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Government is Making Debt Recovery a lot Harder

Nexa Collect

The US government has thrown a slew of laws on collection agencies, making bad-debt recovery harder and costlier. Lower recoveries mean, low recoveries and extensive loss for businesses and doctors. Our government’s intention behind these laws is not wrong, but the ground reality is different. .

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Contingency Collections – Why is it the best Debt Recovery Service?

Nexa Collect

In the Contingency service one written debt validation notice is sent followed by collection calls from an experienced debt collector. Credit Bureau reporting is done for free by most agencies. Calls from a debt collector are more impactful than written demands. No upfront fee is involved.

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Data Protection is Critical in Debt Collection: GLBA, Consumer Trust, and Best Practices to Protect Your Business

True Accord

Not only are data breaches costly because of the notification provisions, including providing credit bureau monitoring, it can be difficult for a company to survive after a breach. Learn how TrueAccord weaves compliance and data security into debt recovery by scheduling a consultation today»»

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Hot to Remove Credit Collection Services From Your Credit Report

Better Credit Blog

Especially in the current pandemic, COVID 19, medical bills, credit card bills, and other financial service bills may start to pile up. If you’re unable to pay your original creditor, your debt may pass to a debt recovery agency, earning a collection letter and possibly a stain on your credit report.

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4 Ways To Remove Collections From Your Credit Report

Better Credit Blog

Don’t go into too many details, but let the debt collector know if you’re trying to buy a house but can’t because of the negative information on your credit report. Then kindly ask the debt collector to remove collections from your credit report out of goodwill. Covington Credit.