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Taurus Collect
NOVEMBER 15, 2023
They also must respect your privacy by not contacting you at unreasonable hours or excessive frequency. Right to a written notice: Upon initial contact, the debt collector must send you a written notice within 5 days containing the amount of debt, the name of the creditor, and what action to take if you dispute the debt.
Jimerson Firm
FEBRUARY 5, 2021
However, once the loan has been referred to Treasury, lenders and CDCs are prohibited from conducting any servicing or liquidation actions on the loan. SOP 50 55. 7(a) lenders should use the “ SBA Charge Off Tabs/Wrap-Up Report ” template, whereas 504 authorized CDCs should use the “ 503/504 Liquidation Wrap Up Report ” template.
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