When a consumer passes away owing money, the debt is satisfied in the deceased debt collection or probate process. If the deceased leaves an estate that is valued above the debt, then creditors will typically be paid off. Secured debt is also usually satisfied. But the probate process can become very complicated based on where a consumer was living, where in the collection process certain accounts were at the time of death, and if debts exceed the value of the estate.
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New York Passes Law Addressing Collection of Decedents’ Debts
8 January 2019
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Phillips & Cohen Associates Announces Asia Pacific Expansion
8 September 2016
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CFPB’s Proposal for Collection of Decedent Debt: a Misguided Approach (Part 2 of 2)
31 August 2016
CFPB’s Proposal for Collection of Decedent Debt: a Misguided Approach
30 August 2016
Phillips & Cohen Associates to provide Mortgage Administration Services
8 August 2016
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insideARM Perspective on CFPB Outline of Proposed Debt Collection Rules – Communication Part 2
1 August 2016
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CFPB Outlines Debt Collection Rulemaking Proposals
28 July 2016
Phillips & Cohen Associates International’s Expansion Continues
23 May 2016
Bankrupt Debt Acquisitions Partners with Beam Software
28 April 2016
CFPB Targets ARM Industry -- Which Practices Should Your Company Avoid?
22 April 2016
Deceased Account Collections Requires A Specialized and Compliance-Based Approach
4 August 2015
Phillips & Cohen Associates Ranked as the Best Mid-sized Employer in Delaware
26 August 2014
State May Have to Defend its Debt Collection Practices After Settlement
24 June 2014
Phillips & Cohen Associates Wins Treating Customers Fairly Award
20 May 2014
Executive Change: Tim Webb Global Sales Director of Phillips & Cohen Associates
12 November 2013
CFPB Targets Bank of America Credit Card Services, Debt Complaints
7 November 2013
Phin Solutions, Inc. Achieves ARM Industry Gold Compliance Standard, TECH LOCK Certified
21 October 2013
Phillips & Cohen Associates Deploys CallMiner Speech Analytics and Real-Time Automated Monitoring
16 October 2013
Phillips & Cohen Associates Ranked Top Workplace in Delaware for the Third Year in a Row
4 September 2013
Phillips & Cohen Associates Australia Announces Support for GriefLine
30 July 2013
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