Legal Proceedings Letter Legal Proceedings Letter is free for your use. The Legal Proceedings Letter should be used as last try to get customers to pay their outstanding, before initiating legal action. The Legal Proceedings Letter is a last attempt to motivate clients or patients to pay now; and avoid costly legal proceedings and costs to defend themselves. Just cut, paste, … [Read more...]
Legal Collection Letter
Legal Collection Letter Legal Collection Letter is free for your use. The Legal Collection Letter should be used as final attempt to get customers to pay, before taking legal action. The Legal Collection Letter is a final effort to motivate clients or patients to pay now; and avoid costly the legal consequences a lawsuit may involve, such as; discovery, depositions, … [Read more...]
Is Your Collection Agency In Compliance?
Is your collection agency in compliance? The debt collections industry is increasingly regulated. Collection agencies have a bad reputation because of their many abuses, both perceived and real against debtors. Some unscrupulous collection agencies were known to: Use profane & abusive language. Call and confront the debtor at work. Call debtors to early or late based … [Read more...]
Usury Laws By State
Usury Laws By State Usury is the practice of charging unreasonably high, exorbitant, and sometimes illegal interest rates on loans. Usury can also include late fee charges for collections. Each state in America has its own statute which dictates how much interest can be charged before it is considered usurious or unlawful. Usury Laws By State ALABAMA - the legal … [Read more...]
Fair Debt Collection Practices Act | FDCPA
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...]
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