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How to Handle Debtors That Leave the Country

Attempting to collect an outstanding debt from the guy down the street can be a difficult task in many cases. If that person decides to pick up and leave the country, things can get even more complicated. At that point, you are dealing with an agency that is capable of collecting debts at an international [...]

By | 2017-09-16T11:52:08+00:00 September 21st, 2017|Blog|0 Comments

Collecting Debts Behind a Corporate Veil

Because corporations are seen as separate entities from the people who run them, any debt incurred by a company is the responsibility of that company, and not the individuals in charge of the enterprise. This protection that company shareholders receive from being held personally accountable for the outstanding debts of their businesses is known as [...]

By | 2017-09-16T12:07:00+00:00 September 16th, 2017|Blog|0 Comments

Setting Your Debt Collection Timeline to Maximize Results

Time is the most critical factor in any debt collection. It is more important than the quality of the customer, the qualifications they may have had when you issued them credit, or any promises they might make about catching up on their payments. Every minute that goes by that you aren't pursuing some type of [...]

By | 2017-07-27T10:42:26+00:00 July 27th, 2017|Blog|0 Comments

The Risks of Extending Corporate Credit

One of the biggest points of confusion when extending credit to customers on behalf of their businesses is whether to define your agreement as being with the individual or their company. This might not seem like a big deal in the moment when you are eager to book a big sale, but it can be [...]

By | 2017-07-11T01:16:50+00:00 May 9th, 2017|Blog|0 Comments

Best Practices for Managing Your Company’s Debt Collection Efforts

Every business would prefer to receive immediate compensation for services rendered, but that just isn't always possible in today's economy. In many instances, particularly with big ticket items, your customers just don't have the money up front to afford the product or service you might want to sell them. This is the driving force behind [...]

By | 2017-05-04T15:02:41+00:00 May 4th, 2017|Blog|0 Comments

Everything You Need to Know About Contingency Rates

When you decide to hire a commercial debt collection agency, one of the first things you should discuss with them is their fee structure. In many cases, they will be charging you based on their contingency rates, which are also referred to as conditional rates. In order to have a good understanding of just what [...]

By | 2017-09-16T13:16:29+00:00 March 29th, 2017|Blog|0 Comments

How to Deal with Clients that Have Filed for Bankruptcy

Collecting outstanding debts is already a difficult job, but when the consumer you are working with officially files for bankruptcy, things can get even more complicated. Depending on the type of bankruptcy they have filed for and where they are at in the process, you may or may not be able to continue your collection [...]

By | 2017-03-12T14:23:35+00:00 March 20th, 2017|Blog|0 Comments

Everything You Need to Know About Debt After Death

There is a lot to know about debt and debt collection, but one thing that many people never bother to ask is what happens to those outstanding balances after the death of a debtor. In many cases, the deceased never realized that their outstanding debts would need to be paid off by their assets, which [...]

By | 2017-03-12T13:47:16+00:00 March 12th, 2017|Blog|0 Comments

Main Regulations and Limitations for Collecting Debt in California

Since it is one of the most expensive states in the country in terms of cost of living, it should come as no surprise that California also ranks among the top states in terms of outstanding consumer debt. Living in California is expensive, and many of the residents who call The Golden State home are [...]

By | 2017-03-12T14:12:52+00:00 March 7th, 2017|Blog|0 Comments

Take Control of Your Debt Collection Efforts By Partnering With a Collection Agency

Running a small business can be one of the most difficult and demanding things that you will ever do. No matter how good you are at hiring the right people and putting good systems in place, there is always something that is going to need your attention when you are the boss. And if you [...]

By | 2017-02-12T14:41:00+00:00 February 21st, 2017|Blog|0 Comments