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Posts Tagged ‘debt recovery’
Save Dough On Superbowl Sunday
30 Jul 2010Even though the economy is suffering, and many of you are in debt, there is no reason that you cannot throw a really great Super Bowl Party.
Identity Theft And Debt Collection
In: Business
14 Jun 2010A letter from a debt collection agency about a debt you know nothing about may be the first indicator that you could be the victim of identity theft. This crime touches the lives of as many as ten million people a year.
Debt Collectors Seize Bankrupt Boaz Yona’s Assets
In: Finance
5 Jun 2010The debt collection administrations have begun proceedings against former builder Boaz Yona, who hasn’t been paying compensation to home-buyers who were left without a roof over their heads or money in their pockets when his construction company Heftsiba collapsed. Yona was convicted in November 2008 on a numerous number of offenses, of that which included fraud, and theft, of that which left many apartment buyers without money and the home they paid for.
When speaking with a debtor, many debt collectors (especially those who are inexperienced) will utilize a script that contains a pre-written introduction, request for payment, and has various branches to follow, depending on how the debtor responds. If a particular debtor is taking up too much time, without making arrangements to pay, the collector will be inclined to move on to other accounts. Any information that the debtor gives about his/her financial situation (e.g. income or current employment, etc.) will be noted on the file’s record and used to estimate the probability of a recovery, the advantage of legal action, and so forth.
What You Need To Know About Collections.
In: Business
5 Jun 2010Debt collection’s is a billion dollar industry. According to Rapid Recovery Solution, Inc. income from late fees and over-the-limit fees accounted for $14.8 billion dollars in the year 2004.
Ask Doctor Debt Aims To Educate The Public On Financial Literacy And Debt Collections
In: Business
5 Jun 2010It is about time that someone stepped up in a venture to instruct the public on legal debt collection practices and general financial literacy. With a countless amount of bogus debt collectors throughout the United States preying on unsuspicious consumers, Ask Doctor Debt serves to fix this ever growing situation by giving consumers an outlet in which to ask questions in regards to their rights and any and all debt related questions.
Commissioners on Monday delayed a decision to hire a collection agency because of unpaid ambulance bills incurred in unincorporated areas of Flagler County. Instead, county staff will do more research and the item will be brought back to commissioners for consideration sometime in July.
It can be incredibly frustrating for a business owner when they have provided services or merchandise and their clients are simply not paying. When letters, phone calls and e-mails have not done the trick, it may be time to take a different course of action. A debt recovery specialist can help a business get the money they are owed without the hassle of chasing down their clients themselves.
How Do I Collect My Money?
In: Business
1 Jun 2010The small claims court cannot collect your money for you, but the clerk or small claims adviser can tell you about some ways to do this yourself. Some just hire a collection company.
Junk Mail Could Ruin Your Credit
In: Finance
23 Apr 2010Junk mail. No one likes it. Most people will take a glance at the envelope then throw it away. But it’s key to give each letter a thorough check. Some credit card issuers are now sending cardholders statements in plain, unmarked white envelopes that look like a solicitation, or junk.
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