Collections Law

APRIL 1, 2020

Collecting debts from debtors having assets in Massachusetts while you are in another state or a different country used to be difficult, even if you had a judgment against them. Our Experienced Collections Attorneys Knows How to Enforce Foreign Judgments in Massachusetts. By law, a judgment debtor has so many ways to defend themselves.

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Troutman Sanders

OCTOBER 17, 2023

In 2010, the defendant purchased the account and placed it with a law firm for collection. Instead, the offending conduct was misrepresenting “that it had the legal right to collect on the account when it lacked the proper license to do so.”

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Law Firms Legal Rights Original Creditor Collection Agencies 52

Credit Corp

MAY 30, 2023

Quasi in rem: Quasi in rem judgments consider the legal rights of individuals and not necessarily all parties involved. That means judgment creditors can seek debt payment from more than your wages and bank accounts. Creditors must follow the law when applying a judgment to take, or seize, your property. Property liens.

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Sawin & Shea

SEPTEMBER 27, 2023

If you are a victim of debt collector harassment, it’s important to know the debt collection laws, and consider your options for debt relief. The money earned from these sales then goes to the creditors and any remaining balances on the debts are discharged. Debt Collection Laws: What Can Debt Collectors Do?

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Stevens Lloyd

JULY 17, 2018

As a creditor, it is your right to get your money back which you have given to clients. However, in case, your all efforts to collect the debt get unsuccessful, you can take the advantage of debt collection services. Know About Your Rights. So, it is required for you to know your legal rights.

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The McHughes Law Firm

JUNE 22, 2016

In today’s volatile marketplace, the existence of a personal guarantee may provide the only viable basis for collecting outstanding receivables from a corporate obligor experiencing financial difficulty. Therefore, when drafting a personal guarantee, a creditor should specify that the guarantee is one of payment.

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Sawin & Shea

AUGUST 24, 2020

Bankruptcy can also stop or delay a home or mortgage foreclosure, stop collection actions, stop garnishments and lawsuits. In exchange of this discharge non-exempt assets are liquidated by a Chapter 7 trustee in order to pay creditors back something. Debt collection agencies can be thoroughly unpleasant. What does each one mean?

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Jimerson Firm

DECEMBER 14, 2021

Two important statutes for all businesses to be aware of are the Florida Consumer Collection Practices Act (FCCPA) and the Fair Debt Collection Practices Act (FDCPA). Fair Debt Collection Practices Act. A person attempting to collect his or her “own” debt, is not a debt collector under the FDCPA. See Stanley v.

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Debt collector Fair Debt Collection Consumer Collections Legal Rights 105

FFGN COLLECT NY

APRIL 6, 2021

While the underlying agreement or contract may seem straightforward, you need to do a thorough evaluation to make sure you aren’t waiving your legal rights by signing the contract. This clause in the contract gave the creditor permission not to comply with the New York statute. Let us help.

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Judgment Legal Rights Creditors Debtor 40

Consumer Financial Services Law

NOVEMBER 12, 2019

The order stated that “a creditor may have the right to enforce a valid lien such as a mortgage or security interest. If this account is active or has been discharged in a bankruptcy proceeding, be advised this communication is for informational purposes only and is not an attempt to collect a debt. 524’s discharge injunction.

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Bankruptcy Creditors Legal Rights Foreclosure 40

Collection Industry News

JULY 27, 2021

Seven unrelated consumers incurred credit card debts that were allegedly sold and assigned to other creditor debt collectors. 1681i(c), to notify future employers or creditors that they dispute the ownership of these debts. . 1681i(c), to notify future employers or creditors that they dispute the ownership of these debts.

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Nexa Collect

NOVEMBER 1, 2021

Individuals can be legally forced to pay their debts with their cryptocurrency, but the creditor must have a judgment which states that the debtor is obligated to pay off the debt, including any cryptocurrency they own. Debtors are legally bound to pay their liabilities like outstanding credit cards or unpaid bills etc.

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Better Credit Blog

FEBRUARY 11, 2022

These companies aim to reduce the amount of money you owe by negotiating a lower fee with creditors, which makes getting back into the black more affordable. Like similar companies, it contacts creditors on your behalf to negotiate a discount on your debt. National Debt Relief won’t collect its cut of the money in advance.

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