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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Taurus Collect

NOVEMBER 15, 2023

They also must respect your privacy by not contacting you at unreasonable hours or excessive frequency. Right to a written notice: Upon initial contact, the debt collector must send you a written notice within 5 days containing the amount of debt, the name of the creditor, and what action to take if you dispute the debt.

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Taurus Collect

JANUARY 10, 2024

The key objective of these rules is to ensure fair play between the creditor and the debtor, preventing any kind of harassment without compromising the debt recovery process. It includes standards for communication and clear rules about when and how a business can contact a debtor. About Us Taurus Collections (UK) Ltd.

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