Collection Laws: What You Need to Know
201803.29
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Collection Laws: What You Need to Know

Americans are in $905 billion of credit card debt. In fact, the finance site estimates that each American household owes approximately $15,000 in credit card debt. Now, for the average person, this is concerning. But for debt collectors, this is music to their ears. We’re all familiar with debt collectors calling our phones at all…

Commercial and Consumer Debt Collection: Know the Differences
201709.01
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Commercial and Consumer Debt Collection: Know the Differences

Without question, nothing is more frustrating than someone owing you money.  Whether you’re providing goods or services, it’s certainly reasonable to expect payment.  Notwithstanding, it’s crucial to understand the differences between commercial and consumer debt. You might be interested to know that consumer debt is actually described in the Bankruptcy Code at 11 U.S.C. §…

How to Make Debt Collection More Seamless
201705.01
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How to Make Debt Collection More Seamless

There’s no question that debt collection is a major headache for most businesses. First, there’s the obvious frustration. After all, why should anyone have to follow up on requests for payment for services or goods? Of course, there’s also concerns about ensuring collection efforts are done in accordance with the applicable rules. In any case,…