PDC Flow

JANUARY 29, 2024

Debt settlement campaigns are initiatives where debt collection agencies offer a discount to consumers to boost collection on old or unresponsive accounts. Tax season is the best time to consider a debt settlement campaign within your debt collection agency.

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Debt settlement Collections Debtor Collection Agencies 87

Taurus Collect

JUNE 12, 2023

Thus, debt collection agencies are commonly utilised to ensure that funds due back to businesses don’t go unpaid. But how often do debt collection agencies take their clients’ customers to court? But did you know that these agencies often try to resolve your debt before resorting to legal action?

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Collection Agencies Collections Agency Collections Debt collector 52

Taurus Collect

DECEMBER 30, 2022

Ultimately, they can also hire a debt collection agency to pursue the money you owe to them. Read on to understand how to respond when your debt is sent to collections. You may panic upon learning that there is a debt collection agency after you to retrieve the amount you owe to your creditors.

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Collections Collection Agencies Collections Agency Retrieval 52

Debt RR

APRIL 5, 2022

However, if you do not pay, you could either assign the debt, sell the debt to a commercial debt collection agency, or get sued for the commercial debt. Getting sued for commercial debt via a civil litigation lawsuit can be detrimental to your business. The post What is Commercial Debt?

Debt Consolidation 74

Debt Consolidation Acquisition Debt settlement Creditors 74

Qualco

NOVEMBER 7, 2023

The critical role that effective system infrastructure plays in the successful execution of judicial and extrajudicial strategies for loan recovery is increasingly evident. In the past, creditors used to restructure sparingly, typically reserving it for situations where amicable collections appeared implausible.

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Financial Institution Debtor Loans Collateral 95