How to start and manage a collection service. Everything from state laws to what kind of equipment you will need. Chapters includes: What is a collection agency?; Should I start my own agency:, Legal requirements?; Licenses and Regulations?; Where to find clients?; Fair Debt Collection Practices; Tracing; Equipment software; Buying debt; Bad checks and more!

Starting a collection agency? Do you have questions about Starting your Collection Agency? You are not alone! I receive questions every day from people like you who are starting their own collection agencies and who need some guidance, answers and support. Finally! I have compiled those questions and my answers all together for you in an easy to read e-book designed to help you find the answers to the most commonly asked questions about starting a collection agency.

A complete, step-by-step guide to building a successful debt collection business from home.

The Federal Trade Commission receives more complaints about rogue debt collecting than about any activity besides identity theft. Dramatically and entertainingly, Bad Paper reveals why. It tells the story of Aaron Siegel, a former banking executive, and Brandon Wilson, a former armed robber, who become partners and go in quest of "paper"—the uncollected debts that are sold off by banks for pennies on the dollar. As Aaron and Brandon learn, the world of consumer debt collection is an unregulated shadowland where operators often make unwarranted threats and even collect debts that are not theirs. Introducing an unforgettable cast of strivers and rogues, Jake Halpern chronicles their lives as they manage high-pressure call centers, hunt for paper in Las Vegas casinos, and meet in parked cars to sell the social security numbers and account information of unsuspecting consumers. He also tracks a "package" of debt that is stolen by unscrupulous collectors, leading to a dramatic showdown with guns in a Buffalo corner store. Along the way, he reveals the human cost of a system that compounds the troubles of hardworking Americans and permits banks to ignore their former customers. The result is a vital exposé that is also a bravura feat of storytelling.

The Art of Debt Collections is for any one doing debt recovery using the telephone, be it 1st party, a collection agency, a collection attorney it provides a training system directed towards a successful debt recovery solution. Though attorney collection practices, 1st party, agency collection practices and techniques might differ, this book still applies. A useful training tool for every debt collection agency, debt collection attorney, 1st party creditor and any one involved in debt recovery services or debt collection services. The book doesn't offer an all encompassing debt elimination strategy, debt collection solution or debt collection strategy. Instead it is geared towards the individual collector, the one who is actually on the phone in direct contact with the debtor. The book covers the physiological aspect of debt collection, and a step by step method for the collection debt phone call. The Art of Debt Collections is a must read for every debt collector.

When I wrote my first edition of Starting a Collection Agency, how to make money collecting money in 2002. I wrote this book because I was getting so many emails, letters and phone calls from people asking me how I had started my own collection agency. This book is now in its third edition and continues to be my bestselling book. During the years as I have worked in this industry, I have received thousands of letters and emails from people with questions about starting their own agencies, which may not have been covered in that book. This compilation is to help you get your questions answered, understand the FDCPA and learn how to effectively market your collection agency in order to gain more clients and grow your agency.