Expert insights. Personalized for you.
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. MORE
If your organization has had challenges in getting customers to pay or pay on time, you have most likely taken the steps to work with a collection agency. The right agency will help you get back on track as well as help your customers find a solution to their ongoing debt. MORE
A collection agency can work with your employee professionally and legally to ensure that you get your money back. Need a collection agency? A collection agency is not a replacement for police at all; they only act to recover the debt legally. MORE
When an account goes past due, many send the account to a reputable and compliant collection agency to obtain monies on their behalf. Even during debt collection, agencies should deliver exceptional customer service and, ultimately, end the relationship with a satisfied customer. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
Attorneys general from 41 states have reached a settlement with Retrieval-Masters Credit Bureau, which operated a collection agency under the name of American Medical Collection Agency, stemming from a data breach in 2019 that exposed the personal information of more than 7 million individuals. MORE
Collecting outstanding debt isn’t an easy process. Companies will generally try to collect on their outstanding accounts internally before passing their most egregious cases on to an external debt collection agency. Collection agencies are experts in debt recovery. MORE
It is fairly common in the breeders’ industry to assign past-due accounts to a debt collection agency. The involvement of a third-party agency does the trick in most cases. Looking for a collection agency : Contact us. MORE
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? MORE
With collection agency values reaching their highest levels in decades, this may very well be “the golden age of debt collections.” Drilling down through the layers of agency functionality provides some insight into how those values promote compliance. MORE
Collecting outstanding debt isn’t an easy process. Companies will generally try to collect on their outstanding accounts internally before passing their most egregious cases on to an external debt collection agency. Collection agencies are experts in debt recovery. MORE
How can data analytics be used to improve collector efficiency and drive revenue in debt collection? Collection AgenciesWe spoke to Shantanu Gangal, CEO of Prodigal , to find out. MORE
AG Sues Collection Agencies appeared first on AccountsRecovery.net. MORE
There are several complex legal laws involved, even when you want to collect your own money. The involvement of a collection agency changes the perception of your delinquent customers. Need a collection agency? MORE
The governor of Pennsylvania has vetoed proposed legislation that would have allowed state courts to hire private collection agencies to recover unpaid court fines and costs, saying it could “disproportionately” harm low-income individuals. MORE
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. MORE
million judgment against a collection agency and its owner that were accused of engaging in deceptive and abusive collection practices and operating without a proper license. Judgment Against Collection Agency, Owner appeared first on AccountsRecovery.net. MORE
Debt collection agencies in PR include Kinum , TSI , CICA, ILCA and Professional recoveries. Spanish and English-speaking debt collectors are required for Puerto Rico debt collection. Need a Collection Agency in PR? MORE
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 MORE
One of the services businesses are able to use to help maintain or improve their cashflow is a debt collection agency. To assist in ensuring quality and integrity within the debt collection industry, the Institute of Mercantile Agents was formed. MORE
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. MORE
This collection agency provides learning opportunities with weekly Best Practice meetings as well as monthly reviews with our management team. The post Culture in the Workplace-Vital to this Collection Agency appeared first on American Profit Recovery. MORE
Along with the rest of the world, the credit and collections industry is adjusting to the "new normal" brought about by COVID-19. Collection Agencies MORE
Collection AgenciesThe statistics don’t lie. According to a HubSpot research study done in 2020, 72% of consumers prefer video over text for receiving branded marketing information. MORE
Money collection is inevitable, but it can be frustrating, confronting, and distasteful, especially when valued clients have fallen behind in their payments for whatever reason. Sometimes, your in-house efforts to collect overdue payments can become a significant drain on resources. MORE
You might not think to place the words collection agency and compliments in the same sentence, especially when it comes to the consumers debt collectors are calling on. Collection agencies help consumers. The public still views collection agencies in a negative way. MORE
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. MORE
Let’s go straight in on this one, because we know what makes a good collection agency. So here are 5 tips to choose a good collection agency for your business: Reputation & trustworthiness – always look for an agency with at least 5 years of trading history. A lot of collection agencies set-up then disappear within a year or 2. Obviously these are very untrustworthy collection agencies! How To Find A Good Collection Agency. MORE
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. MORE
Construction equipment companies have an ongoing requirement for debt collection from businesses (and sometimes individuals) who do not pay the agreed-upon rental dues on time. An experienced collection agency that has extensive experience in commercial collections is a perfect choice. MORE
When good clients go bad, here's what to look for in the best B2B collections agency. Hiring a B2B Collections Agency Commercial Debt CollectionJust like when any relationship turns sour, you're left dealing with the things you couldn't agree on. MORE
Collections Agency Related Topics UK debt collections
JUNE 11, 2021
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.
UK debt collections
JUNE 8, 2021
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.
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UK debt collections
MAY 4, 2021
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.
Payment Savvy
JANUARY 20, 2021
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.
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. Debt Collection Process. What are their methods for debt collection?
Nexa Collect
JULY 13, 2021
Construction equipment companies have an ongoing requirement for debt collection from businesses (and sometimes individuals) who do not pay the agreed-upon rental dues on time. An experienced collection agency that has extensive experience in commercial collections is a perfect choice.
Arbeit Software
JULY 31, 2020
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.
