Taurus Collect

MAY 12, 2024

In the rapidly evolving landscape of the debt collection industry, staying ahead of emerging trends is crucial for success. 2024 promises to bring significant changes, with the “ no collection no fee ” debt collection model standing out as a key player.

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Taurus Collect

SEPTEMBER 20, 2022

Dealing with debt collection issues can be overwhelming, especially when you are unsure if the person contacting you is legitimate or a scammer. When an account becomes past due, your creditor may attempt to collect the amount owed or hire a debt collection agency. Taurus Collections (UK) Ltd.

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Better Credit Blog

JANUARY 27, 2021

If you’re getting calls from a company called Debt Recovery Solutions, you probably have one or more unpaid bills to take care of. They are a third-party collector that is hired by companies to get customers to pay their overdue bills. And this can range from credit card debt to hospital bills to utility fees.

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Taurus Collect

DECEMBER 18, 2023

This is where a commercial debt collection agency comes into play. One of the key trends in this industry is the ‘no collection no fee debt collection’ approach, a cost-effective solution for businesses grappling with unpaid debts. Stay tuned as we delve into this crucial topic.

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UK debt collections

APRIL 20, 2022

Getting Debt Collection quotes is on the rise in the UK as is the use of debt collection agencies. The first Debt Collection quotes site in the UK was launched in 2013. Best4debtcollection.co.uk (Best4) was launched to marry creditors with suitable debt collection agencies. Think about it!

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Taurus Collect

JUNE 16, 2024

Managing compliance and regulations in collections can be challenging for lenders in the UK. Stay tuned for insights that could make a significant difference in your approach to debt collection. They oversee debt collecting companies to ensure fair treatment of customers.

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Debt Recoveries

JULY 23, 2023

This is a situation when Australian businesses may find it prudent to outsource debt collection services. Businesses can save time and money by delegating this crucial task to experts, and they’ll also increase their chances of collecting unpaid bills.

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Debt Recoveries

APRIL 16, 2023

A lot of clients in need of debt collection assistance could be undecided about using commision-based debt collection or legal action. There are several things to think about when deciding between commision-based debt collection and legal action. The post Is Legal Action Better than Debt Collection?

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Nexa Collect

JANUARY 12, 2022

If you plan to outsource your accounts receivable to an aggressive collection agency, then kindly read this article and be aware of all the risks you are taking. We all are humans and even a debt collector can easily cross the legal red line during this heated conversation.

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Debt Recoveries

MAY 14, 2023

Recovering unpaid debts can be a time-consuming and expensive process, which often requires expertise and the right tools that most companies lack. As a debt collection expert, it’s evident that outsourcing debt recovery to a professional debt collection agent has become increasingly popular among smart companies.

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True Accord

APRIL 21, 2022

The idea of compassionate, considerate consumer communication is behind TrueAccord’s approach to debt recovery and drives our innovation, and based on what we’ve seen, we believe there’s a lesson to be learned for others in the debt collection space. They get angry when I don’t have the money to pay back in time.”.

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Taurus Collect

JANUARY 24, 2023

But while it can be exciting to think about that refund cheque hitting your bank account soon, there’s another equally pressing reason why you should pay attention this tax season – debt collection! However, dealing with debt collectors can be intimidating if you don’t know how to handle them properly.

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Taurus Collect

OCTOBER 20, 2022

Debt collection agencies help alleviate the financial stress of businesses. As a result of these changes, in today’s era, digital debt collection practices aren’t just a necessity but a “must-have” operational model for businesses. How Digital Debt Collection Drives Success?

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Taurus Collect

OCTOBER 21, 2022

Tax season is known as winter holidays in collections. It is considered the busiest time of the year to pay off debts. However, it is also a great time to recover debts from overdue accounts. Customers with past-due accounts use income tax refund amounts to settle late bills, resulting in higher collection rates.

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UK debt collections

JUNE 11, 2021

The High Court has shut down a rogue Debt Collection Agency it has emerged. The Debt Collection Agency spuriously claimed to be able to collect debts from liquidated companies. Global Investigations and Recoveries Ltd would contact creditors of liquidated companies.

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Taurus Collect

JANUARY 10, 2024

Navigating the terrain of unpaid business debts can be a formidable challenge for many businesses. In such circumstances, resorting to a commercial debt collection agency becomes not just an option, but a necessity. A popular choice among UK businesses is a “ No Cure No Pay ” debt collection service.

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Nexa Collect

AUGUST 6, 2020

While it’s smart to initially attempt collection on your own, there’s only so much work you should do. Trying to collect a bad debt is draining on your time and your resources. Eventually, it makes sense to pass the task on to a professional debt collection company. Balance Fees With Recovery Rates.

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Nexa Collect

JUNE 20, 2020

Business discussions often revolve around making and saving money, cutting costs and building upon wealth, but fewer tackle one of the embarrassing experiences of being in business: collecting money owed. What happens when they dread pursuing collections because it’s become their full-time job? Serving Nationwide. Contact us .

