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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Taurus Collect

SEPTEMBER 20, 2022

Here are a few red flags indicating the difference between an alleged debt collector and a scammer: A Scammer Will Falsely Threaten You . Most scammers often use aggressive, over-the-top, blatant threats to collect money from the debtors. Taurus Collections (UK) Ltd. We are here to help!

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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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Taurus Collect

DECEMBER 18, 2023

In our comprehensive 2024 guide, we will explore the ins and outs of hiring a commercial debt collection agency. Professionalism : The agency should maintain professional communication with both you and your debtor. This fee structure ensures that you pay only when the agency successfully recovers your debt.

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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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Collection Industry News

SEPTEMBER 8, 2020

Entities are performing debt collection activities. Debt collection means requiring debtors to pay creditors outstanding due or overdue amount or property as obligated by a contract or by a decision of a competent State’s authority. In addition to debt collectors operating under Decree No. 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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Debt Recoveries

APRIL 16, 2023

A debt collector and lawyer who focuses on debt collection advises clients to pursue payment of their obligations as soon as possible since the longer they wait, the more difficult it will be to do so. Being the first to act is also crucial because debtors can owe money to other parties who are also attempting to get paid.

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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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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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Taurus Collect

SEPTEMBER 15, 2022

When selecting your potential debt collectors, ensure they have the proper knowledge, qualifications, certifications, and experience to ensure that your collection tasks are taken care of professionally. Remember that failing to pay debts on time does not land someone in prison. Try To Collect the Debts You Don’t Owe.

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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. . We make initial contact with the debtor in a friendly way, acting as an agent of the insurance company.

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Taurus Collect

OCTOBER 21, 2022

However, it is recommended to take the assistance of a professional debt collection agency in town to ensure successful collections. What are the Workings of Tax Season Debt Collection Strategy? An efficient tax-season debt collection strategy involves an upsurge of efforts. Do you want to know how?

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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! For many debtors, their primary contact with collectors will be through phone conversations.

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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 well-known collecting agencies charge a flat fee or have a contingency rate policy.

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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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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. Quick Results.

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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

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? A digital debt collection system efficiently identifies your debtor’s needs and expectations.

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Taurus Collect

JANUARY 10, 2024

Inadequate In-house Resources : When chasing unpaid invoices begins to distract your staff from their primary tasks, or if your business lacks a dedicated collections team, it’s advisable to outsource this function to a professional agency. A debt collection agency can use its expertise to break this communication barrier.

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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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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. . They can give debtors and other stakeholders with timely responses.

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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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Taurus Collect

JANUARY 20, 2023

By checking a person’s credit report, debt collectors can look at current accounts, past payment history and any negative information associated with their name. It’s important for debt collectors to check a person’s credit report because this information shows how reliable they are as a debtor.

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