Debt Collection Blog

When looking to hire a collection agency, why would you want to work with someone who is not familiar with local laws? There are strict guidelines that collection agencies must follow and to hire one that does not follow these guidelines is risky business Read More

Florida has some of the strictest collection laws of any state and for good reason, to protect consumers. This does not make it impossible to collect a debt in Florida, it just makes the way a debt collection agency can go about collecting a bad debt more regulated. Read More

Debt collection is a challenging enough, but when the debt is international it becomes a much greater challenge to collect. First off, you are dealing with different cultures and not all cultures look at debt and an obligation to pay as Americans do. Then you add different languages and time zones and you can start to see the complexities. The legal systems are different as well Read More

What is a restrictive endorsement and when should you use one? A restrictive endorsement, also known as an endorsement limiting another endorsement, is on the back of a check and limits how a check can be handled. This can be as simple as the statement, “for deposit only,” Read More

Debt is something that is owed and is usually owed against assets, or things of monetary value. Some may think that debt is a bad thing and may be right with the recent financial turmoil. For all of the hindrances of debt, there are actually a couple of good benefits that come along with it. Read More