Remove debt-collection-how-do-you-decide-when-to-issue-legal-proceedings
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DEBT COLLECTION: HOW DO YOU DECIDE WHEN TO ISSUE LEGAL PROCEEDINGS?

Debt Recoveries

Taking debt collection action quickly is important to increase the chance of recovering payment. The longer the process of chasing letters, emails, and calls is repeated, the less likely it is to recover the debt. When setting payment terms, if the customer has not paid by the due date, the late payment becomes debt.

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Debt Collection: How Do You Decide When to Issue Legal Proceedings?

Debt Recoveries

It is important to take debt collection action quickly. The more time you waste on repeating the process of chasing letters, emails and calls the less chance you stand of recovering payment and just as importantly this is time you could be spending running and growing your business. Can you wait for your money?

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Collaborative Approaches between Creditors and Debt Collection Attorneys in New York

FFGN COLLECT NY

Debt collection is a complex process that requires transparent and seamless communication, proper documentation, and preservation of rights. It is challenging to balance these factors for creditors who collect payments from debtors. What Do Debt Collection Attorneys Do?

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Best practice tips for Legal Processes

CICM

If you are in a position where you are considering legal action, this blog aims to explore some CICM best practice tips around the legal process to better inform your decision-making and knowledge on the processes involved. What assets do they hold? Do they have other debts? Are they worth suing?

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What Is a Judgment?

Credit Corp

A judgment is an order issued by a judge or jury to settle a lawsuit. For example, if you fail to pay a debt, the lender can take you to court. In this case, the judge may order you to pay the other party as part of the court’s final judgment. It occurs when one party is liable to another.

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Discharge in Bankruptcy – Bankruptcy Basics

Sawin & Shea

Bankruptcy is an opportunity for someone to forge their way through what seems like an impossible debt-ridden situation and come out the other side. It is a legal way of either consolidating or discharging allowable debts in order to get a fresh start. Which Debts Cannot be Discharged in Bankruptcy? What is Bankruptcy?

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How To Remove Credence Resource Management From Your Credit Report

Better Credit Blog

Is Credence Resource Management, LLC, contacting you about unpaid debts? Whether you’ve seen this name on your phone, in a letter, or on your credit report, you might be wondering how to proceed. The longer you avoid a debt collection agency like Credence, the more damage the agency can do to your credit score.