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.
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.
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Taurus Collect
NOVEMBER 15, 2023
How Do Collection Agencies Operate and What Are Their Legal Rights Collection agencies in the UK operate within strict regulations, and their rights and powers are clearly defined by the law. They can’t harass debtors or act unfairly. Therefore, any changes could lead to inaccuracies in their credit report.
Sawin & Shea
SEPTEMBER 27, 2023
Chapter 7 is also known as liquidation bankruptcy because in exchange for receiving a discharge of most kinds of debts, the debtor has to give up non-exempt assets. Debt collectors have a legal right to pursue the collection of personal debt within the bounds of the law. The Court can sell all nonexempt possessions and assets.
Collection Industry News
DECEMBER 21, 2020
According to the Bureau’s Consent Order, the Agency began purchasing and collecting on consumer debt beginning in 2012, and hired debt collection law firms to assist in their collection efforts by suing debtors in 2014.
Direct Recovery
JUNE 24, 2020
Let’s dive into the details and break down exactly what debt collectors can and cannot do right now. The Judgment Factor. The key determining factor in whether or not one of the $1,200 stimulus checks can be garnished is whether or not the debtor in question has an existing judgement filed against them.
FFGN COLLECT NY
JANUARY 31, 2024
The role of the Attorney General (AG), head of the Department of Law, is “both the People’s Lawyer and the state’s chief legal officer…serves as the guardian of the legal rights of the people of New York, its organizations, and its natural resources.” Preserving your reputation is a priority.
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