You don’t want to waste your time and money trying to collect from folks who can’t or won’t pay. You need a strategy that details how to recover that debt.
Missing opportunities to collect on debt before others get there first or they file bankruptcy is key!
Data used in collection decisions comes under the Fair Credit Reporting Act (FCRA) regulation Determining the ability to repay or the eligibility for repayment plans would be part of making a good credit decision.
Your information must be FCRA compliant and be current and complete. That’s why you need the help of the Legal Services Group at the Radmore Law Firm