Improve Your Credit Policy, Improve Your Collections (OnDemand Webinar)

$149.00

SKU: 410152EAU

Description

Ensure your office is prepared avoid pastdue accounts from building up and hindering the flow of crucial revenue in your office.Companies need to know what they can do to collect on debts and what they cannot do when collecting debts to prevent lawsuits based on the current fair debt laws. By knowing the law and the prohibited practices when collecting on a debt, you can save your company the expense of defending a lawsuit and the possible damages you may have to pay the consumer. Additionally, you will learn how the legal process of suing on debts can increase recoveries by obtaining money judgments and, most importantly, collecting those judgments.

Date: 2023-04-25 Start Time: End Time:

Learning Objectives

Fair Debt Law • What You Need to Know
• Fair Debt Collection Practices Act
• Fair Credit Reporting Act
• Telephone Consumer Protection Act

Do’s and Don’ts • How to Protect Your Company From Fair Debt Lawsuits
• Prohibited Practices Under the Fair Debt Collection Practice Act
• Best Practices When Collecting a Debt
• Bona Fide Error Defense

Legal Process for Collecting Debts
• To Sue or Not to Sue, That Is the Question
• Documents Needed to Start the Legal Process
• Mediation
• Obtaining a Monetary Judgment

Collecting on the Judgment
• Wage Garnishments
• Bank Garnishments
• Levy
• Settlement

Yusuf Haidermota-Kass Shuler, P.A.