Debtors who have more bills than they do money each month may decide that they’re going to file for bankruptcy. This is a legal method of doing away with part or all of the debt they owe. There are different types of bankruptcies. Some require the person or business...
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Creditors’ Rights
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Does your right to collect on a debt end when a debtor dies?
As a creditor who is owed money because you extend financing as part of your business or because you have a judgment against someone, the law protects your interests. Even if there are limitations on how you can collect that debt, you have a right to repayment unless...
Does the new FDCPA model form DVN cover your bases?
Every good debt collector knows that the first communication with a consumer concerning the collection of a debt must be accompanied by, or within five days followed by, a debt validation notice (“DVN”) under the Fair Debt Collection Practices Act (“FDCPA”), 15 USC §...
