March, 2016

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When and How to Hire a Debt Collection Company

Firms

At FIRMS we realize that some of our potential clients have never worked with a debt collection company before. We have found a very insightful and helpful article written by Credit.com that will help guide you through the process and some tips to consider when making your choice. When to hire a collection agency. Most companies send accounts to a collection agency when they are between 90 and 120 days past due.

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Mar 18, What is a debt collector?

Debt Collection Answers

Under the federal Fair Debt Collection Practice Act, a debt collector generally is a person or a company that regularly collects debts owed to others, usually when those debts are past-due. Debt collectors include collection agencies or lawyers who collect debts as part of their business. There are also companies that buy past-due debts from creditors or other businesses and then try to collect them.

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Secured Creditors Beware: Ninth Circuit Holds a Chapter 13 Debtor may Avoid Liens Even if not Entitled to a Discharge

The Creditors Rights

Congress enacted § 1328(f) of the Bankruptcy Code when its passed BAPCPA. This section prohibits the granting of a chapter 13 discharge if the debtor received a chapter 7 discharge within four years prior to the commencement of his chapter 13 case. The Ninth Circuit in In the Matter of Blendheim , 803 F.3d 477 (9 th Cir. 2015) held a chapter 20 debtor may in his chapter 13 case avoid a lien under § 506(d) even if § 1328(f) precludes him from receiving a discharge.

Debtor 40
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Heupel Law Closed, Website Down

Debt Free Colorado

High-volume Denver bankruptcy law firm Heupel Law has closed it doors. As of 7 March 2016,the website for Heupel Law, [link] was offline. Before going offline, the website bore the following message: Heupel Law currently ceased operations as of February 28, 2016. At this time, it is unclear if and when the firm may reopen. Calling Heupel Law will result in a voicemail suggesting that you email Questions@HeupelLaw.com for information on transferring your case.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

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.

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What our clients say about FIRMS.

Firms

At FIRMS we take great pride in our customer satisfaction. We originally got started in the debt collection industry because we knew that FIRMS would make an impact on the debt collection industry in a very crucial way. We knew we would work harder and smarter than any one of our competitors. . Let me ask you a question. How is your current debt collection company working for you?

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Customer Interview

Firms

As one of the top leading debt collection agencies in the industry, FIRMS makes it a practice to contact a portion of our clients from time to time in order to find out some of the problems they had faced in the past with other debt collection agencies and how FIRMS can perform at a higher level to meet our customers needs and wants. Recently we contacted a relatively new client to the FIRMS family of clients and called Rood and Riddle Equine Hospital in Lexington, Kentucky.

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FIRMS: A Better Debt Collection Company

Firms

I have always had the type of personality and spirit about em that i want to help people. I can always remember seeing a product out there or a service offered and almost immediately being able to recognize various ways I could improve on those products and services. The same is true of the debt collection industry. I had never given the debt collection industry much thought but once I had started doing some investigating into the industry I quickly realized all the ways I could improve upon

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How To Save Money With Cash

Firms

Recently BuzzFeed ran an article with one of its editors in which she set out to save money over the course of two weeks by only using cash to pay for her necessities and to put her credit card away. During the first week she set a budget of under $60. This included buying food, going out for entertainment, and fun activities like going to get drinks with friends. .

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Mar 9, Women Collection Accounts

Debt Collection Answers

Three Reasons Why Women Struggle With Debt Collectors We’ve heard from thousands of people struggling to resolve collection accounts, and debt collection

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When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

Are you finding some snags in your collections process? With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

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Mar 14, Student Loan Repayment Options

Debt Collection Answers

Looking for help with student loan repayment ideas? Get help from a debt expert here.