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Who Should Use Commercial Debt (B2B) Collections?

Credit Management Company

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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Business Debt Collection Laws and their Connection to Commercial Debt

Debt RR

Like the Fair Debt Collection Practices Act, the U.S. business debt collection laws are regulations that safeguard businesses in commercial debt from harsh debt recovery practices by creditors and debt collection agencies. Does the Fair Debt Collection Act Apply to Businesses?

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A Guide to B2B Debt Collection

Payment Savvy

When it comes to collecting monies owed by business clients, legislation governing B2C doesn’t apply. Most notably, B2B debt collection is not restricted by the same restrictions as consumer collectors under the Fair Debt Collection Practices Act.

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3 Tips for Hiring a Debt Collection Agency

National Service Bureau

Surety bonds are legally enforceable contracts between three parties: typically the principal (the collection agency), the obligee (the state government), and the surety (the insurance company that issues the bond). If the collection agency violates the terms of their bond (e.g. Industries include commercial collections (e.g.