Useful helps for how to collect commercial debts.
The debt Collector working your account will be far more likely to collect monies owed to you if you have plenty of documentation. Think of each of your accounts like a story. Like any good story, we have a rosy … Read More »
Submit Your Claim EARLY in the Game An aged account becomes less viable with each and every passing day. The number 1 mistake creditors make regarding past dues is to wait to act until it’s too late. The chance of … Read More »
Recovering Costs in Court If you want to recover contingent fees or attorney fees incurred through the process of legal action, you must have a contract signed by your debtor that clearly communicates that the costs of collections will be … Read More »
Can You Collect Interest on A Commercial Debt? Collecting interest on a commercial debt can be tough to accomplish. It’s doable. It’s just tough. Some creditors not only want to collect interest, but they also want to recover the cost … Read More »
Utilize your sales team to help you avoid debt collections and the use of a 3rd party commercial debt collection agency. You already know how essential it is to regularly monitor the health of your customers. Maybe what you don’t … Read More »