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What Are the Crucial Steps in the Debt Collection Process?

Taurus Collect

Navigating the convoluted terrain of debt collection can be a daunting task for businesses big and small. However, understanding the crucial steps in the debt collection process can empower businesses to retrieve owed money efficiently and legally, thus enhancing their financial health.

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Medical Debt Collection Harms Patient Finances

Collection Industry News

In a recent report reviewing 5,023 lawsuits to collect unpaid medical bills by five health systems in Wisconsin from 2017 to 2019, the firm found that health systems were always represented by attorneys, but less than 1% of patients were. Bobby Peterson. They’re stressed out by bills. They’re stressed out by illness.