Unlawful Debt Collection Practices

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

Irish Gang Starts “Bill Collection Agency”

And you thought your collection agency was bad. It has been revealed in recent news that an Irish gangland boss has found a new calling- debt collection. This criminal progidy has been associated with twelve deaths; a threat even more looming than a collections letter.

Collection Agencies And The Statute Of Limitations

Many people are made painfully aware that they owe a debt that is being pursued by a collections agency, yet few know exactly how long creditors can go after that debt. Debt Collectors are guided by what is called the Statute of Limitations.

Debt And Bankruptcy

With consumer debt at an all time high, owing a debt can seem very overwhelming. A lot of people have looked into the internet and have seen advertisements claiming debt relief as a quick fix. Alluring as these ads may seem, it is important to be on the lookout for the validity of the claim.

BMI Collection Agencies Turn To Ring Tones To Collect Royalties

Record companies have apparently found a new tactic to cash in on royalties. As we are well aware, at first these businesses sued individual users who illegally downloaded music. But this approach to collecting money in order to recover from major financial loss has destroyed their public image.

Debt Collection Companies Are Cutting Out Paperwork

It seems like everyone is “going green” these days and collection agencies are now following suit. Companies such as Pacific Northwest Collections have opted to eliminate paper files and instead use a piece of software called Document Locater. This new system has many benefits.