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Common Myths About Using a Collection Agency

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Myth: The FDCPA Will Protect Any Debt Collector. The Fair Debt Collection Practices Act (FDCPA) is a law that limits a third-party debt collector’s actions and behavior when collecting debts. However, the FDCPA only protects consumer debtors. Myth: Small Debts Don’t Enter Collections.

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Finding A Collection Agency

Credit Management Company

Menacing threats and middle-of-the-night phone calls are not the methods top debt collection agencies use. In fact, these tactics go against the Fair Debt Collection Practices Act. That is why it is important to know how to hire a collection agency. Evaluate Their Customer Service.

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Collections at Christmas Time - Tips for Collecting During this Notoriously Difficult Season

Credit Management Company

Some collection agencies make the mistake of pausing collection efforts during this time of the year to avoid increasing tension between the healthcare provider and the patient. The keys to successful collections during this time of year call for increased flexibility, diplomacy and a few of the following tips.

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Finding A Collection Agency: Part 1 - The 5 First Steps

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For example, if you’re an ambulatory service or healthcare facility, you need an agency with experience working in the medical field. Because collections laws vary in different fields, you need to find a company that knows your industry. Find out how they track debtors. A collection agency needs a license to practice.