American Profit Recovery

MAY 2, 2023

Never be apprehensive or afraid to communicate with a professional debt collector. Professionally trained collectors are there to help you navigate the complexities of outstanding debt. Here’s a few tips from our debt collection experts on how consumers can improve communication with debt collectors.

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Debt collector Collection Agencies Collections Agency Collections 181

UK debt collections

JUNE 25, 2024

A pensioner who is terminally ill has been threatened with debt collectors by HMRC , after he didn’t receive confirmation that he had paid the correct tax bill. HMRC has been accused of threatening a terminally ill 92 year old man with debt collectors. ” “This has caused huge distress.”

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Debt collector Government Collections 87

Account Recovery

JULY 19, 2024

Collector Sued for Keeping Consumer on Phone After Attorney Representation Notification Judge Remands Hunstein Class Action for Lack of Standing Medical Debt Linked to Delays in Getting Help for Depression, Anxiety House Report on AI Includes Interview with Debt Collector WORTH NOTING: A massive IT outage is taking out businesses all over the country (..)

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Debt collector 130

Account Recovery

JULY 3, 2024

CFPB Supervisory Highlights Spotlight Issues with Debt Collectors Report Calls Out AI Tool for Lying About Being Human Appeals Court Rules Defendant Can Refuse to Pay Arbitration Fees 22 Companies Seeking Collection Talent WORTH NOTING: The social etiquette surrounding large groups splitting the check at a restaurant … Tips to keep dogs from (..)

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Debt collector Collections 130

Account Recovery

AUGUST 26, 2021

A ruling that should have every debt collector going through their insurance policies to make sure they have the proper coverage … The Court of Appeals for the Eighth Circuit has affirmed a lower court’s ruling in favor of an insurance company that was being sued by a law firm that was accused of violating … The post Appeals Court (..)

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Account Recovery

APRIL 18, 2024

The Attorney General of New York yesterday announced that a financial institution will pay $700,000 in fines and penalties for illegally freezing customer accounts and sending debt collectors tens of thousands of dollars that should have been protected or exempt from garnishment.

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Debt collector Banks Garnishment Financial Institution 130

Account Recovery

JUNE 8, 2021

The Department of Financial Protection and Innovation in California has issued a consumer alert, notifying the public that The Offices of Morgan and Moss is “holding itself out as a legitimate debt collector” in California, and is using “threatening and abusive tactics to coerce consumers to make payments on ‘debts’ that (..)

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Debt collector 244

American Profit Recovery

JULY 9, 2021

Do you know the truth about debt collectors? Do you feel you know what a collector does? Collectors and consumers can have cordial and productive discussions. In many cases a conversation between a debt collector and the consumer is respectful and at the same time productive. Are we proud of what we do?

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Debt collector Collections Collection Agencies Collections Agency 241

Account Recovery

SEPTEMBER 29, 2021

A debt collection company based in Atlanta and its owners have been permanently banned from the industry and will pay $266,000 out of a $3 million penalty under the terms of a settlement announced by the Federal Trade Commission, which had sued the company and its owners for threatening to have consumers arrested and imprisoned … The post Debt (..)

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Debt collector Trade Collection Companies Collections 238

Direct Recovery

MAY 4, 2024

Believe it or not, debt collectors can actually pull your credit report, and they don’t even need your permission to do so. Even if you work to keep up with your credit report, you might be surprised to find sudden changes that debt collectors might encounter, or even cause themselves. That is not exactly the case.

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Debt collector Creditors Debtor Loans 80

Account Recovery

MAY 22, 2024

Judge Grants MJOP For Defendant in FDCPA Case Over Whether Calls Were Convenient Maryland Regulator Settles With Debt Collectors Side Hustles Helping Consumers Make Ends Meet 29 Companies Seeking Collection Talent WORTH NOTING: Five features on Spotify that you should be using more … The Federal Reserve Board has released the results of a survey (..)

