Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about About State by State Debt Recovery and other Collection Agency topics.
Many states impose responsibilities, liabilities and penalties upon companies for activities of debt collectors engaged by them in the collection of debts. You can be held accountable for what your debt collection agency laws or collection attorney does or doesn't do. You must know the facts, and the information here can reduce your liability by giving you the information for making informed decisions. Please study our collection agency laws directory for free information regarding the collection of your receivables.
State debt collection laws vary, and knowing the right collection law for your state and your debtor's state is essential. Explore this site to discover: Collection Agency Locations, Statutes, Judgments, Garnishments, Interest Rates, Bad Check Laws and Collection Agency Requirements.