Category Archives: Hiring Collection Agency

Individuals, Companies, The FDCPA and Collections

Potential new clients frequently ask us about the Fair Debt Collection Practices Act (FDCPA) and whether or not we conform to its rules and regulations. Interestingly, The FDCPA does not apply to commercial collection agencies. The FDCPA was enacted to protect individual consumers from unfair and harassing collection practices. The law has been around since Read full post >

Collecting Uncollectible Debts and Tax Write-offs

One question that business owners often have to wrestle with at tax time is whether or not to write off a debt as “uncollectible.” If your business uses a cash basis accounting system, this isn’t an issue for you. In a cash basis accounting system, you don’t count money that you’re owed until it’s paid Read full post >

5 End of Year Tasks for your Business

  The end of the year always brings some predictable events. You know that magazines and websites will be releasing their lists of “best movies” or “most memorable events.” You know that car dealers and other large item retailers will be trying to sell off expensive merchandise. You know payroll departments will be preparing to Read full post >

4 More Reasons Why Hiring a Commercial Collections Agency Is Better for Your Business

  Is hiring a commercial collection agency truly better for your business? Undoubtedly the answer is yes. It frees you from the hassle of having to collect from your delinquent debtors, allowing you to focus on what’s more important– your business. But hiring a commercial collections agency can offer you more than just convenience. Doing Read full post >

Basic Tips To Improve Debtor Negotiations

Whether you’re a debt collector or a business owner trying to get a customer to pay their bills, it is important to know how to negotiate effectively with debtors. Simply calling and demanding payments oftentimes will alienate a customer, especially if they have a reason for late payment. Here are some tips designed to help Read full post >

Differences Between Commercial And Consumer Collections

When a business decides it is time to hire a collection agency, finding the debt collector that can do the job right can be stressful and confusing.The first step in this process requires a business owner to decide between contracting a consumer debt collection agency or a commercial collector. Without an understanding of the difference Read full post >

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