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Debt collector Collections 147

Account Recovery

MARCH 28, 2024

A District Court judge in West Virginia has denied a motion to dismiss filed by a credit union that is facing a class-action lawsuit for violating the West Virginia Consumer Credit and Protection Act by charging a $5 fee to make payments over the telephone, ruling the credit union is a debt collector under the […]

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Credit Unions Credit Unions Debt collector Consumer Credit 130

American Profit Recovery

DECEMBER 29, 2022

The process of debt collections should be no different. Nice debt collectors help build cash flow for a business. You will experience far more results when that happens than if collectors just demanded payment. When your customers interact with nice debt collectors, you will see a dramatic improvement in cash flow.

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Debt collector Collection Agencies Collections Agency Collections 130

Nexa Collect

JUNE 24, 2023

As per my knowledge, there are no clear guidelines from the government for a debt collector who wants to work from home. The debt collector should not have the ability to install new programs or use external devices like a USB drive that can be used to copy the data.

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Debt collector Collection Agencies Collections Agency Debtor 100

Account Recovery

FEBRUARY 23, 2022

A class action lawsuit has been filed in North Carolina federal court against a hospital network and the collection agency it uses, accusing them of violating state law in North Carolina as well as the Fair Debt Collection Practices Act by overcharging him for a visit to the emergency room and using “aggressive, manipulative, and … The (..)

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Debt collector Fair Debt Collection Collection Agencies Collections Agency 243

Account Recovery

JANUARY 14, 2022

Companies that collect medical debt were put on notice yesterday by the Consumer Financial Protection Bureau to make sure that the debts they are trying to collect are not prohibited under the recently enacted No Surprises Act.

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Debt collector Collections 246

Account Recovery

APRIL 10, 2023

The post State Court Judge in Texas Grants MSJ For Debt Collector appeared first on AccountsRecovery.net.

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Debt collector 130

Account Recovery

SEPTEMBER 14, 2020

A year after he was sued by the Attorney General of North Carolina for collecting on debts without the proper license, Gordon Scott Engle has been arrested and charged with 81 counts of failing to secure a permit from the state’s Department of Insurance, which regulates and licenses debt collectors in the Tarheel State.

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Debt collector Collections 173

Account Recovery

JULY 19, 2024

The House Committee on Financial Services Working Group on Artificial Intelligence yesterday released a bipartisan report that summarized six different roundtable meetings that were had with different companies — including one from the accounts receivable management industry.

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Debt collector Accounts Receivables Management Financial services 130

Account Recovery

JANUARY 19, 2024

A report from the city of Chicago’s Inspector General includes details about how a debt collector collected $200,000 in fees from the city for collecting on accounts that were not delinquent.

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Debt collector Collections 130

Account Recovery

AUGUST 13, 2021

The Attorney General of Georgia has announced a settlement with a company that was accused of violating the Fair Debt Collection Practices Act and state law in Georgia that will see the company turn over $19.8 million worth of accounts and pay a fine of $41,500.

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Debt collector Fair Debt Collection Collections 246

Account Recovery

MARCH 16, 2021

. – ACA International CEO Mark Neeb released a statement today refuting claims that debt collectors are targeting economic stimulus checks.

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Debt collector 246

Account Recovery

JANUARY 14, 2022

in Student Loans; CFPB Warns Medical Debt Collectors appeared first on AccountsRecovery.net. NAVIENT TO CANCEL $1.8B IN STUDENT LOANS UNDER DEAL WITH STATE AGS A deal was announced yesterday between student loan servicer Navient and 39 state attorneys general that will see the company pay $145 million in restitution and cancel $1.7

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Student loans Student Loans Debt collector Loans 246

Account Recovery

JULY 3, 2024

You can say a lot of things about the Consumer Financial Protection Bureau, but one thing you can’t say is that they keep you in the dark about what they are thinking and the issues that matter to them. One of the ways they keep the credit and collection industry updated is by publishing summaries […]

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Debt collector Collections 130

Account Recovery

MAY 22, 2024

The Maryland Department of Labor’s Office of Financial Regulation has announced a settlement with a number of companies now owned by the Bank of Missouri for not being properly licensed in the state to provide retail credit services and for engaging in unlicensed and unregulated debt collection activities.

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Debt collector Retail Banks Collections 130

Taurus Collect

FEBRUARY 1, 2024

That’s where a debt collections service steps in—a critical intermediary that takes on the task of pursuing delinquent accounts to ensure that owed funds are recovered. Introduction Debt collectors, often viewed with a mix of apprehension and uncertainty, play a significant role in the credit economy.

