The Fair Debt Collection Practices Act (FDCPA) was created as a Federal statute in the year 1978, as Title VIII of the Consumer Credit Protection Act. The purpose of this act is to eliminate harassment of a consumer in the process of debt collection. The Act specified a list of do's and don'ts while collecting debt. It also defined the Consumer's rights under the Act. FAIR … [Read more...]
Bad Debt – How Business Owners Must Deal With It
Are you starting to get worried that one or more of your customers will never pay your debts to you? Have you encountered a client who has directly told you that he does not intend to pay? Are you bothered by the fact that such non-payments actually have an overall negative effect to the financial aspect of your business? Fret not, for there are ways on how to collect this bad … [Read more...]
How To Start A Collection Agency
How to start a collection agency successfully is a discussion to help you establish your own small debt management business. What Is A Collection Agency? A collection agency is a business model that specializes in collecting money (debts) owed by individuals or businesses. The duty of a collection agent is to help collect money from past due accounts. How To Start A … [Read more...]
Zoos
Zoos Collection Agencies Zoos collection agencies have revolutionized debt payment in the Zoos business sector. Zoos collection agencies offer their services by helping business deal with their unpaid debt by collecting delinquent payments from customers, clients and patients. This is a task that not all businesses are willing to do themselves due to the risk of jeopardizing … [Read more...]
Youth Organizations | Centers
Youth Organizations | Centers Collection Agencies Youth Organizations | Centers collection agencies have revolutionized debt payment in the Youth Organizations | Centers business sector. Youth Organizations | Centers collection agencies offer their services by helping business deal with their unpaid debt by collecting delinquent payments from customers, clients and patients. … [Read more...]
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