Advocates on DFPI Debt Collection Committee Make Suggestions to Reform Legal Collections

Account Recovery

The two consumer advocates on the California Department of Financial Protection and Innovation’s Debt Collection Advisory Committee have come out and made two recommendations to protect Californians “from illegal collection practices and lawsuits.”

Firstsource Solutions Acquires American Recovery Services to Enhance Services in Debt Collections Market

Account Recovery

ARSI), a nationwide legal collections network headquartered in Southern California.


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Brit Suttell Awarded Prestigious Donald Kramer Award

Account Recovery

The Donald Kramer award is given each year to “someone whose efforts have made a substantial and lasting impact for the benefit of the credit and legal collection community.”

Brit Suttell Awarded Prestigious Donald Kramer Award

BN Lawyers

Brit Suttell wins the National Creditors Bar Association Donald Kramer Award for efforts on behalf of Credit and Legal Collections Industry. I’m humbled to receive such a prestigious award named after a true pioneer of legal collections, Don Kramer” said Suttell.

Tschider article on consent and privacy

Public Citizen

Here is the abstract: Although the first legal conceptions of commercial privacy were identified in Samuel Warren and Louis Brandeis’s foundational 1890 article, The Right to Privacy, conceptually, privacy has existed since as early as 1127 as a natural concern when navigating between personal and commercial spheres of life. As an extension of contract and tort law, two common relational legal models, U.S.

Trade 43

The End of Collections


“Software is capable of delivering extensive gains before you need to even consider debt collection agents!”. Debt collection isn’t a media darling, and you rightfully may know very little about it. Whichever structure they choose, their revenues boil down to collections fees.

How Do I Send Debt to Collections?

Nexa Collect

While it’s smart to initially attempt collection on your own, there’s only so much work you should do. Trying to collect a bad debt is draining on your time and your resources. Eventually, it makes sense to pass the task on to a professional debt collection company.

How To Remove Accelerated Financial Solutions from Your Credit Report

Better Credit Blog

Has your credit score taken a dive due to debt in collections? When a collections agency like Accelerated Financial Solutions gets access to your debt, it can drop your score and make your day-to-day life more stressful. Apartment complex collections. Legal collections.

FTC Cracks Down On Corrupt Debt Collectors

Collection Industry News

In a coordinated effort in 2015 called Operation Collection Protection, the FTC and more than 70 law enforcement partners took 115 actions against deceptive and abusive debt collection practices. Illegal activities included harassing phone calls, bogus threats of arrest or lawsuit, and violations of other provisions of the Fair Debt Collection Practices Act. The collectors threatened them with legal action unless they made an immediate credit or debit card payment.

How to Get BC Services off Your Credit Report

Better Credit Blog

To legally collect a debt from you, they must first report the debt to the major credit bureaus. This will open a collection account on your credit report, which can cause your score to drop as much as 100 points. Intimidate you with legal action that they can’t take.

CFPB Settles with Encore for $15MM Civil Penalties and $78K Monetary Relief

Collection Industry News

The 2015 consent order required Encore and its subsidiaries, prior to filing collection litigation, to provide consumers with a disclosure that the companies would provide original account-level documentation at no cost to the consumer within 30 days of a request. The 2015 consent order also prohibited the defendants from filing collection litigation on accounts that were time-barred by the applicable statute of limitations.

CFPB, FTC, Federal and State Law Enforcement Crackdown on Corrupt Debt Collectors

Collection Industry News

On September 29, 2020, the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC), along with more than 50 federal and state law enforcement partners, announced a nationwide law enforcement and outreach initiative designed to protect consumers from phantom debt collection, and abusive and threatening debt collection practices. Legal News

How To Remove ACS Inc From Your Credit Report

Better Credit Blog

If you have had an overdue bill move to collections, you may begin hearing from a company called ACS Inc. ACS Inc is a collection agency that works with lenders and creditors to recover payments on defaulted loans or unpaid bills. Collections

How Much Does a Charge Off Affect Your Credit Score?

Credit Corp

The older the asset becomes, the less valuable it is because older debt is less likely to be collected. Can Creditors Attempt to Collect Charged Off Debt? You still owe the debt, and the company can still attempt to collect the debt.

How to Find All Your Debts: 4 Tips

Credit Corp

Whether mail went missing or communication about medical debt got mixed up, it’s possible an account with your name on it is languishing somewhere in collections. Here’s how to find out which collection agency you owe or uncover debts you don’t know about.