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As legislation tightens around the process of debt collection, meeting these new requirements requires enhanced collection software that records telephone calls. Many collection companies are also reverting to [url=http://www.agentparadise.com]woolrich sito ufficiale[/url] suing the debtor to avoid non-compliance with the regulations, however since many older debtors don't have the cash to pay the suit, collection companies still need enhanced collection software. Many states have tightened compliance rules for collection system agency practices as a result of pressure from consumer activists and consumer law firms. For instance, last spring [url=http://www.tagverts.com/barbour.php]barbour deutschland[/url] the New York City Council passed Local Law No. 15. This law significantly altered debt collection requirements in New York City. The new rules were supposed to be put into effect in late March 2010, but it has been increasingly difficult for collection agencies and law firms to implement these rules. Now debt collection agencies are required to record telephone calls with consumers.
If the agency’s current debt [url=http://www.rtnagel.com/airjordan.php]nike air jordan pas cher[/url] collection software does not [url=http://www.davidhabchy.com]barbour outlet[/url] include a call recording system, agencies will need additional time to implement new call recording procedures in order to comply with the rules. As a result, enforcement of the new legislation is being delayed. [url=http://www.par5club.com/louboutin.php]louboutin pas cher[/url] There have also been a number of compliance [url=http://www.davidhabchy.com]barbour sale[/url] questions about the new laws, and some collection software needs to be upgraded to keep debt collection [url=http://www.riad-marrakesh.fr]abercrombie pas cher[/url] agencies in compliance.
As the [url=http://www.fibmilano.it]woolrich[/url] number and extent of rules about collection practices increase, it is important for collection system agencies to choose collection software that is flexible and easy to use in order to stay in [url=http://www.mxitcms.com/abercrombie/]abercrombie milano[/url] compliance. Infrastructure and internal procedures must change as a result. Rather than worry about compliance issues, many collection agencies and law firms are taking action by suing debtors. Collection agencies that [url=http://www.gotprintsigns.com/abercrombiepascher/‎]abercrombie soldes[/url] buy debts have proof of that debt, and are legally in a position to file suit against a consumer. Recent statistics indicate a large increase in debt related lawsuits. Until the rules change, it is still legal to sue for a debt owed, and collection software agencies are leveraging this right. Those agencies that do not have the means to sue must completely change their procedures to stay in compliance. Some debt collectors fear that the rules will eventually encompass the number of times agencies can dial a consumer’s phone number in a week!
The problem with using the [url=http://www.teatrodeoro.com/hollisterde.php]hollister deutschland[/url] lawsuit method of debt collection is that many accounts are not lawsuit-worthy. Many debtors who have been downsized will never earn the amount they once did, or they now have a permanent exempt source of income, and a lawsuit will not produce much [url=http://www.agentparadise.com]woolrich outlet[/url] of a result. Therefore the best way to handle the ever-expanding regulations on debt collection practices is to purchase flexible and powerful debt collection software systems.
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