Payment Savvy

OCTOBER 20, 2021

Being too easy with commercial creditors might cause your firm to collapse in a matter of minutes. When your company incurs a commercial debt, it should be handled by a B2B debt collection agency to avoid situations like this and to keep your business functioning smoothly without the monetary consequences of unpaid accounts receivable.

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Collection Industry News

DECEMBER 21, 2020

— Commercial Collection Agencies of America recently announced that through its initiative, Commercial Collection Agencies of America Gives Back , a portion of the proceeds of its virtual annual meeting has been given to Mental Health Advocates of WNY, formerly known as the Mental Health Association of Erie, New York.

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Credit Management Company

FEBRUARY 22, 2022

Therefore, many people find themselves encountering collection agencies at one point or another. Unfortunately, much of what people “know” about the debt collection industry relies more on myths than facts. When people believe these myths about using a collection agency, they often run into trouble.

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Collection Industry News

JUNE 8, 2023

Consult with an attorney experienced in commercial debt collection to assess the viability of your case and guide you through the legal process. Collection agencies: Engaging a professional debt collection agency specializing in commercial debts can be an effective strategy.

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Troutman Sanders

JUNE 13, 2022

On June 8, Office of the Comptroller of the Currency (OCC) proposed adding cannabis and digital currency activities to the list of business data it collects from banks in an attempt to better identify areas of risk in the financial system. For more information, click here. For more information, click here. For more information, click here.

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Collection Industry News

JUNE 1, 2021

Yesterday, the FDIC announced a settlement with Umpqua Bank that involved collection practices connected with commercial equipment financing offered by the bank’s wholly owned subsidiary. Engaging in excessive and sequential collection calls to customers, even when customers requested the subsidiary to stop these calls.

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Better Credit Blog

FEBRUARY 15, 2021

Are collections accounts weighing heavily on your credit report? If you’ve fallen behind on any of your accounts, you could find Fairway Collections on your credit report. As long as the collections entry stays on your report, it’s hurting your score. About Fairway Collections. Self-pay collections.

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Taurus Collect

SEPTEMBER 9, 2019

Our clients know that debt collection agency charges are a big factor in deciding how to collect their debts, and that is why we always compare our debt collection agency charges with competitors. Debt Collection Agency Charges. Simplified debt collection rates, starting @ 8% commission.

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Better Credit Blog

FEBRUARY 15, 2021

If you’ve received calls or letters from FCO Collections or noticed the name on your credit report, you probably have questions. Collections agencies like FCO may show up on your report when you forget to pay a bill or fall behind on your payments. Before you get in touch with the agency, take a look at the guide below.

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Troutman Sanders

OCTOBER 13, 2020

Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. To preserve the landlord’s right to collect, landlords must provide tenants with written notice on or after October 1. State Activities. Privacy and Cybersecurity Activities.

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FFGN COLLECT NY

APRIL 21, 2022

By choosing to enlist the help of a debt collection law firm you can take advantage of a number of different debt collection options to assist in the collection of monies owed to you. Collection attorneys work as a “legal” agency. Most collection attorneys will handle all phases of the debt collection process.

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Direct Recovery

MAY 27, 2021

If you are someone that is tasked with handling collections for a small business or a commercial debt collection agency, those stimulus checks are a breath of fresh air in what has otherwise been an extremely frustrating year across just about every industry. Some are doing the right thing and saving it for a rainy day.

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Better Credit Blog

AUGUST 31, 2020

Having debt in collections can be downright overwhelming, especially when debt collectors bombard you with dozens of phone calls. What you may not know is that you are protected by the Fair Debt Collection Practices Act (FDCPA), a law designed to keep third-party debt collectors in check when they contact you. Table of Contents.

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Troutman Sanders

APRIL 11, 2022

Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. Department of Education announced an extension of its pause on student loan repayment, interest, and collections through August 31, 2022. State Activities. Privacy and Cybersecurity Activities.

