Useful helps for how to collect commercial debts.
When should you place an account with a collection agency? It’s not unusual for creditors to be uncertain about when to involve a commercial collection agency to resolve a debt. How soon is too soon? How late is too late? … Read More »
When collecting a commercial debt, it’s important to keep tabs on the financial health of your customer Knowing what to look for in assessing the financial health of your client is key to staying ahead of trouble. If you see … Read More »
Keep a close eye on the financial health of your customer You can sidestep a lot of landmines with defaults just by keeping a close eye on the financial health of your customer’s business. Things change in business constantly. Some … Read More »
Finding the responsible party for a debt is a lot like finding your way to a new destination. You first need an address or at least the name of the city and a good map or GPS. For a commercial … Read More »
Avoiding a Collection Agency Rip-Off The debt collection industry gets a bad rap. And it’s no wonder! The very nature of collections is adversarial. Money is owed. The debtor can’t or won’t pay. Let’s face it, who ever heard of … Read More »