Debt Collection Answers
MARCH 18, 2016
Under the federal Fair Debt Collection Practice Act, a debt collector generally is a person or a company that regularly collects debts owed to others, usually when those debts are past-due. Debt collectors include collection agencies or lawyers who collect debts as part of their business.
Taurus Collect
FEBRUARY 1, 2024
One notable concept within this framework is the “debt collector no win no fee” structure. This contingency-based approach means that some debt collection companies do not charge the creditor unless they are successful in recovering the delinquent funds.
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Sawin & Shea
JULY 20, 2022
Businesses or individuals who collect debts on behalf of others are known as debt collectors. The majority of debt collectors work for reputable collection companies. Doctors, hospitals, shops, mail-order businesses, and occasionally banks and loan firms all use collection agencies. False Statements.
Sawin & Shea
FEBRUARY 16, 2021
Federal law limits debt collection efforts and makes it clear that creditors are breaking the law under certain circumstances. Creditors are governed by the Fair Debt Collection Practices Act. Many collection companies, however, skirt these rules and do not comply.
FDCPA Defense
JANUARY 28, 2012
Debt buyers are being sued based on the conduct of their agencies and law firms. Lawyers and agency owners are being sued based on the conduct of their clients and their collectors. 2000) (“[T]he debt collection company answers for its employees' violations of the statute. See, e.g., White v. Goodman , 200 F.3d
Collection Industry News
MAY 11, 2021
Miller, 48, denies any wrongdoing in his debt collection practices, claiming he has been unfairly targeted by lawyers, prosecutors and federal agents. He said he is getting out of debt collections because of what he considers government harassment.
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