American Profit Recovery

DECEMBER 29, 2022

Consumers and the business community should be comforted knowing there has been a consistent industry-wide effort in collections to humanize the process. More and more collection agencies understand the value and critical nature of tactful and respectful communications with consumers.

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American Profit Recovery

AUGUST 11, 2021

That includes how we can work in the best interest of the clients that hire us, the consumers that are struggling with their finances, and the overall health and effectiveness of the collection industry. And that is definitely the case when it comes to debt collections. We have always wanted to do our part.

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American Profit Recovery

SEPTEMBER 30, 2020

Hiring a collection agency to help with your cash flow is an important decision you need to make for your organization. We spend a substantial amount of time speaking with business owners, accounting professionals, and business managers about how they can improve their cash flow through a reputable debt collection program.

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American Profit Recovery

MAY 31, 2022

Choosing a third-party collection agency Is a big step for some businesses. Many businesses have tried various tactics and strategies using internal resources, but there comes a time when you need to seek outside help for collections. A collection agency should understand respect and dignity. Here are just a few.

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American Profit Recovery

MARCH 4, 2022

Everyone here at American Profit Recovery understands that as a collection agency we need to be as transparent as possible. When we are creating honest and open conversations with consumers, everyone benefits. When we are creating honest and open conversations with consumers, everyone benefits.

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American Profit Recovery

DECEMBER 8, 2020

In the not too distant past, a business that hired a collection agency was doing so as a last resort. They had customers that were not paying, they called, sent letters, and decided that the only thing they could do was to get rid of that customer and send them to collections. Getting paid quicker. Keeping your customers.

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Taurus Collect

JANUARY 10, 2024

In such circumstances, resorting to a commercial debt collection agency becomes not just an option, but a necessity. A popular choice among UK businesses is a “ No Cure No Pay ” debt collection service. This model ensures that you only pay if the agency successfully retrieves your debts.

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American Profit Recovery

MARCH 31, 2021

If you are a dental professional, you know this part of the business all too well. Cultivating a culture of compassion, sensitivity, and quite frankly being overly nice can only benefit the bottom line of your dental practice. Being nice just works. Let’s face it, most of us do not enjoy a trip to the dentist.

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Taurus Collect

APRIL 9, 2024

This is particularly true in the realm of business debt collection in the UK, where unpaid invoices can quickly become a thorn in the side of your financial stability. This is particularly true in the realm of business debt collection in the UK, where unpaid invoices can quickly become a thorn in the side of your financial stability.

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UK debt collections

FEBRUARY 9, 2022

Whilst the UK struggles to recover from the pandemic , its never been a better time for Businesses to use a Debt Collection Agency. Debt Collection Agencies do not just act for Businesses, there are many Debt Collection Agencies for individuals also. The cost of using a Debt Collection Agency can vary.

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American Profit Recovery

APRIL 20, 2022

Understand that there is hope in improving your finances and that with a little work you can get rid of the stress associated with being in debt. Know My Debt has an extensive library of articles and resources that cover many areas of consumer debt, improving credit scores, and tips for working with a collection agency.

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American Profit Recovery

NOVEMBER 23, 2022

There is a lot of important work done by reputable and professional debt collectors daily in this country. This work helps the overall economy, consumers that may be struggling with ongoing debt, and small businesses struggling to meet payroll and other expenses. The debt collection industry touches just about everyone.

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American Profit Recovery

JULY 5, 2021

And before hiring a collection agency, you should get comfortable with a few things. If there is a dispute, they should inform you of that but if you did the work, you must be paid. If there is a dispute, they should inform you of that but if you did the work, you must be paid. But you need to keep your cool.

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American Profit Recovery

JUNE 15, 2021

As the light the end of the metaphorical-pandemic tunnel gets brighter, creditors may be questioning whether sending consumers to collections is appropriate. Many consumers were laid off, some were forced to work lesser hours, and other people’s jobs were eliminated permanently. Absolutely send those consumers to collections.

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American Profit Recovery

JULY 9, 2021

Oftentimes we find that many people are unaware of certain facts about the collection industry and are even surprised when they learn more about the industry and the people that represent that industry. But don’t worry, we are here to tell you some of the things you may not be aware of when it comes to the collection industry.

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American Profit Recovery

MAY 19, 2021

By Sabrine: We have all heard others mention the significance of looking forward to work every morning, rather than dreading it. A positive work environment and culture is the very thing that can make or break an employee. This can affect a worker’s job performance as well as their attitude with customers they work with daily.

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American Profit Recovery

DECEMBER 8, 2021

We have seen this mostly in the form of home improvements as well as other items to make working and living at home more enjoyable. We have seen this mostly in the form of home improvements as well as other items to make working and living at home more enjoyable. It should be no secret to anyone owning or running a business.

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American Profit Recovery

SEPTEMBER 22, 2021

And if you get to the point where you need to hire a debt collection agency for customers that have not paid you, our advice will come in handy when it comes to preparing for the next step in collections. You do not have to be a large corporation to enjoy the benefits of accounting software.

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Nexa Collect

SEPTEMBER 1, 2020

But you are skeptical about sending accounts for collections, fearing a potential loss of reputation or hoping that your patient will magically pay you without the involvement of a 3rd party collector. . After overcoming your reluctance, you eventually decide to send past-due accounts for collections. You are not alone.

