The Kaplan Group
JUNE 15, 2020
So, it’s no surprise that people are falling behind on their bills, and that some people have received calls from a collection agent. If you are receiving calls from a collection agency, the most important things to know are that you should not panic and you should not ignore the call. But scammers are out there.
Direct Recovery
APRIL 18, 2023
Commercial debt collection describes the process of hiring a professional collection agency to recover debts that are owed to your business. In most cases, some qualifications and credentials will be required to distinguish that you are working with a reputable collection agent.
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Payment Savvy
OCTOBER 6, 2021
However, there are some things that collection agencies can do to promote repayment quickly. Collection agents should listen to what the debtor has to say. A person who feels they are being heard is likely to be more amicable towards negotiation with their creditor. Listen to the Debtor. Send Payment Plan Confirmation.
Direct Recovery
APRIL 16, 2023
The best way to avoid or resolve a wage garnishment from a collection situation is to start by understanding everything you can about the problem, which is taking a big chunk out of your regular paycheck. The first step in implementing a wage garnishment is for the collection agent to obtain a judgment against the debtor.
Sawin & Shea
FEBRUARY 1, 2023
Fielding constant phone calls from creditors can be unnerving and stressful – and stress can have a cumulative effect on your physical health as well as your emotional well-being. That’s why it can be especially disheartening if creditors keep calling. Some creditors are actively trying to take advantage of you. It is illegal.
Direct Recovery
SEPTEMBER 16, 2022
In fact, it is considered reasonable for debt collectors to attempt to reach a consumer by phone one time each week, unless the consumer has provided the collection agent with a specific written request that they stop trying to contact them by phone. Send Letters (But Not Too Many). Garnish Your Wages (If They Obtain a Judgment).
Direct Recovery
FEBRUARY 7, 2021
However, as you will see shortly, there are quite a few ways that the updated legislation either doesn’t go far enough to ensure protection against predatory collection agents or simply doesn’t include all of the forms of communication available today. The Type of Creditor Still Matters. Defining Types of Communication.
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