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. Knowing whether or not the debtor owns crypto like bitcoin is of course a challenge. Laws differ from state to state.

Debtor 130

Debtor Creditors Government Banks 130

Nexa Collect

SEPTEMBER 1, 2024

Increased Awareness of Debtor Rights and FDCPA Laws: The widespread awareness about consumer rights, particularly through social media, blogs, and videos educate people on what they should and should not tolerate from debt collectors. Most reputable and sensible collection agencies are now adopting a much softer approach.

Collections 130

Collections Collections Agency Collection Agencies Debt Recovery 130

Nexa Collect

JUNE 7, 2025

However, the advent of mobile payment solutions has revolutionized the industry, offering both debtors and creditors a seamless and efficient method to manage debt repayment. Debtors can settle debts instantly from anywhere. Debt collection has traditionally been viewed as a cumbersome and often stressful process.

Collections 130

Collections Debtor Debt settlement Debt collector 130

Nexa Collect

JUNE 23, 2023

Collection agency letters can impact debtors, depending on factors such as the debtor’s financial situation, emotional state, and knowledge of their rights and responsibilities. Here are some potential impacts: Stress and Anxiety : Receiving a letter from a collection agency can cause significant stress and anxiety for debtors.

Collection Agencies 100

Collection Agencies Collections Agency Debtor Collections 100

Nexa Collect

JUNE 23, 2023

The impact of a debt collector’s call on the debtor can be multifaceted and can affect various aspects of the debtor’s life. Debtors may feel embarrassed, worried, or even scared when contacted by a debt collector. Having an unpaid debt in collections could potentially impact a debtor’s employment prospects.

Debtor 100

Debtor Debt collector Credit Counselor Fair Debt Collection 100

Account Recovery

DECEMBER 26, 2024

Exemption laws, which protect a debtors income and assets in the event of a judgment or collection lawsuit are in the spotlight following the release of an annual report from the National Consumer Law Center, which attempts to shed light on what the advocacy group perceives to be the inadequacies of these protections.

Debtor 130

Debtor Judgment Banks Collections 130

Roths Child Law

SEPTEMBER 21, 2023

Bankruptcy is a complex procedure that aims to give debtors a fresh start while ensuring creditors get as much repayment as possible. Benefits for debtors are more than just financial One of the most immediate and noticeable benefits of the automatic stay for debtors is peace of mind.

Debtor 96

Debtor Creditors Bankruptcy Repossession 96

Account Recovery

DECEMBER 30, 2024

Gretchen Whitmer, introduces substantial changes to how creditors can collect debts and what assets debtors can protect. Supporters, including Representative Kara Hope, argue these updates are necessary to prevent financial devastation while allowing debtors to maintain basic living standards and continue paying their daily expenses.

Garnishment 130

Garnishment Debtor Collection Agencies Collections Agency 130

Account Recovery

JUNE 16, 2022

The Court of Appeals for the Sixth Circuit has overturned a lower court’s ruling in favor of a collection law firm that was sued for attempting to collect a debt from the spouse of the actual debtor, ruling that the law firm did not exhaust all of its efforts to collect from the actual debtor … The post Appeals Court Reverses Ruling in (..)

Law Firms 244

Law Firms Collections Debtor 244

Account Recovery

JANUARY 13, 2022

The Bankruptcy Appellate Panel, Ninth Circuit, has overturned a bankruptcy’s court ruling that awarded a debtor attorney’s fees after a debt collector filed proofs of claim that were time-barred. A copy of the ruling in the case of LVNV Funding v. Andrade-Garcia can be accessed by clicking here.

Chapter 7 bankruptcy 246

Chapter 7 bankruptcy Bankruptcy Debtor Debt collector 246

Collections Law

JUNE 30, 2025

Cohen & Associates LLC, we understand the frustration and financial strain that comes with dealing with debtors who refuse to pay. Three things you should do immediately after securing a judgment Securing a judgment against your debtor is a significant milestone, but it’s only the beginning. At the Law Offices of Alan M.

Debtor 40

Debtor Judgment Collections 40

Nexa Collect

SEPTEMBER 9, 2024

Over time, your agency has played a role in shaping the financial lives and impacting credit histories of debtors, while also having contractual commitments to y our clients. Additionally, some states may require you to remove debtors from credit bureau reports , as errors in reporting may come to light after your agency has closed.

