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When is it Time to Hire a Debt Collector?

When is it Time to Hire a Debt Collector?

If you run a business, you may end up asking yourself: when is it time to hire a debt collector? Whether you have many debtors or a few, the simple answer is sooner than later. In fact, statistics show that the longer you wait to call a debt collection agency, the...
New Debt Collector Rule for the Modern Age

New Debt Collector Rule for the Modern Age

Communication has come a long way since 1977, when the Fair Debt Collection Practices Act was passed. Because email, voicemail and texting did not exist back then, the act does not cover their use in debt collection attempts. The Consumer Financial Protection Bureau...
5 Debt Collection Tips for Business Owners

5 Debt Collection Tips for Business Owners

It’s that time of the month, money collection time. But, once again, when you request the money, nothing happens. The debt collection process can be a huge headache for business owners and has the ability to negatively affect your cash flow and accounts receivables....