Nexa Collect
FEBRUARY 3, 2022
An average collection agency will recover about 20% of the total debt assigned. Here are the most important factors which decide how much a collection agency will collect for you: 1. Debtors are less likely to pay when they feel threatened. Some clients may get a 100% recovery rate, for others it could very well be 0%.
Collection Industry News
AUGUST 1, 2023
Our comprehensive services cater to businesses dealing with debtor companies or surplus inventory. Case Study: Machinery and Equipment Liquidation At Dudley Resources, we understand the urgency businesses face when dealing with debtor companies and the need for rapid machinery and equipment liquidation.
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FFGN COLLECT NY
MARCH 31, 2023
Whether the defenses raised by the debtor are valid or not, a debtor defending a debt collection case can delay collection. A debtor can buy themselves time just by filing an answer to the summons and complaint. The debtor’s defenses were general in nature. Think Summary Judgment.
FFGN COLLECT NY
OCTOBER 27, 2020
An issue that comes up time and time again in debt collection settlements is whether parties can continue doing business together even though the creditor has placed the account for collection. Now that a debt collection attorney is involved, can the parties move forward and conduct new business? Each got what they wanted.
FFGN COLLECT NY
AUGUST 4, 2021
The debtor bought 45 truckloads of furniture from now-defunct restaurants and hired our client to pick up, move, and store the goods. The client performed their portion and then the debtor stopped paying. And, if the debtor was not paying , they might be able to sell the goods and artwork for far more than they were owed.
Credit Management Company
JUNE 4, 2019
Everything from waste and inefficiency to poor sales and conversions can cause this problem, but the failure of clients or customers to pay what they owe is a unique issue with a clear and effective solution: professional debt collection. Types of Businesses that Benefit from Debt Collection.
Troutman Sanders
NOVEMBER 13, 2023
On November 2, the Federal Housing Administration (FHA) announced its publication of updated appraisal requirements for valuation of certain manufactured homes. On November 8, California’s Department of Financial Protection and Innovation (DFPI) announced it was seeking comments on the state’s Debt Collection Licensing Act (DCLA).
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