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Reshaping Debt Collections with the QCR Accelerator

Qualco

To address these issues, our latest blog explores the QCR Accelerator, a state-of-the-art , plug-and-play collection software specifically designed to streamline and automate debt recovery processes. HURDLES IN DEBT RECOVERY Financial institutions are encountering considerable difficulties in collecti ons concerning unsecured loans.

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What Happens to Debts When Dissolving a Company?

Debt RR

Secured debt: If a business receives a loan or other credit — like a credit card — because of specific assets or liquid collateral, they have secured debt. Though more uncommon than equipment leases and unsecured debt, some businesses are able to acquire secured credit options.

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How Businesses Use Corporate Debt Restructuring for Liquidity

Debt RR

These unsecured debts come in the form of payments for goods and services already received, royalties, commissions, or salaries. When a business starts skipping payments for these basic operational debts, it’s a major red flag that it’s in financial trouble. Indenture Agreement Violations.

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An In-Depth Guide to Bank Account Garnishment in Texas and How to Avoid It

Debt RR

While there might be property debt situations that warrant garnishment, it’s more often used for unsecured debt, or debt that isn’t backed by any collateral. The post An In-Depth Guide to Bank Account Garnishment in Texas and How to Avoid It appeared first on Debt Recovery Resources.