Commercial Collections Blog

How to Recover Your Delinquent Accounts

How To Recover Delinquent Accounts

One of the first signs that a customer may have money trouble is late payments. The customer, this is the debtor, will continue to pay on their account, but the payments begin to get later and later.

Update on the Debt Ceiling

Debt Ceiling

The debt ceiling, which is at risk of being breached, leading to a default situation. At the moment, the $22 trillion number was created

CFPB’s Debt Collection Disclosure Survey

CFPB's Debt Disclosure Survey - Burt and Associates

Recently, the Consumer Financial Protection Bureau (CFPB) published a survey in which they asked over 8,000 individuals their thoughts on debt collection disclosures. This survey attempted to determine whether consumers understood these disclosures and whether they allowed individuals to make sound financial decisions.

New Time-Barred Debt Disclosure Decision

New Time-Barred Debt Disclosure - Burt and Associates

Introduction to Debt Statute of Limitations In the most simple breakdown of debt collection legal obligations, a creditor has up to seven years to file suit to collect on that outstanding debt. The date that is considered for the seven-year term is the date that the debt was issued, or the date of the latest […]

Hiring a Collection Agency



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