Debt Recoveries

OCTOBER 31, 2020

Keeping on top of your delinquent accounts is demanding. In operating and building a company, your accounts receivables are actually an asset to your business, but you still need to collect the money. So why use a debt collector instead of doing it yourself? Here’s why: Quick action results in a higher recovery rate. In my experience, an invoice that is 90 days overdue only has about a 50% chance of being collected in full.

Debt collector 59

Debt collector Debt Recovery Collection Agencies Collections Agency 59

Public Citizen

OCTOBER 31, 2020

The new rules are here. NACA and other groups, calling the rules a "mixed bag for consumers," comment here. Consumer Reports ("CFPB rules fail to protect consumers from abusive debt collection harassment") comments here. The Bureau said it intends to issue more rules in December.

Collections 45

Collections 45

Public Citizen

OCTOBER 31, 2020

Yehuda Adar of the University of Haifa and Shmuel I. Becher of the Victoria University of Wellington have written  Taking Boilerplate Seriously: Tackling Exploitation in Consumer Contracts. Here's the abstract: This Article calls for a conceptual shift toward the scrutiny of exploitative consumer standard form contracts. Current approaches to consumer standard form contracts assume that imbalanced and unfair terms can be adequately challenged by aggrieved consumers and effectively scru

45

45

Public Citizen

OCTOBER 31, 2020

West has published the fifth edition of Dee Pridgen's Consumer Protection Law in a Nutshell , the best short introduction to consumer protection law and an extremely useful volume for students and practitioners alike (disclosure: I commented on the manuscript of the fourth edition and coauthor a casebook with Dee). Here are some of the bigger changes from the fourth edition, which is also a review of the changes in consumer protection law over the four years since the last edition:   S

Creditworthiness 53

Creditworthiness Law Firms Lender Debt collector 53

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.