Debt Collections, Foreclosure

Home Owners Flip Debt Collections on their Banks

In an act of debt collections role reversal, two homeowners exercised their rights as property owners by ordering a levy on their banks to recover legal fees. Yes, that’s correct. For the residents, it wasn’t Bank of America or Wells Fargo who would be collecting on them — despite repeated attempts by those institutions — but the residents who initiated a sale on the two financial goliaths for attempting to make invalid collections.


Early Account Submission

When it comes to recovering overdue payments, one technique stands alone as the most effective debt collection practice – early account submission. Businesses work hard to get and keep clients. They don’t want to damage that relationship by sending them to collections. This is why many businesses try to handle the outstanding debt in house, spending more time…