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Debt Collector Steals $200k From City By Saying it Collected on Accounts That Were Not Actually Delinquent

Account Recovery

A report from the city of Chicago’s Inspector General includes details about how a debt collector collected $200,000 in fees from the city for collecting on accounts that were not delinquent.

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Professional Life of a Debt Collector

Nexa Collect

The professional life of a debt collector involves communicating with individuals and businesses to collect payments on overdue bills, loans, or other financial obligations. Communication Skills : Debt collectors need excellent communication skills to effectively convey information and negotiate with debtors.

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CFPB Sues Debt Collector

Account Recovery

The Consumer Financial Protection Bureau yesterday announced it had filed a lawsuit against a debt collector, accusing it of violating the Fair Debt Collection Practices Act and Consumer Financial Protection Act by sending collection letters using the letterheads of its clients — district attorneys’ offices — to collect on outstanding (..)

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How communicating with a debt collector can resolve your debt

American Profit Recovery

If you have an outstanding debt and you are being contacted by a collection agency, pick up that phone, answer that e-mail or respond to that text message. You’ll start the process of getting out of debt and lower your anxiety at the same time. First, you begin the process of getting out of debt. Pick up the phone.

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Calif. Appeals Court Upholds Subpoena of Debt Collector

Account Recovery

A state Appeals Court in California has upheld a ruling from a lower court compelling a debt collector to comply with a subpoena it received from four District Attorney’s offices in the state investigating the collector’s compliance with the Rosenthal Fair Debt Collection Practices Act and the Telephone Consumer Protection Act.

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Great communication earns trust as a debt collector

American Profit Recovery

By Georgia: As a debt collector, I look forward to coming to work every day. American Profit Recovery has opened my eyes to what it truly means to be a debt collector, as well as what an important job it is. Being a Debt Collector is not just about collecting money. Yes, you read that correctly.

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6 things they don’t tell you about debt collectors

American Profit Recovery

Do you know the truth about debt collectors? Do you feel you know what a collector does? Oftentimes we find that many people are unaware of certain facts about the collection industry and are even surprised when they learn more about the industry and the people that represent that industry.