I hope this is the correct place to post this.

I have a Client who wants to expand his collections business and was discussing MCA collections. His business is strictly consumer collections right now which is heavily regulated by FDCPA. I did some reading on here but I really couldn't find what I was looking for.

How successful are MCA companies at collecting? If your purchasing receivables and the business closes, it seems like there is little recourse. If they stay open I can see how that may present an opportunity to collect something, although they merchant could close at any time. As far as I know there isn't the same collection regulation as consumer.

Just trying to get some insight as this is a subject that I know very little about.

Thanks!