by Chandler Hopper | May 8, 2019 | News
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...
by Chandler Hopper | May 1, 2019 | Debt Collection
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....
by Haleh Hajebian | Apr 9, 2019 | Debt Collection
Too many landlords and property owners have experienced nightmare tenants in one way or another. Whether they skip rent or destroy property (or both), they always end up accumulating astounding debt… that of which never gets returned. When the time comes to find and...
by Steven Dietz | Jun 5, 2018 | Uncategorized
Debt collector services typically operate as part of the private sector, but they also hold value for municipal collections. To illustrate, look no further than your city’s water accounts. A city of 100,000 people may have anywhere from 40,000-45,000 metered...
by Steven Dietz | Jun 3, 2018 | Uncategorized
In healthcare, revenue cycle management (RCM) is a term that refers to the handling of claims through every part of the medical billing process. Outsourcing RCM is an increasingly popular practice among healthcare providers who are strapped for time and overburdened...
by Steven Dietz | May 29, 2018 | Uncategorized
A 2010 report from the Bureau of Labor Statistics (BLS) found that of the $150 billion in debt sent to collection agencies, only $40 billion was recovered. There’s a pretty good reason for this, and it all starts with who you choose as your arbitrator. All...
by Steven Dietz | May 27, 2018 | Uncategorized
Cash flow problems can cut to the heart of any business. Case-in-point, a U.S. Bank study recently found that 82 percent of small businesses in the United States fail because of issues related to cash flow. And one of the biggest drivers of this is a client not paying...
by Steven Dietz | May 22, 2018 | Uncategorized
Debt negotiation can be a hard pill to swallow if you’re on the business side of it. After all, you have a legal right (and a financial need) to the funds that are owed. So why should you settle for anything less? To put the answer for this in perspective,...
by Steven Dietz | May 20, 2018 | Uncategorized
Young businesses often operate blindly with regard to cash flow. They don’t give it enough thought, instead seeing only revenue and expenses. As long as the R’s outpace the E’s, everything should be fine — or so goes the thought pattern. Why...
by Steven Dietz | May 15, 2018 | Uncategorized
Unpaid debt is a massive problem in the United States, not only for consumers but businesses as well. Debt settlement is the act of accepting less than what a client or customer owes to get delinquent accounts off the books and generate some form of compensation you...
