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What Are The Common Problems Faced by the Debt Collection Agents?

Taurus Collect

Moreover, debt recovery is directly associated with your credit score. Therefore, it is vital to have a robust debt collection strategy to enable you to stabilise your cash flow and acquire money from your debtors without hampering your business relationships. Collection methods are not real-time.

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What International Companies Should Know Before Recovering Debts in the UK

Taurus Collect

Managing international debt recovery is complex, and it’s important to know the laws of each country to do so successfully. This blog post will break down everything companies outside of the UK need to know before recovering debts from British residents or businesses.

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6 Quick Steps to Increase Cash Flow and Reduce Debt

Debt Recoveries

Hi, my name is Adam Stewart, Debt Collection Expert and owner of Debt Recoveries Australia.I Slow paying debtors means more cash is locked-up so you cannot use it to pay your own bills and staff; this is usually the biggest contributor to bad cash flow. I always say, cash is king in any business.

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How to Collect Debts Fast and Improve your Accounts Receivable

Debt Recoveries

Unless you are actually a debt collection expert like Debt Recoveries Australia , there is a good chance that you have quite a few higher priorities than managing your company’s accounts receivable. You might even delegate that task out to an assistant or employee without much thought to collect debts fast.

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Toll fine Debt Collection letters are ‘intimidating and misleading’

UK debt collections

Guidelines on debt recovery letter phrasing warn against using “potentially misleading” words such as “enforcement” in trading names so as not to deceive debtors.

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How hard is it for UK Businesses to collect debts in the USA?

Stevens Lloyd

and worldwide to obtain information pertaining to debt recovery in the United States. The roles played by Credit Bureaus and collection agencies. For foreign creditors, collecting debts in the United States can be daunting. Moreover, the legal system in America can favor the debtors in certain situations.

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Cash Flow during COVID

Debt Recoveries

The COVID-19 has taken the world by surprise and we here at Debt Recoveries Australia wanted to share some tips for maintaining cash flow within your organisation in the current economic climate. Debtors paying sooner will create a faster flow of cash so you can reduce your borrowings, or fund growth more easily. Creativity.