Providing debt recovery services since 1978, Collectcorp Corporation boasts public and private sector clients in Canada and the United States.  Offering third party recoveries, first party outsourcing, skip trace programs to banks, governmental agencies and private companies.   [ READ MORE ] Javitch, Block and Rathbone, LLP is a predominant Ohio based law firm that specializes in collections.  They are the fourth largest collection law firm in the country.  Their offices are located in Cleveland, Cincinnati and Columbus Ohio and they service a three state radius including Ohio, Indiana and Kentucky.  Most often their clients include banks and credit unions, department stores, credit card companies, medical billing companies, insurance companies and rental companies. [ READ MORE ] Midland Funding, LLC is an incredibly popular search term. A recent search of Google for "Midland Funding, LLC" showed 2,270,000 results, the first several pages of which were accounts of problems with Midland Funding, LLC and results of court cases. [ READ MORE ] Debt settlement is the process in which a creditor agrees to accept less than the full amount owed, but considers the debt cleared.  The debt settlement companies we see advertised in print and on TV claim to negotiate reductions of up to 50 percent.   [ READ MORE ] Allied Interstate is headquartered in West Palm Beach Florida and has been in operation for some thirty years. It has received an F ranking the Better Business Bureau who states, ”We strongly question the company’s reliability for reasons such as: [ READ MORE ] If you are behind in payments and the debt collectors are beginning to call, you might want to educate yourself on what actions bill collectors legally can and cannot perform. Before outlining the do’s and don’ts, it is important to recognize most debts expire at some period of time. Check your state’s statute of limitation for details specific to you. [ READ MORE ] Debt collections is an aggressive business that is being more carefully monitored but still it persists that some collection agents are prone to using any tactic to get your attention, including calling your during work hours at your place of business. Obviously, no one wants to deal with harassing phone calls at any time but the calls that come into work are not only annoying, they can ultimately lead to problems at your job. [ READ MORE ] According to the Federal Trade Commission, a debt collector is any company or person with the business purpose of collecting debts that are owed to others. Debt collectors may be collection agencies, companies that buy debts from other businesses and then attempt to collect the money, and lawyers who collect debts regularly. The FTC is a consumer protection agency that is responsible for enforcing the Fair Debt Collection Practices Act. Under this act, consumers are protected against collectors using abusive, deceptive or unfair practices in their efforts to collect money from you. [ READ MORE ] There are some debt collectors who take their jobs very seriously, but completely ignore regulations designed to protect consumers. They will do or say just about anything to get their clients (debtors) to repay their debts. [ READ MORE ] There is nothing worse than receiving a phone call from a collections department every twenty minutes throughout the day. You know the feeling when your phone rings, and you know before checking the caller ID who it will be! Many people just stop answering their phone completely, or will go to great lengths to make it difficult for the debt collectors to call them. [ READ MORE ] Debt collectors do not have an indefinite period of time to continue trying to collect payments from old debts.  There is an “expiration date”, called the Statute of Limitations, that prevents debt collectors and/or the original lender, from pursuing you for the rest of your life on old debts. [ READ MORE ]