Collection Agencies 130

Collection Agencies Collections Agency Collections Asset liquidation 130

Account Recovery

MARCH 10, 2025

ROBBIN LAW: After the New York Attorney General Letitia James (NYAG) recent crack downs on debt collectors violations of New Yorks Exempt Income Protection Act (EIPA), the NYAG has provided debtors with a guide on their rights under the EIPA. Just as recent as January 2025, the NYAG secured over $1million from Ouro Global, Inc.,

Debt collector 130

Debt collector Fair Debt Collection Debtor Judgment 130

Account Recovery

APRIL 8, 2025

The bill defines “debt settlement services” as any action or negotiation initiated on behalf of a debtor to obtain debt forgiveness. The bill defines “debt settlement” as the practice of acting as an intermediary between a debtor and creditor to reduce, settle, or alter debt terms. If passed, H.B.

Debt settlement 100

Debt settlement Debtor Trade Creditors 100

Collections Law

APRIL 22, 2025

While you might consider negotiating with debtors yourself, it’s crucial to understand that this is a complex undertaking, and the laws in Massachusetts can be difficult to understand. We ensure that the debtor understands the seriousness of the situation and the potential consequences of non-payment.

Debtor 40

Debtor Commercial Collection Collections Lawyers 40

Collections Law

OCTOBER 23, 2024

Property liens to satisfy a judgment Placing a lien on the debtor’s property can be an effective way to secure payment and is authorized under Massachusetts laws. A lien prevents a debtor from selling off their real estate and property, or even refinancing it, without first paying the debt that is owed to you.

Judgment 98

Judgment Commercial Collection Debtor Lawyers 98

Account Recovery

DECEMBER 6, 2021

Jack is mostly known for running WebRecon, a litigious debtor scrub that has become an important risk management product for companies in the accounts receivable and contact center industries. Starting up and running company is hard enough. But for Jack Gordon, that’s just a starting point.

Debtor 243

Debtor 243

Account Recovery

AUGUST 12, 2022

A skiptracer that worked as part of a ring that obtained place-of-employment information about individuals with unpaid debts by pretending to be the debtors and created thousands of unemployment insurance applications to learn their last know place of employment has been sentenced to 45 months in prison following a five-day trial.

Debtor 246

Debtor 246

Account Recovery

NOVEMBER 17, 2021

Fight and you may stop future lawsuits from being filed, but … The post State Appeals Court Reverses Ruling, Puts Agency on Hook for Debtor’s Legal Fees appeared first on AccountsRecovery.net. Settle and you save money now, but possibly paint a target on your back for more lawsuits.

Accounts Receivables Management 246

Accounts Receivables Management Debtor 246

Account Recovery

OCTOBER 1, 2021

Chopra Confirmed by Senate; Judge Dismisses Claims Over Calls to Debtor’s Mother appeared first on AccountsRecovery.net.

Debtor 245

Debtor 245

Account Recovery

FEBRUARY 18, 2022

JUDGE GRANTS MSJ FOR DEFENDANT IN FDCPA CASE OVER CALLS TO DEBTOR’S WIFE A District Court judge in Illinois has granted a defendant’s motion for summary judgment and denied a similar motion from a plaintiff in a Fair Debt Collection Practices Act case, ruling that 12 calls placed during a three-week period does not rise … The post Daily (..)

Fair Debt Collection 246

Fair Debt Collection Collections Debtor Judgment 246

Account Recovery

DECEMBER 7, 2021

Jack is mostly known for running WebRecon, a litigious debtor scrub that has become an important risk management product for companies in the accounts receivable and contact center industries. IN CONVERSATION: JACK GORDON Starting up and running company is hard enough. But for Jack Gordon, that’s just a starting point.

Debtor 245

Debtor 245

Account Recovery

FEBRUARY 3, 2022

” … The post Judge Grants MTD in Hunstein Copycat Case appeared first on AccountsRecovery.net.

Debt collector 238

Debt collector Debtor Collections 238

Collect More

JANUARY 19, 2025

When was the last time you cut off a debtor who owed you money? If there are multiple outstanding invoices on your customer’s Statement then unfortunately my friend, you have a problem. Said no when they asked you to do more work or provide more stock? Told them you’d only agree once they’ve paid you in full?

Debtor 100

Debtor Creditors Collections 100

Account Recovery

DECEMBER 1, 2022

A District Court judge in New Jersey has granted a defendant’s motion to dismiss, ruling that a collector saying it “was willing to accept” an amount to settle a debt is not confusing to a least sophisticated debtor regarding the identity of the creditor to whom the debt was owed, and that the plaintiff did … The post Judge (..)

