PDC Flow

JANUARY 29, 2024

Debt settlement campaigns are initiatives where debt collection agencies offer a discount to consumers to boost collection on old or unresponsive accounts. Tax season is the best time to consider a debt settlement campaign within your debt collection agency.

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Debt settlement Collections Debtor Collection Agencies 90

Taurus Collect

JUNE 12, 2023

Thus, debt collection agencies are commonly utilised to ensure that funds due back to businesses don’t go unpaid. But how often do debt collection agencies take their clients’ customers to court? But did you know that these agencies often try to resolve your debt before resorting to legal action?

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Collections Agency Collection Agencies Collections Debt collector 52

Debt RR

APRIL 5, 2022

However, if you do not pay, you could either assign the debt, sell the debt to a commercial debt collection agency, or get sued for the commercial debt. Getting sued for commercial debt via a civil litigation lawsuit can be detrimental to your business. The post What is Commercial Debt?

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Taurus Collect

DECEMBER 30, 2022

Ultimately, they can also hire a debt collection agency to pursue the money you owe to them. Read on to understand how to respond when your debt is sent to collections. You may panic upon learning that there is a debt collection agency after you to retrieve the amount you owe to your creditors.

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Collections Collection Agencies Collections Agency Retrieval 52

Qualco

NOVEMBER 7, 2023

The critical role that effective system infrastructure plays in the successful execution of judicial and extrajudicial strategies for loan recovery is increasingly evident. In the past, creditors used to restructure sparingly, typically reserving it for situations where amicable collections appeared implausible.

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Burt and Associates

FEBRUARY 3, 2025

High Levels of Unpaid Invoices According to the Findex report , overdue invoices are a leading cause of business debt : 80% of small businesses experience late payments. 45% of unpaid invoices go beyond 90 days , making recovery more challenging. Consider Debt Restructuring Refinancing high-interest loans can reduce monthly payments.

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Commercial Collection Collection Agencies Collections Agency Debt Recovery 52