0
Normally by pulling your credit report. Sometimes by speaking to family members and neighbors.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
How do debt collection agencies obtain work?
There are several ways that debt collection agencies obtain work. One way is when a subsidiary of the company that is owed the debt tries to collect the debt themselves. There are also third party agencies who are hired by a company to collect what is owed and the agencies are paid a fee for this service.
What purpose does the International Debt Collection serve?
The International Debt Collection Agency is a debt collection agency designed to collect debts from debtors that have not paid for goods supplied or services rendered. Debt collection agencies are designed for debt recovery, and speak on behalf of the company to which the debt is owed to work out a settlement between the debtor and the creditor.
Can collection law attorneys help me fight a collection company?
Yes, collection law attorneys can help you fight a collection company by disputing the debt, negotiating a settlement, or representing you in court if necessary. They will work to protect your rights and ensure the collection company follows the law in their collection efforts.
Can the repo company harass you at work to try to locate the vehicle?
No, look up the Fair Debt Collection Act its online.
Debt collection agencies should not be allowed to call a person's work phone to get ahold of them.?
Debt collection agencies should not be allowed to call a person's work phone to get ahold of them.
How are work commercial collection agency?
The commercial collection agency is used in debt collection in the event a debtor fails to.
What can be done to you if a debt goes into collection?
AnswerFind out who the collection agency is, if you don't know, and pay the debt off immediately. As soon as the debt is payed get it cleared from your credit report.If you debt is business to business, then plays different rules compared to consumer debt, laws and rules applied to debtor and protect also the business that place the account to a commercial collection agency, if you have a lawyer ask him to talk to the collectors if not, talk to them, explain your situation and offer work with them to pay off the debt
What is commercial collection agency?
A Commercial Collection Agency is and agency that collects debt on behalf of their clients, same as a consumer collection agency, but a commercial collection agency collects business to business.
Do collection agencies usually garnish wages?
Collection agencies are usually retained by the establishment that you owe the defaulted debt to, if the borrower ( person in debt) does not want to work with the collection agency handling their debt, the collection agency will then document the account as a refusal then send the account back to the original lender then they will garnish your wages until the life of the loan is paid off.
When was The Debt Collection created?
Debt collectors are frequently employed by debt collection organisations, while some work independently. Some of them are also lawyers. Customers' delinquent debts—debts that are at least 60 days past due—are sometimes collected by these companies and remitted to the original creditor. For more information Call now : 03301226372
How do you collect a bad debt in Georgia if the debtor is in Mississippi?
You can have a collection agency do the work for you. If you are interested please contactceleste.cantres@datamax.com. I work for a debt collecting agecny called Interstate Credit Collections. We will be able to assist you.
What can a collection agency do if money is owed?
Try following the link http://www.ftc.gov/bcp/conline/pubs/credit/fdc.htm It should answer many of your questions regarding debt collection. If the link doesn't work, check out the Federal Trade Commission's website at www.ftc.gov and search for the Fair Debt Collection Practices Act, which governs what debt collectors can and cannot do.
