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Mini-Miranda Rights
Mini-Miranda Rights

Mini-Miranda rights were established by the FDCPA of 1977 to guard consumer protection. It gave consumers legal protection against abusive debt collectors

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Restarting The Clock of Old Debt
Restarting the Clock on an Old Debt

As discussed in previous articles, creditors seeking to collect on old accounts that are long past due must collect within their state’s defined statute of limitations. Failing to recover unpaid bills before the statute of limitations expires means sacrificing any legal recourse to sue the borrower/debtor to force them to pay what they owe. However,…

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Time is Up! - Past Due
Time is Up!

Time-barred debt also directly affect business credit as well. Collecting on old debts is a bit of a two-edged sword because it gives the creditor a chance to recover some or all of their unpaid accounts

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Debt Service Coverage Ratio
Debt Service Coverage Ratio

In brief, Debt-Service Coverage Ratio (DSCR) is a rating method for a business’ cash flow that they can use to meet their debt obligations. This ratio is essentially

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What is your DPO? - Guide for Businesses and Suppliers
What is Your DPO?

For owners, it is essential to maintaining a good reputation with your suppliers to manage your DPO appropriately. Paying on time fastidiously

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