Category: Debt Collection

Business debt is often one of the biggest challenges for a small business owner hoping to get paid on time. This is because companies that have debtors often deal with late payments, missing payments, and the need to collect it as soon as possible to ensure the smooth operation of the company. Companies that deal… Read more »

A problem that every business seems to have is customers who are slow to pay their bills, or customers who do not pay at all. This is even more of an issue when the economy takes a nose dive and money gets tight for everyone.One answer to the problem is to have a clearly and… Read more »

Everybody at some time or another has been contacted by a collection agency for some type of debt. But if you are on the other end where you need to collect a debt from someone, it can be a frustrating process. That is why you need to hire a professional collection agency that is committed… Read more »

If you are a business looking to collect on the debts you are owed, it can be pretty tricky. Not having the right information under your belt can make the process more complicated than it needs to be. The following article will give you a good idea of what you should and should not do… Read more »

The management of delinquent accounts for any company is a big job, and particularly in an economy such as ours today, there are that many more people who are having difficulty in handling their accounts.The question is, where do you start in the process of selecting such an agency. You will want an agency that… Read more »

If you are currently facing a situation where you are potentially on the verge of bankruptcy, and you would like to resolve this situation before it gets any worse, it’s a good idea to know who your debtors are, and how much you owe, in order to fix this situation. Depending upon how much debt… Read more »

Collecting the balance on past due accounts is not a pleasant task. It is time consuming and dealing with clients who owe you money can be very frustrating. It is important to create an efficient collection cycle so you do not miss any over due account and collect the money successfully. Getting organised is very… Read more »

Debt collection can be a time consuming and frustrating problem, especially if you are a small company without the personnel or means to track down the individual who owes the debt. Using a professional debt collection agency is the best way to make sure you are paid what is owed, with minimal hassle and loss…. Read more »

What should you do about old accounts that are still unpaid? If you cannot afford to spend any of your business’ resources to collect on these old accounts, you should think about selling them to debt collectors. If you don’t have the time and resources to get your creditors to pay off their debts to… Read more »

Debt collectors are not always coming to you with bad intentions. These people are simply trying their best to help you settle your debt so both parties can move forward. If you do not pay the debt you have accumulated for your business then you may face criminal charges. So debt collectors can actually save… Read more »