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American Profit Recovery

MARCH 2, 2021

You might perceive that all calls from a collection agency are nothing more than a standoff between a consumer and a debt collector. One of the benefits of working in this industry is that our team meets all types of people over their day. In fact, here it is quite the opposite. The answer to these for most is obvious.

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Credit Corp

JUNE 1, 2023

Your credit score may improve if your collection debt is reported to a new credit scoring model—FICO 9®, FICO 10®, VantageScore 3.0® If you’ve gotten behind on payments to a creditor or lender, your debt could be sent to collections after around 120 days of missed payments. In This Piece: What Is Collections Debt?

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Taurus Collect

AUGUST 15, 2023

Navigating the intricate world of debt collection can be a challenging task for businesses of all sizes. That’s why outsourcing debt collection services , particularly in key areas such as Manchester, can be the game-changer your business needs. Failure to adhere to these can lead to lawsuits and damage business reputation.

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Taurus Collect

SEPTEMBER 18, 2023

Have you ever grappled with the challenge of debt collection in Derby? In this post, we delve into the nitty-gritty of writing an effective debt collection letter, a crucial tool in your arsenal for managing your receivables and maintaining positive cash flow. Your financial risk is significantly reduced.

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UK debt collections

APRIL 20, 2022

Getting Debt Collection quotes is on the rise in the UK as is the use of debt collection agencies. The first Debt Collection quotes site in the UK was launched in 2013. Best4debtcollection.co.uk (Best4) was launched to marry creditors with suitable debt collection agencies. Underhand yes, illegal no.

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Taurus Collect

NOVEMBER 16, 2021

If you’ve already tried your own business debt collection, moving onto a professional agency is the next obvious step. We at Taurus Collections provide no win, no fee debt collection for businesses and have come up with a list of the main benefits of using a collection agency.

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Nexa Collect

AUGUST 30, 2020

Predictive analysis can help monitor and manage outstanding receivables, and post-collection data will identify the most effective payment recovery methods. These are the main Key Performance Indicators (KPIs) used to measure recovery or collection of receivables: 1. Main KPI’s to Measure Recovery. Turnover ratio.

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Taurus Collect

MAY 18, 2023

A professional debt recovery service , however, can save the day! With their specialised knowledge of the laws governing this complex process, they offer tremendous advantages that help businesses reclaim their rightful revenue and make it work for them. That’s where professional debt recovery services come in.

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Taurus Collect

JULY 17, 2023

Skip tracing, also known as ‘debt collection skip-search’ or simply a ‘skip search’, is a process used by debt collectors to locate and contact those individuals who have gone to great lengths to avoid being found. It can be an incredibly effective collection tool for finding missing debtors.

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Taurus Collect

DECEMBER 18, 2023

An inevitable part of this financial management is the realm of commercial debt collection. Whether you’re a small business owner or a financial manager in a large corporation, understanding the best practices for commercial debt collection can dramatically enhance your cash flow and protect your business’s financial health.

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American Profit Recovery

JULY 27, 2020

But did you know that debt collections were also a big part of a healthy economy? But the collection industry is directly responsible for putting a large amount of money back into our economy and into the hands of business. That’s the first reason why debt collections matter to the economy and to the consumer in general.

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PDC Flow

MARCH 9, 2021

As accounts receivable professionals know, early out collection (also known as pre collection) is a typical practice to resolve healthcare bills. Extended business offices build on the practice of collecting before bills are seriously delinquent by offering other administrative services also. Early Out Collection.

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Taurus Collect

JULY 17, 2023

Do you own a rental property business and are having difficulties collecting past-due rent from tenants? If you’ve tried every option possible to collect the money owed, it may be time to seek help from a collection agency.

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Taurus Collect

NOVEMBER 18, 2022

Whether you are a freelancer or business owner, run an agency, or work with a customer success team, collecting payments is an inevitable part of businesses. Additionally, no company can practically sustain itself without collecting revenues. Ask for Upfront Payment. Clearly Communicate Your Expectations.

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Taurus Collect

OCTOBER 30, 2023

If you find yourself in this predicament, it might be time to consider engaging the services of a third-party collection agency. One popular model attracting businesses is the ‘debt collectors no win no fee’ approach, which ensures that you only pay when the agency successfully recovers your debts.

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Taurus Collect

JULY 17, 2023

Whether you’re working with banks, credit reference agencies, drawing up repayment plans or initiating legal proceedings – we’ll cover each step along the way so that you can get back control and maximize cash flow. This is where the expertise of a no win no fee debt collection agency comes in handy.

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Taurus Collect

SEPTEMBER 14, 2022

Ensuring timely debt collection from delinquent accounts is a challenging task. Delay in the collection of debts leads to cash flow disruptions, and recovering those funds can be time-consuming, expensive, and inefficient, especially without the right resources. Decreased Collection Costs. Decreased Collection Time.

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Credits Inc

JANUARY 3, 2020

Over 70 million Americans had a collection attempt between 2016 and 2017. As more and more account receivable collections pile up, businesses without the expertise needed to collect could risk losing thousands of dollars to wayward debt. Four Reasons Account Receivable Collections is Best Left to Professionals.

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