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What Should You Know If You Have Debts In Collections?

Taurus Collect

Having debts in the collection primarily means that a third party is pursuing you to retrieve payments for your debts on behalf of your creditors. Debt collection is a process that gives debtors certain rights that debt collection agencies must respect.

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Integrating Judicial and Extrajudicial Strategies in Portfolio Management

Qualco

The critical role that effective system infrastructure plays in the successful execution of judicial and extrajudicial strategies for loan recovery is increasingly evident. This method allows a servicer to initiate legal proceedings to pressure a debtor while negotiating an extrajudicial settlement.