Collections Law

APRIL 23, 2024

After you secure a judgment, Rule 69 of the Massachusetts Rules of Civil Procedure provides a creditor the opportunity to find a debtor’s money. Under Rule 69, a creditor has the right to conduct discovery into a debtor’s financials. There are few limits to the financial information we can seek.

Judgment 96

Judgment Judgment Enforcement Commercial Collection Collections 96

Jimerson Firm

NOVEMBER 16, 2020

In the event the borrower defaults, usually by failing to make loan payments, a secured creditor has a right to take possession of the collateral. The quickest and cheapest way for a secured creditor to take possession of the collateral is by self-help repossession. 679.609, Fla. What Does it Mean to “Breach the Peace”?

Secured Creditor 69

Secured Creditor Collateral Repossession Creditors 69

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 […]

Law Firms 130

Law Firms Creditors Collections 130

Jimerson Firm

APRIL 9, 2024

When a court enters a civil money judgment, it creates a judgment debtor and a judgment creditor. If the judgment debtor fails or refuses to pay the amount of the judgment, the judgment creditor may elect to use statutory collection methods to partially or fully satisfy the judgment.

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Judgment Debtor Creditors Collections 105

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 (..)

Fair Debt Collection 245

Fair Debt Collection Judgment Creditors Collections 245

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 […]

Fair Debt Collection 130

Fair Debt Collection Collections Collection Agencies Collections Agency 130

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.

Collections 244

Collections Creditors 244

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 78

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 (..)

Collections 130

Collections Creditors 130

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.

Accounts Receivables Management 246

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

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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Debt collector Original Creditor Creditors 228

Collections Law

MARCH 27, 2023

We called this “creditor financing.” If your debtor claims not to be able to pay but continues to operate, a court judgment is still the right way to go, in most cases. When you have a commercial debtor who won’t pay but stays in business, they’re using your money to stay afloat. This is a battle for control of the money. Stop it now.

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Debtor Creditors Judgment Collection Agencies 52

Collections Law

APRIL 2, 2024

When a debtor is delinquent, one of the biggest concerns for creditors is that the debtor doesn’t have enough money to pay what they owe. An ex parte attachment is a legal remedy that allows a creditor to secure a debtor’s assets without prior notice to the debtor. At Law Offices of Alan M. What is an ex parte attachment?

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Collections Judgment Debtor Commercial Collection 52

Collections Law

MARCH 8, 2022

As a creditor, the last thing you want to hear is that one of your debtor businesses may be filing for bankruptcy. Cohen LLC have been helping creditors since 1994. As a creditor, you have a right to be paid for the goods and services you provide, and we are here to help. The attorneys at the Law Offices of Alan M.

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Debtor Bankruptcy Creditors Construction 52

Collections Law

MARCH 19, 2024

When a debtor is delinquent, one of the biggest concerns for creditors is that the debtor doesn’t have enough money to pay what they owe. An ex parte attachment is a legal remedy that allows a creditor to secure a debtor’s assets without prior notice to the debtor. At Law Offices of Alan M. What is an ex parte attachment?

Collections 52

Collections Judgment Debtor Commercial Collection 52

Troutman Sanders

JANUARY 29, 2024

She listed 45 unsecured creditors in her schedules of assets and liabilities, including the $7,400 credit card debt at issue. However, testimony later showed that the entity listed as holding the debt, Direct Merchants Bank, was not the actual creditor but rather a registered trademark owned by Metris Companies.

Bankruptcy 98

Bankruptcy Chapter 7 bankruptcy Credit Card Debt Garnishment 98

Qualco

MARCH 14, 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.

Credit Management 89

Credit Management Creditors Government Collections 89

JMA

FEBRUARY 28, 2024

There are certain time limits that a creditor has to pursue an old debt before it becomes too old to pursue legal action. This article is for you if you currently have an old outstanding debt and want to know: How long does a creditor have to take legal action What your rights are What. appeared first on JMA Credit Control.

Creditors 52

Creditors 52

McLane

MARCH 7, 2020

In order to preserve the right to bring a creditor claim against a NH estate, a creditor must serve on the administrator a demand for payment within six months of the administrator’s appointment. In Gray, the creditor in his capacity as trustee of a related trust served a timely demand for payment on the administrator.

Creditors 52

Creditors Government Judgment 52

Qualco

APRIL 25, 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 52

Loans Credit Management Creditors Government 52

Qualco

APRIL 18, 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.

