Blog Posts in September, 2021

Debt-collection judgments often switch hands between debt buyers. But less realized is the fairly common practice of attorneys substituting each other. The law requires that you get notified when a ...

Pre-Pandemic 1) Before the pandemic, debt-collection-industry revenue has trended downward. Debt-collection-industry revenue has declined in recent years, decreasing from an estimated $13.5 billion in ...

1) Account Stated is a “cause of action.” What is a cause of action? A cause of action has two definitions: noun. A condition under which one party would be entitled to sue another. noun. A set of ...

1) What is the statute of limitations? The statute of limitations is the time period in which a plaintiff has the legal right to sue. It starts from the date of your missed minimum payment. If a ...