Collections Law

FEBRUARY 9, 2024

In an economy where cash flow is a critical lifeline for any business, companies can find themselves at a crossroads if their customers or clients fail to satisfy their debts and follow through on their payment obligations. A company has a right to pursue a debt that is owed to them. At Law Offices of Alan M.

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Mechanic’s Liens Collections Commercial Collection Lawyers 98

Collections Law

SEPTEMBER 11, 2023

Sometimes, their collection efforts even border on illegal or unethical behavior in violation of the Fair Debt Collections Practices Act. A commercial collections attorney is held to higher standards. It is another matter altogether to actually collect the money you are owed.

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Mechanic’s Liens Collections Commercial Collection Collection Agencies 52

Credit Management Company

JANUARY 25, 2022

This is where the commercial collection agency enters. Agencies work on a contingency basis - they only get paid when the debt has been collected. However, a commercial collection agency is unlike a consumer collection agency. B2B Collection FDCPA and Regulations. The end-target is different.

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Commercial Collection Collections Collection Agencies Collections Agency 52

Debt RR

SEPTEMBER 27, 2020

Although commercial debtors do not enjoy the same level of protection as consumer debtors do, this does not mean they are left at the mercy of creditors and debt collection agencies (DCAs). The business debt collection laws protect them. Like the Fair Debt Collection Practices Act, the U.S.

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Collections Collection Agencies Collections Agency Debt Recovery 74

Direct Recovery

APRIL 18, 2023

Legal Considerations for Business Debts There is a wealth of information available on the legal side of debt collection. This covers things like the Fair Debt Collection Practices Act and the state and local laws that build on it. In most cases, they do not apply to business debts.

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Collection Agent Collections Debt collector Collection Agencies 52

FFGN COLLECT NY

MARCH 10, 2023

Legal Requirements The legal requirements for collecting consumer debt and commercial debt in New York State differ significantly. Consumer Debt: The Fair Debt Collection Practices Act (FDCPA) regulates consumer debt. Generally, the requirements are as follows.

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Payment Savvy

OCTOBER 20, 2021

Most notably, B2B debt collection is not restricted by the same restrictions as consumer collectors under the Fair Debt Collection Practices Act. Therefore, the state and federal governments have no authority over business debt collection legislation.

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