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Navigating Commercial Debt Collection: Tips and Best Practices

Taurus Collect

This can lead to more effective and efficient debt retrieval. Judgment: If the debtor does not respond to the claim or fails to repay, you can apply for a judgment from the court. Enforcement: After obtaining a judgment, various mechanisms can be used to enforce it and recover the debt.

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Medical Debt Collection Harms Patient Finances

Collection Industry News

We will reevaluate our situation once (the federal government) declares we are no longer in a pandemic,” said Tom Russell, a spokesperson for UW Health, which stopped such lawsuits in late March 2020. million in medical debt over the three years, receiving judgments in 4,110 cases. million in 932 cases and received judgments in 751.

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2nd Cir. Holds FDCPA Defendant’s ‘Bona Fide Error’ Defense Should Go to Jury

Collection Industry News

A collection firm obtained a default judgment over a debtor named “William J. Thereafter, the collection firm unsuccessfully attempted to serve various post-judgment subpoenas and summons on the debtor at various addresses over the next few years. Wagner, knowing that he was not the debtor, did not retrieve the letter.

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