Commercial Collection Agencies of America Gives Back

Account Recovery

At each CCA of … The post Commercial Collection Agencies of America Gives Back appeared first on AccountsRecovery.net. General News Commercial Collection Agencies of America Press Release

Best reasons to use a Debt Collection Agency in 2022

UK debt collections

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.

Wash. AG Amends Lawsuit to Accuse Collection Agencies of Failing to Provide Certain Disclosures

Account Recovery

AG Amends Lawsuit to Accuse Collection Agencies of Failing to Provide Certain Disclosures appeared first on AccountsRecovery.net. Compliance Healthcare Bob Ferguson Charity Care Washington Collection Agency Act

Debt Collection Agencies could help save thousands of SME’s

UK debt collections

Debt Collection Agencies could help save thousands of Small Businesses in the UK it is claimed. History shows that taking professional debt collection action can help save the number of Small Businesses from going bust. Debt Collection Agencies have a key role to pay.

Commercial Collection Agencies of America Announces Board of Directors

Account Recovery

Commercial Collection Agencies of America has elected its new Board of Directors and has announced the slate of officers of the organization. Board members include Pete Roth of CST Company, Fred Wasserspring of Lyon Collection Services, Inc.,

What to Look for in a B2B Debt Collections Agency

Enterprise Recovery

If your clients or business partners aren't following through, your accounts receivable department must devote time and resources in an attempt to collect. Or you can outsource the problem to a collections agency that focuses on this type of debt and respects your client/business relationship.

The True Cost of Hiring a Commercial Collection Agency

The Kaplan Group

It may be time to consider hiring a commercial collection agency. We’ve spent a lot of time on this blog discussing: Turning debt over to a collection agency Choosing the right collection agency for your business Innovative steps for protecting your business now and in the future.

Finding A Collection Agency

Credit Management Company

Perhaps you need to consider working with a collection agency. Read on to learn how to hire a collection agency that will serve your best interest and protect your good reputation. In fact, these tactics go against the Fair Debt Collection Practices Act.

Courts close rogue Debt Collection Agency

UK debt collections

The High Court has shut down a rogue Debt Collection Agency it has emerged. The Debt Collection Agency spuriously claimed to be able to collect debts from liquidated companies. The scam debt collection firm had been using a bank account that was not in its own name.

Private Collection Agencies Bringing in Less Than Expected For IRS: Report

Account Recovery

General News Inspector General for Tax Administration Internal Revenue Service Private Collection Agencies

Colorado AG Issues Guidance Related to Collection Agencies Working Remotely

Account Recovery

6 Tips for choosing a Debt Collection Agency

UK debt collections

If you’re running a Business and searching for a debt collection agency (DCA), it is essential you choose the right solution. As with any Business sector, not all debt collection agencies are equal. Debt Collection plays a very important part in modern commerce.

Report Breaks Down Pros, Cons of IRS’s Private Collection Agency Program

Account Recovery

The IRS in late September awarded contracts to … The post Report Breaks Down Pros, Cons of IRS’s Private Collection Agency Program appeared first on AccountsRecovery.net. General News CBE Group Coast Professional Conserve Internal Revenue Service Private Collection Agency

Take the Stress Out of Searching for Collection Agency Names

Taurus Collect

Searching for collection agency names is a stressful proposition because you want to ensure you are working with an honest, efficient, and experienced debt collection agency. Why You Might Need a Debt Collection Agency. Do you need help with debt collection?

Insolvency service advises on use of Private Debt Collection Agencies

UK debt collections

The Insolvency has issued a statement on its use of Private Debt Collection Agencies this week. It also refers to collecting payments from companies that are in liquidation. The debt collection agency will write to you and you should pay them directly.

Collection Agency for Distribution Companies

Nexa Collect

The probability of collecting money from unpaid invoices decreases as time passes by. Outsourcing collections to a professional debt collector raises the probability of getting paid by many folds. Collections is neither their core strength nor they were hired to do this job.

How Long Can a Collection Agency Attempt to Collect Business Debts?

Enterprise Recovery

If your business has sent bad debt accounts off to a collections agency, you likely have questions about recovering that debt. Typically, commercial collections agencies only charge a fee if they're able to collect.

Do not put off hiring a collection agency this year

American Profit

If your business has thought about hiring a collection agency to improve cash flow, but has never made a firm decision, you’ll want to listen up. Before you hire a collection agency. Hiring a collection agency accomplishes many goals.