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Click Notices

APRIL 23, 2020

Affordable Housing: type of housing that a federal or state agency governs to help and control the rent to those who meet a certain predetermined criterion . Affordable Housing: type of housing that a federal or state agency governs to help and control the rent to those who meet a certain predetermined criterion .

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Receivables Control

MARCH 11, 2019

Steps to save time and attorney costs: Start by partnering with a reputable collection agency. Your agency’s number 1 priority is to collect your funds outside of litigation. Receivables Control works on a contingent commission basis, we have the incentive to collect your money quickly.

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Stevens Lloyd

NOVEMBER 26, 2018

In our twenty plus years in the commercial debt recovery business, we’ve observed a universal fear among people in business: They want the money they’ve earned but they’re deeply afraid to press too hard lest they upset customers who not only might not pay but could also take their business elsewhere.

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Troutman Sanders

NOVEMBER 1, 2021

Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. On October 29, the CFPB released several guidance documents to assist industry with providing the validation information to prepare for the Debt Collection Rule’s upcoming effective date.

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Troutman Sanders

OCTOBER 4, 2021

Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. On September 22, the Internal Revenue Service announced that it awarded new contracts to three private sector collection agencies to collect overdue tax debts. State Activities.

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Better Credit Blog

AUGUST 31, 2020

ConServe is a debt collection agency that may contact you regarding unpaid debts. Collections accounts stay on your credit report for as long as seven years, which means that any lender or creditor can make decisions based on the fact that you have had debt in collections. What is ConServe? Negotiate a Settlement.

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Better Credit Blog

SEPTEMBER 18, 2020

Either way, they will open a collections account on your credit report in order to legally pursue payment. Having a collection account on your credit report is extremely damaging to your credit score. A collection account can stay on your credit report for up to seven years and can continue to impact your score even if you pay it off.

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Troutman Sanders

AUGUST 24, 2020

Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. We regularly update this site with COVID-19 news and developments, recommendations from leading health organizations, and tools that businesses can use free of charge. State Activities. Postal Service (USPS).

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Collection Industry News

AUGUST 23, 2022

1 Because insufficient data security is likely to cause substantial injury to consumers that is not reasonably avoidable or outweighed by countervailing benefits to consumers or competition, 2 the CFPB considers this to be an unfair practice – even in the absence of a data breach. CFPB asserts expanded authority for information security.

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Troutman Sanders

FEBRUARY 16, 2022

Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. This year, 34 large banks will be tested against a severe global recession with heightened stress in commercial real estate and corporate debt markets. State Activities. billion on January 21, 2022.”

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Troutman Sanders

JANUARY 20, 2022

Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. We regularly update this site with COVID-19 news and developments, recommendations from leading health organizations, and tools that businesses can use free of charge. State Activities.

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Better Credit Blog

SEPTEMBER 4, 2020

You have also probably seen them appear on your credit report as a collections account. This is because Rausch Sturm has been hired by your original creditor to collect the debt on their behalf. Collections accounts are bad news for your credit score and can damage it for up to seven years. Communicate in Writing.

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Troutman Sanders

NOVEMBER 24, 2020

Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. We regularly update this site with COVID-19 news and developments, recommendations from leading health organizations, and tools that businesses can use free of charge. For more information, click here.

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Debt RR

SEPTEMBER 9, 2020

You can initiate a formal debt clearance process through debt collection letters, which we will look at in this article. Conversely, if your business is on the receiving end of this letter, we also discuss the nitty-gritty of the debt collection letter. The Basics of a Debt Collection Letter. Types of Debt Collection Letters.

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The Kaplan Group

APRIL 8, 2021

Several betting agencies had different variations of these techniques however they’re not in use after a authorities crackdown. The CEO of a British gambling site has taken residence Britain’s biggest ever pay packet after a fifty two per cent pay rise but one critic says it’s “ludicrous”.

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