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How to Reduce Your Collection Cost and Boost Your Cash Flow

Taurus Collect

Offering flexible repayment plans can facilitate quicker settlements, reducing the need for formal debt collection interventions. Regularly Review Client Creditworthiness: Conduct periodic reviews of clients’ credit status. Offer Flexible Payment Solutions: Sometimes, clients face genuine financial difficulties.

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7th Cir. Holds FDCPA Consumer’s Confusion And Hiring Attorney Not Enough For Article III Standing

Collection Industry News

Court of Appeals for the Seventh Circuit recently vacated judgment in favor of a debt collector against putative class action claims raised by a consumer that its collection letter violated the federal Fair Debt Collection Practices Act (FDCPA) by threatening action that could not legally be taken and amounting to a false representation.