Can I Hire Multiple Collection Agencies at One Time?

Nexa Collect

You can legally hire more than one collection agency at a time, provided you do not assign the same account to multiple collection agencies. If one debtor starts getting contacted by different agencies, you can be sued for harassment. .

What Makes a Good Debt Collection Agency?

Taurus Collect

When you’re looking for a commercial debt collection agency, it’s easy to feel overwhelmed. We know what makes a good debt collection agency because we strive to be the best we can be. Debt Collection Process. What are their methods for debt collection?

How to Audit & Improve Your Collection Agency's Online Presence

Arbeit Software

With the release of the CFPB's new debt collection rule, having a strong online presence is more important than ever before for debt collection agencies. Working in collections can be stressful. Collection Agencies

Firm Announces Acquisition of Washington-based Collection Agency

Account Recovery

A private holding company that says it is actively seeking to purchase accounts receivable management firms has announced the acquisition of a collection agency based in Washington. General News Rainier Collections Services Teran Dale Thomas Crown

When is it time to hire a Debt Collection Agency?

UK debt collections

The saying in the Debt Collection Industry is ‘the older, the colder’ which is layman’s terms means, the longer the invoice goes unpaid, the less likely it will be paid at all. Maybe they should consider that it is time to hire a debt collection agency.

Ed. Dept. Cancels Contracts With Private Collection Agencies

Account Recovery

The Department of Education last week notified the private collection agencies it had been using to help recover payments on defaulted student loan debts that it would no longer be placing accounts with them.

I don’t think my business can afford to use a collection agency-Now what?

American Profit

Before your business decides it’s not a good idea to use a collection agency or you simply cannot afford it, we have a few pieces of advice you should consider before shutting the door on getting third-party help. Your business CAN afford to use a collection agency.

Scam Debt Collection Agency Owner receives lengthy Jail sentence

UK debt collections

A Scam Debt Collection Agency Boss has been sent to prison for 4 years and 10 months. The Dodgy Debt Collector took cash payments from clients to help recover money but did so with no intention of collecting what they were owed. Dodgy Debt Collection Agencies.

4 little known benefits of using a debt collection agency

American Profit

Most people understand the basic concept of a collection agency. Customers do not pay, and your business sends those accounts to that agency for further activity. However, other important benefits come with hiring the right debt collection agency that you may not be aware of.

The Best Collections Agency

Recoverity

Choosing the right collection agency to represent your business is an important decision. The post The Best Collections Agency appeared first on Recoverity. As finance and credit professionals, TBCA, Inc.

How to Hire a Debt Collections Agency for your Unpaid Invoices

Enterprise Recovery

Here's how to hire a debt collections agency for your unpaid invoices. Hiring a B2B Collections AgencyIt's so frustrating when unpaid invoices are piling up, even after you've called, emailed and sent friendly reminders.

Common Myths About Using a Collection Agency

Credit Management Company

Therefore, many people find themselves encountering collection agencies at one point or another. Unfortunately, much of what people “know” about the debt collection industry relies more on myths than facts. Read on to discover all you need to know about debt collection agencies.

Class-Action Suit Filed Against Collection Agency

Account Recovery

A class-action lawsuit has been filed against a debt collector, accusing it of making it look like the collector purchased debts from a healthcare provider when it had not done so and for violating a state collection law in Colorado.

Overcoming Common Collection Agency Challenges

Payment Savvy

The collection agency faces many challenges, including ever-changing technology and tightening oversight. It’s important to regularly review your processes and procedures and pay close attention to your collection agency challenges. Outdated Collection Strategies.

Brand Building Strategies for Debt Collection Agencies | Arbeit

Arbeit Software

Is brand building important in the debt collection industry? Collection AgenciesSean Williams , Principal at Williams, Rush & Associates thinks so, and shares his strategies for building a positive reputation.

Your Collection Agency has Shut Down? What to do Next?

Nexa Collect

Many collection agencies have shut down recently due to the following reasons. Covid-19 Pandemic : Collection agencies were barred from collecting money in many states during the pandemic, impacting revenue from existing accounts.

Collection Agency Owner Pleads Guilty to Wire Fraud, Tax Evasion

Account Recovery

The owner of a Kentucky collection agency is facing up to 20 years in prison after pleading guilty to charges of wire fraud and tax evasion. He also admitted to … The post Collection Agency Owner Pleads Guilty to Wire Fraud, Tax Evasion appeared first on AccountsRecovery.net.