Collections Credit Management Debt collector Fair Debt Collection 
Credit Management Company
FEBRUARY 23, 2021
Now, there are additional steps you must add to your debt collection practices. Late last year, the Consumer Financial Protection Bureau (CFPB) announced the Final Rule that debt collectors must follow under the Fair Debt Collection Practices Act (FDCPA). Include the right to dispute the debt.
Account Recovery
OCTOBER 10, 2022
A California Appeals Court has overturned a ruling in favor of a debt collector that was sued for violating the Rosenthal Fair Debt Collection Practices Act by not properly serving the plaintiff with a summons and complaint in an underlying collection lawsuit, with the panel ruling that the plaintiff is not obligated to pay the … The post California (..)
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Account Recovery
JULY 14, 2021
Companies in the accounts receivable management industry can add “irritation,” “concern,” “feeling targeted,” and “hustled,” to the list of harms that do not create standing to sue in federal court when accusing a debt collector of violating the Fair Debt Collection Practices Act after a District Court (..)
Credit Management Company
JULY 14, 2021
Everyone in the debt collection industry is familiar with the Fair Debt Collections Practices Act (FDCPA). Reputable collections agencies willingly follow these rules and treat patients with compassion and respect. Preferred Collection and Management Services, Inc. Background on This Case.
Credit Management Company
FEBRUARY 22, 2022
Therefore, many people find themselves encountering collection agencies at one point or another. Unfortunately, much of what people “know” about the debt collection industry relies more on myths than facts. When people believe these myths about using a collection agency, they often run into trouble.
Credit Management Company
MAY 3, 2022
Debt collection has been around for centuries, with many changes constantly taking place. However, from a digital perspective, the debt collection industry has been slow to evolve. The basic rules of debt collection still stand: Hours of contact are between 8 a.m. local time. E-Communication. Phone Calls.
Credit Management Company
JANUARY 25, 2022
Business to business debt collection can be hard to understand at first. Check out this guide on who should use commercial debt collections. Even when you try to send customer debt collection requests, they have fallen on black days. This type of debt collection can be hard to understand at first.
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