Collections Law

APRIL 1, 2020

Collecting debts from debtors having assets in Massachusetts while you are in another state or a different country used to be difficult, even if you had a judgment against them. Massachusetts was among the few states that had not adopted the Uniform Enforcement of Foreign Judgment Act. Not Just Domestication — Enforcement, Too.

Judgment 52

Judgment Collections Debtor Foreclosure 52

Taurus Collect

OCTOBER 30, 2023

This blog post aims to provide you with five best practices for working effectively with a collections agency under this model, ensuring that your business can recover its debts efficiently and economically. The Late Payment of Commercial Debts Act (1998) is one crucial law that you should be well-versed in.

Collection Agencies 52

Collection Agencies Collections Agency Collections Debt Recovery 52

Troutman Sanders

JUNE 30, 2021

Columbia Debt Recovery , a Washington district court awarded each plaintiff $30,000 in emotional distress damages under the Fair Debt Collection Practices Act (FDCPA), $120 in treble actual damages under the Washington Collection Agency Act (WCAA) and the Washington Consumer Protection Act (WCPA), and $2,000 in statutory damages under the FDCPA.

Fair Debt Collection 52

Fair Debt Collection Garnishment Legal Rights Debt Recovery 52

Nexa Collect

NOVEMBER 1, 2021

Individuals can be legally forced to pay their debts with their cryptocurrency, but the creditor must have a judgment which states that the debtor is obligated to pay off the debt, including any cryptocurrency they own. Debtors are legally bound to pay their liabilities like outstanding credit cards or unpaid bills etc.

Debtor 130

Debtor Creditors Government Banks 130