Jan 4 2018 01, 2018

The Powerful Leverage of Credit Reporting

By | 2017-12-30T14:18:56+00:00 January 4th, 2018|Blog|0 Comments

One of the most powerful tools in the pocket of anyone attempting to collect an outstanding debt is the ability to report that debt to the major credit rating agencies. These agencies have become a go-to source for all kinds of businesses that lend money to their clients, and they are just as important for [...]

Dec 30 2017 12, 2017

Five Reasons to Make Debt Collection a Bigger Priority in Your Business

By | 2017-12-30T14:06:03+00:00 December 30th, 2017|Blog|0 Comments

Most small business owners understand the importance of prioritizing their debt collection practices, but those practices also tend to fall into the "important, but not urgent" category. And those tasks often get overlooked in favor of the more pressing demands of tasks in the "urgent, but not important" categories. Business owners are constantly forced to [...]

Dec 5 2017 12, 2017

Different Types of Debt Collection Agencies

By | 2017-11-26T12:35:59+00:00 December 5th, 2017|Blog|0 Comments

Making the decision to work with a commercial debt collection agency is a big step for most small business owners. But that decision is relatively small compared to the task of deciding exactly which agency makes the most sense for your business. Debt collection agencies come in all shapes and sizes, and partnering with one [...]

Nov 27 2017 11, 2017

How to Respond to Threats From Debtors

By | 2017-11-26T12:32:37+00:00 November 27th, 2017|Blog|0 Comments

Commercial debt collection is typically a pretty boring operation. Between all of the documentation and paper pushing, there is actually not much of anything about the process that is worth getting excited about. But every once in a while a creditor will come across a situation where a debtor becomes hostile. When you find yourself [...]

Nov 9 2017 11, 2017

What Documentation is Necessary to Recover Debt?

By | 2017-10-13T17:08:40+00:00 November 9th, 2017|Blog|0 Comments

Whether you are working with a commercial debt collection agency or attempting to collect delinquent accounts on your own, collections can be a very difficult process. One of the best ways to improve your ability to collect on those outstanding debts is to improve your documentation process. It should start from the very minute that [...]

Nov 1 2017 11, 2017

Debt Collection in Germany

By | 2017-10-13T16:36:06+00:00 November 1st, 2017|Blog|0 Comments

International debt collection is one of the toughest obstacles that exists in the collection industry. Every country has a different set of rules and regulations when it comes to debt collection, and keeping all of them straight isn't just a full time job…it's a job for a full department of people. Germany is actually one [...]

Oct 24 2017 10, 2017

Collection Rate vs. Contingency Fees: Getting the Most Out of Your Collection Agency

By | 2017-10-13T16:17:32+00:00 October 24th, 2017|Blog|0 Comments

There are an incredible number of variables to consider during the process of choosing a commercial debt collection agency to handle your company's delinquent accounts. As much as you might value important factors like location and experience, the two biggest keys for any business owner are collection rate and contingency fees. Of course, those two [...]

Oct 18 2017 10, 2017

Debt Collection in Illinois

By | 2017-10-13T15:33:55+00:00 October 18th, 2017|Blog|0 Comments

The rules and regulations regarding commercial debt collection can vary tremendously depending on your location and the location of the debtor you are attempting to collect from. Those laws can get extremely complicated when you are attempting to collect internationally, but there can also be some complications when attempting to collect a debt in a [...]

Oct 13 2017 10, 2017

Debt Levels Are Rising Across the Country

By | 2017-10-13T15:16:59+00:00 October 13th, 2017|Blog|0 Comments

Consumers in the United States of America have a problem with immediate gratification. They want what they want, how they want it, when they want it. And they are not going to let something like the ability to pay for those things they want stand in the way of getting them. The debt levels of [...]

Sep 27 2017 09, 2017

7 Good Reasons to Pay Your Debts Now Rather Than Later

By | 2017-10-13T15:07:27+00:00 September 27th, 2017|Blog|0 Comments

Debt is a concept that just about everyone struggles with throughout the course of their life. When you are old enough to qualify for high-interest rate debt, the allure of a new shiny object is often much stronger than the idea of paying it off with interest. We have all fallen for that trap to [...]