Collections 52

Collections Credit Management Creditors Government 52

Sawin & Shea

JUNE 29, 2022

If, like many, you are struggling with debt and are behind on payments, you may be stressed out by all of the calls you are receiving from your creditors. Creditor harassment is unlawful, and there are many other things that debt collectors don’t want debtors to know to make it easier for them to get away with things they aren’t supposed to.

Debt collector 97

Debt collector Creditors Collection Agencies Collections Agency 97

Taurus Collect

FEBRUARY 1, 2024

They are responsible for pursuing the repayment of debts on behalf of creditors. Understanding the Debt Collection Process The debt collection process typically initiates once a creditor concludes an account is non-performing, meaning the debtor has missed payments for several months.

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Debt collector Debtor Collection Agencies Collections Agency 52

True Accord

JANUARY 31, 2024

Good luck reaching the right number for the target customer. Even if you can get the right customer on the phone, studies show 49.5% Even if you can get the right customer on the phone, studies show 49.5% If your business plans to use outbound calling as the main mode of engaging past-due customers in 2024…good luck.

Collections 76

Collections Debt collector Fair Debt Collection Creditors 76

Qualco

FEBRUARY 13, 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.

Collections 81

Collections Credit Management Creditors Government 81

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.

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Bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy Creditors 116

FFGN COLLECT NY

FEBRUARY 21, 2024

To enforce your rights to get paid, you filed a New York debt collection case. A creditor who brings an action later than the law allows will lose their case. The creditor used the date of their invoice rather than the date the service was rendered which was six years and one month. The answer depends.

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Collections Creditors Debtor 52

Albuquerque Law

MAY 18, 2020

Is it a creditor or a debt collection agency? Many New Mexicans might believe that creditors and debt collectors are essentially the same. Individuals must understand the difference: Creditors are the parties to which individuals owe the original debt. However, one question remains: who is calling to collect the debt?

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Debt collector Creditors Collection Agencies Collections Agency 40

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

Nexa Collect

JUNE 21, 2023

Legal Action : The creditor or collection agency may file a lawsuit against you to recover the debt. Wage Garnishment and Asset Seizure : If a judgment is entered against you, the creditor may be able to garnish your wages, levy your bank accounts, or place liens on your property, depending on the laws in your jurisdiction.

Collection Agencies 100

Collection Agencies Collections Agency Credit Counselor Garnishment 100

Qualco

NOVEMBER 28, 2023

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 93

Loans Credit Management Creditors Government 93

Sawin & Shea

AUGUST 17, 2022

In a Chapter 13 bankruptcy , the debtor agrees to a payment plan instead of having their property taken to pay creditors. In contrast, in a Chapter 7 bankruptcy , the bankruptcy trustee will often use property to help pay off creditors before the remaining debt gets discharged. Nonexempt assets can still be used to pay creditors.

Bankruptcy 105

Bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy Debtor 105

Sawin & Shea

NOVEMBER 23, 2022

Both being sued by a creditor and bankruptcy can feel like scary situations, but rest assured, filing for bankruptcy can help. Can a Creditor File a Lawsuit Against Me? Creditors can, and most likely will, take you to court if you owe a debt such as a credit card or medical bills and cannot pay.

Bankruptcy 98

Bankruptcy Garnishment Foreclosure Judgment 98

Credit Corp

FEBRUARY 23, 2024

Much like the characters in a post-apocalyptic story, it’s possible to overcome zombie debt with the right know-how. It may be possible to settle zombie debt with your original creditor. Remember that one of your Fair Credit Reporting Act (FCRA) rights is to have an accurate credit report. How Does Zombie Debt Work?

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Collection Agencies Collections Agency Debt collector Fair Debt Collection 52

Qualco

OCTOBER 16, 2023

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.

Collections 89

Collections Credit Management Creditors Government 89

Sawin & Shea

FEBRUARY 1, 2023

Fielding constant phone calls from creditors can be unnerving and stressful – and stress can have a cumulative effect on your physical health as well as your emotional well-being. That’s why it can be especially disheartening if creditors keep calling. Some creditors are actively trying to take advantage of you. It is illegal.

Debt collector 64

Debt collector Bankruptcy Creditors Collection Agent 64

Jimerson Firm

FEBRUARY 11, 2022

This article will provide an overview of what happens when a property owner files for bankruptcy and what contractors and subcontractors can do with their construction lien rights in bankruptcy to try to protect their interests. However, it may not include subcontractors if they are not already creditors known by the owner.

Construction 98

Construction Bankruptcy Secured Creditor Debtor 98