This video explains the specific laws governing business-to-business debt collection in Missouri. It clarifies why the federal FDCPA often doesn’t apply, but the Missouri Merchandising Practices Act does, creating unique risks for businesses. Viewers learn about the different statutes of limitations for written versus oral contracts, the three-part legal test for ‘piercing the corporate veil’ to hold owners personally liable, and the powerful post-judgment remedies available to creditors. The core argument is that businesses must use meticulous documentation and adopt FDCPA principles as a ‘gold standard’ to ensure compliant and effective debt recovery. For a detailed breakdown of these laws, visit: https://www.swrecovery.com/resources/blog/missouri-debt-collection-laws/
Southwest Recovery Services
City: Addison
Address: 16200 Addison Road Suite 260
Website Southwest Recovery Services
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