Account Recovery

JULY 23, 2021

More proof that there is plenty of interest from investors in the accounts receivable management industry came yesterday, in the form of a $12 million Series A funding announcement from Prodigal, a technology company that provides an automation platform for debt buyers, debt collectors, and creditors rights law firms.

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Accounts Receivables Management Creditor's Rights Law Firms Debt collector 246

Account Recovery

JULY 22, 2022

A District Court judge in California has partially granted a plaintiff’s motion for summary judgment while denying a defendant’s motion in a Fair Debt Collection Practices Act case, ruling that the defendant violated its discovery obligations by not providing documentation to prove the current creditor owned the debt in question and had (..)

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Fair Debt Collection Judgment Creditors Collections 245

Account Recovery

JUNE 15, 2022

A … The post Appeals Court Upholds Creditor’s Right to Collect After Issuing 1099-C Notice to Plaintiff appeared first on AccountsRecovery.net.

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Collections Creditors 244

American Profit Recovery

NOVEMBER 20, 2024

Soon, creditors will call you to resolve past-due obligations. For many small businesses, that’s using the right collection agency. Working closely with the right collection agency is a wise investment but freeing up your internal resources can be a game changer. One, never ignore the red flags of negative cash flow.

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Collection Agencies Collections Agency Debt collector Collections 186

Account Recovery

MAY 14, 2021

The California state Senate yesterday passed SB 531, a bill that would require the original creditor or owner of a debt to notify a consumer within five days of the sale or assignment of the debt to someone else, while also giving consumers the right to request certain information about a debt from debt collectors, … The post Calif.

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Original Creditor Debt collector Creditors 228

True Accord

JANUARY 15, 2025

Heres how creditors and collectors can strategically leverage email in debt collection communications to enhance engagement, maintain compliance, and drive repayments. TrueAccord is a win for consumers, creditors, collectors, and omnichannel as a communication method. Why is Email Critical in Collection Communications?

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Collections Fair Debt Collection Creditors 98

Roths Child Law

AUGUST 2, 2024

One of the challenging topics when filing for bankruptcy is whether or not to tell creditors. Should you inform your creditors about your plan to file for bankruptcy, or is it a bad idea? Your objective of notifying creditors about your plan can help you determine if doing so can be beneficial or not.

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Account Recovery

FEBRUARY 24, 2025

The appellate court found that the defendant ultimately waived its right to arbitration due to its litigation activities. The litigation relates to the Plaintiffs challenges of the CFPBs Final Rule, which involves the CFPBs prohibition on creditors and consumer reporting agencies concerning medical information. More details here.

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Debt Buying Debt collector Credit Unions Credit Unions 130

Account Recovery

DECEMBER 23, 2024

But with the right process and procedures in place, identifying great collectors can feel less like winning the lottery and more like coming across teenagers with their faces in a screen whose favorite hobby is rolling their eyes at you. .” The need for skilled, resilient collectors has never been more crucial.

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Roths Child Law

SEPTEMBER 21, 2023

Bankruptcy is a complex procedure that aims to give debtors a fresh start while ensuring creditors get as much repayment as possible. The balance between the rights of these parties is crucial, and the automatic stay is integral in maintaining this equilibrium.

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Debtor Creditors Bankruptcy Repossession 96

Qualco

NOVEMBER 5, 2024

However, in a small number of credit businesses, the right strategies for systems and people have not been set. This e-Guide discusses how creditor organisations can go about building the skills and competencies within their own workforce to enable better governance, compliance, and credit management.

Loans 98

Loans Credit Management Creditors Government 98

Account Recovery

OCTOBER 4, 2024

Right from the jump, I will tell you that this is one of those complaints that creates more questions than it answers. The background: In October 2023, the plaintiff received an email from the creditor, seeking to collect on a debt of $1,573.91, but informing the plaintiff that it was willing to settle the debt for $150.

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Fair Debt Collection Debt collector Creditors Collections 244

Jimerson Firm

DECEMBER 10, 2021

Many secured creditors and equipment leasing companies have encountered defaulted debts, where the debtors and lessees retain possession of the collateral, including cars, boats, machinery, or other equipment. What Options do Florida Creditors Have for the Recovery of Personal Property? Florida provides a statutory right of replevin.

