ECGC Credit Insurance India
ECGC Ltd. (Formerly Export Credit Guarantee Corporation of India Ltd.), wholly owned by Government of India, was set up in 1957 with the objective of promoting exports from the country by providing Credit Risk Insurance and related services for exports. It functions under the administrative control of Ministry of Commerce & Industry, and is managed
Are you aware of the benefits of debt management plan?
Debt management plan can be beneficial for you if you’re struggling to keep up with your monthly payment. The credit counselors associated with the debt management companies can help to negotiate with the creditors to lower the monthly payment. The counselor may determine a budget plan after reviewing your financial situation. He may conduct a credit
Debt Collection Letter
U.S. 9th Riggs v PROBER & RAPHAEL Opinion by Judge Callahan we have previously held that a collection letter, called a “validation notice” or “Dunning letter,” violates § 1692g(a)(3) of the FDCPA “insofar as it state[s] that [the debtor’s] disputes must be made in writing.” Camacho v. Bridgeport Fin., Inc., 430 F.3d 1078, 1082 (9th
Debt Collection by Debt Purchaser
When debt goes bad, banks may sell it to investors at a steep discount. The debt buyer then typically tries to sue on the account to collect more than over they paid. And their lawsuits are usually the ultimate straw forcing people bankruptcy, where the debt buyer usually needs a share of any compensation too.
Skip Tracing
Skip Tracing is the process of locating debtors whose contact information is no longer accurate. It can run the gamut from checking phone books all the way to searching a massive amount of publicly and privately available information. Often, companies have to purchase access to this information or hire a collection agency that already has
E-Discovery Cost
E-discovery costs can be reduced by making sensible strategic discovery decisions on the very first day the matter comes in and then leveraging technology to improve efficiencies. It is regarding reliable technical options one can implement to improve efficiencies and reduce the cost. Removing the duplicates across custodians so that only one copy of each document or email
Factors affecting the Outsourcing Market India
Faced with a slow economic recovery IT leaders will continue to outsource in order to facilitate cost-savings. The market will also experience a surge in smaller IT service deals from first-time buyers. Cloud sourcing which has often been predicted as the death of outsourcing, will soon merge with the existing outsourcing market and provide better
E-Discovery Creates Exciting New Opportunities
You know about e-discovery and the changes it has brought to every practice specialty imaginable. Electronic discovery how people and businesses conduct themselves, what they write in an e-mail, say in a voicemail or put in a blog or website has changed the face of the legal field. This also means that the number and
Pay Debt through Chapter 7 Bankruptcy
If you are struggling to make your ends meet as your monthly repayments are relatively higher than your disposable income, chapter 7 bankruptcy can help you out. Although the chapter 7 bankruptcy laws were tightened in 2005 to prevent abuse and there are new restrictions on filing, it is still possible for most people to
Debt collection practice in California
From the year 1977 California had certain laws that protected the interest of consumers from unethical practices of unscrupulous debt collectors. Rosenthal Act was initiated in 1977 which is now strengthening Fair Debt Collection Practices Act in California. These laws regulate the methodologies of both original and secondary debt collection practices. They lay down strict instruction and