Feb 18 2015 02, 2015

Oral vs. Written: How to Handle Debt Collection Disputes

By | 2017-05-10T14:42:30+00:00 February 18th, 2015|Blog|0 Comments

In today’s collection environment, disputed collections and inaccurate information are influencing the collection process at an alarming rate. The dispute process is viewed by many debtors as a loophole to get out of a debt that they rightly owe, but it also allows for a reasonable way for people to call out collection companies who [...]

Feb 13 2015 02, 2015

Why the FDCPA is Good for Debt Collectors

By | 2017-05-10T01:57:52+00:00 February 13th, 2015|Blog|0 Comments

The Federal Debt Collection Practices Act (FDCPA) was designed to protect consumers from hostile or fraudulent debt collectors. Many concerns have been raised that these regulations make it more difficult for debt collectors to obtain payments for legitimate debts, but there might be another aspect to consider. Debt collection is a difficult business, and any [...]

Jan 29 2015 01, 2015

Why Your Business Needs Written Terms and Conditions

By | 2017-05-10T14:43:11+00:00 January 29th, 2015|Blog|0 Comments

One of the most important, yet often overlooked, aspects of any business that extends credit to its customers are the written terms and conditions that define the credit relationship. These terms and conditions give you the opportunity to spell out exactly how you expect the customer or client to work with you, and can provide a [...]

Jan 26 2015 01, 2015

Improving Your Bad Debt Collection Strategy

By | 2017-09-16T12:18:02+00:00 January 26th, 2015|Blog|0 Comments

If your business is like most businesses that extend credit to their customers, you have probably defined a certain period of time that you allow late or delinquent accounts to sit on your books before you forward those accounts to a commercial debt collection agency. Most businesses determine which accounts to send to collections strictly [...]

Jan 21 2015 01, 2015

7 Ways a Debt Collection Agency Can Help Your Business

By | 2017-09-16T12:18:27+00:00 January 21st, 2015|Blog|0 Comments

Every business that extends credit to its customers is going to be forced to deal with a small percentage of those customers who for some reason are not able to make timely payments on their accounts. For many business owners, this is an incredibly frustrating aspect of their business. Hiring a commercial debt collection agency is a [...]

Jan 16 2015 01, 2015

New Debt Collection Regulations in New York

By | 2017-09-16T12:18:47+00:00 January 16th, 2015|Blog|0 Comments

  As if collecting outstanding debts isn’t difficult enough already, it is about to get even more difficult in the state of New York. Starting this year, there will be three new regulations that will address different aspects of debt collection in New York. Consumers will be able to insist that collectors contact them only by [...]

Dec 16 2014 12, 2014

What Types of Assets are Exempt from Debt Collections?

By | 2017-09-16T12:19:03+00:00 December 16th, 2014|Blog|0 Comments

One of the most misunderstood aspects of the debt collection process comes into play after a judgment is awarded and the creditor looks to collect some form of compensation on the amount owed. Despite what many cartoons and TV sitcoms would lead you to believe, the creditor cannot simply clean out the debtors home of [...]

Dec 9 2014 12, 2014

How to Respond to Common Debtor Excuses

By | 2017-09-16T12:19:32+00:00 December 9th, 2014|Blog|0 Comments

  If you have ever had the pleasure of making collection calls, you have probably also had some experience listening to excuses as to why the person on the other end of the call was not able to pay you on time. Anyone with a decent amount of collections experience knows that these excuses are [...]

Dec 1 2014 12, 2014

Will Student Loan Debt Prevent You From Buying a House?

By | 2018-05-09T10:54:50+00:00 December 1st, 2014|Blog|0 Comments

  Home ownership has always been one of the fundamental aspects of the American dream. According to a NeighborWorks Survey quoted in a recent ACA International Article, 60% of Americans still believe that owning a home is extremely important. However, 49% of those who are burdened with student loan debt said that it was a [...]