Creditors 245

Creditors Debtor 245

Account Recovery

OCTOBER 1, 2021

A District Court judge in Georgia has dismissed claims that a collector violated the Fair Debt Collection Practices Act by calling the mother of an individual with an unpaid debt more than 15 times after the mother had asked not to be contacted, and that the collector meaningfully disclosed its identity in a voicemail left … The post Judge Grants (..)

Fair Debt Collection 223

Fair Debt Collection Debtor Collections 223

Account Recovery

MAY 8, 2025

Read the Supreme Court’s ruling.

Creditors 147

Creditors Credit Card Debt Creditor's Rights Original Creditor 147

UK debt collections

JUNE 24, 2025

Additional insights from the AI Debt Collection study include: Debtors were 34% more likely to respond to human outreach than AI-generated messages. the Fair Debt Collection Practices Act (FDCPA) governs how and when collectors can contact debtors. Compliance and Regulatory Risks Debt collection is subject to strict legal regulations.

Collections 65

Collections Debtor Debt Recovery Fair Debt Collection 65

Nexa Collect

FEBRUARY 19, 2025

If the balance merits it ($2K+) and the debtor has a decent credit score, job and maybe some assets like a home, Collection Agencies could file suit. This is problematic. Article written on 02/20/2025)

Credit Bureau 130

Credit Bureau Collection Agencies Collections Agency Debtor 130

Account Recovery

MAY 12, 2021

A hospital in Alabama should serve as an example to every type of collection operation, be it a third-party agency, creditor, or otherwise, that transitioning away from letters and phone calls and promoting digital engagement with patients and debtors is the best way to thrive in today’s economy. Jackson Hospital is a $1.2

Collections 214

Collections Debtor Creditors Healthcare 214

Account Recovery

MAY 15, 2025

Due to a lack of clarity and misunderstanding in terms of communication, the push notifications, texts and emails have come overnight at all hours, multiple times, to debtors. Peggy Gossett-Seidman, a Republican. Read the bill.

Collections 130

Collections Consumer Collections Debtor 130

Burt and Associates

JUNE 18, 2025

While this protects the debtor , it can leave many small and mid-sized creditors at risk of permanently losing revenue. What Collectors Can Do During Bankruptcy Once a debtor files for bankruptcy, you must immediately cease traditional collection actions. According to the U.S. Q2 2024 6,530 44.3% Q3 2024 6,840 42.1%

Bankruptcy 87

Bankruptcy Collections Creditors Unsecured Creditor 87

Account Recovery

FEBRUARY 7, 2025

Ivan can be easily added to your website or portal with a Call Me button, capturing all communication consentsprior Ivan calls the debtor. Key features include: Experience Ivan in Action Visit ImpactAI.cloud, click the Try Me button, and start a live conversation today.

Collections 130

Collections Debt Recovery Financial Institution Debt Management 130

FFGN COLLECT NY

MARCH 18, 2025

Looking to execute on a judgment but need more information about the judgment debtors assets to collect? If so, you might consider a debtors exam. A debtors exam provides an opportunity for the creditor to question the judgment debtor and discover information related to the defendants assets.

Debtor 52

Debtor Judgment Collections Banks 52

Collections Law

JANUARY 31, 2025

When you are pursuing a commercial collections lawsuit against a business debtor, it is easy to assume that payment is just around the corner. They allow you to secure assets of the debtor before the court issues a judgment. This means that before your debtor can sell or refinance property, your debt will have to be paid first.

Judgment 52

Judgment Commercial Collection Debtor Lawyers 52

Jimerson Firm

MAY 30, 2024

The Bankruptcy Code provides debtors with a fresh start or an opportunity to reorganize their debts. In doing so, the Code requires all debtors to provide, under oath, a full disclosure of their assets and liabilities. Such property includes causes of action belonging to the debtor at the commencement of the bankruptcy case.

Debtor 59

Debtor Bankruptcy Chapter 7 bankruptcy Creditors 59

Qualco

MAY 8, 2025

Example: A debtor logging into the platform can immediately see their latest payment, view upcoming payment deadlines, and more. Example: A debtor requesting to update their payment plan must provide identifiers such as their Tax Identification Number (TIN) or other personal information. Ready to shift to smarter collections?

Debtor 52

Debtor Collections Judgment 52