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SWS Credit Services Inc – Debt Collection

Directory >> USA >> North Dakota >> Grafton >> SWS Credit Services Inc

SWS is a full service agency serving North Dakota and Minnesota. Services include Check Recovery, Account Recovery, Public Records Bulletin etc.

Address:

Devils Lake Office:
(800)587-9643
(701)662-2595 Fax
411 4th St. NE #2 ~ PO Box 1096
Devils Lake, ND 58301

Grafton Office:
(866)265-7962
(701)352-0814 Fax
910 Hill Ave. ~ PO Box 270
Grafton, ND 58237

Phone:
(866)265-7962

Email:
contact@swscreditservices.com

Website:
swscreditservices.com

Source of information / References:
swscreditservices.com/index.php?p=1_2_Contact
swscreditservices.com

Make changes to this page? or Add a new collection agency listing?
If you own this collection agency and there is a need to update information presented on this page, kindly email us at “directory@NexaCollect.com”

Information presented about this collection agency may not be 100% accurate or may have changed since we created this page. Kindly visit the agency’s website for the most up to date information.

Credit Collections Bureau (CCB) – Debt Collection

Directory >> USA >> North Dakota >> Bismarck >> Credit Collections Bureau (CCB)

Established in 1987, Credit Collections Bureau (CCB) has been serving account receivable needs across the nation. CCB will do a thorough job including skip tracing, asset locating, and take legal action if necessary. No Collection – No Charge.

Address:

North Dakota
(Bismarck)
3550 E Rosser Av
PO Box 778
Bismarck, ND 58502-0778
Collection: 877-250-7147
Sales: 701.250.1390
Toll Free: 888.461.1390
Fax: 701.250.1393
Fax Toll Free: 888.353.1393

(Fargo)
PO Box 9966
Fargo, ND 58106-9966
Collection: 855-894-7581
Sales: 701.293.6686
Toll Free: 877.461.1390
Fax Toll Free: 877.353.1393

South Dakota
(Rapid City)
410 Sheridan Lake Road
PO Box 9490
Rapid City, SD 57709
Collection: 800-662-9511
Sales: 605.394.9490
Toll Free: 800.424.9490
Fax: 605.341.5771
Fax Toll Free: 800.223.8465

(Sioux Falls)
1212 W Elkhorn St
PO Box 90508
Sioux Falls, SD 57109
Collection: 866-607-5322
Sales: 605.362.3744
Toll Free: 877.424.9490
Fax Toll Free: 877.644.8465

Minnesota
(Shakopee)
1160 Verling Dr Suite 307
Shakopee, MN 55379
Collection: 877-314-2634
Sales: 763.746.0501
Toll Free: 855.881.7241
Fax Toll Free: 855.245.9937

Phone:
888-461-1390

Email/Contact:
Contact Credit Collections Bureau (CCB) using the form located on this page: www.ccbinet.com/contact-us/

Website:
www.ccbinet.com

Source of information / References:
www.bbb.org/minnesota/business-reviews/collection-agencies/credit-collections-bureau-in-bismarck-nd-21004551
www.ccbinet.com/contact-us/office-near-you/
www.ccbinet.com/contact-us/
www.ccbinet.com/about-us/why-ccb/
www.ccbinet.com/about-us/our-collections/

Make changes to this page? or Add a new collection agency listing?
If you own this collection agency and there is a need to update information presented on this page, kindly email us at “directory@NexaCollect.com”

Information presented about this collection agency may not be 100% accurate or may have changed since we created this page. Kindly visit the agency’s website for the most up to date information.

Collection Agencies in Bismarck, ND

Directory >> USA >> North Dakota >> Bismarck

List of collection agencies in Bismarck, ND

Need a North Dakota collection agency: Contact Us

Collection agencies are experts in recovering money for their clients. There is absolutely no point in writing off accounts which you believe have become delinquent because your own efforts are of no match when it comes what collection agencies can do for both small businesses and medical professionals. Apart from their extensive experience of recovering money all day long, they have specialized tools (like Skip tracing) that assist in further improving recovery rates.

In fact, there is no cost at all to hire a collection agency since they do not charge until they collect. Typically they keep 40% of whatever they collect. No recovery means no fees.

Collection agencies in North Dakota must abide by the federal FDCPA debt collection laws and must follow an amicable/diplomatic approach during debt collection.

Collection Center, Inc. (CCI) – Debt Collection

Directory >> USA >> North Dakota >> Bismarck >> Collection Center, Inc. (CCI)

Collection Center Inc. provides accounts receivable management and bad debt collection services for clients in North Dakota, South Dakota, Minnesota, and Montana. The company offers pre-charge off, early out, and final billing services; third party accounts receivable management/bad debt collections; etc

CCI is a STARTEK Company, serving clients in healthcare, telecommunications, and a wide variety of other consumer-oriented industries locally, nationally and globally.

