And you thought your bill collector was bad. In recent news it has been revealed that a gangland boss in Ireland has taken on a new career - debt collection. This criminal mastermind has been associated with twelve deaths; a threat even more serious than a collections letter.
Usually, legitimate creditors who aren’t criminals will hire out third party bill collectors to retrieve debts. Collection agencies work on commission, where they receive a portion of the amount of money that they collect. Frequently collection companies will purchase debt from the creditors so that they can collect the whole sum of money owed.
The Irish thugs seemed to have borrowed inspiration from this practice, but the similarities end there. The boss of the notorious Irish gang has established his own collection agency, purchasing debt and using his reputation to bully his way into gathering the money owed. The unfortunate debtors are drug users who are unable to repay dealers.
Lawful collection agencies will generally start with a gentle “reminder letter.” If the debtor is hostile or evasive, the letters will become sterner. Phone calls are used as well to remind those who owe money to pay up. If these tactics fail, the agency has the right to report a debt to credit bureaus, or file a lawsuit.
On the other hand, the Irish gangland bill collection agency will utilize its reputation as a group of ruthless murderers and crooks to intimidate debtors into paying back drug money. Thankfully, the head of this operation has been arrested, and the Justice Minister of Ireland has promised to do everything in his power to guarantee that the accused will be brought to justice.
So next time you get a letter from a collections agency, try to keep things in perspective. And if you are ever in Ireland, it is probably not smart to take out a loan with a notorious gang.
Experiencing trouble collecting credit? Collections can aid you.
Tags: crime, current events, debt collection agency, gangs, international law, ireland, law, legislation, News, police, political science, politics
News | Mallory Nocks |
August 21, 2010 5:41 am |
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In the town of Cody, Wyoming, 219 utility accounts were sent for collection. Only four of the bills belonged to property owners. Some are suggesting that the town council should think about holding property owners responsible for utility costs that their renters left unpaid. A policy like that could have added $180,000 to the city budget during the past five years, and furthermore, other utility users are subsidizing those that don’t pay their bills.
Landlords are offering fast and obvious objection, asking the city council why it should be their responsibility to pay for a bill that someone else racked up. Another plan has been proposed though, one that would require a deposit from every person opening up a utility account.
This change in policy would involve a number of changes such as a mandate that a property owner co-sign for a renter’s account. Tenants would be billed on their own account but have an open landlord account for each property. Unpaid bills would be transferred to the landlord’s account if the tenant doesn’t pay.
Deposit requirements would go from $150 to $200, and would be necessary for all accounts, regardless of their past credit history. Property owners would be notified of delinquencies, and they would be encouraged to get in touch with the city to determine if the bill got paid before returning rental deposits. All property owners would have to keep utilities in their names.
Proponents of the plan say that it is not out of line with what other cities are doing, and it is a simpler and more cost efficient way to collect money. Collection agencies receive about one third of what they collect in the city, and 60 percent of bills that go to collection remain unpaid.
No matter what decision they arrive to, it should be quick: city officials are noting a trend towards fewer people making deposits and more accounts being sent out for collection.
Mallory Megan works for Rapid Recovery solution, a credit collection agency. Our aim is to collect as much of your cash as possible.
Tags: bank, city trying to collect, collect debt, collection agency, debt collection, law, legislation, News, personal finance, political science, politics
News | Mallory Megan |
4:41 am |
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In Dallas, the North Texas Tollway Authority, an authority that is responsible for collecting tolls, has been scrutinized for months due to its toll collecting policy. This policy charges drivers who do not pay up at the toll booth fines of hundreds, or even thousands, of dollars. Because the NTTA has been under fire in the public eye, it announced today two steps it says that will target improving customer satisfaction.
The first measure that the NTTA took was to allow all drivers to use the electronic toll collection lanes, including those who do not have one. They are able to do this without being punished with a twenty five dollar fine.
Before this measure, drivers without toll tags that utilized the electronic lanes on the Dallas North Tollway were seen at as violators and would be fined twenty five dollars for each time they passed through an electronic toll booth, rather than a cash booth after the fact.
However, after February eighth, the drivers lacking a toll tag who use the electronic lanes will be given the opportunity to pay for the tolls before being slammed with the additional twenty five dollar fine. But these toll charges will continue to be calculated at the cash rate, which is twice as high as the rates paid by toll tag consumers.
Unfortunately, the change won’t affect the NTTA’s collections policy in any other way and it will not stop consumers without toll tags who do not pay toll bills mailed to their homes from being charged twenty five dollars for every unpaid toll. This is a policy that can turn a week’s worth of tolls into a thousand dollar bill.
