Debt collection is a common practice worldwide and the United States is no exception, each state has its own set of laws governing how creditors and debt collectors can pursue outstanding debts. Let us look at the laws governing debt collection in the state of...
The ramifications of bad debt can be extensive, from affecting cash flow to straining customer relationships. For any business, addressing the challenge is paramount to ensure longevity and sustainability. In this blog, we’ll explore five effective strategies to...
In the vast expanse of financial regulations, debt collection laws play a crucial role in ensuring both creditors and debtors are treated fairly. Whether you’re a business trying to retrieve owed funds or an individual looking for clarity on your rights,...
The Fair Debt Collection Practices Act (FDCPA) is a federal law that regulates debt collection practices to ensure that consumers are treated fairly and respectfully. For businesses involved in debt collection or those who outsource this process, a comprehensive...
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