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. State and federal consumer and commercial laws afford methods for creditors to collect the debts that are owed to them.

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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

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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Direct Recovery

APRIL 18, 2023

The commercial debt collection process typically involves everything from communicating with debtors about the amounts owed and negotiating payment terms to pursuing legal action and obtaining a judgment against a debtor and garnishing their wages. In most cases, they do not apply to business debts.

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Collection Agent Collections Debt collector Collection Agencies 52

Debt RR

AUGUST 3, 2020

Depending on the nature of the debt and how communicative the debtor is (or isn’t), commercial debt collectors can employ other tactics like investigating other debt and performing a skip trace on the owner to establish contact. What Happens to Debt that is Sold to a Commercial Collection Agency?

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Collection Agencies Collections Agency Debt collector Collections 43

Better Credit Blog

FEBRUARY 18, 2021

BYL Collections isn’t a household name, but it collects for several businesses across multiple industries. Based in Westchester, Pennsylvania, BYL is a third-party collections agency that was founded in 1998. The agency specializes in consumer collections, commercial collections, and medical device recovery.

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