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Collect More

JANUARY 19, 2025

And what breaks our heart is that forgiving, trusting creditors almost always fall for it. You’re damn right I did. You’re damn right they did. One of the oldest tricks in the book. Saying NO and meaning NO is an artform. It takes guts. But we simply cannot stress how vital it is. Did I decline?

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Debtor Creditors Collections 100

American Profit Recovery

MAY 15, 2025

The website helps consumers understand their rights when it comes to debt collections, navigating the best way to handle your outstanding debts including how to communicate with a debt collector. Communicate with creditors and collection agencies No one likes to discuss debt and why they haven’t paid a bill.

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Debt collector Credit Card Debt Collection Agencies Collections Agency 150

American Profit Recovery

DECEMBER 8, 2020

When you hire the right company to handle your collections, what comes with that relationship are many benefits. And if you think beyond just the bill that your customer has not paid you, you will understand why using the right agency will provide tremendous advantages. Getting paid quicker. That is and should not be the case today.

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Collection Agencies Collections Agency Collections Original Creditor 246

PDC Flow

NOVEMBER 30, 2021

But what about creditors? All creditor clients that use a third party agency should know about Regulation F. They talked about types of consent, data maintenance and consent best practices for both creditors and third party collection partners. Regulation F is now a reality. Implied Consent . Express Consent. Data Maintenance.

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Creditors Credit Unions Credit Unions Debt collector 88

Qualco

NOVEMBER 26, 2024

However, in a small number of credit businesses, the right strategies for systems and people have not been set. This e-Guide discusses how creditor organisations can go about building the skills and competencies within their own workforce to enable better governance, compliance, and credit management.

Loans 89

Loans Credit Management Creditors Government 89

In the Red

MARCH 23, 2020

When a company is insolvent, meaning it’s not able to pay its creditors in full, the directors and officers still owe their fiduciary duties of due care and loyalty to the corporation. However, upon insolvency, creditors have standing to bring derivative claims for breach of fiduciary duty against directors and officers.

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Creditors Lender Judgment Government 130

In the Red

MARCH 23, 2020

When a company is insolvent, meaning it’s not able to pay its creditors in full, the directors and officers still owe their fiduciary duties of due care and loyalty to the corporation. However, upon insolvency, creditors have standing to bring derivative claims for breach of fiduciary duty against directors and officers.

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Creditors Lender Judgment Government 130

In the Red

MARCH 23, 2020

When a company is insolvent, meaning it’s not able to pay its creditors in full, the directors and officers still owe their fiduciary duties of due care and loyalty to the corporation. However, upon insolvency, creditors have standing to bring derivative claims for breach of fiduciary duty against directors and officers.

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Creditors Lender Judgment Government 130

Hudson Weir

DECEMBER 10, 2024

Again, one legal mechanism a creditor can consider when in such a situation is a charging order. Debt recovery options for unpaid invoices Ultimately, there are several steps that any creditor should take before considering a charging order, which is a court-issued and therefore, very serious. What is a charging order?

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Credit Corp

MARCH 12, 2025

the creditor wins the lawsuit, you may face serious financial repercussions. This is why it is important to know your legal rights and how to mitigate the effects of being sued. By being proactive and understanding your rights and protections, you can reduce the long-term consequences of a credit card lawsuit. An estimated 2.5

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Debt collector Credit Card Debt Creditors Bankruptcy 52

FFGN COLLECT NY

MARCH 12, 2025

The causes of action set forth the facts of your case that support your legal right or legal theory to collect the monies owed to you. This allows the court clerk to enter a judgment on default, assuming the creditors documents are in order. The customer has insurance, and the creditor agrees to accept payment by the carrier.

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Collections Creditors Judgment Legal Rights 52

Account Recovery

NOVEMBER 14, 2023

The California Court of Appeals has dismissed an appeal filed by a plaintiff who sued a creditor that purchased a debt, its attorney, and the law firm that was used to collect on the debt claiming that they violated state and federal laws because the right to compel arbitration was not transferred to those entities […]

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Law Firms Creditors Collections 130

Account Recovery

SEPTEMBER 14, 2023

Asked for a do-over, a panel of judges from the Court of Appeals for the Tenth Circuit decided they were right the first time and affirmed a District Court ruling in favor of a creditor that was sued for violating the Fair Debt Collection Practices Act because it was not licensed as a collection agency […]

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Fair Debt Collection Collections Collection Agencies Collections Agency 130

Account Recovery

JANUARY 30, 2025

After working for a law firm based in Norfolk, Virginia handling business bankruptcy, creditors rights, and civil litigation matters, I joined PRA Group, Inc. as Compliance Counsel.

