Boating, Its Relaxing

Boating can be a relaxing pastime, sailing along on a river or lake without a care. For most people, the boating itself is the whole point of the hobby: once you’re in the boat, you’re set.

Two Powerful Prosecutors Go After Debt Collection Agencies

In recent news it was revealed that powerful prosecutors in Louisiana and Washington made announcements of actions they had obtained against debt collection agencies and their owners and managers.

Super Bowl Scams Come Out Of The Woodwork

Be diligent if you are attempting to buy tickets to Colts-Saints game. Con-men love to take advantage of the fans. Travel scams in all types of sizes and shapes come out of the woodwork whenever there is a landmark sporting event.

The Pros and Cons Of Bankruptcy

Bankruptcy may be seen as a quick fix solution to financial problems. However, the effects of bankruptcy are long term and can impair your ability to obtain a job, domicile, and any type of credit. It is important to weigh the pros and the cons of filing bankruptcy before making a conclusion.

Debt Collection And Privacy

It is imperitive that debt collectors respect your privacy. According to the Fair Debt Collection Practice Act, collection agencies cannot exchange information about debtors. They can’t send out a list of people who owe money to its creditor subscribers. They cannot advertise a debt for sale, or compile a list of debtors to its creditor subscribers.

Bill Collection 101

If the debtor agrees to pay the bill, the debt collector will put this commitment on file and will check up later to ensure that the payment was made. If a debtor doesn’t pay, the collections agent will then prepare a statement about their delinquency for the credit department of whoever they work for. In extreme cases, collectors may call for repossession, hand over the account to an attorney or disconnect service.

Debt Collection Agencies Explore Work At Home Opportunities

Despite the fact that it is always a good idea to hire more workers to add to your ranks, sustaining a good relationship with the best employees in a collections agency is crucial. It has become a recent trend that tenured collectors are now requesting to work at home.

Bill Collection Scam Artist Cons Buyers Big Time

Recently, a man who ran a debt buying company in Florida was sentenced to six years of federal prison time for the crime of selling debt portfolios that he did not own. Steven Goldberg, of Golberg and Associates in Boca Raton, took the heat from the DistrAuthorities say that Goldberg would give falsified files and fake evidence that he owned the files. As a slap in the face, Goldberg also sent buyers bogus transaction numbers and other fake financial information. All in all, debt buyers were taken for more than $3.3 million. Investigative reports show that many well-respected accounts receivable management companies were swindled.

What Can A Collection Company Do?

What is a collection company?

Protecting Yourself Against Debt Collection Scams

The government is stepping up as debt collection scams rise. In recent news, Buffalo New York has been home to a number of unlawful debt collection practices, and authorities have arrested at least twelve people. Although the vast majority of collection agencies are legitimate and good for the economy, there has been a rising amount of deceptive and illegal practices.

Next Page »