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RMAI Update May 2023

RMAi Blog

26, 2023) A consumer filed for Chapter 7 bankruptcy, listing past-due rent he owed, and was subsequently granted a discharge. A debt collector unaware of the discharge, allegedly due to a bona fide error, sent several collection letters to the consumer regarding the past-due rent. Mendelson Firm, PLLC | TN Dynamic Collectors, Inc. |

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Derogatory Public Record or Collection Filed? Here’s What It Means For Your Business

tillful

According to Dun & Bradstreet , they can include liens, judgments, bankruptcies, UCC filings, and business registrations. Derogatory public records are those that contain negative information such as bankruptcies and liens. You can expect the following: Bankruptcy filings : 10 years after the last date filed.

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Navigating The Debt Collection Landscape In Indonesia

MNS Credit Management Group

Indonesia is also governed by several other regulations regarding the use of debt collection services such as bank of Indonesia regulation number 22/20/PBI/2020 on bank of Indonesia Consumer protection under which a bank or financial institution uses the services of a debt collector.

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The Implications Of Company Structure On Debt Collection

JSP Credit Management

This model is the dominant model in the legal sector for example where law firms will nearly always adopt an LLP company structure. This has implications for debt collectors dealing with limited companies who are pursuing recovery of a debt that they feel is affordable despite being told by the debtor that it is not.