Direct Recovery

JANUARY 27, 2023

A statute of limitation is a legal term that defines the specific length of time before a debt is considered “time-barred” and is no longer legally collectible by either the original creditor or a collection agent.

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Collection Industry News

MARCH 8, 2021

The collectors threatened them with legal action unless they made an immediate credit or debit card payment. In the FTC cases, the defendants made calls to collect debts they couldn’t legally collect or the victims didn’t owe. Check with the original creditor. million and was also sued by the FTC.

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Taurus Collect

FEBRUARY 1, 2024

Sold Debt : Sometimes, the original creditor sells the debt to a collection agency if they have been unsuccessful in collecting the debt themselves. This transfer of debt obligation brings the collector to your doorstep, figuratively speaking. However, they may still try to recover the debt through communication with you.

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Debt collector Debtor Collection Agencies Collections Agency 52

Better Credit Blog

NOVEMBER 24, 2020

In order to legally collect on your debt, they must first open a collection entry on your credit report. This account shows that you have had a bill move to collections and ACS Inc has a right to collect it. They use every trick in the book, including incessant phone calls and strongly worded letters.

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