Sometimes it seems like everything a debt collector does can be parsed as a potential violation of some consumer statute, at least enough so to bring a civil action. Even when it appears the tide of precedent-setting court cases is turning in favor of the ARM industry, there are decisions that bring collection professionals back to reality.
I learned some VERY valuable lessons at this year’s ACA International Washington D.C. Fly-in event. And believe it or not, the top thing I learned came from two very busy receptionists.
When it comes time to sell a business, the selling company’s historical financial performance and projected growth rate will have a direct effect on how certain types of buyers will approach pricing and deal structure
If your state allows wage garnishment, you might want to follow Utah’s example and try to pass a bill that allows judgment creditors to access judgment debtor employment information (name and address of last known employer) directly from the State DWS (Department of Workforce Services) database.
On April 16, The National List of Attorneys published the paper on Debt Collection Laws in Wyoming, the last of our ambitious “50 White Papers in 50 Days” project. We actually published 52 papers in 52 working days, including Washington D.C. and the U.S. Virgin Islands. A Bonus for our followers!
Your dialing technology options are confusing. It’s sometimes hard to determine the right dialing solution for your collection agency and clients. Is it a site-premised system? A cloud-based service? Or is a combination site-premised and cloud-based solution—referred to as a Hybrid—what you need?
Wyoming has relatively low court costs. New court rules require cases under $50,000 to be brought to judgment in seven months.
The ability to effectively and efficiently blend and escalate different types of calling, including predictive, preview or manual calling, across multiple channels (voice, text, web and email), provides ARM companies with powerful strategies aimed at increasing consumer outreach and improving customer experience.
In Wisconsin it is well settled that when a debtor makes a payment on a credit card, the payment not only tolls the statute of limitations, but also sets it running anew from the date on which the payment was made.
The office of the West Virginia Attorney General spends considerable resources targeting out-of-state creditors who attempt collection efforts within the state borders without proper licensing and bonding.