Outsourcing Archives

May10
Dealing with Debtors AFTER you place them for Collection
I have a great question someone asked me this morning. This person is the debtor and did not respond to the creditor when they were trying to collect. The creditor placed the account with an attorney and here is the...
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Apr17
Placing Accounts with a Collection Agency
List collection agency accounts on special listing forms. Accurate information about the account will improve collections. In all cases, the minimum information should include: the correct name, address & telephone number of the debtor name of debtors spouse whether... Continue Reading
Should I use a Collection Agency?
A Professional collection service can assist you in collecting accounts that remain delinquent. Collectors have a vast knowledge of collection techniques, technology and compliance issues. Using a professional collection service will save time and likely yield better results. Look... Continue Reading
Feb15
Debt Collector or Rabid Pit Bull?
I ran across an article by Bob Tremblay in the Milford Daily News with this sentence that caught my eye: Horror stories of debt collectors acting like rabid pit bulls abound. That really caught my attention and when I... Continue Reading
Nov12
Effective Collection Letters that get results
I recently had someone ask me this question about using different collection letters when they wanted their business to do some pre-collect work before sending accounts off to a collection agency.They asked:  I work for a small compnay and have... Continue Reading
Sep22
Should I use a Collection Agency or try to Collect on my own?
When should a small company (say, 50 to 500 employees in size) hire a collections agency? As an account ages, the chances of collecting on it decrease dramatically. It's expensive to carry accounts that you will not be able to... Continue Reading
 


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