January 2025 Collection Alert! Friday, January 17th, 2025 As economic uncertainties persist into 2025, effective debt recovery has become crucial for business stability. At Melton Norcross, we’re committed to protecting your financial interests through our...
The True Cost of Unpaid Invoices How Outstanding Debts Hurt Your Business The oil and gas industry thrives on innovation, hard work, and precision. Yet, even the most successful businesses can find themselves in financial distress due to one persistent problem: unpaid...
FAQs Frequently Asked Questions | Question | How do I collect a past-due commercial debt? | Answer | Collecting a past-due commercial debt can be a challenging and complex process, but there are several steps you can take to increase your chances of success. Here are...
FAQs Frequently Asked Questions | Question | How do I dispute a commercial debt? | Answer | If you believe that a commercial debt you have been asked to pay is inaccurate, incorrect, or otherwise not valid, you may have the right to dispute it. Here are the general...
FAQs Frequently Asked Questions | Question | How big is the commercial debt collection industry? | Answer | The commercial debt collection industry is a significant sector of the overall debt collection industry. While it is difficult to estimate the exact size of the...
FAQs Frequently Asked Questions | Question | How big is the debt collection industry? | Answer | The debt collection industry is a large and growing sector of the economy, with a significant presence in many countries around the world. While it is difficult to...
FAQs Frequently Asked Questions | Question | Does the FDCPA apply to commercial collections? | Answer | In the United States, fair debt collection laws, such as the Fair Debt Collection Practices Act (FDCPA), generally do not apply to commercial debt collection...
FAQs Frequently Asked Questions QuestionWhat are fair debt collection laws? Fair debt collection laws are regulations designed to protect consumers from abusive, deceptive, and unfair debt collection practices. In the United States, the Fair Debt Collection Practices...
FAQs Frequently Asked Questions QuestionWhat are the new debt collection laws in 2023? There have been no major changes to debt collection laws scheduled to take effect in 2023 in the United States. However, it is important to note that debt collection laws can vary...
FAQs Frequently Asked Questions QuestionWhat are the new debt collection laws in 2022? No major changes to debt collection laws were scheduled to take effect in 2022. However, it is important to note that debt collection laws can vary by state and country and may be...