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  2. Dunning (process) - Wikipedia

    en.wikipedia.org/wiki/Dunning_(process)

    Sample dunning record, from a 1913 business manual. Dunning is the process of methodically communicating with customers to ensure the collection of accounts receivable. Communications progress from gentle reminders to threatening letters and phone calls and more or less intimidating location visits as accounts become more overdue. Laws in each ...

  3. Zombie debt: What it is and how it works - AOL

    www.aol.com/finance/zombie-debt-works-212020398.html

    For example, if you pay an expired debt in part or in full or even acknowledge that it’s yours, this could reset the clock on the debt. That means the collector can sue you or report the debt to ...

  4. How to spot debt collection scams: 8 signs to watch out for

    www.aol.com/finance/spot-debt-collection-scams-6...

    Here’s what you can do if you receive a debt collection text, call, email or letter: Get contact information . Request the caller’s name, company details, street address and a callback number.

  5. Debt collection - Wikipedia

    en.wikipedia.org/wiki/Debt_collection

    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]

  6. Debt validation - Wikipedia

    en.wikipedia.org/wiki/Debt_validation

    Debt validation, or "debt verification", refers to a consumer's right to challenge a debt and/or receive written verification of a debt from a debt collector. The right to dispute the debt and receive validation are part of the consumer's rights under the United States Federal Fair Debt Collection Practices Act (FDCPA) and are set out in §809 of that act, which has been codified in Title 15 ...

  7. Consumer bureau orders debt collection agency to shut down ...

    www.aol.com/consumer-bureau-orders-debt...

    (Here’s a list of other enforcement actions it has taken against other debt collection agencies in the past.) Commonwealth has not responded to CNN Business’ request for comment.

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