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Why cash flow is so important

American Profit Recovery

And while many consumers do not like being on the receiving end of a communication from a collection agency, companies like ours provide a necessary service to organizations that have challenges in getting their customers and clients to pay or pay on time. It does not matter what size your company is.

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Improve accounts receivable process with these 6 tips

American Profit Recovery

You and your team should enjoy coming to work and doing what people pay you for. But there are going to be times when customers do not pay you as we are sure you have figured out by now. But there are going to be times when customers do not pay you as we are sure you have figured out by now.

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Your business hired a collection agency. Now what?

American Profit Recovery

If your organization has had challenges in getting customers to pay or pay on time, you have most likely taken the steps to work with a collection agency. The right agency will help you get back on track as well as help your customers find a solution to their ongoing debt. Onboarding. Submitting accounts.

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25 Passive Income Ideas to Make Money [2023]

Credit Corp

If you’re behind the national average, it may seem difficult to catch up, but whether you have bad credit or a lot of debt, you can still begin building your net worth by learning how to generate passive income. Passive income is a great way to generate more income, pay down your debt, and start saving and investing for your future.

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Does Chapter 13 Wipe All of Your Credit?

Sawin & Shea

Unlike Chapter 7 , Chapter 13 bankruptcy allows you to avoid liquidating your non-exempt assets. Instead, you pay a repayment plan over three to five years. While Chapter 13 is effective for debt relief, many worry about how this filing method may negatively affect their credit scores.

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Best Practices for Medical Accounts Receivable Management

Nexa Collect

In one of our previous blogs, Using a Revenue Recovery Service to Recover debt , we discussed the risk undertaken by a business extending credit to another business, or consumer, by providing services in exchange for a promise of “due and proper consideration”. Do not assume that a future receivable is money in your company’s coffers now. .

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How Long Does a Bankruptcy Stay on Your Credit Report?

Sawin & Shea

If you are thinking of filing for Chapter 7 or Chapter 13 bankruptcy, or if you have already filed, you may be concerned about how long the bankruptcy will stay on your credit report. The difference is because, in Chapter 13 bankruptcy, you and the bankruptcy trustee make a structured plan to pay off most of your debts in 3-5 years.