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Creditor's Rights Law Firms Lawyers Bankruptcy 130

Account Recovery

JUNE 16, 2023

COMPLAINT ACCUSES COLLECTOR OF NOT INCLUDING OPT-OUT IN EMAIL COMMUNICATION APPEALS COURT REJECTS INDUSTRY’S SUITS AGAINST NEVADA COLLECTION LAW APPEALS COURT UPHOLDS AWARD OF $286K TO CREDITOR IN TCPA CASE HUMAN RIGHTS WATCH CALLS OUT HOSPITALS FOR ‘ABUSIVE’ COLLECTION PRACTICES WORTH NOTHING: Watch what a world record for solving (..)

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Collections Creditors 130

Credit Corp

JANUARY 21, 2021

Find out more about what the law says about your rights when it comes to protecting your credit history. How Does the Law Protect Your Rights Regarding Credit Collections and Reporting? Numerous federal and state laws protect your rights to fair and accurate credit reporting. Credit law can be complex.

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Collections Creditors Fair Debt Collection Law Firms 116

Hudson Weir

APRIL 8, 2025

This inexpensive choice is an option if your company has not : Traded or sold off stock in the last three months Been threatened with liquidation Any agreements with creditors, such as a Company Voluntary Arrangement (CVA) Changed its name in the last three months Find out more about the process involved when closing a limited company.

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Creditors Trade Creditor's Rights Government 52

Sawin & Shea

JUNE 22, 2022

Before determining if bankruptcy is right for you, it’s helpful to understand your options. This is because you will instead agree to a repayment plan for a three to five-year period in which you will make a more affordable payment that will go towards your debts and creditors, so you don’t have to sell off what you own for the money.

Bankruptcy 116

Bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy Creditors 116

Nexa Collect

NOVEMBER 1, 2021

Individuals can be legally forced to pay their debts with their cryptocurrency, but the creditor must have a judgment which states that the debtor is obligated to pay off the debt, including any cryptocurrency they own. How will Debtor pay his Debt to the Creditor in a decentralized way? government earlier before?

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Debtor Creditors Government Banks 130

Debt Free Colorado

FEBRUARY 24, 2025

But how do you know if its the right choice? Keep reading to see if this is the right path for you. It works by liquidating non-exempt assets to repay creditors. Understanding Liquidation Chapter 7 may involve selling off some of your assets to repay creditors, but not everything is at risk.

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Credit Card Debt Chapter 7 bankruptcy Bankruptcy Chapter 13 bankruptcy 52

Credit Corp

NOVEMBER 15, 2020

Can creditors call on holidays? It’s recommended that you document every date and time that a creditor calls so you have a record to use in case you seek legal counsel to deal with creditor harassment. The creditor might stop reaching out. Consumers have rights , which are outlined by the FDCPA. Yes, you can.

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Debt collector Creditors Fair Debt Collection Garnishment 119

Debt Free Colorado

JUNE 18, 2024

Know How to Stop Creditor Harassment & Wage Garnishment Debt can be a heavy burden. Consulting with a Chapter 7 bankruptcy attorney in Boulder, CO, can help determine if it is the right solution. Creditor harassment is any aggressive or threatening communication from a debt collector. What is Creditor Harassment?

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Chapter 7 bankruptcy Creditors Garnishment Unsecured Debt 52

FFGN COLLECT NY

MARCH 6, 2025

A frequently asked question about New York debt collection is whether a creditor can recover the cost of collections, including attorney’s fees. The clause that provides for recovery must make it clear that the creditor is entitled to recover the cost of collection in the event of non-payment. Recovery is not guaranteed.

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Collections Law

NOVEMBER 13, 2024

It allows creditors to summon their debtors to court for the specific purpose of disclosing their financial situation. We will work to protect your rights as a creditor and fight to enforce the judgment in your favor. Collecting on a judgment is not just about persistence; it’s about knowing the right legal moves.

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Judgment Commercial Collection Debtor Creditors 52