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Debt collector Debtor Collection Agencies Collections Agency 52

Sawin & Shea

JUNE 29, 2022

While it is normal and expected for debtors to receive calls or notices in the mail or email from their creditors and debt collectors, it is not okay for them to harass you or intimidate you. Taking steps to understand your rights and the legalities surrounding debt collection can help you better navigate the situation.

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Debt collector Creditors Collection Agencies Collections Agency 97

Account Recovery

MARCH 14, 2024

Getting to Know Matt Jubenville of Midland Credit Management Passive Debt Buyer Meets Definition of Debt Collector Under FDCPA, Indiana State Law, State Appeals Court Rules Medical Debt Credit Reporting Bill Advances in Illinois Senate Employers Need Education on Student Loan Garnishments PRA Group Appoints Glenn Marino to Board of Directors WORTH (..)

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Debt collector Credit Management Student loans Student Loans 147

Nerd Wallet

FEBRUARY 18, 2022

What is a debt collector? A debt collector is a person, agency or company responsible for collecting money owed, usually on a past-due account. The article What Is a Debt Collector? Lauren Schwahn writes for NerdWallet. Email: lschwahn@nerdwallet.com. Twitter: @lauren_schwahn.

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Debt collector Third-party Debt Collectors Fair Debt Collection Creditors 98

Debt Free Colorado

FEBRUARY 21, 2022

In this article we will answer the question: What can debt collectors do to you? Does Colorado Law Protect Me From Debt Collectors? When collecting a debt from you, collection agencies must adhere to federal and state rules. Fortunately, the federal Fair Debt Collection Practices Act (FDCPA) protects all states.

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Debt collector Fair Debt Collection Collection Agencies Collections Agency 98

Account Recovery

NOVEMBER 5, 2020

” Moving … The post Consumer Groups Ask Kraninger to Abandon CFPB Reorg, Cite Lack of Supervision Over Debt Collectors appeared first on AccountsRecovery.net.

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Debt collector 245

Credit Corp

NOVEMBER 21, 2021

When you’re in debt, getting calls from debt collectors is an unwelcome but common occurrence. But can debt collectors call on holidays? Can Debt Collectors Call on Holidays? Can a Debt Collector Call on Sundays? What Hours Can a Debt Collector Call? In This Piece.

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Debt collector Fair Debt Collection Creditors Collections 98

Taurus Collect

MARCH 5, 2024

Ignoring debt collectors may seem like a temporary solution to financial woes, but it often leads to more severe repercussions down the line. Engaging with a debt collections service is a crucial step towards managing and settling outstanding debts. Legal Actions: Ignoring debt collectors can potentially lead to lawsuits.

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Better Credit Blog

APRIL 4, 2022

If you are like most people, you have dealt with or are currently dealing with debt collectors. I’ve been preaching about the dangers of debt collectors for years and get countless emails from readers who end up in trouble by answering the phone when a debt collector calls. Talk to Credit Saint.

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Debt collector Fair Debt Collection Collection Agencies Collections Agency 116

JMA

JANUARY 30, 2024

What role do debt collectors fulfil in the financial ecosystem? The primary task of a debt collector is to pursue the repayment of overdue debts, using a combination of negotiation, strategic communication, and legal action when required. appeared first on JMA Credit Control.

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Debt Recovery Debt collector 52

UK debt collections

FEBRUARY 23, 2022

Debt Collectors and Bailiffs Steve Pinner and Paul Bohill earned fame across the UK featuring on Channel five’s Can’t Pay? We’ll Take It Away. Now they no longer work for DCBL (Direct Collections Bailiffs Ltd) that featured on the programme and are chasing their former employers for £200,000.

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Debt collector Collections 95

Credit Corp

NOVEMBER 15, 2020

When you’re in debt, getting calls from debt collectors is common. But can debt collectors call on holidays? Although there are no regulations that specifically make calling on holidays illegal, there are regulations that prohibit debt collectors from contacting consumers at unusual or known inconvenient times. .

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Debt collector Creditors Fair Debt Collection Garnishment 119