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Mar 9 2016 03, 2016

The Truth About Wage Garnishment and Credit Collections

By | 2017-05-10T10:49:28+00:00 March 9th, 2016|Blog|0 Comments

Most debtors never think it could happen to them. One minute they are using credit cards for their living expenses, and the next, after ignoring multiple notices from collection agencies, they find a judgment entered against them that takes a bite out of their paycheck every week. Let’s take a closer look at the truth [...]

Mar 1 2016 03, 2016

What Does the Current State of Student Loan Debt Mean for Collections Agencies?

By | 2017-05-10T10:50:32+00:00 March 1st, 2016|Blog|0 Comments

If you listen carefully to the election debates, you might have noticed an unusual policy discussion starting to take shape: Student loan debt. With estimates most recently reported at $1.3 trillion USD, presidential candidates are beginning to propose solutions to help struggling students take a healthy approach to paying back student loans. In fact, it’s [...]

Jan 20 2016 01, 2016

4 Solutions to Help Consumers and Businesses Pay Off Their Debts

By | 2017-05-10T10:51:38+00:00 January 20th, 2016|Blog|0 Comments

If you’ve ever held a sales position, you probably know a thing or two about the concept of objections. These are the first excuses that someone will make as to why they cannot buy your product or service. The same will be true when you are asking a consumer or business to pay off a [...]

Dec 29 2015 12, 2015

7 Shocking Statistics About Debt Collection in the U.S.

By | 2017-05-10T12:35:43+00:00 December 29th, 2015|Blog|0 Comments

Debt collection agencies are designed to help businesses collect the monies that they are owed based on a contract. The contract can be between any creditor and debtor whether commercial or consumer. In our last blog, we reviewed the top 10 reasons people go into debt. However, you might also be interested in a few [...]

Dec 18 2015 12, 2015

Top 10 Reasons People Go Into Debt

By | 2017-05-10T10:59:30+00:00 December 18th, 2015|Blog|0 Comments

What are the major sources of consumer debt? Whether you own a business or are simply curious about the current state of debt in America, let’s take a closer look at the top 10 reasons people go into debt (Note that we did not include mortgages or car payments, which are two major debt sources [...]

Nov 23 2015 11, 2015

6 Considerations Before You Hire a Debt Collection Agency

By | 2017-05-10T13:15:01+00:00 November 23rd, 2015|Blog|0 Comments

The internet brought about a plethora of changes for businesses. One of the major shifts has been that ability for consumers to loudly voice their opinions on social media. When it comes to debt collection, it’s important to remember that the agency you choose to work with is a direct reflection on your company. Consumers [...]

Nov 6 2015 11, 2015

4 Steps to Getting Started with Your Debt Collection

By | 2017-05-10T13:16:34+00:00 November 6th, 2015|Blog|0 Comments

Regardless of whether you’ve been in business for just one year or a decade, one of the issues most companies do not expect to face is debt collection. However, from the smallest microbusinesses to the largest firms, you will eventually encounter a client who chooses not to pay their outstanding balances. As you may have [...]

May 30 2015 05, 2015

What Happens to a Debt if the Debtor Dies?

By | 2017-05-10T13:18:16+00:00 May 30th, 2015|Blog|0 Comments

As if there aren’t already enough rules and regulations to be aware of when collecting debts from living debtors, there are even more that you will want to be aware of if your debtor should suddenly pass away. Fortunately for creditors, death does not absolve existing debt. However, the debtor needs to possess enough assets [...]