"We hold that a law firm that prepares promissory notes or undertakes debt collection activity on behalf of a HOA client is not subject to the MCLL because it is not a 'lender' that is 'engaged in the ...
Enter 2024 — and the IRS is about to get back to normal collection activity through its primary collection engine: the Automated Collection System, or ACS. On Dec. 19, 2023, the IRS announced that it ...
When a debt goes unpaid for long enough, it can move through a series of hands, first the original creditor, then a third-party debt collector and sometimes even multiple agencies afterward. Each ...
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