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Government is Making Debt Recovery a lot Harder

Nexa Collect

The US government has thrown a slew of laws on collection agencies, making bad-debt recovery harder and costlier. Our government’s intention behind these laws is not wrong, but the ground reality is different. . Debtors who would have usually paid quickly are now disputing the collection notices more than ever.

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Managing Bankruptcy and Medical Debt Relief in Broomfield, CO

Debt Free Colorado

Quick Summary: Healthcare-related debts such as medical bills become dischargeable through bankruptcy (Chapter 7 and 13). You can also seek guidance from credit counseling agencies, medical billing advocates, and government assistance. It can provide potential relief for individuals overwhelmed by healthcare-related debts.

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Affordable Care Act’s Shared Responsibility Payment is a Tax Entitled to Priority

ABI

2] In July 2019, Robert and Bonnie Szczyporski (the “Debtors”) filed voluntary petitions for relief under Chapter 13 of the Bankruptcy Code. [3] 3] The IRS filed a proof of claim against the Debtors for unpaid taxes and interest, including a $927.00 shared responsibility payment. [4] shared responsibility payment. [4]

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184 Burr & Forman Attorneys Named Among the 2022 Best Lawyers in America

Burr Forman

Erich Durlacher – Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law. Michael Hall – Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, Bet-the-Company Litigation, Litigation – Bankruptcy. Michael Ey – Economic Development Law, Government Relations Practice, Land Use and Zoning Law.

Lawyers 105
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3rd Circuit Ruling On Bar Codes Has Implications For Debt Collectors

Collection Industry News

Healthcare Revenue Recovery Group, LLC , the plaintiff received a debt collection letter from Healthcare Revenue Recovery Group displaying a bar code on the envelope. Preferred Collections and Management Services, Inc. , In Morales v. The 3rd Circuit said yes. The court first pointed to the seminal case of Spokeo, Inc.

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Collections at Christmas Time - Tips for Collecting During this Notoriously Difficult Season

Credit Management Company

Some collection agencies make the mistake of pausing collection efforts during this time of the year to avoid increasing tension between the healthcare provider and the patient. However, this approach can be extremely counter intuitive - outstanding receivables affect the bottom lines of both the healthcare providers and the agency.

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Common Myths About Using a Collection Agency

Credit Management Company

However, the FDCPA only protects consumer debtors. It offers no protection to commercial debtors such as a company. Since we’ve dispelled some of the myths about collection agencies, we hope you can see these collectors aren’t evil, greedy groups and offer several means to help both businesses and debtors.