Taurus Collect

MAY 12, 2024

In the realm of debt recovery, the “ no collection no fee ” debt collection strategy stands out as a beacon for ethical practice. Clear Communication and Transparency In adopting a no cure no pay debt collection model, a commitment to clear communication and transparency becomes paramount.

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Taurus Collect

SEPTEMBER 20, 2022

Remember that if the collector is not willing to provide you with the details of your debt, creditor, email address, or other relevant information, that’s a sure sign of a scam. Are you having trouble collecting your debts and looking for a convenient way to handle your business debt collection?

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Taurus Collect

MAY 12, 2024

In this blog post, we will explore six pivotal trends set to dominate the sector in 2024, focusing on how the “no collection no fee” model is transforming debt recovery practices. These advancements are enabling firms to streamline operations, enhance customer experience, and improve success rates in debt recovery.

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UK debt collections

APRIL 20, 2022

Check the reputation of the Debt Collection Agency. What comes as part of the ‘standard’ debt collection service? Use only well established Debt Collection Companies. A Debt Collection Agency will be an ambassador for your brand, business and reputation.

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Nexa Collect

JANUARY 12, 2022

There are well-defined debt collection laws, both at the federal and state level, that prohibit debt collection companies from using abusive, unfair or deceptive practices to collect debts: A typical fine – $1000 per debtor.

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True Accord

APRIL 21, 2022

Historically, debt collectors have been depicted as hostile, intimidating or downright rude – and over the years they’ve confirmed those stereotypes through aggressive phone calling and deceptive tactics. Truth be told, it’s the first time I’ve ever enjoyed time spent with a debt collection company!”.

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Taurus Collect

DECEMBER 18, 2023

In our comprehensive 2024 guide, we will explore the ins and outs of hiring a commercial debt collection agency. No Collection, No Fee Structure : Many debt collecting companies in the UK operate on a ‘ no collection, no fee’ basis. Stay tuned as we delve into this crucial topic.

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Collection Industry News

SEPTEMBER 8, 2020

Lawyers collect debts by negotiation, conciliation or filing a lawsuit to arbitration or court, and by enforcement of State’s agency. The recovery process is properly conducted with costs and plans prescribed by laws. Creditors must have a legal basis and a set of evidence debt payment demand. of these people.

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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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Nexa Collect

JUNE 20, 2020

What happens when they dread pursuing collections because it’s become their full-time job? This is where hiring a collection company to aid in the recovery effort can make sense. Collection companies are not elegant or glamorous, and many have less than a decent reputation.

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Debt Recoveries

JULY 23, 2023

The availability of cutting-edge equipment and technology is another significant benefit of outsourcing debt collection. Modern software systems, which debt collection companies invest in, expedite every step of the process, from recording and monitoring debts to producing automated reminders and reports.

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Debt Recoveries

APRIL 16, 2023

There are several things to think about when deciding between commision-based debt collection and legal action. Customers should confirm that the debt collection company or lawyer has experience recovering debts for their particular business and should get references from previous or present customers.

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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. . Hiring a Debt Collector . If they do outsource, at what stage do they do this?

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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. Contact Us.

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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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Taurus Collect

JUNE 16, 2024

Why Compliance and Regulations Matter in UK Lending Understanding the importance of compliance and regulations in debt collection is crucial for debt collecting companies in the UK. They oversee debt collecting companies to ensure fair treatment of customers.

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UK debt collections

JUNE 11, 2021

Small Businesses are well advised to use only reputable Debt Collection Agencies that have a clear track record. utilising the services of Professional Debt Collectors can bring major financial benefits to any Company that is looking for efficient Debt Recovery solutions.

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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 21, 2022

Most savvy collection agency leaders will always have a plan before tax season that includes proper training and staffing to handle greater call center volume. An efficient tax-season debt collection strategy involves an upsurge of efforts. At Taurus Collections (UK) Ltd., Timing and Modification. Flexibility.

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Taurus Collect

OCTOBER 20, 2022

While the traditional approach to debt collection has improved over time, some business owners still overlook the importance of credit technology implementation. How Digital Debt Collection Drives Success? At Taurus Collections (UK) Ltd.,

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Taurus Collect

FEBRUARY 1, 2024

Whether you’re on the receiving end of a collection action or considering employing such services, understanding the mechanisms at play can help in navigating the often complex world of debt recovery. They are responsible for pursuing the repayment of debts on behalf of creditors.

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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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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

SEPTEMBER 15, 2022

Try To Collect the Debts You Don’t Owe. Some crooked debt collectors knowingly or unknowingly rely on incorrect information to get money from people. Therefore, you should always hire a reputed debt collection company with legal qualifications and experience in collecting debts.

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Debt Recoveries

JUNE 11, 2023

This may entail sending out formal demand letters, hiring a debt collection company, or, if required, filing a lawsuit. Do you want to learn more about how Debt Recoveries Australia can assist you with your invoicing and debt collection issues? Please contact us at email@debtrecoveries.com.au

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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. Quick Results.

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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 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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Taurus Collect

MAY 4, 2022

The latter is often considered a popular alternative as it offers a no-win, no-fee principle , while the former follows a fixed and straightforward approach regardless of the collection amount. Therefore, depending on your budget and your potential collecting agency’s reliability, you can select a well-experienced debt collecting company.

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Taurus Collect

JULY 14, 2022

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. Here are a few primary resources that a debt collection agency uses to find people: Information on your credit application.

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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. Keep cash flowing.

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Credits Inc

APRIL 17, 2019

Healthcare-related debts account for 47% of all the debt that collection agencies recover. Another 16% of debts collected were government-related. With over 8,500 debt collection companies in the United States to choose from as of 2017, how should your company go about selecting a debt recovery agency?

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Debt Recoveries

JUNE 26, 2022

The vehicle’s repairs can then be reclaimed or collected from the responsible party. Internally or externally, by a debt collection company, this recovery or debt collection might be done. . Using the Services of a Debt Collector . appeared first on Debt Recoveries Australia.

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Taurus Collect

JANUARY 10, 2024

Legal Safeguard : Professional agencies are well-versed in the laws and regulations governing debt collection. This knowledge protects you from potential lawsuits and ensures the collection process is legal and ethical. Efficiency : Hiring a professional agency can speed up the debt recovery process.

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Debt RR

OCTOBER 13, 2019

Businesses can attempt to collect debt internally, putting a lot of time and resources into establishing processes and procedures, or they can use a debt collection agency that already has these processes in place. They are used to give businesses peace of mind in their collection efforts.

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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. Every state has its own rules and accreditation for debt collection and recovery services. operating in the United States as of 2019.

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Taurus Collect

JANUARY 20, 2023

In addition, checking credit reports also provides insight into whether or not a particular consumer is likely to take legal action against them if they are having trouble repaying their debts. Send your concerns to enquiries@tauruscollections.com. Connect on Facebook , Instagram , and Twitter.

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