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How Effective Are Collection Agencies in Times of Economic Hardship?
(04/23/2009)
With the United States unemployment rate headed toward ten percent, many people who could normally manage mortgage, auto, and credit card payments are having a much harder time covering their financial obligations.
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Acceptable Practices By Debt Collection Agents And How To Get Relief
(03/30/2007)
Debt collection guidelines must be followed by collection companies, but certain procedures are allowed and still can be very bothersome. Debt management may be one way to get help from being hounded by collection calls and letters. Here are several ways a collection processor tries to get payment. Relief through using a debt management or debt consolidation company may be the only solution to stop it.
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Basic Bad Debt Collection Guidelines For My Business
(07/07/2006)
Your business bad debt collections action should follow certain guidelines. It is important to know how to set up an internal collections system for past-due accounts in your business, and when is the best time to use a collection agency.
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Bill Collection Agency Evaluation: The 5 Crucial Characteristics
(06/29/2009)
Many experts agree that the projected outstanding debts for 2009 and beyond may reach unprecedented heights. While established companies may have the staying power to weather such a storm, small to mid-sized businesses may be forced to look to an outside collection agency for help. Here are five features any good bill collection firm should demonstrate.
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Commercial Collection Agencies: How They Work and How to Buy
(10/01/2009)
One of the unrewarding tasks of business management is collecting on overdue accounts. Organizations can easily waste valuable human and financial resources in fruitless attempts to recover debts. However, commercial collection agencies provide real value in managing this frustrating task. Here's what collection agencies do and how to select a vendor.
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How Can I Find the Best Collection Agency for My Business?
(07/16/2006)
Several factors may play a part in how you choose a collection agency that is right for your business. A business owner needs a business debt collections strategy for past-due accounts, and the right bad debt collection agency can be part of that solution.
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How Collection Agencies Charge for Their Services
(07/07/2006)
Bills are easier to collect the more recently they were incurred. Collection agency pricing often increases for long term past-due accounts.
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Letter writing guidelines for debt collection on past-due accounts
(07/07/2006)
Basic information must be included in a bad debt collections letter for past-due accounts so that it will be effective. If payment has not been received, a collections letter should state what action will be taken, such as referring the account to a collection agency.
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Myths about Past-Due Accounts Could Be Reducing Debt Collection Results
(07/21/2006)
If a business believes that customers with past-due accounts will never pay, then it has many misconceptions about the customer and the debt collection process with collection agencies. This may keep the business from receiving all of its accounts receivable that it is due.
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Reasons Past-Due Accounts Don't Pay and How to Collect
(07/19/2006)
Lists the reasons why past-due accounts don't pay and what to do in each case. Business collections work best when the reasons for non-payment by customers are discussed with them, and before referring them to a collection agency.
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Using the telephone effectively for collection on past-due accounts
(07/07/2006)
Guidelines are provided for telephoning past-due accounts and asking for payment. Telephone collections are a good tool used by businesses and collection agencies.
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What are my rights as a business when taking debt collection action on a past due account?
(07/07/2006)
Businesses may seek to debtcollect on past-due accounts, but must adhere to certain requirements. Collecting may be done internally, or by retaining a collection agency.
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What do Collection Agencies Do?
(07/16/2006)
Collection agencies may be a useful resource for a business with past-due accounts. Collection fees vary, but all actions are aimed at helping with the business collections process.
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Why Should My Business Use a Collection Agency?
(07/21/2006)
A business can do their own collections on past-due accounts or it can turn these accounts over to a collection agency. Collection agencies charge for their services which costs the business client, but the agency experience and expertise in collecting may save the business more in the long run.
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QuoteCatcher.com Expands Services to Include Debt Consolidation and Debt Manage Services
(04/12/2007)
Online leads broker, QuoteCatcher.com, matches businesses and individuals with debt management and debt consolidation companies.
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