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How will Hunstein v. Preferred Collection & Mgmt. Impact The Collections Industry?

Credit Management Company

The debt collection company electronically sent the following information to its third-party vendor: The consumer’s name and address. The debt concerned his son’s medical treatment. The debt collector is petitioning for en banc review. Contact Us For Your Debt Collection Needs. Balance owned. Name of the creditor.

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How Does Validation of Debts Work?

Credit Management Company

Before you can collect on any debt, you need to validate the debt in accordance with the Fair Debt Collection Practices Act. Here’s what you need to know about debt validation. Why you need to validate debt. Running afoul of these rules when collecting a debt can get your company fined or punished.