Category Archives: Purchasing Debt

How do I get clients for my collection agency?

Dear Michelle, I was directed to you as a result of looking for ways and steps to start my own collection agency.  I currently live in a city where there is ample opportunity to start someting like this.  I have … Continue reading

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Posted in Ask Michelle, FAQ's, Marketing, Purchasing Debt, Starting a Collection Agency | Tagged , , , , | 5 Comments

Starting a Collection Agency?

I wanted to remind anyone looking for more information on starting a collection agency that I have a podcast titled Starting a Collection Agency.  It can be very helpful to you if you are just starting out and have questions, … Continue reading

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Posted in Debt Collection in the News, FAQ's, Networking, New Technology, Paying Collectors, Professional Associations, Purchasing Debt, Starting a Collection Agency, The Life of a Bill Collector, Training, Working at a Collection Agency, Working from Home | Tagged , , , | Leave a comment

Software for debt buyers

I recently had a reader write to me asking about collection software specific to agencies or attorneys that purchase debt rather than work on commission.  If you have a collection agency that only collects on debt you buy, you might … Continue reading

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Posted in Being a Great Collector, Collection Tools, FAQ's, Purchasing Debt, Software, The Life of a Bill Collector | Tagged , , , , | Leave a comment

Understanding the Fair Debt Collection Practices Act and CFPB regulations

Understanding the Fair Debt Collection Practices Act My new power point presentation to go along with my webinars and book with the same name.  Stay up to date on how to follow the FDCPA as an outdated act and how … Continue reading

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Posted in Ask Michelle, Being a Great Collector, Books, Business Credit, Complaints, Compliance, Debt Collection in the News, Education, Fair Debt Collection Practices Act, FAQ's, Laws, Legislation, New Technology, Online Collection Techniques, Purchasing Debt, The Life of a Bill Collector, Training | Tagged , , , , , , , | Leave a comment

Debt-collector bullies at it again

Liz Pulliam Weston wrote a story for MSN to promote her newest book and she starts out by saying: “Collection agencies are taking even flimsy cases to court — and if you don’t show up, they might enlist the police … Continue reading

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Posted in Business Credit, Compliance, Dealing with debt collectors, Debt Collection in the News, Economic Crisis, Education, Fair Debt Collection Practices Act, Getting Paid - Michelle Dunn - Business Finance Columni, Heard on the Street..., Honesty & Integrity, Laws, Legislation, Purchasing Debt, Recession, The Life of a Bill Collector | Tagged , , , , | 5 Comments

Buying Debt

I recently ran across a LinkedIn group called the Loan Buyers Group: National Debt Buyers.   I wanted to share it here because I get so many questions about buying debt and everything that goes along with it. This group was … Continue reading

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Posted in linkedin, Networking, Purchasing Debt | Tagged | Leave a comment

Thinking about buying debt?

Inside A.R.M. had an interesting post this week, about people starting their own agencies and buying debt and the many different aspects of buying debt, starting your own collection agency and possibly some new options. Be sure to check out … Continue reading

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Posted in Networking, Purchasing Debt, Starting a Collection Agency | Leave a comment

State Laws for Debt Collectors – NEW! Special Report

I am so happy to finally have this report available to you, so I can get back to some other projects! Once the news leaked that I was compiling this information – my phone has been ringing off the hook … Continue reading

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Posted in About Credit & Collections Association, Being a Great Collector, Fair Debt Collection Practices Act, Purchasing Debt | Leave a comment

Can your law firm “Legally” collect debts?

There are some things attorneys must be aware of when they decide to purchase debt to litigate on or try to collect on in any way. All attorneys in all states must abide by the Fair Debt Collection Practices Act … Continue reading

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Posted in Education, Fair Debt Collection Practices Act, FAQ's, Purchasing Debt | Leave a comment