Debtor, Education and Retrieval - Creditor Collections Today

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Debtor

Education

Retrieval

The Do’s and Don’ts of Sending Someone to Collections

Taurus Collect

MAY 18, 2023

Once an account is sent to collections, the creditor is handing the case over to a third-party agency to retrieve the debt. From there, the agency will attempt to contact the debtor and negotiate a payment plan or settlement. Do Know Collection Laws It is important to educate oneself on the laws that regulate collection efforts.

Collections

Collections Retrieval Creditors Debtor

How to Reduce Your Collection Cost and Boost Your Cash Flow

Taurus Collect

APRIL 9, 2024

Customer Insolvency: When a customer goes bust, retrieving owed funds becomes complex. Educate Your Team: Ensure your team is well-versed in effective credit management and negotiation skills. Flexible Solutions: Demonstrate a willingness to work out flexible payment arrangements that account for the debtor’s circumstances.

Collections

Collections Debt Recovery Collection Agencies Collections Agency

The Do’s and Don’ts of Sending Someone to Collections

How to Reduce Your Collection Cost and Boost Your Cash Flow

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