Winning a lawsuit is only half the battle. Judgment collections can take months or even years. As a debt collector, you know how difficult it can be to track down missing money. If a plaintiff comes to your company for help collecting a legal judgment, you don’t need to feel overwhelmed. These eight tips will help you succeed at judgment...
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It's hard to believe that The Fair Debt Collection Practices Act ("FDCPA") has been around since 1978. And it's even harder to believe that so many people still don't know what the Act does and doesn't permit and what it does and doesn't prohibit. Misconceptions abound, not the least of which is that the Act requires a collector to inve...
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HR 3035, a bill to amend several telephone communication acts, currently resides with the House Committee on Energy and Commerce. The bill, known as the Mobile Informational Call Act of 2011, would amend the Communications Act of 1934 and update the Telephone Consumer Protection Act. Of biggest impact in the proposed bill is legislation impacting&n...
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In recent years, some aggressive debt buyers and investors that buy multimillion-dollar debt portfolios that have been charged off by credit-card companies and other lenders for cents on the dollar with a plan to collect enough debts to turn a profit and have been actively pursuing debts that are barred by the statute of limitations. Their int...
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