Taurus Collect

OCTOBER 30, 2023

The advantage of using such an agency is that they have extensive experience and knowledge in debt recovery, allowing businesses to focus on their core operations. Bailiffs: In certain jurisdictions, bailiffs may be employed to seize assets if a debt remains unpaid.

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Collection Industry News

JUNE 12, 2023

Implementing proper debt collection techniques can help businesses recover outstanding payments while maintaining positive relationships with clients. In this article, we will explore some effective strategies for businesses to improve their debt collection processes and increase their chances of successful debt recovery.

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Collections Debt Recovery Collection Agencies Collections Agency 61

Jimerson Firm

FEBRUARY 10, 2022

Generally, if debtors owe a debt to a lender, and the lender cancels or forgives that debt for less than its full amount, the debtor is treated for income tax purposes as having income and may have to pay tax on this income by virtue of a 1099-C filing from the lender. 1.6050P-1(b)(2)(i).

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Collections Law

APRIL 1, 2020

Collecting debts from debtors having assets in Massachusetts while you are in another state or a different country used to be difficult, even if you had a judgment against them. If you are in another state or country and have obtained a judgment against a Massachusetts debtor, or if your debtor has assets in Massachusetts, we can help.

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Stevens Lloyd

JULY 17, 2018

As a creditor, it is your right to get your money back which you have given to clients. However, in case, your all efforts to collect the debt get unsuccessful, you can take the advantage of debt collection services. There are many ways to recover debts from clients who refuse to pay. Debt recovery is not a fun.

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Collections Debt Recovery Collection Agencies Collections Agency 40

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. Knowing whether or not the debtor owns crypto like bitcoin is of course a challenge.

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