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Lessons for Trade Creditors from Recent Bankruptcies

Your Virtual Credit Manager

Collectors are continually learning what works to get people to pay up and what doesn’t. Another thing trade creditors can study is companies that have defaulted or filed for bankruptcy. The company filed for Chapter 11 bankruptcy protection in September 2010 and gradually closed its remaining stores.

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RMAI Update April 2023

RMAi Blog

Nevada AB 223 – This bill would require debt collectors to provide a payoff letter within 10-days of a consumer request. New York AB 1035 – This bill would prohibit debt collectors from communicating with consumers through the use of email, text messaging, or private communication tools offered by social media companies. NPAS, Inc. ,

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