Collections Law

SEPTEMBER 24, 2020

No business should get bogged down in chasing bad debts. That is why you should leave bad debt collection to the experienced aggressive debt recovery attorneys at the Law Offices of Alan M. We have collectively between our two collections attorneys almost 50 years of debt recovery experience. .

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Collections Law

SEPTEMBER 24, 2020

No business should get bogged down in chasing bad debts. That is why you should leave bad debt collection to the experienced aggressive debt recovery attorneys at the Law Offices of Alan M. We have collectively between our two collections attorneys almost 50 years of debt recovery experience.

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Collection Industry News

JUNE 12, 2023

Here are some effective ways to attract clients as a collection agency: 1. Establish connections with individuals and businesses that can refer clients to your agency, such as attorneys, financial institutions, credit bureaus, or other professionals in the debt recovery field.

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Taurus Collect

APRIL 26, 2021

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. So today we wanted to show you what to look for in a good debt collector! Debt Collection Process.

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Collections Law

OCTOBER 5, 2020

For companies dealing with other business entities, debt recovery for services rendered can prove a difficult task. Throughout the debt recovery process, you may be tempted to take the path of least resistance and try to either put the situation behind you or turn to a collections agency. Cohen LLC. .

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Collections Law

JULY 1, 2020

Cohen LLC will work relentlessly to make sure you recover your bad debt. Collection agencies are passive organizations that make the same effort you were making before you brought them on board. Why Hire a Collections Attorney? An experienced collections attorney will do more than merely advise you on what you need to do.

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Nexa Collect

MAY 23, 2022

A debt collection agency will almost always allow you to make payments in installments. You will likely strike a deal to settle the debt for a lower amount (keep insisting). Installments result in more work for collection agencies. No more harassment from collection agencies or their lawyers.

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Nexa Collect

OCTOBER 31, 2022

Still, there are some industries where the average recovery rate is better than others. Based on clients we came across last year (2021), here is the average recovery rate we have seen, along with our collection agency partner(s). No collection agency publically publishes the results they achieve by industry.

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Debt Recoveries

APRIL 16, 2023

A lot of clients in need of debt collection assistance could be undecided about using commision-based debt collection or legal action. There are several things to think about when deciding between commision-based debt collection and legal action. The post Is Legal Action Better than Debt Collection?

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Collections Law

APRIL 25, 2023

Time is of the essence – and that means you have no time for collection agencies. Did you know that collection agencies can’t force business debtors to pay? Only a lawyer can do what is necessary to force payment. They can only contact the debtor again and again in an effort to persuade them to pay.

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Taurus Collect

FEBRUARY 1, 2024

Whether you’re on the receiving end of a collection action or considering employing such services, understanding the mechanisms at play can help in navigating the often complex world of debt recovery. They are responsible for pursuing the repayment of debts on behalf of creditors.

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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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Taurus Collect

JANUARY 10, 2024

Understanding Commercial Debt Collection Laws in the UK In the UK, the process of commercial debt collection is regulated by several sets of laws and guidelines. The Insolvency Act : This Act comes into play when a debtor is unable to pay their debts. About Us Taurus Collections (UK) Ltd.

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Debt Recoveries

APRIL 14, 2020

Outsource to a Collection Agency. . If you don’t have systems in place to handle instalment recoveries, give them to an expert who can deal with them. Debt Recoveries Australia conducts credit collections and accounts receivables for corporations, businesses and sole traders. or call us on 1300 799 511.

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Nexa Collect

JUNE 20, 2020

The debt collection process for businesses also depends on B2C or B2B debt. Need a Collection Agency for your Business? A cost-effective revenue recovery service with extensive experience in recovering money for companies while preserving your business terms with clients. Serving Nationwide. Contact us .

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Debt Recoveries

NOVEMBER 13, 2020

Hi, my name is Adam Stewart, Debt Collection Professional and owner of Debt Recoveries Australia and ADC Legal-Litigation Lawyers. Personal guarantees are the holy grail of debt recovery tools as it makes a certain party liable for the outstanding debt, even if the company or entity has become insolvent.

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Debt Recoveries

JUNE 1, 2021

Unless you are actually a debt collection expert like Debt Recoveries Australia , there is a good chance that you have quite a few higher priorities than managing your company’s accounts receivable. You might even delegate that task out to an assistant or employee without much thought to collect debts fast.

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Better Credit Blog

APRIL 5, 2022

Request a Goodwill Deletion – If You Have Paid The Debt. The first step, if you have paid the full collection account, settlement, or have been making regular on-time payments, is to mail the collection agency a “ goodwill letter ” that explains your situation. Ask the Collection Agency to Validate the Debt.

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Collections Law

JULY 29, 2021

Relying on handshakes and oral promises may feel more natural but in commercial debt collection, it is extremely helpful to have good paperwork. A solid paper trail helps your chances of having our collections lawyers persuade your debtor to pay, It also improves your chance at winning at trial.

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Debt Recoveries

JUNE 26, 2022

Debt collection agencies are skilled at obtaining payment in full or as near to payment in full as feasible. If this isn’t possible, collection agencies are typically set up with completely automated payment and arrangement systems, allowing them to track and report on instalments and payback cases over time. .

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Debt RR

AUGUST 27, 2021

When the traditional letters, phone calls, and negotiations fall short, it may be time to consider filing a debt collection lawsuit against your customer. Filing a claim for unpaid debt in civil court can be a complex, time-consuming process. Can Help You Find Difficult and Nonresponsive Debtors.

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Collections Law

JUNE 14, 2023

Collection agencies can’t do any of this. In a worst-case scenario, their efforts can even tip off a deadbeat that you’re trying to collect and prompt them to move their assets. The process gives us access to some tools that often allow creditors to skip the 30-day waiting period altogether.

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Taurus Collect

JANUARY 20, 2023

Are you being contacted by debt collectors? It can be tricky trying to deal with a debt collection agency , but understanding why and how they check your credit score is the key to regaining control of the situation. If so, it’s likely that they have already checked your credit report.

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Collections Law

AUGUST 11, 2020

Whether you operate in or outside Massachusetts, if your customer to whom you had provided goods or rendered services on credit is located in Massachusetts and is not paying off your debt, then get in touch with our experienced and aggressive debt collection lawyer, Alan M. Cohen, today.

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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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Taurus Collect

JANUARY 24, 2023

In addition to traditional communication methods, many debt collection agencies also use other tactics, such as sending frequent emails and letters in an effort to motivate delinquent accounts into making payments or entering into payment arrangements. Send your concerns to enquiries@tauruscollections.com.

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