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.
DetailsThose who make it in the business world like to say it’s because of who they knew, and to “network, network, network.” Sometimes, that “who” you know can help your business in ways you never thought you might need. In this case study, a single connection shows us an example of the power of what…
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Slick lawyers and authority-charged judges often get the glory and attention in a courtroom. In fact, there’s one person in every courtroom whose job is to actually blend so well into the surroundings that it’s not even apparent the person is there. While technology has taken over many aspects of the legal world, the people…
DetailsWith the nation hyper-focused on the world of healthcare, does the idea of having a large new pool of patients make you feel optimistic for the fate of your practice? It should, but be careful knowing that more patients may open you up to the problem of more debt. The Boy Scout Law may be…
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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…
DetailsIn previous posts, we advised you to go to freeannualcreditreport.com and get at least one of your reports from one of the three major reporting bureaus. Now that you have the credit report in hand, it’s time to chase down any fraudulent accounts identity thieves might have set up, or extra transactions they racked up…
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