Welcome to the BYL Services blog


 

Have Debt Collection Tactics Gone Too Far?

A topic of discussion, among political candidates and more, is the rising challenge of student loan debt. Research shows that Americans have $1.2 trillion in student debt with most of the loans held by the federal government. A recent news article...

Maximizing Student Housing Collections

Student housing property owners face unique challenges due to their rental population. With the combination of a student's lifestyle, the possibility of roommates, parental involvement and financial aid, billing, receiving and recovering rent and...

How to Spot Deceptive Debt Collectors

Within the last month, the Federal Trade Commission announced that it had cracked down on several abusive and deceptive debt collections practices. In November of 2015, the FTC launched Operation Collection Protection to stop and enforce actions...

5 Landlord Tips for Collecting Back Rent

Managing a single unit, student or military housing or any multi-family property requires due diligence on the part of the landlord or property owner. Not only should the tenants be screened properly ahead of time, landlords must have a clear...

What is the Fair Debt Collection Practices Act?

In order to understand both the rights of a consumer and the rights of a business hoping to collect on delinquent accounts, you must begin with a definition and a clear understanding of the Fair Debt Collection Practices Act. The FDCPA, passed in...

10 Tips for Hiring a Debt Collections Agency

Dealing with delinquent accounts can be resource draining for all involved. When your cash flow is at stake, however, you want to take whatever means necessary to collect what is due. While there are numerous choices in collections agencies, you...

What to Expect When your Account is in Collections

No one likes to hear that an unpaid debt has been taken over by a collection agency. Many consumers are unsure of their rights, how the collections agency will treat them or if things will get worse if the debt stays delinquent.

Understanding the...