Debt Collectors Or Debtors: Who Is Suing Who Now?

Its a fact that Americans with debts that are overdue will generally be subject to a number of retributions. Collection letters, phone calls, unfavorable credit scores and a chance to wind up in court are examples of punishments for non-compliance.

Red Flag Rules That Retailers Must Obey

Starting on November First of 2009, financial institutions and other creditors were mandated to comply with the Red Flag provisions of the Fair and Accurate Credit Transactions Act of 2003. The purpose of the Red Flag rules is to alleviate and prevent identity theft. Identity theft could be defined as any fraud involving people getting particular benefits by pretending to be someone else.

Collection Company Helps Haiti

Debt collection agency American Profit Recovery began a fund raising attempt in order to assist people trying to bring relief to the Haiti earthquake victims. American Profit Recovery has chosen the Saint Rock Haiti Foundation which is a charity that provides medical care for the people of Haiti.