means more business—and potentially more consumer complaints.

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Compliance Digest – December 16

Account Recovery

of the booklet brings several important updates for banks under OCC supervision, but these changes also carry implications for entities beyond traditional OCC-regulated institutions, such as debt collection agencies and fintech firms. Judge Dismisses FDCPA Case Over SOL on Judgment Sometimes its better to be lucky than good.

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