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Debt Collection in Florida and the Florida Consumer Collection Practices Act

The exact rules and regulations that all debt collectors must follow vary from state to state, and in the state of Florida there is an added layer of protection for consumers in the form of the Florida Consumer Collection Practices Act (FCCPA). This legislation works as an extension of the federal law known as the [...]

By | 2017-02-12T14:41:01+00:00 January 2nd, 2017|Blog|0 Comments

Dispelling Common Misconceptions About Debt Validation

One of the most powerful protections offered to consumers under the Fair Debt Collection Practices Act (FDCPA) is the ability to require a debt collector to validate a debt by providing proof that it is legitimate. While this requirement is a great way for consumers to protect themselves, many misinformed debtors do not exactly understand [...]

By | 2017-02-12T14:41:01+00:00 December 17th, 2016|Blog|0 Comments

The Compounding Effect of Unemployment in California

Unemployment is a serious cause for concern in the state of California. When people have a hard time finding jobs, the economy is bound to suffer, and the unemployment rate in California is generally about a point higher than it is in the country as a whole. This leads to the people of California struggling [...]

By | 2017-02-12T14:41:01+00:00 December 9th, 2016|Blog|0 Comments

Can Debt Collectors Access My Credit Report?

The internet is filled with a plethora of advice on credit reports and debt collection these days, but one of the little known facts about debt collectors is that they are legally allowed to access your personal credit report, and they don’t even need your consent to do so! This might come as a shock [...]

By | 2017-02-12T14:41:01+00:00 November 23rd, 2016|Blog|0 Comments

Five Reasons You Should NEVER Cosign for a Loan

If you are a person who has worked hard to improve and maintain a good credit over the course of your life, there will likely come a time when a less-industrious friend or family member will ask you to cosign for a loan that they are not qualified to receive on their own merits. Everyone [...]

By | 2017-02-12T14:41:01+00:00 November 17th, 2016|Blog|0 Comments

The Severe Impact of Debt of Small Businesses

One of the areas where too much outstanding debt can have the most severe impact is in the world of small businesses. With many local businesses already struggling because of difficult economic times, even the slightest hiccup in their debt collection procedures can send ripple effects through your entire community. Cash flow is the life [...]

By | 2017-03-12T15:12:07+00:00 November 12th, 2016|Blog|0 Comments

How Collection Accounts Can Impact Credit Scores

No one likes the idea of having an account go into collections. Debtors don’t want to be contacted by debt collectors, and creditors would always prefer to get paid up front by their clients. But the real impact of an account going into collections goes way beyond these mild inconveniences. No matter what type of [...]

By | 2017-02-12T14:41:01+00:00 October 29th, 2016|Blog|0 Comments

Why Refusing to Settle Often Costs Creditors More in the Long Run

One of the biggest struggles that many creditors have when it comes to pursuing legal action against debtors is where to draw the line with respect to what they would consider a fair settlement. By the time a situation reaches the point where attorneys need to get involved, many creditors have reached the point where [...]

By | 2017-02-12T14:41:01+00:00 October 20th, 2016|Blog|0 Comments

Handling Identity Theft Issues With Debt Collections in California

Lawmakers in the state of California recently voted unanimously to pass into law a new requirement that reduces the time frame for debt collection companies to investigate claims of identity theft. This bill, which was supported by the California Association of Collectors, is going to change the way that collection agencies operate. In order to [...]

By | 2017-02-12T14:41:01+00:00 October 14th, 2016|Blog|0 Comments