 

 Address:
PO Box 1057
Bismarck, ND 58502

Phone:
800-472-2246

Email/Contact:
Contact Collection Center, Inc. (CCI) using the form located on this page: www.collectioncenterinc.com/contact-us

Website:
www.collectioncenterinc.com

Source of information / References:
www.collectioncenterinc.com/
www.collectioncenterinc.com/contact-us
www.collectioncenterinc.com/services
www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=285645660

Make changes to this page? or Add a new collection agency listing?
If you own this collection agency and there is a need to update information presented on this page, kindly email us at “directory@NexaCollect.com”

Information presented about this collection agency may not be 100% accurate or may have changed since we created this page. Kindly visit the agency’s website for the most up to date information.

Find a Collection Agency in USA

Directory >> USA

Following is the list of collection agencies in USA sorted by state.

There are thousands of Debt Collection Agencies in USA. Finding a good Collection Agency with extensive experience in your industry is a daunting task.

✅Contact us and we will promptly connect you to a good collection agency for your industry and based on your state, for free. Nexa has assisted hundreds of businesses, institutions and medical professionals to effectively recover money from their past due accounts.

Your criteria to select the collection agency should be based on performance and not necessarily their cost. An agency that charges 10% more but also recovers 20% more, means you get 10% more money back in your pocket when compared to a lower-priced agency.

Alabama

Alaska

Arizona

Arkansas

California

Colorado

Connecticut

Delaware

Florida

Georgia

Hawaii

Idaho

Illinois

Indiana

Iowa

Kansas

Kentucky

Louisiana

Maine

Maryland

Massachusetts

Michigan

Minnesota

Mississippi

Missouri

Montana

Nebraska

Nevada

New Hampshire

New Jersey

New Mexico

New York

North Carolina

North Dakota

Ohio

Oklahoma

Oregon

Pennsylvania

Rhode Island

South Carolina

South Dakota

Tennessee

Texas

Utah

Virginia

Washington

West Virginia

Wisconsin

Wyoming

(We have most collection agencies listed here, and  keep adding the new ones when we find them. )

Statute of Limitations in Debt Collection

Statute of Limitations (SOL) is a time period after which a debt collector loses the right to sue the debtor or take any legal action against him. Statute of limitations laws vary from state to state, for example in California it is 4 years while in Rhode Island it is 10 years.

In most states, it’s between 3 to 6 years. Debts that have passed the statute of limitations are also known as “time-barred debts“.

Q1. If the statutes of limitations have passed, is the debtor free from debt?

No, the debtor still has the moral obligation to pay. The debt has not disappeared just that the debt collector can no longer force a debtor to pay or sue him in court.

Q2. If a debt collector contacts a debtor after the Statute of limitations has passed, has he broken a law?

Not necessarily. Let us look at these scenarios.

– A debt collector may have a wrong “Date of Debt” in his system. It is also possible that the debtor has wrongly calculated it, and the Statute of Limitations has not yet expired. Both parties should clarify this amicably, so there is no confusion. Present the proof if necessary.

– A Debt Collector can still try to collect money by sending a letter and calling over the phone. The debtor can tell the collector that he has no intention to pay. The guidelines on the Statute of Limitations vary by each state (and sometimes cities too), a collection agency must be very careful while trying to collect on these time-barred debts.

Q3. What are the consequences of not paying the debt after the Statute of Limitations have passed?
The debt collector can report the bad debt to the credit bureau reporting agencies like Experian, Transunion and Equifax (if permitted by the state laws). That unpaid debt will appear on the debtor’s credit history for seven years. This will greatly lower the chances of a debtor taking more loans and sometimes even make harder for him to get a good job for many years to come.

But wait, the debtor may be on the hook for paying taxes on the forgiven debt.
There is another consequence of not paying the debt. If the financial institution forgives or writes off a debt over $600, they may send a Form 1099-C to the IRS and a copy to the debtor as well. This only applies to the principal amount, and interests and other fees cannot be added. IRS will ensure that this amount is added to the debtor’s income. There are some exceptions when this is not applicable, like the discharge of debt due to bankruptcy or debtor’s insolvency etc. Since the debtor took the money and did not pay it back, IRS treats this as an income and demands tax on it. If the debtor claims insolvency, then IRS form 982 may apply. The debtor should consult a tax professional to handle this scenario.

Q4. How is the Statute of Limitations date calculated?
First, let’s understand the “Date of Debt” concept. It is the date when the debtor made some activity on that account. It could be the date when the item was purchased, or when the payment was due, or when the last payment was made, or even when the debtor re-agreed to pay the debt (which means the debtor has agreed again to the ownership of the debt). The most recent date is called the “Date of Debt” and the SOL is calculated from that date.

