Remove Creditors Remove Debt Recovery Remove Legal Collections
article thumbnail

Pollack & Rosen, P.A. & Gateway Portfolio Services Partner with Harvest Strategy Group to Elevate Industry Standards in Debt Recovery

Account Recovery

to deliver more transparent, data-driven, and compliance-focused debt recovery solutions. The result is an innovative, technology-enhanced recovery platform that helps creditors navigate regulatory complexities, optimize performance, and ensure fair and ethical collections practices. Pollack & Rosen, P.A.

article thumbnail

Business Debt Collection Laws and their Connection to Commercial Debt

Debt RR

Although commercial debtors do not enjoy the same level of protection as consumer debtors do, this does not mean they are left at the mercy of creditors and debt collection agencies (DCAs). The business debt collection laws protect them. Like the Fair Debt Collection Practices Act, the U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Key Driver Transforming The Debt Collection Agencies Market 2025: Rising Consumer Debt Levels Fuel Growth In The Market

Collection Industry News

billion in 2029 at a compound annual growth rate CAGR of 3.2%, the forecasted growth can be attributed to the upswing of digital commerce, increased lending by financial institutions, increasing credit card usage, international debt recovery, and expanded lending by financial institutions. From an expected value of $34.51

article thumbnail

How Often Do Debt Collection Agencies Take You To Court? 5 Things to Know

Taurus Collect

Generally, the statute of limitations ranges from three to ten years, and once it has expired, the debt is considered “time-barred” and the collection agency can no longer legally collect on it. However, there are alternatives to court that can help you settle your debt.

article thumbnail

CFPB Annual Report on FDCPA Activities (2024)

Burt and Associates

Recent enforcement actions have targeted collection agencies that misrepresented attorney involvement, attempted to collect on debts without adequate documentation, or pursued no longer legally collectible debts.

article thumbnail

CFPB Annual Report on FDCPA Activities (2024)

Burt and Associates

Recent enforcement actions have targeted collection agencies that misrepresented attorney involvement, attempted to collect on debts without adequate documentation, or pursued no longer legally collectible debts.