Legal And Illegal Tactics A Collection Agency Will Use: Debt Collection Basics Part Three

In the first two articles I wrote about what a collections account was, how sending delinquent accounts out to an agency profits a creditor, and the act of a third party collection agency buying old debt from a creditor.

Rising Foreclosures This Year

Recent research by RealtyTrac Year-End 2009 Foreclosure Market Report reveals that 3,957,643 foreclosure filings were reported on 2,824,674 U.S. properties in 2009. This includes scheduled foreclosure auctions, default notices and bank repossessions.

Debt Collection Agency Gets Healthy

A debt collection company based in California initiated a ploy to educate and motivate employees to live healthier lifestyles in early January. There are twenty eight employees at the company; more than half are participating in the program..

Mutual Funds 101 Part One

Are you a newcomer when it comes to playing the stock market? No big deal at all! This series of articles on mutual funds will make it simple for you to understand what a mutual fund is, what it is all about and whether it is worth your while to invest in one. My first three articles are called “Mutual Funds For Beginners” and they lay down the basics.

Medical Collection Firms Help Software Developers Sell Product

iVolution Medical Systems, a West Hampton, New York located health care systems firm, is taking a different approach. The 4 year-old company, started by former Wall Street consultants to the health care industry, entered the medical receivables space by receiving experienced billing and collections companies. First there was Professional Health care Billing Services (PHB) of Palm Springs, California in March, and then Continental Collection Services of NY, earlier this month (iVolution Medical Systems Acquires Continental Collection Services, May 13).

Bankruptcy: Automatic Stay And How It Protects You From Creditors

U.S. Bankruptcy Code imposes something called an automatic stay the moment that a petition for bankruptcy is filed. The automatic stay will typically prevent the enforcement, commencement, or appeal of actions and judgments against a debtor from the creditors they owe money to who are trying to collect these debts incurred prior to the bankruptcy petition. The automatic stay also protects property of the bankruptcy estate itself from collection actions and proceedings.

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.

Be Nice To Your Lawyer! Pt. 3

In addition, when you consider the risk factors for suicide, like depression, anxiety, stress, divorce, alcohol and substance abuse, attorneys go through many of these at rates that are higher than the general population on a consistent basis. Why do attorneys seem more likely to deal with emotional problems than anyone else? From an anecdotal perspective, lawyers are more likely to suffer from perfectionism and competitiveness. While these traits might drive these people to do their best to excel in life, they also have a down side. An unachievable high coupled with a temperament that is less likely to seek help is a recipe for disaster.

Bad Debt- Get The Monkey Off Your Back

Bad debt can be likened to a monkey on your back. It is always on your mind, and sometimes the stress associated with it can be crippling. You may be able to take solace in the fact that you are not alone. There are thousands of people just like you in the United States that are going through the exact problems.

Irish “Bill Collection Agency” Uses Unusual Tactics To Retrieve Debt

And you thought your bill collector was bad. In recent news it has been revealed that a gangland boss in Ireland has taken on a new career – debt collection. This criminal mastermind has been associated with twelve deaths; a threat even more serious than a collections letter.

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