What Does A Collection Company Do?
What is a collection company?
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City Of Cody Attempts To Collect
In the city of Cody, Wyoming this year, 219 utility accounts were sent out to collection agencies. Only four of the bills were from property owners. Some city council members are suggesting that the city council consider 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.
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Attorneys Are People Too! Pt. 3
Additionally, when you think about the risk factors for suicide, like depression, anxiety, stress, divorce, alcohol and substance abuse, attorneys experience many of these at rates that are higher than the general population consistently. Why do lawyers seem more likely to deal with emotional problems than anyone else? From an anecdotal perspective, lawyers are more likely to suffer from perfectionism and competitiveness. While these traits might drive these people to do their best to excel in life, they also have a down side. An unachievable high coupled with a temperament that is less likely to seek help is a recipe for disaster.
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Recent Trends In The Collections Industry
Despite the fact that we are in the middle of a recession, many collection agencies are aiming to hire new trainees. According to a recent survey, over 55 percent of bill collection companies have plans to hire more staff in the first half of this year.
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Massachusetts Toughens Rules For Small Claims Collection Lawsuits
The Massachusetts Supreme Judicial Court reported last week that it has modified some of the rules governing the use of small claims courts. The Court said that the changes were constructed specifically to address the load of debt collection cases that are filed in small claims courts.
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