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Burt and Associates

OCTOBER 31, 2024

About Transcript About CFPB 2024 Annual Report on Activities to Administer the Fair Debt Collection Practices Act I. Introduction and Spotlight on Medical and Rental Debt 1.1 Medical Debt 1.1.1 Rental Debt 1.2.1 Conclusion: Summarizes the key findings and trends in medical and rental debt collection.

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Collection Industry News

SEPTEMBER 8, 2020

Article 6 Investment Law 2020 stipulates that “Debt Collection Service” is one of the businesses that are prohibited from investment. This regulation will come into force on 1 January 2021, whereby service contracts for debt collection concluded before that will be invalidated. of these people.

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Taurus Collect

JULY 14, 2022

Moreover, the older the obligations get, the harder it is to collect the payment. However, hiring a reputed debt collection agency will significantly help you as they will use multiple methods to locate your debtors and help you effectively gather your amounts. This helps them smoothly carry out their debt collection process.

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Taurus Collect

APRIL 3, 2023

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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Taurus Collect

FEBRUARY 1, 2024

Dealing with unpaid debts can be a challenging aspect of financial management both for businesses and individuals. That’s where a debt collections service steps in—a critical intermediary that takes on the task of pursuing delinquent accounts to ensure that owed funds are recovered.

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Better Credit Blog

APRIL 1, 2022

If you’re unable to pay your original creditor, your debt may pass to a debt recovery agency, earning a collection letter and possibly a stain on your credit report. Credit Collection Services, known as CCS for short, is one of the largest debt collection agencies in the United States, based in Massachusetts.

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Debt Recoveries

OCTOBER 31, 2021

The repairs to the vehicle can then be recovered or collected from the at-fault party. This recovery or debt collection can be done internally or externally, by a debt collection company. . This gives a real boost to the overall recovery prospects. . Hiring a Debt Collector .

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Credits Inc

APRIL 17, 2019

If you've been unsuccessful in collecting the funds, it may be a more effective use of your time to hire an. account receivable collections. agency to focus on collecting the past-due fees for you. In 2016, debt collection agencies were able to recover roughly $78.5 billion in debts. Experience.

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Taurus Collect

SEPTEMBER 15, 2022

The debt collection industry struggles to get good press. The harmful or illegal actions of a few unprincipled companies have overshadowed the value and importance of debt collection agencies that diligently return money to their actual owners. Try To Collect the Debts You Don’t Owe.

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Debt Recoveries

JUNE 11, 2023

Credit control is the process of overseeing and collecting payments that consumers or clients owe your company. This may entail sending out formal demand letters, hiring a debt collection company, or, if required, filing a lawsuit. Please contact us at email@debtrecoveries.com.au or 1300 799 511.

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Debt Recoveries

MAY 15, 2022

With all of these obstacles, insurance firms are enlisting the help of outsourced debt collection companies to handle their claim payments. . Giving the task to an insurance recovery professional has numerous advantages.

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Credits Inc

SEPTEMBER 20, 2019

7,837 debt collection companies. That being said, there is still a significant need for agencies that can help creditors collect on delinquent debts. That being said, there is still a significant need for agencies that can help creditors collect on delinquent debts. Confirm Its Accreditation Status.

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Taurus Collect

MAY 4, 2022

Dealing with difficult debtors for debt collection can be challenging and burdensome. However, debt collection is a vital part of a comprehensive credit risk management system for every business, whether commercial or consumer. Most people think that all debt collectors are the same. Legitimacy. Fees and costs.

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Debt Recoveries

JUNE 26, 2022

Since we handle a lot of insurance claims recoveries and general debt collection for insurers, I thought I’d share my ideas and recommendations on when an insurance firm should outsource its claims recoveries. . The vehicle’s repairs can then be reclaimed or collected from the responsible party.

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Taurus Collect

MAY 2, 2022

However, understanding the actual issues and their origin with the assistance of a well-experienced debt collecting company will help you avoid major financial problems while enabling you to focus on your business’s growth. Look no further than Taurus Collections (UK) Ltd. Keep cash flowing.

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Debt Recoveries

DECEMBER 6, 2020

Hi, my name is Adam Stewart, Debt Collection Expert and owner of Debt Recoveries Australia. Since forming a debt collection company many years ago, I have had the opportunity to meet many small and medium enterprises (SME’s) and company owners and see how they manage their accounts receivable internally.

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Taurus Collect

MAY 15, 2019

Libby James, Director of midlands based firm Merchant Advice Service , talks to Taurus Collections about the importance of accepting card payments within Debt Recovery industries. In more recent years, she has coupled with Voice Connect to provide automated IVR telephone payment operations to Debt Collection firms nationwide.

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Turbo Recovery

MARCH 19, 2018

Debt recovery can be a difficult and time-consuming task, but at Turbo Debt Recovery we do things differently. These are the five ways our company goes the extra mile for our clients. Liquidity rate is perhaps the single most important aspect of any debt recovery agency. Liquidity Rate.

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Turbo Recovery

MARCH 19, 2018

Debt recovery can be a difficult and time-consuming task, but at Point Law we do things differently. These are the five ways our company goes the extra mile for our clients. Liquidity Rate Liquidity rate is perhaps the single most important aspect of any debt recovery agency and law firm.

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