The NTTA’s second move was to appoint an internal auditor as a sort of mediator, which will be available to frustrated customers who have first complained their way through NTTA customer service hierarchy without a result that satisfied them. The auditor will then review the account and determine if customer service and billing reps have followed their own rules.
Mallory Megan works for Rapid Recovery Solution, a nationwide collection agency. Looking for credit card services or skip tracing? Contact us today.
Tags: attorney, banks, credit, debt collection, law, lawyer, legal, legislation, loan, News, personal finance, political, political science, toll booths
News | Mallory Megan |
2:58 am |
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After a automobile collision it is quite common for insurance company employees to demand recorded statements from the individuals involved. A really popular question asked by accident victims is whether or not they should provide a recorded statement to the insurance company employee. My recommendation is a booming “No”; at least not before you have spoken with legal counsel regarding the unique facts and conditions surrounding your automobile crash.
You are under no legal duty to present a recorded or written account to an insurance company following your accident.
Insurance company employees frequently say that failure to supply such a statement will postpone the processing of your claim. But, that is simply a tactic for them to try to get information from you that may allow for them to disclaim coverage or at least additionally hold up payment of your claim. Claim adjusters are expert professionals who may create questions in such a way to bring about a sought after response from you. They may be able to use your innocent language against you or turn them to fit their needed legal defenses.
When asked by an adjuster to give a recorded or written statement we suggest that you politely decline and contact an accident legal representative to talk about your scenario and secure help and advice.
If you have been involved in an injury accident due to the fault of another, the number one blunder you can make is failing to take the time needed to investigate which lawyer would be best for your case.
You have experienced a very difficult predicament, lost wages, mounting medical bills, and pain and suffering. Your family has also suffered.
It is essential that the law firm that you have selected appreciates your predicament and takes the time to answer your questions, explain your rights, and keep you updated on the status of your situation. If you are not confident with your legal professional or think that you do not have access, you may have decided on the wrong person to legally represent you.
The best advice that we can supply, is to be sure that you are confident and comfortable with the attorney that you have chosen. If you are not sure, interview several law firms before actually getting one to help you. Don’t forget, you only get one bite of the apple and you will need to make the most of it.
If you have suffered an injury from an accident, talk with an experienced Rochester injury lawyer. If you have been hurt on the job, a local Rochester workers’ compensation attorney can help you.
Tags: accident, advice, attorney, Blog, business, car crash, injury, insurance, law, lawyer, legal, News, society, workers' compensation
News | Bob Samuels |
August 20, 2010 11:04 am |
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The most common eventuality: you are a litigator or trial attorney working on a case and you have a number of witnesses to depose, so you pick up the office phone to call your faithful court reporter to order the depositions. But, have you explored the benefits of hiring a legal videographer at the same time? There are many reasons to video record a legal deposition. Here are just a few you might consider.
1. If a key deponet can’t attend a trial, a videotaped deposition can frequently become the next best thing. The judge and jurors aren’t only able to hear the witness, but also see the witness at the same time. The litigators can pick up on nonverbal communication that would commonly be noticeable on the stand: hesitancy, vocal inflections, demeanor, and so on. None of these things can be heard through the standard transcribed deposition by a court reporter.
2. Expert witnesses can be cost prohibitive to call to testify in the flesh. A video recorded deposition is sometimes the best alternative. It’s less expensive, and the power of the expert is saved as the demeanor and speech of the topic is on full display for the judge & jury.
3. Under the right circumstances, employing a video deposition to present background and foundational sworn statement improves the flow of evidence, gets shot of calling witnesses out of order, and improves clearness to the jury and judge.
4. Often an extremely damning video deposition can lead to a settlement. If the witness is very rude or invokes their 5th amendment rights over and over, the plaintiff’s legal team can be in an overpowering position of strength and can arrange a settlement before trial.
5. Studies suggest that jury members keep info up to 6 times longer when seeing witnesses and hearing them talk, instead of just hearing a records read in court. As the expression goes,’Seeing is believing.’
As you can clearly understand, a video transcription of a expert could be a great tool in the courtroom and offers many benefits over transcribed depositions. Consider employing a legal videographer at the very same time you plan your deposition. You and your client may be satisfied you did.
Legal Videography is part of Court Reporting in Columbus, OH today. Working with a Court Reporter should go hand in hand with employing Video Depositions & Litigation Support in Columbus, OH.