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ACA International is a trade group located in the United States representing debt collection agencies, creditors, debt buyers, collection attorneys, and debt collection industry service providers. ACA International is based in Minneapolis and Washington, D.C. with members located throughout the U.S. and more than 25 other countries.
Allied. A debt collection agency has been slapped with a near-record fine by the Federal Trade Commission for repeatedly trying to collect from the wrong people, collecting the wrong amounts ...
International Longshoremen's Association, AFL-CIO v. Allied International, Inc., 456 U.S. 212 (1982), was a United States Supreme Court case which held that a trade union that refused to unload cargo from the Soviet Union in protest against the invasion of Afghanistan had engaged in a secondary boycott, an unfair labor practice under the National Labor Relations Act.
A debt buyer is a company, sometimes a collection agency, a private debt collection law firm, or a private investor, that purchases delinquent or charged-off debts from a creditor or lender for a percentage of the face value of the debt based on the potential collectibility of the accounts. The debt buyer can then collect on its own, utilize ...
Here’s how to find out if a debt collector is legit. Key takeaways. Scammers use texts, calls, emails and letters to create a false sense of urgency about debt repayment.
Working with a debt management company can result in less debt or a faster payoff — but there are often hefty fees, often up to 25 percent of the debt enrolled, attached to the services.
A debt collection bureau in Minnesota. Debt collection or cash collection is the process of pursuing payments of money or other agreed-upon value owed to a creditor. The debtors may be individuals or businesses. An organization that specializes in debt collection is known as a collection agency or debt collector. [1]
Collection agencies may be unwilling to negotiate a settlement, even after months of payments to a debt settlement company. Having accounts in collections can damage your credit score .