The Collections Industry and Creditors Liability

More and More legislation and court rulings govern the business of debt collection.

Businesses seem to rarely have the resources to keep up with the growing burden of legalities surrounding Debt Collection.

A recent ruling in United States Court of Appeals for the Second Circuit appears to to make it even more difficult for creditors, making them liable in some cases under the FDCPA "false name exception."

Please read this excellent article for more information

http://www.mondaq.com/unitedstates/x/275186/trials+appeals+compensation/A+Creditor+May+Be+Held+Liable+Under+the+FDCPA+Even+if+it+Hires+a+Third+Party+to+Collect+on+the+Debt

Our law firm has a focus on debt collection in St. Petersburg, Tampa, and around the state of Florida.

When someone owes you money, and you need to collect a debt, it is becoming more and more important that whomever you engage (debt collection agency, or a law firm specializing in Debt Collection and Debt recovery) i swell versed on the most recent, and ever changing legal landscape around the collection and recovery of debt.