Uncollected accounts directly affect your bottom line. Rapid Recovery Collection Agency reports to the credit bureaus 45 days after placement. Leveraging our state-of-the-art technology in accounts receivable with our highly trained, courteous, and professional staff, CPI is your one-step for all your debt collection and bad debt recovery needs. We all know the old saying Time is Money. From our founding in 1955, our goal has remained the same: to collect the most money in the least amount of time while retaining the goodwill of your customers. Creditors with large outstanding debt belonging to clients will see their cash flow pinched by outstanding debts owed to them, dampening their ability to continue conducting business. Laos Angeles Collection Service Inc. continually demonstrates strict compliance with the statutes and regulations of FDCPA and prides itself on its ability to avoid unnecessary harassment of debtors. If you win, the judge can require the collector to pay you for any damages you can prove you suffered because of the illegal collection practices, like lost wages and medical bills. Can a debt collector contact me any time or any place?
If Possible, Contact The Agency BEFORE You Miss A Payment Or Send A Partial Payment.
We can report to all 3 major credit bureaus. Equally important, a debt collector may not apply a payment to a debt you don’t think you owe. This versatility and CDC's reliability help our clients gain the most from their collection partner. We mandate that all new accounts be entered into our system and first notices mailed within 24 hours of receipt. Third party credit collection services take on a debt case for a fee and will pursue the resolution of debt on behalf of the creditor. Can a debt collector contact anyone else about my debt? If you are questioning only a part of the bill, the agency may not continue to collect on that part until it has provided verification, but you would still be liable for the rest of the bill, if it is a valid debt, and you may wish to make arrangements to pay that part of the bill. All accounts are reported to Equifax, Experian formerly TRW and brans Union to become part of a nationwide credit reporting database, unless otherwise instructed by the client. But utilizing our services, you are able to focus on running your company and not the hassle of dealing with past due receivables.
The Collection Services enter receives and distributes child support payments. Owning a car is often considered good debt as well. To further protect your privacy, collectors cannot use postcards when contacting others, and envelopes must not contain information showing that they have been credit monitoring service sent by a collection agency 15 United States Code section 1692b4, 5. What are my options to make payments? We all know the old saying Time is Money. Third party credit collection services take on a debt case for a fee and will pursue the resolution of debt on behalf of the creditor. Please take a moment to browse through our site to read more about Laos Angeles Collection Service Inc. An exception is health spas, which must give you advance notice that the debt is being assigned for collection California Civil Code section 1812.88. CDC inventory reports list all accounts alphabetically and show their current status. For example, they may not: try to collect any interest, fee, or other charge on top of the amount you owe unless the contract that created your debt – or your state law – allows the charge; deposit a postdated check early; take or threaten to take your property unless it can be done legally; or Can I control which debts my payments apply to?