A debtor may have agreed to pay in 4 different ways
a) Oral Contract – Debtor agreed to pay orally (ex: an orally recorded phone message)
b) Written Contract – This could be a signed contract or an invoice. ( ex: A medical bill plus a written agreement)
c) Promissory Note – In this, the details of repayments are spelled out – For example, mortgages or car loans.
d) Open-ended– Here the balance and repayment terms can change- Ex: Credit cards, line of credit etc.

Following are some examples of Statute of Limitations by each state (in the number of years).

State Oral Contracts Written Contracts Promissory Notes Open-Ended
Alabama 6 years 6 years 6 years 3 years
Alaska 6 years 6 years 6 years 3 years
Arizona 3 years 6 years 6 years 3 years
Arkansas 3 years 5 years 5 years 3 years
California 2 years 4 years 4 years 4 years
Colorado 3 years 6 years 6 years 6 years
Connecticut 3 years 6 years 6 years 6 years
Delaware 3 years 3 years 3 years 4 years
Florida 4 years 5 years 5 years 4 years
Georgia 4 years 6 years 6 years 4 years
Hawaii 6 years 6 years 6 years 6 years
Idaho 4 years 5 years 5 years 4 years
Illinois 5 years 10 years 10 years 5 years
Indiana 6 years 6 years 10 years 6 years
Iowa 5 years 10 years 5 years 5 years
Kansas 3 years 5 years 5 years 3 years
Kentucky 5 years 10 years 15 years 5 years
Louisiana 10 years 10 years 10 years 3 years
Maine 6 years 6 years 6 years 6 years
Maryland 3 years 3 years 6 years 3 years
Massachusetts 6 years 6 years 6 years 6 years
Michigan 6 years 6 years 6 years 6 years
Minnesota 6 years 6 years 6 years 6 years
Mississippi 3 years 3 years 3 years 3 years
Missouri 5 years 10 years 10 years 5 years
Montana 5 years 8 years 8 years 5 years
Nebraska 4 years 5 years 5 years 4 years
Nevada 4 years 6 years 6 years 4 years
New Hampshire 3 years 3 years 6 years 3 years
New Jersey 6 years 6 years 6 years 6 years
New Mexico 4 years 6 years 6 years 4 years
New York 6 years 6 years 6 years 6 years
North Carolina 3 years 3 years 5 years 3 years
North Dakota 6 years 6 years 6 years 6 years
Ohio 6 years 8 years 15 years 6 years
Oklahoma 3 years 5 years 5 years 3 years
Oregon 6 years 6 years 6 years 6 years
Pennsylvania 4 years 4 years 4 years 4 years
Rhode Island 10 years 10 years 10 years 10 years
South Carolina 3 years 3 years 3 years 3 years
South Dakota 6 years 6 years 6 years 6 years
Tennessee 6 years 6 years 6 years 6 years
Texas 4 years 4 years 4 years 4 years
Utah 4 years 6 years 6 years 4 years
Vermont 6 years 6 years 5 years 3 years
Virginia 3 years 5 years 6 years 3 years
Washington 3 years 6 years 6 years 3 years
West Virginia 5 years 10 years 6 years 5 years
Wisconsin 6 years 6 years 10 years 6 years
Wyoming 8 years 10 years 10 years 8 years

A state may alter the Statute of Limitations from time to time therefore do not rely on the table above. Your collection agency should have the most up-to-date information on this. Proof of last activity may be a copy of a check, credit card statement, and other forms of communication that may have happened with the debtor.

Q5. What can Restart the Statute of Limitations?

If a debtor makes even a small payment ( say even $10) after the Statute of Limitations has passed or agrees to make payment under a new arrangement, it can potentially reset the “Date of Debt” again. In other words, the Statute of Limitations will reset and the debt collector can sue the debtor in the near future.

Q6. Can the old debts be removed from the debtor’s credit report once the Statute of Limitations has passed?

It can be removed only if the debt is inaccurate or legally disputable or has been resolved. Statute of Limitations has nothing to do with credit bureau reporting and affects the credit score for 7 years. Medical debts are removed from credit reports when paid.

Q7. Why is there a concept of Statute of Limitations after all?

It’s a kind of fairness doctrine. A debtor cannot be harassed all his life for a debt he could not pay. After all, even a creditor risks if he does not take the full payment immediately. As the debt gets older, circumstances change, documents are lost and important evidence can be misinterpreted. The objective is to encourage diligent collections while evidence is available and fresh. Considering all these factors, the Statute of Limitations came into existence.

Most collection agencies will stop collecting on a debt once the SOL is reached. They just lost the biggest tool ( read it “soft scare tactic”) used to recover unpaid debts.

Are you looking for a collection agency? Get in touch with us by visiting our “Contact us” section.

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