Nexa Collect
MARCH 12, 2021
Debt collection agencies in PR include Kinum , TSI , CICA, ILCA and Professional recoveries. Spanish and English-speaking debt collectors are required for Puerto Rico debt collection. Need a Collection Agency in PR?
Recoverity
MAY 26, 2020
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.
Nexa Collect
MAY 16, 2021
A collection agency can work with your employee professionally and legally to ensure that you get your money back. Need a collection agency? A collection agency is not a replacement for police at all; they only act to recover the debt legally.
Enterprise Recovery
MAY 7, 2021
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.
Enterprise Recovery
FEBRUARY 12, 2021
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.
Payment Savvy
JANUARY 7, 2021
When an account goes past due, many send the account to a reputable and compliant collection agency to obtain monies on their behalf. Even during debt collection, agencies should deliver exceptional customer service and, ultimately, end the relationship with a satisfied customer.
Account Recovery
OCTOBER 1, 2020
AG Sues Collection Agencies appeared first on AccountsRecovery.net.
Nexa Collect
JULY 1, 2021
There are several complex legal laws involved, even when you want to collect your own money. The involvement of a collection agency changes the perception of your delinquent customers. Need a collection agency?
Nexa Collect
AUGUST 8, 2020
Collecting outstanding debt isn’t an easy process. Companies will generally try to collect on their outstanding accounts internally before passing their most egregious cases on to an external debt collection agency. Collection agencies are experts in debt recovery.
Nexa Collect
JULY 28, 2020
Collecting outstanding debt isn’t an easy process. Companies will generally try to collect on their outstanding accounts internally before passing their most egregious cases on to an external debt collection agency. Collection agencies are experts in debt recovery.
Nexa Collect
FEBRUARY 26, 2021
It is fairly common in the breeders’ industry to assign past-due accounts to a debt collection agency. The involvement of a third-party agency does the trick in most cases. Looking for a collection agency : Contact us.
Debt Recoveries
MAY 29, 2020
One of the services businesses are able to use to help maintain or improve their cashflow is a debt collection agency. To assist in ensuring quality and integrity within the debt collection industry, the Institute of Mercantile Agents was formed.
Arbeit Software
JULY 13, 2020
How can data analytics be used to improve collector efficiency and drive revenue in debt collection? Collection AgenciesWe spoke to Shantanu Gangal, CEO of Prodigal , to find out.
American Profit
MAY 19, 2021
This collection agency provides learning opportunities with weekly Best Practice meetings as well as monthly reviews with our management team. The post Culture in the Workplace-Vital to this Collection Agency appeared first on American Profit Recovery.
Taurus Collect
JUNE 5, 2019
Let’s go straight in on this one, because we know what makes a good collection agency. So here are 5 tips to choose a good collection agency for your business: Reputation & trustworthiness – always look for an agency with at least 5 years of trading history. A lot of collection agencies set-up then disappear within a year or 2. Obviously these are very untrustworthy collection agencies! How To Find A Good Collection Agency.
American Profit
JANUARY 14, 2021
You might not think to place the words collection agency and compliments in the same sentence, especially when it comes to the consumers debt collectors are calling on. Collection agencies help consumers. The public still views collection agencies in a negative way.
Arbeit Software
MARCH 23, 2020
Along with the rest of the world, the credit and collections industry is adjusting to the "new normal" brought about by COVID-19. Collection Agencies
Account Recovery
MAY 28, 2021
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.
American Profit
DECEMBER 4, 2020
If your organization has had challenges in getting customers to pay or pay on time, you have most likely taken the steps to work with a collection agency. The right agency will help you get back on track as well as help your customers find a solution to their ongoing debt.
Account Recovery
JULY 2, 2021
The governor of Pennsylvania has vetoed proposed legislation that would have allowed state courts to hire private collection agencies to recover unpaid court fines and costs, saying it could “disproportionately” harm low-income individuals.
Account Recovery
DECEMBER 23, 2020
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.
Taurus Collect
MARCH 23, 2021
Money collection is inevitable, but it can be frustrating, confronting, and distasteful, especially when valued clients have fallen behind in their payments for whatever reason. Sometimes, your in-house efforts to collect overdue payments can become a significant drain on resources.
Arbeit Software
MARCH 2, 2020
Collection AgenciesThe statistics don’t lie. According to a HubSpot research study done in 2020, 72% of consumers prefer video over text for receiving branded marketing information.
Enterprise Recovery
AUGUST 21, 2020
When good clients go bad, here's what to look for in the best B2B collections agency. Hiring a B2B Collections Agency Commercial Debt CollectionJust like when any relationship turns sour, you're left dealing with the things you couldn't agree on.
Account Recovery
MARCH 12, 2021
Attorneys general from 41 states have reached a settlement with Retrieval-Masters Credit Bureau, which operated a collection agency under the name of American Medical Collection Agency, stemming from a data breach in 2019 that exposed the personal information of more than 7 million individuals.
Account Recovery
APRIL 15, 2021
million judgment against a collection agency and its owner that were accused of engaging in deceptive and abusive collection practices and operating without a proper license. Judgment Against Collection Agency, Owner appeared first on AccountsRecovery.net.
Optio Solutions
FEBRUARY 18, 2020
With collection agency values reaching their highest levels in decades, this may very well be “the golden age of debt collections.” Drilling down through the layers of agency functionality provides some insight into how those values promote compliance.
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